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HomeMy WebLinkAboutResolution - 2000-R0405 - Agreement - Sonic - Tax Abatement - 11/07/2000Resolution No. 2000-80405 November 7, 2400 Item No. 34 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock an Agreement and all related documents by and between the City of Lubbock and Sonic, attached hereto and which shall be spread upon the minutes of the council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Passed by the City Council this 7th day of ATTEST: November 2000. wiNDY ,i• O. kaythi6 Darnell, City Secretary g • Q J APPROVED AS TO CONTENT: Z—n)— e'�" - -- - Richard Burdine, Assistant City Manager APPROVED AS TO FORM: G. Vandiver, First Assistant City Attorney RESOLUTION AGREEMENT STATE OF TEXAS COUNTY OF LUBBOCK Resolution No. 2000-R 0405 November 7, 2000 Item No. 34 This Agreement made this 7th day of November , 2000, by and between the City of Lubbock, Texas, a home rule municipality of the State of Texas (hereinafter called "City") and Sonic (hereinafter called "Company"); WITNESSETH: WHEREAS, City did receive from. Company on the 19th day of September, 2000, an application for commercial tax abatement for the construction of a new facility at 103 & 105 North University and 2508 and 2510 V Street which is further described in Exhibit «A„ WHEREAS, upon review of the above application, it was determined that facilities would be located in the Lubbock 2000 North Enterprise Zone designated by City in its Ordinance No. 2000-00032; and WHEREAS, the Guidelines and Criteria Governing Tax Abatement for Commercial Projects in Designated Enterprise Zones in the City of Lubbock was heretofore adopted by Resolution No. 6520 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 312.2011; and WHEREAS, the City did comply with all of the criteria and guidelines for creation of an enterprise zone as set forth in Chapter 2303, Subchapter C of the Texas Enterprise Zone Act, Texas Government Code, having adopted Ordinance No. 2000-00032 of the City on June 8, 2000, which ordinance includes 103 and 105 North University and 2508 and 2510 V Street. WHEREAS, V.A.T.C., Tax Code, Sec. 312.2011 provides 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 Commercial Projects in Designated Enterprise Zones adopted by the City Council by Resolution No. 6520 does recognize construction of a new facility as being eligible for commercial tax abatement status; and WHEREAS, the City Council does hereby find that all of the Guidelines and Cri- teria established for Commercial Tax Abatement within the Enterprise Zones of the City of Lubbock, as adopted by Resolution No. 6520, have been met by Company; and WHEREAS, Company does intend to construct a new facility; and WHEREAS, the location of the existing facility and surrounding real property, which are to be the subject matter of the Agreement, are attached hereto as Exhibit "A", and made a part of this Agreement for all purposes; and WHEREAS, the City Council fmds that entering into this Agreement to abate taxes on the property described in Exhibit "A" will promote high quality commercial development in the City, and enhance economic development within the designated Enterprise Zone; 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: AGREEMENT—SONIC Page 2 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 the Agreement, shall be 2000, 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 hercinabove set forth. SECTION 5. Property Ineligible for Tax Abatement. The property described and set forth in Section N(5) of the Guidelines and Criteria Governing Tax Abatement for Commercial Projects in Designated Enterprise Zones, and heretofore adopted by the City Council by Resolution No. 6520, and incorporated by reference herein as if fully set out in this Agreement is 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 construction to be located at 103 and 105 North University and 2508 and 2510 V Street which is further described in Exhibit "A". (b) All eligible tangible personal property placed in or upon the property set forth in Exhibit "A", which does not include any equipment and personal property owned by the company and already located in the existing facility. AGREEMENT — SONIC Page 3 (c) It is further understood that all items affixed to the 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 sub- paragraph (a) above set forth. SECTION 7. Economic Qualification. It is hereby found by the City that Company will expend funds necessary to qualify for tax abatement by constructing a new facility, all as set forth in Section I7V(9)(a) of the Guidelines and Criteria Governing Tax Abatement for Commercial Projects in Designated Enterprise Zones in the City of Lubbock adopted by the City through Resolution No. 6520. SECTION 8. Value of Im rovements. Company intends to expend approximately three hundred and fifty thousand dollars ($350,000) in constructing a new facility and new equipment to be located within the Enterprise Zone created by Ordinance No. 2000-00032. SECTION 9. Creation of New Jobs. Company agrees within seven (7) months from the date of execution of this Agreement that it will create thirty (30) new jobs within the Company facility located at 103 and 105 North University and 2508 and 2510 V Street and further described in Exhibit "A". SECTION 10. City_Access to Property. Company covenants and agrees that City shall have access to the property, which is the subject matter of this Agreement, 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 commercial tax abatement, attached as Exhibit "A", and this Agreement. SECTION 11. 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% AGREEMENT -SONIC Page 4 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 build 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 Janu , 2001, and shall be completed within approximately three months 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 Us . Company agrees to limit the use of the property set forth in Exhibit "A" to commercial uses as those terms are defined in the zoning ordinances of the City of Lubbock, and to limit the uses of the property to uses consistent with the general purpose of encouraging development of the designated 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 Section VII of the Guidelines and Criteria Governing Tax Abatement for Commercial Projects in Designated Enterprise Zones adopted by Resolution No. 6520 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. AGREEMENT — SONIC 'age 5 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, TX 79457 SONIC Rodney Warren HCR 5 Brownfield, TX 79316 AGREEMENT — SONIC Page 6 SECTION 20. Effective Date. Notwithstanding anything contained herein to the contrary, this Agreement shall not be effective until such time as it shall be finally passed and approved. EXECUTED this 7th day of November , 2000. SONIC CITY OF LUBBOCK iparC rpora n RODNE ARREN WINDY SITT MAYOR ATTEST: ATTEST: Secretary Kayt Darnell, L, -V P, City Secretary APPROVED AS TO CONTENT: Richard Burdine Assistant City Manager iFORM- ... First Assistant City Attorney CAB/G:/Tax Abatemcnt/Sonic/Contract — October 6, 2000 AGREEMENT — SONIC Page 7 EXHIBIT "A" Resolution No. 2000-RO405 APPLICATION FOR COMMERCIAL- TAX ABATEMENT IN LUBBOCK, TEXAS FILING INSTRUCTIONS: This application must be filed prior to the anticipated commencement of construction of improvements or the installation of equipment. This filing acknowledges familiarity and assumed conformance with "GUIDELINES AND CRITERIA GOVERNING COMMERCIAL TAX ABATEMENT" (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" Street Lubbock, TX 79457 (806) 775-2019 Section I -- APPLICANT INFORMATION Date of Application: _09_118 12000 Applicant Name: Rodney Warren Company Name: Sonic Address: HCR 5 Brownfield, TX 79316 Phone: (806) 637-7800 Fax: (806) 637-3501 Applicants Representative on this project: Name: Rodney Warren Address: HCR 5, Brownfield, TX 79316 Phone: (806) 637-7800 Type of Ownership: [ ] Corporation [X] Partnership [ ] Proprietorship Total Current Number Employees: Corporate Annual Sales Per Year: Sonic Application.doc Commercial Tax Abatement Application Page 2 Section II - FACILITY INFORMATION (a) This application is for a: [X] New Facility [ ] Expansion [ ] Modernization (b) Type of Commercial Facility for which abatement is requested: Quick Service Restaurant (c) Minimum economic qualification for tax abatement - place a check beside the statements that apply to your project: [X] Minimum investment at least $250,000 [X] Creation of at least 10 new permanent jobs [X] At least 30% of the new employees to be hired by the business will be residents of any enterprise zone within the governing body's jurisdiction (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) Address of proposed facility: 103 & 105 North University Avenue Lubbock TX 79415 (f) Legal description of proposed facility: Friend Blk 8 of L22-24 and S 50' of E 25' of L21 Friend Blk 8 N 75' of L22-24 and N 75' of E 25' of L 21 (g) Describe product or service to be provided: Retail Food Service Section III - FACILITY DESCRIPTION Please attach the following: Attachment 1 (a) A general description of the improvements to be undertaken (example: build new retail store at 4501 Peach Street and install new furniture and fixtures). (b) A descriptive list of the improvements for which tax abatement is requested, including: (1) cost and 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. Commercial Tax Abatement Application Page 3 II Attachment 2 li (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 3 (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). (c) Information concerning the number of new jobs that will be created or the number of existing jobs to be retained as a result of the improvements undertaken. II Section IV - ECONOMIC IMPACT INFORMATION I Part A — Current Investment in Existing Improvements: $0.0 Part B — Permanent Employment Estimates: (1) If existing facility, what is the current plant employment: NA (2) Estimated number of new jobs to be created and time frame for creation of jobs: New Jobs 30 approx. Time Frame 7 months from application (3) Estimated number of retained jobs: NA (4) Opening of improvements: (Month) April of (Year) 2001. Part C — Permanent Payroll Estimates: (1) If existing facility, what is the current plant payroll: NA (2) Estimated amount of new payroll : $400.000 annually (3) Estimated amount of retained payroll: NA Part D — Construction and Employment Estimates: (1) Construction start: Month January Year 2001_ (2) Number of construction jobs: At Start 1 Peak 30 Finish 0 (3) Number of man-years: Se By: :ONCE=T 3433195; Sep -19-00 ' 1 :54AM; -age � r� Concept Services Food Service Equipment U 1 2 'C3 3100 FAX 512-343.3145 Rcd': Darren EQUIPMENT PACKt GE Q1JCTATICIN SUBMITTED 70: C`o Sonic Offices SH:P TO, 103 N, University Lubbock. TX DATE "ra $eFter-bar QTY TERMS Net on delivery DESCRIPTION JNIT PRICE AMOUNT c:., o Table - 24 x (5J wl �.noar5helf 266.00 X65.00 1 Curl: Taole - 24 x 46 wl usider5heif 240 00 240 00 Fr;nt s°nk - W', 3 compartment underwa.,nter Sir,er King 488 00 485 0'; . ,��intcarCs both ands, faucet, NSF 398 00 398 00 Toc- rail w'3 ea HDpumps. 1 ea. E_010 t:lrladle, 1 ea. Hinged � o 4. Front Sank - 72", 3 comppartir;ent underco.inter 505.00 0.00 C:ain0Q4rCS fa,.cet, NSF 4 deep,ar5, 6 s!ialluw jars 3 F::, t Ccunler - 30 x 105 x 40 w1' 42" coilili,Pler]t bili. f t:t top 7e0 Q'Q 1,1'40.00 1.74 QC Cu14ul for Limp -In Server for, chef left eou,! Ice Caddy Slyle 1 Q 5ij. Cloil Mixer, vanaple speed only, 120V 505 00 2a Crop -;n Server - 4 jar t-ar^i tan Seacr, 275 OC' 275 0; 4 ice C;acdy - 1760, Beige 410.00 41 .00 5 Sof, Se•-ve Vlactime - Freecom 350, Dual Mead, Ca5ter5 12,500 00 42,500 00 Iclav ppll., crater cooled EtectroFreeze 30 -CMT ' Fo.,w-vrette - 27" wl caste -s, 120V 1,76C OC x,78" 00 Sir,er King ra iF,1jwa --e,,le Sr-allware 398 00 398 00 Toc- rail w'3 ea HDpumps. 1 ea. E_010 t:lrladle, 1 ea. Hinged � o 6ottorr ra i w, 5 ea. ICIS, 1 cz taoies 4 deep,ar5, 6 s!ialluw jars 8 7e3 Srew-er wl 2 ea 3 aal reservoir 7e0 Q'Q 78;; 00 Sura T6 1 Q 5ij. Cloil Mixer, vanaple speed only, 120V 505 00 1 C t C 03 t-ar^i tan Seacr, •+'� S.: -:,F +•�f19'l�f4itfl': �iB TERMS. The purchaser aq,ee5 tJ :;Llchase me 40rn6 ,St60 in accordance with the. terrn� and condit,ons 5:2111 (L on 1h9 reverse of 'his dc'c,;,nU'"1 P'"Gtoo by a. .�_ _ - ..-_—_--- Purchassi (t.ign) 4pp^voa _ — Gate Commercial lax Abatement Application Page 4 Part E — School District Impact Estimates: Give Estimated number of Children added to ISD's 0 Part F — City Impact Estimates: (1) Volume of treated water required from City 7.000 gallons per day. (2) Volume of effluent to be treated by City 4,000 gallons per day. Part G — Estimated Appraised Value on Site: LAND Value of Existing Facility Before New Construction (From Central Appraisal District) 27,361 _ PERSONAL IMPROVEMENTS PROPERTY 0 $44.069 11 Value of New Improvements $100,000 _ _$250,000 Estimated Total Value After Improvements 27,361 _$100.000 _ $250,000 Part H — Variance: (a) Is a variance being sought under Section IV 9(d) of the "Guidelines"? [ ] Yes [X] No (b) If "Yes", attach any supplementary information required. 11 Section V - DECLARATION 11 To the best of my knowledge, the above information is an accurate description of ject deta' C2--lZ Co any Official Signature Rodney Warren Printed Name of Company Official Director of Development Title of Company Official 18 Sept 2000 Proposed Sonic Drive In at 103 North University, Lubbock, Texas Attachment #1 A. We propose to construct a building according to Sonic Corp.'s specs, including canopies and drives for use a s a Sonic Drive In Restaurant. B. 1. Cost of the construction will be $250,000.00 to $300,000.00 depending upon subcontractor bids and conditions of site. The existing building will be totally removed, it is over forty years old besides being unsuitable to our needs. B. 2. List of equipment from supplier is attached. C. No equipment or personal property from present use will be retained. D. Proposed start is the first week of Jan, 2001. ,Completion would be 90 to 100 calendar days from start. 3433145; Sep• 13�OU ' 1 :53A:�t; =arta '3 i +I �' Concept Services ly / Feed Service Equipment 12-343-3 I0C FAX r'2-343-3 i 95 Foc Warren EGU'PMENT PACKAGE QUOTATION SUBMITT'EO TO v0 Offices SWIP TO: 103 N. Univers.ty Lubbock, TX DATET1/J September 00 CI IT G'VI N I a DESCrirP710N TERMS: Net on delivery UNIT PRICE 12 MaKeup Tab;e - 30 x 84 - C Storrs Futl unc eWelf , 24' mt. undersrelf sielf on R 48" condirntjnt bin or, left ' 2a 15 x 60 3,111 cversreif vil brackuts tar 48" Cual Mount Hua: Lamp 5h�lveb tr) Le T 1,` ' and 35' above table rub., ousts wl rear of table T" shelf tc have mon,tor bay in center mth bag racks on ea end, b Wa,- ter w.. pump, 120V 12C Dip Cone Wermer, 120V '2d Warmier - Ladle, Ile, 120V ' 2e #10 S! Jar for Warmer 13 I -eat Lam; - 36" st^gle width, 120V (For To Go OrJers) 13 I -B21 Lamp - 48" Dial Mourit , 120V (Wu ld art (iVef: z;trz%lves; 17 Safe KeyrComb.) loci on doer vv1 cash drop d awo• CSS 882020 17 CUnnnrla Rack - 20 x 20 for safe 16 all,Sn Prtacn111+3 - High Ca;ac,ty, casters, r.,arranty, 2C6V l3 pit V'.'ritc" �0`lecj Tayizr 342 �a Aulu-Fn! One $ystertt rCC; .,:! Twit. Kl'. ,IQ LUbf, v. Jr IO'Iylrell title 880.00 710 00 176 CU 11000 140.00 20 00 140.00 330 00 525.00 AMOUNT 580.00 71.CI 352 0: 11.00 IOU 52.01 14J.Uu 660 00 52-00 40 00 40 Or, 7,160.00 7,162 00 445,00 445.00 T1110r6: The pirchaier agrees to purcmese the iterM Latea in aocoroarce with It's 10(r% anc cona,trcns ala:ed cn the reverse Of ihi6 doculrew Prepared oy Pach•aser AzproveA ---- -- _ . Dale __.. . SC -IT By: %NCE=T SERVICES; 3433195; Seip -19-00 '1:55Au; =age 4 1 10 < � <"j ConceptServices Food Service Equipment 512.343.3100 FAX 512-343-3145 RoC Vvatren EQUIPMENT PACKAGE QUOTATION 3 SUBMIT -TED TO c/o Sonic offices SHIP TO: 103 N. Univemly Lubbock, TX DATE: 19 September 00 Net vn delivery TERMS: 07Y ITEM DESCRIPTION UNIT PP10E AMOUNT 1 19 Computer Tab.e • 30 x 60 (for three 3$5.00 '85.00 wolpufers) Full undershelf, security drawer w! lock and cash till, cord hole E 21 Steamer, drawer type, 208V 1,040 0C 2.,180 00 Direct Piped Alafer Supply ROtirlduP M$-255 1 22 Coney Station —able - 34 x 72 Full undershelf & extended intermediate shelf, casters 1,840.00 1,840 00 304 $15 top w/ 5" backsplaV 1 ea. drop-in insulated three comp. ccndiment server on left erxl 2 ea.Y, Pan drop -Ir, Cookers - centereuirl tcp, 120V x 2 1 22a Coney Shelf - 54" wl dividers full length 195.00 195 00 1 22b '&all ShaJ - 14 x 60. S/5 14000 1401 00 1 2 2 c, Smslfriare ^kg for Coney Warmer 90 00 90 00 Z ea, 1/2 x 6" pan wi lid 6 ea 1/4 x n" pans wl slotted lids 1 ea. 1/2 pan perforated divider 1 23 Hot Dcg Corral, 120V 850.00 55000 11 23a Sneezeyuard for HDC 105.00 164 00 1 23b HDC � Coney Bag Shelf - 20 x 33 55000 550.00 1 Z4 Sal; -N -Baa Station - 42", 120V - Custom 1,710.00 1,710 OC Angie mount for carton holders across top 3 2e d FF Cadon Hoiders - 48" 40 00 120 00 :a1 cqV 'oWya(ronl9,oaivII:* fLRMS: The Purch*ater agrees 'o pNChass the items hs'Ed n 9oCCrdance with Ire terms ana con91:10'7s Vatf'(] Or t-4 reverse of this jocjRen, Prepared by Purcnasw isigni Approve _. Date Sul! 9y: '0NCE2' SE^VICES; 3433195; Sep -19-00 , 1 .55A'A; =aae ` f 10 Concept Services Food Service Equipment 512 343,31 co FAX 512.3.6,70 195 Roc 'Narren ECUIPMENT PACKAGE QIJ01";,TI ;•I ;iUBMtIT-7=0 TQ. C/o S:+ni�. Offices SHIP 70. 103 N. Uniyersity Lubbock. TX DATE: 19 Sep;emter Q� I TER IS Net Qr1 delivery QTY. ITElal DESCRIPTION UNIT PPICE 1 25 Ext dLM HJaa - 52" IGrrddle) 2.5G4 00 'deiy I : n l;r.�IIIe. ri:.-i:.effIcieru;y %w internes VU A, piepipeu A'ts,al 65 Exraust Hrro4 - 64" (Fryers) Vei lc+Y profile, High efficinnoy wt internei MIJA, preplped A`lsul 25a Grease R er5, Type I, LL 25b Ductwo:'d PaAage Welddi] 1 b ga. exhaust duct Insu ales: gatva 1lzed supply air plenum Flex curt, collars, dampers straps, taps, I'AUA diffiser(s; 25: Far Package, 1-)O\,'2 ea. UL 762 Unblasl exhaust fans 1 ea. Downblasl Filtered Supply Fan 2 ea. Grease Collection Craps for EF's 25d Roof C'wb Package Z ca. EF curbs 1 t;,a. SF curb 2 e C�I1ir'o? Panel 2af �;•ease G-aros • 6C'" ;:0i Fryers high eff ciency electric 208VI ph , caslers 4 ea Corrl^,riterizeo fr�yyer's a 17 KW 1 ea. Footprint Filter Syslerr. 4 ea, pet ccvers, 2 ea. sediment tray Fryinaster 26a horterJog Shuttle, 5C# capacity 'Nor --ester Industries v1'r.'1FQ LL!i!R V. �ffM1QiR�l1J �'♦ AMOUwr 2..•64 0' 2,79a 00 42C.O� 2,7WCC 58.00 13.880 00 14B.G.- 1,35E 00 29Q,QI 1 v55.0. - 55.0C1.788 1.78800 1 788 V 354 00 1 354.00 420.00 42C.O� 1550 00 1 zoo 0: 13.880 00 13.880 0�C 290 CQ 29Q,QI TERMS; hq purchiser agneas to p'Jr Masa the Rams 116tld m accordance With the ternm and runditiorls VA'ad on Ine reverie Of this loc,meni araperhid by ,4PP oved purchaser (sign, — _. _. Date SeiT By: 'UNC,E=T SE=VICES; 3433195; Sep -19 00 r Concept Services Food Service Equipment 512-343-3 100 FAX 5 i 2-343-3195 Rod Warren EQUIPMENT PACKAGE GUt;'A—ICN } SUBMIT7SO 70. c -c Sonic Offices SHIP 70: 103 N. Unive-sity Lubtbcck. TX DATE 1? September 00 J TERMS INofa- delivoly 1 QTY I TEM DESCRIP71ON I 'Nlr PRiC V 27 #1 Sandwich "'able - 60" 118 pan lop capacity, casters, 120V 1,750.01 McCall 26 Bun Tray Racx, - 3 tier, duubl i wide 255 9( 29 Saramch bag Rack - vertical, two column 240 9( 20 Griddle Stand • 46" (Fol' Garhm) 520 0( 30 Toaster S'.and, healer, 120V 757 0( 31 Swi 7.13`Ier 208V (15 secorts! cycla) 1 Quo U( APV" M-2400 .2 Crawer Warmer, tvet.'dry, 120] Elertrcntc8 crannei Timer Vvirsion CHAP :3 G'idote - 48", gas. Electiorlic Cowrols Rear Grease trough, 2 ea dravve-s Garland 33 Gr della - 48", gas Electronic Controls Infra -red burners, front grease trough Ranki 7 33b wick Disconnect Gas Vose telt - 314" x 48" Dcrmont 36 24"" VVcrktop Freezer, casters, "20V N%c ad 38 FF F'eezer (Glass Mug Froslorl casters beverage -Aire :,F24L liirucga.itsv�i�er'y �pivi�'.e 1,340.00 3.100 00 3.300 00 132.00 1.060.00 1,245.00 AMOUNT -,75C 07 26x.0-. 24:.4r 52:.00 75: 3C 1,40: OC 1,:4;.9;, 3.10ti.00 0� 132.0L. 1,245 W TFIRMS: Trw pu•cnaser agrees to pwrlesa the terra I ated in accorderice with rhe tarmS and Conditiora Valed on the reverse d INS dccurnent. Prsparsc ry �. rurcnaser (sign) .... Approved. _ — —�- Date Suit By: :ONCE=7 SE"v1 Ec; 3433195; Sep -19-00 '1:5iAV; =acre 10 Concept Services Food Service Equipment 512-3.43-3100 FAX 512-343-3195 Rod IVarren EQUIPMENT PACKAGE QLQTATiON 6 SUBMITTED T0: co Sonic Offices SHIP To: 103 N. University Lubbock, TX DATE: 19 September CC QTY. ETEA1 DESCRIPTION 226 00 37 Hand SWK. 3,S, wall mount wv faucet 98.1:0 3E Reach -ii) Re`rigera:or - single section '22 00 898.00 cul door )inged R, cord, casters 236.c0 23600 McCall 11000 3; Reach -in Fr2eztr - single section 7,000 c0 7,60000 11i do'JrS ftt 7yed R. card, casters 'VcCall 4C '•ep Table - 36 x 60 w! bar. splash, a demhelf 42 Tomato Sa:er . 'ile' D u1Ce (;aSlle 43 Onion SI' cer ,V Redco 44e +Nedgemaster - 4 section Redco 44c D.ce Wi:cn -'l4°, 45 Sink, three Compartment w. draln5oafd5 45a Fre-rinse Assy w! faucet 2 46 V,'all Sf1=_If 14 x 48, wire w) brackets 2 46 'Alsh Shelf - 14 x 36, wire vry brac;Ket5 4a Onion Ring Breacer • doubie pass aev,cner wnir 9 j -. w,,ai reclarea iw lie TERMS, Net on delivery UNIT PRICE AMOUNT 140 00 140.00 1,65000 1,660.00 1,990.:0 J 1,990 00 430.00 430.00 228.00 226 00 219 CO 218.00 98.1:0 88.00 122.00 '22 00 898.00 888 00 236.c0 23600 55.00 11000 48.00 8e 00 7,000 c0 7,60000 TERMS: i Mo purcnevtlf agr88t 10 pUr&a60 the items listed in acc=anCe With Ine SQrm s and 00nditions sislao 0n Ihp reverse of the Jocuir enl 0r::.arVC Gy _ Fu•,:naser tsigm A0prCV60 __ --- DM116 ., Sy "'UNtic 4cweil e :2433155; Sep 19-00 '1:57AV; =acn 6,1r+ rF Concept Services Food Service Equipment 512.343.3100 FAX 512-343.3195 Rod Warren EGJIPIVENT PACKAGE QUOTATION! sueM1TTED TCc/o Sonic Offices SHIP TO 103 N University Lubbock, TK DATE: 15 Septamber 00 QTY 1 ITEM 1 3 16 1E 36 �2 1 TERMS Net cn delivery UNIT PRIG 48a E4uipmr;nt Stand - 36 x 36 for double pass QR Breader 440.00 Undershelf, casters 49 Nugget Ice Machine System 6,640 00 2 ea 950tt; tivatar coaled, 2081/1' 1 ph 9000 Big w/ top kit Scotsman 49a Water : ilter System - 3 cartridge 5- ShzlvingfOry Storage - zinc coated 51 24 x �6 sr el ves 5' 24 x 60 shelves 51 24 x 72 shelves 51 Posts - 74", chrome 51 5-c ips 52 ` %/a* -in Caoler / Freezer - i 8 x 9 x 6-6" nominal size Remote condensers (Freezer to be 208V13 ph) 15' Precharged linesets, Both dcors hinged R, Visite exterior 10' Freezer on R, dcooler on L Floor in freezer only w1 nen skid floor strips, &%rGr dpplate cap strip along entire froth to have extended door wr cloarance for, 5r8" tyle floor Doors 1a have 35" alum. Gtic pCate kickparivis it ! cud, 1: umpei5 Kolaah 55 Shriving/Cry S!orage - ecoxy coatod 55 18 x 36 shelves, epoxy r ;�@ WVwr',3ro0hvu1• AMOUNT 440.00 6 84000 580.00 20a.00 512.00 43i OC 285 Oc, 25 63 1 U. y6L.GJ 104 00 TER M3The purchaser a; 10a$ to PLrcha66 1ne irarne 'i sloe in aecordarce wrlh the terrns anC conortrcns s;atr;: cn the favor so c1 this 0ocumeni. Prroaroo Dy. --- _—.._-- Purchaser tsrgnl._ Aoc'wsz: - — � � . � Gate 'j(- 'T }' �vNi:=' S�-/l'« 34301q'5, 19.00 '1''_.iAt4 r1 Concept Services r Food Service Equipment Sit 333- 1Co FAX fiIi-`-31 5 Rcd Almrrm EQUIPMENT PACKAGE •QU0T4TIt N SuBh4;77E,-� Ti}. ;;,o ,port � offl:es SHIFT TU; 103 N 1j^iv8rsitf :LATE. 1� 5eptetllt e: OC Net cr Gj :liver), 1 THMS OT"v I7Eh1 DESCRIPTION UNl t PRICE 4 r r [4 K 3F., 5Wv?S epoxy 32.'.;C 5 L4 k 45 hel'rr<5 erioxy 3? v0 5 G4 A 6D Shek-' s epoxy 44.CC 55 74" :05M, e;oxy 9.�0 S :.lips I 0 + 56 D.,nnage Flack • 24 x 35 55._0 Dunnage Rack • 24 x 48 50,00 "'o -,n, ay4 Rack - 24 x 60 75 w0 "r Mo"il+! "r,,y Racks i? 0 57d mod lq rra'r Flack Covers 54 ;,Q G.; T'icnic Faole - rubbee coated expanded M(rial. 46" x 46" -420 ,,t) 7iJuare'w.' 4 v,a. Derin seats reC W! NnR trame Vveucoiir !0= Oaron,3 ani we ods, pla5lic lrt56t15 SUBTOTAL "'Swi cr.xm,wa nwr'�4ai�l�• ANICt: N 354 rr� L JQ 12'J CQ 1100 64 CC 2 52C G`0 11 4,791,61C TERMS: 'Ihi awrct,um. K9,06a I:1 Lurcthase the Iters ated f', ac:w'l8nC9 wrrr 'he ie'rry and cc^7.ikri8 513tud Un thQ ,ovuo65 of Ihr6 Aocvmyli Sept 8w': "SP1;'E=T : E -Vi CE; ; 24:33155; Sep 19.00 ' 1 :57AM1; -age I'D, 10 Concept Services Food Service Equipment 512-343-3100 FAX 512.343.3195 Roc Warren EQUIDMENT PACKAGE ':�UOTP.T Cl ` SUBMI-7ED TU: ;c Sonic Offices STIP To: 103 N. University Lubbock, TX GATE. Septarruer 00 TERMS. Net on, delivery OTY ITEM) LIESCR,'P71ON UNIT PRICE AVOUN'T EQUIPMENT SUBTOTAL SHIPPING, STORAGE S DELIVERY ,iticludes a7rect 1`0 site frerghf) INVOICES *KAFLCaR09 1 KAFLOR4A TOOL SET w/ 8OX tCrallsrnan) DELIVERY SUPERVISION TOTAL N_4 rncluMog appliCetlo fax as ann :.�a:o'..varrel'�p�rn.Va NIC NX 114 79 8D 4 QO.W i.:,06 10 N/C,. N/-� 121,44.90 TERMS; ',6 p4.'rhasir a9reas ro puruhaSa 'ne ,isms I s+ed w accwdanoe mth the lerrr6 and cnnd hors staled on the reverse o' thri rioewm9nl Preparec oy A.7pMWtl _ Pkjfc'sasar ts+pnl MapQuest -. Map Search Result Page I of 2 Vacation Padcages NN Nv..vl. fjl, I Atrave[scapecorn Business Tra&ermfo l.eisurc, 1110" 1! CtyGuice Mykiapuest I iii'..- iklars 1-1\ in);;'l. � ...i " T r,d !c, Reports ycll-lwit. \khitc PILts Boo)� a% C� .�%!IQViT12 C11111Cf t?,) 1% Map Options • Directions To • Directions From • Printer -Friendly Page • Customize Map • Add Location • E-mail Map • Fax Map ;Download to DA MyMapQuest Options: • Save Map • Save Address View this page with- * Business Traveler Info • Leisure Info MyMapQnest Info IiLl-, !SS S01MIODS Add mans and directions to our comDanv's Web site. Get a New Map Address or Intersection: City: F State/Province: F ZIP/Postal Code - F__ Country: F Map Search Result HELP? 105 N UNIVERSITY AVE, LUBBOCK, TX, US Save this Address Map Lege Cn CC PANNING CLICKING ON MAP WILL: MAP N A Re -center (' Re -center &Zoom In r Move SIZE Location S ED ZOOMING L -In Gut Continent Rea"M city street Use Subject to License/Copya Places of Interest HELP-? Click checkboxes below to show / remove locations on the map. r- Attractions (Landmarks, National Parks, Museums, More... 17- Dining (Fast Food, Fine Dining, Mexican, Italian, More... • Education (K-12, Universities, More... ) • Lodging (Hotels, Motels, Bed & Breakfasts, More... r- Money (Banks, ATMs, More... ) F Recreation (Golf Courses, Ski Areas, Stables, More... r- Transportation (Airports, Train Stations, Bus Stations, More... Update Map I Clear all Places of Interest S L Pc .Imqfreeconnect?width=500&height--300&style=2&level--9&streetaddress=105+N%20UNTVE9119100 Ave,9-2000 10:520 Fror k r m I I 1 1 I 1 I I I 1 I T-519 Q.001/002 "M UNIVERSITY ,25,DC. w �4 -0 Um p"1990< L z �rlAt" r P e,�� �.�p anning armap pn008.dgn ul. 10, 2000 13:08.03 220 221 222 1 7 7 6 6 9 3 3 7 7 3 4 4 223 0 1 1 9 7 3 4 P e,�� �.�p anning armap pn008.dgn ul. 10, 2000 13:08.03 18 Sept 2000 Proposed Sonic Drive In at 103 North University, Lubbock, Texas Attachment 93 A. The cost of improvements will be between $250,000.00 and $300,000.00 depending upon some as of now unknowns - B. Assessed value of improvements, according to LCDD 2000 statement, is $27,361, LCID statements attached. C. Construction will take apx. 90 days, up to thirty people will be on site at various times. The retail unit will have one general manager, from two to five assistant managers, fifteen to twenty full time employees and another twenty to twenty five part time employees. Lubbock CAD Properties LUBBOCK CAIS ,deal Property Information Lubbock Account Number; R112207 Cross Reference Number: 00177150 View Tax Information Owner's Name HALSEY JOHN and Mailing 2708 55TH ST Address LUBBOCK, TX 79413-4910 Location 103 N UNIVERSITY AVE Zone LUBBOCKJX TX Map ID 0038 R293600-00008-00224-000 Description IFRIEND BLK 8 S50'OF L 22-24 & S50'OF E25'OF L 21 SubdiviAbstract Ind. S Subdiv/Abstract No. 11S293600 Taxing Entities Code Name 99 Tax Rate 99 Tax GLB LUBBOCK COUNTY .19170 67.67 SLB LUBBOCK ISD 1.56500 552.41 CLB CITY OF LUBBOCK .58000 204.73 HSP HOSPITAL DISTRICT 09798 34.59 WHP High Plains Water District 00840 2.97 otals: Information updated 08/25/2000 2.4430811 862.3 11 PROPERTY 112000 Certified Value INFORMATION11 1✓xemption Codes Ag Use Freeze Amount .000 Total Improvement Value Number of Improvements 1 Land Acres Land Market Value Ag Market Deed Date /l Deed Volume I ITotal Market Value http://www.lubbockcad.org/LubbockDetail.cfm $25,038 $10,260 $35 Page i of 3 9/19/00 Lubbock CAD Properties Page 2 of 3 lDeed Page IuI Note: Ifyourvalue is 0, a change of ownership may have occurred since certification. E' shmet Xqq IMPROVEMENT INFORMATION ImprovlD TypeCode Homeslte SPTB Code Seg Cnt 1 C Commercial Improvement [�F1 REAL COMMERCIAL SEGMENT INFORMATION Imp ID Seg ID TypeCode Class Effective Yr Bit Area Appraisal MA Main Area 1 R02 Retail Old-Stvle 1964 1,896 =ice Size- AP1 Asphalt Paving LandIDL 111964 2,054 LAND INFORMATION Certified History Tax Year 1999 1998 Appraisal Improvements Eff. Eif. Size- $25,038 LandIDL peCode SPTB Code Method H°mes�te Frontage Depth Acres Size -Sy E:] C Commercial Land F1 REAL COMMERCIAL SFT Square Foot N =EHE40-0:00 10% Limited Adjustment TOTAL MARKET $35,298 $35,298 $35,298 $35,298 $35,298 $35,298 Exemptions IL J� Special Exemptions Certified History Tax Year 1999 1998 1997 1996 1995 1994 Improvements $25,038 $25,038 $25,038 $25,038 $25,038 $25,038 Land Market $ ] 0,250 $10,250 l 0,260 $10,260 $ l 0,260 $10,250 Ag. Land Market TOTAL MARKET IL $35,298 $35,298 535,298 $35,298 $35,298 $35,298 Land Ag. Use 10% Limited Adjustment TOTAL MARKET $35,298 $35,298 $35,298 $35,298 $35,298 $35,298 Exemptions IL J� Special Exemptions hftp://www.lubbockcacLorg/LubbockDetail.cfin 9/19/00 Lubbock CAD Properties Page 3 of 3 0ver-65 Freeze Year 11 1 1 :11 0ver-65 Freeze Amount ======= Improvement Sketch In order to view and print the sketches, you must use a Java enabled browser that supports printing of Java applets, such as Internet Explorer 4.01 OR Netscape 4.03-4.04 with the JDK 1.1 patch OR Netscape 4.05 with JDK built in. Earlier releases of browsers may be able to view but not print the sketches. See )+AQs for more details. Areainiortnadw Hem xxxxxxxxxxxxxxxxaoaoDooLxco=XX Ama 5q it �Wm 79 24 A 24 79 Labels _ C461311611119W. M. iaxtJettJ$i! lig .w..�bar Ft .Another Search by Short account Number :mother Search by- Lung :'account Number :mother Search by Owner Name Another Search by address http://www.lubbockcad.org/LubbockDetail.cfin 9/19100 Lubbock CAD Properties LUBBOCK CAD Real Property Information Lubbock Account Number: 8112185 Cross Reference Number: 00177141 View Tax Information Owner's Name MONTEMAYOR TONY V and Mailing 3712 E 4TH ST Address LUBBOCK, TX 794034707 Location 1105 N UNIVERSITY AVE Zone LUBBOCK, TX Map ID 110038 Description FRIEND BLK 8 N75'OF L 22-24 & N75'OF E25'OF L 21 Subdiv/Abstract Ind. S Subdiv/Abstract No. 5293600 Taxing Entities Code I Name GLB LUBBOCK COUNTY SLB LUBBOCK ISD CLB CITY OF LU13BOCK HSP HOSPITAL DISTRICT WHIP High Plains Water District orals: Information updated 08125/2000 99 Tax Rate i 99 Tax .19I70 69.20 1.56500 565.45 .58000 '209.56 .09798 35.40 .00840 3.04 2-4430811882,71 PROPERTY 112000 Certified Value INFORMATION' Exemption Codes Freeze Amount .000 Ag Use $C Number of Improvements l Total Improvement Value $19,031 Land Acres Land Market Value $17,100 A Deed Date //g Market $0 Deed Volume I Total Market Value 5 X6.1 31 httP://www,lubbockcad.org/Lubbockdetaii.cfm?theKey=Rl 12185 Page I of') 9/19/00 Lubbock CAD Properties Page 2 of 3 Note: 1f_vour value is 0, a change of ownership may have occurred since certification. Shut AffV IMPROVEMENT INFORMATION lmpro—vlD TypeCode Homesite SPTB Code Seg Cnt 1 C Commercial Improvement F F 1 REAL COMMERCIAL L�J SEGMENT INFORMATION Imp ID Seg ID TypeCode Class Effective Yr Bit Area JL' jVVH I Warehouse Hanger 1961 500 LAND INFORMATION Appraisal Eff. Eff. TypeCode SPTB Code HomesiteSize-ScMethod tage Depth[:S�ize- Froi 1 C Commercial FI REAL I SFT SquareIFN COMMERCIAL Foot -IF IF].Oo000 Fii- �Land400.00 httpJ/www.lubbockead.org/Lubbockdetaii.cfm?theKey=Ri 12185 9/19/00 Lubbock CAD Properties -65 Freeze Amount Improvement Sketch Page 3 of 3 In order to view and print the sketches, you must use a Java enabled browser that supports printing of Java applets, such as Internet Explorer 4.01 OR Netscape 4.03-4.04 with the JDK 1. I patch OR Netscape 4.05 with JDK built in. Earlier releases of browsers may be able to view but not print the sketches. See FAQs for more details. Ana hftn nxim Fkm xxaootatx z *a Sq It Flora 50 50 75 0 ro 50 F7 Labels CoWghts 1998. iaxNeWSA Inc Design by FtT Another Search by Short -.Account Number Another Search -by L©pg _Account Number Another Seare by f3-*, ner Name Another Search by Address http://www.lubbockcad.orgiLubbockdetail.cfin?theKey=8112185 9/19/00 EXHIBIT "A" Borrower: Spam, Ltd, (TIN: Lender: WELLS FARGO BANK TEXAS, N.A. 73--14158461 LUBBOCK MAIN OFFICE HC 5 Box 144 (COMMERCIAL LOAN) Brownfield, TX 79316 1500 BROADWAY LUBBOCK, TX 79401 This EXHIBIT "A" Is attached to and by this reference Is made a part of each Deed of Trust or Mortgage, dated September 26, 2000, and executed In connection with a loan or other financial accommodations between WELLS FARGO BANK TEXAS, N.A. and Spsm, Ltd.. The South Fifty Feel (50') of the East Half (E12) of Lot Twenty -One, the South Fifty Feet (50') of Lots Twenty -Two (22) and Twenty -Three (23), and the South Fifty Feet (50') of the West Half (W12) o1 Lot Twenty -Four (24), all m Block Eight (8), F.R. Friend Addition to the City of Lubbock, Lubbock County, Texas, according to the map, plat and/or dedication deed thereof, recorded in Volume 137, Page 225, Deed Records., Lubbock County, Texas, Save and Except the West Fifteen Feet (15') thereof, heretofore dedicated for alley purposes. Property alkla 103 N. University, Lubbock, Texas The East Fifteen Feet (15') of Lot Twenty (20), the West Half (W12) of Lot Twenty -One (21), the North Savonty-Five Feel (75') of the East Half (E12) of Lot Twenty -One (21), the North Seventy -Five Feet (75') of Lots Twenty -Two (22) and Twenty -Three (23), and the North Seventy -Five Feet (75') df'the West Hell (W12) cf Lot Twenty -Four (24), all in Block Eight (8), F.R. Friend Addition to the City of Lubbock, Lubbock County, Texas, according to the map, plat and/or dedication deed thereof, retarded in Volume 137, Page 225, Deed Records, Lubbock County, Texas, Save and Except the West Fifteen Feel (15') of the North Seventy -Five Feet (75') of the East Half of Lot Twenty -One (21'), heretofore dedicated for alley purposes. property a/k/a 2508 1st Street & 105 N. University, Lubbock, Texas The East Three Feel (3') of Loi Nineteen (19) and the Was] Thirty -Five Feel (35') of Lot Twenty (20), Block Eight (8), F.R. Friend Addition to the City of Lubbock, Lubbock County, Texas according to the map; plat andlor dedication deed thereof, retarded in Volume 137, Page 225, Deed Records, Lubbock County, Texas. Property alk1A 2550 Ist Street, Lubbock, Texas THIS EXHIBIT "A" IS EXECUTED ON SEPTEMBER 26, 2000. BORROWER: Spsm, Ltd. By: Rodney W. Warren, General Partner LENDER: WELLS FARGO BANK TTS, N.A. By: Authorized Ofllcer LASER PRO. Rog. U.5.Pat. AT. M,0[1,.Var. 3.26cic)2000 CFIProSarvlces, vK. Aurlgh is reearve a.(Tx-Liao E3.26F3.2628687.LN R25.OVLI