1. Request for Enterprise Project Designation from EFW Inc. Presented to the Housing & Economic Development Committee May 5, 2009

2. Texas Enterprise Zone Program Program Objective The Texas Enterprise Zone Program is an economic development tool for local communities to partner with the State of Texas to promote job creation and capital investment in economically distressed areas of the State. What is an Enterprise Project? An enterprise project is a business that is nominated by a municipality or county and approved by the bank for state and local benefits. State incentives include state sales and use tax benefits based on capital investment and jobs created and/or retained during the designation period. The State may designate up to 105 enterprise projects each biennium.

3. Projects are nominated by the City or County and application is made to the State. Must have at least 35% of new/retained employees that meet economically disadvantaged or enterprise zone residency requirements. Jobs must provide employment of at least 1,820 hours annually. Jobs must exist through the end of the designation period, or at least three years after the date on which a state benefit is received, whichever is later. Enterprise Project Requirements

4. State sales and use tax refund on qualifying expenses –Designated projects are eligible to apply for state sales and use tax refunds on qualified expenditures. The level and amount of refund is related to the capital investment and jobs created at the qualified business site. Overview of Enterprise Project Benefits

5. EFW Inc Overview EFW Inc. is a subsidiary company of Elbit Systems of America. EFW is a full service electronics supplier, specializing in sophisticated hardware and software solutions for upgrade, integration and enhancement projects. EFW is a fully accredited U.S. Department of Defense supplier.

6. Key Information EFW Inc is situated just north of interstate 820 off of Marine Creek Parkway Company located in Council District 7 Has a 218,000 square feet facility at Marine Creek and 41,000 square feet facility at Meacham. 725 employees (665 employees at Marine Creek and 60 at Meacham ) with total Payroll of $51,072,000 and an average annual salary of $76,800 EFW Inc

7. Projected Capital Investment: Engineering$ 5,735,000 Building and Facility$ 6,777,000 Manufacturing$ 4,134,000 Information Technology$ 9,200,000 Other $ 6,043,000 Total $31,889,000 500 jobs retained with payroll of $38.3 million Company will submit the necessary annual paperwork to State to receive benefits Request requires no fiscal obligation from City Benefit to Fort Worth

8. Potential State Incentive If EFW Inc invests $31.9 million and retains 500 jobs, they could be eligible for a maximum refund of $1,250,000 for state sales and use tax. Process is competitive

9. Place M & C and resolution of support on May 19 Council Agenda Submit resolution to the State prior to June 1 deadline Next Steps

11. Enterprise Project Assignment for ATC Logistics and Electronics, Inc Presented to the Housing & Economic Development Committee May 5, 2009

12. ATC Logistics and Electronics, Inc and Enterprise Project Assignment Application Process ATC Logistics and Electronics, LP has merged with ATCLE 3PL Corporation. The company has two addresses that belong to the project site,13500 Independence Parkway and 13550 Independence Parkway. Submit a written relinquishment from the designated project’s qualified business City Council has to pass a nominating resolution Submit to State for final approval

13. Place M & C and resolution of support on May 19 Council Agenda Submit resolution to the State Next Steps