CoreNet Economic Development Awards

Finalist: City of Farmers Branch, Texas

Date: March 16, 2005

Category: Leadership & Innovation

JPMorgan International Plaza

JPMorgan Investment Services

Tenant Rep : Staubach Company Developer: The Wilcox Group, Dallas, Tx Incentive Advisor: Stadtmauer Bailkin

Biggins

Incentive Package

Sales tax exemption program Tax abatement Training grant Fast track permitting process

Team

Mayor and City Council Director of Economic Development City Manager & City Attorney Brookhaven College Dallas County Wilcox Development

Impact to Company

$1.1 million annually in property taxes* $4.9 million in sales tax exemption $932,342 in state training grant

*Estimated

Impact to City

1,650 new jobs $170,000,000 in capital investment $683,421 in administrative fee

(2001-2004)