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<br />REINVESTMENT ZONE FINANCING PLAN <br /> <br />1. A DETAILED LIST DESCRIBING THE ESTIMATED PROJECT COSTS OF THE <br />ZONE, INCLUDING ADMINISTRATIVE EXPENSES AND A STATEMENT LISTING <br />THE KIND, NUMBER, AND LOCATION OF ALL PROPOSED PUBLIC WORKS <br />OR PUBLIC IMPROVEMENTS IN THE ZONE <br /> <br />Table A lists the estimated project costs for the Zone. It is anticipated that the taxing <br />units and developers will advance funds for the public improvements and will be <br />reimbursed as provided in separate agreements and other documentation between the <br />taxing units, developers, the Redevelopment Authority (references made herein to the <br />Authority are made in anticipation of its creation) and the Zone. The infrastructure <br />improvement costs are stated in 1999 dollars and may be inflated by the CPI-U. Line <br />Item amounts may be adjusted with approval of the TIRZ Board of Directors. It is <br />anticipated that the La Porte Independent School District (LPISD) will expend <br />approximately $29.7 million for education related project costs. As provided for in <br />Chapter 311, Texas Tax Code and its participation agreement between the City, Zone <br />and LPISD, the District may expend approximately 43%of its total tax participation for <br />educational purposes. <br /> <br />TABLE A <br />Estimated Zone Project Costs <br /> <br />Non-Education Projects <br />Roadway & Associated Storm Drainage Improvements <br />Powell Road <br />Powell Road South <br />McCabe Road {East of SH 146} <br />McCabe Road {West of SH 146} <br />San Jacinto Street <br />Park Street <br />Bayshore Drive <br />Sens Road <br />Broadway Street <br />Fairmont Parkway Overpass <br />Design and Construction of Sidewalks <br />Sub-total <br />Utility Improvements <br />Design and construction of Drainage <br />Design and Construction of Water Lines <br />Design and Construction of Storm Sewer <br />Design and Construction of Sanitary Sewer <br />Sub-total <br />Conference Center Associated Costs <br />Public Parking Facility <br />Supporting Public Infrastructure <br />Public Landscaping <br /> <br />Estimated Costs <br /> <br />3,000,000 <br />1,170,000 <br />2,200,000 <br />605,000 <br />2,400,000 <br />1,700,000 <br />1,700,000 <br />1,010,000 <br />1,960,250 <br />4,250,000 <br />975,000 <br />$ 20,970,250 <br /> <br />Sub-total <br /> <br />- <br />4,095,000 <br />450,000 <br />1,209,000 <br />2,700,000 <br />$ 8,454,000 <br /> <br />6,500,000 <br />975,000 <br />650,000 <br />$ 8,125,000 <br /> <br />Project Plan and Reinvestment Zone Financing Plan <br /> <br />4 <br />