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HomeMy WebLinkAboutResolution - 2001-R0482 - Tax Abatement Agreeement - Scott Laboratories, Inc. - 11/08/2001Resolution No. 2001-RO482 November 8, 2001 Item No. 35 RESOLUTION WHEREAS, the City Council has determined to give notice of its intent to enter into a Tax Abatement Agreement with Scott Laboratories, Inc.; and WHEREAS, V.T.C.A. Tax Code Section 312.2041 requires notice of intent of the City Council to be given to the presiding officer of the governing body of each taxing unit in which the property to be subject to the Tax Abatement Agreement is located; NOW BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City Secretary give notice as set forth in Exhibit "A" of the intention of the City Council to enter into a Tax Abatement Agreement with Scott Laboratories, Inc., said notice to be given to the presiding officers of each governing body of each taxing unit having jurisdiction in assessing taxes on property located at 2715 North Loop 289 in the City of Lubbock, Lubbock County, Texas and which is described by the Lubbock Central Appraisal District as Block A Section 17 AB 91 Tract B and B3 of the City of Lubbock, Lubbock County, Texas and further described by metes and bound as follows: BEGINNING at a 1/z" iron rod found for the Northeast corner of this tract in the South right of way line of Loop 289 at the Northwest corner of Tract "A", Youth Center Addition to the City of Lubbock, Lubbock County, Texas from whence the Northeast corner of said Section 17 is called to bear North a distance of 218.99 feet and East a distance of 1371.66 feet; THENCE S 00 15'23" W, along the West line of said Tract "A", a distance of 304.40 feet to a 3/4" iron pipe found at the Northeast corner of that 4.0 acre tract described in Volume 1870, Page 65 of said records for a corner of this tract; THENCE S 89°41'43" W, along the North line of said 4.0 acre tract, a distance of 375.70 feet to a 1/2" iron pipe found at the Northwest corner of said 4.0 acre tract for an ell corner of this tract; THENCE S 0003'49" E, along the West line of said 4.0 acre tract, a distance of 338.88 feet to a 1/2" iron rod found at the Southwest corner of said 4.0 acre tract for a corner of this tract; THENCE Northwesterly, along a curve to the left having a radius of 872.07 feet and a chord bearing of N 66'12'40" W, a chord distance of 26.42 feet to a 1/2" iron rod found for a corner of this tract; THENCE N 67023'54" W a distance of 420.26 feet to a 3/8" iron rod found for the Southwest corner of this tract; THENCE N 0003'43" W a distance of 333.49 feet to a 3/8" iron rod found in the South right of way line of said Loop 289 for the Northwest corner of this tract; THENCE N 79"56'16" E, along said right of way line, a distance of 696.40 feet to a '/2" iron rod found at the beginning of a curve to the right having a radius of 5579.58 feet; THENCE Northeasterly, along said right of way line and said curve to the right having a chord bearing of N 80°10'05" E, a chord distance of 105.05 feet to the POINT OF BEGINNING. Passed by the City Council this 8th day of November 2001. Y SITTON, MAYOR ATTEST: Re ecca Garza, City Secretary APPROVED AS TO CONTENT: Richard Burdine, Assistant City Manager APPROVED AS TO FORM: G. Vandiver, First Assistant City Attorney Resolution No. 2001-RO482 EXHIBIT "A" NOTICE OF INTENT OF THE CITY COUNCIL OF THE CITY OF LUBBOCK TO ENTER INTO AN AGREEMENT TO ABATE TAXES ON REAL PROPERTY IMPROVEMENTS AND TANGIBLE PROPERTY LOCATED AT 2715 NORTH LOOP 289 IN THE CITY OF LUBBOCK, LUBBOCK COUNTY, TEXAS AND FURTHER DESCRIBED IN EXHIBIT "B" Notice is hereby given that the City Council of the City of Lubbock intends to enter into an Agreement with Scott Laboratories, Inc. to abate taxes on improvements to property and tangible property located within an enterprise zone created by Ordinance No. 9591 and covering all of the subject property. Notice is further given that the City Council of the City of Lubbock will consider authorizing the Mayor of the City to execute a contract between the City and Scott Laboratories, Inc. for tax abatement, a copy of said Agreement is attached to this notice as Exhibit "C" and made a part hereof for all purposes. Notice is further given that the City Council will consider this matter at its meeting held in the City Council Chamber, City Hall, 1625 13th Street, City of Lubbock, on the 15th day of November, 2001, at 10:30 o'clock a.m. Resolution No. 2001-RO482 EXHIBIT "B" Described by the Lubbock Central Appraisal District as Block A Section 17 AB 91 Tract B and B3 of the City of Lubbock, Lubbock County, Texas and further described by metes and bound as follows: BEGINNING at a 1/2" iron rod found for the Northeast corner of this tract in the South right of way line of Loop 289 at the Northwest corner of Tract "A", Youth Center Addition to the City of Lubbock, Lubbock County, Texas from whence the Northeast corner of said Section 17 is called to bear North a distance of 218.99 feet and East a distance of 1371.66 feet; THENCE S 0015'23" W, along the West line of said Tract "A", a distance of 304.40 feet to a 3/4" iron pipe found at the Northeast corner of that 4.0 acre tract described in Volume 1870, Page 65 of said records for a corner of this tract; THENCE S 89041'43" W, along the North line of said 4.0 acre tract, a distance of 375.70 feet to a I/z" iron pipe found at the Northwest corner of said 4.0 acre tract for an ell corner of this tract; THENCE S 0003'49" E, along the West line of said 4.0 acre tract, a distance of 338.88 feet to a 1/2" iron rod found at the Southwest corner of said 4.0 acre tract for a corner of this tract; THENCE Northwesterly, along a curve to the left having a radius of 872.07 feet and a chord bearing of N 66'12'40" W, a chord distance of 26.42 feet to a 1/2" iron rod found for a corner of this tract; THENCE N 67023'54" W a distance of 420.26 feet to a 3/8" iron rod found for the Southwest corner of this tract; THENCE N 0003'43" W a distance of 333.49 feet to a 3/8" iron rod found in the South right of way line of said Loop 289 for the Northwest corner of this tract; THENCE N 79056'16" E, along said right of way line, a distance of 696.40 feet to a 1/2" iron rod found at the beginning of a curve to the right having a radius of 5579.58 feet; THENCE Northeasterly, along said right of way line and said curve to the right having a chord bearing of N 80'10'05" E, a chord distance of 105.05 feet to the POINT OF BEGINNING. EXHIBIT "C" AGREEMENT STATE OF TEXAS § COUNTY OF LUBBOCK § Resolution No. 2001-R 0482 This Agreement made this day of , 2001, by and between the City of Lubbock, Texas, a home rule municipality of the State of Texas (hereinafter called "City") and Scott Laboratories, Inc. (hereinafter called "Company"); WITNESSETH: WHEREAS, City did receive from Company on the 24"day of September, 2001, an application for tax abatement for the construction of a new facility located at 2715 North Loop 289, which is described by the Lubbock Central Appraisal District as Block A Section 17 AB 91 Tract B and B3 of the City of Lubbock, Lubbock County, Texas and further described by metes and bound as follows: BEGINNING at a 1/2" iron rod found for the Northeast corner of this tract in the South right of way line of Loop 289 at the Northwest corner of Tract "A", Youth Center Addition to the City of Lubbock, Lubbock County, Texas from whence the Northeast corner of said Section 17 is called to bear North a distance of 218.99 feet and East a distance of 1371.66 feet; THENCE S 0015'23" W, along the West line of said Tract "A", a distance of 304.40 feet to a3/4" iron pipe found at the Northeast corner of that 4.0 acre tract described in Volume 1870, Page 65 of said records for a corner of this tract; THENCE S 89041'43" W, along the North line of said 4.0 acre tract, a distance of 375.70 feet to a 1/z" iron pipe found at the Northwest corner of said 4.0 acre tract for an ell corner of this tract; THENCE S 0003'49" E, along the West line of said 4.0 acre tract, a distance.of 338.88 feet to a 1/2" iron rod found at the Southwest corner of said 4.0 acre tract for a corner of this tract; THENCE Northwesterly, along a curve to the left having a radius of 872.07 feet and a chord bearing of N 66°12'40" W, a chord distance of 26.42 feet to a 1/2" iron rod found for a corner of this tract, AGREEMENT - SCOTT LABORATORIES.. INC. PAGE 1 THENCE N 67023'54" W a distance of 42026 feet to a 3/8" iron rod found for the Southwest corner of this tract; THENCE N 0003'43" W a distance of 333.49 feet to a 3/8" iron rod found in the South right of way line of said Loop 289 for the Northwest corner of this tract; THENCE N 79056'16" E, along said right of way line, a distance of 696.40 feet to a '/2" iron rod found at the beginning of a curve to the right having a radius of 5579.58 feet; THENCE Northeasterly, along said right of way line and said curve to the right having a chord bearing of N 80°10'05" E, a chord distance of 105.05 feet to the POINT OF BEGINNING. WHEREAS, upon review of the above application it was determined that the facilities will be located in the North Enterprise Zone designated by the City in Ordinance No. 9591 covering the above described property; and WHEREAS, the Guidelines and Criteria Governing Tax Abatement For Selected Taxing Units Within Lubbock County was heretofore adopted by Resolution No. 2001- R0386 of the City Council of the City of Lubbock; 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 of 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. 2001-R0386 of the City on September 27, 2001, and WHEREAS, the City did pass Ordinance No. 9591 creating an enterprise zone for commercial and industrial tax abatement, said zone including the area which is described by the Lubbock Central Appraisal District as Block A Section 17 AB 91 Tract B and B3 of the City of Lubbock, Lubbock County, Texas and further described by metes and bound as follows: BEGINNING at a ''/z" iron rod found for the Northeast corner of this tract in the South right of way line of Loop 289 at the Northwest corner of Tract "A", Youth Center Addition to the City of Lubbock, Lubbock County, Texas from whence the Northeast corner of said Section 17 is called to bear North a distance of 218.99 feet and East a distance of 1371.66 feet; THENCE S 0015'23" W, along the West line of said Tract "A", a distance of 304.40 feet to a3/4" iron pipe found at the Northeast corner of that 4.0 acre tract described in Volume 1870, Page 65 of said records for a corner of this tract; AGREEMENT - SCOTT LABORATORIES, INC. PAGE 2 THENCE S 89°41'43" W, along the North line of said 4.0 acre tract, a distance of 375.70 feet to a %2" iron pipe found at the Northwest corner of said 4.0 acre tract for an ell corner of this tract; THENCE S 0003'49" E, along the West line of said 4.0 acre tract, a distance of 338.88 feet to a '/2" iron rod found at the Southwest corner of said 4.0 acre tract for a corner of this tract; THENCE Northwesterly, along a curve to the left having a radius of 872.07 feet and a chord bearing of N 66012'40" W, a chord distance of 26.42 feet to a 11/2" iron rod found for a corner of this tract; THENCE N 67023'54" W a distance of 420.26 feet to a 3/8" iron rod found for the Southwest corner of this tract; THENCE N 0003'43" W a distance of 333.49 feet to a 3/8" iron rod found in the South right of way line of said Loop 289 for the Northwest corner of this tract; THENCE N 79056'16" E, along said right of way line, a distance of 696.40 feet to a 1/2" iron rod found at the beginning of a curve to the right having a radius of 5579.58 feet; THENCE Northeasterly, along said right of way line and said curve to the right having a chord bearing of N 80°10'05" E, a chord distance of 105.05 feet to the POINT OF BEGINNING. 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 construction of a new 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. 2001-RO386 does recognize construction of a new facility as being eligible for tax abatement status; and WHEREAS, the City Council does hereby find that all of the Guidelines and Criteria Governing Tax Abatement, as adopted by Resolution No. 2001-R0386, have been met by Company; and AGREEMENT - SCOTT LABORATORIES, INC. PAGE 3 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 the date of its execution and shall expire and be of no further force and effect after said date. SECTION 2. Base Year. The base year applicable to real property, which is the subject of this Agreement, shall be 2001, 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. 2001-RO386 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 by the Lubbock Central Appraisal District as Block A Section 17 AB 91 Tract B and B3 of the City of Lubbock, Lubbock County, Texas and further described by metes and bound as follows: BEGINNING at a 1/2" iron rod found for the Northeast corner of this tract in the South right of way line of Loop 289 at the Northwest corner of Tract "A", Youth Center Addition to the City of Lubbock, Lubbock County, Texas from whence the Northeast corner of said Section 17 is called to bear North a distance of 218.99 feet and East a distance of 1371.66 feet; AGREEMENT - SCOTT LABORATORIES, INC. PAGE 4 THENCE S 0°15'23" W, along the West line of said Tract "A", a distance of 304.40 feet to a 3/4" iron pipe found at the Northeast corner of that 4.0 acre tract described in Volume 1870, Page 65 of said records for a corner of this tract; THENCE S 89041'43" W, along the North line of said 4.0 acre tract, a distance of 375.70 feet to a'/2" iron pipe found at the Northwest corner of said 4.0 acre tract for an ell corner of this tract; THENCE S 0003'49" E, along the West line of said 4.0 acre tract, a distance of 338.88 feet to a ''/z" iron rod found at the Southwest corner of said 4.0 acre tract for a corner of this tract; THENCE Northwesterly, along a curve to the left having a radius of 872.07 feet and a chord bearing of N 66°12'40" W, a chord distance of 26.42 feet to a'/z" iron rod found for a corner of this tract; THENCE N 67023'54" W a distance of 420.26 feet to a 3/8" iron rod found for the Southwest corner of this tract; THENCE N 0003'43" W a distance of 333.49 feet to a 3/8" iron rod found in the South right of way line of said Loop 289 for the Northwest corner of this tract; THENCE N 79056'16" E, along said right of way line, a distance of 696.40 feet to a '/2" iron rod found at the beginning of a curve to the right having a radius of 5579.58 feet; THENCE Northeasterly, along said right of way line and said curve to the right having a chord bearing of 80°10'05" E, a chord distance of 105.05 feet to the POINT OF BEGINNING. (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. AGREEMENT - SCOTT LABORATORIES. INC. PAGE 5 SECTION 7. Economic Qualification. It is hereby found by the City that Company will expend funds in excess of the funds necessary to qualify for tax abatement by constructing a new facility, all as set forth in Section IV(3)(b) of the Guidelines and Criteria for Tax Abatement adopted by the City through Resolution No. 2001-R0386. SECTION 8. Value of Improvements. Company intends to expend approximately six hundred fifty thousand ($650,000) dollars in constructing a new facility to be located within the enterprise zone created by Ordinance No. 9591. SECTION 9. City Access to Property. Company covenants and agrees that City shall have access to the property, which is 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 that the improvements are. being made in accordance with the terms and conditions of Company's application for tax abatement, attached as Exhibit "A", and this Agreement. SECTION 10. Portion of Tax Abated. City agrees, during the term of this Agreement, to abate taxes on eligible property according to the following schedule. Year l: 100% Year 2: 80% Year 3: 60% Year 4: 40% Year 5: 20% SECTION 12. Commencement Date. This Agreement shall commence upon the date of its execution, which date is hereinafter set forth, and shall expire five (5) years after such date. SECTION 13. Type of Improvements. The Company proposes to construct a new facility as described in Exhibit "A". The Company further states that the proposed improvements to the property above mentioned shall commence on the 1" day of October, 2001, and shall be completed within approximately 180 days from said date. The 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. SECTION 14. 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 15. 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 AGREEMENT - SCOTT LABORATORIES, INC. PAGE 6 property to uses consistent with the general purpose of encouraging development of the enterprise zone during the term of this agreement. SECTION 16. Recapture. The 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. 2001-R0386 of the City Council of the City of Lubbock. SECTION 17. Certification. The Company agrees to certify annually to the governing body of each taxing unit that the owner is in compliance with the terms of the Agreement. SECTION 18. Compliance. The City may cancel or modify this Agreement if the Company fails to comply with the Agreement. SECTION 19. Notices. Notices required to be given by this Agreement shall be mailed, certified mail return receipt requested, to the following addresses: CITY OF LUBBOCK City Manager P.O. Box 2000 Lubbock, Texas 79457 SCOTT LABORATORIES, INC. Randall S. Hickle, M.D. 2202 Indiana Avenue Lubbock, TX 79410 AGREEMENT - SCOTT LABORATORIES, INC. PAGE 7 SECTION 20. 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 SCOTT LABORATORIES, INC RANDALL S. HICKLE PRESIDENT ATTEST: Vanessa Reasoner Controller day of , 2001. CB: October 11, 2001 G:/tax abatement/Scott Labs/Scott Labs Agreement.doc CITY OF LUBBOCK A Municipal Corporation WINDY SITTON MAYOR F.11-ama-W1 Rebecca Garza City Secretary Ad V D A TO CONTENT: Burdine Assistant City Manager APPROVED AS TO FORM: Donald G. Vandiver First Assistant City Attorney AGREEMENT — SCOTT LABORATORIES, INC. PAGE 8 EXHIBIT "A" Resolution No. 2001-RO482 Laboratories, Inc. 2202 Indiana Avenue Lubbock, Texas 79410 RECEIVED SEP 2 4 2001 BUS NESS DEVEL( y� Industrial Tax Abatement Application Page 1 of 1 APPLICATION FOR INDUSTRIAL TAX ABATEMENT IN LUBBOCK COUNTY FILING INSTRUCTIONS: This application must be submitted to the appropriate taxing jurisdiction before any construction begins to be eligible for tax abatement. This filing acknowledges familiarity and assumed conformance with "GUIDELINES AND CRITERIA GOVERNING TAX ABATEMENT FOR SELECTED TAXING UNITS CONTAINED WITHIN LUBBOCK COUNTY" (Copy attached). This application will become a part of any later agreement or contract, and knowingly false representations thereon will be grounds for the voiding of any later agreement or contract. ORIGINAL COPY OF THIS APPLICATION AND ATTACHMENTS SHOULD BE SUBMITTED TO: City of Lubbock Business Development Department P.O. Box 2000 1625 13`x' Street Lubbock, TX 79457 (806) 775-2019 Section I — APPLICANT INFORMATION Date of Application: September 24, 2001 Applicant Name: Randall S. Hickle, M.D. Company Name: Scott Laboratories, Inc. Address: 2202 Indiana Avenue, Lubbock, TX 79410 Phone: (806) 785-0077 Fax: (806) 785-5035 Applicants Representative on this Project: Name: Vanessa Reasoner Address: 2202 Indiana Avenue, Lubbock, TX 79410 Phone: (806) 785-0077 6Y7— I I Lt Type of Ownership: [ X ] Corporation [ ] Partnership [ ] Proprietorship Industrial Tax Abatement Application Page 2 of 2 Total Current Number Employees: 14 Corporate Annual Sales Per Year: 3 million dollars Annual Report Submitted? [ ] Yes [X ] No Section U — FACILITY INFORMATION Place a check mark on those statements which are applicable to your company: (a) This application is for a: [X] New Facility [ ] Expansion [ ] 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 [ J Manufacturing Facility: Electronics/Electrical/Assembly, Semiconductor Fabrication [ J Value-added Agricultural Production including Food Processing and Machinery [X] Med Tech Research/Manufacturing/Assembly [ ] Aviation/Avionics Production/Rehab [ ] Warehouse/Distribution [ ] Corporate Headquarters of a Regional/National Service Center [ ] 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) [X] 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 [XJ 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 [ J The project will add at least 25 new permanent jobs (g) If Existing Company checked, which of the following statements apply to the project: [X] 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 Industrial Tax Abatement Application Page 3 of 3 (h) Address of proposed facility: 2715 North Loop 289 (i) Legal description of proposed facility: See enclosed deed 0) The proposed facility is located in: School District: Lubbock ISD City: Lubbock, TX (k) Describe product or service to be provided: Medical technology research and development company for new medical technologies. Active projects include technologies for management of fear and pain, temperature, and obesity. Objective in each field is to produce new technologies that deliver greater value and benefits at a reduced cost. The company researches the market need, develops the technology, designs for manufacturability, assembles prototype devices, conducts clinical testing and then sells or licenses the technology. Section III — FACILITY DESCRIPTION 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 Industrial Tax Abatement Application Page 4 of 4 (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). Section IV — ECONOMIC IMPACT INFORMATION Part A — Current Investment in Existing Improvements: - 0 - Part B — Permanent employment estimates: 1) If existing facility, what is the current plant employment: 14 2) Estimated number of new jobs to be created and time frame for creation of jobs: New Jobs None Time Frame 3) Opening of improvements: (Month) lac 2 of (Yearllx 2002 Part C — Permanent Payroll Estimates: 1) If existing facility, what is the current plant payroll: one million annually 2) Estimated amount of new payroll: no change Part D — Construction and Employment Estimates: 1) Construction start: Month 10 Year 2001. 2) Number of construction jobs: At Start 8 , Peak 20 , Finish 10 3) Number of man-years: NA Part E — School District Estimates: Give Estimated number of: Families transferred to area: NA Children added to ISD's: NA Industrial Tax Abatement Application Page 5 of 5 Part F — City Impact Estimates: 1) Volume of treated water required from City: 161 gallons/day 2) Volume of effluent to be treated by city: NA gallons/day A septic system will be installed.. 3) 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 started? Yes X No Part — Estimated Appraised Value on Site: Part H — Variance: (a) Is a variance being sought under Section IV 9(d) of the "Guidelines"? [ ] Yes [X] No (c) If "Yes", attach any supplementary information required. NA Section V — OTHER AGREEMENT APPLICATIONS (a) Has applicant made application for abatement of this facility by other taxing jurisdictions or counties? [ ] Yes [X] No (b) If "Yes", please provide: Dates of Application: NA Hearing Dates: NA Name of Jurisdiction(s): NA Name of Contact(s): NA Attach any letter of intent to abate. NA Land Personal Property Improvements Value of Existing Facility Before New Construction (from Central $13,416 $500,000 0 Appraisal District Value of New Improvements NA NA $650,000 Estimated Total Value After Improvements $13,416 $500,000 $650,000 Part H — Variance: (a) Is a variance being sought under Section IV 9(d) of the "Guidelines"? [ ] Yes [X] No (c) If "Yes", attach any supplementary information required. NA Section V — OTHER AGREEMENT APPLICATIONS (a) Has applicant made application for abatement of this facility by other taxing jurisdictions or counties? [ ] Yes [X] No (b) If "Yes", please provide: Dates of Application: NA Hearing Dates: NA Name of Jurisdiction(s): NA Name of Contact(s): NA Attach any letter of intent to abate. NA Industrial Tax Abatement Application Page 6 of 6 Section VI — DECLARATION To the best of my knowledge, the above information is an accurate description df project details. Company Official Signature Randall S. Hickle, M.D. Printed Name of Company Official President Title of Company Official REturn to: Scott Laboratories;2202 Indiana Ave.Lubbock, cF#00-11098 f 2.1 Texas 79410 DEED WITHOUT WARRANTY Date: September 5, 2001 Grantor: LUBBOCK COUNTY, TEXAS Grantors Mailing Address: Resolution No. 2001-80482 vo( 7264PAGE 68 Grantee: SCOTT LABORATORIES, INC., a Texas corporation Grantee's Mailing Address: 2202 Indiana Ave. Lubbock:, Tx. 79410 Consideration: TEN AND N0/100 DOLLARS ($10.00) cash and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged. Property (including any improvements): A tract of land located in Section Seventeen (17), Block A, T.T. Railroad Company survey, Lubbock County, Texas, being that tract of land described in Volume 2640, Page 323 of the Real Property Records of Lubbock County, Texas and being further described by metes and bounds as follows: BEGINNING at a M" iron rod found for the Northeast corner of this tract in the South right of way line of Loop 289 at the Northwest corner of Tract "A", Youth ^.enter Addition to the City of Lubbock, Lubbock County, Texas from whence the Northeast corner of said Section 17 is called to bear North a distance of 218.99 feet and East a distance of 1371.66 feet; THENCE S 001512311 W, along the West line of said Tract "A", a distance of 304.40 feet to a %" iron pipe found at the Northeast corner of that 4.0 acre tract described in Volume 1870, Page 65 of said records for a corner of this tract; Dowlourwain, PAGE I YOL' 7264PAGE 69 THENCE S 89041143" W, along the North line of said 4.0 acre tract, a distance of 375.70 feet to a 1/2" iron pipe found at the Northwest corner of said 4.0 acre tract for an ell corner of this tract; THENCE S0003149" E, along the West line of said 4.0 acre tract, a distance of 338.88 feet to a %" iron rod found at the Southwest corner of said 4.0 acre tract for a corner of this tract; THENCE Northwesterly, along a curve to the left having a radius of 872.07 feet and a chord bearing of N 6601214011 W, a chord distance of 26.42 feet to a 1/21f iron rod found for a corner of this tract; THENCE N 67023154 W a distance of 420.26 feet to a 3/8" iron rod found for the Southwest corner of this tract; THENCE N 0003143" W a distance of 333.49 feet to a 3/8" iron rod found in the South right of way line of said Loop 289 for the Northwest corner of this tract; THENCE N 79056116" E, along said right of way line, a distance of 696.40 feet to a M" iron rod found at the beginning of a curve to the right having a radius of 5579.58 feet; THENCE Northeasterly, along said right of way line and said curve to the right having a chord bearing of N 80010105" E, a chord distance of 105.05 feet to the POINT OF BEGINNING (the "Property"). Exceptions to conveyance: This conveyance is made and accepted subject to the following matters: 1. Easement granted to WEST TEXAS GAS COMPANY by instrument recorded in Volume 254, Page 483, Deed Records of Lubbock County, Texas. 2. Easement granted to the CITY OF LUBBOCK by instrument recorded in Volume 448, Page 458, Deed Records of Lubbock County, Texas. 3. Easement granted to THE TEXAS PIPE LINE COMPANY by instrument recorded in Volume 586, Page 225, Deed Records of Lubbock County, Texas. DfiDlQwNARwr PAW Y VOL t 264PAGE 70 4. An undivided 1/2 interest in all of the oil, gas, and other minerals, in, on and under the Property, previously reserved by instrument recorded in Volume 217, Page 256, Deed Records of Lubbock County, Texas. 5. Oil, Gas, and Mineral Lease, dated January 28, 1954, as shown by instrument recorded in Volume 20, Page 535, Oil and Gas Lease Records of Lubbock County, Texas. 6. Oil, Gas, and Mineral Lease, dated May 6, 1957, as shown by instrument recorded in Volume 26, Page 13, Oil and Gas Lease Records of Lubbock County, Texas. 7. Oil, Gas, and Mineral Lease, dated May 5, 1957, as shown by instrument recorded in Volume 26, Page 18, Oil and Gas Lease Records of Lubbock County, Texas. 8. Easement, granted to SOUTHWESTERN BELL TELEPHONE COMPANY in the Northwest corner of the Property, by instrument recorded in Volume 4035, Page 248, Real Property Records of Lubbock County, Texas and as shown on Survey, dated May 24, 2001, by ROBERT L. SMITH, Registered Professional Land Surveyor. Grantor, for the consideration and subject to the exceptions to conveyance, conveys to Grantee the property without warranty, express or implied, statutory or otherwise, and all warranties that might arise by common law and the warranties created by Section 5.023 of the Texas Property Code (and all amendments and successors thereto) are expressly excluded. When the context requires, singular nouns and pronouns include the plural. EXECUTED thisday of 2001 to become effective as of the date first a ove written. BYE o®Vma XWM PAGE3 LUBBOCK COUNTY, TEXAS JAMES KITTEN, COUNTY COMMISSIONOR, LUBBOCK COUNTY, TEXAS, DULY AUTHORIZED BY COUNTY COMMISSIONER COURT, LUBBOCK COUNTY TEXAS THE STATE OF TEXAS § 7264PACF 71 COUNTY OF LUBBOCK § Before me (-R"9 G ;` Q" on this da personally appeared JAMES KITTEN, COUNTY COMMISSIONOR, LUBBOCK COUNTY, TEXAS, DULY AUTHORIZED BY COUNTY COMMISSIONER COURT, LUBBOCK �CO �Y TEXAS, known to me OR proved to me on the oath of _ ' OR through to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same on behalf of LUBBOCK COUNTY, TEXAS for the purposes and consideration therein expressed. Given under my hand and seal of office this _tv�� day of A.D. , 2001. GAIL WIL00XSCN * * Notary Public> slate of Ttxas My Commission "sxpims 064T.2004 FILED FOR R111110 2C ; Sr* 10 P 2: A-'�q CCi3NTY CLERK. MOM, COUNTY. TEXAS D®NMlDUf NARRAMY PAGE 4 Notary Public, State of Texas SEAL STATE OF TEXAS COUNTY OF LUBBOCK I herby cw* Im Itis jwuunerti was FnM an Its dais and at the *w stamped hereon by me and was duly RECORDED in the Volume and Page of the Official Real PMWW Resords of Lubbo(* County, Texas as stamped hereon by me. SEP 10 2001 toe I •T COUNTY CLERIC L% LUBBOCK COUNTY. TEXAS Industrial Tax Abatement Application Page 7 of 7 Attachment 1 Scott Laboratories, Inc. has a research and development agreement with a large medical device manufacturer in Cincinnati, Ohio. They will pay Scott Labs three million dollars $3,000,000.00) per year during the period beginning January 1, 2001 and ending upon the termination of the development agreement for services rendered by Scott Labs under the development agreement. The initial term of the development agreement is three (3) years and a minimum payment to Scott Labs of nine million dollars ($9,000,000.00) is guaranteed. Scott Labs cannot reveal the identity of the medical device manufacturer due to contractual obligations. Industrial Tax Abatement Application Page 8 of 8 Attachment 2 General Description: a. Construction of a new research and development facility located at 2715 North Loop 289. b. Descriptive list of the improvements for which tax abatement is requested including: 1. Site preparation on approximately 5.59 acres located at block A section 17 AB 91 tracks B and B3. A 20,000 square foot single story building for offices and shop space will be constructed to include the required parking. Landscaping will also be performed as required. 2. New Equipment: none c. The list of Tangible Personal Property located in our existing facility is enclosed. d. A Gantt chart showing the proposed timeline for undertaking and completing the improvements is enclosed. Carrie Tte Tart Nm Ovatbn Star! FIMah ambr -... 99 918 921 . odobw November lleeen�par F0 107 1014 1021 la4 1114 11n1 11111 11(15 1711 14/9 1-0 1127 12LD 11C 1113 1!m Iw 7Ji 1 ite wok m Mai9n72n T1u 927211 ��`,._'.—F...Sft Wort 7/10 ?/17 2 yVatlnO DaardlP Sd MmQnTM Fd92101 WO1yy11p�'Mt Padrg lid S Order SW id Fd92101 Fd92101 A OsdriWi FkWCty&daagkrParom td 4 SWM Perrot 101 Mm V1401 Fd IOS01 Thu2n4C2 a Cwcm o FoaYp f0d Mm 10101 Fd 141201 ConvMo fo.0 ' t R.I. PkmEoq 5d Mon 10401 Fd 1O11ZO1 � R.L Pkwbhv 7 Undr iue EMmMaI 3d W d 1d17MI Fd 101901 0 RJ. 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F:.,.<_.' ,..�`.'.'..,"_.'.... RoW Up PmgM. — Sack LobaraW Pepe2 Attachment 2 Scott Laboratories, Inc. Tax Property Detail For the Year Ended 12/31/00 Date In BOY Accum. Current Year EOY Accum. Description Service Cost Depreciation Depreciation Depreciation Filing Cabinet 6/23100 846 - 151 151 Electric Range. Range Hood. Hood Filter 127'00 750 - 38 38 Freezer 1217100 585 - 29 29 Office Server 1/21100 2,249 - 787 787 EZE Magnetized Workstation Desk 9/5100 522 - 78 78 Conference Phone wa External Microphones 9/27'00 1.217 - 130 I30 Canon IR 330S Copier 11/7,100 8,465 - 423 423 Single Board Computer - No Drives 2110100 5,428 - 1,900 1.900 Drives for Single Board Computer 2/10/00 1,090 - 382 382 Single Board Computer - No Drives 2/26/00 4,937 - 1,727 1.727 Single Board Computer - No Drives & Accessories 3/3/00 8,470 - 2,964 2.964 HP Laptop Computer 3/29/00 2.826 - 989 989 Epson Overhead Projector 7/7/00 5,799 - 870 870 Back-up Exec Server, Onstream SC30 9/5100 1,057 - 159 159 Sony VAIO Laptop Computer 9/5/00 4,295 - 644 644 Modified BCI 3404 AutoCotr Boar&Prototype 3/17/00 1,693 - 593 593 DMM-32 :\T 16, bit Analog PO PC/104 Module 3/20/00 4,481 - 1,566 1,566 SamsungLTM150XS-T01 3/23/00 3,288 - 1,150 1.150 Harvard 2 Pump 3/30/00 4,750 - 1,663 L663 ECG/SpO2 OEM board 5/8/00 2,796 - 700 700 Reconditioned HP audio oscillator & distortion analvzer 6/12100 1,717 - 429 429 OEM sidestream module 6/20/00 1.690 - 422 422 Sidestream module 8/21100 845 - 127 127 LPKF AutoContac Thru-Hole Plating System 828/00 2.956 - 443 443 Model X1003 Oxygen Sensor 925/00 731 - 110 110 Samsung LTM LCD Flat Panel 10/900 836 - 42 42 AS2000 BIS Monitoring System 10/I7/00 11,000 - 550 550 Fast 02 Sensor 10!17'00 1.461 - 73 73 advantage 9861 Patient Monitor 1026/00 3,704 - 185 185 Machine Tool: Jointer 11/8/00 449 - 22 22 Machine Tool: Belt Sander 1118/00 449 - 22 22 Machine Tool: Bead Blaster 1118/00 449 - 22 72 Machine Tool: Vertical Band Saw 11/8/00 1,796 - 90 90 Air Compressor 11/8100 898 - 45 45 Big Lathe 11/8/00 8.980 - 449 449 Mig Welder 11/8100 1.078 54 54 Tig Welder 1118100 1,347 - 67 67 Tool Cutter 11'8/00 25,143 - 1,257 1,257 Small Lathe 11/8/00 3.592 - 180 180 Surface Grinder 1118/00 4,490 - 225 225 Horizontal ;\ fill 11/81100 5,388 - 269 269 Vertical Mill 11/8/00 10.776 - 539 539 Table Saw 1118/00 1,257 - 63 63 Lathe Tooling 11.1&'00 898 - 45 45 Chop Saw 11,18/00 673 - 34 34 Printed Circuit Board Design Layout 11/14/00 7.033 - 352 352 :Module. CO2. with Pump Assembly & OEM Evaluation Kit 1127/00 1,050 - 53 53 Stratysis Prototyping Machine 12/12/00 131.579 - 6.579 6.579 Replacement of Water Heater 3.550 - 87 87 Total in Service 2000 29.778 301.359 - 29.778 Attachment 2 Scott Laboratories, Inc. Tax Property Detail For the Year Ended 12131/00 Date In BOY Accum. Current Year EOY Accum. Description Service Cost Depreciation Depreciation Depreciation Fast Sim Sieh in Front of Building 3/2399 1.049 150 257 407 Desk & Chair for Controllers Office 10/6/99 1,530 219 375 594 8 Port Communication Card 3111/99 761 152 244 396 Supermax Competter System 7/13199 1,330 266 426 692 NEC.(' Computer System 7113:99 1,253 251 401 652 15" Flatsereen LCD 10/13/99 971 194 311 505 Mark Gamer9/99 Statement 1011199 771 154 247 401 HP Desktop for CEO 10/21/99 1,305 261 418 679 Cisco 820 Router 11/5199 1,024 205 328 533 DevPartnerStudio Software 11/16/99 3,414 1,138 1.518 2,656 HP Laserjet 4050 Printer 127.199 1,623 324 519 843 K7 550 Mhz Computer w/ 128MB RAM 12/13/99 925 185 296 481 Dell 466 Mhz Celeron Computer, 12/13/99 1,289 258 412 670 Dell 466 Mhz Celeron Computer 11(13/99 7,529 1,506 2,409 3.915 Yamahoa SCSI Drives 4/15199 1,251 250 400 650 450 Mhz Computer System 4/15199 8,798 1,760 2.815 4.575 Sony 19" Monitor 4/15/99 2,419 484 774 1,258 HP Laserjet 4000 TN 4/15/99 1,550 310 496 806 Blackboard 8 -Port Serial Comm. Board 5/11/99 613 123 196 319 Sony DSR -20 Digital Video Camera (net of theft) 526/99 _ 2,906 581 930 1,511 Dell Dimension XPS Computer 6/16/99 2,645 529 846 1.375 21" Computer Monitor 6/16/99 1,805 361 578 939 BCI 3404AutoCorrBoard 3/17/99 15,102 3,020 4,833 7.853 Airman Custom Gas Manifold 3/23199 6,148 1,230 1,571 2.801 Airman Custom Gas Manifold 3/23/99 4,909 982 1,967 2,949 Digiflow Gas Flowmeter 7/7/99 792 158 253 411 Colin Medical 9861 NIBP Monitor 7/29/99 3,435 687 1,099 1.786 Switching Systems F6 -B8 -B8 7/29/99 1,315 263 421 684 Labview Full Development System 8/12/99 2,158 432 691 1,123 Mada Jet XL Media Injector 8/12/99 634 127 203 330 Harvard 2 Pump 8/20/99 4,809 962 1,539 2,501 Digital Camcorder DCR-VXI000 10/6/99 3,750 750 1,200 1,950 HC12 Software Package 12)299 3,600 1,200 1,600 2.800 Fluke 45 Digital Multimeter 12/13/99 737 148 236 384 HiWare C- Macro Assembler 17/15.99 12,175 47058 5,412 9.470 Heater Air Insulator 8/20/99 1,200 12 31 43 HVAC Installation 515199 1330 21 34 55 Electrical Wiring - Lateon Electric 5/5/99 4,422 71 113 184 Gerald McCllaren-Construction 5/18199 2.511 40 64 104 Mike Board - Construction 6/1199 724 10 19 29 HeatevAir Conditioner Installation 11110/99 560 2 14 16 MSDN Subscription 8/12199 565 188 251 439 C- & Java Developer Sofhvare 9/1/99 2,895 965 1,287 2.252 Exchange Server 5.5 9/17/99 1,823 607 810 1.417 Dynamics Accounting Software Upgrade 10/28/99 1,656 552 736 1.288 MSDN Subscription 4/15199 969 323 431 754 C+- & Java Developer Software 6/16199 968 323 430 753 Total In Service 1999 125.948 26.792 30.441 67.233 Lab Computer 1 1/15/98 1,401 728 269 997 Lab Computer 2 3/16%98 1.427 742 274 1.016 Various Video Components 5/7/98 2,318 1.206 445 1.651 Pentium 11 400 Processor 9/2198 655 341 126 467 Blackboard -SA Comm Port Board 9/2/98 626 325 120 445 Attachment 2 Scott Laboratories. Inc. Tax Property Detail For the Year Ended 122/31/00 Date In BOY Accum. Current Year EOY Accum. Description Service Cost Depreciation Depreciation Depreciation Oscilloscope Upgrade Module 12'9/98 602 313 116 429 Microphone 10/22198 1.032 536 198 734 National Inpatient Profile Software 4/29/98 5.954 4,631 882 5.513 NMG DevPartner Studio Software 9/72/98 1,741 1,354 258 1.612 Office 97 Standard 95/NT Software 9!298 592 460 88 548 Office 97 Pro 95/NT Software 9/V98 592 460 88 548 Microsoft Developers' Network Software 9/2/98 2.290 1,702 324 2.026 Rational Rose Visual Test Software 9/298 7,793 6,061 1,154 7,215 Microsoft Visual Studio v6 Pro Software 10/8/98 1,504 I,170 223 1.393 Real -Time Graphics Software 1219/98 961 747 142 889 BMC -202 Upgrade Software 12/9/98 538 418 80 498 Total In Service 1998 29,926 21,194 4,787 25,981 Eiki Video Projector 5/2197 7,904 5,101 911 6.012 Dell 166 NIMX Laptop Computer 5/2197 5,246 3,385 604 3.989 Hits 133 MHz Laptop Computer 6/2197 2,700 1,742 311 2,053 Sony Digital Video Camera 7/11/97 4.806 3,102 554 3,656 Phone System Upgrade 8/15/97 2,209 1,426 254 I,680 Globe Lighting System 8/26/97 2,333 1,201 291 1,492 Lab Phone System 917/97 7,549 3,888 943 49831 Brother Multi -Function Center 9/15/97 897 462 112 574 Total In Service 1997 33,644 20,307 3,980 24.237 Total for All Property in service on 1231:00 490.877 68.293 78,986 147.279 Industrial Tax Abatement Application Page 9 of 9 Attachment 3 Enclosed is 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. co co en — — )fUX —=Imnm 0 Master ERE; - PLAN MU ZEN REDi10EDAM 13 NOT To SCAM CP CP (P CP CP CP MOMAPPL— *jff.16 aim I WON r-am"W"Pim- IWO I -- ------------------------ --------- ------- -- West ..(Endwalb Elevadon CP C -P CP (P CP CP U006 9-A as�CP ausr -Awpq- M % MUM, 171� I . - IMF 7' -II 1,; i 1PRELDONA-R-Y-1 ----------- 1xv. uz----ZAKC ------------------- .tp T"Ayr )fUX —=Imnm 0 Master ERE; - PLAN MU ZEN REDi10EDAM 13 NOT To SCAM FTTIII.M OEMPON - REMOE INC. �t,Q,b,� : Resmrc6 & Development ORlces Scott Laboratories i °"•"'^• Lubbock, Tex" WATER UTIlLITy DEATERS 104 105 8" CMU 18" PLATFORM BY DRYWALL CONT. 5 SHELVES PAINT GRADE /T7O3 106 MEN'S DRESSING Ls— 101 W `- -- woes ft _' a •• cMU 5 DRESSING BREAK AREA 112 SSOWEIL4 = LOCKERS b 8" CMU :BENCH BY :. ® ;SHOWERS ;,.-___....____.._...+ LOCKERS b BENCH BY OWNER, ,O 5 - OWNER CERAMIC - wohm r r: 1 0 48 F CERAMIC 1 © - (Z) MO 1 1101 CERAMIC -- 8 PAW It - r-- _---------- - K�C�N 5 SHELVES PAINT 111 1/ GRADE BREAK AREA 112 Industrial Tax Abatement Application Page 10 of 10 Attachment 4 Our proposed improvements at completion of construction will require an investment of $650,000.00 for the building and site improvement. A copy of the Real Property appraisal from the Lubbock Central Appraisal District is attached. Resolution No. 2001-RO482 LUBBOCK CAD Real Property Information Lubbock Account Number: R68160 Cross Reference Number: 00642148 View Tax Information Owner's Name LUBBOCK COUNTY 11 and Mailing 806 BROADWAY ST Address 1 11 UBBOCK, TX 79401-3405 Location /A N LOOP 289 Zone IrAC 38 Map ID 10017-90091-10500-000 Description BLK A SEC 17 AB 91 TR B & B3 ACS: 5.59 Subdiv/Abstract Ind. A Subdiv/Abstract No. AC 10017 Taxing Entities Code Entity Name Tag Rate GLB LUBBOCK COUNTY .19170 $0 Freeze Amount SLB LUBBOCK ISD 1.58930 CLB LUBBOCK .57000 HSP HOSPITAL DISTRICT .09798 Land Market Value $13,416 WHP High Plains Water District .00840 $0 Deed Changes as of: 4/6/2001 Data updated on: 5/30/2001 I - PROPERTY 2000 Certified Value INFORMATION Exemption Codes EXG Ag Use $0 Freeze Amount .000 Total Improvement Value $0 Number of Improvements Land Acres 5.59 Land Market Value $13,416 Ag Market $0 Deed Date 9/29/1987 Deed Volume 2640 Total Market Value $13,416 Deed Pae 323 Note: If your value is 0, a change of ownership may have occurred since certification. T. A NII TNIMU M A T TC1N LandID 1 TypeCode C Commercial Land FAppraisal SPTB Code F I REAL COMMERCIAL Method A Acreage IF7=1-:] Homesite Eff, Eff. Size- Fronta a LRM!h Acres Size- S ft EXG 5.59000 .00400 Certified History Tag Year 2000 1999 1998 1997 1996 1995 Improvements Land Market $13,416 $13,416 $13,416 $13,416 $13,416 $13,416 Ag. Land Market TOTAL MARKET $13,416 $13,416 $13,416 $13,41 b $13,416 $13,416 j 1994 $13,41_6.1 $13,416 $13,416 EX Land Ag. Use' 10% Limited Adjustment TOTAL MARKET $13,41 b $13,416 $13,416 $13,416 $13,416 $13,416 Exemptions IIEXG Special Exemptions Over -65 Freeze Over -65 Freeze Amount EXG IIEXG EXG EXG EXG Another Search by Short Account Number Another Search by Long Account Number Another Search by Owner Name Another Search by Address BLOCK A SECT / ON 12 W36 AC OF TR B-1 e _ _+ 0 TY 00642102 (C 1 TY OF LUBBOCK) �? 6.5 156.8 T 589.62 748.34 LOT* 00155049 Resolution No. 2001-RO482 �Uv TRAC 30163113 D\OK NORTH 4.78 AC 00215403 A v10 �Q 0 V 4 002, Resolution No. 2001-RO482 November 8, 2001 Item No. 35 RESOLUTION WHEREAS, the City Council has determined to give notice of its intent to enter into a Tax Abatement Agreement with Scott Laboratories, Inc.; and WHEREAS, V.T.C.A. Tax Code Section 312.2041 requires notice of intent of the City Council to be given to the presiding officer of the governing body of each taxing unit in which the property to be subject to the Tax Abatement Agreement is located; NOW BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City Secretary give notice as set forth in Exhibit "A" of the intention of the City Council to enter into a Tax Abatement Agreement with Scott Laboratories, Inc., said notice to be given to the presiding officers of each governing body of each taxing unit having jurisdiction in assessing taxes on property located at 2715 North Loop 289 in the City of Lubbock, Lubbock County, Texas and which is described by the Lubbock Central Appraisal District as Block A Section 17 AB 91 Tract B and B3 of the City of Lubbock, Lubbock County, Texas and further described by metes and bound as follows: BEGINNING at a 1/z" iron rod found for the Northeast corner of this tract in the South right of way line of Loop 289 at the Northwest corner of Tract "A", Youth Center Addition to the City of Lubbock, Lubbock County, Texas from whence the Northeast corner of said Section 17 is called to bear North a distance of 218.99 feet and East a distance of 1371.66 feet; THENCE S 0015'23" W, along the West line of said Tract "A", a distance of 304.40 feet to a 3/4" iron pipe found at the Northeast corner of that 4.0 acre tract described in Volume 1870, Page 65 of said records for a corner of this tract; THENCE S 89041'43" W, along the North line of said 4.0 acre tract, a distance of 375.70 feet to a 1/2" iron pipe found at the Northwest corner of said 4.0 acre tract for an ell corner of this tract; THENCE S 0003'49" E, along the West line of said 4.0 acre tract, a distance of 338.88 feet to a 1/2" iron rod found at the Southwest corner of said 4.0 acre tract for a corner of this tract; THENCE Northwesterly, along a curve to the left having a radius of 872.07 feet and a chord bearing of N 66'12'40" W, a chord distance of 26.42 feet to a 1/2" iron rod found for a corner of this tract; THENCE N 67023'54" W a distance of 420.26 feet to a 3/8" iron rod found for the Southwest corner of this tract; THENCE N 0003'43" W a distance of 333.49 feet to a 3/8" iron rod found in the South right of way line of said Loop 289 for the Northwest corner of this tract; THENCE N 79"56'16" E, along said right of way line, a distance of 696.40 feet to a '/2" iron rod found at the beginning of a curve to the right having a radius of 5579.58 feet; THENCE Northeasterly, along said right of way line and said curve to the right having a chord bearing of 80°10'05" E, a chord distance of 105.05 feet to the POINT OF BEGINNING. Passed by the City Council this 8th day of November 2001. Y SITTON, MAYOR ATTEST: Re ecca Garza, City Secretary APPROVED AS TO CONTENT: L:L'e L�� -* Richard Burdine, Assistant City Manager APPROVED AS TO FORM: G. Vandiver, First Assistant City Attorney Resolution No. 2001-RO482 EXHIBIT "A" NOTICE OF INTENT OF THE CITY COUNCIL OF THE CITY OF LUBBOCK TO ENTER INTO AN AGREEMENT TO ABATE TAXES ON REAL PROPERTY IMPROVEMENTS AND TANGIBLE PROPERTY LOCATED AT 2715 NORTH LOOP 289 IN THE CITY OF LUBBOCK, LUBBOCK COUNTY, TEXAS AND FURTHER DESCRIBED IN EXHIBIT "B" Notice is hereby given that the City Council of the City of Lubbock intends to enter into an Agreement with Scott Laboratories, Inc. to abate taxes on improvements to property and tangible property located within an enterprise zone created by Ordinance No. 9591 and covering all of the subject property. Notice is further given that the City Council of the City of Lubbock will consider authorizing the Mayor of the City to execute a contract between the City and Scott Laboratories, Inc. for tax abatement, a copy of said Agreement is attached to this notice as Exhibit "C" and made a part hereof for all purposes. Notice is further given that the City Council will consider this matter at its meeting held in the City Council Chamber, City Hall, 1625 13th Street, City of Lubbock, on the 15th day of November, 2001, at 10:30 o'clock a.m. Resolution No. 2001-R0482 EXHIBIT "B" Described by the Lubbock Central Appraisal District as Block A Section 17 AB 91 Tract B and B3 of the City of Lubbock, Lubbock County, Texas and further described by metes and bound as follows: BEGINNING at a 1/2" iron rod found for the Northeast corner of this tract in the South right of way line of Loop 289 at the Northwest corner of Tract "A", Youth Center Addition to the City of Lubbock, Lubbock County, Texas from whence the Northeast corner of said Section 17 is called to bear North a distance of 218.99 feet and East a distance of 1371.66 feet; THENCE S 0015'23" W, along the West line of said Tract "A", a distance of 304.40 feet to a 3/4" iron pipe found at the Northeast corner of that 4.0 acre tract described in Volume 1870, Page 65 of said records for a corner of this tract; THENCE S 89°41'43" W, along the North line of said 4.0 acre tract, a distance of 375.70 feet to a %2" iron pipe found at the Northwest corner of said 4.0 acre tract for an ell corner of this tract; THENCE S 0003'49" E, along the West line of said 4.0 acre tract, a distance of 338.88 feet to a %2" iron rod found at the Southwest corner of said 4.0 acre tract for a corner of this tract; THENCE Northwesterly, along a curve to the left having a radius of 872.07 feet and a chord bearing of N 66'12'40" W, a chord distance of 26.42 feet to a 1/2" iron rod found for a corner of this tract; THENCE N 67°23'54" W a distance of 420.26 feet to a 3/8" iron rod found for the Southwest corner of this tract; THENCE N 0003'43" W a distance of 333.49 feet to a 3/8" iron rod found in the South right of way line of said Loop 289 for the Northwest corner of this tract; THENCE N 79056'16" E, along said right of way line, a distance of 696.40 feet to a 1/2" iron rod found at the beginning of a curve to the right having a radius of 5579.58 feet; THENCE Northeasterly, along said right of way line and said curve to the right having a chord bearing of N 80°10'05" E, a chord distance of 105.05 feet to the POINT OF BEGINNING. EXHIBIT "C" AGREEMENT STATE OF TEXAS § COUNTY OF LUBBOCK § Resolution No. 2001—RO482 This Agreement made this day of , 2001, by and between the City of Lubbock, Texas, a home rule municipality of the State of Texas (hereinafter called "City") and Scott Laboratories, Inc. (hereinafter called "Company"); WITNESSETH: WHEREAS, City did receive from Company on the 24"' day of September, 2001, an application for tax abatement for the construction of a new facility located at 2715 North Loop 289, which is described by the Lubbock Central Appraisal District as Block A Section 17 AB 91 Tract B and B3 of the City of Lubbock, Lubbock County, Texas and further described by metes and bound as follows: BEGINNING at a 1/2" iron rod found for the Northeast corner of this tract in the South right of way line of Loop 289 at the Northwest corner of Tract "A", Youth Center Addition to the City of Lubbock, Lubbock County, Texas from whence the Northeast corner of said Section 17 is called to bear North a distance of 218.99 feet and East a distance of 1371.66 feet; THENCE S 0°15'23" W, along the West line of said Tract "A", a distance of 304.40 feet to a3/4" iron pipe found at the Northeast corner of that 4.0 acre tract described in Volume 1870, Page 65 of said records for a corner of this tract; THENCE S 89041'43" W, along the North line of said 4.0 acre tract, a distance of 375.70 feet to a 1/2" iron pipe found at the Northwest corner of said 4.0 acre tract for an ell corner of this tract; THENCE S 0003'49" E, along the West line of said 4.0 acre tract, a distance.of 338.88 feet to a I/2" iron rod found at the Southwest corner of said 4.0 acre tract for a corner of this tract; THENCE Northwesterly, along a curve to the left having a radius of 872.07 feet and a chord bearing of N 66°12'40" W, a chord distance of 26.42 feet to a 1/2" iron rod found for a corner of this tract; AGREEMENT - SCOTT LABORATORIES, INC. PAGE 1 THENCE N 67023'54" W a distance of 420.26 feet to a 3/8" iron rod found for the Southwest corner of this tract; THENCE N 0003'43" W a distance of 333.49 feet to a 3/8" iron rod found in the South right of way line of said Loop 289 for the Northwest corner of this tract; THENCE N 79056'16" E, along said right of way line, a distance of 696.40 feet to a I/2" iron rod found at the beginning of a curve to the right having a radius of 5579.58 feet; THENCE Northeasterly, along said right of way line and said curve to the right having a chord bearing of N 80°10'05" E, a chord distance of 105.05 feet to the POINT OF BEGINNING. WHEREAS, upon review of the above application it was determined that the facilities will be located in the North Enterprise Zone designated by the City in Ordinance No. 9591 covering the above described property; and WHEREAS, the Guidelines and Criteria Governing Tax Abatement For Selected Taxing Units Within Lubbock County was heretofore adopted by Resolution No. 2001- R0386 of the City Council of the City of Lubbock; 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 of 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. 2001-RO386 of the City on September 27, 2001, and WHEREAS, the City did pass Ordinance No. 9591 creating an enterprise zone for commercial and industrial tax abatement, said zone including the area which is described by the Lubbock Central Appraisal District as Block A Section 17 AB 91 Tract B and B3 of the City of Lubbock, Lubbock County, Texas and further described by metes and bound as follows: BEGINNING at a 1/2" iron rod found for the Northeast corner of this tract in the South right of way line of Loop 289 at the Northwest corner of Tract "A", Youth Center Addition to the City of Lubbock, Lubbock County, Texas from whence the Northeast corner of said Section 17 is called to bear North a distance of 218.99 feet and East a distance of 1371.66 feet; THENCE S 0°15'23" W, along the West line of said Tract "A", a distance of 304.40 feet to a3/4" iron pipe found at the Northeast corner of that 4.0 acre tract described in Volume 1870, Page 65 of said records for a corner of this tract; AGREEMENT -SCOTT LABORATORIES, INC. PAGE 2 THENCE S 89041'43" W, along the North line of said 4.0 acre tract, a distance of 375.70 feet to a'/2" iron pipe found at the Northwest corner of said 4.0 acre tract for an ell corner of this tract; THENCE S 0003'49" E, along the West line of said 4.0 acre tract, a distance of 338.88 feet to a '/2" iron rod found at the Southwest corner of said 4.0 acre tract for a corner of this tract; THENCE Northwesterly, along a curve to the left having a radius of 872.07 feet and a chord bearing of N 66012'40" W, a chord distance of 26.42 feet to a '/2" iron rod found for a corner of this tract; THENCE IST 67023'54" W a distance of 420.26 feet to a 3/8" iron rod found for the Southwest corner of this tract; THENCE N 0003'43" W a distance of 333.49 feet to a 3/8" iron rod found in the South right of way line of said Loop 289 for the Northwest corner of this tract; THENCE N 79056'16" E, along said right of way line, a distance of 696.40 feet to a '/2" iron rod found at the beginning of a curve to the right having a radius of 5579.58 feet; THENCE Northeasterly, along said right of way line and said curve to the right having a chord bearing of N 80°10'05" E, a chord distance of 105.05 feet to the POINT OF BEGINNING. 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 construction of a new 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. 2001-RO386 does recognize construction of a new facility as being eligible for tax abatement status; and WHEREAS, the City Council does hereby find that all of the Guidelines and Criteria Governing Tax Abatement, as adopted by Resolution No. 2001-R0386, have been met by Company; and AGREEMENT - SCOTT LABORATORIES, INC. PAGE 3 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 the date of its execution and shall expire and be of no further force and effect after said date. SECTION 2. Base Year. The base year applicable to real property, which is the subject of this Agreement, shall be 2001, 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. 2001-RO386 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 by the Lubbock Central Appraisal District as Block A Section 17 AB 91 Tract B and B3 of the City of Lubbock, Lubbock County, Texas and further described by metes and bound as follows: BEGINNING at a `/2" iron rod found for the Northeast corner of this tract in the South right of way line of Loop 289 at the Northwest corner of Tract "A", Youth Center Addition to the City of Lubbock, Lubbock County, Texas from whence the Northeast corner of said Section 17 is called to bear North a distance of 218.99 feet and East a distance of 1371.66 feet; AGREEMENT - SCOTT LABORATORIES, INC. PAGE 4 THENCE S 0°15'23" W, along the West line of said Tract "A", a distance of 304.40 feet to a 3/4" iron pipe found at the Northeast corner of that 4.0 acre tract described in Volume 1870, Page 65 of said records for a corner of this tract; THENCE S 89041'43'' W, along the North line of said 4.0 acre tract, a distance of 375.70 feet to a 11/2" iron pipe found at the Northwest corner of said 4.0 acre tract for an ell corner of this tract; THENCE S 0003'49" E, along the West line of said 4.0 acre tract, a distance of 338.88 feet to a 1/2" iron rod found at the Southwest corner of said 4.0 acre tract for a corner of this tract; THENCE Northwesterly, along a curve to the left having a radius of 872.07 feet and a chord bearing of N 66°12'40" W, a chord distance of 26.42 feet to a 1/2" iron rod found for a corner of this tract; THENCE N 67023'54" W a distance of 420.26 feet to a 3/8" iron rod found for the Southwest corner of this tract; THENCE N 0003'43" W a distance of 333.49 feet to a 3/8" iron rod found in the South right of way line of said Loop 289 for the Northwest corner of this tract; THENCE N 79056'16" E, along said right of way line, a distance of 696.40 feet to a 1/2" iron rod found at the beginning of a curve to the right having a radius of 5579.58 feet; THENCE Northeasterly, along said right of way line and said curve to the right having a chord bearing of N 80°10'05" E, a chord distance of 105.05 feet to the POINT OF BEGINNING. (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. AGREEMENT - SCOTT LABORATORIES. INC. PAGE 5 SECTION 7. Economic Qualification. It is hereby found by the City that Company will expend funds in excess of the funds necessary to qualify for tax abatement by constructing a new facility, all as set forth in Section IV(3)(b) of the Guidelines and Criteria for Tax Abatement adopted by the City through Resolution No. 2001-R0386. SECTION 8. Value of Improvements. Company intends to expend approximately six hundred fifty thousand ($650,000) dollars in constructing a new facility to be located within the enterprise zone created by Ordinance No. 9591. SECTION 9. City Access to Property. Company covenants and agrees that City shall have access to the property, which is 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 that the improvements are. being made in accordance with the terms and conditions of Company's application for tax abatement, attached as Exhibit "A", and this Agreement. SECTION 10. 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 12. Commencement Date. This Agreement shall commence upon the date of its execution, which date is hereinafter set forth, and shall expire five (5) years after such date. SECTION 13. Type of Improvements. The Company proposes to construct a new facility as described in Exhibit "A". The Company further states that the proposed improvements to the property above mentioned shall commence on the 1 st day of October, 2001, and shall be completed within approximately 180 days from said date. The 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. SECTION 14. 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 15. 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 AGREEMENT - SCOTT LABORATORIES, INC. PAGE 6 property to uses consistent with the general purpose of encouraging development of the enterprise zone during the term of this agreement. SECTION 16. Recapture. The 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. 2001-R0386 of the City Council of the City of Lubbock. SECTION 17. Certification. The Company agrees to certify annually to the governing body of each taxing unit that the owner is in compliance with the terms of the Agreement. SECTION 18. Com lip ance. The City may cancel or modify this Agreement if the Company fails to comply with the Agreement. SECTION 19. Notices. Notices required to be given by this Agreement shall be mailed, certified mail return receipt requested, to the following addresses: CITY OF LUBBOCK City Manager P.O. Box 2000 Lubbock, Texas 79457 SCOTT LABORATORIES, INC. Randall S. Hickle, M.D. 2202 Indiana Avenue Lubbock, TX 79410 AGREEMENT - SCOTT LABORATORIES, INC. PAGE 7 SECTION 20. 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 day of , 2001. SCOTT LABORATORIES, INC. CITY OF LUBBOCK A Municipal Corporation RANDALL S. HICKLE WINDY SITTON PRESIDENT MAYOR ATTEST: ATTEST: Vanessa Reasoner Rebecca Garza Controller City Secretary A ROV D AS TO CONTENT: 'chard Btirdine Assistant City Manager APPROVED AS TO FORM: Donald G. Vandiver First Assistant City Attorney CB: October 11, 2001 G:/tax abatement/Scott Labs/Scott Labs Agreement.doc AGREEMENT — SCOTT LABORATORIES, INC. PAGE 8 EXHIBIT "A" Resolution No. 2001-RO482 Laboratories, Inc. 2202 Indiana Avenue Lubbock, Texas 79410 RECEIVE SEP 2 4 2001 BUSNU$ DEbEL ME T Industrial Tax Abatement Application Page 1 of 1 APPLICATION FOR INDUSTRIAL TAX ABATEMENT IN LUBBOCK COUNTY FILING INSTRUCTIONS: This application must be submitted to the appropriate taxing jurisdiction before any construction begins to be eligible for tax abatement. This filing acknowledges familiarity and assumed conformance with "GUIDELINES AND CRITERIA GOVERNING TAX ABATEMENT FOR SELECTED TAXING UNITS CONTAINED WITHIN LUBBOCK COUNTY" (Copy attached). This application will become a part of any later agreement or contract, and knowingly false representations thereon will be grounds for the voiding of any later agreement or contract. ORIGINAL COPY OF THIS APPLICATION AND ATTACHMENTS SHOULD BE SUBMITTED TO: City of Lubbock Business Development Department P.O. Box 2000 1625 13th Street Lubbock, TX 79457 (806) 775-2019 Section I — APPLICANT INFORMATION Date of Application: September 24, 2001 Applicant Name: Randall S. Hickle, M.D. Company Name: Scott Laboratories, Inc. Address: 2202 Indiana Avenue, Lubbock, TX 79410 Phone: (806) 785-0077 Fax: (806) 785-5035 Applicants Representative on this Project: Name: Vanessa Reasoner Address: 2202 Indiana Avenue, Lubbock, TX 79410 Phone: (806) 785-0077 6X7— 116 - Type 1lr Type of Ownership: [ X ] Corporation [ ] Partnership [ ] Proprietorship Industrial Tax Abatement Application Page 2 of 2 Total Current Number Employees: 14 Corporate Annual Sales Per Year: 3 million dollars Annual Report Submitted? [ ] Yes [X ] No Section II — FACILITY INFORMATION Place a check mark on those statements which are applicable to your company: (a) This application is for a: [X] New Facility [ ] Expansion [ ] 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 [X] Med Tech Research/Manufacturing/Assembly [ ] Aviation/Avionics Production/Rehab [ ] Warehouse/Distribution [ ] Corporate Headquarters of a Regional/National Service Center [ ] 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) [X] 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 [X] 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: [X] 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 Industrial Tax Abatement Application Page 3 of 3 (h) Address of proposed facility: 2715 North Loop 289 (i) Legal description of proposed facility: See enclosed deed 0) The proposed facility is located in: School District: Lubbock ISD City: Lubbock, TX (k) Describe product or service to be provided: Medical technology research and development company for new medical technologies. Active projects include technologies for management of fear and pain, temperature, and obesity. Objective in each field is to produce new technologies that deliver greater value and benefits at a reduced cost. The company researches the market need, develops the technology, designs for manufacturability, assembles prototype devices, conducts clinical testing and then sells or licenses the technology. Section III — FACILITY DESCRIPTION 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: l) 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 Industrial Tax Abatement Application Page 4 of 4 (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). Section IV — ECONOMIC IMPACT INFORMATION Part A — Current Investment in Existing Improvements: - 0 - Part B — Permanent employment estimates: 1) If existing facility, what is the current plant employment: 14 2) Estimated number of new jobs to be created and time frame for creation of jobs: New Jobs None Time Frame 3) Opening of improvements: (Month) = 2 of (Yearx 2002 Part C — Permanent Payroll Estimates: 1) If existing facility, what is the current plant payroll: one million annually 2) Estimated amount of new payroll: no change Part D — Construction and Employment Estimates: 1) Construction start: Month 10 Year 2001. 2) Number of construction jobs: At Start 8 , Peak 20 , Finish 10 3) Number of man-years: NA Part E — School District Estimates: Give Estimated number of: Families transferred to area: NA Children added to ISD's: NA Industrial Tax Abatement Application Page 5 of 5 Part F — City Impact Estimates: 1) Volume of treated water required from City: 161 gallons/day 2) Volume of effluent to be treated by city: NA gallons/day A septic system will be installed.. 3) 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 started? Yes X No Part — Estimated Appraised Value on Site: Value of Existing Facility Before Land Personal Property Im rovements New Construction (from Central $13,416 $500,000 0 Appraisal District Value of New Improvements NA $650,000 Estimated Total Value After fNA Im rovements 16 $500,000 $650,000 Part H — Variance: (a) Is a variance being sought under Section IV 9(d) of the "Guidelines"? [ ] Yes [X] No (c) If "Yes", attach any supplementary information required. NA Section V — OTHER AGREEMENT APPLICATIONS (a) Has applicant made application for abatement of this facility by other taxing jurisdictions or counties? [ ] Yes [X] No (b) If "Yes", please provide: Dates of Application: NA Hearing Dates: NA Name of Jurisdiction(s): NA Name of Contact(s): NA Attach any letter of intent to abate. NA Industrial Tax Abatement Application Page 6 of 6 Section VI — DECLARATION To the best of my knowledge, the above information is an accurate description dr project details. Company Official Signature Randall S. Hickle, M.D. Printed Name of Company Official President Title of Company Official REcurn to: Scott Laboratories;2202 Indiana Ave.Lubbock, Texas 79410 GF#00-3.1098 gW 31621 Resolution No. 2001-RO482 DEED WITHOUT WARRANTY YO(.7264pAGF 68 Date: September 5, 2001 Grantor: LUBBOCK COUNTY, TEXAS Grantor's Mailing Address: Grantee: SCOTT LABORATORIES, INC., a Texas corporation Grantee's Mailing Address: 2202 Indiana Ave. Lubbock, Tx. 79410 Consideration: TEN AND N0/100 DOLLARS ($10.00) cash and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged. Property (including any improvements): A tract of land located in Section Seventeen (17), Block A, T. T. Railroad Company survey, Lubbock County, Texas, being that tract of land described in Volume 2640, Page 323 of the Real Property Records of Lubbock County, Texas and being further described by metes and bounds as follows: BEGINNING at a %11 iron rod found for the Northeast corner of this tract in the South right of way line of Loop 289 at the Northwest corner of Tract "A", Youth (-"enter Addition to the City of Lubbock, Lubbock County, Texas from whence the Northeast corner of said Section 17 is called to bear North a distance of 218.99 feet and East a distance of 1371.66 feet; THENCE S 0015123" W, along the West line of said Tract "A", a distance of 304.40 feet to a %" iron pipe found at the Northeast corner of that 4.0 acre tract described in Volume 1870, Page 65 of said records for a corner of this tract; DFIDIdIAOPrNARR O PAGE 1 YOL 7264PAGE 69 THENCE S 89041'43" W, along the North line of said 4.0 acre tract, a distance of 375.70 feet to a 1/2" iron pipe found at the Northwest corner of said 4.0 acre tract for an ell corner of this tract; THENCE S0003149" E, along the West line of said 4.0 acre tract, a distance of 338.88 feet to a %" iron rod found at the Southwest corner of said 4.0 acre tract for a corner of this tract; THENCE Northwesterly, along a curve to the left having a radius of 872.07 feet and a chord bearing of N 66012140" W, a chord distance of 26.42 feet to a 1/2" iron rod found for a corner of this tract; THENCE N 67023154" W a distance of 420.26 feet to a 3/8" iron rod found for the Southwest corner of this tract; THENCE N 0003143" W a distance of 333.49 feet to a 3/8" iron rod found in the South right of way line of said Loop 289 for the Northwest corner of this tract; THENCE N 79056116" E, along said right of way line, a distance of 696.40 feet to a %" iron rod found at the beginning of a curve to the right having a radius of 5579.58 feet; THENCE Northeasterly, along said right of way line and said curve to the right having a chord bearing of N 80010'05" E, a chord distance of 105.05 feet to the POINT OF BEGINNING (the "Property"). Exceptions to conveyance: This conveyance is made and accepted subject to the following matters: 1. Easement granted to WEST TEXAS GAS COMPANY by instrument recorded in Volume 254, Page 483, Deed Records of Lubbock County, Texas. 2. Easement granted to the CITY OF LUBBOCK by instrument recorded in Volume 448, Page 458, Deed Records of Lubbock County, Texas. 3. Easement granted to THE TEXAS PIPE LINE COMPANY by instrument recorded in Volume 586, Page 225, Deed Records of Lubbock County, Texas. DEEDW PHARPUf1' Pff..2 von 7264PAGE 70 4. An undivided 1/2 interest in all of the oil, gas, and other minerals, in, on and under the Property, previously reserved by instrument recorded in Volume 217, Page 256, Deed Records of Lubbock County, Texas. 5. Oil, Gas, and Mineral Lease, dated January 28, 1954, as shown by instrument recorded in Volume 20, Page 535, Oil and Gas Lease Records of Lubbock County, Texas. 6. Oil, Gas, and Mineral Lease, dated May 6, 1957, as shown by instrument recorded in Volume 26, Page 13, Oil and Gas Lease Records of Lubbock County, Texas. 7. Oil, Gas, and Mineral Lease, dated May 5, 1957, as shown by instrument recorded in Volume 26, Page 18, Oil and Gas Lease Records of Lubbock County, Texas. 8. Easement, granted to SOUTHWESTERN BELL TELEPHONE COMPANY in the Northwest corner of the Property, by instrument recorded in Volume 4035, Page 248, Real Property Records of Lubbock County, Texas and as shown on Survey, dated May 24, 2001, by ROBERT L. SMITH, Registered Professional Land Surveyor. Grantor, for the consideration and subject to the exceptions to conveyance, conveys to Grantee the property without warranty, express or implied, statutory or otherwise, and all warranties that might arise by common law and the warranties created by Section 5.023 of the Texas Property Code (and all amendments and successors thereto) are expressly excluded. When the context requires, singular nouns and pronouns include the plural. EXECUTED this 0_1 day of 2001 to become effective as of the date first a ove written. LUBBOCK COUNTY, TEXAS J-- A NES KITTEN, COUNTY COMMISSIONOR, LUBBOCK COUNTY, TEXAS, DULY AUTHORIZED BY COUNTY COMMISSIONER COURT, LUBBOCK COUNTY TEXAS W MoorwAM PAff 3 THE STATE OF TEXAS § COUNTY OF LUBBOCK § VOL 7264PAGE 71 Before me< L L4 .i' �C, „La,, on this day personally appeared JAMES KITTEN, COUNTY COMMISSIONOR, LUBBOCK COUNTY, TEXAS, DULY AUTHORIZED BY COUNTY COMMISSIONER COURT, LUBBOCK OC��COUNTY TEXAS, known to me OR proved to me on the oath of mu I OR through to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same on behalf of LUBBOCK COUNTY, TEXAS for the purposes and consideration therein expressed. Given under my hand and seal of office this �� of �-i -L ^- �_._, , A.D., 2001. day fay Pva •<, GAIL WiLCOXBON u � Notary Public, Stait of T-nas My Commission Expims 0"T'2004 FILED FOR RECORD 10 P 2:1-1 2001,St L A��q COUNTY CLERK. LUSSOCK COUNTY. TEXAS lO M!♦lOUf WRkM MA6E4 Notary Public, State of Texas SEAL STATE OF TEXAS COUNTY OF WBBOCK I hereby Wy dW this troths *m ryas FRM on the oats and at the *M sten W hereon by me and was duty RECORDED in the Volume and Page of the OftW Rae! Prapektf Records cf Lubbock CokxMy, Texas as stamped hereon by me. SEP 10 2001 t1 f� /_yiy/Nr.Cf mm �y 0� UHM= COUN 1, TEES Industrial Tax Abatement Application Page 7 of 7 Attachment 1 Scott Laboratories, Inc. has a research and development agreement with a large medical device manufacturer in Cincinnati, Ohio. They will pay Scott Labs three million dollars $3,000,000.00) per year during the period beginning January 1, 2001 and ending upon the termination of the development agreement for services rendered by Scott Labs under the development agreement. The initial term of the development agreement is three (3) years and a minimum payment to Scott Labs of nine million dollars ($9,000,000.00) is guaranteed. Scott Labs cannot reveal the identity of the medical device manufacturer due to contractual obligations. Industrial Tax Abatement Application Page 8 of 8 Attachment 2 General Description: a. Construction of a new research and development facility located at 2715 North Loop 289. b. Descriptive list of the improvements for which tax abatement is requested including: 1. Site preparation on approximately 5.59 acres located at block A section 17 AB 91 tracks B and B3. A 20,000 square foot single story building for offices and shop space will be constructed to include the required parking. Landscaping will also be performed as required. 2. New Equipment: none c. The list of Tangible Personal Property located in our existing facility is enclosed. d. A Gantt chart showing the proposed timeline for undertaking and completing the improvements is enclosed. b Taas Nava Dualon Stag FMbh .Odbba .,, .„. -. Nom dm OamiDr F 99. 9!18 92d 930 10+7 I IGM4 1021 I IOM 1 11/4flnt 11118 11!15 17121 179 117116 I2M 17/30 im 1113 i/1D lq7 7/3 1 SIM Wwk 9d Mm 9 /7101 Thu WZM Mm1R602 2110 7117 2 Watklnp on.WW Sd 164MOM7101 I'll"O1 WawMp 2d 3 Orta SUM Id Fd021101 F682101 fatdM Stow 4 Su16q Pw 10d Mm 92401 Fd 1OSO1 ago" q IS a CwwwFooww 101 MoeIMM Fd IOM21M t5p; s[t 'CanO_. ...�....�...,..... ita F°°tNg: 0 A1 Pknbkip 5d Mae tOW Fd 10'12011 RA Pktt bkV 7 Under SM Eloablaw 3d Wad ICAM 1 Fd 10H90I 0 RJ. ElaelrlEal t Caoaob ISM 22d Mee IGIM Tm 1111301 Mm 1/7102 TtM 111502 I SDI y id Fd 110001 Fd1173001 Mm 1M= Fd2M= de 10 croak-fiMw Daioory 11 S” ElootmWI 25d Fd t173WI Thu Umm Pa i Stow Er dlae 11 Wkwims a Fid. Daaro 5d Moe 1,7102 Fd 1111102 w doao a 0. 12 Mawoy M Wd 12rMI Thu 11002 Thu 711402 [ Y 13 SkuaWM SWI 3d Fd IAV2 TM IM= � t/u 60ru�witaal 14 cor-Ift fod dodo Id Wd 1907 Wd ISM Task ® � RaMd Up Chat Tai .. Ptolrx Saes lab athodiao4faaM Dwa TwGM$01 Cftkw Taut Sulottay Coot: roof daaY 15 SW SW Ftataq 3d Thu 17aW Mee 1/M Rold Up Tack Rebd Up P.W. S Q SMw Abid R—W 10 Mtaa111ott 5d Fd l/l UM Thu 1117,M Nta/wloa , 17 R.I. EMebtW - WW a Roof lad Thu 1002 Wd 1nSM R1 FJaeOleal altaAs l Roof It Pho ftp SMdt Ott 4d TWIMM Fd 1111102 P1m9ftack fat 1/ HVAC -Roof Cubo 3d Thu 17302 Mon 1,7@ HVAC -Roof Cutbo m HVAC • Duct Wok a UNb 10d Thu 1117102 Wd 1!.!102 +!+-:-- �::>--::::: iWAC-oua watau 21 MY." 3d Mm MIR402 Wd 111602 ©DtYwd 22 r.B.T.a Psw-ey Owner 100 Thu fn 702 Wed 17.1002 TBT, a Pakd .8y Ow 23 Ytatat Daae i MYMak 3a Man 1M)02 Wd 1!!302 lowwl Dopa a MWwmk Task ® Well" Roled Up Cuter! Tock Ptalaat 6aatl lab Sahatkio.Adadta . _. .:..:_.:a. Dade: TM Onso CrOui TW SUMR-Y ^ Rood Up MMwwa Q Ptapaso ® Robd Up Task Raid UP Propass _ _... . Smit labaoeaim Popo t D Tai Nair Dttrollon ifatt . t19 ., 921 Otdabr NeoarMor OoeonWor 9110 107 IOn4 1021 10!16 11/1 11111 11na 11/b tYt 12/9 17116 1721 17/30 118 1113 170 1717 ?A 2nD 7117 ?4 Camtta TM Sd Mm1R602 Fd 7111@ . Caoalda TW 2I 89 PkbrMV Fbdur 2d Mm 2MW Tuo 2/502 ago" q IS Ebaklral him 10d Thu 1/81102 Wd2n302 27 IMM TOM Pat i Am— 2d Fd 211102 Men 71402 kWM Tdiw Pott nEtdotler cow" 7d Mm 1/7102 TtM 111502 Efddm Catteaob b pa"IOd Mm 1M= Fd2M= de FYal t7ootlupL Pund1 Sd nOM4M Wd2MW Pa F 11 FkdC&yBL"V'rpecOm 1d Thu2/1402 Thu2/1402 Yu u Ctyd..—C.O. Id Thu 711402 Tku2n402 � t/u Task ® � RaMd Up Chat Tai .. Ptolrx Saes lab athodiao4faaM Dwa TwGM$01 Cftkw Taut Sulottay ^ Ratd Up M%d. 0 Ptapaso Rold Up Tack Rebd Up P.W. S 8aat labaolalr Pogo 2 Attachment 2 Scott Laboratories. Inc. Tax Property Detail For the Year Ended 12/31/00 Date In BOY Accum. Current Year EOY Accum. Description Service Cost Depreciation Depreciation Depreciation Filing Cabinet 6/23/00 846 - 151 151 Electric Range. Range Hood. Hood Filter 12'7'00 750 - 38 J8 Freezer 1217/00 585 - 29 29 Office Server 1121/00 2,249 - 787 787 EZE Magnetized Workstation Desk 915i00 522 - 78 78 Conference Phone wi External Microphones 9/27,'00 1.217 - 130 130 Canon IR 330S Copier 11/7,100 8,465 - 423 423 Single Board Computer - No Drives 2/10/00 5,428 - 1,900 1.900 Drives for Single Board Computer 2/10/00 1,090 - 382 382 Single Board Computer - No Drives 2/26/00 41.937 - 1,727 1.727 Single Board Computer - No Drives & Accessories 3/3/00 8,470 2,964 2.964 HP Laptop Computer 3/29/00 2.826 - 989 989 Epson Overhead Projector 717/00 5.799 - 870 870 Back-up Exec Server, Onstream SC30 9/5/00 1.057 - 159 159 Sony VAIO Laptop Computer 9/5/00 4,295 - 644 644 Modified BCI 3404 AutoCorr Boar&Prototype 3/17100 1,693 593 593 DMM-32 :X`T I6. bit Analog 1/0 PC/104 Module 3/20/00 4.481 - 1,566 1.566 SamsungLTM150XS-T01 3/23/00 3,288 - 1,150 1.150 Hard 2 Pump 3/30/00 4,750 1,663 I.663 ECG/Sp02 OEM board 5/8/00 2,796 - 700 700 Reconditioned HP audio oscillator & distortion analvzer 6/12100 1,717 - 429 429 OEM sidestmam module 6/20/00 1.690 422 422 Sidestream module 8/21/00 845 - 127 127 LPKF AutoContac Thru-Hole Plating System 8/28/00 2.956 - 443 443 Model X1003 Oxygen Sensor 9/25/00 731 - 110 110 Samsung LTM LCD Flat Panel 10/51,00 836 - 42 42 AS2000 BIS Monitoring System 10/17/00 11,000 - 550 550 Fast 02 Sensor 10/17/00 1.461 - 73 73 Advanta¢e 9861 Patient Monitor 10/26/00 3,704 - 185 185 Machine Tool: Jointer 11/8/00 449 - 22 22 Machine Tool: Belt Sander 11/8/00 449 - 22 22 Machine Tool: Bead Blaster 1118/00 449 - 22 22 Machine Tool: Vertical Band Saw 11/8/00 1,796 - 90 90 Air Compressor 11/8/00 898 - 45 45 Big Lathe 11/8100 8.980 - 449 449 Mig Welder l Iib/00 1.078 54 54 Tig Welder 1118/00 1,347 - 67 67 Tool Cutter 11./8/00 25.143 - 1,257 1,257 Small Lathe 11/8/00 3.592 - 180 180 Surface Grinder 11/8/00 4.490 - 225 225 Horizontal Mill 11/8/00 5,388 269 269 Vertical Mill 11/8/00 10.776 - 539 539 Table Saw 1118/00 1,257 63 63 Lathe Tooling I V9.100 898 - 45 45 Chop Saw 11,18100 673 - 34 34 Printed Circuit Board Design Layout 11/14/00 7.033 - 352 352 Module, CO2. with Pump Assembly & OEM Evaluation Kit 11/27/00 1,050 - 53 53 Stratysis Prototyping Machine 12/12/00 131.579 - 6.579 6.579 Replacement of Water Heater 3.550 - 87 87 Total in Service 2000 301.359 - 29,778 29.778 Attachment 2 Scott Laboratories, Inc. Ta: Property Detail For the Year Ended 12131/00 Date In BOY Accum. Current Year EOY Accum. Description Service Cost Depreciation Depreciation Depreciation Fast Sign Sian in Front of Building 3/24,99 1.049 150 257 407 Desk & Chair for Controller; Office 10/6199 1,530 219 -3,75 594 8 Port Communication Card 3/11/99 761 152 244 396 Supermax Computer System 7/13/99 1,330 266 426 692 NECX Computer System 7/13:99 1,253 251 401 652 15" Flatscreen LCD 10/13/99 971 194 311 505 MarkGarner9/99 Statement 10/13;99 771 154 247 401 HP Desktop for CEO 10/21/99 1,305 261 418 679 Cisco 820 Router 11/5/99 1,024 205 328 533 DevPartnerStudio SoRware 11/16/99 3,414 1,138 1.518 1656 HP Laserjet 4050 Printer 1217199 1,623 324 519 843 K7 550 Mhz Computer w/ 128MB RAM 12/13/99 925 185 296 481 Dell 466 bAtz Celeron Computer, 12/13/99 1,289 258 412 670 Dell 466 Mhz Celeron Computer 12/13/99 7,529 1,506 2,409 3.915 Yamahoa SCSI Drives 4/15199 1,251 250 400 650 450119iz Computer System 4/15/99 8,798 1760 2.815 4.575 Sony 19" Monitor 4/15/99 2,419 484 774 1.258 Hp Laserjet 4000 TN 4/15199 1,550 310 496 806 Blackboard 8 -Pat Serial Comm. Board 5/12/99 613 123 196 319 Sonv DSR -20 Digital Video Camera (net of theft) 526/99 2,906 581 930 1.511 Dell Dimension XPS Computer 6/16/99 2,645 529 846 1.375 21" Computer Monitor 6/16/99 1,805 361 578 939 BCI 3404AutoCotrBoard 3/17/99 15,102 3,020 4,833 7.853 Airman Custom Gas Manifold 323/99 6,148 1,230 1.571 2.801 Airman Custom Gas Manifold 323/99 4,909 982 1,967 2,949 Digitlow Gas Flowmeter 7/7199 792 158 253 411 Colin Medical 9861 NIBP Monitor 729199 3,435 687 1,099 1.786 Switching Systems F6 -B8 -B8 729/99 1,315 263 421 684 Labview Full Development System 8/12(99 2,158 432 691 1.123 Mada Jet XL Media Injector 8/12/99 634 127 203 330 Harvard 2 Pump 820199 4,809 962 1,539 2,501 Digital CamcorderDCR-VX1000 10/6/99 3,750 750 1,200 1.950 HC12 Software Package 127)99 3,600 1,200 1,600 2.800 Fluke 45 Digital Muttimeter 12/13;99 737 148 236 384 HiWare C++Macro Assembler 12/15,99 12,175 4.058 5,412 9.470 Heater'Air Insulator 820/99 1,200 12 31 43 HVAC Installation 5/5/99 1.330 21 34 55 Electrical Wiring - Lamm Electric 5/5/99 4,422 71 113 184 Gerald McCllaren-Construction 5/18/99 2.511 40 64 104 Mike Board - Construction 6/2/99 724 10 19 29 HeaterAir Conditioner Installation 11/10/99 560 2 14 16 MSDN Subscription 8;12199 565 188 251 439 C+— & Java Developer Software 9/1/99 2,895 965 1.287 2.252 Exchange Server 5.5 9/17/99 1,823 607 810 1.417 Dynamics Accounting Software Upgrade 1028/99 1,656 552 736 1,288 MSDN Subscription 4/15/99 969 323 431 754 C+- & Java Developer Software 6/16199 968 323 430 753 Total In Service 1999 125,948 26.792 30.44167.233 Lab Computer 1 1/151,98 1,401 728 269 997 Lab Computer 2 3/16198 1.427 742 274 1.016 Various Video Components 5/7/98 2,318 1.206 445 1.651 Pentium 11 400 Processor 92198 655 341 126 467 Blackboard -8A Comm Port Board 9/2198 626 325 120 445 Altachmerd 2 Scott Laboratories. Inc. Tax Property Detail For the Year Ended 12/31/00 Date In BOY Accum. Current Year EOY Accum. Description Service Cost Depreciation Depreciation Depreciation Oscilloscope upgrade Module 1219/98 602 313 116 429 Microphone 10/22/98 1.032 536 198 734 National Inpatient Profile Software 4/29198 5,954 4,631 882 5,513 NMG DevPartner Studio Software 9/2/98 1,741 1,354 258 1.612 Office 97 Standard 95/NT Software 9/7/98 592 460 88 548 Office 97 Pro 95/NT Software 9/7/98 592 460 88 548 Microsoft Developers' N'etvmrk Software 9/2/98 2.190 1,702 324 2.026 Rational Rose Visual Test Software 9/298 7,793 6,061 1,154 7,215 Microsoft Visual Studio v6 Pro Software 10/8/98 1,504 1,170 223 1.393 Real -Time Graphics Software 1219/98 961 747 142 889 BMC -202 Upgrade Software: 12/9/98 538 418 80 498 Total In Service 1998 29,926 21,194 4,787 25,981 Eiki Video Projector 5/2/97 7,904 5,101 911 6.012 Dell 166 MMX Laptop Computer 5/7/97 5,246 3,385 604 3.989 Hita 133 MHz Laptop Computer 6/7/97 2.700 1,742 311 2 053 Som Digital Video Camera 7/11/97 4,806 3,102 554 3,656 Phone System Upgrade 8/15/97 2,209 1,426 254 1,680 Globe Lighting System 8/26/97 2,333 1,201 291 1,492 Lab Phone System 9/7/97 7,549 3,888 943 4,831 Brother Multi -Function Center 9/15/97 897 462 112 574 Total In Service 1997 33,644 20,307 3,980 24.287 Total for All Property in service on 12/31:00 490.877 68,293 78,986 147.279 Industrial Tax Abatement Application Page 9 of 9 Attachment 3 Enclosed is 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. in m AY — au�.n CP q5l CP CP CP CP wAGT� j .aFa'' vim �y Wns SAMPAft- -OF 3�est fFndwall) Elevation •m► ea W+cm arts rt�y���Zir fro9Fa"aas_ \VLi Fail 4...y •= R' rrr , ..;, 1;,,; r qr " •true �(l, m�ersro.... ' •� id '(., 7'(Ii!f I}i ,( °r( i,l ,l r �l•[r�.:r�� ;rlll Iris" r I( Lii'C`.nt._ +� ''k+'�' _ ! t'..,. y, rel I• r :� I .,I. l NMU- mw— NM ��� ILUX , a» Y YM /wsiW It I -Plan -Shell Build,ff rer. �• ..>••r �REI.IbIDVARY ms ops'' � ar: wrrw PIAN HAS BEEN REDOM AND IS NOT SO WAM ser w . rr BEEN REDU® AND IS NOT TO 51 BREAK AREA 112 WATER UTMITY HEATERS 104 8~ CMUO 18" PLATFORM BY `. DRYWALL CONT. CLEAN-UP - 5 SHELVES PAINT GRADE MEN'S DRESSING 101 WOMEN'S - _ 8~ cMU DRESSING _ •p .' go 107 8" CMU 3SOWEBS tl BENCH BY 102 =SHOWERS LOCKERS 8 OWNER--BENCH BY 103 OWNER ,Q -V ( �r N-CERAMIC CER IC I F, ��ii�L • WOMEN 1 Q 108 �'. I '`.CERAMIC i ( PI1NfR - g '- - - - - - - - - - - KITCHEN s 5 SHELVES PAINT 1 111 GRADE BREAK AREA 112 Industrial Tax Abatement Application Page 10 of 10 Attachment 4 Our proposed improvements at completion of construction will require an investment of $650,000.00 for the building and site improvement. A copy of the Real Property appraisal from the Lubbock Central Appraisal District is attached. Resolution No. 2001-R0482 LUBBOCK CAD Real Property Information Lubbock Account Number: R68160 Cross Reference Number: 00642148 View Tax Information Owner's Name LUBBOCK COUNTY Exemption Codes and Mailing 806 BROADWAY ST Address Ag Use $0 LUBBOCK, TX 79401-3405 .000 Location /A N LOOP 289 Zone 9938 Total Improvement Value Map ID AC 100 17-90091-10500-000 Description Subdiv/Abstract Ind. Subdiv/Abstract No. BLK A SEC 17 AB 91 TR B & B3 A AC 10017 ACS: 5.59 Taxing Entities Land Market Value $13,416 Code Entity Name Tax Rate $0 Deed Date GLB LUBBOCK COUNTY .19170 Deed Volume 2640 SLB LUBBOCK ISD 1.58930 323 CLB LUBBOCK .57000 HSP HOSPITAL DISTRICT .09798 WHP High Plains Water District .00840 Deed Changes as of: 4/6/2001 Data updated on: 5/30/2001 PROPERTY 2000 2000 Certified Value INFORMATION Exemption Codes EXG Ag Use $0 Freeze Amount .000 Total Improvement Value $p umber of Improvements Land Acres 5.59 Land Market Value $13,416 Ag Market $0 Deed Date 9/29/1987 Deed Volume 2640 Total Market Value $13,416' Deed Pae 323 Note: If your value is 0, a change of ownership may have occurred since certification. T.AND TNIMUMATInN LandID TypeCode SPTB Code Appraisal Homesite Eff. Eff. Size- Method Fronta a Depth Acres [::11C Commercial F1 REAL 1 -and COMMERCIAL A Acreage 5.59400 Size - I S ft .00000 Certified History Tax Year 2000 1999 1998 1997 1996 1995 1994 Improvements I J -Land Market $13,416 $13,416 $13,416 $13,416 $13,416 $13,416 $13,.4116 Ag. Land Market TOTAL MARKET $13,416 $13,416E$13,416] $13,41 b $13,416 $13,4 I6 $13,4116 I Land Ag. Use`F---�E FC]CE: 10%Limited J Adjustment F I TOTAL MARKET $13,416 $13,416 $13,416 $13,416 �$13,416 $13,416 $13,416 Exem tions p -EXG EXG EXG EXG EXG EXG EX Special Exemptions 0ver-65 Freeze EAm=nt 5 Freeze -_F7__ Another Search by Short Account Number Another Search by Long Account Number Another Search by Owner'Name Another Search by Address Resolution No. 2001-RO482 BLOCK A SECTION 12 W36 AC OF TR B-1 - - CITY 00642102 6.5 (CITY OF LUBBOCK) 156.8 1 589.62 748.34 • I LOT (CITY OF LUBBOCK),[v 0021 oO. 9 p 0021521 Ary 8 SOUTH 00215W, AC m .. r 00215396 7 , 00213271