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HomeMy WebLinkAboutResolution - 2005-R0265 - Tax Abatement Agreement - Thomas Hurley, Hurley Companies - 06_23_2005Resolution No. June 23, 2005 Item 22 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock a Tax Abatement Agreement with Thomas Hurley, individually and the Hurley Companies dba Hurley Packaging, Essence Bottling, and E.B. Plastics and all related documents. Said Agreement is attached hereto and incorporated in this Resolution as if fully set forth herein and shall be included in the minutes of the Council. Passed by the City Council this 23rd day of ,/Aune /,4' , 2005. AL, MAYOR ATTEST: �QR=U�� R ecca Garza, City Secretary APPRO D A T r,QC 4TENT: Rob Alli lopment APPROVED AS TO FORM: f Linda L. Chamales, Senior Attorney Office Practice Section LC; cityatt / Linda / Res -Hurley Tax Abatement June 13, 2005 USOLUTION No. 2005-RO265 CONTRACT NQ- AGREEMENT STATE OF TEXAS § COUNTY OF LUBBOCK § 6149 This Agreement made this 23rd day of June , 2005, by and between the City of Lubbock, Texas, a home rule municipality of the State of Texas (hereinafter called "City"), and Thomas J. Hurley, individually, and The Hurley Companies dba Hurley Packaging, Essence Bottling and E. B. Plastics (hereinafter called "Company"); WITNESSETH: WHEREAS, City did receive from Company on the 22°d day of April an application for tax abatement for improvements to real property and tangible personal property at 2902 Municipal Drive, Lubbock, Texas, which is further described as Lot 5 Lubbock Industrial Park Addition to the City of Lubbock, Lubbock County, Texas (attached as Exhibit "A"); and WHEREAS, upon review of the above application it was determined that the facility and real property is located in the Lubbock 2000 North Enterprise Zone designated by the City in Ordinance No. 2000-00032 covering the above described property; and WHEREAS, the Guidelines and Criteria Governing Tax Abatement For Selected Taxing Units Contained Within Lubbock County was heretofore adopted by Resolution No. 2003-RO370 of the City Council of the City of Lubbock, and amended by Resolution No. 2004-R0593. A copy of the amended Guidelines and Criteria Governing Tax Abatement for Selected Taxing Units Within Lubbock County is attached as Exhibit "B" and incorporated herein as if fully set forth; and WHEREAS, the City did comply with all the requirements set forth in V.T.C.A., Tax Code, Section 312,201; and WHEREAS, the City did comply with all the criteria and guidelines as set forth in the Guidelines and Criteria Governing Tax Abatement for Selected Taxing Units Contained Within Lubbock County, said guidelines having been adopted by Resolution No. 2003-RO370 of the City on September 18, 2003, and amended by Resolution No. 2004-RO593 on December 16, 2004; and AGREEMENT - THE HURLEY COMPANIES PAGE 1 WHEREAS, the City did pass Ordinance No. 2000-00032 creating the Lubbock 2000 North Enterprise Zone for commercial and industrial tax abatement, said zone including the area which is described in the attached Exhibit "A"; and WHEREAS, V.A.T.C., Tax Code, Sec. 312.2011 provides that designation as an enterprise zone constitutes designation as a reinvestment zone without further action; and WHEREAS, the application received by City from Company is an application for the modernization of an existing facility; and WHEREAS, V.A.T.C., Tax Code, Sec. 312.002 specifically states that such a purpose is to be included in the guidelines for tax abatement and to be eligible for such treatment; and WHEREAS, Section IV of the Guidelines and Criteria governing Tax Abatement for Selected Taxing Units Contained Within Lubbock County adopted by the City Council by Resolution No. 2003-R0370, and amended by Resolution No. 2004-R0593, does recognize modernization of an existing facility as being eligible for tax abatement status; and WHEREAS, the City Council finds that although the project is not included as a target industry in the guidelines, it has the potential of generating additional significant economic development opportunities to Lubbock; and WHEREAS, the City Council does hereby find that all of the Guidelines and Criteria Governing Tax Abatement, as adopted by Resolution No. 2003-R0370, and amended by Resolution No. 2004-R0593, have been met by Company; and WHEREAS, the location of the facility and surrounding real property, which are to be the subject matter of this Agreement, are attached hereto as Exhibit "A" and made a part of this Agreement for all purposes; and NOW THEREFORE, for and in consideration of the premises and of the mutual terms, covenants and conditions herein contained the City and Company do hereby agree as follows. SECTION 1. Term. This Agreement shall remain in force and effect for a period of five (5) years from January 1 of the tax year after the required improvements are substantially completed and shall expire and be of no further force and effect after said date. AGREEMENT - THE HURLEY COMPANIES PAGE 2 SECTION 2. Base Year. The base year applicable to real property, which is the subject of this Agreement, shall be 2005, and the assessed value of the real property shall be the assessed value applicable to such property for said year. SECTION 3. Base Year Taxes. The taxes upon the real property shall be paid in accordance with the assessed value of such property for the base year. Base year taxes upon the real property are thus not abated. SECTION 4. Abatement of Increase in Base Year Tax. In accordance with V.A.T.C., Tax Code, Section 312.204 real property taxes applicable to the real property subject to this Agreement shall be abated only to the extent said value for any given year within the term of this Agreement exceeds the base year taxes hereinabove set forth. SECTION 5. Property Ineligible for Tax Abatement. The property described and set forth in Section IV(6) of the Guidelines and Criteria Governing Tax Abatement for selected taxing units contained within Lubbock County and heretofore adopted by the City Council by Resolution No. 2003-R0370, amended by Resolution No. 2004-RO593 is incorporated by reference herein as if fully set out in this Agreement and fully describes the property ineligible for tax abatement. SECTION 6. Exemption from Tax. The City covenants and agrees to exempt from taxation, in accordance with Section 4 above, the following properties: (a) All proposed new improvements to be placed upon the property which is described in Exhibit "A". (b) All eligible tangible personal property, owned by Company, placed in or upon the property set forth in Exhibit "A", which does not include any equipment and personal property owned by Company and already located in the existing facility. (c) It is further understood that all items affixed to the new improvements placed upon the real property identified in Exhibit "A", including machinery and equipment shall be considered part of the real property improvement and taxes thereon shall be abated in accordance with the provisions of subparagraph (a) above set forth. SECTION 7. Economic Qualifications. Company agrees to expend funds necessary to qualify for tax abatement by modernizing an existing facility, as set forth in Section IV(3)(b) of the amended Guidelines and Criteria Governing Tax Abatement for AGREEMENT -THE HURLEY COMPANIES PAGE 3 selected taxing units contained within Lubbock County (Exhibit "B") on the property described in Exhibit "A". A description of the kind, number and location of all proposed improvements is attached in Company's application, Exhibit "C" and incorporated herein as if fully set forth. SECTION 8. Value of Improvements. In accordance with V.A.T.C., Tax Code, Section 312.204(a), which requires the Owner of the property to make specific improvements or repairs to the property in order to be eligible for tax abatement, Company will expend one hundred thousand dollars ($100,000) for the modernization of the existing facility and one million dollars ($1,000,000) on new equipment to be located within the enterprise zone created by Ordinance No. 2000-00032, SECTION 9. Job Creation. Company agrees to create and retain twenty (20) new permanent full-time jobs within the Company plant located at 2902 Municipal Drive, which is further described in Exhibit "B", within twelve months of the date of this agreement. SECTION 10. Electricity Provider. Company agrees to utilize Lubbock Power & Light (LP&L) for electrical services for the term of the tax abatement. If company chooses to utilize a different Power Company, this contract shall be terminated. SECTION 11. City Access to Property. Company covenants and agrees that City shall have access to the property, which arc the subject matter of this Agreement, upon reasonable notice and during normal business hours, and that municipal employees shall be able to inspect the property to insure compliance with the terms and conditions of Company's application for tax abatement, attached as Exhibit "C", and this Agreement. SECTION 12. Portion of Tax Abated. City agrees, during the term of this Agreement, to abate taxes on eligible property according to the following schedule. Year 1: 100% Year 2: 80% Year 3: 60% Year 4: 40% Year 5: 20% SECTION 13. Commencement Date. This Agreement shall commence January 1 of the tax year after the required improvements are substantially completed and shall expire five (5) years after such date. AGREEMENT - THE HURLEY COMPANIES PAGE 4 SECTION 14. Tyne of Improvements. Company proposes to modernize an existing structure as described in Exhibit "C". Company further states that the proposed improvements to the property above mentioned shall commence on the 15t day of June, 2005, and shall be completed within approximately four (4) months from said date. Company may request an extension of the above date from City in the event circumstances beyond the control of Company necessitates additional time for completion of such improvements and such consent shall not unreasonably be withheld. Company shall provide a copy of the certificate of occupancy or other proof of completion within ten days of completion of improvements. SECTION 15. Drawings of Improvements. Company shall furnish City with one set of as built plans and drawings of the improvements to be made pursuant to the terms of this Agreement. SECTION lb. Limitation on Use. Company agrees to limit the use of the property set forth in Exhibit "A" to commercial and/or industrial uses as those terms are defined in the zoning ordinances of the City of Lubbock and to limit the uses of the property to uses consistent with the general purpose of encouraging development of the enterprise zone during the term of this agreement. SECTION 17. Recapture. Company agrees to be bound by and comply with all the terms and provisions for recapture of abated taxes in the event of default by Company pursuant to law and as set forth in Guidelines and Criteria for Tax Abatement adopted by Resolution No. 2003-RO370 of the City Council of the City of Lubbock and amended by Resolution No. 2004-R0593. SECTION 18. Certification. Company agrees to certify annually in writing to the governing body of each taxing unit that the owner is in compliance with the terms of the Agreement. SECTION 19. Compliance. The City may cancel or modify this Agreement if Company fails to comply with the Agreement. SECTION 20. Notices. Notices required to be given by this Agreement shall be mailed, certified mail return receipt requested, to the following addresses: AGREEMENT - THE HURLEY COMPANIES PAGE 5 CITY OF LUBBOCK THE HURLEY COMPANIES City Manager Tom Hurley P.O. Box 2000 PO Box 3667 Lubbock, Texas 79457 Lubbock, TX 79452 SECTION 21. Effective Date. Notwithstanding anything contained herein to the contrary, this Agreement shall not be effective until such time as it has been finally passed and approved. EXECUTED this 23rd day of June , 2005. THOMAS J. HURLEY /Mu UBBOCK i al Corpor n l' MARL N <DOUAL, MAYOR THE HURLEY OMPANIES fffm HURLEY PRESIDENT ATTEST: Re ecca Garza City Secretary APP JAMTEL NT: Rob Allis Director o usiness Development APPROVED AS TO FORM: d.-Y- Tax Abatement Agmt-Hurley May 26, 2005 Linda L. Chamales, Senior Attorney Office Practice Section AGREEMENT - THE HURLEY COMPANIES PAGE 6 .00 AL 40 m d Exhibit "B" GUIDELINES AND CRITERIA GOVERNING TAX ABATEMENT FOR SELECTED TAXING UNITS CONTAINED WITHIN LUBBOCK COUNTY SECTION I. General Purpose: The Affected Jurisdictions located wholly within or partially within the County of Lubbock, Texas, are committed to the promotion of high quality development in all parts of Lubbock County, Texas; and to an ongoing improvement in the quality of life for the citizens residing within the Affected Jurisdictions. The Affected Jurisdictions recognize that these objectives are generally served by enhancement and expansion of the local economy. The Affected Jurisdictions will, on a case by case basis, give consideration to providing tax abatement, as authorized by V.T.C.A., Tax Code, Chapter 312, as stimulation for economic development within the Affected Jurisdictions. It is the policy of the Affected Jurisdictions that said consideration will be provided in accordance with the guidelines and criteria herein set forth and in conformity with the Tax Code. Nothing contained herein shall imply, suggest or be understood to mean THAT the Affected Jurisdictions are under any obligation to provide tax abatement to any applicant and attention is called to V.T.C.A., Tax Code, Section 312.002(d). With the above rights reserved all applications for tax abatement will be considered on a case by case basis. SECTION II. Definitions: As used within these guidelines and criteria, the following words or phrases shall have the following meaning: 1. Abatement of Taxes: To exempt from ad valorem taxation all or part of the value of certain Improvements placed on land located in a reinvestment zone designated for economic development purposes as of the date specified in the Tax Abatement Agreement for a period of time not to exceed ten (10) years. 2. Affected Jurisdiction: The County of Lubbock and City of Lubbock. 3. Abatement Agreement: (1) A contract between a property owner and an Affected Jurisdiction for the abatement of taxes on qualified property located within the reinvestment zone; or, (2) a contract for the abatement of taxes between an Affected Jurisdiction and a certified air carrier who owns or leases Real Property located within the reinvestment zone or Personal Property or both as authorized by V.T.C.A., Tax Code, Section 312.204(e) 4. Base Year Value: The assessed value of property eligible for tax abatement as of January 1 preceding the execution of an Abatement Agreement as herein defined. 5. Distribution Center Facility. A building or structure including Tangible Personal Property used or to be used primarily to receive, store, service or distribute goods or materials. 6. Expansion of Existing Facilities or Structures: The addition of buildings, structures, machinery or equipment to a Facility. 7. Existing Facility or Structure: A facility as of the date of execution of the Tax Abatement Agreement, located in or on Real Property eligible for tax abatement. 2003 Industrial Guidelines Amended December 16, 2004 Exhibit "B" Industrial Tax Abatement Guidelines Amended December 16, 2004 Page 2 8. Facility: The improvements made to Real Property eligible for tax abatement and including the building or structure erected on such Real Property and/or any Tangible Personal Property to be located in or on such property. 9. Improvements to Real Property or Improvements: Shall mean the construction, addition to, structural upgrading of, replacement of, or completion of any facility located upon, or to be located upon, Real Property, as herein defined, or any Tangible Personal Property placed in or on said Real Property. 10. Manufacturing Facility: A Facility which is or will be used for the primary purpose of the production of goods or materials or the processing or change of goods or materials to a finished product. 11. Modernization/Renovation of Existing Facilities: The replacement or upgrading of existing facilities. 12. New Facility: The construction of a Facility on previously undeveloped real property eligible for tax abatement. 13. New Permanent Job: A new employment position created by a business that has provided employment to an employee of at least 1,820 hours annually and intended to be an employment position that exists during the life of the abatement. 14. Other Basic Industry: A Facility other than a distribution center facility, a research facility, a regional service facility or a manufacturing facility which produces goods or services or which creates new or expanded job opportunities and services a market of which 50% of revenues come from outside of Lubbock County, Texas. 15. Owner: The record title owner of Real Property or the legal owner of Tangible Personal Property. In the case of land leased from an Affected Jurisdiction or buildings leased from a private party or tax exempt property, the lessee shall be deemed the owner of such leased property together with all improvements and Tangible Personal Property located thereon. 16. Productive Life: The number of years a Facility is expected to be in service. 17. Real Property: Land on which Improvements are to be made or fixtures placed. 18. Regional Services Facility: A Facility, the primary purpose of which is to service or repair goods or materials and which creates job opportunities within the Affected Jurisdictions. 19. Reinvestment Zone: Real Property designated as a Reinvestment Zone under the provisions of V.T.C.A., Tax Code, Section 312.202. 20. Research Facility: A Facility used or to be used primarily for research or experimentation to improve or develop new goods and/or services or to improve or develop the production process for such goods and/or services. 21. Tangible Personal Property: Any Personal Property, not otherwise defined herein and which is necessary for the proper operation of any type of Facility. Industrial Tax Abatement Guidelines Amended December 16, 2004 Page 3 SECTION III. Intent of Criteria and Guidelines: The Intent of the criteria and guidelines, as herein set forth, is to establish the minimum standards which an applicant for tax abatement must meet in order to be considered for such status by the Affected Jurisdictions. SECTION IV. Criteria and Guidelines for Tax Abatement: Any type of Facility will be eligible for tax abatement consideration provided such Facility meets the following guidelines and criteria: 1. To qualify for Tax Abatement, the company must meet both of the following criteria: a) The modernization or expansion of an existing facility of any type as herein defined or construction of a new facility of any type as herein defined. b) Producer, manufacturer or distributor of goods and services of which 50 percent or more are distributed outside of Lubbock County. 2. In addition to the aforementioned, the taxing jurisdiction will consider abatement only if the company meets one of the following criteria: a) One of the following target industries: i) Electronics/Electrical/Assembly: Manufacturing: Semiconductor Fabrication, ii) Value-added Agricultural Production including Food Processing and Machinery iii) Med Tech Research/Manufacturing/Assembly iv) Aviation/Avionics Production/Rehab v) Warehouse/Distribution vi) Corporate Headquarters of a Regional/National Service Center b) The project is not included as a target industry, but has the potential of generating additional significant economic development opportunities to Lubbock 3. The company must meet one of the following criteria: a) The project will add at least $1 million in real estate assessed valuation, or $2 million of personal property assessed valuation, or 25 new permanent jobs if the facility is a new company to Lubbock. b) The project will add at least $500,000 in real estate assessed valuation, or $1 million in personal property assessed valuation, or 20 new permanent jobs if the facility is a modernization or expansion of an existing company that has operated in Lubbock for five or more years. Industrial Tax Abatement Guidelines Amended December 16, 2004 Page 4 4. New or existing facilities,of any type herein defined, located in a reinvestment zone or upon Real Property eligible for such status will be eligible for consideration for tax abatement status provided that all other criteria and guidelines are satisfied 5. Improvements to Real Property are eligible for tax abatement status. 6. The following types of Property shall be ineligible for tax abatement status and shall be fully taxed. a) Real Property; b) inventories or supplies; c) tools; d) furnishings and other forms of movable personal property; e) vehicles; f) aircraft; g) housing; h) boats; i) hotel accommodations; j) motel accommodations; k) retail businesses; 1) property owned by the State of Texas or any State agency; and, m) property owned or leased by a member of the affected Jurisdiction that did not have an active tax abatement in place before they became a member of the governing body or commission. 7. In order for a Facility to qualify for abatement, the following conditions must apply: a) The owner or leaseholder of real property must make eligible improvements to the real property; and, b) In the case of lessees, the leaseholder must have a lease commitment of at least five (5) years. c) Facilities located within the certificated territory of the City's municipally owned electric utility, Lubbock Power and Light (LP&L) must utilize LP&L for electrical services during the term of the abatement, so long as LP&L's rates are competitive on a state-wide basis. B. In reinvestment zones, the amount and term of abatement shall be determined on a case by case basis, however, in no event shall taxes be abated for a term in excess of ten (10) years. The amount of the taxable value of Improvements to be abated and the term of the abatement shall be determined by the municipality in all cases where Industrial Tax Abatement Guidelines Amended December 16, 2004 Page 5 the property for which tax abatement is applied for is within the City limits of the City or by the County of Lubbock in all cases where the property for which tax abatement is applied for is outside of the City limits of a municipality, but within the County of Lubbock, except that a reinvestment zone that is a state enterprise zone is designated for the same period as a state enterprise zone as provided by Chapter 2303, Government Code. The authority of all other taxing units shall be as set forth in V.T.C.A., Tax Code, Section 312.206, In enterprise zones, the governing body of each taxing jurisdiction may execute a written agreement with the owner of the property. The agreement may, but is not required to, contain terms that are identical to those contained in the agreement with the municipality, county, or both, whichever applies, and the only terms for the agreement that may vary are the portion of the property that is to be exempt from taxation under the agreement and the duration of the agreement. 9. No property shall be eligible for tax abatement unless such property is located in a reinvestment zone in accordance with V.T.C.A., Tax Code, Section 312.202 and the tax abatement application is filed with the taxing jurisdiction before construction begins. 10. Notwithstanding any of the requirements set forth in Section IV Subsection 3, the governing body of an Affected Jurisdiction upon the affirmative vote of a three -fourths (314) of its members may vary any of the above requirements when variation is demonstrated by the applicant for Tax Abatement that variation is in the best interest of the Affected Jurisdiction to do so and will enhance the economic development of the Affected Jurisdiction. By way of example only and not by limitation the governing body of an Affected Jurisdiction may consider the following or similar terms in determining whether a variance shall be granted: a) That the increase in productivity of the Facility will be substantial and hence directly benefit the economy. b) That the increase of goods or services produced by the Facility will be substantial and directly benefit the economy. c) That the employment maintained at the Facility will be increased. d) That the waiver of the requirement will contribute and provide for the retention of existing jobs within the Affected Jurisdiction. e) That the applicant for tax abatement has demonstrated that if tax abatement is granted to his Facility even though his Facility will not employ additional personnel THAT nevertheless due to the existence of said Facility new jobs will be created as a direct result of his Facility in other facilities located within the Affected Jurisdiction. f) Any other evidence tending to show a direct economic benefit to the Affected Jurisdiction. 11. Taxability: a) The portion of the value of Improvements to be abated shall be abated in accordance with the terms and provisions of a Tax Abatement Agreement executed between the Affected Jurisdiction and the owner of the Real Property Industrial Tax Abatement Guidelines Amended December 16, 2004 Page 6 and/or Tangible Personal Property, (which agreement shall be) in accord with the provisions of V.T.C.A., Tax Code, Section 312.205. b) All ineligible property, if otherwise taxable as herein described, shall be fully taxed. 12. The governing body of each Affected Jurisdiction shall have total discretion as to whether tax abatement is to be granted. Such discretion, as herein retained, shall be exercised on a case by case basis. The adoption of these guidelines and criteria by the governing body of an Affected Jurisdiction does not: a) Limit the discretion of the governing body to decide whether to enter into a specific tax abatement agreement; b) Limit the discretion of the governing body to delegate to its employees the authority to determine whether or not the governing body should consider a particular application or request for tax abatement; or, c) Create any property, contract, or other legal right in any person to have the governing body consider or grant a specific application or request for tax abatement. 13. The burden to demonstrate that an application for tax abatement should be granted shall be upon the applicant. Each Affected Jurisdiction to which the application has been directed shall have full authority to request any additional information from the applicant that the governing body of such Affected Jurisdiction deems necessary to assist it in considering such application. SECTION V. Criteria and Guidelines for Creation of Reinvestment Zone: 1. No Property shall be eligible for tax abatement unless such property is located in a reinvestment zone designated as such in accordance with V.T.C.A., Tax Code, Section 312.202. To be designated as a reinvestment zone an area must meet one of the following: a) Substantially arrest or impair the sound growth of the municipality or county creating the zone, retard the provision of housing accommodations, or constitute an economic or social liability and be a menace to the public health, safety, morals, or welfare in its present condition and use because of the presence of: 1. a substantial number of substandard, slum, deteriorated, or deteriorating structures; 2. the predominance of defective or inadequate sidewalks or streets; 3. faulty size, adequacy, accessibility or usefulness of lots; 4. unsanitary or unsafe conditions; 5. the deterioration of site or other improvements; 6. tax or special assessment delinquency exceeding the fair value of the land; 7. defective or unusual conditions of title; Industrial Tax Abatement Guidelines Amended December 16, 2004 Page 7 8_ conditions that endanger life or property by fire or other cause; or, 9. any combination of these factors; a) Be predominantly open and, because of obsolete platting, deterioration of structures or site improvements, or other factors, substantially impair or arrest the sound growth of the municipality; b) Be in a federally assisted new community located in a home rule municipality or in an area immediately adjacent to a federally assisted new community located in a home rule municipality; c) Be located entirely in an area that meets the requirements for federal assistance under Section 119 of the Housing and Community Development Act of 1974 (42 U.S.C. Section 5318); d) Encompass signs, billboards, or other outdoor advertising structures designated by the governing body of the municipality for relocation, reconstruction, or removal for the purpose of enhancing the physical environment of the municipality, which the legislature declares to be a public purpose; or, e) Be reasonably likely as a result of the designation to contribute to the retention or expansion of primary employment or to attract major investment in the zone that would be a benefit to the property and that would contribute to the economic development of the municipality. 2. For purposes of this Section, federally assisted new community is a federally assisted area: a) That has received or will receive assistance in the form of loan guarantees under Title X of the National Housing Act (12 U.S.C., Section 1749aa et seq); and, b) A portion of which has received grants under Section 107 (a)(1) of the Housing and Community Development Act of 1974, as amended. 3. The governing body of a municipality, as required by Section 312.201, or a county, as required by V.T.C.A., Tax Code, Section 312.401, shall hold a public hearing on the designation of an area within its jurisdiction as a reinvestment zone. The burden shall be on the owner of the property sought to be included in the zone or applicant for the creation of the reinvestment zone to establish the following: a) That the requirements of Subsection 1 of this Section have been met. b) That the improvements sought are feasible and practical. 4. No later than the seventh day before the date set for the above public hearing notice of such hearing shall be: a) Published in a newspaper having general circulation in the Affected Jurisdiction. b) Delivered in writing to the presiding officer of the governing body of each taxing unit that includes in its boundaries Real Property that is to be included in the reinvestment zone. Industrial Tax Abatement Guidelines Amended December 16, 2004 Page 8 5. At the public hearing above described in Subsection 3 above, any interested person is entitled to speak and present evidence for or against the designation of such reinvestment zone. 6. At the conclusion of the hearing described in Subparagraph 3 above, the governing body shall enter its findings as follows: a) That the applicant or owner has or has not met his burden as hereinabove set forth, and/or, b) That the improvements sought are or are not feasible and practical. c) That the proposed improvements sought will or will not be a benefit to the land to be included in the reinvestment zone and to the Affected Jurisdiction after the expiration of an agreement entered into under V.T.C.A., Tax Code, Section 312.204. 7. An application for the creation of a reinvestment zone shall not be granted unless the Affected Jurisdiction considering such application enters affirmative findings to Subparagraphs a, b, and c of Subsection 6 above set forth. 8. At the conclusion of the public hearing herein required and upon the affirmative finding of the governing body as required by Subsection 7 above set forth, the governing body may designate a reinvestment zone in accordance with the provisions of V.T.C.A., Tax Code, Sections 312.201 or 312.401, whichever Section shall be applicable under the premises. 9. The designation of a reinvestment zone expires five years after the date of the designation and may be renewed for periods not to exceed five years, except that a reinvestment zone that is a state enterprise zone is designated for the same period as a state enterprise zone as provided by Chapter 2303, Government Code. The expiration of the designation does not affect an existing tax abatement agreement made in accordance with V.T.C.A., Tax Code, Section 312.201 through Section 312,209. 10. Designation of an area as an enterprise zone under the Texas Enterprise Zone Act, Chapter 2303, Subchapter C, Texas Government Code, constitutes designation of the area as a reinvestment zone under Subchapter B of the Property Redevelopment and Tax Abatement Act without further hearing or other procedural requirements other than those provided by the Texas Enterprise Zone Act, Chapter 2303, Subchapter C, Texas Government Code. SECTION VI. Tax Abatement Agreement: 1. After the creation of a reinvestment zone as hereinabove authorized a Tax Abatement Agreement may be executed between the owner and any Affected Jurisdiction. A Tax Abatement Agreement shall: a) Establish and set forth the Base Year assessed value of the property for which tax abatement is sought. b) Provide that the taxes paid on the base year assessed value shall not be abated as a result of the execution of said Tax Abatement Agreement. Industrial Tax Abatement Guidelines Amended December 16, 2004 Page 9 c) Provide that ineligible property as subscribed in Section IV, Subsection 6, hereinabove shall be fully taxed. d) Provide for the exemption of Improvements in each year covered by the agreement only to the extent the value of such Improvements for each such year exceeds the value for the year in which the agreement is executed. e) Fully describe and list the kind, number and location of all of the improvements to be made in or on the Real Property. f) Set forth the estimated value of all improvements to be made in or on the Real Property. g) Clearly provide that tax abatement shall be granted only to the extent: 1. The Improvements to Real Property increase the value of the Real Property for the year in which the Tax Abatement Agreement is executed; and, 2. That the Tangible Personal Property improvements to Real Property were not located on the Real Property prior to the execution of the Tax Abatement Agreement. h) Provide for the portion of the value of the improvements to Real Property of improvements to be abated. This determination is to be made consistent with the provisions of Section IV, Subsection 6, of these guidelines and criteria as hereinabove set forth. i) Provide for the commencement date and the termination date. In no event shall said dates exceed a period of ten years. j) Describe the type and proposed use of the improvements to Real Property or improvements including: 1. The type of facility. 2. Whether the improvements are for a new facility, modernization of a facility, or expansion of a facility. 3. The nature of the construction, proposed time table of completion, a map or drawings of the improvements above mentioned. 4. The amount of investment and the commitment for the creation of new jobs. 5. A list containing the kind, number and location of all proposed Improvements. 6. Any other information required by the Affected Jurisdiction. k) Provide a legal description of the Real Property upon which improvements are to be made. 1) Provide access to and authorize inspection of the Real Property or improvements by employees of the Affected Jurisdiction, who have executed a Tax Abatement Agreement with owner to insure improvements are made according to the specifications and conditions of the Tax Abatement Agreement. Industrial Tax Abatement Guidelines Amended December 16, 2004 Page 10 m) Provide for the limitation of the uses of the Real Property or improvements consistent with the general purpose of encouraging development or redevelopment of the zone during the period covered by the Tax Abatement Agreement. n) Provide the contractual obligations in the event of default by owner, violation of the terms or conditions by owner, recapturing property tax revenue in the event owner defaults or otherwise fails to make improvements as provided in said Tax Abatement Agreement, and any other provision as may be required or authorized by State Law. o) Contain each term agreed to by the owner of the property. p) Require the owner of the property to certify annually to the governing body of each taxing unit that the owner is in compliance with each applicable term of the agreement. q) Provide that the governing body of the municipality may cancel or modify the agreement if the property owner fails to comply with the agreement. 2. Not later than the seventh day before a municipality or the County of Lubbock(as required by V.T.C.A., Tax Code, Section 312.2041 or Section 312.402) enters into an agreement for tax abatement under V.T.C.A., Tax Code, Section 312.204, the governing body of a municipality or a designated officer or employee thereof or the governing body of the county of Lubbock or a designated officer or employee thereof shall deliver to the presiding officer of the governing body of each of the taxing units in which the property to be subject to the agreement is located, a written notice that the municipality or the County of Lubbock as the case may be, intends to enter into the agreement. The notice must include a copy of the proposed Tax Abatement Agreement. 3. A notice, as above described in Subparagraph 2, is presumed delivered when placed in the mail, postage paid and properly addressed to the appropriate presiding officer. A notice properly addressed and sent by registered or certified mail for which a return receipt is received by the sender is considered to have been delivered to the addressee. 4. Failure to deliver the notice does not affect the validity of the agreement. SECTION VII. Application: Any present owner of taxable property located within an Affected Jurisdiction may apply for tax abatement by filing an application with the county of Lubbock, when the Real Property or Tangible Personal Property for which abatement is sought is located within the County of Lubbock but outside of the City limits of any City or with the appropriate City when the Real Property or Tangible Personal Property for which abatement is sought is located within the City limits of a municipality located wholly or partially within Lubbock County. 2. The application shall consist of a completed application form accompanied by: a) A general description of the improvements to be undertaken. Industrial Tax Abatement Guidelines Amended December 16, 2004 Page 11 b) A descriptive list of the improvements for which tax abatement is requested. c) A list of the kind, number and location of all proposed improvements of the Real Property Facility or Existing Facility. d) A map indicating the approximate location of improvements on the Real Property Facility or Existing Facility together with the location of any or all Existing Facilities located on the Real Property or Facility. e) A list of any and all Tangible Personal Property presently existing on the Real Property or located in an existing facility. f) A proposed time schedule for undertaking and completing the proposed improvements. g) A general description stating whether the proposed improvements are in connection with: 1. the modernization of a facility (of any type herein defined); or, 2. construction of a new facility (of any type herein defined); or, 3. expansion of a facility (of any type herein defined); or, 4_ any combination of the above. h) A statement of the additional value to the Real Property or Facility as a result of the proposed improvements. i) A statement of the assessed value of the Real Property, Facility or Existing Facility for the Base Year. j) Information concerning the number of new jobs that will be created or information concerning the number of existing jobs to be retained as result of the improvements undertaken. k) Any other information which the Affected Jurisdiction, to which the application has been directed, deems appropriate for evaluating the financial capacity of the applicant and compatibility of the proposed improvements with these guidelines and criteria. 1) Information that is provided to an Affected Jurisdiction in connection with an application or request for tax abatement and which describes the specific processes or business activity to be conducted or the equipment or other property to be located on the property for which tax abatement is sought is confidential and not subject to public disclosure until the Tax Abatement Agreement is executed. Information in the custody of an Affected Jurisdiction after the agreement is executed is not confidential. (V.T.C.A., Tax Code, Section 312.003). m) The Affected Jurisdiction to whom the application for tax abatement has been directed shall determine if the property described in said application is within a designated reinvestment zone. If the Affected Jurisdiction determines that the property described is not within a current reinvestment zone then they shall so notify the applicant and said application shall then be considered both as an Industrial Tax Abatement Guidelines Amended December 16, 2004 Page 12 application for the creation of a reinvestment zone and a request for tax abatement to be effective after the zone is created. SECTION Vlll. Default Options In the event that the applicant, owner or lessee has entered into a tax abatement agreement to make improvements as defined in Section IV.2 above, but fails to undertake or complete such improvements; fails to create all or a portion of the new yobs provided by the Tax Abatement Agreement; or is in default of any of the terms or conditions contained in the Tax Abatement Agreement; then in such event the Affected Jurisdiction to whom the application for tax abatements was directed shall give the applicant or owner sixty (60) days notice of such failure. The applicant or owner shall demonstrate to the satisfaction of the Affected Jurisdiction above mentioned that the applicant or owner has commenced to cure such failure within the sixty (60) days above mentioned. In the event the applicant owner, or lessee fails to demonstrate that he is taking affirmative action to cure his failure, the Affected Jurisdiction shall have three options. (a) The Affected Jurisdiction may renegotiate the Agreement with the applicant; owner or lessee, in which case the current Guidelines and Criteria Governing Tax Abatement for Commercial Projects in Designated Enterprise Zones shall apply to the new Agreement; or (b) The Affected Jurisdiction may determine that good cause exists to cancel the Agreement and all abatement of taxes shall terminate immediately; or (c) The Affected Jurisdiction may terminate the Agreement and recapture taxes abated under Section VIII, Recapture. In any of the three options in subparagraph 1 above, the Affected Jurisdiction to which the application for tax abatement was directed shall determine whether default has occurred by the applicant, owner or lessee in the terms and conditions of the Tax Abatement Agreement and shall so notify all other Affected Jurisdictions. Cancellation or termination of the Tax Abatement Agreement by the Affected Jurisdiction to which the application for tax abatement was directed shall constitute simultaneous action to all Tax Abatement Agreements of all other Affected Jurisdictions. SECTION IX. Recapture In the event that any type of facility, (as defined in Section II, Subparagraphs 5, 6, 7, 81 10, 11, 12, 14, 18, 20) is completed and begins producing goods or services, but subsequently discontinues producing goods or services for any reason, excepting fire, explosion or other casualty or accident or natural disaster or other event beyond the reasonable control of applicant or owner for a period of 180 days during the term of a tax abatement agreement, then in such even the Tax Abatement Agreement shall terminate and all abatement of taxes shall likewise terminate. Taxes abated during the calendar year in which termination takes place shall be payable to each Affected Jurisdiction by no later than January 31 st of the following year. Taxes abated in years prior to the year of termination shall be payable to each Affected Jurisdiction within sixty (60) days of the date of termination. The burden shall be upon the applicant or owner to prove to the satisfaction of the Affected Jurisdiction to who the application for tax abatement was directed that the discontinuance of producing goods or services was as a result of fire, explosion, or other casualty or accident of natural Industrial Tax Abatement Guidelines Amended December 16, 2004 Page 13 disaster or other event beyond the control of applicant or owner. In the event that applicant or owner meets this burden and the Affected Jurisdiction is satisfied that the discontinuance of the production of goods or services was the result of vents beyond the control of the applicant or owner, then such applicant or owner shall have a period of one year in which to resume the production of goods and services. In the event that the applicant or owner fails to resume the production of goods or services within one year, then the Tax Abatement Agreement shall terminate and the Abatement of all taxes shall likewise terminate. Taxes abated during the calendar year in which termination takes place shall be payable to each Affected Jurisdiction by no later than January 31st of the following year. Taxes abated in years prior to the year of termination shall be payable to each Affected Jurisdiction within sixty (60) days of the date of termination. The one year time period, hereinabove mentioned, shall commence upon written notification from the Affected Jurisdiction to the applicant or owner. In the event that the applicant or owner has entered into a tax abatement agreement to make improvements to a facility of any type described in Section 1 above, but fails to undertake or complete such improvements or fails to create all or a portion of the number of new jobs provided by the Tax Abatement Agreement, then in such event the Affected Jurisdiction to whom the application for tax abatement was directed shall give the applicant or owner sixty (60) days notice of such failure. The applicant or owner shall demonstrate to the satisfaction of the Affected Jurisdiction, above mentioned, that the applicant or owner has commenced to cure such failure within the sixty (60) days above mentioned. In the event that the applicant or owner fails to demonstrate that he is taking affirmative action to cure his failure, then in such event the Tax Abatement Agreement shall terminate and all abatement of taxes shall likewise terminate. Taxes abated during the calendar year in which termination takes place shall be payable to each Affected Jurisdiction by no later than January 31st of the following year. Taxes abated in years prior to the year of termination shall be payable to each Affected Jurisdiction within sixty (60) days of the date of termination. 3. In the event that the Affected Jurisdiction to whom application for tax abatement was directed determines that the applicant or owner is in default of any of the terms or conditions contained in the Tax Abatement Agreement, then in such even the Affected Jurisdiction, shall give the applicant or owner sixty (60) days written notice to cure such default. In the event such default is not cured to the satisfaction of the Affected Jurisdiction within the sixty (60) days notice period, then the Tax Abatement Agreement shall terminate and all abatement of taxes shall likewise terminate. Taxes abated during the calendar year in which termination takes place shall be payable to each Affected Jurisdiction by no later than January 31st of the following year. Taxes abated in years prior to the year of termination shall be payable to each Affected Jurisdiction within sixty (60) days of the date of termination. 4. In the event that the applicant or owner allows ad valorem taxes on property ineligible for tax abatement owed to any Affected Jurisdiction, to become delinquent and fails to timely and properly follow the legal procedures for their protest or contest, then in such even the Tax Abatement Agreement shall terminate and all abatement of taxes shall likewise terminate, Taxes abated during the calendar year in which termination, under this subparagraph, takes place shall be payable to each Affected Jurisdiction by no later than January 31st of the following year. Taxes abated in years prior to the year of termination shall be payable to each Affected Jurisdiction within sixty (60) days of the date of termination. 5. In the even that the applicant or owner, who has executed a tax abatement agreement with any Affected Jurisdiction, relocates the business for which tax Industrial Tax Abatement Guidelines Amended December 16, 2004 Page 14 abatement has been granted, to a location outside of the designated reinvestment zone, then in such event; the Tax Abatement Agreement shall terminate after sixty (60) days written notice by the Affected Jurisdiction to the Owner/Applicant. Taxes abated during the calendar year in which termination, under this subparagraph takes place shall be payable to each Affected Jurisdiction by no later than January 31st of the following year. Taxes abated in years prior to the year of termination shall be payable to each Affected Jurisdiction within sixty (60) days of the date of termination. 6. The date of termination as that term is used in this Subsection Vlll shall, in every instance, be the 60th day after the day the Affected Jurisdiction sends notice of default, in the mail to the address shown in the Tax Abatement Agreement to the Applicant or Owner. Should the default be cured by the owner or Applicant within the sixty (60) day notice period, the Owner/Applicant shall be responsible for so advising the Affected Jurisdiction and obtaining a release from the notice of default from the Affected Jurisdiction, failing in which, the abatement remains terminated and the abated taxes must be paid. In every case of termination set forth in Subparagraphs 1, 2, 3, 4 and 5 above, the Affected Jurisdiction to which the application for tax abatement was directed shall determine whether default has occurred by Owner (Applicant) in the terms and conditions of the Tax Abatement Agreement and shall so notify all other Affected Jurisdictions. Termination of the Tax Abatement Agreement by the Affected Jurisdiction to which the application for tax abatement was directed shall constitute simultaneous termination of all Tax Abatement Agreements of all other Affected Jurisdictions. In the event that a tax abatement agreement is terminated for any reason what so ever and taxes are not paid within the time period herein specified, then in such event, the provisions of V.T.C.X, Tax Code, Section 33.01 will apply. SECTION X. Miscellaneous: 1. Any notice required to be given by these criteria or guidelines shall be given in the following manner: a) To the owner or applicants written notice shall be sent to the address appearing on the Tax Abatement Agreement. b) To an Affected Jurisdiction: written notice shall be sent to the address appearing on the Tax Abatement Agreement. 2. The Chief Appraiser of the Lubbock Central Appraisal District shall annually assess the Real and Personal Property comprising the reinvestment zone. Each year, the applicant or owner receiving tax abatement shall furnish the chief Appraiser with such information as may be necessary for the abatement. Once value has been established, the Chief Appraiser shall notify the Affected Jurisdictions which levy taxes of the amount of assessment. 3. Upon the completion of improvements made to any type of Facility as set forth in Section Vlll, Subparagraph 1 of these criteria and guidelines a designated employee or employees of any Affected Jurisdiction having executed a tax abatement agreement with applicant or owner shall have access to the Facility to insure compliance with the Tax Abatement Agreement. Industrial Tax Abatement Guidelines Amended December 16, 2004 Page 15 4. A tax abatement agreement may be assigned to a new owner but only after written consent has been obtained from all Affected Jurisdictions which have executed such an agreement with the applicant or owner. 5. These guidelines and criteria are effective upon the date of their adoption by an Affected Jurisdiction and shall remain in force for two years. At the end of the two year period these guidelines and criteria may be readopted, modified, amended or rewritten as the conditions may warrant. 6. Each Affected Jurisdiction shall determine whether or not said Affected Jurisdiction elects to become eligible to participate in tax abatement. In the even the Affected Jurisdiction elects by resolution to become eligible to participate in tax abatement, then such Affected Jurisdiction shall adopt these guidelines and criteria by separate resolution forwarding a copy of both resolutions to all other Affected Jurisdictions. 7. In the event of a conflict between these guidelines and criteria and V.T.C.A., Tax Code, Chapter 312, then in such event the Tax Code shall prevail and these guidelines and criteria interpreted accordingly. 8. The guidelines and criteria once adopted by an Affected Jurisdiction may be amended or repealed by a vote of three -fourths of the members of the governing body of an Affected Jurisdiction during the two year term in which these guidelines and criteria are effective. Exhibit "C" n ev , APPLICATION FOR INDUSTRIAL TAX ABATEMENT IN LUBBOCK COUNTY Ic Nobts. �esettt�s�l�er.��anv�ll �.e�gra�tsforh�rol��t`��'�ler�m�e�t�r��ca�nt��t. , ORIGINAL COPY OF THIS APPLICATION AND ATTACHMENTS SHOULD BE SUBMITTED TO: City of Lubbock Business Development Department P.O. Box 2000 1625 13t' Street Lubbock, TX 79457 (806) 775-2019 Date of Application: r�/! Applicant Name: _., � � e Atnj- LU Company Name: os d Lr C 1 �dr'�� - Applicants Representative on this project: Name: 4o,194 ) e Address: Phone: -74S JrY 11y ?�q Fax:` 1 �s- -71 ?/2 q V- Type of Ownership: 'D4 corporation [ ] Partnership [ ] Proprietorship Total Current Number Employees: 12 Corporate Annual Sales Per Year:. ��U J ,d dl D Annual Report Submitted? [ ] Yes J] No Exhibit '"C" Industrial Tax Abatement Application Page 2 FO-Bectionil - FaACIIUTY1NFOI1MAT:ION, Place a check mark in the box on those statements which are applicable to your company : (a) This application is for a: � I New Facility X Expansion t )- Modernization (b) Is the company a producer, manufacturer or distributor of goods and services of which 50 percent or more are distributed outside of Lubbock ?(If yes, provide documentation as Attachment 1) X Yes [ ] No (c) Check the following target industry which is applicable to your company Manufacturing Facility: Electronics/Electrical/Assembly, Semiconductor Fabrication Value-added Agricultural Production including Food Processing and Machinery [ ] Med Tech Research/Manufacturing/Assembly [ ] Aviation/Avionics Production/Rehab [ ] Warehouse/Distribution [ ] Corporate Headquarters of a Regional/National Service Center bd The project is not included in the above target industries, but has the potential of generating additional Significant economic development opportunities in Lubbock. (Provide documentation) (d) [ The existing facility to be modernized or expanded or the property where the new facility is to be built is located in a designated Enterprise Zone. (e) [ ] New Company to Lubbock P' Existing Company (f) If New Company checked, which of the following statements apply to the project: [ ] The project will add at least $1 million in real estate assessed valuation [ ] The project will add at least $2 million of personal property assessed valuation [ ] The project will add at least 25 new permanent jobs (g) If Existing Company checked, which of the following statements apply to the project: [ ] The project will add at least $500,000 in real estate assessed valuation The project will add at least $1 million of personal property assessed valuation ] The project will add at least 20 new permanent jobs (h) Address of proposed facility: (i) Legal description of proposed facility: �bzsL� lJ..w.rf�. Q) The proposed facility fj is located in: School District: G-u � ko't G City: �- ,[ ,ha}LaC __ Industrial Tax Abatement Application Page 3 (k) Please attach the following: Attachment 2 (a) A general description of the improvements to be undertaken (example: modernization of manufacturing facility located at 4501 Peach Street and purchase of new manufacturing equipment). (b) A descriptive list of -the improvements for which tax abatement is requested, including: (1) description of construction and location of all proposed improvements of the Real Property or Existing Facility, and-, (2) list of new equipment and cost of the equipment. (c) A list of any and all Tangible Personal Property presently existing on the Real Property or located in an existing facility. (d) A proposed time schedule for undertaking and completing the proposed improvements. Attachment 3 (a) A site map indicating the approximate location of improvements on the Real Property Facility or Existing Facility together with the location of any or all Existing Facilities located on the Real Property or Facility. Attachment 4 (a) A statement of the additional value to the Real Property or Facility as a result of the proposed improvements. (b) A statement of the assessed value of the Real Property, Facility or Existing Facility for the base year (attach tax assessment for property from the Lubbock Central Appraisal District). AbA Part A — Current Investment in Existing Improvements: ti rI Part B — Permanent Employment Estimates: (1) If existing facility, what is the current plant employment: (2) Estimated number of new jobs to be created and time frame for creation of jobs: New Jobs � d Time Frame /140N 1 Industrial Tax Abatement Application Page 4 (3) Opening of improvements: (Month) Q G7- of (Year) 20 d-5- Part C - Permanent Payroll Estimates: (1) If existing facility, what is the current plant payrol�" t, � (2) Estimated amount of new payroll Part D - Construction and Employment Estimates: (1) Construction start: Month s Year 2065 (2) Number of construction jobs: (3) Number of man-years: Part E - School District Impact Estimates: At Start �> Peak _ Finish Give Estimated number of: Families transferred to area Children added to ISD,s Part F - City Impact Estimates: (1) Volume of treated water required from City 14 A gallons per day. (2) Volume of effluent to be treated by City tJ1A gallons per day. (3) Please provide a statement on planned water and sewer treatment methods, and disposal of effluent if the facility is to be located outside City systems. (4) Has permitting been started? U Yes Nk No Part G - Estimated Appraised Value on Site: LAND Value of Existing Facility Before New Construction (From Central Appraisal District) Value of New Improvements Estimated Total Value After Improvements NA PERSONAL IMPROVEMENTS PROPERTY 1, 7,Grr, 910 Cd (jL,U i ?v Industrial Tax Abatement Application Page 5 Part H — Variance: (a) Is a variance being sought under Section IV 9(d) of the "Guidelines"? [ ) Yes X No (b) If "Yes", attach any supplementary information required. (a) Has applicant made application for abatement of this facility by other taxing jurisdictions or counties? [ ] Yes [ ( No (b) If "Yes", please provide: (1) Dates of Application: (2) Hearing Dates: (3) Name of Jurisdiction(s): (4) Name of Contact(s): (4) Attach any letters of intent to abate. t t To the best of my knowledge, the above information is an accurate description of project details. Company Officia S' ature Pl-aleL,e Printed Name of C pany Official &-S4� Title of Company Official coalrdentlal PLANT COMMODITIES ALES FARMS 2 JE DEWYDRATED MANUFACTURING I PIRMORKS EDs I CHRW MAS UGHTt WAREHOUSE EQUIPMENT 3AU6AGt HAUS �U&NIM FORMS ts, LTO )O WINERY E►di's (fir -PAP) CANDLES tS,OF LUBBOCK A'N PLAIN$ FAS. Rmbs, INC. iN JdSEPH, INC. ANSAG CITY OWN SELF VORA015 N4 PRUSSIA i1RAMP3 A BUCKS AROL STREAM DOYLE 3TIONS INDUSTRIES #tIkWOPKS SIDLE CO. .RVICE % INC. SALE ENVELOPE ARMA k & WATER TOO A FLOW CONTROL SAL PACKAGING ELECMPLATTNG RNIA UMBRELLA "'BRUSH ABRICATTON ENT GENETICS, INC. PRINTING iORPORATE GRAPHICS e /ar t% AM- M-3 ma& 254,390.42 280.205.92 322,3e841 27,365.92 38,143.04 37,92$.91 35, 415.11 81,130.05 14, g74, 27 19,574.45 18,07259 24 �1,51 - 91,8QD.08 as;em:09 11,278-51 14=53 10.80246 1b =71 3,669.92 12,0K36 8i2%49 9,06I'" 10.1":10 - 8,454.86 9j1,1®8.,45 1,410.73 21,701.80 1,48L73 5,3W= - 4.770.00 - 1,2X9:24 1,517.24 4,9P,04 1.1184.57 - 313060 1i4I:A0 451.51 3,485.21 147,1" - 1,vow 1;f'40 W.00 $723.80 323.1jd 2,858.16 795.85 01G.70 1,010.00, 1,246.14 095.00 41XM - 2;46�05 1,298.83 0 - 126.00 1 *so ou 777A0 7W.00 } 1 919.20 210.00 1,444-95 - - - 1,388 i6 - - 1,177.68 675.74 - w". 1,000.00 . 907.4.2 . - W.14 845.00 - - 8x3;40 .. W-09 105.00 1a0.00 265.00 - - 483.12 - - 41$,07 - 46'71'f?5 . "411.06 - 324.00 r 111.05 -153;05 - 280.70 2005 ANNUAL I4 -.' SALES V'V- AM ve- &441046K 0 mu- sue. cam,. 2m Page 1 TOTAL 687,064.75 1W,434.87 84,839.03 �,496,55 55,536.15 38,603,5q 31,373.01 28,816.57 25,601.30 24,590.06 5,300.00 4.770.00 4.730.32 4,50203 4,E181.80 4,014.57 3,250.20 3,1D7.e0 2,956.1 e ZT%25 2,590.14 2,45sw 2,142.23 2,098.06 2,057.90 $0D0.00 1,022.85 1,87EL36 1,635.22 1,444.84 1,444.35 1,388.76 1.177.08 1,15158 1,100.42 1,029.12 1,DODAO 1,000.00 907.42 957.14 648.00 523.40 601.89 550.00 483,12 482.52 475.57 437.B5 437.25 411.9E 324,00 264.W 2W.70 Confidentiol 2005 ANNUAL SALES Pape 2 am MY an go. AUG. $CPT, OCT-QM-TOTAL t7 2W.28 240-57 210-OD 231.34210.00 100-00 .00 M 2W 00 198.80 177.87 17200 las.96 158.98 168.24 IS0.00 136.50 114.55 1$0,00 101.00 114,85 yiCE 96.00 90.00 90.00 93.76 AMING 7S.B4 78.02 76mo 76.64 7k50 - 76.00 74:00 74.50 eydp 74.00 BMW 8180 40M 00-50 46.00 49.00 42.50 4224 4200 41.20 —j 41.20 33.00 31.25 30.90 13-00 ROD PPLY b 8664c% AUWArto' Rw! Page 2 Hurley Packaging of Texas, Inc. P.O. Box 3667 Lubbock, Texas 79452 806.745.5"0 Fax8C6.745.7180 An Equal Opportunity Employer Attachment 2 A. modernization of building electrical & pluming and addition of manufacturing equipment B. 1. upgrade plumbing & electrical to existing building $100,000.00 2. Blow mold equipment $450,000.00 Bottling equipment $200,000.00 Box Printing equipment $500,000.00 C. See schedule D. 6 months Hurley Packaging of Texas, Inc. is a division of HulleyCompanies 12131104 Client 3698 2004 Federal Depreciation Schedule Hurley Packaging of Texas, Iric. 75-2576591 Cur Spacial 179/ Prior Salvage Date Date Cost/ Bus, 179 Depr. Bonus! Dec. Bal. /Basis Dept. Prfx Current -No- berm-_drAinn AMmimd Said Ram Pct _$gnus Atime S1aDent oepr_ _Raducin Rasi_r kpr _ Mplhtd jjf�_ Rafe Dept - 181 Electric{Flem) 10/04/03 3,985 3,985 1,396 S/L HY 10 .1OU 393 183 Ddessa Pvtnp 11/04/00 637 631 438 2D008 HY 7 .08M 57 185 Link + (Jumbo Press) I1122100 625 625 423 200DB FY 7 .08930 56 19D Press Printing Roller 4/06/01 Z833 Z933 1,5% 20DDB HY 7 ,1ZO 354 191 Walers 4108/01 z400 2,4DJ 1,351 2DODB HY 7 .12490 3DO 192 Stretch Wrap Machine 4174/Bl 6923 6,9Z3 3,895 20ODB UY 7 .12490 NS 193 Lubbock Etect(Jumbo Press 5/04/Dl 2,5m 2,500 1,03 200DE HY 7 _1749D 312 194 Press Guags (Texas Tool) 5/1 Vol SOS 805 453 2llta713 HY 7 .1249D 101 195 Prinlach 5/21/DI 4950 2,950 1,660 200D5 HY 7 .12490 358 197 92TrayFormer 4/19/01 3BW 36,860 4,623 2170D8 HY 7 .12490 4,579 199 Band Saw 7/16/01 4,000 AAD Z252 2000 HY 7 .124D 5D3 a Band Saw Dust System 7/19/01 4M 483 Z71 203DR HY 1 .12490 60 202 Strapper 7/25/01 Z.750 Z750 1,547 20ODB KY 7 .U490 343 2M Steel Dock 8/07101 6,859 6,859 1,715 S/L HY 10 .1 OWD 6% 204 WntrolBox-Bit Pass 9/Ol/D1 2,SOD 2500 1,406 2000E HY 7 ,124W 312 207 GlueMachins 11/01/01 601 601 338 2MDB MY 7 .12490 75 238 Factory Equip (UE) 11/19/01 1,054 1,054 74 20ODB HY 7 _12490 132 709 Baler 11/16/01 2,100 z100 1,131 =5 HY 7 .12491 262 219 Sip Press (Lub Dec) 1/031OZ Z500 4SW 0 200DB HY 7 0 212 51' Cuttei 2125102 4,700 4,700 O 200DB HY 7 0 2M Wving Equipment 4/10/02 150 15D 0 200D9 HY 7 O 215 Lubbock Elastric 4/29/02 2,000 2,000 0 200DB HY 7 0 225 Enterpack 14achinn 9/13/02 41289 4,289 0 23ODB HY 7 0 227 Recycling hlaahinn 2/05/03 12,543 12,5X 0 ZXD8 MQ 7 0 228 Air Com pressor 2/14/03 6.950 6 950 0 2030B No 7 0 229 Strapper 2/06/03 18,955 18,965 0 20ODB MQ 7 0 233 Pneurnatic Hand Tool 4/15/03 107 1,607 0 20ODB MQ 7 0 1221104 Client 3698 2004 Federal Depreciation Schedule Hurley Packaging of Texas, Inc. Prror Clu �I IN/ Pray Salvage we DAN Cost/ Bus. 179 �Pr Banus/ Doc. Bal. /B= Depr. NiDt Ouc+eut _wa_ nay ai fta AMtrwM_Sqd_ Rash -kc1— RME, A(lpw�_ �Sp Dqx --Wo:-Bgd"- Basis finr k1lathn.4 J-b_ Rate _ i48 3 AU fond & 1 Air Oompm 8/18/99 455 455 354 2WDB W 7 .0892A 41 149 Gluw 8l2D/93 499 499 387 200D6 HY 7 .D892D 45 151 LDase Fill hlxtoine 8/20/99 tI'm 1L000 kW 200DE HY 7 .083D 991 15Z Vertical Sae 8/20/94 5,OM 5,OD3 3,897 2=8 HY 7 .06M 446 153 Haritoatal Saw V20/99 5,OD0 5,000 3,887 20MB HY 7 .030 446 154 Freight - A & K Foam Equi V20199 1,550 1,590 1,204 2WD8 W 7 .0392D 138 155 tabor - A & K Foam Equip 9/31193 4,230 4,23D 3,2M 200DB HY 7 .fIMD 377 IS Labor - Laminating Machin 8/31/93 $546 Z546 6,64 2004B HY 7 .03M 762 157 Install. A & K Equip 9/29/99 3,510 31510 Z727 ZDDDIi HY 7 .09920 313 159 Gluer 9/13/99 839 239 652 263D8 HY 7 .13M 75 160 Herr Infold Machine. 9/15/99 137 137 107 204D6 FtY 7 .[M 12 161 New Clutch for Flmoogluer 9/22M 871 871 676 2MDB HY 7 .0392D 78 163 A & K Instal[alion 10/31/99 685 685 533 MOD3 HY 7 .08M 61 164 Add1'I CDst Infold Machin IOAS /99 850 950 650 2=6 HY 7 ,0 20 76 165 Addt'I Out AwUluer 10/24te 11303 1,303 1,012 2DOOB HY 7 .[18920 116 165 Fact" Egeipmeat(Moo) 11/03/99 2J4 214 166 200DBHY 7 .D8920 19 167 AddtlInstallationABK 11/30/99 651 651 $05 20ODBHY 7 .0M 58 168 Boiler for Peanut Machine 11/24/99 3,248 3,249 Z523 2DMB HY 7 .08 M 29D 169 Fkaa Print Section 12/17/99 Z827 2,827 Z1SS 200DO W 7 .D39Z0 252 170 Addt't lnstcilaian A & It 12/21/9B Z394 UK IX 23ODB HY 7 .M92D 214 171 Foam Diecuttei 12/17/99 4,5D0 4,530 3,495 20ODB HY 7 .09M 401 i72 A & K Saw 1 /141M 40 443 3013 200D8 HY 7 .(1'893O 40 174 Equipmenl(Consolidaled) 2/03100 1,880 1,883 1,233- 2(MB HY 7 .08930 162 175 Equipment(ifoe1 Ellis) 2/10/01) 4627 8,677 �933 20ODD AY 7 .08930 770 176 E4uipmerWUnhed Lbat) 2/22/D'J 715 715 491 27DDB HY 7 ARM 64 179 Vicki Fleur Pr'mhr Slott 9/25/01 146,0D1 10E,I13D 15,350 S/L HY 10 .ID3M 1D,600 130 Lubbock Elcd(Jurnbo Press t0/02/OD 2,OD0 ZOM 701 S/L FIT 10 J MW 20D 12131104 Client 3698 2004 Federal Depreciation Schedule Nutley Packaging of Texas, Inc. 75-2576591 Prror wr Special 173/ Print Salvage Date Date Cost/ Bus, 179 Deer_ Bonus/ Oec. Bal. /Basis Dept. Prior mrrent j� FIrsamplian _ S3f Ratis Pr f._ _ pis _ dIcoz So nBpr- - mpf. adudlL Basis Depr Mefhd_ -Lb to flepr 99 Air Strapper 6/15/9B 123 123 109 2M.311 MQ 7 .06870 11 100 Mobil Air Fan 6/15198 414 414 364 2D3f13 MQ 7 .02970 37 101 Paller Jack 6/16/1 413 413 363 203DB MQ 1 _OWD 37 102 Mobil Air Fan 6/27J98 414 414 W 20ODB MO 7 0870 37 I M Factory Equip (Lubb Elec) 7117M 3,651 30 3,15 200D3 MO 7 A835D 23 108 Nissaa Forklift 1/22na 6,812 6,812 6043 200,78 MO 7 .M753 5% 113 Lubbock Machin® Twf 7122193 476 471i 407 MM9 MQ 7 .09850 42 115 Stink WIV Machine 11/21/98 9,142 9,142 7,645 2DODB MQ 7 .09730 799 121 Flea Folder Gluer 12/31/98 133,039 1310 69,1B3 S/L MG 1D .1007Ci 13,304 122 Labor - FIw FaIder GWe IV31 /98 i Z 570 12,570 6,442 S/L MO 10 .10000 1,257 12.3 Factory Storage Racks 6/15/98 13,= 13,030 11,413 20011E Mid 7 DUO 1,53 t25 Air O mpretsor 1/14/99 I,S03 1,50D 1,414 2UOD5 HY 5 .05760 86 126 Addt'I Ibst Flmn Gim 1/31/99 2,154 2154 969 S/L HV 10 .1OD90 215 127 Addt'I Cost Fled Glaet 2128/99 1,032 1,032 464 S/L HY 1D .10000 1D3 0 128 Press 2110199 i,1128 1,023 799 200D3 HY 7 08VO 92 129 Press Head 3/17/99 1,376 1,376 1,07D MB HY 7 .08920 123 130 tbnveyor 3/17/% 70D 700 541 2D0DB HY T .ONZ3 62 131 Stretch Wrap Machin, 4/D5/99 5,712 6,712 5,214 2000E HY 7 .OW S9g 132 Faclory Equip (Lub Mach) 4/05/9a 340 340 283 20QDB HY 7 .09920 30 135 Conveyor 510719E 1,516 1,516 1,177 21705 HY 7 .0M 135 137 Fimm Press Parts 51071% 586 5% 455 2=9 HY 7 .ON20 52 13B Press Attachments 5/U7/99 471 471 365 203DB fr'Y T .1020 42 139 Scrap Systern for Baler 5/13M 3,S03 3,sm 2,719 20ODS HY 7 .08920 312. 142 Now Machine (Lubbock Weld 6/30/94 107 11)7 83 2WO HY 7 .08920 10 143 Infold Machine 7/31/93 3,086 3,0f 2,398 2003B HY 7 .08323 275 146 Infold Mischine 8131/99 1,736 1,736 1,349 2ODDB HY 7 .09920 155 147 Shrink Wrap Machine 8112M 5,477 5,477 4,255 2D30B NY 7 .09920 489 1221104 Client 3698 2004 Federal Depreciation Schedule Hurley Packaging of Texas, Inc. 75.2576591 Prior Die Special 1791 Prior Salvage Date We ont/ Bus. 179 Dept. Bonus/ DM 911. /Balls Dept. Prir Curranl Ala_ nutfiintinn hAuired &Irl_ Ras is ,_per Ftnn%c Alrnm S? Dapr Apr-REdurtn _a7 ice_ Dept. 1dr:lhid _Lija Ralp. DW- 52 Slicher head 7/10/96 11745 1,145 1,312 S/L VY 10 _10DOG 175 53 Markiq system 9119/% 97 97 75 S/L HY 10 .1D000 10 54 Glue system 10/211% Z201 Z-901 1,657 S/L HY 10 .li10f13 221 55 Press orearhaul I0101196 2,591 Z591 1,943 S/L NY 10 .10000 2% 56 Forklift oue+heu1 11/14/95 1,295 1,295 975 S/L HY 10 .10000 130 57 Shop tables 12131 /96 345 A5 262 S1L HY 10 .1 D900 35 60 Press Update 1/03/97 Z002 Z002 1,375 S/L NQ 1D .14>a30 200 61 Giver System Update 1120197 983 983 674 S/L A1Q 10 .10000 98 64 Aircornpressu- 5/2DA7 1,575 1,575 1,046 S/L MQ 10 .10000 158 65 Forkli toaverhej, 6/05/97 4,250 4,250 Z816 8/L MO 10 .TDOD9 425 66 Clutch for press 6/17/97 Ir23D 1,213 815 S/L Ma 10 .10M 123 69 Now glut systam 1/09/97 9,162 9,162 5,240 S/L NQ 10 -I= Ills 70 Propane tarikAvAlift 7/21/97 213 230 23U MD9 1dQ 5 0 71 Sticher hmd 1/26/97 71 71 45 S/L NA 10 .10000 7 72 Tapt machine 8/31 /97 3,213 3,213 2,046 S/L MQ 10 .I17D00 321 73 Press motor 9/29/97 4,371 4,371 2,78i S/L MD 10 .IDDW 437 75 Pass Motor 10/07/97 1,210 1,210 1,117 2DOD6 MQ 7 .07640 93 76 Rebuild Forklill U!C & 11/19/97 1,335 1,335 1,235 200DB M0 1 .071i4D 10D 71 1998 Caterpillar Forklift 10/14/97 I9, G 19,536 1$042 20 aMQ 7 .07640 1,494 79 js38 Diaculier 11/11/97 39,76B 39,768 3%730 2D3DB MQ 7 .07640 3,038 87 30x40 Sealer w/Tuanei 1122198 3,0133 3,110D 1,763 S/L MQ 1D _10BOD 300 S3 Warehovse Shelves 1122198 700 7D3 631 MR MQ 7 .08751 61 94 Press Gov Box 4/17/98 1,772 1,772 1,555 200D8 MQ 7 .09970 157 95 2 Strappem 4/28/9B 1,871 1,871 1,643 200DB MQ 7 .0B870 166 96 Rebuild Vz* ForkliP 5/12/99 2349 Z349 Z061 27403 MQ 7 .08B70 20B 97 Paper Shearff 5112/99 1,590 1,5A1 1,317 Z)OD0 MQ 7 QR70 133 98 Rebuild Banding Machine 5113/93 493 493 434 203DB MQ 7 .08870 44 12[31104 Client 3698 2004 Federal Depreciation Schedule Hurley Packaging of Texas, Inc. 75-2576591 Prior Wr Sppeeccial 179/ Prior Salvarr Date Datu Oust/ Bur. 179 Depr. Bonus/. Dec. Bat. /Basis Depr. Prier Ourrer►t AL_ sill _ flasks Prl Mont kllew. Sp _ hair. I)cpr-_bducift Bxoic Dkor- 10bod JjLL RRIA_ Farm 1120, Schedule k Machinery and Equipment 13 (bmpress+or&fittings 4101/95 1,435 1,435 1,224 S/L HY 10 _IOOD3 144 14 Bosliteh stitcher 4101/93 14911 16,911 14,374 S/L W ID -1W 1,691 15 F&E2-ooio: press 4/01/9S 413,347 48,347 41,097 S/L MY 10 .1OD30 41835 16 Bandseru 4/01/55 3,197 3,187 2,711 S/L HY 10 .10000 319 17 Pctdevin cemeler/fabler 4/01/95 4,633 4,663 3,978 S/L HY 10 .ltlg00 468 19 Takeoff tables 4/01/95 2,300 2,3D0 1,955 S1L HY 10 .1= 230 19 2 Forklifts - 4/01/95 8,617 8,617 7r327 S/t. HY 10 .100Q1 we 2D Plaet wiring & setup 4/D1195 16,390 16r390 13,932 S/L HY 10 .1OD30 1,639 21 Plantlelephone 4/01/95 165 165 165 S/L HY 1 D 22 Baler-63" dow strokr 4/01/95 Z200 ZMD 1,970 S/L HY It .1D000 22D 23 LL%nr press altachmhdts 6/26195 6,470 6,470 5,500 S/L HY 10 .1M 64T 24 Slitlei /scare; SL-II I 6/3-DIM 23,482 23,02 19,958 S/L HY 10 .10DDD Z349 25 3M tape machine 8/08//955 75 75 68 S/L HY 10 .10006 7 26 Firealinyuisher 11/25/95 278 278 278 S/L KY 7 0 43 Palletiac% 1125196 75 75 80 S/L W 1D .10000 B 44 Forklift werhvI Y/Z8/96 5,350 5,350 4,013 S/L HY 10 .1D30D 535 45 Shop tables 2/02196 329 328 247 S/L HY 10 .1f17D3 33 46 Glue system 3/07/95 1,831 I'm 1,373 S/L HY 10 .IOODJ 193 47 Tape machine 3111195 7.25 7,525 5,647 S& HY 10 .10DW 753 48 Time clock 2/21 /96 216 216 165 S/L HY ID .1 ODM 22 49 Press motor 8/2v% 6r922 4922 5,19D S/L HY 10 .1OD20 692 50 Trailer 4/18/96 335 335 255 S/L HY 10 .1030J 34 51 Shop desk 5123/96 P16 216 165 S/L HY 10 .1BJD5 22 q"RLFVACING Tex _j A. See Map Hurley Packaging of Texas, Inc. P.O. Box 3667 Lubbock, Texas 79452 806.745.5"0 Fax806.745.7180 Attachment 3 An Equal Opportunity Employer Hurley Packaging of Texas, Inc. is a division of qunlgyCompanies No Text MapQuest: Maps Page I of I A Send To Printer Back to Map 2902 E Municipal Dr Lubbock TX 79403-2900 US Notes: . .............. . ..................... . . .............................. U.00A ....... ............ ......................... I E-UrstAineSt-1. gTubno t gt,. j? E 6y"na -40 8 CP 010 E, EmIlalme 81 0 2DO5 MMQuW,wm, Inc.; 0 2005 ODT. Irm, lm*VTEQI 11 rights reserved, 'Use Subject to Llcense/Copyrlght I Map Legend This map is informational only. No representation is made or warranty given as to its content. User assumes all risk of use. MapQuest and its suppliers assume no responsibility for any loss or delay resulting from such use. h4://www.nuipquest.com/mps/printadp?map&ta--sDDb%2f Bv9J8YO/62bUxCe7IO4wfW7%2bIc... 4/22/2005 AURLEY F OUNG U Texas Hurley Packaging of Texas, Inc. P.O. Box 3667 Lubbock, Texas 79452 806.746.5440 Fax806.745.7180 Attachment 4 An Equal Opportunity Employer A. A $100,000.00 electrical 8t plumbing upgrade to building B. See district schedule Hurley Packaging of Texas, Inc. is a division of Hurley Companies rage 1 ui 1 Lubbock Central Appraisal District Ownership is current as of 08/27/04 - W-AW�A Links Your search returned 3 matches • Home + General Information Property Id Owner Name • News P341143 SANTAS BEST • FAQ P82386 SANTA'S BEST Taxing Units R275555 SANTAS BEST • Taxpayer Info ® Forms • Credit Card Payments Searches + Owner Search + Address Search + QuickRef ID Search Property Search Results Show Situs Address 0 Legal Description OMITTED PROPERTY 2003 SARS GOODS STORED @ OLD TG&Y WHSE LUBBOCK INDUSTRIAL PK L 5 Value $1, 969, 95o4A http://www_lubbockcad.org/AppraiW/PublicAccess WopertySearchResWts.aspx 4/21/2005 R27555 Page 1 of 2 SANTAS BEST (00176740) LUBBOCK INDUSTRIAL PK L 5 1,969,950 770 W FRONTAGE RD STE 160 NORTHFIELD,IL 60093-1255 GLB, CLB, SLB, HSP, WHP 0 2902 E MUNICIPAL DR 2004 2003 2002 2001 LUBBOCK, TX Imp HS - - - - Imp NHS $1,761,960 $1,761,964 $1,572,100 $1,572,100 Land HS - - - - Date Volume Page Seller Name Land NHS $207,990 $207,990 $207,990 $207,990 12/26/1996 5355 123 PROVIDENT MUTUAL LIFE INS CO Ag Mkt - - - - 01/23/1996 6066 53 T G & Y STORES CO #7400 Ag Use - - - - Tim Mkt - - - Tim Use - - HS Cap - Assessed $1,969,950 $1,969,954 $1,780,090 $1,780,090 Construction Foundation Exterior I Interior Roof Flooring HeaVAC Baths Fireplace Year Built Rooms Bedrooms 1975 Type Description Area Year Built Eff Year Value C Commercial $1,588,620 MA MA - Main Area 292095 1975 1975 $2,278,341 CP1 CP1 - Paving Concrete 66300 1975 1975 $46,410 API AP1 - Paving Asphalt 62914 1975 1975 $11,326 OCI OCI - Other Comml Imp 1 $35,000 SPTB Description Area ilAarkat Ag Value F1 Commercial 519975E 103,995 F1 Commercial 519975F 103,995 R27555 SANTAS BEST (00176740) 770 W FRONTAGE RD STE 160 NORTHFIELD,IL 60093-1255 2902 E MUNICIPAL DR LUBBOCK, TX Date Volume 12/26/1996 5355 01/23/1996 5066 LUBBOCK INDUSTRIAL PK L 5 2604 Imp HS - Imp NHS $1,761,960 Land HS - Page Seller Name Land NHS $207,990 123 PROVIDENT MUTUAL LIFE INS CO Ag Mkt - 53 T G & Y STORES CO #7400 Ag Use - Tim Mkt - Tlm Use - HS Cap - Assessed $1,969,950 Construction Foundation Exterior Interior Roof Flooring Heat(AC Baths Fireplace Year Built Rooms Bedrooms 1975 Type Description Area Year Built Eff Year Value C Commercial $173,340 MA MA- Main Area 8505 1975 1975 $143,735 MA2 MA2 Main Area Usf 6804 1975 1975 $114,988 SPTB Description Area Market Ag Value F1 Commercial 519975F 103,995 F1 Commercial 519975F 103,995 21 84 Page 2 of 2 1,969,950 GLB, CLB, SLB, HSP, WHP 10 2003 2002 ,•','. 2001 $1,761,964 $1,572.100 $1.572,100 $207,990 $207,990 $207,990 $1,969,954 $1,780,090 $1,780,090 81 MA MA2 Page I of I Lubbock Central Appraisal District Y Ownership is current as of 08/27/04 _ Links Improvement Images( R27555) • Home Owner Information XRef ID Situs Address SANTAS BEST R533900-00000-00050-000 2902 E MUNICIPAL DR • General Information 770 W FRONTAGE RD STE 160 LUBBOCK, TX NORTHFIELD, IL 60093-1255 • News • FAQ There are 2 images associated with Improvements to this property. Click on the image to view it at full resolution. • Taxing Units • Taxpayer Info • Forms • Credit Card Payments Searches • Owner Search • Address Search • QuickRef ID Search Property Data • Detail Sheet • History • Sketch • Datasheet • Images • Bills http://www.lubbockcad.orglAppraisalIPublicAccessIProperryImages.aspx?PropertyID=821050&PropertyO... 5/4/2005 Issue Date: 5/4/2005 Statement Of Account This is a statement of taxes paid and due as of 51412005based upon the tax 1715 26th St. records of the Lubbock Central Appraisal District. PO Box 10568 Lubbock, TX 79408-3568 This document is not a tax certificate and does not absolve a taxpayer from tax Ph: 806-762-5000 x503 Fax: liability in any way. Should this document be found to be in error, it may be corrected by the collections office. Responsibility to pay taxes remains with the taxpayer as outlined in the Texas Property Tax Code. Property ID : R533900-00000-00050-000 Owner ID : 00176740 Quick -Ref ID : R27555 . Value Information SANTAS BEST 770 W FRONTAGE RD STE 160 Land HS $0.00 NORTHFIELD, 1L 60093-1255 Land NHS $207.990.0 Imp HS $0.00 Ownership: 100% LUBBOCK INDUSTRIAL PK Imp NHS : $1,761,960,0 L 5 Ag Mkt $0.00 Ag Use $0.00 HS Cap Adj $0.00 Assessed $1,969,950-0 MWAL Total due on all bills 5/31/2005 : $0.00 C 2003 Tyler Technologies, Inc. Page 1 of 1 Contract M 4 q Change Order #: Requisition #: ITB# I RI=P# I Ri=Q# (If Applicable): CONTRACT COVER SHEET See Step -by -Step Contracting Process on CLIC for Instructions (Type or Print all information with the exception of Signatures and Signature Dates) Forward the complete contract package to Contract Management, Municipal Building Suite 204, for review, approval and contract execution. The complete package includes one (1) copy of the completed Contract Cover Sheet (for internal City use only); minimum of three (3) originals of the contract or amendment; and minimum of three (3) originals of all other certifications and contract addenda. Attached Contract must be "Approved as to Content" by Director and "Approved as to Form" by Legal. The following signatures are required to process Contract Cover Sheet. IMPORTANT: Each person who signs the Contract Cover Sheet must carefully review the attached contract document before si tra t cover sheet. Asst City ManagerlC f: Date: Dir of Fiscal Policy Date: Risk Manager. Ins Cert Reqd: Date: Originating Dept and Individual Responsible for Ensuring Contract Terms and Contract Compliance Department: Business Development Name: Rob Allison Phone Number: 17752110 � I Title: Director of Business Development } Contractor/ Vendor Information ContractorNendor. The Murray Companies Address: PO Box 3667 City: Ltd State: TX I Zip:._... — Contact Name: Tan Hu try Contract Signatory: Torn Tits: Pre rlt Phone #: 806.745.5W Fax ft 8M.745.7180 E-mail: Contract Information BrW Description of Goods or Services or arrangements covered by the terms of the contract: � Tax Abatement Contrail Effbdive Date: 1101 Upon Execution by Authorized Signatories OR Other (Specify Date): End Clare: Nodoe To Proceed + �� (Specify # of Days) OR Other (Specify Date): Financial Information Cost Center, 14A Account* NA Amount: Not To Exceed: i Other: Will Contract No Generate If so, amount: $ Revenue: Project Number (if applicable): Will Contract Be Paid From Grant Funds: No Notes: Reviewed by Purchasing/Contract Manager. ConbactCoverSheet.doc Contract Form and Signatory Contract: General Agreement Signatory: Mayor Contract Checklist (Not applicable to Change Orders or AmenraFi wnts) 1. Is this individual or owner of this business an officer or employee of the City of Lubbock? No (Note: NYes, City policy may not allow us to write a contract for this individuaVvendor.] If unsure, deck with Legal, 2. Are all documents in order and submitted at least 5 business days prior to the start date for services for standard contracts or at least 20 business days prior to start date for services if using a non-standard contract? Yes [Note: If No, and not associated with a building repair, complete a "Justification for Untimely Contract Submittal' form.] 3. Does the contract, Licensing Agreement, insurance or other document requiring signature originate from the vendor? No [Note: If Yes, must be reviewed by Legal. Forward to Purchasing Department] 4. Does the contract involve work by the contractor on City owned property? No (Note: If Yes, contact Risk Management at (806) 775-2277.) 5. Does the contract involve the purchase of hardware, software, firmware or computer component acquisition? No [Note: If Yes, A Purchase Requisition from Information Technology is required. Contact IT at (806) 775-2374.) 6. Does the contract involve a purchase valued at $2,500 or more? No [Note: If Yes, A Purchase Requisition is required. For assistance, contact your Buyer in the Purchasing Department.) 7. Does the contract involve a purchase valued at $25,000 or more? No [Note: If Yes, Formal Competitive Sealed Bidding is required. For assistance, contact your Buyer in the Purchasing Department) 8. Does the contract involve Consulting Services valued at $25,000 or more? No [Note: If Yes, requires Request for Qualifications. Contact Purchasing Manager (806) 775-2165.) 9. Does the contract involve construction valued at $25,000 or more? No [Note: If Yes, Requires Payment Bond.] 10. Does the contract involve construction valued at $100,000 or more? No [Note: If Yes, contract requires Performance Bond] 11. Does the contract include language for Insurance Requirements? No (Note: If Yes, contact Risk Management at (806) 775-2277.) 12. If state funded, does the contract require language for Child Support certification? Not Applicable [Note: If Yes, attach Child Support Certification, form OCA-S-99-25 for state funded acquisition.] 13. If federal or state funded, does the contract include all clauses required by federal or state statutes and executive orders and their Implementing regulations? Not Applicable 14. If the purchaseltransaction involves the purchase, lease, acceptance as a gift, etc. of real estate, has an environmental site assessment (ESA) been performed on the property? Not Applicable [Note: If No, contact Environmental Compliance at x2880 or x2119.] Contract Award by City Council (enter applicable information) Coundl Date:Council Agenda Item #: 1- Resolution #: The complete package includes one (1) copy of the completed Contract Cover Sheet (for internal City use only); minimum of three (3) originals of the contract or amendment; and minimum of three (3) originals of all other certifications and contract addenda. Forward the complete contract package to Contract Management, Municipal Building Suite 204$or review, approval and contract execution. ConnuctCoverSheet.doc