SECTION 8 - INDUSTRIAL PROPERTY AERIAL PHOTOGRAPH: RED OAK INDUSTRIAL PROPERTY INFRASTRUCTURE IMPROVEMENTS (~530 ACRES)

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2 TABLE OF CONTENTS SECTION 1 - SUPERIOR LOCATION MAP: STATE OF TEXAS - RED OAK LOCATION DEPICTED AERIAL PHOTOGRAPH: NORTH CENTRAL TEXAS REGION - RED OAK LOCATION DEPICTED MAP: COUNTY OF ELLIS - RED OAK LOCATION DEPICTED SECTION 2 - TRANSPORTATION NETWORK AERIAL PHOTOGRAPH: PLANNED TEXAS SOUTH LOOP 9 & FM 664/OVILLA ROAD IMPROVEMENTS DEPICTED AERIAL PHOTOGRAPH: PLANNED INTERSECTION OF TEXAS SOUTH LOOP 9 & I-35E DEPICTED AERIAL PHOTOGRAPH: FM 664/OVILLA ROAD RECONFIGURATION, IMPROVEMENTS AND WIDENING DEPICTED AERIAL PHOTOGRAPH: PLANNED RECONFIGURATION OF INTERSECTION FM 664/OVILLA ROAD & I-35E DEPICTED SECTION 3 - COMMUNITY CHART: ANNUAL GROSS RETAIL SALES RED OAK, TEXAS ( ) CHART: RED OAK POPULATION GROWTH U.S. CENSUS DATA ( ) CHART: POPULATION GROWTH RED OAK, TEXAS ( ) CHART: POPULATION GROWTH RATES SELECTED AREAS ( ) CHART: POPULATION GROWTH PROJECTIONS RED OAK, TEXAS ( ) SECTION 4 - RESIDENTIAL DEVELOPMENTS AERIAL PHOTOGRAPH: NEW RESIDENTIAL DEVELOPMENTS RED OAK, TEXAS (2019) CHART: NEW RESIDENTIAL DEVELOPMENTS & PROJECTED POPULATION GROWTH RED OAK, TEXAS ( ) SECTION 5 - EXCELLENCE IN EDUCATION FRONT ELEVATION PHOTOGRAPH: RED OAK HIGH SCHOOL FRONT ELEVATION PHOTOGRAPH: RED OAK HIGH SCHOOL FRONT ELEVATION PHOTOGRAPH: TEXAS STATE TECHNICAL COLLEGE NORTH TEXAS CAMPUS - RED OAK, TEXAS CONCEPTUAL DEVELOPMENT PLAN: TEXAS STATE TECHNICAL COLLEGE NORTH TEXAS - RED OAK

3 TABLE OF CONTENTS SECTION 6 COMMERCIAL & RETAIL DEVELOPMENTS AERIAL PHOTOGRAPH: NEC OF FM 664/OVILLA ROAD & I-35E (WALMART SUPERCENTER VICINITY) AERIAL PHOTOGRAPH: SH342 & FM 2377 (RED OAK HIGH SCHOOL & TEXAS STATE TECHNICAL COLLEGE VICINITY) CONCEPTUAL ELEVATIONS: H.C.A/MEDICAL CITY ARLINGTON (EMERGENCY ROOM & MEDICAL FACILITY) TE'JUN THE TEXAS CAJUN - SEAFOOD RESTAURANT (CITY LAKE/ PEARSON PARK) OVILLA CORNER III RETAIL CENTER - 13,300+ SQUARE FOOT (NEC I-3E & FM 664/ OVILLA ROAD ON REESE DRIVE) LA QUINTA del SOL HOTEL (NEQ I-35E & FM 664/ OVILLA ROAD - NB I-35E SERVICE ROAD & REESE DRIVE STARBUCKS & CHIPOTLE (NEQ I-35E & FM 664/ OVILLA ROAD - N. SHARAF DRIVE) H.C.A/ MEDICAL CITY ARLINGTON (20,000 + SQUARE FOOT EMERGENCY ROOM & MEDICAL FACILITY) RED OAK COMMERCIAL CENTER (8,000 SQ. FT.) FUZZY'S TACO SHOP, C-STORE & FUEL STATION, RED OAK DONUTS SEVEN/11 (3,000+ SQUARE FOOT) C-STORE & FUEL STATION - SH 342 & FM 2377/LOUISE RITTER DRIVE SECTION 7 - INDUSTRIAL DEVELOPMENT (ADVANCED AEROSPACE) TRIUMPH AEROSPACE STRUCTURES/ VOUGHT AIRCRAFT DIVISION - RED OAK, TEXAS (880,000+ SF/1,200+ FTE s) TRIUMPH & BOEING CORPORATION JOINT VENTURE (USAF: T-X AIRCRAFT) RED OAK, TEXAS ($9.2 BN/~950 JOBS) SECTION 8 - INDUSTRIAL PROPERTY AERIAL PHOTOGRAPH: RED OAK INDUSTRIAL PROPERTY INFRASTRUCTURE IMPROVEMENTS (~530 ACRES)

4 SUPERIOR LOCATION

5 STATE of TEXAS

6 STRATEGIC POSITION! NORTH CENTRAL TEXAS REGION LOCATION, LOCATION, LOCATION! DALLAS: 18 MILES (N) FT. WORTH: 42 MILES (NW) I 35E: 1.4 MILES / 2 MINUTES I 20: 8 MILES/ 10 MINUTES I 45: 9 MILES/ 15 MINUTES I 30: 28 MILES/ 24 MINUTES I 35W: 43 MILES/ 43 MINUTES 5 INTERSTATE HIGHWAYS WITHIN 43 MILES / 43 MINUTES!

7 ELLIS COUNTY, TEXAS RED OAK, TEXAS

8 TRANSPORTATION NETWORK

9 INTERSTATE AVAILABILITY INTERSTATE 35: 2 MINUTES I 35E: 1.4 MILES / 2 MINUTES I 20: 8 MILES / 10 MINUTES I 45: 9 MILES / 15 MINUTES I 30: 28 MILES / 24 MINUTES I 35W: 43 MILES / 43 MINUTES I 10: 228 MILES / 3 + HOURS 7 INTERSTATE HIGHWAYS WITHIN 9 HOURS! I 110: 642 MILES / 9 HOURS

TxDOT has started buying right of way The first section between I-35E and I-45 will be a 2-lane 2-way frontage road, with future expansion as traffic

Mobility Committee Update, Curtistene S. McCowan, Chair.

11 SOUTH LOOP 9 ROUTE PROPOSED ROUTE 9.5 MILE SECTION PROPOSED LOOP 9 ROUTE SOUTHEAST CORRIDOR MIDDLE REGION TXDOT PROJECT TXDOT Update: South Loop 9 The project is environmentally cleared TxDOT has started buying right of way The first section between I-35E and I-45 will be a 2-lane 2-way frontage road, with future expansion as traffic warrants Construction could begin in mid-2021 and take three years to complete (SOURCE:Best Southwest Partnership Executive Committee Meeting, Mobility Committee Update, Curtistene S. McCowan, Chair. October 5, 2018) The planned Loop 9 is a State of Texas Highway that will be located along the southern Dallas County and northern Ellis County lines. The section of Loop 9 connecting I 45 (to the east) with I 35 (to the west) will be approximately 9.5 miles in length. This 9.5 mile section will be located immediately to the north of the proposed industrial property.

12 SOUTH LOOP 9 & I-35 E PROPOSED INTERSECTION

13 FM 664 / OVILLA ROAD CONNECTS US 287 WITH I-45 Proposed Proposed Site Site

14 FM 664 / OVILLA ROAD PROPOSED CONFIGURATION

15 COMMUNITY

GROSS SALES RED OAK, TEXAS 2002 $55,813,900 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 $59,544,456 $66,276,681 $69,685,944 $82,495,611 $81,880,363 $85,600,849 $84,257,809 $87,767,173

16 GROSS SALES RED OAK, TEXAS 2002 $55,813, $59,544,456 $66,276,681 $69,685,944 $82,495,611 $81,880,363 $85,600,849 $84,257,809 $87,767,173 $97,780,904 $121,527,157 $136,681, $150,805, $202,133,688 $194,394,470 $188,358,303 $220,400,169 $250,000,000 $200,000,000 $150,000,000 $100,000,000 $50,000,000 $0 CALENDAR YEARS (SOURCE: FINANCE DEPARTMENT. CITY OF RED OAK, TEXAS DATA)

SALES TAX COLLECTIONS RED OAK, TEXAS CALENDAR YEARS $1,116,278 $1,190,889 $1,325,534 $1,393,719 $1,649,912 $1,637,607 $1,712,017 $1,685,156 $1,755,343 $1,955,618 $2,430,543 $2,733,633 $3,016,113

17 SALES TAX COLLECTIONS RED OAK, TEXAS CALENDAR YEARS $1,116,278 $1,190,889 $1,325,534 $1,393,719 $1,649,912 $1,637,607 $1,712,017 $1,685,156 $1,755,343 $1,955,618 $2,430,543 $2,733,633 $3,016,113 $4,042,674 $3,887,889 $3,767,166 $4,408,003 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000, $ (SOURCE: FINANCE DEPARTMENT. CITY OF RED OAK, TEXAS DATA)

U.S. CENSUS POPULATION RED OAK, TEXAS 1950 2010 12,000 10,769 10,000 8,000 6,000 4,301 4,000 3,124 2,000 350 415 767

18 U.S. CENSUS POPULATION RED OAK, TEXAS ,000 10,769 10,000 8,000 6,000 4,301 4,000 3,124 2, , (SOURCE: UNITED STATES CENSUS BUREAU. OFFICIAL US CENSUS DATA: )

POPULATION GROWTH RED OAK, TEXAS 1990-2018 14,000 12,000

19 POPULATION GROWTH RED OAK, TEXAS ,000 12,000 10,769 11,980 13,188 10,000 8,000 6,000 4,000 2,000 3,124 4,301 0 YR 1990 YR 2000 YR 2010 YR 2015 YR 2018 (Sources: US Census Data. North Central Texas Council of Governments)

20 POPULATION GROWTH RATES SELECTED AREAS PERCENT GROWTH % 22.5% 20.0% 15.0% 10.0% 14.7% 14.5% 12.3% 10.3% 9.9% 8.0% 8.0% 7.9% 6.7% 6.6% 4.7% 4.5% 5.0% 2.4% 0.0% (SOURCES: US CENSUS DATA. NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS)

POPULATION PROJECTIONS RED OAK, TEXAS 2010 2040 (ANNUALIZED) 25,000 20,000 15,000 10,000 5,000-2039 2040 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

21 POPULATION PROJECTIONS RED OAK, TEXAS (ANNUALIZED) 25,000 20,000 15,000 10,000 5, ,193 21,746 10,769 10,990 11,222 11,460 11,706 11,958 12,217 12,484 12,760 13,045 13,340 13,643 13,957 14,282 14,618 14,965 15,326 15,698 16,083 16,481 16,890 17,314 17,749 18,199 18,661 19,139 19,630 20,136 20,657 (SOURCE: RED OAK ECONOMIC DEVELOPMENT DEPARTMENT POPULATION PROJECTIONS FOR RED OAK ARE CALCULATED ON 2.4% AVERAGE ANNUAL POPULATION GROWTH PROJECTIONS BASED UPON THE NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS POPULATION PROJECTIONS FOR THE D/FW MSA )

AD VALOREM PROPERTY TAX SELECTED AREA CITIES TAX RATE 0.900000 0.

8143 PER $100 VALUATION 0.7500 0.7484 0.7214 0.7100 0.7100 0.7082 0.

7333 0.600000 0.500000 0.4577 0.400000 0.300000 0.200000 0.

22 AD VALOREM PROPERTY TAX SELECTED AREA CITIES TAX RATE PER $100 VALUATION AVERAGE TAX RATE (SOURCE: ELLIS AND DALLAS APPRAISAL DISTRICTS AD VALOREM PROPERTY TAX RATES

23 RESIDENTIAL DEVELOPMENTS

24 NEW RESIDENTIAL DEVELOPMENTS (Source: Community Services Department. City of Red Oak, Texas. 2019)

25 RESIDENTIAL DEVELOPMENTS RESIDENTIAL DEVELOPMENT & PROJECTED POPULATION GROWTH DEVELOPMENT YEAR TOTAL LOTS NUMBER OF LOTS: FULL BUILD OUT NUMBER OF ACRES PER DEVELOPMENT NUMBER OF LOTS PER ACRE: FULL BUILD OUT BROTHERS BLVD. TOWNHOMES CAMDEN PARK COLE MANOR THE COVE AT HICKORY CREEK (SRS.) CREEK BEND CRYSTAL LAKE HARMONY ESTATES III HARMONY ESTATES IV HICKORY CREEK ESTATES II & III LEGACY OAKS (SRS.) OAKMONT RED OAK GARDENS THE WOODS of RED OAK II MEADOW RIDGE NUMBER OF LOTS PER YEAR ,638 PROJECTED POPULATION GROWTH 1,743 1, ,832 (SOURCE: COMMUNITY SERVICES DEPARTMENT. CITY OF RED OAK, TEXAS. 2019) NUMBER OF LOTS PER YEAR ( ) PROJECTED POPULATION GROWTH 2.95 PERSONS / HOUSEHOLD)

NEW RESIDENTIAL PERMITS ISSUED 2009-2018 200 188 180 168 160 140 120 117 122 100 80 60 40 36 38 45 56 87 81 20 0 2009 YR 2010 YR

26 NEW RESIDENTIAL PERMITS ISSUED YR 2010 YR 2011 YR 2012 YR 2013 YR 2014 YR 2015 YR 2016 YR 2017 YR 2018 YR (SOURCE: COMMUNITY SERVICES DEPARTMENT. CITY OF RED OAK, TEXAS. 2019)

27 CITY OF RED OAK NEW SINGLE FAMILY PERMITS DATE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL

NEW SINGLE FAMILY DWELLINGS 200 188 180 168 160 Number 140 120 100 80 60 40 122 81

28 NEW SINGLE FAMILY DWELLINGS Number ' 2017' 2016' 2015' 2014' 2013' 2012' 2011' 2010' 2009' Year

29 EXCELLENCE IN EDUCATION

30 RED OAK HIGH SCHOOL (PHOTO CREDIT: RED OAK ISD. 2019)

31 LIFE SCHOOL ELEMENTARY SCHOOL RED OAK (PHOTO: CREDIT: LIFE SCHOOL. 2019)

32 TEXAS STATE TECHNICAL COLLEGE NORTH TEXAS JIM PITTS INDUSTRIAL TECHNOLOGY CENTER (PHOTO: CREDIT: TEXAS STATE TECHNICAL COLLEGE. 2018)

33 TEXAS STATE TECHNICAL COLLEGE NORTH TEXAS

34 COMMERCIAL / RETAIL DEVELOPMENTS

35 TE JUN THE TEXAS CAJUN CAJUN SEAFOOD RESTAURANT (SOURCE: ECONOMIC DEVELOPMENT DEPARTMENT. CITY OF RED OAK, TEXAS. 2019)

36 NEC FM 664 & I-35E NEW RETAIL CENTERS, HOTEL & BANK La Quinta Del Sol Chick-Fil-A 83,468 VPD 40,013 VPD Prosperity Bank Starbucks Chipotle

37 LA QUINTA del SOL HOTEL 4-STORIES 85 ROOMS 47,754 SF (PHOTO CREDIT: LA QUINTA INN & SUITES. 2019)

38 OVILLA CORNER II 13,300 + SF RETAIL CENTER (PHOTO CREDIT: RETAIL SOLUTIONS REAL ESTATE. 2019)

39 STARBUCKS / CHIPOTLE 4,285 SF RESTAURANT SPACE

41 SH 342 & MAIN STREET FUZZY S TACO SHOP & 7/ELEVEN

42 RED OAK COMMERCIAL CENTER C-STORE / FUEL RED OAK DONUTS FUZZY S TACO SHOP 8,000 SF RETAIL CENTER

43 7 - ELEVEN 3,062 SF C STORE & FUEL STATION

44 ADVANCED AEROSPACE

TRIUMPH AEROSTRUCTURES RED OAK, TEXAS VOUGHT AIRCRAFT DIVISION ADVANCED MANUFACTURING EAGLE I 240,000 + SF 275 + EMPLOYEES

$180 + MILLION THIS PROJECT REQUIRED A GREAT DEAL OF COOPERATION BETWEEN THE RED OAK CITY COUNCIL, THE RED OAK INDUSTRIAL

45 TRIUMPH AEROSTRUCTURES RED OAK, TEXAS VOUGHT AIRCRAFT DIVISION ADVANCED MANUFACTURING EAGLE I 240,000 + SF EMPLOYEES $80 + MILLION SKYRAIDER 2 646,000 + SF EMPLOYEES $100 + MILLION TOTAL PROJECT OVER 880,000 + SF 1,200 + EMPLOYEES $180 + MILLION THIS PROJECT REQUIRED A GREAT DEAL OF COOPERATION BETWEEN THE RED OAK CITY COUNCIL, THE RED OAK INDUSTRIAL DEVELOPMENT CORPORATION, DR. SCOTT NIVEN & THE ROISD, THE ELLIS COUNTY COMMISSIONER S COURT, AND STATE REPRESENTATIVE JIM PITTS.

46 TRIUMPH AEROSPACE STRUCTURES & BOEING CORPORATON T X TRAINER (USAF) $9.2 BILLION AWARD UP TO 900 JOBS (DIRECT & INDIRECT) (SOURCE: TRIUMPH AEROSPACE STRUCTURES/VOUGHT AIRCRAFT. BOEING CORPORATION. 2018)

47 INDUSTRIAL PROPERTY

48 INDUSTRIAL PROPERTY INFRASTRUCTURE IMPROVEMENTS

49 PEARSON PARK OVERLOOKING CITY LAKE RED OAK, TEXAS

COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS*

COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) Fixed Rates Variable Rates FIXED RATES OF THE PAST 25 YEARS AVERAGE RESIDENTIAL MORTGAGE LENDING RATE - 5 YEAR* (Per cent) Year Jan Feb Mar Apr May Jun Jul