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<br />e <br /> <br />e <br /> <br />Mr. Knox W. Askins <br />Askins & Armstrong, P.C. <br />April 2, 1993 <br />Page 2 <br /> <br />We confirmed with Ms. Ana M. Estrada, Tax Supervisor of the City of La <br />Porte, that the amount of lIin lieull taxes remaining due from FMC Corporation under <br />the Agreement for tax years through and including 1992 is $18,411.10. The breakdown <br />of this amount is as follows: <br /> <br />1. 1990 IIln Lieull Taxes on 64.00-acre tract <br /> <br />Less refund due FMC Corporation for 1989 <br /> <br />$7,914.47 <br />(4.281.27) <br /> <br />Net amount due on 64.00-acre tract for 1990 <br /> <br />$3,633.20 <br /> <br />. 2. 1990 IIln Lieull Taxes on 23.8225-acre <br />tract sold to ARCa Chemical Corporation <br />in 1990 <br /> <br />Total <br /> <br />$3,213.66 <br />$5,441.20 <br />$6.123.04 <br />~18.411.10 <br /> <br />3. 199111In Lieull Taxes on 44.00-acre tract <br /> <br />4. 1992 IIln Lieull Taxes on 44.00-acre tract <br /> <br />We understand from our telephone conference that the Agreement will be on <br />the City Council's agenda for the April 12, 1993 meeting. Mter the Agreement has <br />been executed by City of La Porte, please send two fully executed originals to me. In <br />addition, please send me the receipts evidencing payment of the lIin lieull taxes identified <br />above. <br /> <br />With respect to the Industrial District Agreement matters we discussed <br />relating to the term beginning January 1, 1994, please return to me via our messenger <br />delivering this letter the list of taxpayers in the district{s) and, if you can locate it, a <br />copy of the business cards of the industry representatives in attendance at the meeting <br />on March 26, 1993. <br /> <br />If you have any questions, please call me at (713) 651-5241. Thank you for <br />your attention to this matter. <br /> <br />Very truly yours, <br /> <br />~~ <br />Stephen A. Kuntz <br /> <br />~ <br /> <br />0196498 <br />