Exhibit "A"

ANNUAL REPORT TO

TAXING UNITS THAT LEVY TAXES ON PROPERTY WITHIN THE ZONE

TAX INCREMENT FINANCE REINVESTMENT ZONE #1

GENERALLY KNOWN AS WOLF PEN CREEK TAX INCREMENT FINANCE DISTRICT

HARVEY TO HOLLEMAN BETWEEN TEXAS AVE AND DARTMOUTH AND

HOLLEMAN TO COLGATE FROM DARTMOUTH TO HARVEY MITCHEL

Reporting Period: October 1, 2002 through September 30, 2003

REPORTING REQUIREMENT ACTIVITY

I.  Amount and source of revenue in the tax increment fund established for the zone

City of College Station $145,491

College Station Independent School District 258,998

Brazos County 113,269

Investment Income (net) 62,275

Total Revenues $580,033

II.  The amount and purpose of expenditures from the fund $ 0

Capital Projects $ 904,157

Debt Service 492,500

Total Expenditures $1,396,657

III.  The amount of principal and interest due on outstanding bonded indebtedness Remaining Principal: $1,900,000

Remaining Interest: 204,250

Annual principal payment: $ 400,000

Annual interest payment: 92,500

IV.  The tax increment base and current captured appraised value retained by the zone:

City of College Station Base: $18,504,453

Captured Value: 30,565,663

Brazos County Base: $18,502,607

Captured Value: 30,533,129

College Station Independent Base: $18,484,453

School District: Captured Value: 30,240,663

V.  The captured appraised value shared by the city and other taxing units:

City of College Station $30,565,663

Brazos County 30,533,129

College Station Independent 30,240,663

School District

VI. The total amount of tax increments received: $ 517,758

VII.  Any additional information to demonstrate compliance with the tax increment financing plan:

None


ANNUAL REPORT TO

TAXING UNITS THAT LEVY TAXES ON PROPERTY WITHIN THE ZONE

TAX INCREMENT FINANCE REINVESTMENT ZONE #15

GENERALLY KNOWN AS HOTEL/CONFERENCE CENTER TIF

UNIVERSITY DRIVE IN THE HIGHWAY 30/60 CORRIDOR

Reporting Period: October 1, 2002 through September 30, 2003

REPORTING REQUIREMENT ACTIVITY

II.  Amount and source of revenue in the tax increment fund established for the zone

City of College Station $0

Bryan Independent School District $0

College Station Independent School District $0

Brazos County $0

Investment Income (net) $0

Total Revenues $0

III.  The amount and purpose of expenditures from the fund $0

VI.  The amount of principal and interest due on outstanding bonded indebtedness Remaining Principal: $4,430,000*

Remaining Interest: $1,965,995*

Annual principal payment: $0*

Annual interest payment: $0*

VII.  The tax increment base and current captured appraised value retained by the zone:

City of College Station & Brazos County & Base: $3,444,610

College Station Independent School District: Captured Value: $0

VIII.  The captured appraised value shared by the city and other taxing units:

City of College Station & Brazos County &

College Station Independent School District $0

VI. The total amount of tax increments received: $0

VIII.  Any additional information to demonstrate compliance with the tax increment financing plan:

*All expenditures related to debt service have been paid outside of the TIF fund. Due to delayed tax increment, debt service has been covered with Hotel/Motel tax revenues and fund balance in the city's General Debt Service Fund.

ANNUAL REPORT TO

TAXING UNITS THAT LEVY TAXES ON PROPERTY WITHIN THE ZONE

TAX INCREMENT FINANCE DISTRICT, REINVESTMENT ZONE #4

GENERALLY KNOWN AS MELROSE APARTMENTS

Reporting Period: October 1, 2002 through September 30, 2003

REPORTING REQUIREMENT ACTIVITY

III.  Amount and source of revenue in the tax increment fund established for the zone

City of College Station $ 0

College Station Independent School District 0

Investment Income (net) 1,176

Total Revenues $1,176

IV.  The amount and purpose of expenditures from the fund

Reimbursement for infrastructure $ 96,000

Total Expenditures $ 96,000

IX.  The amount of principal and interest due on outstanding bonded indebtedness Remaining Principal: $0*

Remaining Interest: 0*

Annual principal payment: $0*

Annual interest payment: 0*

X.  The tax increment base and current captured appraised value retained by the zone:

City of College Station and Base: $3,395,065

College Station Independent Captured Value: 0

School District

XI.  The captured appraised value shared by the city and other taxing units:

City of College Station $0

College Station Independent

School District

VI. The total amount of tax increments received: $0

IX.  Any additional information to demonstrate compliance with the tax increment financing plan:

*The payment made during the reporting period completes the obligations of the Melrose TIF and uses the balance of the funds available. This is the final report on the Melrose TIF.