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ITY OF LA PORT~LDUSTRIAL Page 2 . <br />DEVELOP"LENT CORIlICATION • <br />' Application for Financing <br />d. Person to whom questions and correspondence should be <br />directed. <br />Bruce A. Hammack <br />e. dame, address and telephone number of counsel for Applicant <br />(this does not mean bond counsel). . <br />John Armstrong 702 W. Fairmont Pkwy. PH ~~ (713) 471-1886 <br />La Porte, Texas 77571 <br />f. lame, address and telephone number of accounting firm. <br />Bruce A. Hammack, C.P.A. 917 S. Broadway PH ~~ (713) 471-5747 <br />La Porte, Texas 77571 <br />g. Name, address and telephone number for bond counsel (if one <br />has been chosen). <br />Bob Casey S. Tower Pennzoil Place PH ~~ (713) 223-2900 <br />Houston, Texas 77002 <br />2. Descrintior, of Prciect <br />a. Amount of financing applied for: <br />f~6-;$69 rjO0,oO0 <br />b. Total cost of Project: <br />-9~6-;885 1 X000, 000 <br />c. Brief narrative description of the Proiect including whether <br />land acquisition is included and the major compon~rts of the <br />Project, the estimated number and type of new jobs to be <br />created in City of La Porte, Texas by the Project and tre <br />annual payroll of employees working at the Project. <br />Two story, 12,000 sq.ft. Office Building <br />Land aquisition is not included in the amount of financing <br />applied for. <br />The major components of the project are: <br />(1) Construction costs <br />(2) Land costs <br />(3) Attorney's & Application fees <br />(4) Utility fees . <br />The type of jobs that will be created in the city of La Porte, <br />Texas are: <br />(1) Professional ' <br />(2) Office-clerical <br />The annual salaries of employees at the project will be: <br />(1) 20,000 - 30,000 for professional <br />(2) 10,000 - 20,000 for office-clerical <br />The number of new jobs created in the city of La Porte are <br />estimated to be 8-10 professional & 10-15 office clerical <br />