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HomeMy WebLinkAbout1998-07-07-0900AM-Regular• BRAZOS COUNTY BRYAN. TEXAS AGENDA BRAZOS COUNTY COMMISSIONERS COURT ea .111 -? pig 1: 53 THE COMMISSIONERS COURT WILL MEET IN REGULAR SESSION ON TUESDAY, JULY 7, 1998 AT 9:00 A.M. IN THE COMMISSIONERS COURTROOM OF THE BRAZOS COUNTY COURTHOUSE, 300 EAST 26TH STREET, SUITE 115, BRYAN, TEXAS. 1. Invocation - Judge Jones. 2. Pledge of Allegiance - Judge Jones. 3. Citizens input and/or concerns. At this time, the Judge will open the floor to citizens wishing to address the Court on county- related issues not scheduled on the agenda. Please limit subject matter to five minutes. The Commissioners will receive the information, conduct research into the matter. and/or place the matter on a future agenda for discussion. (A record is made of the meeting; therefore, please give your name and address for the record.) Consider and take action on agenda items 4 - 20: 4. Budget Amendment 97/98 -35. . 5. Personnel Action Forms. 6. Payment of Claims. 7. Appointment of Presiding and Alternate Judges for the November. 1998 election. 8. Authorization for the County Judge to sign on behalf of the County for exclusion from the Nasdaq Market Makers Antitrust Litigation. 9. Request by Maintenance to procure architectural services relative to improvements to the Minimum Security Jail Annex. 10. Application for participation in the SLA50 Reimbursement Program for Emergency Management. 11. Approval for payment of invoices for additional architectural services for renovation of the Courthouse: 6a. 51,987.80 to Patterson Architects (February 4, 1998) b. 5875.00 to Ravey, Patterson & Associates (March 2, 1998) c. $523.00 to Ravey, Patterson & Associates (May 7. 1998) d. $1,608.20 to Ravey, Patterson & Associates (May 26, 1998)' 12. Policy and procedures for insurance requirements of sub - contractors and vendors for Brazos County and revise if appropriate. F f z w ".a .f r~ s r; r4 Commissioners Court Meeting Agenda July 7,'1998 Page Two 13. Tax Abatement Agreement between Brazos County and Hy -Line Indian River Company (City of Bryan Reinvestment Zone 6). 14. Tax Abatement Agreement between Brazos County and CSL of Texas, Inc. (City of College Stati 3n Reinvestment Zone 9). 15. Approval of "County Maintained Road Mileage Certification." 16. Permission for Road 8t Bridge to enter Tom Williams' property located off Francis Road for the purpose of stockpiling Grade 4 rock for road construction projects. Site is located in Precinct 2. 17. Request from GTE to relocate buried cable (for Brazos County) in the rights -of -way of Wheelock Hall Road and Locke Road for Wheelock Hall Road improvements project. Site is located in Precinct 2. 18. Authorizing the reimbursement of $375.00 fee to Jack and Edna Irick for Partial Release of Lien of 17.01 acres of land which has been conveyed to Brazos County for Dilly Shaw Tap Road and House Cemetery Road improvements. Site is located in Precinct 2. 19. Requisitions from Capital Projects Fund: a. Video projector and case for Health Department b. GBC binding machine for County Attorney c. Netware software upgrade for Auditoes Office d. Laserjet printer replacement for 85th District Court e. HP Jet direct port for Justice of the Peace, Precinct 3. 20. Approval of the April, 1998 and May, 1998 Treasurers Reports. 21. Call for citizen input. . _ 22. Announcement of interest items and possible future agenda topics. 23. Adjourn. The Courthouse is wheelchair accessible. Handicap parking spaces are available. Any request for sign interpretive services must be made two business days before the meeting. To make arrangements, call (409) 361 -4102. it ()L 14 YA 20 7- { • COMMISSIONERS' COURT REGULAR MEETING JULY 7, 1998 A regular meeting of the Commissioners' Court of Brazos County, Texas was held in the Commissioners' Courtroom in the Courthouse in Bryan, Brazos County, Texas, beginning at 9:00 a.m. on Tuesday, July 7, 1998, with the following members of the Court present: Alvin W. Jone0, County Judge, Presiding; Tony Jones, Commissioner of Precinct 1; Wm. S. Thornton, Commissioner of Precinct 2; Randy Sims, Commissioner of Precinct 3; Carey Cauley, Jr., Commissioner of Precinct 4; Mary Ann Ward, County Clerk. Attached is a list of the citizens and officials in attendance. The County Judge gave the invocation and led the pledge of allegiance. There was no citizen input and /or concerns. The Court next considered Budget Amendment #97/98 -35.1 through 35.4, which would reallocated funds budgeted for Justice of the Peace Precinct 1, Constable Precinct 2, County Attorney and Capital Projects. On motion by Commissioner Cauley, seconded by Commissioner Sims, the Court voted unanimously to approve the budget amendment as submitted, a copy of which is attached hereto. The Court proceeded to consider the change of status of the following employees. NAME Wilbanks, Katheryn Tijerina, Sara McDonald, Natalie Marshall, Wayne Guyton, Terry Mason, Edgar J DEPARTMENT JP 4 361st District Crt JP 6 Road & Bridge Road & Bridge Sheriff's Office 4 � New Employee New Employee Resignation Resignation Termination Resignation On motion by Commissioner Cauley, seconded by Commissioner Jones, the Court voted unanimously to approve the changes as submitted. The agreed salary on the request submitted by Justice of the Peace Precinct 4 is $15,902.06. t,. r_ f t • r s, q t� •4 i The Court next considered the following Claims as submitted by the County Treasurer for payment: 98- 007636 through 98- 007839 on motion by Commissioner Jones, seconded by Commissioner Cauley, the Court voted unanimously to approve the Claims as submitted. 4 On motion by Commissioner Sims, seconded by Commissioner Cauley, the Court voted unanimously to appoint the-following persons as presiding judge and alternate judge for the current voting year at the following voting precincts: Pct # Election Judge Alternate Judge 1 Sylvia Willingham 2/82 Roy Henry 3 4/79 A &B 5 Nora Lee Moore 6 Lois Williams 7 Lola Peterson 8 Karen Tuhkubbi 9 A. J. Bockholt 10 Mitchell Broaddus 11 Jake Canglose 12 Carol 'Pope 13 Pat Allen 14 15 Willie Mae Sisco 16/52 Jo Ann Walker 17/47/48/ 49 Alvin Halbrook 18 Wilbert Mason 20 Majorie Wright 21 H. Alan Montgomery 23 Perian Bishop 24 Majorie Wilkey 25/43 26 Merrill Green 27/75/76 Lynn Mills 62/64/69/ 70 Lambert Wilkes 30/78 Diane Sarver 31 Jean McDermott 32 Harold Albright 33 Ann Claborn 34 Charlotte Bergstad 35 Glenda Baker 36 Thomas Feeeman 37 Wanda Daisa 38/44/46/ 51 39 Linda Middleton 40 Barbara Petty 42/60/77 Loyd Taylor 45/19/66/ 81 George McDonald 53/54/55 Blocker Trant 20/50/56/ 57 Helen Snyder 58/59/71/ 73/83/28 Lou Ellen Ruesnik 61 Jim Gerbig 63 A &B Tommye Randolph I • • 0� The next matter for consideration by the Court was the authorization for the County Judge to sign on behalf of the County for exclusion from the Nasdaq Market Makers Antitrust Litigation. During the period covered by the settlement (May 1, 1989 to July 17, 1996) Brazos County had business dealings with Merrill - Lynch, one of the defendants. However, Brazos County did not experience any losses or other problems during the settlement period on any security purchased. On motion by Commissioner Thornton, seconded by Commissioner Cauley, the Court voted unanimously to authorized the County Judge to sign on behalf of the County for exclusion from the Nasdaq Market Makers Antitrust Litigation. The next matter before the Court was a request from the Building Maintenance Department to procure architectural services for improvements to the Minimum Security Jail Annex. On motion by Commissioner Cauley, seconded by Commissioner Sims, the Court voted unanimously to approve the request from the Building Maintenance Department to procure architectural services for improvements to the Minimum Security Jail Annex. The Court next considered an application for participation in the SLA50 Reimbursement Program for Emergency Management. Commissioner Thornton moved to make application. Commissioner Cauley seconded the motion. After some discussion, Commissioners Thornton and Cauley then withdrew their motion and second. On motion by the County Judge, seconded by Commissioner Sims, the Court voted unanimously to table consideration until a later date. The next matter for consideration was the payment of the following invoices for additional architectural services for renovation of the Courthouse: a) $1,987.80 to Patterson Architects (February 4, 1998) b) $875.00 to Ravey, Patterson & Associates (March 2, 1998) c) $523.00 to Ravey, Patterson & Associates (May 7, 1998) d) $1,608.20 to Ravey, Patterson & Associates (May 26, 1998) �I 1 3 on motion by Commissioner Cauley, seconded by Commissioner Thornton, the Court voted unanimously to pay all invoices. The next matter before the Court was the Policy and procedures for insurance requirements of sub- contractors and vendors for Brazos County and revise if appropriate. On motion by Commissioner Thornton, seconded by Commissioner Cauley, the Court voted unanimously to table consideration until a later date. The Court next considered a Tax Abatement Agreement between Brazos County and Hy -Line Indian River Company d /b /a Hy -Line International in the City of Bryan Reinvestment Zone 6. The tax exemption shall exempt the value of the land, buildings and the other permanent improvements. Under the conditions of the abatement the following rates shall be in effect for the following years: Year of Abatement 1999 70% 2000 70% 2001 60% 2002 50% 2003 40% 2004 30% 2005 20% 2006 10% on motion by Commissioner Thornton, seconded by Commissioner Jones, the Court voted unanimously to grant the tax abatement to Hy -Line Indian River Company d /b /a Hy -Line International. A copy of the Tax Abatement is attached. The Court next considered a Tax Abatement Agreement between Brazos County and CSL of Texas, Inc. for the City of College Station, Texas Reinvestment Zone Number Nine (9). The tax exemption shall exempt the value of the land, buildings and the other permanent improvements. Under the conditions of the abatement the following rates shall be in effect for the following years: Year % of Abatement 1999 90% 2000 80% 2001 70% 2002 60% 2003 00% - - . _-A • • On motion by Commissioner Jones, seconded by Commissioner Thornton, the Court voted unanimously to grant the tax abatement to CSL of Texas, Inc.. A copy of the Tax Abatement is attached. The Court next considered approval of the certification of the county maintained road mileage as submitted by the County Engineer. Richard Vance, County Engineer informed the Court the County maintained 462.4 miles of roads. On motion by Commissioner Thornton, seconded by Commissioner Sims, the Court voted unanimously to approve the certification submitted by the County Engineer and forward a copy to the State Department of Highways and Public Transportation. The Court next considered authorizing work outside of county rights -of -way for the health, safety and welfare of the general public. The Road and Bridge Department requested permission to enter the private property of Tom Williams on Francis Road in Precinct 2 to stockpile Grad 4 rock for road construction projects. On motion by Commissioner Thornton, seconded by Commissioner Sims, the Court voted unanimously to authorize the work. The Court next considered the request from GTE to relocate buried cable in the right -of -way of Wheelock Hall Road and Locke Road for the Wheelock Hall Road improvements project. The site is located in Precinct 2. The County Engineer stated that all appeared to be in order and recommended approval. On motion by Commissioner Thornton, seconded by Commissioner Sims, the Court voted unanimously to approve the request from GTE and authorized the installation. A copy of the request is attached hereto. The next matter before the Court was the authorization of a reimbursement of a $375.00 fee to Jack and Edna Irick for Partial Release of Lien of 17.01 acres of land which has been conveyed to Brazos County for Dilly Shaw Tap Road and House Cemetery Road improvements. The site is in Precinct 2. On motion by Commissioner Thornton, seconded by Commissioner if f 1 . L� . r r� N, a e AM Sims, the Court voted unanimously to approve the reimbursement of $375.00 to Jack and Edna Irick. The Court next considered approval of requisitions from Capital Expenditures for the following purchases: a) Video projector and case for the Health Department $1,845.00 b) GBC binding machine for County Attorney $279.99 c) Netware software upgrade for Auditor's office $1,025.73 d) LaserJet printer replacement for 85th District Court $1,550.00 e) HP jet direct port for Justice of the Peace, Precinct 3 $310.00 on motion by Commissioner Sims, seconded by Commissioner Cauley, the Court voted unanimously to approve the requisitions to be paid from Capital Expenditures on motion by Commissioner Sims, seconded by Commissioner Cauley, the Court voted unanimously to receive, approve and order filed as submitted the Treasurer's report for April 1998 and May, 1998. A copy of which is attached to and made a part of these minutes. There was no citizen input and /or concerns. The County Judge made the following comments: 1) . The County needs to move forward to constructing a web site. Ray Crow says Road & Bridge has a web site. Commissioner Sims asked about getting a consultant to develop a web site. 2) The Court needs an Executive Session to interview candidates for Purchasing Agent. There being no further business to come before the Court, the meeting was adjourned. r� U 0 0 BRAZPS COUNTY COMMISSIONERS' MEETING ON TUESDAY, "JULY 7, 1998 AT 9:0o- A•M• C. rr .4 E . V3 v Ulf(' icy E . I� • • BRAZOS COUNTY, TEXAS BUDGET AMENDMENT(S) FOR THE 1997 -1998 BUDGET YEAR NO. 97/98 -35.1 through 35.4 On this the 7th day of July 1998 at a regular meeting of the Commissioners' Court, the following members were present: Alvin W. Jones, County Judge, Presiding Tony Jones, Commissioner, Precinct 1; Wm. S. Thornton, Commissioner, Precinct 2; Randy Sims, Commissioner, Precinct 3; Carey Cauley, Commissioner, Precinct 4; Mary Ann Ward, County Clerk. The following proceedings were held: THAT WHEREAS, on July 7, 1998 the Court heard and approved a budget amendment for the 1997 -1998 budget year for Brazos County, Texas. WHEREAS, an expenditure is necessary due to the necessity to meet unusual and unforeseen conditions which could not be reasonably included in the original budget adopted September 23, 1997 the following amendment(s) to the original are hereby authorized, as described on the attached page(s). ADOPTED AND APPROVED this the 7th day of July 1998. THE COMMISSIONERS' COURT OF BRAZOS COUNTY, TEXAS. By:_ Alvin W. Jones, County Judge Original: County Clerk's Office and attached to the original budget Copies: County Auditor County Treasurer Commissioners' Court Minutes Budget Amendment File C� H AU t l .r K� r - - ' r i - I y ' Y • _ BRAZOS COUNTY, TEXAS XAS BUDGET AMENDMENTS No. 97/98 -35.1 7/7/98 : M. i, 4� i Prepared By: jfr_ Approved By;; Date:. - ' -�'. 1Date: AL -PAQ 4� 3 _ •111 1 1 •11 11 • 111 111 -� . 11 11 •111 111 -� • . •� 11 11 Ml VIM 1-1 MMNZ4114JMM�� Prepared By: jfr_ Approved By;; Date:. - ' -�'. 1Date: AL -PAQ 4� 3 _ • • BRAZOS COUNTY, TEXAS BUDGET AMENDMENTS No. 97/98-3S.2 7/7/99 FD DIV ACCT PROD , DR/CR ACCOUNT NAME 1=mw —Deavm 01 302001 606000 Dr Office Supplies $ 50.00 01 302001 617300 Cr Telephone - LD $ 50.00 To reallocate available funds in the existine budimt. '1P"i;epa'jr'ed­B- jte, 14 :A pprovied . ty 1 - BRAZOS COUNTY, TEXAS BUDGET AMENDMENTS No. 97/98 -35.3 7nmR FD DIV ACCT PROJ DR/CR I ACCOUNT NAME Increase D 01 180001 802850 Dr Office Equipment 280.00 01 180001 615000 Cr Printin I ITo transfer funds within budget for purchase of a binding machine •�' $ r' stc ;APProved By:... Date: y^ 0 • • ' V BRAZOS COUNTY, TEXAS BUDGET AMENDMENTS No. 97/98 -35.8 -Fr7ieQ ir. III 'Prepared By: �� �r7�gy� •'Cl 7C'�1� �j.S+y��CL°� .ws� 0 Rlu4stme P I I, 1 97.31,47615-71 - Computer Software .111 11 - 111 :1 :•1 -� • •,• ,:: 111 11 - 0 . 111 :1 � .��� • . � . 1 11 11 - tll :1 1 -� •� • -� 11 11 ' 1 . • . • - Computer Software Kamm ir. III 'Prepared By: �� �r7�gy� •'Cl 7C'�1� �j.S+y��CL°� .ws� 0 4 - 1 t • t I — I s� r ,rJ '••i Ir e� Y i ism i 1 TONY JON!s Flydnet 1 ]614106 wm. s. TmORNTON Pied 2 36/4115 July 7, 1998 RANDY aims Brazos County Commissioners' Court 361-4105 3 ALVIN JONES C4u m*y Judp CAREY CAULEY JR. 361-4102 Preml 4 361.4111 In Re Nasdaq Market Makers Antitrust Litigation P. O. Box 972 New York, New York 10036 RE: Notice of Pendency of Class Action and Proposed Settlements 94 Civ. 3996 (RWS) M.D.L. No. 1023 Please be advised that Brazos County, Texas has head the "Notice of Pendency of Class Action" with regards to Nasdaq National Market. Upon review, Brazos County feels that all parties would be best served if the County were excluded from the recovery process. During the period covered by the settlement (May 1, 1989 to July 17, 1996), Brazos County had business dealings with Merrill- Lynch, one of the defendants. However, the only securities that the County purchased during this period were Treasury Bills and government backed securities. Brazos County did not experience any losses or other problems during the settlement period on any security purchased. Please be advised that Brazos County's employer identification number is 74- 60000433. Please be advised that as County Judge for Brazos County, 1 have the legal authority to act on behalf of the County in such matters. Respectfully submitted Alv W_ Jones County Judge tl Wn C*U* Cftff&mm • 300 East 26M SLL• • Suih 1�Q1'i6/ t)rWk'k Tv= 777�id0�34W • Fvc (4M 623• 47 " • • • IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK X IN AE: NASDAQ MARKET-MAKERS 94 Civ. 3996 (RWS) } ANTITRUST LITIGATION M.D.L. No. 1023 X NOTICE OF PENDENCY OF CLASS ACTION AND OF PROPOSED SETTLEMENTS TO: ALL PERSONS AND ENTITIES WHOTRADED SECURITIES ONTHE NASDAQ NATIONAL MARKET BETWEEN MAY 1.1989'AND JULY 17,1996:THIS NOTICE MAY AFFECTYOUR RIGHTS — PLEASE READ IT CAREFULLYI BY ORDER OF THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK ('THE COURT-), THIS NOTICE IS BEING SENT TO YOU IN THE BELIEF THAT YOU MAY BE A MEMBER OF THE BELOW-DESCRIBED CLASS, TO INFORM YOU AS FOLLOWS: • THE COURT HAS CERTIFIED THE ABOVE- CAPTIONED CIVIL ACTION (`THE ACTION-) AS A CLASS ACTION ON BEHALF OF THE CLASS DEFINED IN PARAGRAPH 1, BELOW. • PLAINTIFFS HAVE ENTERED INTO PROPOSED SETTLEMENTS WITH ALL DEFENDANTS. THE PROPOSED SETTLEMENTS PROVIDE FOR AGGREGATE PAYMENTS WHICH, IN- CLUDING INTEREST, WILL TOTAL APPROXIMATELY $1,027,000,000.00 (BEFORE FEES AND EXPENSES) BY THE ANTICIPATED TIME OF DISTRIBUTION IN 1999. A MORE COM- PLETE DISCUSSION OF THE TERMS OF THE PROPOSED SETTLEMENTS IS SET FORTH IN PARAGRAPHS 9 -10 BELOW. • IF YOU MEET THE CLASS DEFINITION, YOU WILL BE DEEMED TO BE A MEMBER OF THE CLASS, UNLESS YOU EXCLUDE YOURSELF PURSUANT TO THE INSTRUCTIONS IN PARAGRAPH 5. • IF YOU WISH TO REMAIN IN THE CLASS, YOU DO NOT NEED TO TAKE ANY ACTION IN RESPONSE TO THIS NOTICE.YOU DO NOT NEED TO FILE ANY CLAIMS FORM ATTHIS TIME THE CLASS DEFINITION 1. The Court has certified the Action as a class action on behalf of: All Persons, firms, corporations, and other entities (excluding Defendants and Other Nasdaq Market - Makers and their respective Affiliates) who purchased or sold Class Securities on the Nasdaq National Market trading directly (or through agents) with the Defendants or their Alleged Co-conspirators, or with their respective Affiliates, during the period May 1, 1989, through July 17, 1996 (the 'Class Period"). The Class Includes, but is not limited to, trades through brokers acting as agents. Institutional Investors as well as individuals are included in the Class. For purposes of the Class definition. the term'Class Securities' refers to 1,659 securities traded on Nasdaq during the Class Period. A complete list of Class Securities (and the respective periods during which each Class Security is asserted to have been affected by defendants' alleged conspiracy) is Exhibit A to this Notice. For the purposes of the settlements described herein, all entities performing broker, dealer, or asset management services that executed securities transactions on behalf of customers are deemed to have been acting as agents, and therefore the Class includes, but is not limited to, all Persons, firms, corporations and other entities, as described above, who traded through such broker, dealer, or asset management entities. In addition, brokers, dealers, and asset management entities (excluding Defendants and Other Nasdaq Market - Makers and their re- spective Affiliates) that are within the definition of the Class are members of the Class. As used herein: 'Affiliates' means parents, subsidiaries and other Commonly Owned Entities. Commonly Owned Entities means entities that are more than fifty percent owned directly or indirectly by a Person or any of its direct or indirect parents. 'Alleged Co- Conspirators' means Persons other than Defendants who were Market- Makers In one or more Class Securities at any time during the Class Period. 'Defendants' means A.G. Edwards & Sons, Inc.; Bear. Steams & Co.. Inc.; ST Alen Brown Incorporated; Cantor Fitzgerald & Co.; CIBC Oppenheimer Corp.; Cowen & Company; V O mall �I�..�a►, i Credfi Suisse First Boston Corporation; Dean Witter Reynolds Inc.; Donaldson, Lufkin 6 Jenrette Securities Corporation; EVEREN Securities, Inc. ((We Kemper Securities, Inc.); Furman Selz r . LLC; Goldman. Sachs S Co.; Hambrecht S Quist LLC; Herzog. Heine. Gedukd, Inc.; J.C. Bradford & Co.. LLC.; J.P. Morgan Securities, Inc.; Jeffertes tt Co., Inc.; Kidder, Peabody b Co., Inc.; Legg Mason Wood Walker, Incorporated; Lehman Brothers Inc.; Mayer & Schweitzer, Inc.; Merrill Lynch, Pierce, Fenner 4 Smith Incorporated; Montgomery Securities; Morgan Stanley A Co. Incorporated; Nash, Weiss & Co.; OLDE Discount Corporation; PaineWebber Incorpo- rated; Piper Jaffray Inc.; Prudential Securities Incorporated; Robertson, Stephens b Com- pany, The Robinson - Humphrey Company, Inc.; Salomon Brothers Inc; Sherwood Securities Corporation; Smith Barney Inc.; Spear, Leeds If Kellogg, LP (Roster Singer); UBS Securities LLC; Weeden b Co., LP.; and Weeden Securities Corp. 'Market -Maker means an NASD member firm that qualifies or has qualified as a market maker under Section 3(a)(38) of the Securities Exchange Act of 1934, as amended. 'Other Nasdaq Market - Makers' means, with respect to any Class Security, any Market -Maker (other than a Defendant) registered with the NASD as a Market -Maker in that Class Security at any limo during tho Class Period. Other terms are defined in the settlement agreements. 2 If you meet the foregoing Class definition, you will be deemed to be a member of the Class unless you exclude yourself pursuant to Paragraph S. CONSEQUENCES OF CLASS MEMBERSHIP AND CLASS MEMBERS' RIGHTS 3. K you are and wish to remain In the Class, you need not take any action at this time. If you remain in the Class, then: (a) you may be entitled to share in the benefits of the Proposed Settlements discussed below, and you will be bound by any settlements or favorable or unfa- vorable judgments entered in the Action; (b) your interests in the Action will be represented by Class Counsel (see Paragraph 4); (c) you will not have to pay any of Class Counsel's attor- neys' fees or expenses, except to the extent that the Court may direct that such fees and expenses be paid out of any settlements or recoveries obtained for the Class; (d) you will have the right to appear and be heard regarding court approval of the Proposed Settlements (see Paragraph 11), and any applications for payment of attomeys' fees and expenses; and (e) you will have the right to receive notice of and to object to any future settlements. If you do not wish to have your interests represented by Class Counsel, you may enter a separate appearance through counsel of your choice, at your own expense. In order to benefit from any recoveries In this matter, you may be required at a future date to substantiate your membership In the Class as well as the amount of your claim. Therefore, you should retain all records pertaining to all purchases and sales of Class Securities during the Class Period. 4. The Class is represented by Class Counsel, whose efforts are coordinated by the Court- ;_ appointed Plaintiffs' Co -Lead Counsel, who are: Arthur M. Kaplan, Esq., FINE, KAPLAN b BLACK, _ A Restricted Professional Company, 1845 Walnut Street, 23rd Floor, Philadelphia, PA 19103; Christopher Lovell, Esq., LOVELL & STEWART. LLP, 500 Fifth Avenue, New York NY 10110; Leonard B. Simon, Esq., MILBERG WEISS BERSHAD HYNES & LERACH LLP, 600 West - Broadway, 1800 One America Plaza, San Diego, CA 92101; and Robert A. Skimick, Esq., MEREDITH COHEN GREENFOGEL & SKIRNICK, P.C., 63 Wall Street, 32nd Floor, "- New York, NY 10005. You may address any questions to them by writing to In re Nasdaq Market- Makers Antitrust Litigation, P.O. Box 702, New York, NY 10011. See Paragraph 12 for a toll -free telephone number, Internet web site, and E -mail address. .a .l i' 5. If you do not wish to remain In the Class, then you must timely request In writing to be excluded from the Class. If you exclude yourself from the Class you will not be entitled to participate in any recovery by the Class, and you will not be bound by any settlement or favorable or unfavorable judgment in the Action. Any request for exclusion must legibly set forth your name and address and a statement that you wish to be excluded from the Class in Me In re Nasdaq Market - Makers Antitrust Litigation. and must be sent by United States Mail, postmarked not later than July 14, 1998, to: In re Nasdaq Market - Makers Antitrust Litigation, P.O. Box 972, New York. NY 10036. If you request exclusion on behalf of any entity or any Individual other than yourself (such as, for example, a trust, a minor or a pension fund), you are requested to set forth your legal authority to execute the request on behalf of that entity or other individual. You are requested to provide, with any request for exclusion, your Social Security number or Taxpayer I.D. number, and a list identifying the date and identity of the Class Securities you t ded during the Class Periodbb � • E3� a oa `'.�c���ta 0 •' • M 4 •r - .... I J COURSE OF PROCEEDINGS, NATURE OFTHE ACTION, AND RELATED PROCEEDING g, This Action arose from the consolidation before this Court of more than thirty separate anti- , trust actions filed beginning In May 1994 In federal and state courts throughout the United States. Plaintiffs' claims are set forth In the Second Amended Refiled Consolidated Complaint ('the Complaint). The Complaint alleges that the defendants and others successfully con- spired to increase and fix the 'spreads' paid by plaintiffs and the members of the Class in connection with purchases and sales of Class Securities. The spread Is the difference be- tween the bid and the ask price quoted for a security, and allegedly represents a transaction cost which buyers and sellers pay when trading securities on Nasdaq. Plaintiffs contend that defendants Increased spreads for the Class Securities by, among other means, avoiding odd - eighth bid and ask quotations for the securities (thereby ensuring that the minimum spread would be one quarter of a dollar); following the spread set by a leading market -maker to a security; and exerting pressure to prevent market -makers from Introducing bid and ask quota- tions that would have the effect of reducing the spread for a security. Plaintiffs allege that. as a result of defendants' assertedly unlawful conduct, plaintiffs and Class members were in- jured by paying excessive transaction costs for purchases and sales of Class Securities. i Plaintiffs seek to recover treble damages for the Class, together with reimbursement of costs. an award of attorneys' fees,-and an injunction. Defendants have vigorously denied all of plain- tiffs'allegations, asserted marry affirmative defenses, and had filed motions, which were pendug at the time the Subsequent Settlement was reached (see paragraph 9), seeking to dismiss all claims and also challenging the economic and damage theories advanced by plaintiffs. 7. There have been extensive proceedings before the Court and extenshre discovery pro- ceedings. The Court has not adjudicated any of the claims or defenses of the parties. This notice expresses no opinion by the Court as to the merits of any of the claims or defenses. 8. More than two years after the firing of this Action, the U.S. Department of Justice CD" brought a civil enforcement proceeding on July 17, 1996 ('the DOJ Action "), alleging that twenty-four Nasdaq market- makers, together with others, conspired to widen spreads in vio- lation of the federal antitrust laws. The DOJ Action was settled through the entry of a Stipula- tion and Order ('Stipulation") which states that the defendants admit no wrongdoing. In the Stipulation, defendants agree not to engage In certain conduct. Plaintiffs have appealed the Court's approval &,ft Stipulation, because the Stipulation does not make certain evidence available to plaintiffs and the Class. On August 8, 1996, the U.S. Securities and Exchange Commission ('SEC") Instituted and settled proceedings pursuant to the Securities Exchange Act of 1934 against the National Association of Securities Dealers ('NASD "), which operates Nasdaq. Neither the SEC settlement nor the DOJ Stipulation provides any monetary recovery for the Class. THE PROPOSED SETTLEMENTS AND THE STATUS OF THE SETTLEMENT FUNDS 9. Class Counsel have negotiated proposed settlement agreements ('the Proposed Settlements") with all defendants (identified at Paragraph 1 above). Class Counsel believe that the Pro- posed Settlements will provide substantial benefits to the Class, and are fair, reasonable and adequate. The Proposed Settlements provide for aggregate payments, which, Including inter- est, will total approximately $1,027,000,000.00 (before deductions for such fees and expenses as may be permitted by the Court) by the anticipated time of distribution in 1999 (the'Settle- ment Fund"). Pursuant to certain of the proposed settlements, some defendants will make staged payments for which they are severally responsible, all of which payments are required to be made prior to the distribution date. In consideration for the foregoing, the Proposed Settlements provide for a broad release of claims. and waiver of rights. The full text of the releases and waivers of rights (printed in bold type face) is annexed as Exhibit 8 hereto. The foregoing is only a summary of the terms of the Proposed Settlements. The complete.teims are set forth in the Settlement Agreements, which have been filed with the Court. 10. The proceeds from the Proposed Settlements have been paid or are to be paid into a court - supervised. Interest- bearing account for the benefit of the Class. The Settlement Fund. net of any court- approved awards of attorneys' fees and expenses, will be ditstributed to Class mem- bers pursuant to a plan of distribution to be approved by the Court Plaintiffs' Coa-ead Counsel will propose a Plan of Distribution to the Court which in their opinion will fairly and adequately address the questions of settlement administration. any claims requirements. and allocation among the members of the Class, Including institutional and other Cuss members. The Plan tJOL a r 3 i - 1 t c 4� ti h' a at I c; 1 �r r][ A 1 f s , 32 i of Distribution will be subject to Court approval, after further notice to Interested Class mem bars and an opportunity for Interested Class members to be heard. Class Counsel will petitio the Court for an award of attorneys' fees, not to exceed 17.5% of the Settlement Fund, and fc reimbursement of litigation expenses, Including the fees and expenses of experts, which Clas Counsel have advanced on behalf of the Class. The Proposed Settlements contemplate that portion of the settlement proceeds may be applied, with Court approval, to pay the reasonabl cost of Class notice and the reasonable fees and expenses of settlement administration. 11. A Hearing on the final approval of the Proposed Settlements, and on petitions for attoi nays' fees and reimbursement of expenses, will be held on September 9,1998 at 10:0 a.m. before the Honorable Robert W. Sweet, at the United States Courthouse, 500 Peal Street, New York, NY. Any Class member may secure a right to appear and be heard a the Hearing by submitting a Notice of Intention to be Heard. In order to be effective. Notice of Intention to be Heard must be in writing, must clearly reference this Action (In r Nasdaq Market - Makers Antitrust Litigation, No. 94 Civ. 3996), and must include your nam and address, a statement that you wish to appear and be heard at the Hearing, and a bric statement of the position you wish to assert at the Hearing regarding the Proposed Settle ments or applications for fees or expenses. In addition, your Notice of Intention must be ac companied with copies of account statements or other transaction records sufficient to estat fish your membership in the Class. The original and one copy of your complete Notice c Intention (including supporting documentation) must be sent via United States Mail, postag prepaid, to the Clerk of the United States District Court for the Southern District of New Yorl 500 Pearl Street, Room 120, New York, NY 10007. Additional copies of your complete Notic of Intention (including supporting documentation) must be sent via United States Mail, postag prepaid, to each of the following addresses: David J. Bershad, Esq., MILBERG WEIS BERSHAD HYNES & LERACH LLP, One Pennsylvania Plaza, New York, NY 10119 an Jay N. Fastow, Esq., WEIL, GOTSHAL & MANGES, LLP, 767 Fifth Avenue, New Yorl NY 10153. In order to be effective, the original and all copies of your Notice of Intention mu, be postmarked or received not later than July 14, 1998. If you do not effect your Notice i Intention in the manner and by the deadline provided herein, you will be deemed to haw waived any objection. The Hearing may be adjourned from time to time without further notic to the Class other than by announcement at the date and time scheduled for the Hearing. FOR MORE INFORMATION 12 The foregoing descriptions are general. You may obtain more detailed Inform tlon by any of the following means: (1) by accessing the Internet web -sit at http: / /w+vw.nasdaglltigation.com; (2) by E- mailing your question t questions @nasdaglltigation.com; (3) by mailing your question to In re Nasda Market - Makers Antitrust Litigation, P.O. Box 702, New York, NY 10011; or (4) b calling the toll -free number at 1 -800- 993 -8991. DO NOT TELEPHONE AN DEFENDANT, CLASS COUNSEL ORTHE OFFICE OFTHE CLERK OFTHE COUR You or your attorney may, during normal business hours, visit the Office of the Clerk of th Court; 500 Peaa Street. Room 120, New York, NY, in order to inspect the pleadings a other papers maintained there in file No. 94 Civ. 3996 (RWS), M.D.L. No. 1023. MULTIPLE MAILINGS 13. If you received multiple mailings, it may be because you had multiple brokerage accounts. CHANGE OF ADDRESS 14. If notice was sent to a wrong address, or If your address changes In the future, please se prompt written notification of your correct address to: In re Nasdaq Market - Makers Antitrus Litigation, P.O. Box 2005, New York, NY 10199. NOTICE TO BANKS, BROKERS AND OTHER NOMINEES 15. Pursuant to an Order of the Court, each bank, brokerage firm, trust company, trustee, and oth nominee for a beneficial owner who purchased or sold Class Securities during the Class Peri Is requested promptly (i) to forward to all such persons a copy of this Notice, or (it) send a machine: readable fist of the names and addresses of persons for whom they purchased or sold Clast.- Securities during the Class Period to the Settlement Administrator at P.O. Box 470, Phdadelphij � PA 19105 and copies of the Notice will be mailed to all persons identified on such list. j Dated: May 15, 1998 CLERK OF THE COURT z UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORI 1 AI EXHIBIT 8 L Releases The Released Parties, and each of them, shall be released and forever discharged from all manner of Claims, of any nature whatsoever, known or unknown, suspected or unsus- pected, in law, In equity; or otherwise, whether class, Individual, or otherwise In nature, Including but not limited to those arising under state, federal, or other laws, rules, or regu- • lations, that any Participating Class Member ever had, now has or hereafter can, shall or may have, arising from or relating In any way to any conduct, agreement or omission occurring prior to the date hereof (a) complained of in the Second Amended Refiled Consolidated Complaint, the Amended Refiled Consolidated Complaint, or the Refiled Con- solidated Complaint, (b) relating to any convention, understanding or coordinated activity between or among two or more Persons including at least two Market - Makes:, or any express. Implied or tacit agreement or collusion involving two or more Market - Makers, regarding Quotes, Quote Increments, movements of Quotes, Prices, or Bid -Ask spreads ( either Dealer Spreads or Inside Spreads or both) of any Nasdaq Security, (c) relating in any way to the fixing, stabilizing, maintaining or widening of Quotes, Quote Increments, movement of Quotes, Bid -Ask spreads (either Dealer Spreads or Inside Spreads or both) or Prices for any Nasdaq Security, (d) relating in any way to the setting of or movement (or increments of movement) of any Bid or Ask quotation or Price for any Nasdaq Security at the request of or pursuant to agreement with another Market4Aaker, (e) relating in any way to the mini- mum or maximum number of shares that Nasdaq Market-Makers, or any of them, were wilting to trade at a quoted Bid or quoted Ask or at any Price, (f) relating In any way to any convention, understanding or coordinated activity between or among two or more Persons Including at least two Market - Makers, or any express, Implied or tacit agreement or collusion Involving two or more Market - Makers, regarding the handling or treatment of any limit order for any Nasdaq Security, or (g) relating in any way to any actual or attempted boycott, harassment, refusal to deal or other behavior toward any person or entity relating in any way to the conduct described in (a) through (f); Including, without limitation, any such Claims which have been asserted or could have been asserted in state or federal court or any other judicial or arbitral forum against the Released Parties, or any one of them, or which arise under or relate to any federal, state, or other antitrust, unfair competition, unfair practices, price discrimination, unitary pricing or trade practice law, securities law, or other law or regulation, or common law, including without limitation, the Sherman Antitrust Act, 15 U.S.C. §1 et seq. (hereinafter and as further defined in this Section 13 and Section 14, the "Released Claims *); provided, however, that this release does not Include a release of any Claims (1) for alleged churning of securities, (11) for alleged fraud relating to undisclosed payment for order flow, as pled in any action or proceeding pending as of the date of this • Settlement Agreement, (iii) for alleged fraud relating to material misstatements or omissions bearing on the underlying value of specific securities (and unrelated to market - making activities including, but not limited to, movement of Quotes, Quote Increments, Dealer Spreads, Inside Spreads, and agreements or arrangements between Market - Makers relating to such market - making activities) or (iv) currently enumerated In any complaint or demand for arbitration naming one or more of the Settling Defendants as a defendant, which was filed and served upon such Settling Defendant(s) prior to the date of this Settlement Agreement (except if, and solely to the extent that, such Claims arise from the conduct complained of in the Second Amended Refiled Consolidated Complaint, the Amended Retitled Consolidated Complaint, the Recited Consolidated Complaint, or the Consolidated Amended Complaint).The exclusion set forth in (Iv) above does not apply or extend to any subsequent amendment, modification, or supplementation of any pending complaint or demand for arbitration that adds, expands, or changes Claims or allegations or adds additional parties. Nothing herein shall be construed as indicating In any way that any such Claims enumerated in (i), (ii), (111) or (iv) have any validity or could be or have been validly asserted against any of the Released Parties. R Waivers of Rights Each Participating Class Member does hereby and by operation of the Final Judgment expressly waive and relinquish, to the fullest extent permitted by law, the provisions. rights, and benefits of § 1542 of the California Civil Code, which provides: A general release does not extend to claims which the creditor does not know or suspect to exist In his favor at the time of executing the release, which If known by him must have materially affected his settlement with the debtor. and any and all provisions, rights and benefits of any similar state, federal, or other law, rule or regulation or the common law. Each plaintiff and each Participating Class Member may hereafter discover facts other than, different from, or In addition to those that he, she or It knows or believes to be true with respect to the Released Claims but each plaintiff and each Participating Class Member hereby expressly waives and fully, finally and forever settles and releases (subject to the provisions of Sections 7(b), 20 and 28), any known or unknown, suspected or unsuspected, contingent or noncontingent Claim with respect to • the Released Claims, whether or not concealed or hidden, without regard to the subse- quent discovery e�xistenee nuch ottw,,d dent or ad1 � otnal facts. .a �l a a 1 This Agreement is entered into by and between Brazos County, Texas, acting by and through its duly elected Commissioners Court, hereinafter referred to as "COUNTY," and HY -LINE INDIAN RIVER COMPANY, d/b /a HY -LINE INTERNATIONAL, an Iowa general partnership, P.O. Box 65190, West Des Moines, State of Iowa, hereinafter referred to as "Owner." WHEREAS, the City Council of the City of Bryan, by Ordinance No. 1112, approved on April 14, 1998, established Reinvestment Zone Number Six (6) for commercial tax abatement, City of Bryan, Texas, as authorized by Article 1066, V,T.C.S., as amended, and V.T.C.A., Tax Code §312.201. NOW, THEREFORE KNOW ALL MEN BY THESE PRESENTS that for and in consideration of OWNER's agreement to develop its property in accordance with City of Bryan ordinances, County orders and the terms set forth below, which will promote the economic development of the City of Bryan and Brazos County area, expand the County's tax base, and create new jobs, and in further consideration of COUNTY's agreement to make commercial- industrial tax abatement available to OWNER according to the requirements of Chapter 312 of the Texas Tax Code and the terms set forth below, COUNTY and OWNER hereby mutually agree as follows: 1. The real property that is the subject of this Agreement is the land area located at 1614 Finfeather, Bryan, Brazos County, Texas, also described as that approximately 5.76 acres out of Block 17, Lot 40 (TR -108) of the Zeno Phillips League, described on Exhibit "A" and shall be referred to in this Agreement as the "PREMISES." The number, kind and location of proposed improvements, buildings, machinery, equipment, and tangible personal property, other than inventory or supplies, to be constructed and installed by OWNER on the real property after January 1, 1998 are listed in the attached Exhibit "B" and shall be referred to in this Agreement as the "NEW IMPROVEMENTS." 2. OWNER agrees to install the NEW IMPROVEMENTS on the PREMISES in accordance with all applicable ordinances, the City of Bryan's building permits to be issued, and the Site Development Plan on file with the Inspection Services Division of the City of Bryan, all of which are incorporated by reference as if included herein. COUNTY agrees that OWNER shall be entitled to partial abatement of ad valorem taxes on the PREMISES and NEW IMPROVEMENTS as provided for in Section 16 of this Agreement if OWNER installs said NEW IMPROVEMENTS and complies with all terms and conditions of this Agreement. 3. OWNER agrees to build any and all NEW IMPROVEMENTS in accordance with all applicable laws, ordinances, codes, rules, requirements or regulations of the City of Bryan, Brazos County, the State of Texas and the United States, and any subdivision, agency or authority thereof. t a c *P" 4. OWNER agrees to maintain and operate the NEW IMPROVEMENTS (which will consist of a 40,000 square foot building and incubator) in accordance with all applicable laws, ordinances, codes, rules, requirements or regulations of the City of • Bryan, Brazos County, the State of Texas and the United States, and any subdivision, agency or authority thereof. 5. OWNER agrees that the general site plan, interior and exterior design drawings and materials for all NEW IMPROVEMENTS will be submitted to COUNTY for approval, which shall be incorporated herein for all purposes. An official set of plans for each improvement will be designated by OWNER and kept on file with the COUNTY. 6. OWNER shall keep the PREMISES and NEW IMPROVEMENTS insured against loss or damage by fire or any other casualty at full replacement value by purchasing insurance or through a self - insurance program. OWNER shall furnish the COUNTY's Risk Manager with a true and complete copy of such insurance policy or satisfactory documentation of its self - insurance program. 7. OWNER shall submit written notice to COUNTY within ninety (90) days after the PREMISES or any NEW IMPROVEMENTS are damaged by fire or any other casualty. The notice shall either set forth the dates OWNER will commence and complete the repair, remodeling or renovation of the damaged PREMISES or NEW IMPROVEMENTS or state that OWNER will not undertake such repair, remodeling or renovation. Partial abatement of ad valorem taxes as provided for in this Agreement ceases from the date of such damage until the premises are completely restored to their prior condition. If OWNER notifies COUNTY that it will not undertake repair, remodeling or renovation of the damaged PREMISES or NEW IMPROVEMENTS, or if OWNER fails to complete the repair, remodeling or renovation by the completion date set forth in OWNER's notice to COUNTY, then COUNTY may at its sole option, terminate this Agreement and COUNTY shall recapture from OWNER all property tax revenue COUNTY has lost as a result of this Agreement as required by §312.205(x)(4), Texas Property Tax Code. S. OWNER agrees to provide COUNTY and its designees access to the PREMISES and the NEW IMPROVEMENTS at all reasonable times during the term of this Agreement for the purposes of inspection and examination of books. records, construction, workmanship, materials, and installations to determine that OWNER has complied with any requirement of this Agreement. 9. OWNER agrees to limit the use of its property consistent with the general purpose of encouraging development or redevelopment of Reinvestment Zone No. 6 while partial abatement of ad valorem taxes is in effect pursuant to this Agreement_ 10. OWNER represents and warrants that no member of the Brazos County Commissioners Court has an interest in the PREMISES or the NEW Z 0 f f t W .7 i t IMPROVEMENTS to be installed thereon and that the same are not owned or leased by any member of the Brazos County Commissioners Court. 11. OWNER agrees that COUNTY assumes no liability or responsibility by approving plans, issuing building permits or making inspections in the event there is a defect in any of the NEW IMPROVEMENTS constructed on the PREMISES. The relationship between COUNTY, OWNER, and any taxing unit shall not be deemed to be a partnership or joint venture for purposes of this Agreement. 12. OWNER shall indemnify, hold harmless and defend COUNTY, its employees, officials, and agents from and against any and all obligations, claims, suits, demands and liability or alleged liability, including costs of suit, attorney's fees, damages, judgments, or settlements and related expenses arising in any manner from OWNER's construction, use and operation of the PREMISES and the NEW IMPROVEMENTS under this Agreement, provided, however, that OWNER shall not be required to indemnify and hold harmless any party for injury or harm caused by that party's gross negligence or willful misconduct. 13. OWNER agrees to pay all ad valorem taxes and assessments (except as abated pursuant to this Agreement or otherwise exempt) owed to COUNTY prior to such taxes and/or assessments becoming delinquent. OWNER shall have the right to contest in good faith the validity or application of any such tax or assessment and shall not be considered in default hereunder so long as such contest is diligently pursued to completion. In the event that OWNER does contest such tax or assessment, it shall nevertheless promptly pay to the COUNTY prior to delinquency, all taxes and assessments which it is not contesting. If OWNER undertakes any such contest, it shall notify COUNTY and keep COUNTY apprised of the status of such contest. Should OWNER be unsuccessful in any such contest, OWNER shall pay promptly all taxes, penalties and interest resulting therefrom. 14. OWNER agrees that if it (i) does not maintain the PREMISES and NEW IMPROVEMENTS in good condition, wear and tear excepted; (ii) fails to repair, remodel or renovate any damage or destruction of the PREMISES as provided for in Section 7 above; (iii) fails to use the PREMISES and NEW IMPROVEMENTS for the purposes contemplated by this Agreement and allows the same to become vacant; (iv) fails to pay all non - abated taxes in the manner required by Section 13 hereof; (v) fails to employ 3 additional part time employees on the PREMISES with an increase in new annual gross payroll of at least THIRTY THOUSAND DOLLARS ($30,000.00) by December 31, 1998; (vi) fails to maintain construction work in progress, equipment, land, buildings, improvements, and tangible personal property on the PREMISES and NEW IMPROVEMENTS with a total capital investment value of at least FIVE MILLION DOLLARS ($5,000,000.00), then OWNER shall be in default. COUNTY shall notify OWNER in writing of its default, and OWNER shall have thirty (30) days after receipt of such written notice, to cure any default. If OWNER fails to cure its default, COUNTY may, at COUNTY's sole option require OWNER to repay the current year's tax abatement on a prorated basis or COUNTY may terminate this Agreement. Recapture of prior years' taxes will occur only if • • • d OWNER fails to repair, remodel or renovate the PREMISES or NEW IMPROVEMENTS as required in Section 7 of this Agreement. 15. OWNER agrees to submit to COUNTY, and to each taxing unit in whose jurisdiction the PREMISES are situated, no later than December 31, 1998 a Statement of Compliance in the form attached hereto as Exhibit "C" indicating that it has or has not completed NEW IMPROVEMENTS in accordance with the Plans or revised plans and further indicating that OWNER has or has not complied with each applicable provision of this Agreement. 16. This Agreement shall be for a term of eight tax/calendar years commencing on the execution date hereof and terminating eight years from said date. The partial exemption from ad valorem taxation during each tax year covered by this Agreement ; shall be computed by taking a percentage of the increase in value of the PREMISES and NEW IMPROVEMENTS (the real property and personal property, other than inventory and supplies) on January 1" of each tax year over the value on January 1" i of 1998, which is the year this Agreement was executed. The partial exemption percentages are as follows: Tax Year Percentage of Increased Value over January 1. 1998 Value to be Abated 1999 70% 2000 70% 2001 60% 2002 50% i 2003 40% s 2004 30% 2005 20% 2006 10% The taxable value of the PREMISES on January 1, 1998 is $320,550.00, subject to adjustment upon certification of final value by the Brazos County Appraisal District. 17. Should the OWNER be required to pay the COUNTY the taxes that would have been paid to COUNTY had the taxes not been abated under the terms of this Agreement. it shall pay such recaptured taxes plus interest at the rate provided for delinquent taxes in accordance with V.T.C.A., Tax Code, Section 33.01. Such payment of taxes and interest shall be due within thirty (30) days of COUNTY's termination of this Agreement and notification to OWNER of the termination of this Agreement and of the amount of taxes and interest due. The taxes and interest are delinquent and incur penalties as provided by law for ad valorem taxes imposed by COUNTY if not paid before February i of the year following the date on which the termination of this Agreement occurs. r: Yl . y4 = i p d i i If OWNER believes that such recapture is improper, OWNER may file suit in the Brazos County district courts appealing such termination within sixty (60) days after the written notice of the termination by the COUNTY. If an appeal suit is filed, OWNER shall remit to the COUNTY, within such sixty (60) days after the notice of termination, any additional and/or recaptured taxes as may be payable during the pendency of the litigation pursuant to the payment provisions of Section 42.08, Texas Tax Code. If the final determination of the appeal increases OWNER's tax liability above the amount of tax paid, OWNER shall remit the additional tax to the COUNTY pursuant to Section 42.42, Texas Tax Code. If the final determination of the appeal decreases OWNER's tax liability, the COUNTY shall refund the OWNER the difference between the amount of tax paid and the amount of tax for which OWNER is liable pursuant to Section 42.43, Texas Tax Code. 18. Miscellaneous. a. Severability. if any provision of this Agreement is held to be illegal, invalid or unenforceable under present or future laws effective while this Agreement is in effect, such provision shall be automatically deleted from this Agreement and the legality, validity and enforceability of the remaining provisions of this Agreement shall not be affected thereby, and in lieu of such deleted provision, there shall be added as part of this Agreement a provision that is legal, valid and enforceable and that is as similar as possible in terms and substance as possible to the deleted provision. b. Texas law to apply. This Agreement shall be construed under and in accordance with the laws of the State of Texas and the obligations of the parties created hereunder are performable by the parties in Brazos County, Texas. Venue for any litigation arising under this Agreement shall be in a court of appropriate jurisdiction in Brazos County, Texas. c. Sole Agreement. This Agreement constitutes the sole and only Agreement of the Parties hereto and supersedes any prior understandings or written or oral agreements between the parties respecting the subject matter covered by this Agreement. d. Amendments. No amendment, modification or alteration of the terms hereof shall be binding unless the same shall be in writing and dated subsequent to the date hereof and duly executed by the parties hereto. Any proposed amendment, modification or alteration shall be provided to the Bryan City Council and to the Bryan Independent School District for review and comment prior to adoption by the County Commissioners Court. e. Rights and Remedies Cumulative. The rights and remedies provided by this Agreement arc cumulative and the use of any one right or remedy by either party shall not preclude or waive its right to use any and all other legal remedies. Said rights and remedies are provided in addition to any other rights the parties may have by law, statute, ordinance or otherwise. 114 (e s i • • A • _ _ \ 3, ,. • • . t f. Attorney's Fees. OWNER shall reimburse COUNTY for reasonable attorney's foes, costs, and expenses incurred if COUNTY prevails in any action brought under this Agreement. g. No Waiver. COUNTY's failure to take action to enforce this Agreement in the event of OWNER's default or breach of any covenant, condition, or stipulation herein on one occasion shall not be treated as a waiver and shall not prevent COUNTY from taking action to enforce this Agreement on subsequent occasions. h. Assignment. OWNER shall not assign this Agreement without the written approval of the County Commissioners Court. A change in ownership of a majority of the Partnership Interest of OWNER is an assignment for the purposes of this paragraph. If OWNER assigns this Agreement without written approval of the County Commissioners Court, this Agreement shall terminate immediately and the partial abatement of taxes as provided for herein shall cease from the date such unauthorized assignment occurred. i. Notices. COUNTY and OWNER hereby designate the following individuals to receive any notices required to be submitted pursuant to the terns of this Agreement: CITY OWNER City Manager HY -LINE INTERNATIONAL Post Office Box 1000 P.O. BOX 65190 Bryan, Texas 77805 WEST DES MOINES, IOWA 50265 BRAZOS COUNTY BRYAN INDEPENDENT SCHOOL DISTRICT Al Jones, County Judge C. David Stasny, President — Board of Trustees 300 E. 26`" Street c% Sarah Ashburn, Superintendent Bryan, Texas 77803 101 N. Texas Avenue Bryan, Texas 77803 The parties hereto have executed this Agreement in duplicate originals, each of equal dignity. Each party has stated the execution date below the signature of its authorized representative. If the parties sign this Agreement on different dates, the later date shall be the effective date of this Agreement for all purposes. ATTEST: BRAZOS COUNTY, TEXAS Mary Ant Ward. County Clerk Judge vin % . Jon V, County Judge Executed on: '7- 7 -qR f I 1 s w rj h•� is r i ai r r Title: THE STATE OF TEXAS § HY -LINE INDIAN RIVER COMPANY, an Iowa general partnership By: Asti. • l✓ (.:rs� -, Its: Ar.4. Executed on: —i �•.� 2 0� qq Ab COUNTY OF BRAZOS § BEFORE ME, the undersigned, a Notary Public, on this day personally appeared, Judge Alvin W. Jones, County Judge of Brazos County, Texas, known to me [or proved to me on the oath of or through (description of identity card or other document)11 to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he, in his capacity as such officer and with full authority, executed the same for the purposes and consideration therein expressed, and as the act of said County Commissioners Court. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this % day o 1998. L : • BE/►TRIZ D. GREEN M1' COMMISSIONCXPIRES &otiby Public tateofT as rum 11. mm THE STATE OF IOWA § COUNTY OF POLK § BEFORE ME, the undersigned, a Notary Public, on this day personalty appeared t S 0. C-4-9 e�!1 of Hy -Line Indian River Company, A Iowa general partnership, known to me [or proved to me on the oath of Re-aCaLun.w tI:kky..W or through (description of identity card or other document)] to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he, in his capacity as such officer and with full authority, executed the same for the purposes and consideration therein expressed, and as the act of said general partnership. 04 -Lag i i 1� • • + GIVEN UNDER MY HAND AND SEAL OF OFFICE, this da of "'�� If Y � O. .1998. S % THOMAS P. 10RGENSEN me:�� ' Notary blic Sta ofd 8 _ r 1. 1 a I' n tom` •,i ti n ti s k Spp f EXHIBIT "A" Being all that certain tract or parcel of land lying and being situated in the Zeno Phillips League, A -45, Brazos County, Texas, and described by metes and bounds as follows: BEGINNING at the SE comer of said S. C. Woiton tract, said point being in the West line of the Bryan and Iron Bridge Road; THENCE N 8 -1/2 E 419.73 feet and comer, a stake in said West line of said road; THENCE N 81 -1/2 W 598 feet and corner, a stake; THENCE S 8-1/2 W 410 feet and comer, a stake in the S line of said S. C. Woiton tract; THENCE S 81 -1/2 E 598 feet to the Place of Beginning, containing 5.76 acres of land, more or less, and being the same property conveyed to W. R. Sherrill, et al by Jno. Woiton, Jr., et al by deed dated June 8, 1959, and recorded in Volume 198, Page 37, Deed Records of Brazos County, Texas. r� ra- O • 0.1 *I ... ��� ... ,i� .tea-.{ �� � , � vl =T����•>� I f is iO`. EXHIBIT 'Q" .� YI 1 4 m I 1 I m V 1 1 1 � 1, 0 I I � 1 1 1 O b 1 LL1 a 0 � 1 1 1 n I K 1 1 1 a 'e � n I 1 I a+ 6 1 1 ` O I 1 1 G _, rs V ' A 1 � O p � 7 Ion A ' � o Y Q M A ... ��� ... ,i� .tea-.{ �� � , � vl =T����•>� I f is iO`. r" i r i r' i; i EXHIBIT "C" STATEMENT OF COMPLIANCE AGREEMENT FOR DEVELOPMENT AND TAX ABATEMENT WITH HY -LINE INDIAN RIVER COMPANY IN REINVESTMENT ZONE NUMBER SIX (6) CITY OF BRYAN COMMERCIAL INDUSTRIAL TAX ABATEMENT, CITY OF BRYAN, TEXAS THE STATE OF TEXAS § § COUNTY OF BRAZOS § HY -LINE INDIAN RIVER COMPANY, acting by and through its duly authorized representatives (the "Owner"), hereby certifies any improvements on the Property, as called in the above referenced Agreement, have been completed and constructed pursuant to said Agreement. Owner further certifies that it is in compliance with every other term of said Agreement. Signed this day of 1998. HY -LINE INDIAN RIVER COMPANY By: Its: Any above described improvements have been accepted by the City of Bryan, Texas as having been construed in compliance with the above referenced Agreement, and that pursuant to said Agreement the exemption from taxation shall commence on 1998 continuing through the year , which will be the last year that the property will be entitled to exemption from taxation in accordance with this Agreement, and that the taxable value of the Premises for such period of time shall be the most current taxable value of the Premises for such period of time as appraised by the Brazos County Appraisal District for each year of the term of the Agreement. Signed this day of 1998. ATTEST: BRAZOS COUNTY, TEXAS - /,I/-# A# !��M &Z44W. Mary An Ward, County Clerk Judge Alvin W. Jones, County Judge V0- I " . a- - E r" i r i r' i; i EXHIBIT "C" STATEMENT OF COMPLIANCE AGREEMENT FOR DEVELOPMENT AND TAX ABATEMENT WITH HY -LINE INDIAN RIVER COMPANY IN REINVESTMENT ZONE NUMBER SIX (6) CITY OF BRYAN COMMERCIAL INDUSTRIAL TAX ABATEMENT, CITY OF BRYAN, TEXAS THE STATE OF TEXAS § § COUNTY OF BRAZOS § HY -LINE INDIAN RIVER COMPANY, acting by and through its duly authorized representatives (the "Owner"), hereby certifies any improvements on the Property, as called in the above referenced Agreement, have been completed and constructed pursuant to said Agreement. Owner further certifies that it is in compliance with every other term of said Agreement. Signed this day of 1998. HY -LINE INDIAN RIVER COMPANY By: Its: Any above described improvements have been accepted by the City of Bryan, Texas as having been construed in compliance with the above referenced Agreement, and that pursuant to said Agreement the exemption from taxation shall commence on 1998 continuing through the year , which will be the last year that the property will be entitled to exemption from taxation in accordance with this Agreement, and that the taxable value of the Premises for such period of time shall be the most current taxable value of the Premises for such period of time as appraised by the Brazos County Appraisal District for each year of the term of the Agreement. Signed this day of 1998. ATTEST: BRAZOS COUNTY, TEXAS - /,I/-# A# !��M &Z44W. Mary An Ward, County Clerk Judge Alvin W. Jones, County Judge V0- I " . a- - AGREEMENT FOR DEVELOPMENT AND TAX • ABATEMENT IN REINVESTMENT ZONE NUMBER NINE (9) FOR COMMERCIAL TAX ABATEMENT, CITY OF COLLEGE STATION, TEXAS STATE OF TEXAS § COUNTY OF BRAZOS § This Agreement entered into by and between BRAZOS COUNTY, TEXAS, acting herein by and through its duly elected Commissioners Court (hereinafter referred to as "COUNTY ") and CSL OF TEXAS, INC., a Texas corporation (hereinafter referred to as "OWNER') acting herein by and through its duly authorized officer. WITNESSETH: WHEREAS, the City Council of the City of College Station, Texas, by Ordinance No. 2328, approved on May 14, 1998, established Reinvestment Zone Number Nine (9) for Commercial Tax Abatement, City of College Station, Texas ( "ZONE ") as authorized by Article • 1066F, V.T.C.S., as amended, and V.T.C.A., Tax Code §312201; and WHEREAS, in order to provide for the proper development of the Property (as hereinafter defined) and to aid in the conduct of the operation thereof to the best interest of the COUNTY and the OWNER in accordance with the above- referenced ordinances and statutes, the parties do mutually agree as follows: 1. The Property that is the subject matter of this Agreement is the land area identified by the area depicted in Exhibit "A ", attached hereto and incorporated herein for all purposes, and also referred to as a 60.51 acre tract or parcel of land, lying and being situated in the J. W. Scott Abstract 49, College Station, Brazos County, Texas, and being more particularly described in Exhibit "A" attached hereto and incorporated herein by reference as if expressly set is ti ■ c 11Z v j z• J ,4 'i 4 i _L out in full, which tract is hereinafter referred to as " PROPERTY" and together with all fixtures and permanent improvements shall be referred to as the "PREMISES ". 2. In consideration of OWNER's (a) construction of approximately four million dollars of real and personal property improvements to be used as a warehouse/distribution center of approximately (i) 80,000 - 90,000 square feet and (ii) 10,000 square feet of office space for a total square footage of approximately 100,000 square feet (but in no event less than 90,000 square feet), and (b) creation of jobs, as detailed in Section 9, hereinbelow, COUNTY agrees, subject to the terns and conditions contained herein, that the above - described PREMISES shall be entitled to an exemption from taxation for the increase in value of said PREMISES over the Base Year (as hereafter defined) for a period of four (4) years, and that upon the expiration of such time this Tax Abatement Agreement shall terminate. OWNER acknowledges and agrees that the purpose of this Tax Abatement Agreement is to encourage redevelopment of the property in Reinvestment Zone Number Nine (9). OWNER agrees to limit the use of the PREMISES to further said purposes stated in this Agreement. 3. OWNER agrees that the site plan, interior and exterior design drawings, specifications and materials ( "PLANS ") for each improvement will be submitted to COUNTY, and/or its designated representative, for its approval, which PLANS are incorporated herein for all purposes. An official set of PLANS will be designated by the OWNER and kept on file with the COUNTY. 4. OWNER agrees to construct all improvements in accordance with all applicable laws, ordinances, codes, rules, requirements or regulations of the City of College Station, Brazos County, and the State of Texas, and any subdivision, agency or authority thereof in effect at the time of development. a 34-1 i E� • • . ■ 0 S. In the event the PREMISES are damaged by fire, act of God, or any other casualty, OWNER shall within ninety (90) days of such damage diligently prosecute reconstruction which shall be completed thereafter within one (1) year from the date of said casualty, such reconstruction, repair, remodel, renovation or reconstruction of PREMISES to be completed in accordance with the PLANS or revised PLANS. If such repair, remodel, renovation or reconstruction is timely completed, there shall be no cessation or suspension of the tax abatement granted herein. Should OWNER decide not to repair, remodel, renovate, or reconstruct the damaged PREMISES, then the exemption from taxation as provided for in this Agreement shall cease, the PREMISES will be taxed at full market value, and OWNER, shall repay to COUNTY the amount of the tax previously abated in prior years. 6. COUNTY, by approving the PLANS or any revised PLANS, assumes no liability or responsibility therefor for any defect in any structure constructed, renovated, or repaired from the PLANS or approved revised PLANS. The relationship between COUNTY and OWNER at all times shall not be deemed a partnership or joint venture for purposes of this Agreement. 7. At all reasonable times during the construction of PREMISES, and following its completion, COUNTY and its respective designees may inspect PREMISES in order to ensure that all construction, worlananship, materials and installations involved in or incident to the project are performed in substantial compliance with the approved PLANS therefor and that the PREMISES comply with all of the conditions and the applicable building permits and governmental regulations. 8. OWNER agrees to F #iy all ad valorem taxes and assessments that may be owed to COUNTY or any other taxing entity by it prior to such taxes and/or assessments becoming delinquent; provided, that OWNER shall have the right to contest in good faith the validity or rZ u a t i k yt� { i 4' _y L� IAi I� r application of any such tax or assessment and shall not be considered in default hereunder so long as such contest is diligently pursued to completion. In the event OWNER does contest any such tax or assessment, it shall, nevertheless, promptly pay to COUNTY or any other taxing entity prior to its becoming delinquent, taxes and assessments. If OWNER undertakes any such contest, it shall so notify COUNTY and keep COUNTY apprised of the status of such contest. Should OWNER be unsuccessful in such contest, OWNER shall promptly pay the taxes, penalties, and/or interest, resulting therefrom. 9. OWNER represents and agrees to the following new additional employment and payroll projections: Additional End ofyear Full Time Payroll Gross Payroll 1999 0 $144,000 $144,000 2000 6 $144,000 $288,000 2001 6 $144,000 $432,000 2002 6 $144,000 $576,000 2003 6 $144,000 $720,000 The above payroll numbers are annualized, based on the last payroll date in the month of December each year. The "last payroll date in the month of December" shall mean, for purposes of this paragraph, the last payroll distribution in the month of December. For example, if the regular payroll is distributed to the employees on a weekly basis, every Thursday, the last payroll distribution for 1998 will be on Thursday, December 31, 1998, for 1999, Thursday, December 30, 1999. Full -Time Employees shall mean any employee (excluding temporary or seasonal employees) on the payroll in a budgeted position and having an officially scheduled work week of 40 hours or more. ■ ■ ..1 • 01 •. ... -... ... v • ,r • +� __..,ti -�.. .v ,•1�... r.rw..• i. 1- ...1_ ; _�� "+r ..rT'c v}i- _.. •R•�n r��"0- 'rIR�.`..�s.t�7 �-• -�• Part -Time Employees shall mean any employee (excluding temporary or seasonal employees) on the payroll in a budgeted position and having an officially scheduled work week of less than 40 hours. The OWNER and COUNTY agree that OWNER may hire up to seventeen percent (17 %) of the employees as Part -Time Employees to meet the employment requirements in Section 9 hereof-, provided that the gross payroll requirements set forth above are maintained. 10. Submission of Reports and/or Inspection and Auditing The parties herein agree that the COUNTY shall have the right annually to an on- site inspection of the PREMISES to verify that OWNER is in substantial compliance with the terms of this Agreement and any modification hereto. COUNTY agrees to provide reasonable notice beforehand of any such request for inspection. Additionally, OWNER shall submit to the COUNTY and/or the Bryan/College Station Economic Development Council, on an annual basis, the information or reports necessary for the monitoring of the performance criterion established in this Agreement. The submission shall be certified, at OWNER's expense, by (a) a Certified Public Accountant or in -house accountant of Owner and (b) the President or other designated officer of the OWNER 11. Default In the event OWNER (i) does not maintain the PREMISES in good condition, reasonable wear and tear excepted, (ii) fails to use the PREMISES for the purposes that are contemplated by this Agreement and allows the PREMISES to become vacant, (iii) fails to pay all nonabated taxes in the manner required by Section 12 hereof, (iv) fails to maintain a new gross total payroll for employees working at the PREMISES as established in Section 9 herein and totaling new payroll of at least SEVEN HUNDRED TWENTY THOUSAND DOLLARS r 1 r l k C• 4 F s f 4 - k F (5720.00000) on or before December 31, 2003, or on an annualized basis if the PREMISES commence production on a date other than January 1, or (v) on the thirty-first day of December of each of the effective years of this Agreement fails to maintain work -in- progress, equipment, land, buildings, improvements, and tangible personal property on the PROPERTY with an ad valorem tax value of at least FOUR MILLION DOLLARS as measured by the official tax rolls of the Tax Assessor - Collector of Brazos County, Texas, then the COUNTY shall give OWNER written notice of such deficiencies or failures and if OWNER has not complied, or made satisfactory efforts to comply, within thirty (30) days of said written notice, COUNTY shall and does reserve the right to declare this Agreement in default and shall have the right to (i) recapture the taxes previously abated, or (ii) terminate this Agreement in COUNTY's sole discretion. If the Agreement is terminated, the PREMISES shall be deemed taxable and not entitled to abatement as provided herein from and after the effective date of termination. COUNTY and OWNER further agree that if OWNER does not diligently, faithfully and conscientiously pursue the completion of the contemplated initial construction and renovation of PREMISES, in accordance with the Plans (or revised Plans), and OWNER's application for tax abatement, COUNTY shall have the right to renegotiate or terminate this Agreement, and OWNER shall pay to the COUNTY the taxes that would have been paid to COUNTY had not OWNER's taxes been reduced under the terms of the Agreement. Notwithstanding the foregoing, if this Agreement is deemed in default based upon failure of OWNER to meet gross payroll requirements on December 31 of any year, OWNER shall have sixty (60) days thereafter to meet its annualized gross payroll requirement. 4 • t 01 *I 12. PayMent of Taxes After Default Should the OWNER be required to pay the COUNTY the taxes that would have been paid to COUNTY had the taxes not been abated under the terms of this Agreement, it shall pay such recaptured taxes plus interest at the rate provided for delinquent taxes in accordance with V.T.C.A., Tax Code, Section 33.01. Such payment of taxes and interest shall be due within thirty (30) days of COUNTY's termination of this Agreement and notification to OWNER of the termination of this Agreement and of the amount of taxes and interest due. The taxes and interest are delinquent and incur penalties as provided by law for ad valorem taxes imposed by COUNTY if not paid before February 1 of the year following the date on which the termination of this Agreement occurs. If OWNER believes that such recapture is improper, OWNER may file suit in the Brazos County district courts appealing such termination within sixty (60) days after the written notice of the termination by the COUNTY. If an appeal suit is filed, OWNER shall remit to the COUNTY, within such sixty (60) days after the notice of termination, any additional and/or recaptured taxes as may be payable during the pendency of the litigation pursuant to the payment provisions of Section 42.08, Texas Tax Code. If the final determination of the appeal increases OWNER's tax liability above the amount of tax paid, OWNER shall remit the additional tax to the COUNTY pursuant to Section 42.42, Texas Tax Code. If the final determination of the appeal decreases OWNER's tax liability, the COUNTY shall refund the OWNER the difference between the amount of tax paid and the amount of tax for which OWNER is liable pursuant to Section 42.43, Texas Tax Code. 13. OWNER shall certify in writing to COUNTY that all construction of the improvements to the PREMISES have been completed in accordance with the approved plan& 1 t i 1 V 1 • l a l After receipt of this certification, COUNTY shall make a final inspection of PREMISES to verify whether PREMISES have been constructed in compliance with this Agreement, and that upon so finding. COUNTY shall issue a Certificate of Compliance. 14. The tax exemption provided for by this Agreement shall exempt the value of the land. buildings and the other permanent improvements. Taxes on personalty shall also be abated, but only on those items of personalty described on a schedule of property to be furnished to the COUNTY, no later than December 31, annually, and approved and accepted by COUNTY as eligible for abatement pursuant to the Texas Tax Code. This tax abatement shall apply to the value of the PREMISES over and above the certified value of the PROPERTY for the 1998 tax year (herein the Base Year). Such abatement shall be effective for the following years and in the following percentages under the terms, conditions and limitations provided herein: YEAR % OF ABATEMENT 1999 90% 2000 80% 2001 70% 2002 60% 2003 0% 15. The Chief Appraiser of the Brazos County Appraisal District shall annually determine (i) the taxable value of the real and personal property comprising the PREMISES taking into consideration the abatement provided by this Agreement, and (ii) the full taxable value without abatement of the real and personal property comprising the PREMISES. The Chief Appraiser shall record both the abated taxable value and the full taxable value in the records. The full taxable value figure listed in the appraisal records shall be used to compute the amount of abated taxes that are required to be recaptured and paid in the event this Agreement is terminated in a manner that results in recapture. Each year the OWNER shall furnish the Chief Appraiser 3 r y l� • n with such information outlined in Chapter 22, Texas Tax Code, as amended, as may be necessary for the administration of this Agreement. The taxable value of the Property for the 1998 tax year is $488,410.00. 16. Rgpresentation. OWNER represents and warrants that no member of the College Station City Council, the Brazos County Commissioners Court or County Judge has an interest in the Premises or the Property and that the same are not owned or leased by any member of the College Station City Council, the Brazos County Commissioners Court or County Judge. 17. TcM. The teen of this Agreement shall be from date of execution through February 15, 2004. 18. Miscellaneous. a. AttorneVs Fees. If on account of any breach or default by OWNER of its obligations under the terms, conditions, or covenants of this Agreement, it shall be necessary for COUNTY to employ an attorney or attomeys to enforce or defend any of the rights or remedies hereunder, and should COUNTY prevail, COUNTY shall be entitled to any reasonable attorney's fees, costs, or expenses incurred by it in connection therewith. b. Severability. If any provision of this Agreement is held to be illegal, invalid, or unenforceable under the present or future laws effective while this Agreement is in effect, such provision shall be automatically deleted from this Agreement and the legality, validity and enforceability of the remaining provisions of this Agreement shall not be affected thereby; and in lieu of such deleted provision, there shall be added automatically as part of this S - f • ,i 1 Agreement a provision that is similar in terms and substance to such deleted provision as may be possible and yet be legal, valid and enforceable. 4 C. Texas Law To Annly. This Agreement shall be construed under and in wcordance with the laws of the State of Texas and all obligations of the parties created hereunder are performable in Brazos County, Texas. In the event of litigation, jurisdiction shall lie in Brazos County, Texas. d. Prior Agreements Superseded. This Agreement constitutes the sole and only Agreement of the parties hereto and supersedes any prior understandings or written or oral agreements between the parties respecting the within subject matter. e. Amendments. No amendment, modification or alteration of the terms hereof shall be binding unless the same shall be in writing, dated subsequent to the date hereof and duly executed by the parties hereto. E Rights and Remedies Cumulative. The rights and remedies provided by this Agreement are cumulative and the use of any one right or remedy by either party shall not preclude or waive its rights to use any or all of their remedies. Said rights and remedies are given in addition to any other rights the parties may have according to law, statute, ordinance or Otherwise, g. No Waiver. No waiver by COUNTY in any event of default, or breach of any covenant, condition or stipulation herein contained shall be treated as a waiver of any subsequent default or breach of the same or any other covenant, condition or stipulation hereof h. Assignment. This Agreement may not be assigned by OWNER, either collectively or individually, without the prior written consent of the COUNTY. Additionally, excepting a change in stock ownership of OWNER by operation of law, wherein the gross ' A�,,� t i e payroll and capital investments continue to be maintained hereunder, a change in ownership in a single transaction of fifty -one percent (51 0/6) of the stock of OWNER, or the transfer of ownership of OWNER, shall be considered an assignment for purposes of this paragraph. An assignment as prohibited above shall cause this Agreement to terminate immediately and the exemption from taxation as provided for herein shall cease. Such assignment shall, however, not i be considered a violation of this Agreement as to require the recapture of any taxes previously 1 abated herein. i. Authority to Act. The parties to this Agreement shall provide proof of authorization to execute this document. The parties hereto have executed or caused to be executed by their duly authorized officials, this Agreement in multiple counterparts, each of equal dignity, on this -13jrVI. day of 1998. • CSL OF XAS, INC. BRAZOS COUNTY, TEXAS BY: BY: •--� Prin Name: 414 1 Judge vin W. Jo es, County Judge Title: ATTEST: ZeAlue Mary Ann ard, County Clerk VOL--M f r f ri k C t ! t r i f t R t i t T _ STATE OF TEXAS § COUNTY OF BRAZOS $ This instrument was acimwledged before me on this ._a__ day o 1998, by Judge Alvin W. Jones, County Judge for Brazos County, Texas, on be f of County. �+!!'•'•:4�1 SEA'.'• !Z D. GREEN fAy Cram. g55fom WMES �''' «'� m ff•moz INUary Publ c and for tate of Texas STATE OF TEXAS § COUNTY OF BRAZOS § This instrument was acknowledged before me on thisl3!- day of 1998, by J)g= z� q Clk.,. It -- of CSL OF TEXAS, INC., a Texas corporation, on behalf of said corporation. a 'ny �tiry MV sw 01 Tom GO ''%:;,°;`•�� Notary Public in and for the State of Texas W3=.PMds • • • CSL of Texas. Inc. 60.51 Acre Tract J.W. Scott Survey A49 College Station, Brazos, County Texas Field notes of a 60.51 acre tract or parcel of land, lying and being situated in the J.W. Scott Survey. Abstract No. 49, College Station, Brazos County, Texas, and being all of the 25.00 acre tract described in the deed from Texas Instruments Incorporated to Bryan Coca -Cola Bottling Company recorded in Volume 2730. Page 86, of the Official Records of Brazos County. Texas. and being part of the 167.64 acre tract described In the deed from Texas Instruments Incorporated to CSL of Texas Ina. recorded to Volume 2730, Page 82, of the Official Records of Brazos County. Texas. and being more particularly described as follows: BEGINNING at the W iron rod found at an 8" creosote post fence comer marking the north comer of the beforementioned 250.00 acre tract in the southeast right- of-way line of Farm to Market Road No. 60. (12(Y right -of -way) same being the occupied west comer of the Peters, et all - called 46.19 acre tract as recorded in Volume 223. Page 112. of the Deed Records of Brazos County. Texas. THENCE along the common occupied line between the beforementioned 250.000 acre tract and the beforementioned 46.19 acre tract, with an old fence fine, as follows: S 53.39' 04" E for a distance of 119.53 feet to a W iron rod set at an angle point comer. from which a 4" cedar post bears N 23.1 S 08" E -12 feet, and a 20" post oak tree fence angle point bears S 51.15' 46" E -18.3 feet; S 46.08' 49"E for a distance of 162.98 feet to a 27" post oak tree fence angle Point; S 43.17'58" E fora distance 12828 feet to a W iron rod set for angle point, comer, from which a 20" post oak tree fence angle point bears N 45" 08' 29" W - 9.0 feet; S 44.31' 15" E 1269.44 feet to a W iron rod found at moss -do fence corner marking the south comer of the said 46.19 acre tract; S 44.59 40" E along the common line between the said 250.00 acre bad and the 2.00 acre had described in the deed to E.H. Harte recorded In Volume 507. Page 568, of the Deed Records of Brazos County. Texas, for a distance of 254.38 feet to a W iron rod set; Mauro ego � surev�nwo ft"AK Toms s S t r P r i • w L THENCE S 44.21 44" W 1510.30 feet to a'iV iron rod set In the northeast right- of-way line of a proposed 7a right -of -way, same being a curve concave to the southeast, having a radius of 1030.42 feet; THENCE along the northeast right- of-way line of the proposed 70' right -of -sway as follows: Northwesterly for an arc length of 54.69 feet to a IV iron rod set at a point of reverse curve having a radius of 1100.42 feet; the chord N 15' 47 27' W 54.69 feet; Northwesterly for an acre length of 604.07 feet to a W iron rod set at the end of the curve, the chord bears N 29.54' 42" W 596.51 feet; N 45.38' 16" W 1319.01 feet to a IV iron rod set In the southeast right -0f -way line of Farm to Market Road No. 60; Thence N 44.15 21" E along the southeast right-of-way line of Farm to Market Road No. 60 for a distance of 1336.18 feet to the PLACE OF BEGINNING containing 60.51 acres of land more or less. I OF -Surveyed F ry 1998 t 8.M. Ku o by .M. ing 4 2003 ••; Fess���i�� su�v ■ . E3GMIT W KUND X00 AND SURVEY1MM • snr�ua Tour r t 4 L \Y l J THE FOLLOWING DOCUMENT IS THE BEST IMAGE POSSIBLE DUE TO THE POOR QUALITY OF THE ORIGINAL ii • i ; / I H_= 1 trc�.r V. _ —rte r1 r y o� }0 r �V =V oO r 'V �z Z04 < o I A2 r s �s zip r �r I al I trc�.r V. _ —rte r1 r y o� }0 r �V =V oO r 'V �z Z04 < o I A2 r s �s zip r �r I al I Y 0 a BRAZOS COUNTY COMMISSIONERS' COURT ACTION .- DEPARTMENT ;.:. and Bridge NUMBER 560001 DATE OF • - 7/07/98 Permission • enter Tom Williams' •V! 11 located •1 Frangis Road-f.Qr the pm=se of stockpiling Grade 4 rock for road construction grojects. Signgd permission L• 111 is attached. • ' • in Precinct _ SOURCE OF FUNDS: NIA I. NOTESIEXCEPTIONS:. II. ACTION REQUESTED OR ALTERNATIVES: SVWITTED BY: APPROVED BY: Richard F. Vance, P.E. "-Comm, i-ssioner William S. Thornton County Engineer Precinct 2 CC98 -056 11 Approved6eniedO by Commissioners'.Court Date: 7- 7• Alvin W. Jones,- County Judge a��aG�. a4 v i' i f Y Y 0 a BRAZOS COUNTY COMMISSIONERS' COURT ACTION .- DEPARTMENT ;.:. and Bridge NUMBER 560001 DATE OF • - 7/07/98 Permission • enter Tom Williams' •V! 11 located •1 Frangis Road-f.Qr the pm=se of stockpiling Grade 4 rock for road construction grojects. Signgd permission L• 111 is attached. • ' • in Precinct _ SOURCE OF FUNDS: NIA I. NOTESIEXCEPTIONS:. II. ACTION REQUESTED OR ALTERNATIVES: SVWITTED BY: APPROVED BY: Richard F. Vance, P.E. "-Comm, i-ssioner William S. Thornton County Engineer Precinct 2 CC98 -056 11 Approved6eniedO by Commissioners'.Court Date: 7- 7• Alvin W. Jones,- County Judge a��aG�. a4 v ■ . E os r J: ■ . E os • • 01 . q C BRAZOS COUNTY J PRIVATE PROPERTY ACCESS PERMISSION FORM Alm W. .AJonas County M90 Tong Jones OF B commissioner Pd t MI&A" S. Thomson O Commbsiwwr Pet 2 Rends Sims b'a� Inlout�� Commbsiawr Pet 3 ' Cammbsfawr Pot 1 _ Date ,6—z3 Ali #/I. LAND OWNER AND ADDRESS C/ /inw A4�— r `'ll. LOCATION OF WORK ploA III. DESCRIPTION OF WORK TO BE DONE ,C� L�.dP "il�- to IV. MAINTENANCE YES.— NOg IF YES, ESTIMATE FREQUENCY OF MAINTENANCE (Owner will be notified prior to maintenance) Richard F. Vance, P.E. EngirtsVMde/Foreman County Engineer �y ✓OWNER'S SIGNATURE ,�� DATE r �� Z5/9p(`V/% r t Y V , F a r BRAZOS COUNTY • • NERS' COURT ACTION •' DEPARTMENT Road and Bridge NUMBER 560001 DATE OF • ••: R2quest from GTE to mlocate buried cable (for Brazos C• t the 1 • 1 • ways of Wheelock Hall Road and Locke Road for Wheelock H 11 D—A . 1 . 1 • • ft l 1 1 _ SOURCE OF FUNDS: N/A I. PRESENTATION: A) No work will be permitted between front slope and/or back slope. B) The line shall be installed 1) within 3-6 of and parallel to the right-of -way Me and/or 2) in the case of a road bore, perpendicular to the right- of-way line. C) If clearing of brush, trees and other obstruction is necessary, it shall be the Apptipnrs responsibility to do so and to remove all Geared brush, trees etc. from County right -of -way. D) Ditch line shall be compacted to 90% standard density ASTM -Test Method No. D-698; test shall be conducted by an independent Geotechnical testing firm; copies of all test results shall be furnished to the office of the Brazos County Engineer. E) Construction shall be In strict conformance to the latest Texas Manual of Uniform Traffic Control Devices for Streets and Highways. published by the Texas Department of Transportation. and all other State and Federal laws governing utility construction. II. ACTION REQUESTED OR ALTERNATIVES: SUBMITTED BY: APPROVED BY: 5 Richard F. Vance, P.E. Commissioner William S. Thronton County Engineer Precinct 2 CC98 -057 // Approvedl]i&niedO by Commissioners' Court Date: ? •- 7- qg x Alvin W. Jones, C unty Judge VOL 25-D Q , 1 i L June 16, 1998 ® GTE etwortt Servkes Access Design 301 Industrial Blvd. Richard Vance Brazos County Engineering Office County Engineer 2617 W. Hwy 21 Bryan, TX 77803 Dear Sir. Subject: AGRMNTS 24 BURIED CABLE Enclosed are Form ED -135 and work location sketch showing the location of our proposed buried cable line on County Roads in Brazos County at Kurten, Texas. This work is to be completed on Work Order 5435 - 3P001 DG which is scheduled for July 6, 1998. If you have any questions concerning this order, please contact Joe Young at our office in Bryan, telephone 409- 8214303 within 15 days so that we may explain or modify our proposal, otherwise, it is understood that this is approved. Sincerely, W,& Charlie Clanton Senior Designer - Access Design CC:ec Attachment ivo T F� VQ ....nt .d l=•ii C.rYi, a dry F ' t r _ s i f r 1 } r l t r .t ,r tN , • - IiI Y t • a i GENERAL TELEPHONE NOTICE OF COMMUNICATION COMPANY LINE INSTALLATION June 16, 1998 TO THE COMMISSIONER'S COURT OF BRAZOS COUNTY ATTENTION COUNTY JUDGE: Formal notice is hereby give that GTE will construct a communication line within the right- of-way of a County Road in Brazos County, Texas as follows: GTE will place a 200 ft. Section of buried telephone cable at the intersection of Wheelock Hall Road and Lock Road at approximately 3 ft. In the newly established R.O.W. GTE will also lower two (2) existing buried cables at the northwest intersection, bury two (2) existing pedestal splices, and move a pedestal with a load coil along Wheelock Hall Road. This work is being done at the request of the Brazos County Road District. The location and description of this line and associated appurtenances is more fully shown by two (2) copies of drawings attached to this notice. The line will be constructed and maintained on the County Road right -of -way in accordance with governing laws. Notwithstanding any other provision contained herein, it is expressly understood that tender of this notice by the GTE Southwest Incorporated does not constitute a waiver, surrender, abandonment of impairment of any properly rights, franchise, easement, license, authority, permission, privilege or right, now granted by law or may be granted in the future and any provision or provisions so construed shall be null and void. Construction of this line will begin on or after June 1, 1998. GENERAL TELEPHONE COMPANY 5435 - 3P001 DG rlie Clanton Senior Designer - Access Design 301 Industrial Blvd. Bryan, Texas 77803 l C va���� _ F .. THE FOLLOWING DOCUMENT IS THE BEST IMAGE POSSIBLE DUE TO THE POOR QUALITY OF THE ORIGINAL ALI X"A ONMDIJAI VISO 4b. 35 33 off), I COULT94 awfum an rd as zz At qua,,, N LOCATES: �•� WATER 589 -3030 TELEPHONE 800- 344 -8377 ' �ooe 0 N85 / - aW-DIG -TESS •aw -OIG-T SS T `� ` \ / /' PLACE SPLICE ZYWARNING IN PD8 IN \ " BURIED SPLICE CLOSURE I `\ ` "' /' TO MIhIMI E log RISK OF SERVICE DEGAMATION! ACTIVITY 'PwCLvPiG THIS TRANSMISSION EDAPT.SH"D BE LIMITED TO THE MAINTENANCE MRODI/ AND BURY IN PIT ' NOC ONLINE TRANSMISSION SUPPORT N714•815.8150 24 /OURS PER DAY ... 7 DAYS PER JREK 50 FT 40PVC \\ /' �' PEO q 6EFOE STARTING ANY WORK.ASK YOURSELF THESE "STIONSN L 010 1 -REVIEw RECOVERY PROCEMMS? `\ / �� / ?. HAVE I IDENTIFIED SERVICES NO USE" [WWI? IN �h / 3. NAVE I FILED A NIGH RISK ACTIVITY REPORT? 'i` _. REMOVE P E D I S T A L S I `, . , A. 00 1 HAVE A REGRESSION TEST PLAN? t� BOTH S NAVE THE USERS BEEN NOTIFIED O THE CHANGE? Q! r? ORK MARKED PD8. °' PH£RFORMEDC00440 >HE 1IIIOT(W? S'°"L° . s / / PEO b -7x 7. Do 1 HAVE A METHOD aF ? � 1t 2 I / / % AN I CONFIDENT 1 CAN PLERFORM THE OUTAGE? 0 TLY 00 SAFELY? / PO 0 / IF YOU ANSWERED NO TO ANY OF THESE MASTIO)M OR FEEL ,THAT VW DIG UP / / CANNOT COMPLETE THE !JOB SAFELY? / I / STOP 00 440T ATTEMPT THE .JON CALL YOUR SUPERVISOR IMEDIATELYI BEWARE OF WATER LINES , -'SEE WP #3 I NOTE AREA OBSERVE ALL SAFETY RULES, m sIi AREA STATES TX DIVISION: TEXAS AREA I ExCH.:3A30 IREM. CD.: 000 LOCATE ALL EXISTING BURIED TELEPHONE CABLES AND, UTILITIES. "°� MOVE E,°° �uNTRIS NUMBER: I!TLE:ROAO MOVE M►EELOCK HALL Rp TAX OST.: 15001 T wP: RNG.: -r -.c4. SAL: 3-CO • _r -ATE: 0644 99 REV. DATE;r —_ -- _ DALE: 14501 F ILEt ORwH; 1 ft4... .1pF•ID PRINT WP1 JOY —! JOY ! 1 of 3 •. • 1:f �, � iA titer• �I. -. 'Y s THE FOLLOWING DOCUMENT IS THE BEST IMAGE POSSIBLE DUE TO THE POOR QUALITY OF THE ORIGINAL . 1 N IV WARNING 563 --b mmem K am w w•rQ RO.grp�KrMr• Arpq,p M \ •583 le» -• DIG UP AND CUT AROUND 100 PAIR CABLE "°`Da arna%ft" � M•122250 ''a °"J ""°'�+a vro"1 �D" vi+• 0'2423.10 � ++ w. o•. •• r o la WAS AE8 50 -22 9r«rrro.w.oa.•..vwaV •st "Slim* 1 w.rtw mcow■. mamaRq \ 03006.101 -150 L112 /P08 a 1 r ..o m Kme "08 ll � \ 00 1w4t • RD\L7m ctif ftA" L wiR hf OEM sari emrm v be O+up • L •2057997 Avr I m ap ism 00" t \ -► % mw I K� race s mmmiwv • °� \ •W1 Oft "agW N caw w/r0urdom1 \ 02057937 IPPX- 871- -o ♦ M 1 cwam' 1 Cal "pro" be o■ cwmmt re wutp \ <9P0010G> N•122280 "0 � 1"O,� A ��+t �rwaw.ca \ 227.242310 `\ '•x 03006. 81- 05 (PPX> &582 tlpr •D1 &$WWI *4 u+ ma wvwm �•o c \ 00e6.106 -200 (FOX> &582 LOWER BOTH CABLES ALONG LOCKE RD. A DISTANCE OF 100 FT. FROM EDGE OF WHEELOCK •HALL RD. /� / ♦�� ' STA 0.10 1112 /PDR � � y S ♦ ♦\ ' WATER YALYE j'9 /' / �L� 0•� L112/PDIO Ib 0/ � 010 IF 00 SET PED pe• / DTC LP AND SET PED / `1b m \ '�• 0285791 -e \ .'�•w yQ ym 02057%12 2zee 187' 02057942 (PP) / / + M6 2.23.0 <3P001DG> M8282480 \ ., •� , UEF 100 -22 223 2423.10 �' c98e6.ie1 -tee a2e57997 ASP 100-24 O �a �ae�,� ��'• �� �� C300G.101 -200 <PP> &582 �e�'e \� ?/e •`'�•� �, �' i' �►�' V. vim` \ c,Q/ � W/ \\ BEWARE OF WATER LINES Dlwle SEE WP• 3 `\ NOTE AREA-OBSERVE ALL SAFETY RULES, ® sit AREA STATE, TX DIYISIONt TEXAS AREA EXCH.15135 REM. CO.: 000 LOCATE ALL EXISTING BURIED TELEPHONE CABLES AND UTILITIES, InE: o D MOVE "�ELO�CKIHALL RO TAXTDST• &N4M�is ' TNPI RNG.: ISECa SAL: 3-CO PLACE NEW CABLE APPDX, 3 FT. IN R.O.W. IF EXISTING UTILITIES ALLOW. DATE, 06/01 /98 REV. DDATE ENG APRYp ALEtPRIN5W FILEI WP2 JDr JDr 2 , 3 "113 MOINIF 1 I „ , i t I i r i tt l� : 1 I € S r e I G C : 5 � - _• SEE WP• 2 . I. -I .4 .1 .1 . _ i . - � J WARNING Seez .. �l 2ENSS TO MINIMIZE THE RISS OF SERVICE DEGAAD&VKFLACTIVITT DIIIQVOG TIK TRANSMISSION EDAPT.SHMLD BE LIMITED TO THE IWNTENANCE WPOOW NOC OLDE TRA >gSSIO>t SIVPORI 1214.815 -8170 24 HOLDS PER DAY ••. 7 DAYS PER VU. BEFORE STARTING ANT 10044ASU YOURSELF THESE OUES110Mr L DID 1 IEVIEW RECOVERY PliOtfDURES2 2. HAVE I IDENTIFIED SERVICES APO USER'S OPACT7 %N 3. NAYE IFILED A NIGH RISK ACTIVITY REPORIP + A. DO 1 NAVE A REOIESSIOI TEST PLAN? 7. HAVE TIE USERS BEEN NOT9FIED OF THE CW 4 E7 jou i. HAVE 1 CIECKEO TO SEE F THE kWA S+QLO K r w PERFORMED DURING THE WOW 7 7. 00 1 HATE A IETH D OF PROCEDIfE7 CE IS 6 DO 1 KNOW WHO TO CALL Of CASE OF AN OUTACE7 % AN I COiIDENT I CAN PEWOF*4 THE WOK COIiiECTLr AND SMQT7 IF TOU ANSWERED NO TO ANY OF THESE OIESTIOM.OR FEEL TIMT TOJ [MIDI COMPLETE THE J® SNELr7 NOT ATTETPT TIE J®1 CALL I" SiERY1SOR POWATEL MOVE PD10 -5X AND LOAD COIL BACK TO FENCE LINE. CUT IN SECTION OF CABLE IF NECESSARY. �o • 02056102 2423.10 198, 14.240189 CASE770 /25 TYP 662 C 3006.126 -145 X00.21-25 �_ \\ \ • •2598 242110 1871 \ 14.210006 \ CASE1521 -1 TYP 662 \ C 3006.101- IDs REMOVE PD10 -3X\ PLACE SPLICE IN BURIED CLOSURE �`�~ \c �ms9 �9e,, AND BURY e�`�ee'1 ~ 1e\ . BEWARE OF WATER LINES \\ SEE WP01 \\ D1191 NOTE AREA— GT S11 AREA STATE: rR OBSERVE ALL SAFETY RULES. DIVISION: TEXAS AREA EXCH. :'5735 REM.CO.:d00 M.C.: 9890 WO NO.: 3P001DG ONTROL NUMBS LOCATE ALL EXISTING TELEPHONE CABLES AND BURIED' UTILITIES■ IIILE :ROADMM"ELOCK HALL RDTAXDST.: .5001 1 WI:: RN6.: SEC.: SAL: 3 -CO FF E_: 06109f% REV. DATE: SCALE: 1'•90' .' WP3 DRMN ENG f.FR IC PRINT 3 JOY JOY 13 .)r \ 1 : I t 1f 1' I € D11918 ! R • 1. t t >w \ 1 : I t 1f 1' I € D11918 ! R • 1. • 6 1 The State of Texas, County of BRAZOS We, the undersigned, as County Commissioners within and for Brazos County, and the Honorable Alvin W. Jones, County Judge of Brazos County, constituting the entire Commissioners' Court of Brazos County, during a regular meeting of said Court have examined the foregoing report and have caused an order to be entered upon the Minutes of the Commissioners' Court of Brazos County approving said Report as presented and submitted as true and correct by Kay Hamilton, Treasurer of Brazos County, as provided for in the Revised Statutes of the State of Texas. (Te= Local Government Code, 114.026) Witness my hand this _Z day of T Ly A.D. 19__. Mary Ann and County Clerk, County of BRAZOS, State of Texas Examined and approved in open Commissioners' Court this '77" day of JULY A.D. 19 476. Alvin Tony Tones, Commissioner Precinct #1 #2 Randy Si , commissioner Precinct #3 CArcy Caul e , Commissioner P cci ct #4 Treasurer's Reports dated: APRIL 1998 and MAY 1998 ' . , E d t r i 'I1 FII + i W fi APRIL 1998 TREASURER'S REPORT FUND NAME GENERAL FUND LAW LIBRARY FUND BALANCE 3131/98 20,983,145.71 65,401.42 842.90 INCOMING 1,541 161.75 3,330.20 688.96 INVESTED TEXPOOL INTEREST - APRIL 72,632.69 SUB -TOTAL 22,596,940.15 68,731.62 153.94 4,840.00 DISBURSED 2,328,701.05 1,632.47 5.00 3,290.00 FUND BALANCE 4130198 20,268,239.10 67,099.15 158.94 1,550.00 INVESTED 20,166,915 86 - _ ENDING AL. 101 323.24 87 099.15 158• 1 550,00 APPELLATE JUDICIAL FUND ALTERNATIVE DISPUTE RESOLUTN 3,280.00 1,560.00 - - 25,618.36 1,807.50 23,810.86 - 23,810.86 LEOSE FUND 25,618.36 � 110,251.29 5.00 110,246.29 _ 110,246.29 COUNTY RECORDS MANAGEMENT 106,8fi1.48 3,389.81 - 123,817.25 2,150.40 121,666.85 - 121,666.85 COUNTY CLERK MGMT.FUND 118,762.33 5,054.92 198,498.61 5.00 198,493.61 198,493.61 COURTHOUSE SECURITY FUND 192,345.69 6,152.92 - 35,881.93 26,407.56 9,474.37 VIT INTEREST FUND 35,738.45 2334 120.14 35,881.93 51,535.88 13,456.31 38 079.57 STATE LATERAL ROAD 51,380.87 93.79 61.22 51,535.88 177,102.13 - 1,508.89 175,593.24 175,593.24 JUVENILE JUSTICE CENTER 176,665.92 436.21 - - 5,160,575.83 197,465.89 4,963,109.94 4,940,834.38 22,275.58 GEN.PERMANENT lMPV. 5,160,575.83 - 5,508.33 1,983,879.08 25,490.33 1,958,388.75 1,713,137.69 245,251.08 ROAD E BRIDGE PROJECTS 1,975,240.88 3,129.87 171,416.85 68.222.94 103,193.91 103,193.91 HEALTH DEPARTMENT 40,372.84 131,044.01 - 165.74 38,247.66 99.00 38,148.66 36,430.21 1,718.45 VOTER REGISTRATION 38,077.44 4.48 1,598.62 1,256,721.71 240,482.59 1,016,239.12 703,047 66 313,191.46 HEALTH 8 LIFE INSURANCE 1,021,732.66 233.390.43 1,089,380.97 918,702.11 170,678.86 170,678.86 PAYROLL 356,156.45 733,224.52 49,292.24 - 49,292.24 49,292.24 BAIL BOND BOARD FUND 49,170 84 121.40 - 80,086.74 33142,577.62 3,789,568.17 29,353,009.45 27,600,229.67 1 752,779.78 TTL.OF ACCTS.IN POOL 30,399,684.27 2,662,806.61 1,309,691 89 - 1,309,691.89 1,305,798.62 3,893.27 GEN OBLIG DEBT SVC. 1,308,441.55 2.48 1,247.86 low 31,708,125.82 2,662,809.09 81,334.60 34,452,269.51 3,789,568.17 30,662,701.34 28,906,028.29 1,7511,673.05 TOTAL Brazos County Treasurer, oil This report is submitted as true and correct to Commissioners Court b cJ , t pe, lba MAY 1998 TREASURER'S REPORT FUND NAME AL FUND 3RARY ATE JUDICIAL FUN IATIVE DISPUTE RI FUND ITHOUSE SECURITY FUND JTEREST FUND E LATERAL ROAD NILE JUSTICE CENTER PERMANENT IMPV. ) 8 BRIDGE PROJECTS .TH DEPARTMENT :R REGISTRATION .TH 8 LIFE INSURANCE tOLL BOND BOARD FUND .ti::�•�.'ti�ti��ti: �. fti�:ti :::•. FUND BALANCE INCOMING INVESTED TEXPOOL SUB -TOTAL DISBURSED FUND BALANCE INVESTED ENDING BAL.. INTEREST - MAY 5/31/98 5131198 20,268,239.10 1,549,856.85 71,223.11 21,889,319.06 2,679,066.90 19,210,252.16 19,237,152.14 26,899.98 67,099.15 3,380.44 - 70,479.59 2,213.75 68,265.84 - 68,265.84 158.94 22,940.00 - 22,781.06 1 22,781.06 - 22,781.06 1,550.00 1,510.00 1.060.00 1,550.00 1,510.00 - 1.510.00 23,810.86 - - 23,810.86 786.00 23,024.86 - 23,024.86 110,246.29 3,322.76 - 113,569.05 - 113,569.05 - 113,569.05 121,666.85 5,504.36 - 127,171.21 2,623.53 124,547.68 124,547.68 198,493.61 4,797.98 - 203,291.59 - 203,291.59 - 203,291.59 35,881.93 48.78 124.47 36,055.18 36,055.18 26,532.03 9,523.15 51,535.88 196.04 63.42 51,795.34 - 51,795.34 13,519.73 38,275.61 175,593.24 903.99 - 176,497.23 1,766.50 174,730.73 - 174,730.73 - 4,963,109.94 104,602.19 4,858,507.75 4,940,834.38 82,326.63 4,963,109.94 1,958,388.75 - 1,262.60 8,074.54 1,967,725.89 107,399.17 1,860,326.72 1,721,212.23 139,114.49 103,193.91 74,118.99 - 177,312.90 78,726.70 98,586.20 - 98,586.20 38,148.66 8.85 171.71 38,329.22 276.15 38,053.07 36,601.92 1,451.15 1,016,239.12 232,878.68 3,313.68 1,252,431.48 324,228.94 928,202.54 706,361.34 221,841.20 170,678 86 745,152.91 - 915,831.77 739,505.25 176,326.52 - 176,326.52 49,292.24 753.77 - 50,046.01 198.43 49,847.58 - 49,847 58 _ 20,000.00 20,000.00 - 20,000.00 29,353,009.45 2,646,637.00 82,970.93 32,082,617.38 4,062,943.51 28,019,673.87 26,682,213.77 1337,460.10 59,410.27 1,292.80 1,911,028 88 63,643.75 1,847,385.13 1,906,795.40 1,309,691.89 600,044.19 30,662,701.34 3,246,681.19 84,263.73 33,993,646.26 4,126,587.26 29,867,059.00 28,589,009.17 1,278,049.83 3 • r suer, on 1 This report is submitted as true and correct to Commissioners Court by , Brazos County Treasurer, i •• This •• , C• F- A 1 i � v y F r t• 1� 5 4 � k ; • has een • . i 1e'ft blank i ' L