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• ~~~s~o <br />national B~d6S <br />filbert Q. fields <br />Executive Vice President <br />December 11, 1984 <br />Mr. Bruce A. Hammack <br />832 S. Broadway <br />La Porte, TX 77571 <br />Dear Bruce: <br />This letter is to confirm that Bayshore National <br />Bank is committed in concept to your Industrial <br />Development Bond issue for the construction of <br />an office project located on Fairmont Parkway. <br />Upon receipt of an inducement letter and appli- <br />cation from you, we will issue a commitment letter <br />to you with specific details of our commitment. <br />You should be aware that tax laws relative to <br />IDB issues are ever changing and could affect <br />this bank's ability to price this loan as other <br />historical issues have been. <br />Sincerely, <br />~~~~ <br />Albert D. Fields <br />Executive Vice President <br />ADF/mc <br />1001 Hwy. 146 South ~ P. 0. Box 998 ~ La Porte, Texas 77571 ~ 713/471-4400 <br />