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<br />IiU9-OS-9a 12:41P Haw1itH;ll & Patterson <br /> <br />713541990S <br /> <br />e <br /> <br />P.04 <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />'1 <br />I <br />I <br />I <br /> <br />- <br /> <br />I <br /> <br />- <br /> <br />. <br /> <br />. <br />. <br /> <br />Hawes Hill & Patterson Consultants, L.L.P. <br /> <br />Land DevelopmeD~ and City ~lanninq Services and Development Financinq for the <br />p~ivate and Public Sectors <br /> <br />9. A~ nuted in #3 above, the pruject will be developed in pha~es <br />. Dedicalion of land. ifllecessary and appropriate, will be determined based on the tinalland <br />plan and will be negotiated with the City al a later date. <br />. Reimbursements will be sought for those public improvements identified under Chapler <br />311 uf the Texas Tax Code. Since the ftnalland plan has yet tn be completed, <br />reimbursements have not been identitled. <br />. Since the lina11and plan and Preliminary Financing Plan have yet to be completed, we arc <br />not requesting that the City purchase any property at this time. <br />. See above <br />. See above <br />. See above <br />. See above <br /> <br />10. Developer reimbursement would oceur ill the following manner: <br />. As projeCts are C(,lmpleled and TIF revenues arc available <br />. Through the sale of bonds after ~uf1icienl TIF revenues arc available to pay the debt <br />service on the bonds <br /> <br />11. The property that is planned for nin~ holes of golf. would be designed and built by a golf <br />course d~velnpcr, or dedicated as parkland as required by the Zoning Ordinallce. Golfcourse <br />funding willtikely be provided ~; the golf course developer. <br /> <br />12. The expected sales priec for the single family homes would range from $95,000 to $250,000. <br />The Class-A apartmenls would be rcntcd at market rate. <br /> <br />J 3. The projeetcd cost of public improvements is being identified and will b~ included in the <br />Preliminary Financing Plan, which will ht: reviewed by the City staff and Cily Council and will <br />be the basis for the lulure public hearing. <br /> <br />We appreciate lhe opportunity to meet wilh you, City Council and City stall' althe August 10 <br />workshop, to discus!> this exciting development project liJT LaPorte. <br /> <br />Sincere\v. <br />.' <br /> <br />(.. .,::""1, \ <br />". .l.:. _ r? l! ..l..:.. (( ';.-;. <br />David Hawes ,:..J <br /> <br />~~ <br /> <br />Parke Pancrson, Aiel' <br /> <br />Ke.iltlox : <br />11743 W.a~ Bellfo:t No. 309 <br />S~afford, ~exas 77477 <br /> <br />., <br />Location: <br />7324 Southwest Freeway <br />Arena 'l'wo Towe: 1975 <br />Houston, Texas 77074 <br /> <br />(713) 541-0447 <br />(713) 541-9906 (Fax) <br />