- ~~~s~ ~
PROPOSED
- NEW LAW ENFORCEMENT FACILITY
- for
KERR COUNTY
- KERRVILLE, TEXAS
_ SCHEMATIC DESIGN SUBMISSION
- ~ ~~' r
- DI STEFANO / SANTOPETRO ARCHITECTS, INC.
ARCHITECTURE • PLANNING
a nYF
~r '„y.o~u :err unry, Tatl
By-.~~.r.--.= MWb

PREPARED :JANUARY 25,1994
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January 25, 1994
DI STEFANO / SANTOPETRO • ARCHITECTS, INC.
ARCHITECTURE AIA PLANNING
Kerr County Commissioners Court
Hon. W. G. "Bill" Stacy, County Judge
700 Main Street
Kerrville, Texas 78028
Dear Judge Stacy:
This submission represents the Schematic Design requirements for
the New County Law Enforcement Facility.
The information included has been developed after the meetings that
have taken place during the past two months. We thank all the
individuals who have taken the time out of their busy schedules to
work with us on the development of this submission.
Included in this material is the anticipated Project Schedule for
'° the building. We would like to draw you attention in particular to
this Schedule. As you will see, if all proceeds as shown, the Jail
will be ready for occupancy some time around October, 1995. At
present, the average daily population of the Jail is 123 inmates
per day. We have estimated this to increase to 130 inmates per day
during the latter part of 1995. Since the present Jail is
certified for 63, everyone can readily see the need to proceed as
s quickly as possible with the building program.
The cost estimate shown ie just that - an estimate. While we feel
confident that what we have submitted is fairly accurate, these
costs are subject to a myriad of circumstances over which we have
no control; one particular being the changes in costs due to the
passage of tillle. This also is another reason for us to proceed
with the project expeditiously.
Sincerely,
Joseph M. Santopetro, AIA
Principal
JMS/al
Enc.
10260 WESTHEIMER • SUITE 390 HOUSTON, TEXAS • 77042 • 713/953-9032 • FAX 713/953-9031
2826 BROADWAY RIVIERA BEACH, FLORIDA • 33404 • 407 / 663-2357
January 25, 1994
KERR COUNTY INMATE POPULATION PROJECTIONS
The County population has increased by	26.1$ between 1980 and 1990
"' according to the rec	ent census figures.	This increase	is recorded
as 7,524 additional	residents for an an	nual growth rac	e of 752 per
year. The following	County Population	Projections are	based on a
continuance of this	trend.		
The present incarcer	ation rate of the C	ounty is 3.05 i	nmates per
thousand population,	which is somewhat	less than the S	tate average
of 3.5/thousand. We	have used the pres	ent County rate	as a
starting point and h	ave adjusted it upw	ard at 0.09/yr.	This
adjustment is due to	the projections th	at the State av	erage will
,_ reach 4/thousand by	the year 2000. Eve	n so, as you ca	n see, the
rate for KERR COUNTY	is expected to be	3.60/thousand;	still
slightly less than t	he State average.		
MONTH/YEAR COUNTY POPULATION	INCAR. RATE	INMATES
_ January, 1944	39,312	3.05	120
January, 1995	40,064	3.14	126
January, 1996	40,816	3.23	132
January, 1997	41,568	3.33	138
" January, 1998	42,320	3.42	145
January, 1999	43,072	3.51	151
January, 2000	43,824	3.60	158
^ January, 2001	44,576	3.69	164
January, 2002	45,328	3.78	171
January, 2003
^	46,080	3.87	178
January, 2004	46,832	3.96	185
January, 2005	47,584	4.05	193
^ January, 2006	48,336	4.14	200
January, 2007	49,088	4.23	208
^ January, 2008	49,840	4.23	211
January, 2009	50,592	4.23	214
KERR COUNTY JAIL AND SHERIFFS FACILITIES
PROJECT SCHEDULE
JANUARY 25, 1994
JANUARY 26, 1994
MAY 24, 1994
MAY 27, 1994
JUNE 28, I994
JULY 5, 1994
JULY 18, 1994
'~ OCTOBER 15, 1995
---- SUBMIT SCHEMATIC DRAWINGS
---- START DESIGN DEVELOPMENT
---- COMPLETE CONTRACT DOCUMENTS
---- ADVERTISE FOR BIDDING
---- ACCEPT AND OPEN BIDS
---- AWARD CONTRACT
---- START CONSTRUCTION
---- COMPLETE CONSTRUCTION
KERR COUNTY JAIL OUTLINE SPECIFICATIONS
A. CODE REQUIREMENTS:
Based on The Standard Building Code, latest edition.
SECTION 405 Classification: Institutional, Restrained,
Group I, Section 405.1.
SECTION 412 Allowable Heights and Areas (Table 400)
Institutional, Restrained: Type II - unlimited height and
area.
_ SECTION 603 Classification of Building by Type of
Construction:
Type II - Type II construction is that type of
_ construction in which the structural members,
including exterior walls, columns, floors and roof
are of non-combustible materials and are protected
so as to have fire resistance not less than that
specified for the structural elements as specified
in TABLE 600 and listed below.
Floors - 2 hours
Columns - 3 hours
Beams - 2 hours
Roof - 1 hour
m SECTION 700 - 2900 All other Sections not specifically
mentioned and applicable to this Project shall be adhered
to.
B. DESCRIPTION OF BUILDING:
_ one story slab on grade County Jail Building with Sheriff's
Offices containing -
1. Detention Area
2. Sally Port
3. Administration Area
C. STRUCTURE:
The entire structure, floors, columns, beams and roof are to
be structural steel and reinforced, poured-in-place
concrete.
D. EXTERIOR:
The exterior face of the building will be limestone veneer
facing with metal stud framing and tilt wall concrete panels
with concrete masonry unit back-up. Rigid insulation shall
be placed between limestone and block.
E. ROOF:
The roof shall be a 5-ply fiberglas felt built-up roof.
F. INTERIOR WALLS:
Interior walls will be drywall (metal studs with gypsum
- board, both sides) at Administration Areas and concrete
masonry units at core areas in Detention Floors. Cell
Blocks shall be steel plate walls with steel grating fronts.
G. INTERIOR FINISHES:
Floors - Carpet to be used in most areas at Administration
- spaces. Vinyl the in areas not receiving carpet, i.e.,
closets, storage, mechanical, etc. Ceramic file in toilet
rooms; the pavers in the lobby area. Detention spaces to
- have sealed concrete at cells and vinyl the at main
corridors and community spaces such as multi-purpose,
visiting and library.
- Walls - Most areas at Administration to be painted gypsum
board. Ceramic the in toilet rooms, with corridors to
receive heavy gauge vinyl coverings. All steel or concrete
.._, block in Detention Areas shall be painted.
Ceilings - All ceilings will be acoustical the hung in a
metal suspension system in Administration Area. Secure
areas in Detention spaces will have steel plate ceilings.
Doors - To be 1-3/4" thick commercial grade, plastic
laminate finish in Administration; steel plate or steel
- grating as required in the Detention Areas.
(31ass - Shall be bullet resistant laminated glass or high
impact polycarbonate sheet laminated between plate glass at
- all inmate areas.
H. MECHANICAL:
Plumbing - Water, wastewater and storm water service shall
be from City utilities. Fire hydrant service will be
provided by others.
- Piping Systems - (ALL PIPE SHALL BE DOMESTIC)
Interior water - Type "L" copper, ASTM B-SS
- Underground water - Type "L" copper tubing or PVC
Interior waste & vent - Standard cast iron soil pipe
Exterior waste - PVC
Storm water - PVC
- Water heating shall be by multiples of storage type gas
fired.
-T -
Air Conditioning - All heating and cooling shall be provided
by single zone, low velocity roof mounted air handling
units. The cooling media in all units will be direct
expansion air cooled coils. Heating will be supplied with
electric duct heaters located at the discharge bf each A.H.
unit.
'- Temperature controls will be the electric type with
interlocks as required. Sensors will be placed in the
various spaces, but actual controls shall be located in
Control Rooms.
J. ELECTRICAL:
r Lighting and Power - Electrical service shall be from the
City Utilities Company. Service shall be 480/277 volt, 3
phase, 4 wire, wye.
General lighting shall be provided from recessed fluorescent
fixtures. Metal Halide type lighting fixtures will be used
on the building exterior. All lighting will be 277 volt.
Special security-type fluorescent fixtures will be used at
all Detention spaces.
Power to air conditioning units and motor shall be 480 volt,
3 phase.
For all other electrical systems, a dry type transformer
will be provided to service all 115/30 volt loads.
- A system of exit lighting will be provided to designate all
building exits. This system will be served by a main switch
at the electrical service entrance. Each exit light fixture
shall be provided with emergency power packs that will
operate the fixture for ninety minutes if power is lost.
Certain light fixtures shall be provided with emergency
power packs that will operate one lamp in the fixture for
approximately ninety minutes if power is lost.
m An emergency generator shall be provided to operate smoke
removal system, lighting and door control systems in the
Detention Areas. Generator shall also provide emergency
power to certain portions of the Administration spaces,
including Dispatch.
Communication - Empty raceway will be provided for telephone
_ and computer service.
A visual and audible fire alarm system will be provided in
all areas. Alarm notification shall be by manual type pull
stations with "break glass" covers.
K. CONSTRUCTION COST:
The probable construction cost of the Project, based on the
current construction market trends, is approximately $4.58
million.
® DETENTION AREA - 38,740 SF
SALLY PORT - 1,360 SF
ADMINISTRATION - 11.900 SF
TOTAL - 52,000 SF @ $88/SF = $4,576,000

NEW KERR COUNTY JAIL
SPACE ALLOCATION
SPACE NAME	SIZE (SQUARE FEET)
ADMINISTRATIVE AREAS:	
Public Lobby & Vestibule ----	450
Toilet/Janitor ----	100
Offices/Administration ----	3,100
Dispatch ----	380
C.I.D. Offices ----	1,100
Squad Room ----	360
Locker Rooms/Toilets ----	580
Civil/Warrants ----	720
Records/Files ---	- 480
Print/Supplies ---	- 210
Training Room ---	- 300
Evidence Storage ---	- 360
COURTS: ----	2,100
DETENTION AREAS:	
Sally Port ---	- 1,360
Intoxilizer Room ---	- 100
Video Room ---	- 180
Booking/Records ---	- 480
Storage Areas ---	- 2,540
Control ---	- 2,040
Attorney Visitation ---	- 160
Inmate Visit/MU1tiPurpose ---	- 920
Public Visitation ---	- 700
Commissary ---	- 250
Kitchen/Pantry ---	- 1,800
Laundry ---	- 580
Issue & Property Room ---	- 600
Medical ---	- 560
Detox (1) ---	- 300
Holding (2) ----	400
office ----	120
Exercise Yards ----	2,030
Jail Administrator ----	370
"~ Male Single Cells	
(18 & Dayrooms) ----	3',360
Dormitories (4) ----	4,060
Male Separtion Cells (18) ----	2,400
Violent Cell ----	7p
8-Man Multiple Occupancy (8) ----	4,200
Female Detox & Holding ----	180
8-Female Multiple	
Occupancy (4) ----	2,100
Female Separation Cells ----	280
Mechanical & Electrical ----	400
Circulation/Utility ----	9,220
TOTAL ALL SPACES ---- 52,000 SF
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~ KERRVILLE tEXAS o wesreame9 smrt na.NOUSroN.rt9ns noa ~z
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6ccc'° ~ /6 - y~
Capital Guaranty Insured:
Ratings: Moody's Investors Service: "Asa"
Standard & Poor's Corporation: "AAA"
Serial Bonds maturing February I5, 2005 through February 15, 2012
Serial Bonds maturing February 15, 1996 through February 15, 2004
have received a rating of "A" by Moody's Investors Service.
SUPPLEMENT TO
OFFICIAL STATEMENT
relating to
$5,900,000
KERR COUNTY, TEXAS
LIMITED TAX GENERAL OBLIGATION BONDS
SERIES 1994
"Qualified Tax-Exempt Obligations"
On February 8, 1994, the above-captioned Bonds (the 'Bonds' were awarded to an underwriter or group of
underwriters managed by LaSalle National Bank (the 'Purchasers'. The interest rate with respect to each maturity
of Bonds and the initial reoffering yields for each maturity are as follows:
STATED MATURITY SCHEDULE
(Due February 15)
Amount
Amount
Yield
150,000 6.250 1997 3.500 370,000 6.200 2005 4.750
180,000 6.250 1998 3.800 390,000 4.750 2006* 4.850
265,000 6.250 1999 4.050 415,000 4.875 2007* 4.950
280,000 6.250 2000 4.250 435,000 4.375 2008* 5.050
300,000 6.250 2001 4.450 455,000 4.250 2009* 5.100
315,000 6.250 2002 4.550 480,000 4.250 2010* 5.150
335,000 6.250 2003 4.700 505,000 4.250 2011* 5.200
530,000 4.250 2012* 5.250
*The County reserves the right, at its option, to redeem Bands having stated maturlttes on and afterFebntary IS, 2006, in whole or any part7ltereo
on February 1 S, 2005, or any date thereafter, at the par value ihercof plus accrued Interest to the date fixed for rcdcm ption. (See Bond inform anon
Redemption Provisions of the Bonds'h<rcin.l
The initial reoffering yields were supplied to the Issuer by the Purchasers and such initial reoffering yields for one o,
more maturities may be changed at any time and from time to time by the Purchasers and other dealers. The initial
reoffering yields by the Purchasers on the Bonds would produce gross compensation to the Purchasers of $43,242.30,
from which the Purchasers will pay the insurance premium, any Standard & Poor's Corporation rating agency fees, and
other expenses associated with said insurance.
Payment of principal and interest on the Bonds maturing February 15, 2005 through February 15, 2012, as the same
become due and payable (other than by reason of acceleration) is insured by a Municipal Bond Guaranty Insurance
Policy to be issued simultaneously with the delivery of the Bonds by
CAPITAL GUARANTY INSURANCE COMPANY
I:APIT t1gRANfYti
[Serial Bonds Maturing February 15, 2005 through February 15, 2012]
Subject to circumstances occurring subsequent to the date hereof, this Supplement, together with the Official Statement
noted above, dated January 15, 1994, constitute the "Final Official Statement"within the meaning of SEC Rule 15c2-12.
Dated: February 11, 1994
DESCRIPTION OF BOND INSURANCE
A Municipal Bond Guaranty Insurance Policy ("Insurance Policy's will be issued by Capital Guaranty Insurance
Company ("Capital Guaranty's simultaneously with the issuance and delivery of the Bonds maturing February 15, 2005
through February 15, 2012 which provides for the full and complete payment of an amount equal to (i) the principal
of (either at the stated maturity or by any advancement of maturity pursuant to a mandatory sinking fund payment} and
interest on, the Bonds as such payments shall become due but shall not be so paid (except in the event of any
:,cceleration of the due date of such principal by reason of mandatory or optional redemption or acceleration resulting
from default or otherwise, other than any advancement of maturity pursuant to a mandatory sinking fund payment, the
payments guaranteed hereby shall be made in such amounts and at such times as such payments of principal would have
been due had there not been any such acceleration); and (ii) The reimbursement of any such payment which is
subsequently recovered from any owner pursuant to a final judgment by a court of competent jurisdiction that such
payment constitutes an avoidable preference to such owner within the meaning of any applicable bankruptcy law.
For specific information on the coverage provided, reference should be made to the text of the Insurance Policy, which
has been reproduced in specimen form in this document. The Insurance Policy does not insure any payment to any
investor to compensate for any loss or limitation of the tax exemption, either past or future. Furthermore, the Insurance
Policy does not insure against nonpayment of principal or interest caused by the insolvency or negligence of the Paying
Agent.
Capital Guaranty Insurance Company is a monoline stock insurance company incorporated in the State of Maryland,
and is a wholly owned subsidiary of Capital Guaranty Corporation, a Maryland insurance holding company. Capital
Guaranty Corporation is a publicly owned company whose shares are traded on the New York Stock Exchange. Other
than their investment in Capital Guaranty Corporation, the investors of Capital Guaranty Corporation are not obligated
to pay the debts of, or the claims against, Capital Guaranty Insurance Company.
The attached financial statement of Capital Guaranty is incorporated herein by reference and reflects certain financial
information prepared in accordance with statutory insurance accounting principles as was reported by Capital Guaranty
to the Insurance Department of the State of Maryland.
Neither Capital Guaranty nor its affiliates make any representation as to the contents of this Official Statement, the
suitability of the Bonds for any investor, the feasibility or performance of any project or compliance with any securities
or tax laws and regulations.
Capital Guaranty's rote is limited to providing the coverage set forth in the Insurance Policy. THE INSURANCE
POLICY DOES NOT PROVIDE COVERAGE FOR ANY OF THE BONDS OTHER THAN THE BONDS
MATURING FEBRUARY 15, 2005 THROUGH FEBRUARY I5, 2012.
Moody's Investors Service and Standard & Poor's Corporation wilt assign the Bonds maturing February 15, 2005 through
February 15, 2012 the ratings of Aaa and AAA, respectively, based on the issuance by Capital Guaranty insurance
Company of its Municipal Bond Guaranty insurance Policy. Serial Bonds maturing February 15, 1996 through February
15, 2004 have received a rating of "A" by Moody's Investors Service. Such ratings reflect only the respective views of
each rating organization. An explanation of the significance of each such rating maybe obtained from the rating agency
furnishing the same. There is no assurance that such ratings will continue for any given period of time or that they or
either of them will not be revised or withdrawn entirely by either or both of such rating agencies if, in the judgment of
either or both of such rating agencies, circumstances so warrant. A revision or withdrawal of such ratings, or either of
them, may have an effect on the market price of the Bonds.
ii
GENERAL OBLIGATION DEBT SERVICE REQUIREMENTS
(Includes The Bonds)
Fiscal
Year
Ending
9/30	
Existing
Debt
Service	


rincipal	The Bonds


Interest	

Principal &
Interest	
Combined
Debt
Service
1994	$ 92,605				$ 92,605
1995	93,355		$ 476,211	$ 476,211	569,566
1996	93,768	$ 145,000	304,921	449,921	543,689
1997	98,900	150,000	295,708	445,708	544,608
1998	73,500	180,000	285,390	465,390	538,890
1999		265,000	271,484	536,484	536,484
2000		280,000	254,452	534,452	534,452
2001		300,000	236,327	536,327	536,327
2002		315,000	217,108	532,108	532,108
2003		335,000	196,796	531,796	531,796
2004		350,000	175,390	525,390	525,390
2005		370,000	152,982	522,982	522,982
2006		390,000	132,249	522,249	522,249
2007		415,000	112,872	527,872	527,872
2008		435,000	93,240	528,240	528,240
2009		455,000	74,057	529,057	529,057
2010		480,000	54,187	534,187	534,187
2011		505,000	33,256	538,256	538,256
2012		53 00	11.263	41 2 3	541.263
	4 2 128	9 0 00	3 377 93	9 277 893	9 7 0 021
TAX ADEQUACY
1993 Assessed Valuation
Estimated Maximum Debt Service Requirements for Fiscal Year ending 9-30-95
Indicated Interest and Sinking Fund Tax Rate
Indicated Interest and Sinking Fund Tax Levy
Estimated 97% Tax Collections
$1,266,549,767
569,566
0.0464
587,679
570,049
iii
CAPITAL GUARANTY INSURANCE COMPANY
MUNICIPAL BOND GUARANTY INSURANCE POLICY
IN THE EVENT CAPITAL GUARANTY INSURANCE COMPANY IS UNABLE TO
FULFILL ITS CONTRACTUAL OBLIGATION UNDER THIS POLICY OR CONTRACT
OR APPLICATION OR CERTIFICATE OR EVIDENCE OF COVERAGE, THE
POLICYHOLDER OR CERTIFICATEHOLDER IS NOT PROTECTED BY AN
INSURANCE GUARANTY FUND OR OTHER SOLVENCY PROTECTION ARRANGEMENT.
Policy No:
Capital Guaranty Insurance Company ("Capital Guaranty") in
consideration of the payment of the premium and subject to the
terms of this policy, hereby unconditionally and .irrevocably
guarantees to any owner, as hereinafter definedti; pf the following
described Obligations, the full and compl~e.~p~yigent required to
be made by or on behalf of the Issuer l`.`~+~ ?~ ~
or its successor (the "Paying Age o~~ onrn~.equal to (i)
the principal of (either at the-s a 'dr by any
advancement of maturity pu sinking fund
payment) and interest t e (as that term is defined
below) as such pa ri e ue but shall not be so paid
(except that in t ~ o celeration of the due date of
such principal by of datory or optional redemption or
acceleration resul m default or otherwise, other than any
advancement of mate pursuant to a mandatory sinking fund
payment, the payments guaranteed hereby shall be made in such
amounts and at such times as such payments of principal would have
been due had there not been any such acceleration); and (ii) the
reimbursement of any such payment which is subsequently recovered
from any owner pursuant to a final judgment by a court of
competent jurisdiction that such payment constitutes an avoidable
preference to such owner within the meaning of any applicable
bankruptcy law. The amounts referred to in clauses (i) and (ii)
of the preceding sentence shall be referred to herein collectively
as the "Insured Amounts." "Obligation" shall mean:
ISSUER:
ISSUE:
GUARANTIED MATURITIES:
DATED DATE:
Upon receipt of telephonic or telegraphic notice, such notice
subsequently confirmed in writing by registered or certified mail,
or upon receipt of written notice by registered or certified mall,
by the Claims Officer or its designee from the Paying Agent or any
owner of an Obligation the payment of an Insured Amount for which
is then due, that such required payment has not been made, Capital
Guaranty on the due date of such payment or within one business
day after receipt of notice of such nonpayment, whichever is
later, will make a deposit of funds, in an account with its
Disbursing Agent or its successor, sufficient for the payment of
any such Insured Amounts which are then due.. Upon presentment and
surrender of such Obligations or presentment of such other proof
of ownership of the Obligations, together with any appropriate
instruments of assignment to evidence the assignment of the
Insured Amounts due on the Obligations as are paid by Capital
Guaranty and appropriate instruments to effect the appointment of
Capital Guaranty as agent for such owners of the Obligations in
any legal proceeding relating to payment of Insured Amounts on the
Obligations, such instruments being in a form satisfactory to
Capital Guaranty, Capital Guaranty shall cause its Disbursing
Agent to disburse to such owners or the Paying A ent payment of
the Insured Amounts due on such Obligations, leac~any amount held
by the Paying Agent for the payment of suc~l~sisu]sed Amounts and
legally available therefor. This polio '~}de~~t,insure against
loss of any prepayment premium~i~~m a ~aar-y f~tY`ate be payable
with respect to any Obligation. \\ ~ ~,, ~'"`'~
As used herein, the
of any Obligation as
Paying Agent, the
purpose. The to
whose agreement wig
security for the Obi
As used herein, the
company selected by
Agent, designated to
Guaranty.
s ~tne~ti the registered owner
ooks maintained by the
~signee of the Issuer for such
of include the Issuer or any party
constitutes the underlying
term "Disbursing Agent" means a bank or trust
Capital Guaranty or a successor Disbursing
receive and remit funds on behalf of Capital
This policy is non-cancellable for any reason. The premium on
this policy is not refundable for any reason including the payment
prior to maturity of the Obligations.
Any service of process on Capital Guaranty may be made to the
Secretary, Capital Guaranty Insurance Company, One Market, Steuart
Tower, 22nd Floor, San Francisco, California 94105-1413 and such
service of process shall be valid and binding.
In Witness Whereof, Capital Guaranty has caused this policy to be
executed by its and as of the day
of 19
CAPITAL GUARANTY INSURANCE COMPANY
By:
Title:
Effective Date:
By:
Title:
Resident Agent Countersignature
Agency:
Address:
By:
Date:
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TX9-HS
c~aPiTa~ aRaivnr
CAPITAL GUARANTY INSURANCE COMPANY
FINANCIAL STATEMENT
(Statutory Basis)
September 30, 1993
ASSETS
Cash (Includes Money Markets)	$ 17,399,575
Investments	245,931,040
Accrued Interest	2,737,521
Other Assets	3.952.990
Total Assets	$270,021.126
LiABILITiES AND POLICYHOLDERS' SURPLUS
Contingency Reserve
Unearned Premiums
Other Liabilities
Policyholders' Surplus
Total Liabilities and Policyholders' Surplus
$ 21,452,078
88,454,745
182,949
159.931.354
$270,021.126
~~ -, o~;a~, L;~aranw ~nsu ra nce Comoanv
-aeuart Y~V~e~ • 22nd Floor
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BY AIR COURIER
February 8, 1994
Mr. Mike Coogan
Lasalle National Bank
181 West Madison, 32nd Floor
Chicago, Illinois 60602
Re: 55,900,000
Kerr County, Texas
Limited Tax General Obligation Bonds
Series 1994
$3,580,000 Serial Bonds maturing
February 15, 2005, through February 15, 2012
Dated Date: February 1, 1994
Our File: 94-0105
the ("Obligations")
Dear Mr. Coogan:
Subject to the conditions set forth herein, Capital Guaranty Insurance
Company ("Capital Guaranty") hereby offers to issue a Municipal Bond
Guaranty insurance Policy guarantying the captioned Obligations.
This offer to insure is conditioned upon the following:
1. Inclusion in the disclosure documents and Obligations, as
applicable, of the materials included in Schedules 3 through 7
attached hereto.
2. Payment to Capital Guaranty, by wire transfer at closing, of a
premium in the amount of 515,000.00.
3. Payment to Standard & Poor's Corporation and Moody's Investors
Service, at closing, of rating fees to be billed to you separately.
4. Capital Guaranty shall be an addressee of, or shall receive a
reliance letter addressed to Capital Guaranty with respect to, Bond
Counsel's opinion that the Obligations are a legal, valid and
binding obligation of the issuer enforceable in accordance with
their terms and that the interest on the Obligations is not
includable in gross income of the owners thereof for federal income
tax purposes.
5. Approval by counsel to Capital Guaranty of all documents and
opinions adopted, executed or delivered which relate to the
Obligations and the financing.
Kerr County, Texas
Limited Tax General Obligation Bonds, Series 1994
February 8, 1994
6. Between now and the closing there shall not have occurred or come
to the attention of Capital Guaranty, the issuer or the underwriter
(i) any material omission or change of fact which would cause
information or documents supplied to Capital Guaranty heretofore or
hereafter to be untrue or misleading, (ii) any change of law
adverse to the interests of Capital Guaranty, or (iii) any other
omission or change which would entitle the original purchaser or
underwriter of the Obligations to decline to purchase.
7. Capital Guaranty shall be provided with the date of the close of
the issuer's fiscal year. Capital Guaranty requests that the
issuer of the Obligations provide Capital Guaranty with a copy of
each preliminary budget when submitted for adoption, the final
budget when adopted and each audited financial statement within
thirty (30) days of its acceptance by the issuer but no later than
one hundred and twenty (120) days after the close of the issuer's
fiscal year. Capital Guaranty reserves the right to request such
information directly from the issuer on an annual basis.
8. This offer to insure shall be subject to termination if Capital
Guaranty in its sole and absolute discretion determines that there
shall occur (i) a material adverse change in the financial
condition of the issuer or of the obligor responsible for payment
of the Obligations, or (ii) a natural disaster or any other force
ma eure which in either case shall materially change the
information and terms upon which Capital Guaranty made its credit
decision to deliver this offer to insure.
9. The following representatives of Capital Guaranty shall be added to
the transaction's distribution list:
Bruce Worner, Assistant Vice President 415-995-8019
Barry Scott, Assistant General Counsel 415-995-8046
Facsimile 415-995-8008
The Municipal Bond Guaranty Insurance Policy does not guaranty payment
to any investor to compensate for any loss of tax exemption, either
past or future. Neither the Municipal Bond Guaranty Insurance Policy
nor this offer to insure is a representation as to the suitability of
the Obligations for any investor, or as to compliance with any
securities or tax laws or regulations. No statement or representation
to the contrary shall be made in the Official Statement, related
documents or orally.
Kerr County, Texas
Limited Tax General Obligation Bonds, Series 1994
February 8, 1994
This offer to insure is effective for 60 calendar days from the date of
this letter. If the terms and conditions contained in this offer to
insure are not accepted and the closing completed as contemplated
herein within that period, this offer will expire without liability to
Capital Guaranty, its affiliates or their officers, employees or
agents.
To indicate your acceptance of the terms and conditions of this offer
to insure, please sign the enclosed copy of this letter and return it
to Capital Guaranty to the attention of Mr. Terry Stigall at the above
address. Thank you for the opportunity to respond on this issue.
nSincer~~~~
~`I ;I`WI l,~
Robert M. Kessler
Senior Vice President
Accepted on behalf of Lassalle National Bank
Date:
By:
Title:
cc: Bond Counsel
Thomas K. Spurgeon, Esq.
McCall, Parkhurst, Horton L.P.
1225 One Riverwalk Place
San Antonio, Texas 78205
Financial Advisor
Mark M. McLiney
Rauscher Pierce Refsnes, Inc.
300 Convent Street, Suite 1600
San Antonio, Texas 78205
Issuer
Patricia Dye
County Clerk
Kerr County, Texas
County Courthouse
700 Main
Kerrville, Texas 78028
SCHEDULE 1
ITEMS TO BE DELIVERED AT THE PRE-CLOSING BY CAPITAL GUARANTY
Executed Municipal Bond Guaranty Insurance Policy in the form
attached hereto as Schedule 6.
Opinion of Capital Guaranty's Counsel in the form attached hereto
as Schedule 8.
Certificate from an officer o£ Capital Guaranty in the form
attached hereto as Schedule 9.
Invoice for premium and other fees due and payable at Closing,
including instructions for providing evidence o£ premium payment
prior to release of the Municipal Bond Guaranty Insurance Policy.
Rating Letters (to be delivered to the Pre-Closing directly by
Standard & Poor's Corporation and Moody's Investors Service).
SCHEDULE 2
ITEMS TO BE DELIVERED BY OR AT THE DIRECTION OF BOND COUNSEL
ON THE CLOSING DATE AND WITHOUT EXPENSE TO CAPITAL GUARANTY
Written confirmation of wire transfer of premium per invoice on
letterhead of individual authorizing said fed wire via telecopy to
415-995-8008.
CUSIP number(s) for the Obligations.
On the closing date, Bond Counsel will post, via an express,
overnight carrier, to Capital Guaranty, three executed sets (one
for our records, one which we will forward to Standard & Poor's
Corporation and one which we will forward to Moody's Investor
Service) of the Bond Indenture or Resolution.
Bond Counsel final approving opinion, addressed to Capital Guaranty
or with a reliance letter thereon, addressed to Capital Guaranty.
ITEMS TO BE DELIVERED BY OR AT THE DIRECTION OF BOND COUNSEL AS
SOON AS AVAILABLE FOLLOWING CLOSING
Three sets of the Final Transcript.
Fifteen sets of the Official Statement.
Two sets of audited financial statements for the Issuer's most
recent three fiscal years.
Two sets of the Issuer's current budget.
SCHEDULE 3
DESCRIPTION OF BOND INSURANCE
A Municipal Bond Guaranty Insurance Policy ("Insurance Policy") will be
issued by Capital Guaranty Insurance Company ("Capital Guaranty")
simultaneously with the issuance and delivery of the Obligations which
provides for the full and complete payment of an amount equal to (i)
the principal of (either at the stated maturity or by any advancement
of maturity pursuant to a mandatory sinking fund payment) and interest
on, the Obligations as such payments shall become due but shall not be
so paid (except in the event of any acceleration o£ the due date of
such principal by reason of mandatory or optional redemption or
acceleration resulting from default or otherwise, other than any
advancement of maturity pursuant to a mandatory sinking fund payment,
the payments guaranteed hereby shall be made in such amounts and at
such times as such payments of principal would have been due had there
not been any such acceleration); and (ii) the reimbursement of any such
payment which is subsequently recovered from any owner pursuant to a
final judgment by a court of competent jurisdiction that such payment
constitutes an avoidable preference to such owner within the meaning of
any applicable bankruptcy law.
For specific information on the coverage provided, reference should be
made to the text of the Insurance Policy, which has been reproduced in
specimen £orm in this document. The Insurance Policy does not insure
any payment to any investor to compensate for any loss or limitation of
the tax exemption, either past or future. Furthermore, the Insurance
Policy does not insure against nonpayment of principal or interest
caused by the insolvency or negligence of the Paying Agent.
Capital Guaranty insurance Company is a monoline stock insurance
company incorporated in the State of Maryland, and is a wholly owned
subsidiary of Capital Guaranty Corporation, a Maryland insurance
holding company. Capital Guaranty Corporation is a publicly owned
company whose shares are traded on the New York Stock Exchange.
Other than their investment in Capital Guaranty Corporation, the
investors of Capital Guaranty Corporation are not obligated to pay the
debts of, or the claims against, Capital Guaranty Insurance Company.
The attached, financial statement of Capital Guaranty is incorporated
herein by reference and reflects certain financial information prepared
in accordance with statutory insurance accounting principles as was
reported by Capital Guaranty to the Insurance Department of the State
of Maryland.
Neither Capital Guaranty nor its affiliates make any representation as
to the contents of this Official Statement, the suitability of the
Obligations for any investor, the feasibility or performance of any
project or compliance with any securities or tax laws and regulations.
Capital Guaranty's role is limited to providing the coverage set forth
in the Insurance Policy.
SCHEDULE 4
LEGEND FOR INVESTOR OBLIGATION
Capital Guaranty insurance Company, a Maryland corporation,
has issued its Municipal Bond Guaranty Insurance Policy
Number (the "Insurance Policy") securing the
payment of insured Amounts of this Obligation, as such terms
are defined in said Insurance Policy.
Reference is made to the Insurance Policy for the complete
provisions thereof. All payments required to be made under
the Insurance Policy shall be made in accordance with
provisions thereof.
[The above text is to be printed on each bond, note or
certificate]
SCHEDULE 5
COVER PAGE OF DISCLOSURE DOCUMENT
Payment of principal and interest on the Obligations as the
same become due and payable (other than by reason of
acceleration) is insured by a Municipal Bond Guaranty
Insurance Policy to be issued simultaneously with the
delivery of the Obligations by
CAPITAL GUARANTY INSURANCE COMPANY
[LOGO]
[The above title line and text is to be printed on the face
of the Official Statement or other offering documents]
~~~ SM
SCHEDULE 6
CAPITAL GUARANTY INSURANCE COMPANY
MUNICIPAL BOND GUARANTY INSURANCE POLICY
IN THE EVENT CAPITAL GUARANTY INSURANCE COMPANY IS UNABLE TO
FULFILL ZTS CONTRACTUAL OBLIGATION UNDER THIS POLICY OR CONTRACT
OR APPLICATION OR CERTIFICATE OR EVIDENCE OF COVERAGE, THE
POLICYHOLDER OR CERTIFICATEHOLDER IS NOT PROTECTED BY AN
INSURANCE GUARANTY FUND OR OTHER SOLVENCY PROTECTION ARRANGEMENT.
Policy No:
Capital Guaranty Insurance Company ("Capital Guaranty") in
consideration of the payment of the premium and subject to the
terms of this policy, hereby unconditionally and irrevocably
guarantees to any owner, as hereinafter defined,; Qf the following
described Obligations, the full and compl e.~payment required to
be made by or on behalf of the Issuer \~ ~s+~,'~ '
or its successor (the "Paying Age, o~~aRi onn~equal to (i)
the principal of (either at the-s e~ya'dr by any
advancement of maturity puq~ ~ ~ c~-y sinking fund
payment) and interest ~~Y° (as that term is defined
below) as such pa n ~ ~ e ue but shall not be so paid
(except that in t i~t o celeration of the due date o£
such principal by of datory or optional redemption or
acceleration resul m default or otherwise, other than any
advancement of mat pursuant to a mandatory sinking fund
payment, the payments guaranteed hereby shall be made in such
amounts and at such times as such payments of principal would have
been due had there not been any such acceleration); and (ii) the
reimbursement of any such payment which is subsequently recovered
from any owner pursuant to a final judgment by a court of
competent jurisdiction that such payment constitutes an avoidable
preference to such owner within the meaning of any applicable
bankruptcy law. The amounts referred to in clauses (i) and (ii)
of the preceding sentence shall be referred to herein collectively
as the "Insured Amounts." "Obligation" shall mean:
ISSUER:
ISSUE:
GUARANTIED MATURITIES:
DATED DATE:
Upon receipt of telephonic or telegraphic notice, such notice
subsequently confirmed in writing by registered or certified mail,
or upon receipt of written notice by registered or certified mail,
by the Claims Officer or its designee from the Paying Agent or any
owner of an Obligation the payment of an Insured Amount for which
is then due, that such required payment has not been made, Capital
Guaranty on the due date of such payment or within one business
day after receipt of notice of such nonpayment, whichever is
later, will make a deposit of funds, in an account with its
Disbursing Agent or its successor, sufficient for the payment of
any such Insured Amounts which are then due.. Upon presentment and
surrender of such Obligations or presentment of such other proof
of ownership of the Obligations, together with any appropriate
instruments of assignment to evidence the assignment of the
Insured Amounts due on the Obligations as are paid by Capital
Guaranty and appropriate instruments to effect the appointment of
Capital Guaranty as agent for such owners of the Obligations in
any legal proceeding relating to payment of Insured Amounts on the
Obligations, such instruments being in a form satisfactory to
Capital Guaranty, Capital Guaranty shall cause its Disbursing
Agent to disburse to such owners or the Paying Agent payment of
the Insured Amounts due on such Obligations, lees~,any amount held
by the Paying Agent for the payment of suc~'"]5nsu~ed Amounts and
legally available therefor. This polic #de"~~t insure against
loss of any prepayment premium which ~ a`t~aey time be payable
with respect to any Obligations \ ~ \~~~"` `"
As used herein, the term ~?1F `mss ~''me~ the registered owner
of any Obligation as vr£ i t1et1 ~~ooks maintained by the
Paying Agent, them~!S~ ~C~~ignee of the issuer for such
purpose. The ter ha j of include the Issuer or any party
whose agreement wilt ssuer constitutes the underlying
security for the Ob~ajt ns.
v
As used herein, the term "Disbursing Agent" means a bank or trust
company selected by Capital Guaranty or a successor Disbursing
Agent, designated to receive and remit funds on behalf of Capital
Guaranty.
This policy is non-cancellable for any reason. The premium on
this policy is not refundable for any reason including the payment
prior to maturity of the Obligations.
Any service of process on Capital Guaranty may be made to the
Secretary, Capital Guaranty Insurance Company, One Market, Steuart
Tower, 22nd Floor, San Francisco, California 94105-1413 and such
service of process shall be valid and binding.
In Witness Whereof, Capital Guaranty has caused this policy to be
executed by its and as of the day
of 19
CAPITAL GUARANTY INSURANCE COMPANY
By:
Title:
By:
Title:
Effective Date:
Resident Agent Countersignature
Agency:
Address:
By:
Date:
~,.
h ~`~~j,~
'.~
TX9-BS
SCHEDULE 7
caPiTa~Q~rr
CAPITAL GUARANTY INSURANCE COMPANY
FINANCIAL STATEMENT
(Statutory Basis)
September 30, 1993
ASSETS
Cash (Includes Money Markets)	$ 17,399,575
Investments	245,931,040
Accrued Interest	2,737,521
Other Assets	3.952.990
Total Assets	$270.021.126
LIABILITIES AND POLICYHOLDERS' SURPLUS

Contingency Reserve
Unearned Premiums
Other Liabilities
Policyholders' Surplus
Total Liabilities and Policyholders' Surplus
$ 21,452,078
88,454,745
182,949
159.931.354
$270,021,126
SCHEDULE 8
FORM OF OPINION OF COUNSEL
CAPITAL GUARANTY INSURANCE COMPANY
Re: LEGAL OPINION
[Caption] ("Obligations")
Ladies and Gentlemen:
I am the General Counsel of Capital Guaranty Insurance Company,
a stock insurance company incorporated in the State of Maryland
("Capital Guaranty") and, as such, am familiar with the
corporate affairs of Capital Guaranty.
in connection with the issuance by Capital Guaranty of a certain
municipal bond guaranty insurance policy (the "Municipal Bond
Guaranty Insurance Policy") insuring the payment of the
principal of and interest on the above-captioned Obligations,
I have examined such documents and reviewed such questions of
law and procedures as i deemed necessary or alp, ~riate for the
purpose of this opinion and, on the basis ~u~ Vcnowledge,
examination and review, you are advisec~~D'+,~Y~Eopinion:
(1) Capital Guaranty has e~n~ jF ated and is
validly existing n~ ~ t g under the laws
of the Stat~e~.,,~of~~ n
( 2 ) the MuniCi`g~la~ \~r~ ty Insurance Policy was
issued i~ ~ d y course of business and
constitu*2~ legal, valid and binding obligation of
Capital ~ y enforceable in accordance with its
terms, su ct, as to enforcement, to bankruptcy,
insolvency, reorganization, rehabilitation and other
similar laws of general applicability relating to or
affecting creditors' and/or claimants' rights against
insurance companies and to general equity principles.
I am admitted to practice law in the State of California, and do
not hold myself out as expert in, generally familiar with, or
qualified to express legal conclusions as to the laws of any
other state, except for the matters expressly set forth in the
foregoing opinion.
This opinion is intended solely for your benefit and is not to
be relied upon by any person other than you without my prior
written consent.
Very truly yours,
[Name]
[Title]
SCHEDULE 9
FORM OF CERTIFICATE: CAPITAL GUARANTY INSURANCE COMPANY
Reference is made to (i) that certain Municipal Bond
Guaranty insurance Policy dated the date hereof (the "Municipal
Bond Guaranty Insurance Policy") issued by Capital Guaranty
Insurance Company, a corporation organized under the laws of
Maryland ("Capital Guaranty"), which Municipal Bond Guaranty
Insurance Policy secures, pursuant to its terms, payment of the
principal of and interest on $ in aggregate principal
amount of ( Project),
dated as of (the "Obligations") and (ii) that
certain Official Statement of the
dated (the "Official Statement"), relating to
the issuance and sale of the Obligations.
Having examined the Municipal Bond Guaranty Insurance
Policy and certain statements contained in the ~icial
Statement, the undersigned '~ -- of
Capital Guaranty hereby certifies th e ~n s contained
in the Official Statement, set~~{Y~ ~ ns
~1l ," in
Statement, insofar s t~r~3ate to Capital
Guaranty, accurst ~ a r ent the information
purported to be s i ar as such statements describe
Capital Guaranty a unicipal Bond Guaranty insurance
Policy, accurately fairly describe Capital Guaranty and the
Municipal Bond Guaranty Insurance Policy.
IN WITNESS WHEREOF, the undersigned has executed
this certificate as of the day of 19_
CAPITAL GUARANTY INSURANCE
COMPANY
By:
Title:
RAVy1NG 1N~AC ITESIPROPOSED PIPING OPTIONS ONI-'Y-
L,EGENE~
-_ EXISTING MAIN
--~~rPROPOSED MAIN
METER LOCATIONINE
~"''COMPAI`7Y SERVICE
1~
t
ill
ION
BUILDING SITE _ `
LOCATION PROPOSED
METER BY ARCHITEC~ (
j ----- • O P T I O N
~, (w TH 54E NDEX)RATCNO CHARGE.S000NTyTER
t ~ OASTPRESSURE W, L BE REGULATMETDEORWN ATT6Ul~pING
~I SERVICE UNE APPROX.
_ ' ~ ~ pRE55URE ACTOR TO OBTAIN DESIRED OPERATING
} 20' UTILITY EASEMENT 2„~~ ~t ~PEXT ~~S 2" MAIN APPROX.1,435' WEST FROM
!, ~t2j1 ~ MEADOWVIEW LN-ON THE NORTH SIDE OF RIO MONTE
OPTION 2 PASE00T0 SiTEO SG WILL PROVIDE NE SER R1GE TER
~~
~~ ' r- COST ATOD KERR COUNTY OR MAIN EXTE S ON~ $18,655.
2"
2"
'10' UTILITY EASEMENT	^I' 1
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FROM MEMORIAL
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LSG EXTENDS MAIN APPROXs 1,
LINE AND SET
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MATED COST
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SOUTHERN Pq	Q	~
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METER AT NO COST. ESTI
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CIF)C RAILROAD (ABANDONED)	D'
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	THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION
PIIOWCER	ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE
Wdlthdll SdChSe & P1peS	HOLDER THIS CERTIFICATE DOES NOT AMEND, EXTEND OR
5108 BrOddWdy, Suite 232	ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW.
P. O. BOX 6448	COMPANIESAFFORDINOCOVERAOE
San Antonio TX 78209 0448	coMPANv
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`~`~~~~~ICIES ~OF~INSURAN
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CERTIFY
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THIS
LS TO
TERM OR CONDRION OF ANY CONTRACT OR OTHER DOCUMENT WRH RESPECT TO WHICH THIS
NOTWITHSTANDING ANV REQUIREMENT
INDICATED
,
,
THE INSURANCE AFFORDED BV THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS,
MAY BE ISSUED OR MAV PERTAIN
,
CERTIFICATE
IXCLUSION3 AND CONDITION6 OF SUCH POLICIES. LIMR8 SHOWN MAY HAVE BEEN REDUCED BV PAID CLAIMS.
					
CO
LTfl	TYPE OF INSUMNCE	POLK:Y NUMBER	POLICY EFFECTWE
DATE QAM/DD/W)	POLICY EKPIM7ION
DATE MM/DDM1	LIMITS
A	DENEMLUABIUty	CGL006590	07/20/94	07/20/95	GENERALAGGi~GATE	El 000 000
	X	OMMERCIAL GENERAL LIABILITY				PiDIX1CT5-COMP/OPAGG	fl OOO OOO
		C
CLAIMS MADE OCCUR				PER60NAL &ADV INJURY	El OOO OOO
		OWNER'SBCONTRACTOR'S PROT				EACH OCCURRENCE	El OOO OOO
	X	000 DED
$1				FIRE DAMAGE (AnyoriefreJ	a50 000
		,				MED EXP (Any ons person)	EEXCLUDED
	AUT	OMOBILE LIABILITY				COMBINED 91NGLE LIMIT	E
		ANY AUTO					
							
		ALL OWNED AUT03				BODILY INJURY	f
		
SCHEDULED AUT03				(Par parson)	
							
		HIRED AUTOS				BODILY INJURY	E
		
NON-OWNED AUTOS				(Pa<accltlenry	
							
						PROPERTY DAMAGE	S
							
	0111UOE LMBILIT'				AUTO ONLY-EA ACCDENT	f
							
		ANV AUTO				OTHER THAN AUTO ONLY	
							
						EACH ACCIDENT	f
						AGGREGATE	E
A	EzcEasLMBlun	OUL017992	07/20/94	07/20/95	EACH OCCURRENCE	E2 000 000
	X	UMBRELLA FORM				AGGREGATE	f2 OLIO OOO
							
		OTHER THAN UMBRELLA FORM					E
	WORKERS COMPENSATON AND				STATUTORY LIMITS	
	EYPWiYNS'UABiLIYi				EACH ACCIDENT	E
	THE PROPRIETOR/		INCL				DISEP3E-POLICY LIMIT	E
	PARTNERS/IXECUTNE
OFFICERS ARE:		
IXCL				
DISEASE-EACH EMPLOYEE	
E
					
	DINER				
SEDCRIPTION OF OPEM710NSA.OCATNNI6/VENICIliAPECUIL fllMS	
E: KERB COUNTY LAW ENFORCEMENT FACILITY. ADD'L INSUREDS UNDER GEN LIAB:
WNERS~ ARCHITECTS AND ENGINEERS, C/O	KERB COUNTY COMM COURT.
6 MG	
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	iNOULD ANY OF 7XE ABOVE DESCRIBED POLICIES BE CANCELLED BEFOIIE THE
	ET(PIMTON DATE THEREOF, THE OSUINO COMPANY WILL ENDEAVOR TO MAIL
Kerr County Comm COllrt	~~ DAYS WRITTEN NOTx:E TO THE cERTFIGITE MOLDER IUIMED TO THE LEFT,
Hon W C Stacy, Co Judge	BUT FAILURE To MAIL SUCH NOTCE SHALL IMPOSE No OBLKTATION OR LIABILITY
TOO Main St	OF ANY KIND UPON THE COMPANY, rDT ADENn OR REPRESENTATIVES.
Kerrville TX 78028	AUTHORn7iD REPRESENTATIVE
	wt
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fednesday, June 29, 1994 -, Kerrville Daily Times -Page 78
Sealed lump Bran General
Contract ads, oddressed To
the owner:
KERB COUNTY COMMIS-
SIONERS COURT
Hon. W.G. Stacy. County
Judge
Kerr County Courthouse-700
Main St.
Kerrville, texas 78028
will be received in the OF-
FICE OF THE COUNTY CLERK,
until 2:00 P.M., Tuesday, JUIy
21. 1994 and then pubilCly
opened for the COMPL~E
CONSTRUCTION OF THE KE, R
COUNTY LAW ENFORCE-
MENT FACILITY, to be lo-
cated in Kerrville. Texas.
A Cashier's or Certifigd
Check or Bidder's Bond p g-
able to the order of the
OWNER. In an amount not
less than 5% of the great@st
amount of bid submitted
rttUSt accompany the B -
der's Proposal. A Perf r-
mance and Payment Bo d.
each in an amount not I ss
than 100% of the Conir ct
Sum, conditioned upon t e
faithful performance of 1 e
Contract, will be require .
General Documents, Dr -
ings, antl Specificatl ns
(Cons}ruction Docume s)
for the Pro)ect are in 1 e
office of the Archite 1-
DlSiefano/Santopetro r-
chitecis, Inc: 10260 We h-
elmet, #390-Houston, ie 5
77042; Telephone:
713/953-9032. Sets of C n~
siruction Documents y
be obtained for a plan B~
posit of 5145/per set,• 01
which 5100/per set will e
refunded upon return of he
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