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KG Propertles, LLP <br />SI MANA6EMENT, Inc. <br />TNE LIIMAR COLONY Ao Assisted l"nnne Communft <br />2485 Kessler <br />Paris, Texas 75460 <br />USA <br />Phone 903-783-5149 <br />September 04, 2001 <br />RE: ITEM # 21 OF TfE APPLICATION FOR REINVESTMENT ZONE DESIGNATION : <br />TfE TYPE AND VALUE OF ECONOMIC DEVELOPMENT INCENTIVES REQUESTED <br />1.) 100% Ta3c Abatement on improvements to site and building for seven (7) yeazs @ <br />$_2,744,000.00_; and <br />2.) 100% Refund of Local Sales and Use Taxes @$ 100.000.0Q; and <br />3.) Direct Low-Interest Loans/f'ackages <br />land @$36,000 00 refinancel & land @$55,000 00 nurchase for exo n~ sionl_ <br />building construction @ $ 1,987,200 00 <br />machinery & equipment @ $ 70,400.00 <br />fumiture & fixtures @ $ 57,600 00 <br />working capital @ 100,000 00 ; and <br />4.) Amend Zoning Ordinances in order to promote economic development in the zone; and <br />5.) Give prompt consideration to building pernvt requests; and <br />6.) Utilization of the Waterworks and Sewer System Revenue Bonds for the purpose of <br />improvements and the payment of professional services related to the construction and <br />financing of such projects; and <br />7.) Increase Police and Fire Protection for this wlnerable segment of our community; and <br />8.) Reduced Utility Rates on Water and Waste Water by ten (10)%, as well as, the five (5)% <br />rate reduction rider offered by TXLJ Electric and Gas, both for seven (7) yeazs: <br />water and waste water $59.4,44 @ 10% rate reduction =$50 00 ner montlL <br />electric and gas via TXU $2,232.9.4 @ S% rate reduction =$111 60 ner month; <br />and <br />9.) Provide funding for improving of existing roads to the site as needed; and <br />[ ATTACHIVIENT ] <br />