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Draft - Subject to charge <br />LA PORTE REDEVELOPMENT AUTHORITY <br />SCHEDULE OF CONSTRUCTION ADVANCE <br />REIMBURSABLE TO PORT CROSSING LAND, LP (DEVELOPER) <br />APRIL 24, 2014 <br />(SEE ACCOMPANYING DISCLAIMER OF OPINION AND <br />EXPLANATION OF AGREED -UPON PROCEDURES PERFORMED) <br />DESCRIPTION <br />City of La Porte, Texas <br />Advance for Construction Costs related to <br />Street Tie -In Project at Wharton Weems and <br />State Highway 146 <br />Amount Paid by Developer <br />TOTAL AMOUNT REIMBURSABLE TO PORT <br />CROSSING LAND, LP AS OF APRIL 24, 2014 <br />Add: Interest Calculated per Agreement* <br />TOTAL AMOUNT PAYABLE TO PORT <br />CROSSING LAND, LP AS OF APRIL 24, 2014 <br />`Interest was calculated at the prime rate of JPMorgan Chase Bank in <br />accordance with the Development Agreement and limited to five years, <br />No additional interest will accrue. <br />REIMBURSABLE <br />COST <br />200,000.00 <br />200,000.00 <br />32,500,00 <br />$ 232,500.00 <br />Schedule 8 <br />Page t of 7 <br />