02-13-1984 Industrial Development Corporation Board of Directors Meeting (2)

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~r t Ci i : Ut Ly rUhYE 1\DUS"I'Ki aL DEVELOP^1E\T CORPORATION' Application for Financing Paoe 3 d. If the Applicant is relying on the "small issue" exemption as the basis for the interest of the bonds being exempt from -- federal income taxes, complete and attach to this application the Industrial 'Development Bond Financing Questionnaire attached to this application as Exhibit A. Any questions in this regard should be addressed to bond counsel (if known). 3. Financial Arrangements a. Summarize the financing arrangements as planned as of this date including name and address of the financial institution(s) (bank, investment banking firm, etc.), if determined, which may be interested in purchasing the bonds if and when such bonds may be approved for sale: (It is the responsibility of the Applicant to arrange for the marketing of the bonds if the financing is approved, with the Corporation's concurrence.) ~ Bayshore National Bank, La Porte, Texas, has expressed an interest in purchasing bonds. b. If the Applicant has credit rating, please state the rating and agency: Dunn & Bradstreet Rating: DD2 c. Explain how the Project will be financed if all or a portion of the amount of the financing applied for herein is denied: Conventional financing will be sought. 4. Financial Statements a. Attach most recent Form 10-K to the Securities and Exchange Commission, together faith the most recent Form 10-Q. OR 1. A brief description of the form of organization and organizational structure, including parent, subsidiaries and affiliates; and 2. A brief statement of the history and type of business engaged in; and 3. The names and ages of executive or managing officers and directors and a brief account of all business experience of each such officer or director, including his principal occupations and employment and the name and principal r'~ -~-e