STATE OF TEXAS
APPLICATION FOR QUALIFIED HURRICANE IKE DISASTER AREA BOND DESIGNATION
This application is required pursuant to the Proclamation of the Governor of the State of Texas issued on December 7, 2009, providing for administration of the qualified Hurricane Ike disaster area bond program and establishing priorities for the designation of such bonds.
**APPLICATION FEE: $1,000
Fees should be sent to: Comptroller of Public Accounts
Item Processing – Lock Box Section
208 E. 10th Street
Austin, TX 78701
TO: Program Administrator
Texas Bond Review Board
300 W. 15th Street, #409
Austin, Texas 78701-1649
DUPLICATE: Director, Division of Disaster Recovery and Renewal
Office of the Governor
P.O. Box 12428 Hand delivery: 1100 San Jacinto Avenue
Austin, Texas 78711 Austin, TX 78701
Name of Project
Parties (only include applicable items)
1. Issuer
Issuer Name:Principal Contact:
Address:
Telephone:
E-mail:
Issuer’s Authorizing State Statute:
2. Obligor/Project User
Name:Principal Contact:
Address:
Telephone:
E-mail:
Business Structure:
State and Date of Incorporation/ Creation:
3. Issuer’s Sponsoring Governmental Unit
Name:Principal Contact:
Address:
Telephone:
E-mail:
4. Bond Counsel
Name:Principal Contact:
Address:
Telephone:
E-mail:
5. Underwriter
Name:Principal Contact:
Address:
Telephone:
E-mail:
6. Financial Advisor
Name:Principal Contact:
Address:
Telephone:
E-mail:
7. Authorized Representative of Issuer
Name:Principal Contact:
Address:
Telephone:
E-mail:
8. Others: Please indicate any others you would like to receive emailed requests for further information or notifications regarding reservations.
NAME / E-MAILBond Qualification Details
9. Designation is hereby requested in the principal amount of $
In the event that the State is unable to grant a designation for the full amount requested, applicant will not accept a designation less than $
10. Qualified Project Type
Nonresidential Real Property
Public Utility Property
Qualified Residential Rental Project
Qualified Mortgage Loans for single family housing for homeowners who suffered home damage in Hurricane Ike
11. Location of Project or single family homes (include county and zip codes)
Project Details
Complete the questions under this heading for projects other than qualified mortgage loans.
12. Did the entity that will own or use the Project suffer a loss in Hurricane Ike?
YesNo
Yes
No
If not, will the entity that will own or use the Project be carrying on a trade or business replacing a trade or business with respect to which another person suffered a loss attributable to Hurricane
Ike?
13. Briefly describe the Project, the extent to which it involves repair or replacement of property damaged by Hurricane Ike, and the type of business of Obligor/User.
14. Estimated project costs broken down by:
LandBuilding
Equipment
Interest during Construction
Costs of Issuance and net Original Issue Discount
Other
TOTAL
Less other sources of funds
Bond Amount*
*The total bond amount should equal the amount in Question #9.
15. Anticipated total payroll resulting from or expected to be saved by Project $
16. Unemployment from the Texas Workforce Commission from the most recent month of the county (ies) or Metropolitan Statistical Area (MSA) in which the Project is located?
17. Number of expected full-time equivalent jobs to be created?
Number of expected full-time construction/temporary jobs?
18. Average salary of permanent jobs created
19. Does the Project development plan provide jobs that enhance opportunities for Texas in technology, advanced manufacturing, environmental processing or other areas that provide for a specialized workforce? If so, how?
20. Is a workforce training program a component of the Project’s development plan?
21. In what other way would financing of the Project with tax-exempt bonds further the public interest?
22. Key Dates
DATE (M/D/Y)When designation is required
Estimated completion of plans and specs
Estimated commencement of construction
Estimated completion of construction
Estimated date project to be placed in service
Project Financing
23. Expected closing date
24. Has this Project received a previous reservation for tax-exempt financing?
YesNo
Is this Project eligible for any other type of tax-exempt financing?
YesNo
If yes, please explain why this Project should receive Ike Bond allocation as opposed to pursuing other types of tax-exempt financing.
*Use continuation sheet to provide additional information.
Application Attachments
25. Certification Regarding Fees & Check Copy, on the form prescribed by the Board
Inducement Resolution or Preliminary Action
Legal Counsel Opinion (Qualified Hurricane Ike Bond and authorization under state law)
Issuer's Certified Articles of Incorporation and Bylaws
Issuer's Certificate of Continued Existence
Obligor’s/User's Articles of Incorporation and Bylaws
Obligor’s/User’s Certificate of Continued Existence (except for qualified mortgage loans)
Obligor’s/User's Certificate of Good Standing (including partners or parents) (except for qualified mortgage loans)
Estimated Sources and Uses of Funds
Project Certification
26. Certification: The information contained in this Application for qualified Hurricane Ike disaster area bond designation and related attachments is, to the best of our knowledge, true and accurate.
______
(Name of Issuer)
______
(Signature)
_____
(Name/Title)
______
(Date)