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GROOM CONSTRUCTION EDIP
Certified Project Application —Page 1 The Massachusetts Economic Development Incentive Program CERTIFIED PROJECT APPLICATION RECEIVED FEES 1 6 2007 APPLICANT INFORMATION DEPT.OF PLANNING& COMMUNITY DEVELOPMENT 1. Name and address of business(es) submitting this application (please list fiscal year end for each business): Groom Realty, LLC Groom Construction Co., Inc 324 Essex Street Swampscott, MA 01907 YE 12/31 2. Name and address of project (if different from above): Salem Commerce Park 96 Swampscott Road/Unit 6 Salem, MA 01970 3. Location of ETA: Salem, MA 4. Location of EOA: Salem, MA 5. Authorization: [Me, (print) David Groom of the business(es) applying for Certified Project designation, hereby certify that the information within this application is true and accurate, and reflects the project's intentions for job creation and investment. I/We understand that the information provided with' this application shall be binding for the duration of the pro" t certification 1- I - a ( gnature) (Date) (Signature) (Date) (Additional Signatures, if necessary) (Date) Certified Project Application -- Page 2 6. Nature and Purpose of Project: Describe briefly the nature and history of the business as well as the specific expansion/growth/relocation plans: the level of new investment (with a breakdown of type of expense: construction, renovation, acquisition of equipment, etc.) and employment levels -- both current and projected. Provide time frames for both the projected total investment and job creation. As part of this narrative, please explain why the business is seeking Certified Project designation. Groom Realty LLC has purchased a condominium in the Salem Commerce Park for$1.15M and is in the process of building out the space. The initial construction budget for this project is $600K. Groom Construction is the general contractor on the project and the work is being performed by local subcontractors. When work has been completed, the plan is to lease the space to two related companies (Groom Construction Co, Inc.and Groom Energy Solutions, LLC), a local dance studio, and a few other smaller contractors. If the City of Salem can work with Groom Realty to establish and maintain an affordable tax assessment on the property that will allow all of the companies to keep a reasonable level of costs, we can move all operations and employees to Salem, MA. Following is general information on the related companies involved and the projected job growth: Groom Construction was established in 1979 by Tom and David Groom both of Swampscott, MA. Groom Construction serves both the residential and commercial construction markets. Clients include national retailers (Best Buy, Home Depot), nonprofit organizations (YMCA, Salvation Army), local developers, and the Commonwealth of Massachusetts. Groom Construction has a history of adding jobs through reinvesting profits into the Company to diversify its services and increase revenue. Since 2000 the full time staff has increased by fifty direct employees and the Company has had a significant impact on local subcontractors and suppliers. With the down turn in the residential construction market and some leveling off the local commercial construction market, Groom Construction expects to build from its success with Best Buy and focus its expansion on national retailers. We are projecting the need for an additional eight construction positions in 2008. Groom Energy Solutions, LLC established in 2005 provides installation, service, and repair of energy efficient products to the commercial market. Groom Energy has added six new jobs in 2006 and it is expected to add additional sales positions and one administrative position with the increased space. Certified Project Application -- Page 3 7. Is this business new to Massachusetts? Yes X No If no: • Where are the existing Massachusetts facilities? 324 Essex Street, Swampscott, MA 01907 • Will this project require/trigger the closing or consolidation of any Massachusetts facilities? If yes, please explain. No, all operations would be moved to Salem, MA and the current building would be sold or leased to a Company needing additional space to expand 8. Is this project an expansion of an existing business? X Yes No If yes, check the appropriate box: at existing location at new location in same municipality X at new location in different municipality 9. Job Creation In order to qualify for Certified Project Status, the governing statute and regulations require the creation of new, new, permanent full-time employees in Massachusetts.. On the chart provided (see next page), please fill in the blanks provided. WORK FORCE ANALYSIS AND JOB CREATION PLAN ew o s: CURRENT JOBS, if any to be TOTAL, New Jobs: New Jobs: New Jobs: New Jobs: New Jobs: Years 6-10 EMPLOYMENT relocated from Projected New Year One Year Two Year Three Year Four Year Five (2016) LEVEL another MA facility Permanent Jobs (2008) (2009) (2010) (2011) (2012) If Applicable Total Employees at Certified Project Facility in Mass. 74 0 50 8 8 4 4 4 22 Total Employees in Massachusetts at other sites. 0 0 0 0 0 0 0 0 0 # of Employees at Certified Project Location who live in the ETA of the Certified Project 10 0 25 4 4 2 2 2 11 # of Permanent Full- Time Employees 71 1 0 50 8 8 4 4 4 22 # of Permanent Part- Time Employees 3 0 3 3 3 3 3 3 3 # of Temporary Full- Time Employees 0 0 1 0 0 0 0 0 0 0 # of Temporary Part- Time Employees 0 0 0 0 1 0 1 0 1 0 1 0 0 JOBS BY CLASSIFICATION (List # of Jobs, and Average Wage/Salary. Please feel free to use your company's classification system) # of Management Positions 5 $100k+ 0 0 0 0 0 0 0 # of Professional Positions 13 $40k+ 3 1 0 0 0 0 1 #of Technical Positions 1 $25k (PPT) 0 0 0 0 0 0 0 # of Skilled Positions 43 $18 + per hour 37 5 5 3 3 3 16 # of Unskilled $10 - $18 per Positions 12 hour 10 2 3 1 1 1 5 Certified Project Application -- Page 5 10. Certification for Abandoned Buildings -- Does the proposed project involve the renovation and reuse of an abandoned building? X Yes No Unsure If yes or unused, please answer the following questions: (a) How long has the building been vacant? (If know, state date) Unknown (b) During this period of time, what percentage of the building was vacant and unused? If the percentage varied during this time period, provide information for each change in the percent of vacant space and the applicable time period. Unknown 11. Local Employment -- What actions will you take to recruit employees from among residents of the ETA? Groom Construction will work with the Salem office of the Division of Employment and Training to target potential employees in the ETA with a background that would qualify them for open/new positions. Groom also hires employees without experience and trains them to fill open positions. We will also continue to recruit through the local newspapers. Provide any information, documentation, or studies which demonstrate that: (a) the business has the intention and capacity to achieve the anticipated level of new permanent full-time jobs for residents of the municipality/Economic Target Area; and Groom Construction has been selected to build the YMCA at Leggs Hill (within the ETA) and are also in the final stages of adding an additional national retail client. (b) taking into consideration existing economic conditions, the proposed project is likely to succeed in creating and retaining the anticipated level of new permanent full-time jobs for residents of the municipality/Economic Target Area. Groom Construction has a diverse business base and does not specialize in a single type of construction. Much of the work is done on a reoccurring basis (retail remodels) outside of Massachusetts. Certified Project Application -- Page 6 12. Affirmative Action -- Does the business have an Affirmative Action/Equal Employment Opportunity Plan or Statement? X Yes No If yes, please attach a copy. see Attached If no, describe the business' hiring policies and practices. 13. Agreement Between the Business and Area Banks -- Describe briefly the business' local banking relationship(s), if any. Does the institution with which the business banks participate in the Massachusetts Capital Access Program, which is designed to commit a portion of the business' deposits to fund loans to local businesses? Groom Construction has a banking relationship with Danversbank,One Conant Street, Danvers, MA Our contact is Frank Romano(978.646.0361).We have both deposit and loan accounts.The institution does not participate in the Massachusetts Capital Access Program. 14. Economic Benefits of Project Certification -- Provide a description of the economic benefits that are anticipated for the business and the project, if the project is certified. For example, describe the anticipated state and local tax benefits, municipal road or infrastructure improvements, assistance for local job training programs, the impact of local permit streamlining and other benefits anticipated if the project is certified. Also, provide any information, documentation or studies demonstrating any additional benefits (i.e., reduction of blight, reuse of abandoned buildings, clean up of contaminated property, job training, provision of day care, any contributions to the community etc.) likely to accrue to the area as a result of Certified Project designation. Groom Realty and Groom Construction are interested in local real estate tax incentives, the State's 5% Investment tax credit, and the State's 10%Abandoned Building Tax Deduction (if applicable). In addition to creating jobs,the completion of this project will create usable space in an abandoned building and help other small businesses(the dance studio, local contractors) by offering affordable spaces to run their businesses. Certified Project Application -- Page 7 SPECIAL REQUIREMENTS FOR REAL ESTATE PROJECTS 1. Will the business own or lease/rent the facility? X Own Lease/Rent If leasing/renting, please identify the developer/landlord, and state who will be the taxpayer of record for the purpose of paying local real estate taxes. Groom Realty LLC will own the property; Groom Construction Co, Inc will rent a significant portion of the facility. If owning, will the business fully occupy the space? Yes X No If no, does the business intend to lease/rent the remaining space? Yes 2. Describe how the various tax benefits and other economic incentives that will result from Certified Project designation will be allocated among the business(es) developing the project (i.e., a developer or landlord) and the business(es) intending to purchase, lease or rent space at the facility (i.e., tenant or tenants). Local real estate tax incentives will be allocated to Groom Realty; other benefits will be allocated based on financial contribution of Groom Realty and Groom Construction. SUPPLEMENTAL INFORMATION 1. Name(s) of the business(es) intending to take advantage of the state tax incentives: Business Name: Groom Realty LLC Federal Employer Identification #: 20-5045679 Address: 324 Essex Street Swampscott, MA 01907 Phone: 781.592.3135 Fax: 781.593.1480 Contact Person: Mark Bernato Type of Organization (check all which applies): Corporation For-Profit S-Corp Non-profit Business Trust X Partnership X General Partnership Limited Partnership Individual Level of Interest: X 5% Investment Tax Credit X 10% Abandoned Building Tax Deduction (if applicable) X Local real estate tax incentive beneficiary Certified Project Application -- Page 8 2nd Business Name (if applicable): Groom Constrution Co., Inc Federal Employer Identification #: 04-2866322 Address: 324 Essex Street Swampscott, MA 01907 Phone: 781.592.3135 Fax: 781.593.1480 Contact Person: Mark Bernato Type of Organization (check all which applies): X Corporation X For-Profit X S-Corp Non-profit Business Trust Partnership General Partnership Limited Partnership Individual Level of Interest: X 5% Investment Tax Credit X 10% Abandoned Building Tax Deduction (if applicable) X Local real estate tax incentive beneficiary ***If there are more than two businesses intending to take advantage of these state tax incentives associated with this project, please provide the above information for all such businesses. 2. A-- If a corporation, please list the names and addresses of the officers and directors of said corporation, and any person and/or corporation with a financial interest of five percent or greater in said corporation. B -- If a partnership, please list the names and addresses of all partners, and include the proportionate share owned by each partner. C -- If a business trust, please name all members and beneficiaries of said trust. Groom Realty, LLC Thomas Groom, Manager 6 Ingraham Terrace Swampscott, MA 01907 David Groom, Manager 32 Estabrook Road Swampscott, MA 01907 Groom Construction Co., Inc Thomas Groom, President 6 Ingraham Terrace Swampscott, MA 01907 David Groom,Treasurer 32 Estabrook Road Swampscott, MA 01907 A. Scott Faulkner, Secretary 41 Salem Street Swampscott, MA 01907 3. Please provide the name, address, phone number and contact person for any organizations Which may own or control the applicant organization, or who are affiliated with the applicant business organization. N/A Certified Project Application -- Page 9 4. Certificate of Good Standing -- Please provide proof of good tax standing in the Commonwealth of Massachusetts via a Certificate of Good Standing, which is a letter issued by the Massachusetts Department of Revenue. To obtain a Certificate of Good Standing, please see Attachment I of this application. Certificates of Good Standing attached MASSACHUSETTS DEPT.OF REVENUE PO BOX 7066 BOSTON,MA 02204 ALAN LeBOVIDGE, COMMISSIONER ROBERT P. O'NEILL, BUREAU CHIEF GROOM REALTY, LLC 2430 Notice 80619 OP 324 ESSEX ST ID 205 2/0 679 Date SWAMPSCOTT MA 01907-1212 DatCERTIFICATE' Bureau CERTIFICATE CERTIFICATE 40F.GOOD STANDING AND/OR TAX COMPLIANCE The Commissioner of Revenue certifies as of the above date, that the above named individual or entity is in compliance with its tax obligations payable under M.G.L. c. 62C, including corporation excise,.sales and use taxes, sales tax on meals, sales and use tax on Boats/RV, withholding taxes, room occupancy excise and personal income taxes, with the following exceptions. This Certificate certifies that individual taxpayers are in compliance with income tax obligations and any sales and use taxes, sales tax on meals, withholding taxes, and/or room occupancy taxes related to a sole proprietorship. Persons deemed responsible for the payment of these taxes on behalf of a corporation, partnership or other business entity may not use our automated process to obtain a Certificate. This Certificate does not certify that the entity's standing as to taxes such as unemployment insurance administered by agencies other than the Department of Revenue, or taxes under any other provisions of law. Taxpayers required to collect or remit the following taxes must submit a separate request to certify compliance: Alcoholic Beverage Excise, Cigarette Excise, International Fuels Tax Agreement, Smokeless Tobacco or Ferry.Embarkation. THIS IS NOT A WAIVER OF LIEN ISSUED UNDER GENERAL LAWS, CHAPTER 62C, SECTION 52. Very truly yours, Robert O'Neill, Bureau Chief IIIIIII�NIIIIIIINIIIIIIIIIIIINII�IINIIIIIIIINNII MASSACHUSETTS DEPT.OF REVENUE PO BOX 7010 BOSTON,MA 02204 3 ALAN LeBOVIDGE, COMMISSIONER TERESA O'BRIEN-HORAN, DEPUTY COMMISSIONER Notice 80619 OP GROOM CONSTRUCTION CO INC 4010 T/P ID 042 866 322 324 ESSEX ST Date 11/09/06 SWAMPSCOTT MA 01907-1212 Bureau CERTIFICATE CERTIFICATE OF GOOD STANDING AND/OR TAX COMPLIANCE The Commissioner of Revenue certifies as of the above date, that the above named individual or entity is in compliance with its tax obligations payable under M.G.L. c. 62C, including corporation excise, sales and use taxes, sales tax on meals, sales and use tax on Boats/RV,withholding taxes, room occupancy excise and personal income taxes, with the following exceptions. This Certificate certifies that individual taxpayers are in compliance with income tax obligations and any sales and use taxes, sales tax on meals, withholding taxes, and/or room occupancy . taxes related to a sole proprietorship. Persons deemed responsible for the payment of these taxes on behalf of a corporation, partnership or other business entity may not use our automated process to obtain a Certificate. This Certificate does not certify that the entity's standing as to taxes such as unemployment insurance administered by agencies other than the Department of Revenue, or taxes under any other provisions of law. Taxpayers required to collect or remit the following taxes must submit a separate request to certify compliance: Alcoholic Beverage Excise, Cigarette Excise, International Fuels Tax Agreement, Smokeless Tobacco or Ferry Embarkation. THIS IS NOT A WAIVER OF LIEN ISSUED UNDER GENERAL LAWS, CHAPTER 62C, SECTION 52. Very truly yours,/ Robert O'Neill, Bureau Chief GROOM CONSTRUCTION CO., INC EQUAL OPPURTUNITY STATEMENT It is the policy of the Groom Construction Co, Inc. to provide for and promote equal employment opportunity in employment compensation and other terms and conditions of employment without discrimination based on age, race, creed, color, national origin, gender, sexual orientation, disability, marital status, Vietnam Era Veteran status, genetic predisposition, or carrier status. Groom Construction Co., Inc. is committed to assuring equal employment opportunity. It is our policy to provide reasonable accommodation to a qualified individual with a disability to enable such individual to perform the essential functions of the job which he/she is applying or in which he/she is employed. The policy applies to all employment practices and actions. It includes, but is not limited to, recruitment,job application process, examination and testing, hiring, training, disciplinary actions, rate of pay or other compensation, advancement, classification, transfer, reassignment and promotions. Due Diligence Letter Groom Construction Co, Inc. Groom Construction was established in 1979 by Tom and David Groom both of Swampscott, MA. The company serves both the residential and commercial construction markets. Clients include national retailers (Best Buy, Home Depot), nonprofit organizations (YMCA, Salvation Army), local developers, and the Commonwealth of Massachusetts. Groom Construction has been located at 324 Essex Street, Swampscott, MA since 1984. The building has approximately 5,000 square feet of office/storage space and a small yard used for the storage of equipment and supplies used in the business. There is no off street parking. The company has experienced strong growth over the last five years and with the addition of a sister company (Groom Energy Solutions, LLC), it has become difficult to operate in the Essex Street space. Management has been actively looking for a new location since 2004 and was open to either building a new location or purchasing an existing one. Following are the general requirements of the new space: • Office space in range of 10-12,000 square feet • Off street parking to accommodate a minimum of twenty five vehicles • Contractor storage space in excess of 3-5,000 square feet • Salem/Swampscott location Management looked at several sites during the 2004-05 period, most that could not meet the company's general requirements. An offer was submitted for a property on Highland Avenue in Salem, MA in early 2006. After agreeing to terms with Groom Construction, the owner sold the property to another buyer. In June 2006, management completed a deal to purchase Unit#6 of the Salem Commerce Park located at 96 Swampscott Rd, Salem, MA. The property is currently being built-out to meet management's specifications. I, Thomas Groom, as a representative for both Groom Construction and Groom Realty LLC, hereby certify that this statement is true and accurate. 5" 1 O -7 omas Groom Date Groom Realty, LLC Groom Construction Co., Inc. Application for Certified Project Designation Tax Increment Financing Plan �0 fi- iii._ ..�___ _ • - :� rf 96 Swampscott Road, Salem,Massachusetts Presented to: Economic Assistance Coordinating Council Presented by: Mayor Kimberley Driscoll City of Salem Groom Realty, LLC Groom Construction Co., Inc. March 13, 2007 C� �6 I > CITY OF SALEM, MASSACHUSETTS Kimberley Driscoll Mayor. March 12, 2007 Economic.Assistance Coordinating Council ATTN: Robert Foley, Program Manager EDIP Massachusetts Office of Business Development One Ashburton Place, Suite 2101 Boston, MA 02108 To the Members of the Economic Assistance Coordinating Council: I am pleased to submit for your review the applications and supporting documentation necessary to designate Groom Realty, LLC a Certified Project through the Commonwealth's Economic Development Incentive Program (EDIP). Groom Realty, LLC is the holding company for Groom Construction Co., Inc., a local construction company, looking to expand and move their operations to Salem's newest industrial park at 96 Swampscott Road. Shortly after taking office last year, a developer approached me about his purchase of the former Atlantic Extrusions building at 96 Swampscott Road. The 170,000 square foot building had been vacant for over two years, with little interest from companies or developers looking to invest in the property. The developer envisioned redeveloping the property into industrial/commercial condominiums for smaller manufacturing companies. He quickly found interest from local companies looking for space and willing to invest in the property. The building is now home to nine companies, who are investing a great deal in their units. Three of these companies approached the City for assistance, Groom Construction, being one of them. Groom Construction was established in 1979 in Swampscott and serves both the residential and commercial construction markets. They are moving to Salem and purchasing a 22,000 square foot unit at 96 Swampscott Road. Groom Construction will be relocating from Swampscott, which will allow the company to move all of their operations, including their related company, Groom Energy Solutions, LLC, to Salem. They also plan to lease part of the completed space to a local dance studio and a few smaller contractors. The investment in the purchase and renovation of the unit is anticipated to be $1,725,000. The expected job growth is 28 full-time permanentjobs in the next five years. The City is proposing a five-year TIF Agreement for Groom Construction. If approved, it will ~ be the first time in nearly six years that the city has used this valuable economic development tool to promote development in Salem. Projects using this tool in the past have exceeded job Salem City Hall—93 Washington Street—Salem, MAO 1970-3592 Ph. 978-745-9595 Fax 978-744-9327 y creation goals and continue to provide meaningful tax revenue to the City. The financial impact of the project is substantial and will help send the message that we welcome new businesses and encourage economic development in Salem. On February 22, 2007, the project was submitted to the Salem City Council to designate the company as a certified project and endorse a five-year Tax Increment Financing (TIF) plan. The Council is reviewing the project at the Committee level on March 19 and we anticipate a favorable vote on March 22, 2007. The enclosed TIF plan and application for certified project status describe the City's reasons for offering the incentives and the benefits, which the company will bring to Salem. I appreciate your support of our economic development efforts and hope that, once again, you will vote to certify a Salem project. Very truly yours, 4V4 ]�� Kimberley Driscoll Mayor Salem City Hall—93 Washington Street—Salem, MA 01970-3592 Ph. 978-745-9595 Fax 978-744-9327 RECEIVE® NOV 2 8 2006 i0o 11DEPT.Of PLANNING& STRUCTI0 COMMUNITY DEVELOPMENT "SINCE 1979" November 21, 2006 General Building Contractors Hon. Mayor Kimberly Driscoll City of Salem City Hall 93 Washington Street Salem, MA 01970 Dear Mayor Driscoll, I am writing to you in my capacity as president of Groom Construction Co., Inc. to once again notify the City of Salem of our interest in participating in the MA Economic Development Incentive Programs and related fiscal incentives that may be available to our business. Groom Construction has been in business since 1979 and was incorporated in Massachusetts in 1983. Our subsidiary, Groom Energy Solutions was formed in 2005 to serve the energy needs of manufacturing and warehouse-based clients. We currently employ a combined 98 persons, and by moving from our 5,000 sq. ft. facility in Swampscott, MA, to a new 27,000 sq. ft. facility at 96 Swampscott Rd. in Salem we expect to be able to expand our work capacity and employment base significantly in the coming years. As you may know, we were in contact with Tania Hartford of the City's Economic Development team on April 30`h of this year regarding our interest in participating in these programs, and, it remains our hope that the City of Salem will continue to assist us in our efforts. We welcome the opportunity to have yourself and/or representatives of your team to visit our existing facility as well as our planned new facility to get a better understanding of our operation and our goals. I look forward to hearing from you on this matter. Yours I ly, Thomas Groom, president Groom Construction Co., Inc. Cc: Peter Milano Tania Hartford GROOM CONSTRUCTION CO., INC. 324 ESSEX STREET, SWAMPSCOTT, MA 01907 TELEPHONE (781) 592-3135 FACSIMILE (781) 593-1480 WEBS-ITE: www.Groornco.com Certified Project Application —Page 1 The Massachusetts Economic Development Incentive Program CERTIFIED PROJECT APPLICATION RECEIVED FEB 1 6 2007 APPLICANT INFORMATION DEPT.OFPLANNUM& COMMJMiYDEVELOPMENr 1. Name and address of business(es) submitting this application (please list fiscal year end for each business): Groom Realty, LLC Groom Construction Co., Inc 324 Essex Street Swampscott, MA 01907 YE 12/31 2. Name and address of project (if different from above): Salem Commerce Park 96 Swampscott Road/Unit 6 Salem, MA 01970 3. Location of ETA: Salem, MA 4. Location of EOA: Salem, MA 5. Authorization: ]/We, (print) David Groom of the business(es) applying for Certified Project designation, hereby certify that the information within this application is true and accurate, and reflects the project's intentions forjob creation and investment. ]/We understand that the information provided withi this application shall be binding for the duration of the prot certification ( gnature) (Date) (Signature) (Date) (Additional Signatures, if necessary) (Date) I�. Certified Project Application -- Page 2 6. Nature and Purpose of Project: Describe briefly the nature and history of the business as well as the specific expansion/growth/relocation plans: the level of new investment (with a breakdown of type of expense: construction, renovation, acquisition of equipment, etc.) and employment levels -- both current and projected. Provide time frames for both the projected total investment and job creation. As part of this narrative, please explain why the business is seeking Certified Project designation. Groom Realty LLC has purchased a condominium in the Salem Commerce Park for$1.15M and is in the process of building out the space. The initial construction budget for this project is $600K. Groom Construction is the general contractor on the project and the work is being performed by local subcontractors. When work has been completed, the plan is to lease the space to two related companies (Groom Construction Co, Inc.and Groom Energy Solutions, LLC),a local dance studio, and a few other smaller contractors. If the City of Salem can work with Groom Realty to establish and maintain an affordable tax assessment on the property that will allow all of the companies to keep a reasonable level of costs, we can move all operations and employees to Salem, MA. Following is general information on the related companies involved and the projected job growth: Groom Construction was established in 1979 by Tom and David Groom both of Swampscott, MA. Groom Construction serves both the residential and commercial construction markets. Clients include national retailers (Best Buy, Home Depot), nonprofit organizations (YMCA, Salvation Army), local developers, and the Commonwealth of Massachusetts. Groom Construction has a history of adding jobs through reinvesting profits into the Company to diversify its services and increase revenue. Since 2000 the full time staff has increased by fifty direct employees and the Company has had a significant impact on local subcontractors and suppliers. With the down turn in the residential construction market and some leveling off the local commercial construction market, Groom Construction expects to build from its success with Best Buy and focus its expansion on national retailers.We are projecting the need for an additional eight construction positions in 2008. Groom Energy Solutions, LLC established in 2005 provides installation, service, and repair of energy efficient products to the commercial market. Groom Energy has added six new jobs in 2006 and it is expected to add additional sales positions and one administrative position with the increased space. Certified Project Application -- Page 3 7. is this business new to Massachusetts? Yes X No If no: • Where are the existing Massachusetts facilities? 324 Essex Street, Swampscott, MA 01907 • Will this project require/trigger the closing or consolidation of any Massachusetts facilities? If yes, please explain. No,all operations would be moved to Salem, MA and the current building would be sold or leased to a Company needing additional space to expand 8. Is this project an expansion of an existing business? X Yes No If yes, check the appropriate box: at existing location at new location in same municipality X at new location in different municipality 9. Job Creation In order to qualify for Certified Project Status, the governing statute and regulations require the creation of new, new, permanent full-time employees in Massachusetts. On the chart provided (see next page), please fill in the blanks provided. WORK FORCE ANALYSIS AND JOB CREATION PLAN New Jobs: CURRENT JOBS, if any to be TOTAL, New Jobs: New Jobs: New Jobs: New Jobs: New Jobs: Years 6-10 EMPLOYMENT relocated from Projected New Year One Year Two Year Three Year Four Year Five (2016) LEVEL another MA facility Permanent Jobs (2008) (2009) (2010) (2011) (2012) If Applicable Total Employees at Certified Project Facility in Mass. 74 0 50 8 8 4 4 4 22 Total Employees in Massachusetts at other sites. 0 0 0 0 0 0 0 0 0 # of Employees at Certified Project Location who live in the ETA of the Certified Project 10 0 25 4 4 2 2 1 2 11 # of Permanent Full- Time Employees 71 0 50 8 8 4 4 4 22 If of Permanent Part- Time Employees 3 0 3 3 1 3 3 3 3 3 # of Temporary Full- Time Employees 0 1 0 1 0 0 0 1 0 0 0 1 0 # of Temporary Part- Time Employees 0 0 0 0 0 0 0 0 0 JOBS BY CLASSIFICATION (List # of Jobs, and Average Wage/Salary. Please feel free to use your company's classification system) # of Management Positions 5 $100k+ 0 0 0 0 0 0 0 # of Professional Positions 13 $40k+ 3 1 0 0 0 0 1 # of Technical Positions 1 $25k (PPT) 0 0 0 0 0 0 0 # of Skilled Positions 43 $18 + per hour 37 5 5 3 3 3 16 # of Unskilled $10 - $18 per Positions 12 hour 10 2 3 1 1 1 5 Certified Project Application -- Page 5 10. Certification for Abandoned Buildings -- Does the proposed project involve the renovation and reuse of an abandoned building? X Yes No Unsure If yes or unused, please answer the following questions: (a) How long has the building been vacant? (If know, state date) Unknown (b) During this period of time, what percentage of the building was vacant and unused? If the percentage varied during this time period, provide information for each change in the percent of vacant space and the applicable time period. Unknown e 11. Local Employment -- What actions will you take to recruit employees from among residents of the ETA? Groom Construction will work with the Salem office of the Division of Employment and Training to target potential employees in the ETA with a background that would qualify them for open/new positions. Groom also hires employees without experience and trains them to fill open positions. We will also continue to recruit through the local newspapers. Provide any information, documentation, or studies which demonstrate that: (a) the business has the intention and capacity to achieve the anticipated level of new permanent full-time jobs for residents of the municipality/Economic Target Area; and Groom Construction has been selected to build the YMCA at Leggs Hill (within the ETA) and are also in the final stages of adding an additional national retail client. (b) taking into consideration existing economic conditions, the proposed project is likely to succeed in creating and retaining the anticipated level of new permanent full-time jobs for residents of the municipality/Economic Target Area. Groom Construction has a diverse business base and does not specialize in a single type of construction. Much of the work is done on a reoccurring basis (retail remodels) outside of Massachusetts. Certified Project Application -- Page 6 12. Affirmative Action -- Does the business have an Affirmative Action/Equal Employment Opportunity Plan or Statement? X Yes No If yes, please attach a copy. see Attached If no, describe the business' hiring policies and practices. 13. Agreement Between the Business and Area Banks -- Describe briefly the business' local banking relationship(s), if any. Does the institution with which the business banks participate in the Massachusetts Capital Access Program, which is designed to commit a portion of the business' deposits to fund loans to local businesses? Groom Construction has a banking relationship with Danversbank, One Conant Street, Danvers, MA Our contact is Frank Romano (978.646.0361).We have both deposit and loan accounts. The institution does not participate in the Massachusetts Capital Access Program. 14. Economic Benefits of Project Certification -- Provide a description of the economic benefits that are anticipated for the business and the project, if the project is certified. For example, describe the anticipated state and local tax benefits, municipal road or infrastructure improvements, assistance for local job training programs, the impact of local permit streamlining and other benefits anticipated if the project is certified. Also, provide any information, documentation or studies demonstrating any additional benefits (i.e., reduction of blight, reuse of abandoned buildings, clean up of contaminated property, job training, provision of day care, any contributions to the community etc.) likely to accrue to the area as a result of Certified Project designation. Groom Realty and Groom Construction are interested in local real estate tax incentives, the State's 5% Investment tax credit, and the State's 10%Abandoned Building Tax Deduction (if applicable). In addition to creating jobs, the completion of this project will create usable space in an abandoned building and help other small businesses (the dance studio, local contractors) by offering affordable spaces to run their businesses. Certified Project Application -- Page 7 SPECIAL REQUIREMENTS FOR REAL ESTATE PROJECTS 1. Will the business own or lease/rent the facility? X Own Lease/Rent If leasing/renting, please identify the developer/landlord, and state who will be the taxpayer of record for the purpose of paying local real estate taxes. Groom Realty LLC will own the property; Groom Construction Co, Inc will rent a significant portion of the facility. If owning, will the business fully occupy the space? Yes X No If no, does the business intend to lease/rent the remaining space? Yes 2. Describe how the various tax benefits and other economic incentives that will result from Certified Project designation will be allocated among the business(es) developing the project (i.e., a developer or landlord) and the business(es) intending to purchase, lease or rent space at the facility (i.e., tenant or tenants). Local real estate tax incentives will be allocated to Groom Realty; other benefits will be allocated based on financial contribution of Groom Realty and Groom Construction. SUPPLEMENTAL INFORMATION 1. Name(s) of the business(es) intending to take advantage of the state tax incentives: Business Name: Groom Realty LLC Federal Employer Identification #: 20-5045679 Address: 324 Essex Street Swampscott, MA 01907 Phone: 781.592.3135 Fax: 781.593.1480 Contact Person: Mark Bernato Type of Organization (check all which applies): Corporation For-Profit S-Corp Non-profit Business Trust X Partnership X General Partnership Limited Partnership Individual Level of Interest: X 5% Investment Tax Credit X 10% Abandoned Building Tax Deduction (if applicable) X Local real estate tax incentive beneficiary Certified Project Application -- Page 8 2nd Business Name (if applicable): Groom Constrution Co., Inc Federal Employer Identification #: 04-2866322 Address: 324 Essex Street Swampscott, MA 01907 Phone: 781.592.3135 Fax: 781.593.1480 Contact Person: Mark Bernato Type of Organization (check all which applies): X Corporation X For-Profit X S-Corp Non-profit Business Trust Partnership General Partnership Limited Partnership Individual Level of Interest: X 5% Investment Tax Credit X 10% Abandoned Building Tax Deduction (if applicable) X Local real estate tax incentive beneficiary ***If there are more than two businesses intending to take advantage of these state tax incentives associated with this project, please provide the above information for all such businesses. 2. A-- If a corporation, please list the names and addresses of the officers and directors of said corporation, and any person and/or corporation with a financial interest of five percent or greater in said corporation. B -- If a partnership, please list the names and addresses of all partners, and include the proportionate share owned by each partner. C -- If a business trust, please name all members and beneficiaries of said trust. Groom Realty, LLC Thomas Groom, Manager 6 Ingraham Terrace Swampscott, MA 01907 David Groom, Manager 32 Estabrook Road Swampscott, MA 01907 Groom Construction Co., Inc Thomas Groom, President 6 Ingraham Terrace Swampscott, MA 01907 David Groom, Treasurer 32 Estabrook Road Swampscott, MA 01907 A. Scott Faulkner, Secretary 41 Salem Street Swampscott, MA 01907 3. Please provide the name, address, phone number and contact person for any organizations Which may own or control the applicant organization, or who are affiliated with the applicant business organization. N/A Certified Project Application -- Page 9 4. Certificate of Good Standing -- Please provide proof of good tax standing in the Commonwealth of Massachusetts via a Certificate of Good Standing, which is a letter issued by the Massachusetts Department of Revenue. To obtain a Certificate of Good Standing, please see Attachment I of this application. Certificates of Good Standing attached llldl lll�lei ll�l lel ldd llid l ldl�dl ll�l lid llldl loll�l ddl ll�l ll�l�lel l��� MASSACHUSETTS DEPT. OF REVENUE PO BOX 7066 y BOSTON,MA 02204 ALAN LeBOVIDGE, COMMISSIONER ROBERT P. O'NEILL, BUREAU CHIEF Notice 80619 OP GROOM REALTY, LLC 2430 T/P ID 205 045 679 324 ESSEX ST Date 01/12/07 SWAMPSCOTT MA 01907-1212 Bureau CERTIFICATE CERTIFICATE OF-GOOD STANDING AND/OR TAX COMPLIANCE The Commissioner of Revenue certifies as of the above date, that the above named individual or entity is in compliance with its tax obligations payable under M.G.L. c. 62C, including corporation excise,-sales and use taxes, sales tax on meals, sales and use tax on Boats/RV, withholding taxes, room occupancy excise and personal income taxes, with the following exceptions. This Certificate certifies that individual taxpayers are in compliance with income tax obligations and any sales and use taxes, sales tax on meals, withholding taxes, and/or room occupancy taxes related to a sole proprietorship. Persons deemed responsible for the payment of these taxes on behalf of a corporation, partnership or other business entity may not use our automated process to obtain a Certificate. This Certificate does not certify that the entity's standing as to taxes such as unemployment insurance administered by agencies other than the Department of Revenue, or taxes under any other provisions of law. Taxpayers required to collect or remit the following taxes must submit a separate request to certify compliance: Alcoholic Beverage Excise, Cigarette Excise, International Fuels Tax.Agreement, Smokeless Tobacco or Ferry.Embarkation. THIS IS NOT A WAIVER OF LIEN ISSUED UNDER GENERAL LAWS, CHAPTER 62C, SECTION 52. Very truly yours, Robert O'Neill, Bureau Chief IIII�INIIIIIIII�IIIIIIIIIIIIINIIIIII�IIIIIIIINNII MASSACHUSETTS DEPT.OF REVENUE PO BOX 7010 BOSTON,MA 02204 3 ALAN LeBOVIDGE, COMMISSIONER TERESA O'BRIEWHORAN, DEPUTY COMMISSIONER Notice 80619 OP GROOM CONSTRUCTION CO INC 401C T/P ID 042 866 322 324 ESSEX ST Date 11/09/06 SWAMPSCOTT MA 01907-1212 Bureau CERTIFICATE CERTIFICATE OF GOOD STANDING AND/OR TAX COMPLIANCE The Commissioner of Revenue certifies as of the above date, that the above named individual or entity is in compliance with its tax obligations payable under M.G.L. c. 62C, including corporation excise, sales and use taxes, sales tax on meals, sales and use tax on Boats/RV, withholding taxes, room occupancy excise and personal income taxes, with the following exceptions. This Certificate certifies that individual taxpayers are in compliance with income tax obligations and any sales and use taxes, sales tax on meals, withholding taxes, and/or room occupancy . taxes related to a sole proprietorship. Persons deemed responsible for the payment of these taxes on behalf of a corporation, partnership or other business entity may not use our automated process to obtain a Certificate. This Certificate does not certify that the entity's standing as to taxes such as unemployment insurance administered by agencies other than the Department of Revenue, or taxes under any other provisions of law. Taxpayers required to collect or remit the following taxes must submit a separate request to certify compliance: Alcoholic Beverage Excise, Cigarette Excise, International Fuels Tax Agreement, Smokeless Tobacco or Ferry Embarkation. THIS IS NOT A WAIVER OF LIEN ISSUED UNDER GENERAL LAWS, CHAPTER 62C, SECTION 52. Very truly yours,, Robert O'Neill, Bureau Chief GROOM CONSTRUCTION CO., INC EQUAL OPPURTUNITY STATEMENT It is the policy of the Groom Construction Co, Inc. to provide for and promote equal employment opportunity in employment compensation and other terms and conditions of employment without discrimination based on age, race, creed, color, national origin, gender, sexual orientation, disability, marital status, Vietnam Era Veteran status, genetic predisposition, or carrier status. Groom Construction Co., Inc. is committed to assuring equal employment opportunity. It is our policy to provide reasonable accommodation to a qualified individual with a disability to enable such individual to perform the essential functions of the job which he/she is applying or in which he/she is employed. The policy applies to all employment practices and actions. It includes, but is not limited to, recruitment,job application process, examination and testing, hiring, training, disciplinary actions, rate of pay or other compensation, advancement, classification, transfer, reassignment and promotions. Due Diligence Letter Groom Construction Co, Inc. Groom Construction was established in 1979 by Tom and David Groom both of Swampscott, MA. The company serves both the residential and commercial construction markets. Clients include national retailers (Best Buy, Home Depot), nonprofit organizations (YMCA, Salvation Arany), local developers, and the Commonwealth of Massachusetts. Groom Construction has been located at 324 Essex Street, Swampscott, MA since 1984. The building has approximately 5,000 square feet of office/storage space and a small yard used for the storage of equipment and supplies used in the business. There is no off street parking. The company has experienced strong growth over the last five years and with the addition of a sister company (Groom Energy Solutions, LLC), it has become difficult to operate in the Essex Street space. Management has been actively looking for a new location since 2004 and was open to either building a new location or purchasing an existing one. Following are the general requirements of the new space: • Office space in range of 10-12,000 square feet • Off street parking to accommodate a minimum of twenty five vehicles • Contractor storage space in excess of 3-5,000 square feet • Salem/Swampscott location Management looked at several sites during the 2004-05 period, most that could not meet the company's general requirements. An offer was submitted for a property on Highland Avenue in Salem, MA in early 2006. After agreeing to terms with Groom Construction, the owner sold the property to another buyer. In June 2006, management completed a deal to purchase Unit 46 of the Salem Commerce Park located at 96 Swampscott Rd, Salem, MA. The property is currently being built-out to meet management's specifications. I, Thomas Groom, as a representative for both Groom Construction and Groom Realty LLC, hereby certify that this statement is true and accurate. 13 O � omas Groom Date GROOM CONSTRUCTION CO., INC. TIF Plan TAX INCREMENT FINANCING PLAN I. LOCATION A. Economic Opportunity Area (EOA): Salem EOA B. Municipality: City of Salem C. TIF Zone: i. Map Attachment A —General Location Map Attachment B —Land Use and Zoning Map Attachment C —Parcel Map (property lines, building footprint and all thoroughfares, public right of ways and easements) ii. Description (common and legal) Common Description The proposed TIF Zone is located at 96 Swampscott Road, Unit 6 in the Salem Economic Area (ECA). Legal Description That property situated in Salem in the County of Essex and Commonwealth of Massachusetts described as follows: 96 Swampscott Road, Salem, Massachusetts, Unit 6, described in the UNIT DEED dated June 13, 2006 and filed on June 16, 2006 with the Essex South Registry District of the Land Court as Document Number 468588. The Unit is located in SALEM COMMERCE PARK CONDOMINIUM created by Master Deed dated April 24, 2006 and filed on April 27, 2006 with the Essex South Registry District of the Land Court as Document Number 466707, and noted on Certificate of Title Number C-205000, as amended by the First Amendment to the Master Deed dated June 2, 2006 and filed on June 13, 2006 with said Registry District as Document Number 468416, and as further amended by the Second Amendment to the Master Deed dated August 1, 2006, and filed on August 4, 2006 with said Registry District as Document Number 470286, and by the Third Amendment to the Master Deed dated September 12, 2006 and filed on September 22, 2006 with said Registry District as Document Number 471780,in accordance with the provisions of G.L. c. 183A. The UNIT contains the AREA listed in the UNIT DEED and is laid out as shown on the plans filed with the Master Deed and to which is affixed a verified statement in the form provided for in G.L. c. 183A, Section 9. iii. Narrative description of TIF Zone, Needs, Problems, and Opportunities The TIF Zone is a 22,000 square foot unit within a 170,000 square foot building that was recently converted to commercial condominiums primarily geared toward smaller industrial and commercial users. Prior to the conversion, the 1 GROOM CONSTRUCTION CO., INC. TIF Plan building was vacant and deteriorating for over two years. It was difficult to find such a large commercial user for the space. The City worked with different state agencies to try to attract a company to the space without success. The conversion represented an innovative solution to redeveloping the building. The new condominium owners purchased essentially a large space with walls and were requited to invest their own funds in the build-out of their individual space. Groom Construction plans to invest$1,725,000 in the purchase and development of the unit. The conversion of the building and the investment the new condominium owners,including Groom Construction Co., Inc., creates an opportunity for investment into this industrial corridor of the City and generates more tax dollars, as well as,increased jobs. iv. Property Owners within the proposed zone Thomas and David Groom Groom Realty, LLC (RE Holding Company), 324 Essex Street, Swampscott, MA 01970 II. TIME—DURATION OF TIF PLAN AND ZONE DESIGNATION 5 years III.TIF ZONE & ECONOMIC DEVELOPMENT A. Discuss how TIF Zone is poised to create new economic development opportunities The designation of this property as a TIP Zone will create a number of new economic development opportunities. Groom Construction is investing in a building that has been vacant and deteriorating for over two years. The conversion of the property and interest by companies,like Groom Construction, led to the redevelopment of this building and will most likely open up opportunities for future development around the site. The City believes that this project will attract interest in Salem,particularly in the Swampscott Road area, as a competitive location for business. If approved, this TIF Plan will demonstrate that the City can and will offer economic development tools to attract business. Success here will invite interest of firms located outside of the City,with an emphasis on smaller commercial and industrial businesses, such as Groom Construction. B. Discuss how TIF Zone will result in a net economic benefit to the local municipality Approving the proposed TIF zone-,vill result in the following net economic benefit to the City of Salem: • Generation of$30,539 in ultimate annual tax revenue. An increase of 61% over the current base value. 2 GROOM CONSTRUCTION CO., INC. TIF Plan • Relocation of 71 existing permanent full-time jobs to Salem. • Creation of at least 28 permanent full-time jobs in Salem over the next 5 years. Projection of creating 22 additional permanent full-time jobs in the next 10 years. • Job training for entry-level employees. • Assistance in revitalizing part of a formally abandoned, deteriorating structure. C. Analysis of proposed and potential land uses The project includes the purchase and build-out of approximately 22,000 square feet of space in a 170,000 commercial condominium building. Groom Construction is moving all of their operations to the space. D. Zoning in TIF Zone Business Park Development (BPD) E. Identify any parcels, public or private, in zone which are confirmed hazardous waste disposal sites,in accordance with Chapter 21 E, MGL N/A F. Analysis of how the land uses are appropriated for anticipated economic development The redevelopment and reuse of 96 Swampscott Road presented a challenge due to the size of the building. It was tough to recruit a company to locate to such a large building with limited highway access. The developer who eventually purchased the abandoned building in early 2006 realized the need for commercial and industrial space for companies looking for under 35,000 square feet of space. They divided the space up based on need and created commercial condominiums. The overall project has been very successful. Groom Construction is a perfect fit both for the land use and as a part of continued economic development and growth in the city. G. Discuss proximity of TIF Zone to mass transit and to major rail, highway, or other modes of transportation for shipping and delivery The TIF Zone is located approximately a half mile from Route 107/Highland Avenue, a four-lane thoroughfare that connects Salem to Boston. Boston's Logan Airport is only 13 miles south of the site and can be reached via Route 107. The site is approximately 4 miles from Route 1-95 and 6 miles to Route 1. Public transportation is also available along Route 107/Highland Ave by the Massachusetts Bay Transportation Authority (MBTA) buses. The MBTA buses 3 GROOM CONSTRUCTION CO., INC. TIF Plan provide service daily between the Salem Commuter Rail Station and Haymarket in downtown Boston. The site is located approximately 3.3 miles from the Salem MBTA Commuter Rail Station, which provides service into Boston's North Station in 30 minutes. H. Identify principal commercial and industrial tenants within the TIF Zone Groom Construction will move all of their operations,including their related company, Groom Energy Solutions,LLC, to the unit. They also plan to lease part of the completed space to a local dance studio and a few smaller contractors. IV.TIF ZONE PROJECTS A. Private Projects 1. Proposed Groom Realty LLC purchased and is renovating approximately 22,000 square feet of space in a 170,000 square foot commercial condominium building (former Atlantic Extrusions). Groom Construction will be relocating from Swampscott, which will allow the company to move all of their operations, including their related company, Groom Energy Solutions,LLC, to Salem. They also plan to lease part of the completed space to a local dance studio and a few smaller contractors. 2. Planned See above 3. Provide documentary evidence of the level of the developer's commitment to construction proposed &required in the TIF project. The company has purchased the unit (unit deed Attachment D) and secured funding commitments (see Attachments E) to construct the project (project budget Attachment F); construction plans have been completed (see Attachments G); and a percentage of the build-out for the project has begun. 4. Budget for proposed project expenditures with supporting data. See Attachment F. 5. Architectural, plans, specs, engineering reports. See Attachment G. 4 GROOM CONSTRUCTION CO., INC. TIF Plan 6. Letters of commitment from local lending institutions See Attachment D. 7. Participation in other federal, state and local Economic development programs and initiatives None outside of the EDIP program. 8. Relevant business plans a. Time schedules for development Unitprrcbase:June 2006 Build out.-June 2006 -July 2007 Partial move-in:March 2007 Full occupancy estimated:July 2007 b. Returns on investment The company is anticipating expanding and growing the business in the new location. c. Expected Increases in Job Creation The expected job growth is 28 full-time permanent jobs in five years. d. Estimated tax revenues based upon increased valuation of the parcel The base value of the condominium is $889,672,which is an apportioned value of the entire building at 96 Swampscott Road. The base tax bill is $18,977. The total value of the property after the renovation is projected to be $1,368,750,which is based on 95% of the purchase price plus 50% of the cost of real estate improvements. The increment in value is $479,078. At the end of the TIF Plan the project will generate $30,539 in annual tax revenue. This represents an increase of 61% in tax revenue over the current base value. B. Public Projects 1. Proposed—N/A 2. Planned—N/A 3. Budget for proposed project expenditures supporting data—N/A 5 GROOM CONSTRUCTION CO., INC. TIF Plan V. FINANCING FOR TIF ZONE PROJECTS A. Anticipated Financing for Private Projects 1. Sources and Amounts for Proposed Projects The company has self-financed all the costs of acquiring and renovating the property. See attached funding commitments (Attachment D). 2. Sources and Amounts for PlannedJ Pro ects See above B. Anticipated Financing for Public Projects N/A C. Detailed projection of costs of public construction N/A D. Will betterment be used to finance any public-private projects, now or within the proposed life of the TIF plan? No betterment will be used. E. If betterment or Special Assessments are part of the TIP Plan N/A F. Describe how private projects will be financed 1. Evidence of private financing commitments See Attachment D (funding commitment letters) 2. Material assumption and requirements See Attachment D (funding commitment letters) and Attachment F (budget for proposed project) VI.TAX INCREMENT FINANCING A. Authorization to use TIF The attached City Council Resolution dated March 9, 1995 authorizes the City of Salem to use TIF in the Salem ECA (Attachment H). The City Council will vote on 6 GROOM CONSTRUCTION CO., INC. TIF Plan the Resolution authorizing the use of the TIF Plan for Groom Construction on March 22, 2007 and the resolution will be forwarded when executed. B. Amount of proposed tax increment exemptions from property taxes, and applicable criteria The attached spreadsheet (Attachment I) shows that the City estimates the tax benefit to total approximately $22,083 over five years. C. Maximum percentage of public project costs that can be recovered through betterment or special assessments in lieu of the incremental real estate taxes N/A D. TIF Exemption from property taxes 1. Term of exemption: 5 years 2. Calculation The base value of the condominium is $889,672,which is an apportioned value of the entire building at 96 Swampscott Road. The base tax bill is $18,977. The total value of the property after the renovation is projected to be $1,368,750, which is based on 95% of the purchase price plus 50% of the cost of real estate improvements. The increment in value is $479,078. The exemption plan works as follows: YEAR COMPANY PAYS 1 20% of increment,plus base tax 2 40% of increment,plus base tax 3 60% of increment,plus base tax 4 80% of increment, plus base tax 5 90% of increment, plus base tax 6 Taxed at full value E. Effective date of tax increment exemption July 1, 2007 (Fiscal Year 2008) F. Betterment of special assessments N/A 7 GROOM CONSTRUCTION CO., INC. TIF Plan VII. APPROVAL OF TAX INCREMENT FINANCING PROJECTS A. Approval Process The City Council was presented with the TIF Plans and corresponding resolutions on February 22, 2007. The Council referred the matter to a Committee that is meeting on Match 19, 2007 to discuss the project. The Council is anticipated to approve the two resolutions accepting the Certified Project Application for the project and allowing the Mayor to enter into a TIF Agreement with the company at their meeting on Match 22, 2007. The project will then require approval by the SACC, which is slated to meet to discuss the project on March 29, 2007. B. Person or Board authorized to execute TIF Agreements The Mayor executes the TIF Agreement, upon approval from the City Council. C. Evidence of local approvals of TIF zone Pending City Council approval on March 22, 2007. See Attachment J. D. Evidence of local approvals of TIP plan Pending City Council approval on March 22, 2007. See Attachment K. E. Executed TIF agreements (any and all) Pending City Council approval on Match 22, 2007. See Attachment L. F. EACC approval of TIF plan Pending EACC approval on March 29, 2007. 8 ATTACHMENT A General Location Map LOCATION MAP OF GROOM CONSTRUCTION BEVERLY 96 SWAMPSCOTT ROAD DANVERS UNIT #6 SALEM, MA r C,A t PEABODY ° Ci A �1 to SALEM In ,gl � p f CITY OF SALEM A pmbeftrley OAxall o no 1,500 a,OOo Feb LYNN « MARBLEHEAD Map Veatetl bYSalemGIS aRO Appimal Geographic,February RW UFOR PLANNING PURPOSES ONLY �4 DATASOCIN a Rmhom tls City afb�em SWAMPSCO7T r RO Mane aM VtlnM1om M.aOs O 93 Swn(ealt Rtl O 6xMCxn 59em O g1Y Sbeab - RT 1 —1.M0TAC- anmWer Ral BEVERLYAND SALEMI RL� i I� JYP ECONOMIC TARGET AREA al �1 :.,rt.oat i _. ar x\ f%:; -.J; °•-•f !°ah, '? t,P'� {.,^I id �itL ,: -�L`y' A. I� dV'•, j L tz � � '�-- ul s 'rim s� a 3� a'�r �`� t !°' r .' t- I 1 H s"'p H4.� {.t (i+r"i. + '{ ti i'kl�i ',�! n` :v t,' n:-T ., H. I POP,- 1i 'j` °'" r _ ! k ` wx.r L i �Fi W. LIM X, CITY OF SALEM ;. saaaun A. f { Phi 1 onm + t2 t tl& lr �i i ws ' Mimbaner or.00ll K In 6 dl # t. tali s'r� tli iis` if 9 ,1 3 r { 'Si f'°,d o i z a �. �taeou _ w ��� ....aw ` .atom vSrw; A )4� r,"" ! T { r `fH.�G s i ,I i '. `y S' Map createtl hi S,February and '4.'- ?�-F`j�' L Yr��z� 3�{,r r�3d' t ,t� � I j ...�Sry��, Ia{'a',N3 j gpplleE Geographic,Feb+uary 2007 3� �W* �ia , �,'ilt l{„. FOR PLANNING PURPOSES ONLY ” i 2,{{.X ,. �k�� 6 ry PLvr {O li A.. OATASOURCES: m ,{ v{-r ` i-14. R E fro Cb NSalem u L ' ns*'h +'"la{�.tk r s �T r `� ! r Eeu m aam wa{ato-em Massels i 3mvt r°tr 'G i. NO Economic T M II ry -H �" �Emmx County Tomes- Vl 2j�r ,:., -PY ATTACHMENT B Land Use and Zoning Map TAX INCREMENT FINANCING ZONE ZONING MAP ,+ Residential , �+ Highway GROOM CONSTRUCTION �# ; ,ar I, �yP° 96 SWAMPSCOTT ROAD UNIT #6 29 SALEM, MA 517 . , Highway 1 n $Its. IrS V ry�AN rim d Residential III �O Family; Business Residential Park Multi- Development J� Family q Residential One Family CITY OF +SALEM MZYnrP CCESS.f�'° gmbedry Odawll `- 0 ea tm 1--r- --r-F�ti'"ey Nap createdby S�lemGIS and Applied Gepgnpbl6,February 3007 FOR PLANNING PURPOSES ONLY DATA SOIIRLES: Rmda trap Gtyal Sabm .t T BanEmies mld Ybh M1om MmsG15 Zpnmp Oeaignabpn ■■ E=Rn ..l Om Famly ■� �9wanpatl RO Panel O RatleMlvn% �. ® aAMB OMrme auvieo A .. � �� pl,d�aal 0' Industrial ; F.asnnvt lvm lLrsow.�PaM1Ceary vE ATTACHMENT C Parcel Map (property lines, building footprint and all thoroughfares, public right of ways and easements) a TAX INCREMENT FINANCING ZONE ' '• Ham" � - " GROOM CONSTRUCTION Few 96 SWAMPSCOTT ROAD X49 UNIT #6 SALEM, MA Ir 0 UIX, , aa Ic rg rl a it Iiµ � '''�, �� 4. *• '.F � �,,�s.,� , �-.. A� Sp� �y .,t'. �.fyfi sl . � � � ~ 'ay ggq���99q ,�9��'�,`(��� *�,•,j��j ' 3 v' .R 4 • tF �. A{ •,� �_ Yom. � � �� vy,. ��.' `, ��1��,1��' tiy � '^L`w 1�T '� � 'vw F, AV CITY OF SALEM2rk I, y�+ Mara. , yy CCE r.j lUmberler Driscoll 0 95 IN aeo (� ' �� •� � `,� "y\. 't F—•—•--•Mn•--�•-1 aL.�.lj // WYE .. � `f� �Y 1 \,�• �� a �S�a y 4 y.. nap veatea by SalemGSS and '*rY• ���. ' " Applied!Ge i fd,mar, FOR ANING URPOS5 ONLY WTFSOIIRCES RN&0bnn Olyol6a6m • - �� i+4 rrll J'9`�1I q �('� T BauMari®eM N@br(mmmC s ■F msaamvo.mn Ra Pant �.� ,! A At fi � .k„'` jot, ATTACHMENT D Unit Deed DOGU 41ENT NO. a4FY SALEM COMMERCE PARK CONDOMINIUM UNIT DEED GRANTOR: 96 Swampscott Road, LLC, a Massachusetts limited liability company, having an address at 5 Corn Point Road, Marblehead, MA 01945 GRANTEE: Groom Realty LLC, a Massachusetts limited liability company, having an address at 324 Essex Street, Swampscott, MA 01907 UNIT: 6 0 r PERCENTAGE INTEREST: 13.1 r AREA: 21,870 sq. ft. - U N 2 PARKING SPACES: 77 through 85, 86 through 95, and 98 through 113 UNIT POST OFFICE ADDRESS: 96 Swampscott Road, Salem, Massachusetts 01970 ti CONSIDERATION: $1,125,000.00 0 U 6 GRANTOR, owner of the UNIT described above in SALEM COMMERCE PARK CONDOMINIUM created by Master Deed dated April 24, 2006, and filed on April 27, 2006 a with the Essex South Registry District of the Land Court as Document Number 466707, and noted on Certificate of Title Number C-205000, as amended by the First Amendment to the -8 Master Deed dated June 2, 2006, and filed on June 13, 2006, with said Registry District as Document Number 468416, in accordance with the provisions of G.L. c. 183A, grants the UNIT described above to GRANTEE with QUITCLAIM COVENANTS for the CONSIDERATION stated above. The UNIT contains the AREA listed above and is laid out as shown on a plan filed herewith, which is a copy of a portion of the plans filed with the Master Deed and to which is affixed a verified statement in the form provided for in G.L. c. 183A, Section 9. The UNIT is conveyed together with the above-listed PERCENTAGE INTEREST (a) in the common areas and facilities of the Condominium, as described in the Master Deed, and (b) in SALEM COMMERCE PARK CONDOMINIUM TRUST, under Declaration of Trust dated April 24, 2006, and filed with the Essex South Registry District of the Land Court as Document Number 466708 and noted on Certificate of Title Number C-205000. The UNIT is to be used in accordance with the Master Deed only for commercial purposes to the extent permitted from time to time under the Zoning Ordinance of the City of Salem (the "Zoning o(.u..t - Cb� 4 OWED FOR RE61 BI II I II I I II I II I Ilil I I B��,1:COURT. 468688 (0206 000+) Stch:202395 Southern Eetex District Reelatry 6/16/2008 11:34 AM WEED 0'D(S� �'. U/�` ¢)1 Law"), including all special permits and variances granted thereunder, and for no other purpose. No Unit shall be used for the storage of hazardous materials of any kind except in accordance with all applicable laws and regulations. The UNIT is conveyed together with the right and easement to the exclusive use of the thirty-five (35) numbered PARKING SPACES stated above and shown on the Site Plan recorded with the Master Deed, for the purpose of parking legally registered cars and trucks in regular use by Unit Owners, their employees, customers, visitors, guests and invitees during the existence of the Condominium. Such parking rights may be transferred,but only among the Unit Owners or to the Condominium Trust, by instrument duly filed in the Registry District, and shall end upon the permanent withdrawal of the premises from condominium status. Such parking rights shall be subject to the provisions and limitations set forth in section 5.1 of the Master Deed. Any transfer of a parking space to other than the Condominium Trustees or a Unit Owner, or lease of a parking space to other than the Condominium Trustees or a Unit Owner, in each case shall be void. The GRANTEE acquires the UNIT with the benefit of, and subject to, the provisions of G.L. c. 183A, relating to condominiums, as that statute is written as of the date hereof and as it may hereafter be amended, the Master Deed and Condominium Trust referred to above and any by- laws and rules and regulations from time to time adopted thereunder, and all matters of record stated or referred to in the Master Deed as completely as if each were fully set forth herein; and subject to real estate taxes attributable to the UNIT which are not yet due and payable. EXECUTED UNDER SEAL this la day of June, 2006. 96 SWAMPSCOTT ROAD, LLC By: a = o a J. Hil oc tt, Jr., Manager 0 C3 = a By� ii K7 Jo- h M. Thibert, MaAager In � 1 1 11 P II I�IIII� � o U1 y ti .o II III IIIIIII / _ _ Q O O 466586 (Page 2 0! s) Southern Eeeex Diatr tat Registry 6/1612006 11:34 RM UDEED THE COMMONWEALTH OF MASSACHUSETTS C Ssc.n suffbi c, ss. On this 13"'day ofC 2006,before me, the undersigned notary public, personally appeared Tem,', �, fi,,t,��h , Manager as aforesaid, proved to me through satisfactory evidence of identification, which was ❑ photographic identification with signature iisssueo by a federal or state governmental agency, ❑ oath or affirmation of a credible witness, LTJ personal knowledge of the undersigned, to be the person whose name is signed on the preceding or attached document, and acknowledged to me that he signed it voluntarily for its stated purpose as Manager of 96 Swampscott Road, LLC, a Massachusetts li ' d liability company. k,2oi3 No Pub ' My commission expires: P�fFIN NAM...'74' oi 1 � a I i ` Ilk 40 i 488588 (Page 3 of 5) ji Southern Essex District RegistrY 5/18/2008 11:34 RM UDEED T 0 rco ..«w LIN IT#4 mai o« UNir#3 F.#6 LUN� 11JR#2 c s UNfr#8 LNfr#1 mr� m BULDING KEY PLAN LEGEND AND NOTES 109 ® DEPICTS COMMON AREA �\StE(LED ARCy�T DEPICTS UNIT BOUNDARY G UNTT w ¢�, v���M 0. yG � 4421,870 GSF DEPICTS MAIN ENTRANCE s 3� Ma. 3386 0 VARBLEHEAO, SQUARE FOOTAGES SHOWN ARE APPROXIMATE, o MAss. ROUNDED TO THE NEAREST WHOLE. a UNIT#8 OF MNSSlLQ UNIT#6,PLAN CERnFirATION $ I HEREBY CERTFY THATTHIS'PLAM.WAS'PREPARED N CONFORMITY WITH THE RULES AND REGULATIONS OF THE REGISIPY OF DEEDS OF THE COMMONWEALTH OF MASSACHUSETTS. 3 - G I HEREBY CERTIFY THAT' S PLAN SHOWS THE UIlFrDESiGNATION OF�THE UNIT BEING CONVEYED AND OF IMMEDIATE ADJbNNG LmTs,ANOTHA•T IT FULLY AND ACCURATELY DEPICTS THE LAYOUT OF THE UNIT,ITSLOCATICM, DIMENSIONS,APPROXIMATE AFIM MAIN ENTRANCE AND IMMEDIATE COMMON AREA TORdi"rrHAS C l S BUILT. db. 07. 0 6 William A.Yuhas, R ' tered Architect Date: UNIT#7 UNIT PLAN FOR UNIT #6 SALEM COMMERCE PARK CONDOMINIUM 96 SWAMPSCOTT ROAD,SALEM,MA 01970 0 1s 30 60 DATE: Ja 6,2005 Pegs 1 of 1 i � U �I vI 00 I� L. ) 00 O CA O C O fD ` U �J LU � O LU 0 j - W W� v _ O J ut Q 468688 (Paps 5 01 6) Southern Egcax Dis trlct Ra9lstrY \ 6/18/2008 11:34 AM UOEEO , ATTACHMENT E Funding Commitments MAR-12-2007 MON 11 :29 AM DANVERSBANK FAX NO. 9787770638 P. 01 ®� D anve 1 V IL/ an k, Vi:�ii� Olflee: One ScrecL D;vrvers,A1A 01923 4iN-777-22777-3300 • wgw.dnmcrsluutl<.a�m May 26,2006 Mr.Thomas Groom David Groom Groom Construction Co., Inc. Swampscott, MA 01907 Dear Tom and Dave: We are pleased to advise you that Danversbank(the Bank)has approved the following financing arrangement for Groom Construction Co., Inc.,and a yet to be named real estate entity(the Borrower) subject to the following terms and conditions: Commercial Real Estate Morteaee Borrower: Nominee entity Amount: $1,900,000 Purpose: Finance the acquisition of commercial condominium unit 46 located at 96 Swampscott Road, Salem, MA and provide funds to build out the facility according to specifications together with your investment of$1,200,000 to finish the new facility. Term: Term of the construction period will be the earlier of 6 months from closing or completion of construction. Mortgage term will not exceed 20 1/2 years from the date of closing. Principal payments will begin immediately following construction period and will be amortized over 20 years. Repayment: Monthly payments during the construction term will be of interest only for the first 6 months then followed by monthly payments of principal and interest for the mortgage term. Rate: Fixed at time of closing to the Federal Home Loan Bank 5/20 amortizing advance rate plus 200 basis points for the first 5 1/2 years followed by three subsequent five-year adjustments to the then Federal Home Loan Bank 5/20 amortizing advance rate plus 200 basis points. Advances: The Bank will advance 80% of the acquisition price at closing and will make construction advances based on an approved budget to be submitted by the Borrower, 6S well as terms outlined in the Construction Loan Agreement to be delivered at a later date. MAR-12-2007 MON 11 ;30 AM DANVERSBANK FAX N0, 9787770638 P. 02 Prepayment: The following prepayment penalty will apply only if the loan is paid out by another financial institution: Payments will be applied in inverse order of maturity; l —3%of the loan balance; years 2—2% of the loan balance; year 3 — 1% of the loan balance; years 4— 1% of the loan balance; and year 5 - 1% of the balance,recurring at each subsequent rate adjustment period. Underwriting: The above commercial loan shall conform to the Bank's underwriting criteria at the time of closing, including the satisfactory review of 21E and real estate appraisals. Maximum loan to value of"as completed" value of the property shall not exceed 80%. Collateral: Valid first mortgage and assignment of leases and rents on unit #6 at 96 Swampscott Road, Salem,MA containing approximately 31,400 square feet. Guarantor: Thomas Groom, David Groom and Groom Construction Co., Inc. Appraisal: At the Borrower's expense,an appraisal of the collateral to be pledged as security will be performed before closing to determine the market value of the property on an "as is"and an"as to be completed" basis. Surveys: At the Borrower's expense, 21 E Hazardous Waste Site Assessment Report will be submitted before closing satisfactory to the Bank and Bank's counsel, indicating that the site is free from hazardous waste. Zoning and Other Matters: The Bank shall be provided with proper evidence acceptable to Bank's counsel that the buildings on the Mortgaged Premises comply in all material respects with all applicable building, sewerage, zoning, environmental protection, sanitary and safety laws,rules and regulations. Title and Documents: The Borrower shall execute all such documents, agreements or other instruments as the Bank or Bank's counsel shall request in conjunction with this transaction each in form and substance satisfactory to Bank and Bank's counsel. The Bank is to be furnished with a title insurance policy on mortgage properties in the amount of the Bond containing no exceptions (other than those approved by the Bank and counsel to the Bank) in a company or companies acceptable to the Bank and Bank's counsel. Insurance: Borrower shall provide Bank with liability, hazard and contents insurance in an aggregate sum equal to the lesser of the outstanding loan balances from time to time or the maximum insurable value thereof,naming Bank as loss payee and mortgagee as the case may be. Flood Insurance: The Borrower authorizes the Bank to research whether or not the Mortgage Premises is located in the HUD-FHA designated flood area. If the determination has been made that the Mortgaged Premises is located in the HUD-FHA designated flood area,the Mortgaged Premises must be insured by a flood insurance policy in the amount of the Loan, or the maximum coverage limit, whichever is less. Borrower agrees to pay flood certification fees of$12. 2 MAR-12-2007 MON 11 :30 AM DANVERSBANK FAX NO, 9787770638 P. 03 Legal Fees: The borrower will be responsible for all legal fees associated with this arrangement. Late Charge: The Borrower shall pay a late charge equal to five (5.00%) percent of any payment with a minimum late charge of $35. for any payment not received within ten(10)days of the due date thereof. Tax Escrow and Fee: At Bank's option,the Borrower shall deposit with Bank monthly such amounts as may be necessary to pay the real estate taxes assessed or estimated with respect to Swampscott Rd on a current basis. The Borrower agrees to pay a tax service escrow fee of$235 at closing whether or not the Lender actually collects such an escrow since the service provides the Bank with periodic reports relative to property tax status. Opinion of Counsel: There shall be furnished to Bank an opinion of counsel to the Borrower dealing with such matters as the Bank or Bank's counsel may request relating to the Borrower,the loan documents,and the various terms and conditions provided herein. Such opinion shall be in form and substance satisfactory to Bank and Bank's counsel. Conditions Precedent: Unless otherwise indicated,the conditions provided for herein are conditions precedent to the Bank's obligation to enter into the Loan transactions and disburse any funds thereunder. In order to facilitate the Bank's review of the material necessary to evidence the compliance with such conditions, the Borrower agrees to deliver any and all material required hereunder to Bank or Bank's counsel at least ten(10)days before the closing. Costs: Whether or not the transaction herein contemplated is completed for any reason whatsoever,the Borrower will pay all costs which may be incurred by Bank in connection with the within transaction, including without limitation, all costs of filing fees and fees of Bank's counsel, so that Lender shall bear no expenses whatsoever in connection with this commitment and the Loans contemplated hereby. In the event that Bank is made or becomes a party to any litigation arising out of this commitment,Borrower agrees to pay Bank's court costs and attorneys' fees in connection with such litigation through and including the cost of any appeals; provided, however, in the event such litigation is between the Borrower and the Bank, the Borrower shall have no obligation to pay said costs incurred by the Lender if there is a final judicial determination in favor of the Borrower. In any such litigation,Bank shall have the right to select its own counsel. The obligations of the Borrower under this paragraph shall survive the expiration,cancellation or termination of this commitment, and the closing of the Loans. Scope of Commitment: This commitment sets forth the entire agreement of the parties with respect to the subject matter hereunder, and supersedes all prior written (including, but not limited to,any loan application executed in connection with the Loans)or oral understandings with respect hereto; provided, however,that all representations, warranties and certifications in any manner made by Borrower to the Bank with respect to the subject matter hereunder shall survive the execution of this commitment. No modification or waiver of any provision of this commitment 3 MAR-12-2007 MON 11 31 AM DANVERSBANK FAX NO. 9787770638 P. 04 shall be effective unless the same shall be in writing and signed by the parties hereto. This proposal is further subject to the following: 1.Reporting: The Borrower and Guarantors shall be required to provide financial information on an annual basis including financial statements and tax returns prepared by an independent certified public accountant acceptable to the Bank within ninety(90) days after the close of each fiscal year. 2. Covenants: While the credit arrangements remain in effect,the Borrower will be required to maintain the following: a. Borrower to maintain its primary deposit relationship with the Bank. b. Maintain a minimum global debt service coverage ratio of 1.25xas measured at FYE. 3. Insurance: The Borrower shall maintain in effect at their own expense all hazard insurance required by the Bank with the Bank named as loss payee. Tom and Dave,we are pleased to provide this financing arrangement and I personally look forward to working with you both. If the above commitment meets with your approval please sign where appropriate and return the original to me. Yours ry trul 7 Frank P. Roma Senior Vice esident This signature page is an integral part of the commitment letter dated May 16,2006. Agreed to and accepted this day of 12006. Thomas Groom David Groom 9 ATTACHMENT F Project Budget APPLICATION AND CERTIFICATION FOR PAYMENT AIA DOCUMENT c702 PAGE ONE OF PAGES TO OWNER: GROOM REALTY LLC PROJECT: 96 Swampscott Rd APPLICATION NO: Distribution to: 324 Essex Street =OWNER Swampscott,MA 01907 =DANVERS BANK PERIOD TO: FROM CONTRACTOR: VIA ARCHITECT: D Groom Construction Co.,Inc. 324 Essex Street PROJECT NOS: Swampscott,MA 01907 CONTRACT FOR: CONTRACT DATE: CONTRACTOR'S APPLICATION FOR PAYMENT The undersigned Contractor certifies that to the best ofthe Contractors knowledge, Application is made for payment,as shown below,in connection with the Contract. information and belief the Work covered by this Application for Payment has been Continuation Sheet,AIA Document G703,is attached. completed in accordance with the Contract Documents,that all amounts have been paid by the Contractor for Work for which previous Certificates for Payment were issued and payments received from the Owner,and that current payment shown herein is now due. 1. ORIGINAL CONTRACT SUM $ 724,000.00 2. ADDITIONAL FUNDS $ 0.00 CONTRACTOR: Groom Construction Co.,Inc. 3. CONTRACT SUM TO DATE(Line I t 2) $ 724,000.00 _ 4. TOTAL COMPLETED&STORED TO $ 0.00 DATE (Column G on G703) By: Date: 5. RETAINAGE: a. %of 50%Completed Work $ State of: County of: (Column D+E on G703) Subscribed and sworn to before me this day of b. %of Balance of Contract $ Notary Public: (Column F on G703) My Commission expires: Total Retainage(Lines 5a+5b or Total in Column 1 of G703) $ 0.00 PAYMENTT'S CERTIFICATE FOR 6. TOTAL EARNED LESS RETAINAGE $ 0.00 In accordance with the Contract Documents,based on on-site observations and the data (Line 4 Less Line 5 Total) comprising the application,the Architect certifies to the Owner that to the best of the 7. LESS PREVIOUS CERTIFICATES FOR Architect's knowledge,information and belief the Work has progressed as indicated, PAYMENT(Line 6 from prior Certificate) $ $0.00 the quality of the Work is in accordance with the Contract Documents,and the Contractor 8. CURRENT PAYMENT DUE $ 0.00 is entitled to payment of the AMOUNT CERTIFIED. 9. BALANCE TO FINISH,INCLUDING RETAINAGE $ 0.00 (Line 3 less Line 6) AMOUNT CERTIFIED...........$ CHANGE ORDER SUMMARY ADDITIONS DEDUCTIONS (Attach explanation ifamount certified differsfrom the amount applied.Initial all figures on this Total changes approved Application and onthe Continuation Sheet that are changed to conform with the amount certified.) in previous months by Owner ARCHITECT: Total approved this Month By: Date: TOTALS _ $0.00 $0.00 This Certificate is not negotiable. The AMOUNT CERTIFIED is payable only to the Contractor named herem.Issuance,payment and acceptance of payment are without NET CHANGES by Change Order $0.00 prejudice to any rights of the Owner or Contractor under this Contract. AIADOCUMENTG700.APPLICATION ANDCERTIFICATION FOR PAYMENT 1880EDITION-AL1.01883 THE AMERICAN INSTITUTE OFARCHITECTS,1735 NEWYORK AVE..N.W.WASHINGTON,DC 000065393 Users may obtain validation of this document by requesting a completed AIA Document D401 -Certification of Document's Authenticity from the Licensee. CONTINUATION SHEET AIA DOCUMENT G703 PAGE OF PAGES MA APPLICATION NO: notebulati nsbelow,amoumson i atta hed the neart G702,APPLICATION AND est FOR PAYMENT,containing _ ..- - _ -- APPLICA PERIOD TO:-ION '��, 02/28107�i- _. _ st dollar. I ARCHITECTS PROJECT NO. Use Column I on Contracts where variable retainage for line items may apply_ - __ A B D E F G ITEM DESCRIPTION OF WORK S_C_HEDULED _ WORK COMPLETED MATERIALS TOTAL % BALANCE RETAINAGE - '-- - VALUE FROM PREVIOUS THISPERIOD PRESENTLY COMPLETED (GSC) REMAINING NO. _ . ..__8110--ED _._ . .._ ----- -- - '- -- -'- "------"'-"-"' - RAND STORED ON BUDGET _ _ .. __-_ -_ _ .... - --" -.INVOICES - __— - -- --- ---- --- OT IN TO DATE -._....- (D*E+F). . m-999 Internal Labor 40,000 0 U 0. _ - _-- - �- - -- ---- - --- - - -- _--- 06300 Carpentry Labor&Materials 15,000 U 0 08 200 Interior Doors&Windows 33,000 0 0 0 09_061 D wall&Plaster 184000 0 __--_ 0 -- -- " ------- ✓ 09-300 Fluorin 20A0p 0 _0_ 0 _ 0 0 o94Po Painting 15.000 0 .__._ 0._ o9-5oo Acoustical Ceilings33,000 _ --- ---- "-_-"- 14-020 Elevator 48,000 -__ 0 - _ 15-010 Plumbin6_-_ - 0 0 _...___ _.___.._. __. _ 31 000 __—.� _.--.-_ _--- __- - -.-_. - iszao HVAC116000 _-0 --- --- - - � -- -�"-- --- - 0 0 lsaoo Sprinklers stem 37000 0 ._-_ � __ ------ ---- -- 0 t6-ioo Electrical 000 0 ss - --- --- o4-Poo Masonry 22,000 0 0 0 05-100 Struct73000nl Steei 0 0 - GRAND TOTALS $725,000 $o so $o _ - So so so _ Users may obtain validation of this document by requesting of the license a completed AIA Document D401 -Certification of Document's Authenticity ATTACHMENT G Construction Plans N STORAGE d " : �•:".°' P ItivN BIM P wsWtwsr _Q* 8 ) m • '', I LOOE11 ELfeeaK - .wr. r o4N LUNCH GYM mau uvtw 0746M6 RDOM y coRRooe LEASE WAREHOUSE WOIENLY : F u P I N I 3 _ Ol__ STUDIOS &u� TicartronFBR O a - �„�.. ,.., oRoou mNemwrcxco - STUDIOA OFFICE •� ,•,,•-1 GROOM ,F, CONE O CONSTRUCTON 00 O 4 I I��' 6 321 ESSF151REET OFFICE 'OFFICE OFFICE •OFFICE 0FICII I , SNnRmSro*T cEr.019oT O eo' 1a'r a..z•.. Iz.z. a..z• I_ zrn.. ar .n•.r .s• Ba� Iz lexumM 0 099)(3 O we IS O O ART71ON TYPES LEGEND e.fro•-ra I SDE.FTOLE rUBSB R6 F 5/e'4YnL ❑ •w MY 6NSDE ELWliO4s.FLmR OR ROOF MCx NOIF. AV0.MRB:6'SIEEI SROsIIfi'OL.S/B'LMd GCM , �Y� 4.RMRiOLLS 0.0M O0.0.BCi OH[.VOVE. ® O UIIS1KC61A,SlpINM,TS FIRST FLOOR PLAN � � � W ® ,�, A2. 1 `M#xiF0: S L STp 1 FL„S/e'4WBECN x.ROM TGro U.s.RBMORM moF ozc}MovE, STK reunTpx aNTrs NOTE: DIMENSIONS TO FACE OF FINISH(GWB)AND TO CENTER ONES *l TN:S S/e'SnCL 5711M 116'OC,5/5'GWB s _ W •'- ® - 6NLR,RODR 106'„x,MOVES SPIKED CE4LG, 0 0 DYs1K uSIIAT]N B.iis V • O W 9} O O O O Ij DN4�rchlt� •.� N %piu xaryrrwtlilWq qwu w/.u»]u5S KL O 4 MIl POOxep r� ro L R[VFW O]/S6N6 KM y � IU/11/D6 O ( _ rWBnrnw 1a19/Dc r.Eve9orwl 11/19/06 I I I I I O g I I I I I KTEMToxs Tom ewPK6con BD]o rw GROOM CONSTRUCTION CO 324 ESS STPE£T SwMgSCOR N1 01907 b 6 O .. .... 0'O' 19'.1' 9'.Y IS'.I' 9'.S' EI'.1• 9'i' ' SECOND FLOOR RAN O O O u O O O CS B 16'OC,5/B'9WB'X WP OPPWf ttC[OHLYE W lA'�1'L' Ds 616'OC.11V.4 uCx �.Xoa D¢X.uw9. 9 i6'OC.S/B9WT.X GC11 SECOND FLOOR PLAN A2.2 NOTE:1/ IMEDIKE OS NOTE: TO FACE OF FlWSH(GWB)AND TO CENTER LJNES 2 uvlsrnrux O O C O 2T-0" 27'-0- 27'-0' L B 21''11" 2]'-0" 27'-0" 27' 5'.9" 103/4" .v b e o , ly w SOUTH ELEVATION: BUILDING 0 .,. N i 141k .A ♦1 wl rl t Jt j _ 1 IrI I - I ISI 11 I/11II//n-\'\I1/1� I 1 , fiat w- 4 0 +, a �n Y PARTIAL EAST ELEVATION: BUILDING COLS. A-G O O O O O C ______________ C s s ry PARTIAL EAST ELEVATION: BUILDING COLS. G-N ATTACHMENT H City Council Resolution dated March 19, 1995 authorizing the City of Salem to use TIF in Salem EOA RESOLUTION AUTHORIZING THE USE OF TAX INCREMENT FINANCING IN THE SALEM ECONOMIC OPPORTUNITY AREA WHEREAS,.the City of Salem is part of the area designated the Beverly & Salem Regional Economic Target Area and the Salem Economic Opportunity Area; WHEREAS, there is strong support for economic development and the use of Tax Increment Financing as an economic development tool to create jobs and encourage business expansion and relocation to the City of Salem; NOW THEREFORE BE IT RESOLVED by the City Council of the City of Salem that: (1) Tax Increment Financing may be used as a tool to encourage economic development within the Salem Economic Opportunity Area. (Z) The Mayor is hereby authorized to execute and implement Tax Increment Financing agreements. Adopted this 9 g day of ��GL� 19 by the Salem City Council at a regular City Council meeting with a quorum present. Neil J. Harrington, Mayor Date ATTEST: 'Deborah E. Burkinshaw, City Clerk SEAL ' ATTACHMENT I TIF Plan Spreadsheet ATTACHMENT J City Council Resolution 1 — Authorizing Certified Project Application 1' RESOLUTION 1 AUTHORIZING CERTIFIED PROJECT APPLICATION OF GROOM CONSTRUCTION CO., INC. WHEREAS, Groom Construction Co., Inc. has applied for designation as a Certified Project under the Massachusetts Economic Development Incentive Program created by Chapter 23A of Massachusetts General Laws; WHEREAS, there is strong support for economic development and the use of Tax Increment Financing as an economic development tool to create jobs and encourage business expansion and relocation to the City of Salem; WHEREAS, Groom Construction Co., Inc. meets the minimum standards of the Economic Development Incentive Program and the local economic development goals and criteria established as part of the documents creating the Beverly& Salem Regional Economic Target Area and the Salem Economic Opportunity Area; WHEREAS, the proposed certified project is located at 96 Swampscott Road, Unit 6. The legal description of this property is as follows and is within the boundaries of the Salem Economic Opportunity Area: That property situated in Salem in the County of Essex and Commonwealth of Massachusetts, described as follows: 96 Swampscott Road, Salem, Massachusetts, Unit 6, described in the UNIT DEED dated June 13, 2006 and filed on June 16, 2006 with the Essex South Registry District of the Land Court as Document Number 468588. The Unit is located in SALEM COMMERCE PARK CONDOMINIUM created by Master Deed dated April 24, 2006 and filed on April 27, 2006 with the Essex South Registry District of the Land Court as Document Number 466707, and noted on Certificate of Title Number C-205000, as amended by the First Amendment to the Master Deed dated June 2, 2006 and filed on June 13, 2006 with said Registry District as Document Number 468416, and as further amended by the Second Amendment to the Master Deed dated August 1, 2006, and filed on August 4, 2006 with said Registry District as Document Number 470286, and by the Third Amendment to the Master Deed dated September 12, 2006 and filed on September 22, 2006 with said Registry District as Document Number 471780, in accordance with the provisions of G.L. c. 183A. The UNIT contains the AREA listed in the UNIT DEED and is laid out as shown on the plans filed with the Master Deed and to which is affixed a verified statement in the form provided for in G.L. c. 183A, Section 9. WHEREAS, the City of Salem has agreed to offer Groom Construction Co., Inc. a Tax Increment Financing Agreement; Pendiq 00 Coauuil Approval WHEREAS, Groom Construction Co., Inc. will invest approximately $1,725,000 to construct a new manufacturing space and will retain 71 jobs and create 28 new permanent, full-time jobs for residents of the Beverly & Salem Regional Economic Target Area and the City in 5 years. NOW THEREFORE BE IT RESOLVED that the Salem City Council approves the Certified Project application of Groom Construction Co., Inc. and forwards said application for certification to the Massachusetts Economic Assistance Coordinating Council for approval and endorsement. Adopted this day of March,2007 by the Salem City Council at a regular City Council meeting with a quorum present. Date: Kimberly Driscoll, Mayor ATTEST: Cheryl LaPointe, City Clerk SEAL Pending 00 CauncilApproval ATTACHMENT K City Council Resolution 2 —Authorizing a Tax Increment Financing Agreement RESOLUTION 2 AUTHORIZING A TAX INCREMENT FINANCING AGREEMENT FOR GROOM CONSTRUCTION CO., INC. WHEREAS, the City of Salem is part of the area designated the Beverly & Salem Regional Economic Target Area and the Salem Economic Opportunity Area; WHEREAS, the Mayor of the City of Salem has prepared a Tax Increment Financing Agreement in accordance of Chapter 40 and 751 CMR 11.00; WHEREAS, there is strong support for economic development and the use of Tax Increment Financing as an economic development tool to create jobs and encourage business expansion and relocation to the City of Salem; WHEREAS, there is strong support for using Tax Increment Financing to encourage the relocation of Groom Construction Co., Inc. to the City of Salem and renovation of 96 Swampscott Road, Unit#6, the property owned by Groom Realty LLC and leased to Groom Construction Co., Inc.; WHEREAS, this property is located in the Salem Economic Opportunity Area; NOW THEREFORE BE IT RESOLVED by the Salem City Council that: (1) The Tax Increment Financing Agreement be adopted as it has been substantially submitted to the City Council. A copy of said Tax Increment Financing Agreement is attached as Exhibit A, and made a part of this Resolution. (2) The area to be designated as a Tax Increment Financing Zone is: That property situated in Salem in the County of Essex and Commonwealth of Massachusetts described as follows: 96 Swampscott Road, Salem, Massachusetts, Unit 6, described in the UNIT DEED dated June 13, 2006 and filed on June 16, 2006 with the Essex South Registry District of the Land Court as Document Number 468588. The Unit is located in SALEM COMMERCE PARK CONDOMINIUM created by Master Deed dated April 24, 2006 and fded on April 27, 2006 with the Essex South Registry District of the Land Court as Document Number 466707, and noted on Certificate of Title Number C-205000, as amended by the First Amendment to the Master Deed dated June 2, 2006 and filed on June 13, 2006 with said Registry District as Document Number 468416, and as further amended by the Second Amendment to the Master Deed dated August 1, 2006, and filed on August 4, 2006 with said Registry District as Document Number 470286, and by the Third Amendment to the Master Deed dated September 12, 2006 and filed on September 22, 2006 with said Registry District as Document Number 471780, in accordance with the provisions of G.L. c. 183A. Pending 00 Cou&ilApproml The UNIT contains the AREA listed in the UNIT DEED and is laid out as shown on the plans filed with the Master Deed and to which is affixed a verified statement in the form provided for in G.L. c. 183A, Section 9. (3) A map of the Tax Increment Financing Zone is hereby attached as Exhibit B and made a part of this Ordinance. (4) The Tax Increment Financing Agreement shall be binding on all subsequent owners of the property in the Tax Increment Financing Zone. The City of Salem reserves the right to review and renegotiate the Tax Increment Financing Agreement if the business activity ceases to be fully operational during the life of the Tax Increment Financing Agreement, as specified in the Tax Increment Financing Agreement. (5) A copy of the adopted Tax Increment Financing Agreement shall be forwarded to the Massachusetts Economic Assistance coordinating Council for its approval. (6) The effective date of the Tax Increment Financing Agreement shall be July 1, 2007 or the date which the Tax Increment Financing Agreement is approved by the Massachusetts Economic Assistance Coordinating Council,whichever is later. (7) The Mayor is hereby authorized to execute and implement the Tax Increment Financing Agreement. Adopted this day of_day of March, 2007 by the Salem City Council at a regular City Council meeting with a quorum present. Date: Kimberly Driscoll, Mayor ATTEST: Cheryl LaPointe,City Clerk SEAL EXHIBIT A: Tax Increment Financing Agreement EXHIBIT B: Map of Tax Increment Financing Zone Pending Cio CoundlApproval EXHIBIT A TAX INCREMENT FINANCING AGREEMENT CITY OF SALEM, MASSACHUSETTS and GROOM CONSTRUCTION CO., INC. This agreement is made this_day of March, 2007, by and between the CITY OF SALEM, a municipal corporation duly organized under the laws of the Commonwealth of Massachusetts, having a principal place of business at City Hall, 93 Washington Street, Salem, Massachusetts, 01970, acting through the Mayor, Kimberley Driscoll, (hereinafter called "the CITY"), and GROOM CONSTRUCTION CO., INC., a Massachusetts corporation,with a principal place of business at 324 Essex Street, Swampscott, M l 01907 (hereinafter called "the COMPANY"). This Agreement will take effect as of July 1, 2007 (Fiscal Year 2008). WHEREAS, the COMPANY wishes to locate a manufacturing business at 96 Swampscott Road, Unit 6 in Salem; and WHEREAS, the CITY is willing to grant tax concessions in return for guarantee of the renovation of this distressed property and the creation of employment opportunities for local workers; and WHEREAS, the Salem City Council resolved on March 2007, to allow the use of Tax Increment Financing as a tool to encourage economic development within the Salem Economic Opportunity Area; and WHEREAS, the Salem City Council resolved on March 2007 to endorse the Tax Increment Financing Plan negotiated by the CITY and the COMPANY. NOW,THEREFORE, in consideration of the mutual promises contained herein, the parties do mutually agree as follows: A. THE COMPANY'S OBLIGATIONS 1. The COMPANY shall renovate Unit 6 at 96 Swampscott Road in Salem. "The FACILITY" as used herein means 96 Swampscott Road, Unit #6 containing 21,870 square feet to be renovated; that is improvements to the unimproved unit as of the date of this agreement. 2. During the life of this agreement, if the COMPANY decides to sell the FACILITY or the business or to otherwise transfer control of the FACILITY or business and/or operations thereof, the COMPANY shall give the CITY at least three months notice of said sale or transfer. Said notice shall be given by certified mail, return receipt requested, to the Mayor, City Hall, 93 Washington Street, Salem, Massachusetts, 01970. 3. THE CITY'S OBLIGATIONS 1. The CITY shall grant a tax increment financing exemption to the COMPANY in accordance with Massachusetts General Laws, Chapter A, Section 3E, Chapter 40, Pending City CoundlApproval r Section 59, and Chapter 59, Section 5. Said exemption shall be granted on the improvements to the FACILITY. Said exemption shall be valid for a period of five (5) years, beginning with fiscal year 2008 Quly 1, 2007) and ending with fiscal year 2012. During each year of this agreement, the COMPANY will pay taxes based on the apportioned value of the current value for 96 Swampscott Road, on the unimproved unit owned by the COMPANY, as of the date of this agreement (the base tax bill) and on that portion of the value of the FACILITY which is not exempt under the agreement. 2. The exemption schedule on the value of the FACILITY works as follows: The full value of improvements to the FACILITY is hereinafter called "the INCREMENT'. For the fust year, the COMPANY will pay taxes on 20% of the full value of the INCREMENT, plus the base tax bill. In year two, the COMPANY will pay taxes on 40% of the full value of the INCREMENT, plus the base tax bill. In year three, the COMPANY will pay taxes on 60% of the full value of the INCREMENT, plus the base tax bill. In year four, the COMPANY will pay taxes on 80% of the INCREMENT, plus the base tax bill. In year five, the COMPANY will pay taxes on 90% of the INCREMENT, plus the base tax bill. In year six, the COMPANY will pay taxes on the full value of the FACILITY. C. OTHER CONSIDERATIONS 1. This Tax Increment Financing Agreement shall be binding on all subsequent owners of the property. The City of Salem reserves the right to review and renegotiate the Tax Increment Financing Agreement if the business activity ceases to be fully operational during the life of the Tax Increment Financing Agreement. 2. If the COMPANY decides to expand the facility at any time during the life of the Tax Increment Financing Agreement, the CITY and the COMPANY may renegotiate the Tax Increment Financing Agreement to exempt all or part of the value of the expansion from property taxes. The exact amount of that exemption will be determined at the time of expansion. Executed as a sealed instrument on the day and year fust above written. CITY OF SALEM GROOM CONSTRUCTION CO., INC. Kimberley Driscoll, Mayor David Groom Pending 00 Coanurl Approval i al TAX INCREMENT FINANCING ZONE GROOM CONSTRUCTION 96 SWAMPSCOTT ROAD UNIT #6 I SALEM, MA n, o or '� *'��--• �* t T �,• rte'+ � ��'Lv�i ar- §d .0 t 'a r v r t� '..� � � � ( _ � a � :>•� i �� x �� � Rte. { . �p s CITY OF SALEM lL��•��' �� ._ � } ,a z� ss s t71a jtxm4 „ ^+''c"'' �I a�.��"°w>n-+� e Mayor Kimberley oriacmi a ss 100 Bao Feel Map o- } A Map created by SalereGIS and G Applied Geographies,February 2007 N• P '. i t ! d K FOR PLANNING PURPOSES ONLY o OATASOURCES- �a Roads from Cry or Salem i' Town Boundander,and water me MassG15 ,'•i5 a t i nti C � 955waand..Rd P.1 Oge'l,"Ou*ne � Parcel Lines #* Rpt — easement L I ATTACHMENT L Tax Increment Financing Agreement TAX INCREMENT FINANCING AGREEMENT CITY OF SALEM, MASSACHUSETTS and GROOM CONSTRUCTION CO., INC. This agreement is made this_day of March, 2007, by and between the CITY OF SALEM, a municipal corporation duly organized under the laws of the Commonwealth of Massachusetts, having a principal place of business at City Hall, 93 Washington Street, Salem, Massachusetts, 01970, acting through the Mayor, Kimberley Driscoll, (hereinafter called "the CITY"), and GROOM CONSTRUCTION CO., INC., a Massachusetts corporation,with a principal place of business at 324 Essex Street, Swampscott,]14A 01907 (hereinafter called"the COMPANY"). This Agreement will take effect as of July 1, 2007 (Fiscal Year 2008). WHEREAS, the COMPANY wishes to locate a manufacturing business at 96 Swampscott Road, Unit 6 m Salem; and WHEREAS, the CITY is willing to grant tax concessions in return for guarantee of the renovation of this distressed property and the creation of employment opportunities for local workers; and WHEREAS, the Salem City Council resolved on March 2007, to allow the use of Tax Increment Financing as a tool to encourage economic development within the Salem Economic Opportunity Area; and WHEREAS, the Salem City Council resolved on Match 2007 to endorse the Tax Increment Financing Plan negotiated by the CITY and the COMPANY. NOW,THEREFORE,in consideration of the mutual promises contained herein, the parties do mutually agree as follows: A. THE COMPANY'S OBLIGATIONS 1. The COMPANY shall renovate Unit 6 at 96 Swampscott Road in Salem. "The FACILITY" as used herein means 96 Swampscott Road, Unit #6 containing 21,870 square feet to be renovated; that is improvements to the unimproved unit as of the date of this agreement. 2. During the life of this agreement, if the COMPANY decides to sell the FACILITY or the business or to otherwise transfer control of the FACILITY or business and/or operations thereof, the COMPANY shall give the CITY at least three months notice of said sale or transfer. Said notice shall be given by certified mail, return receipt requested, to the Mayor, City Hall, 93 Washington Street, Salem, Massachusetts, 01970. 3. THE CITY'S OBLIGATIONS 1. The CITY shall grant a tax increment financing exemption to the COMPANY in accordance with Massachusetts General Laws, Chapter A, Section 3E, Chapter 40, Section 59, and Chapter 59, Section 5. Said exemption shall be granted on the improvements to the FACILITY. Said exemption shall be valid for a period of five (5) Petrding 00 CouneilApproual years, beginning with fiscal year 2008 Quly 1, 2007) and ending with fiscal year 2012. During each year of this agreement, the COMPANY will pay taxes based on the apportioned value of the current value for 96 Swampscott Road, on the unimproved unit owned by.the COMPANY, as of the date of this agreement (the base tax bill) and on that portion of the value of the FACILITY which is not exempt under the agreement. 2. The exemption schedule on the value of the FACILITY works as follows: The full value of improvements to the FACILITY is hereinafter called "the INCREMENT". For the first year, the COMPANY will pay taxes on 20% of the full value of the INCREMENT, plus the base tax bill. In year two, the COMPANY will pay taxes on 40% of the full value of the INCREMENT, plus the base tax bill. In year three, the COMPANY will pay taxes on 60% of the full value of the INCREMENT, plus the base tax bill. In year four, the COMPANY will pay taxes on 80% of the INCREMENT,plus the base tax bill. In year five, the COMPANY will pay taxes on 90% of the INCREMENT, plus the base tax bill. In year six, the COMPANY will pay taxes on the full value of the FACILITY. C. OTHER CONSIDERATIONS 1. This Tax Increment Financing Agreement shall be binding on all subsequent owners of the property. The City of Salem reserves the right to review and renegotiate the Tax Increment Financing Agreement if the business activity ceases to be fully operational during the life of the Tax Increment Financing Agreement. 2. If the COMPANY decides to expand the facility at any time during the life of the Tax Increment Financing Agreement, the CITY and the COMPANY may renegotiate the Tax Increment Financing Agreement to exempt all or part of the value of the expansion from property taxes. The exact amount of that exemption will be determined at the time of expansion. Executed as a sealed instrument on the day and year first above written. CITY OF SALEM GROOM CONSTRUCTION CO., INC. i Kimberley Driscoll, Mayor David Groom Pending City Counal Approval CITY OF SALEM, MASSACHUSETTS Kimberley Driscoll Mayor March 12, 2007 Economic.Assistance Coordinating Council ATTN: Robert Foley, Program Manager EDIP Massachusetts Office of Business Development One Ashburton Place, Suite 2101 Boston, MA 02108 To the Members of the Economic Assistance Coordinating Council: I am pleased to submit for your review the applications and supporting documentation necessary to designate Groom Realty, LLC a Certified Project through the Commonwealth's Economic Development Incentive Program(EDIP). Groom Realty, LLC is the holding company for Groom Construction Co., Inc., a local construction company, looking to expand and move their operations to Salem's newest industrial park at 96 Swampscott Road. Shortly after taking office last year, a developer approached me about his purchase of the former Atlantic Extrusions building at 96 Swampscott Road. The 170,000 square foot building had been vacant for over two years, with little interest from companies or developers looking to invest in the property. The developer envisioned redeveloping the property into industrial/commercial condominiums for smaller manufacturing companies. He quickly found interest from local companies looking for space and willing to invest in the property. The building is now home to nine companies, who are investing a great deal in their units. Three of these companies approached the City for assistance, Groom Construction, being one of them. Groom Construction was established in 1979 in Swampscott and serves both the residential and commercial construction markets. They are moving to Salem and purchasing a 22,000 square foot unit at 96 Swampscott Road. Groom Construction will be relocating from Swampscott, which will allow the company to move all of their operations, including their related company, Groom Energy Solutions, LLC, to Salem. They also plan to lease part of the completed space to a local dance studio and a few smaller contractors. The investment in the purchase and renovation of the unit is anticipated to be S 1,725,000. The expected job growth is 28 full-time permanent jobs in the next five years. The City is proposing a five-year TIF Agreement for Groom Construction. If approved, it will be the first time in nearly six years that the city has used this valuable economic development tool to promote development in Salem. Projects using this tool in the past have exceeded job Salem City Hall—93 Washington Street—Salem, MA 01970-3592 Ph.978-745-9595 Fax 978-744-9327 creation goals and continue to provide meaningful tax revenue to the City. The financial impact of the project is substantial and will help send the message that we welcome new businesses and encourage economic development in Salem. On February 22, 2007, the project was submitted to the Salem City Council to designate the company as a certified project and endorse a five-year Tax Increment Financing (TIF) plan. The Council is reviewing the project at the Committee level on March 19 and we anticipate a favorable vote on March 22, 2007. The enclosed TIF plan and application for certified project status describe the City's reasons for offering the incentives and the benefits, which the company will bring to Salem. I appreciate your support of our economic development efforts and hope that, once again, you will vote to certify a Salem project. Very truly yours, (� i�T '� Kimberley Driscoll Mayor Salem City Hall—93 Washington Street—Salem, MA 01970-3592 Ph. 978-745-9595 Fax 978-744-9327 1' RECEIVE® tSTRV NOV 2 8 2006 DEPT.OF PLANNING& 1�� COMMUNITY DEVELOPMENT SINCE 1979 General Building Contractors November 21, 2006 Hon. Mayor Kimberly Driscoll City of Salem City Hall 93 Washington Street Salem, MA 01970 Dear Mayor Driscoll, I am writing to you in my capacity as president of Groom Construction Co., Inc. to once again notify the City of Salem of our interest in participating in the MA Economic Development Incentive Programs and related fiscal incentives that may be available to our business. Groom Construction has been in business since 1979 and was incorporated in Massachusetts in 1983. Our subsidiary, Groom Energy Solutions was formed in 2005 to serve the energy needs of manufacturing and warehouse-based clients. We currently employ a combined 98 persons, and by moving from our 5,000 sq. ft. facility in Swampscott, MA, to a new 27,000 sq. ft. facility at 96 Swampscott Rd. in Salem we expect to be able to expand our work capacity and employment base significantly in the coming years. As you may know, we were in contact with Tania Hartford of the City's Economic Development team on April 30`s of this year regarding our interest in participating in these programs, and, it remains our hope that the City of Salem will continue to assist us in our efforts. We welcome the opportunity to have yourself and/or representatives of your team to visit our existing facility as well as our planned new facility to get a better understanding of our operation and our goals. I look forward to hearing from you on this matter. Yours tryily, Thomas Groom, president Groom Construction Co., Inc. Cc: Peter Milano Tania Hartford GROOM CONSTRUCTION CO., INC. 324 ESSEX STREET, SWAMPSCOTT, MAO]907 TELEPHONE (781 ) 592-3135 FACSIMILE (781) 593-1480 WEBSITE: www.Groomco.com Certified Project Application —Page 1 The Massachusetts Economic Development Incentive Program CERTIFIED PROJECT APPLICATION RECEIVED FEES 1 6 2007 APPLICANT INFORMATION DEPT.OF PLAN"& COMMUMTYOEVa NW 1. Name and address of business(es) submitting this application (please list fiscal year end for each business): Groom Realty, LLC Groom Construction Co., Inc 324 Essex Street Swampscott, MA 01907 YE 12/31 2. Name and address of project (if different from above): Salem Commerce Park 96 Swampscott Road/Unit 6 Salem, MA 01970 3. Location of ETA: Salem, MA 4. Location of EOA: Salem, MA 5. Authorization: I/We, (print) David Groom of the business(es) applying for Certified Project designation, hereby certify that the information within this application is true and accurate, and reflects the project's intentions for job creation and investment. I/We understand that the information provided with' this application shall be binding for the duration of the pro' t certification PA � �k a �-- ( - a ( gnature) (Date) (Signature) (Date) (Additional Signatures, if necessary) (Date) Certified Project Application -- Page 2 6. Nature and Purpose of Project: Describe briefly the nature and history of the business as well as the specific expansion/growth/relocation plans: the level of new investment (with a breakdown of type of expense: construction, renovation, acquisition of equipment, etc.) and employment levels -- both current and projected. Provide time frames for both the projected total investment and job creation. As part of this narrative, please explain why the business is seeking Certified Project designation. Groom Realty LLC has purchased a condominium in the Salem Commerce Park for$1.15M and is in the process of building out the space. The initial construction budget for this project is $600K. Groom Construction is the general contractor on the project and the work is being performed by local subcontractors. When work has been completed, the plan is to lease the space to two related companies (Groom Construction Co, Inc.and Groom Energy Solutions, LLC), a local dance studio, and a few other smaller contractors. If the City of Salem can work with Groom Realty to establish and maintain an affordable tax assessment on the property that will allow all of the companies to keep a reasonable level of costs, we can move all operations and employees to Salem, MA. Following is general information on the related companies involved and the projected job growth: Groom Construction was established in 1979 by Tom and David Groom both of Swampscott, MA. Groom Construction serves both the residential and commercial construction markets. Clients include national retailers (Best Buy, Home Depot), nonprofit organizations (YMCA, Salvation Army), local developers, and the Commonwealth of Massachusetts. Groom Construction has a history of adding jobs through reinvesting profits into the Company to diversify its services and increase revenue. Since 2000 the full time staff has increased by fifty direct employees and the Company has had a significant impact on local subcontractors and suppliers. With the down turn in the residential construction market and some leveling off the local commercial construction market, Groom Construction expects to build from its success with Best Buy and focus its expansion on national retailers. We are projecting the need for an additional eight construction positions in 2008. Groom Energy Solutions, LLC established in 2005 provides installation, service, and repair of energy efficient products to the commercial market. Groom Energy has added six new jobs in 2006 and it is expected to add additional sales positions and one administrative position with the increased space. Certified Project Application — Page 3 7. Is this business new to Massachusetts? Yes X No If no: • Where are the existing Massachusetts facilities? 324 Essex Street, Swampscott, MA 01907 • Will this project require/trigger the closing or consolidation of any Massachusetts facilities? If yes, please explain. No,all operations would be moved to Salem, MA and the current building would be sold or leased to a Company needing additional space to expand 8. Is this project an expansion of an existing business? X Yes No If yes, check the appropriate box: at existing location at new location in same municipality X at new location in different municipality 9. Job Creation In order to qualify for Certified Project Status, the governing statute and regulations require the creation of new, new, permanent full-time employees in Massachusetts. On the chart provided (see next page), please fill in the blanks provided. WORK FORCE ANALYSIS AND JOB CREATION PLAN New Jobs: CURRENT JOBS, if any to be TOTAL, New Jobs: New Jobs: New Jobs: New Jobs: New Jobs: Years 6-10 EMPLOYMENT relocated from Projected New Year One Year Two Year Three Year Four Year Five (2016) LEVEL another MA facility Permanent Jobs (2008) (2009) (2010) (2011) (2012) If Applicable Total Employees at Certified Project Facility in Mass. 74 0 50 8 8 4 4 4 22 Total Employees in Massachusetts at other sites. 0 0 0 0 0 0 0 0 0 # of Employees at Certified Project Location who live in the ETA of the Certified Project 10 0 25 4 4 2 2 2 11 # of Permanent Full- Time Employees 71 0 50 8 8 4 4 4 22 # of Permanent Part- Time Employees 3 0 3 3 3 3 3 3 3 # of Temporary Full- Time Employees 0 0 0 0 0 0 0 0 0 # of Temporary Part- Time Employees. 0 0 0 0 0 0 0 0 0 JOBS BY CLASSIFICATION (List # of Jobs, and Average Wage/Salary. Please feel free to use your company's classification system) # of Management Positions 5 $100k+ 0 0 0 0 0 0 0 # of Professional Positions 13 $40k+ 3 1 0 0 0 0 1 # of Technical Positions 1 $25k (PPT) 0 0 0 0 0 0 0 # of Skilled Positions 43 $18 + per hour 37 5 5 3 3 3 16 # of Unskilled $10 - $18 per Positions 12 hour 10 1 2 1 3 1 1 1 5 Certified Project Application -- Page 5 10. Certification for Abandoned Buildings -- Does the proposed project involve the renovation and reuse of an abandoned building? X Yes No Unsure If yes or unused, please answer the following questions: (a) How long has the building been vacant? (If know, state date) Unknown (b) During this period of time, what percentage of the building was vacant and unused? If the percentage varied during this time period, provide information for each change in the percent of vacant space and the applicable time period. Unknown 11. Local Employment -- What actions will you take to recruit employees from among residents of the ETA? Groom Construction will work with the Salem office of the Division of Employment and Training to target potential employees in the ETA with a background that would quality them for open/new positions. Groom also hires employees without experience and trains them to fill open positions. We will also continue to recruit through the local newspapers. Provide any information, documentation, or studies which demonstrate that: (a) the business has the intention and capacity to achieve the anticipated level of new permanent full-time jobs for residents of the municipality/Economic Target Area; and Groom Construction has been selected to build the YMCA at Leggs Hill (within the ETA) and are also in the final stages of adding an additional national retail client. (b) taking into consideration existing economic conditions, the proposed project is likely to succeed in creating and retaining the anticipated level of new permanent full-time jobs for residents of the municipality/Economic Target Area. Groom Construction has a diverse business base and does not specialize in a single type of construction. Much of the work is done on a reoccurring basis(retail remodels) outside of Massachusetts. Certified Project Application — Page 6 12. Affirmative Action -- Does the business have an Affirmative Action/Equal Employment Opportunity Plan or Statement? X Yes No If yes, please attach a copy. see Attached If no, describe the business' hiring policies and practices. 13. Agreement Between the Business and Area Banks -- Describe briefly the business' local banking relationship(s), if any. Does the institution with which the business banks participate in the Massachusetts Capital Access Program, which is designed to commit a portion of the business' deposits to fund loans to local businesses? Groom Construction has a banking relationship with Danversbank, One Conant Street, Danvers, MA Our contact is Frank Romano (978.646.0361).We have both deposit and loan accounts.The institution does not participate in the Massachusetts Capital Access Program. 14. Economic Benefits of Project Certification -- Provide a description of the economic benefits that are anticipated for the business and the project, if the project is certified. For example, describe the anticipated state and local tax benefits, municipal road or infrastructure improvements, assistance for local job training programs, the impact of local permit streamlining and other benefits anticipated if the project is certified. Also, provide any information, documentation or studies demonstrating any additional benefits (i.e., reduction of blight, reuse of abandoned buildings, clean up of contaminated property, job training, provision of day care, any contributions to the community etc.) likely to accrue to the area as a result of Certified Project designation. Groom Realty and Groom Construction are interested in local real estate tax incentives, the State's 5% Investment tax credit, and the State's 10%Abandoned Building Tax Deduction(if applicable). In addition to creating jobs,the completion of this project will create usable space in an abandoned building and help other small businesses (the dance studio, local contractors) by offering affordable spaces to run their businesses. Certified Project Application -- Page 7 SPECIAL REQUIREMENTS FOR REAL ESTATE PROJECTS 1. Will the business own or lease/rent the facility? X Own Lease/Rent If leasing/renting, please identify the developer/landlord, and state who will be the taxpayer of record for the purpose of paying local real estate taxes. Groom Realty LLC will own the property; Groom Construction Co, Inc will rent a significant portion of the facility. If owning, will the business fully occupy the space? Yes X No If no, does the business intend to lease/rent the remaining space? Yes 2. Describe how the various tax benefits and other economic incentives that will result from Certified Project designation will be allocated among the business(es) developing the project (i.e., a developer or landlord) and the business(es) intending to purchase, lease or rent space at the facility (i.e., tenant or tenants). Local real estate tax incentives will be allocated to Groom Realty; other benefits will be allocated based on financial contribution of Groom Realty and Groom Construction. SUPPLEMENTAL INFORMATION 1. Name(s) of the business(es) intending to take advantage of the state tax incentives: Business Name: Groom Realty LLC Federal Employer Identification #: 20-5045679 Address: 324 Essex Street Swampscott, MA 01907 Phone: 781.592.3135 Fax: 781.593.1480 Contact Person: Mark Bernato Type of Organization (check all which applies): Corporation For-Profit S-Corp Non-profit Business Trust X Partnership X General Partnership Limited Partnership Individual Level of Interest: X 5% Investment Tax Credit X 10% Abandoned Building Tax Deduction (if applicable) X Local real estate tax incentive beneficiary Certified Project Application -- Page 8 2nd Business Name (if applicable): Groom Constrution Co.,Inc Federal Employer Identification #: 04-2866322 Address: 324 Essex Street Swampscott, MA 01907 Phone: 781.592.3135 Fax: 781.593.1480 Contact Person: Mark Bernato Type of Organization (check all which applies): X Corporation X For-Profit X S-Corp Non-profit Business Trust Partnership General Partnership Limited Partnership Individual Level of Interest: X 5% Investment Tax Credit X 10% Abandoned Building Tax Deduction (if applicable) X Local real estate tax incentive beneficiary ***If there are more than two businesses intending to take advantage of these state tax incentives associated with this project, please provide the above information for all such businesses. 2. A-- If a corporation, please list the names and addresses of the officers and directors of said corporation, and any person and/or corporation with a financial interest of five percent or greater in said corporation. B -- If a partnership, please list the names and addresses of all partners, and include the proportionate share owned by each partner. C -- If a business trust, please name all members and beneficiaries of said trust. Groom Realty,LLC Thomas Groom, Manager 6 Ingraham Terrace Swampscott, MA 01907 David Groom, Manager 32 Estabrook Road Swampscott, MA 01907 Groom Construction Co., Inc Thomas Groom, President 6 Ingraham Terrace Swampscott, MA 01907 David Groom,Treasurer 32 Estabrook Road Swampscott, MA 01907 A. Scott Faulkner, Secretary 41 Salem Street Swampscott, MA 01907 3. Please provide the name, address, phone number and contact person for any organizations Which may own or control the applicant organization, or who are affiliated with the applicant business organization. N/A V Certified Project Application -- Page 9 4. Certificate of Good Standing -- Please provide proof of good tax standing in the Commonwealth of Massachusetts via a Certificate of Good Standing, which is a letter issued by the Massachusetts Department of Revenue. To obtain a Certificate of Good Standing, please see Attachment I of this application. Certificates of Good Standing attached I��III�I�I��'� I, �I�II�I�II�I�IV�I�IVI�II�Ii�I�I�I�I�dC MASSACHUSETTS DEPT.OF REVENUE PO BOX 7066 BOSTON,MA 02204 (00 ALAN LeBOVIDGE, COMMISSIONER ROBERT P. O'NEILL, BUREAU CHIEF GROOM REALTY, LLCNotice 80619 OP 324 ESSEX ST 2430 T/P ID 205 045 679 SWAMPSCOTT MA 01907-1212 Date 01/12/07Bureau CERTIFICATE CERTIFICATIE OF-GOOD STANDING AND/OR TAX COMPLIANCt The Commissioner of Revenue certifies as of the above date, that the above named individual or entity is in compliance with its tax obligations payable under M.G.L. c. 62C, including corporation excise, sales and use taxes, sales tax on meals, sales and use tax on Boats/RV, withholding taxes, room occupancy excise and personal income taxes, with the following exceptions. This Certificate Certifies that individual taxpayers are in compliance with income tax obligations and any sales and use taxes, sales tax on meals, withholding taxes, and/or room occupancy taxes related to a sole proprietorship. Persons deemed responsible for the payment of these taxes on behalf of a corporation, partnership or other business entity may not use our automated process to obtain a Certificate. This Certificate does not certify that the entity's standing as to taxes such as unemployment insurance administered by agencies other than the Department of Revenue, or taxes under any other provisions of law. Taxpayers required to collect or remit the following taxes must submit a separate request to certify compliance: Alcoholic Beverage Excise, Cigarette Excise, International Fuels Tax Agreement, Smokeless Tobacco or Ferry.Embarkation. THIS ISNOT A WAIVER OF LIENISSUED UNDER GENERAL LAWS, CHAPTER 62C, SECTION 52. Very truly yours, Robert O'Neill, Bureau Chief 191��111191�IG�1�111�11��111�1@91 MASSACHUSETTS DEPT.OF REVENUE PO BOX 7010 BOSTON,MA 02204 ALAN LeBOVIDGE, COMMISSIONER TERESA O'BRIEN-HORAN, DEPUTY COMMISSIONER Notice 80619 OP GROOM CONSTRUCTION.CO INC 4010 T/P ID 042 866 322 324 ESSEX ST Date 11/09/06 SWAMPSCOTT MA 01907-1212 Bureau CERTIFICATE CERTIFICATE OF GOOD STANDING.AND/OR TAX COMPLIANCE The Commissioner of Revenue certifies as of the above date, that the above named individual or entity is in compliance with its tax obligations payable under M.G.L. c. 62C, including corporation excise, sales and use taxes, sales tax on meals, sales and use tax on Boats/RV, withholding taxes, room occupancy excise and personal income taxes, with the following exceptions. This Certificate certifies that individual taxpayers are in compliance with income tax obligations and any sales and use taxes, sales tax on meals, withholding taxes, and/or room occupancy . taxes related to a sole proprietotship. Persons deemed responsible for the payment of these taxes on behalf of a corporation, partnership or other business entity may not use our automated process to obtain a Certificate. This Certificate does not certify that the entity's standing as to taxes such as unemployment insurance administered by agencies other than the Department of Revenue, or taxes under any other provisions of law. Taxpayers required to collect or remit the following taxes must submit a separate request to certify compliance: Alcoholic Beverage Excise, Cigarette Excise, International Fuels Tax Agreement, Smokeless Tobacco or Ferry Embarkation. THIS IS NOT A WAIVER OF LIEN ISSUED UNDER GENERAL LAWS, CHAPTER 62C, SECTION 52. Very truly yours, Robert O'Neill, Bureau Chief GROOM CONSTRUCTION CO., INC EQUAL OPPURTUNITY STATEMENT It is the policy of the Groom Construction Co, Inc. to provide for and promote equal employment opportunity in employment compensation and other terms and conditions of employment without discrimination based on age, race, creed, color, national origin, gender, sexual orientation, disability, marital status, Vietnam Era Veteran status, genetic predisposition, or carrier status. Groom Construction Co., Inc. is committed to assuring equal employment opportunity. It is our policy to provide reasonable accommodation to a qualified individual with a disability to enable such individual to perform the essential functions of the job which he/she is applying or in which he/she is employed. The policy applies to all employment practices and actions. It includes, but is not limited to, recruitment,job application process, examination and testing, hiring, training, disciplinary actions, rate of pay or other compensation, advancement, classification, transfer, reassignment and promotions. Due Diligence Letter Groom Construction Co, Inc. Groom Construction was established in 1979 by Tom and David Groom both of Swampscott, MA. The company serves both the residential and commercial construction markets. Clients include national retailers (Best Buy, Home Depot), nonprofit organizations (YMCA, Salvation Army), local developers, and the Commonwealth of Massachusetts. Groom Construction has been located at 324 Essex Street, Swampscott, MA since 1984. The building has approximately 5,000 square feet of office/storage space and a small yard used for the storage of equipment and supplies used in the business. There is no off street parking. The company has experienced strong growth over the last five years and with the addition of a sister company (Groom Energy Solutions, LLC), it has become difficult to operate in the Essex Street space. Management has been actively looking for a new location since 2004 and was open to either building a new location or purchasing an existing one. Following are the general requirements of the new space: • Office space in range of 10-12,000 square feet • Off street parking to accommodate a minimum of twenty five vehicles • Contractor storage space in excess of 3-5,000 square feet Salem/Swampscott location Management looked at several sites during the 2004-05 period, most that could not meet the company's general requirements. An offer was submitted for a property on Highland Avenue in Salem, MA in early 2006. After agreeing to terms withGroomConstruction, the owner sold the property.to another_ buyer. In June 2006, management completed a deal to purchase Unit#6 of the Salem Commerce Park located at 96 Swampscott Rd, Salem, MA. The property is currently being built-out to meet management's specifications. I, Thomas Groom, as a representative for both Groom Construction and Groom Realty LLC, hereby certify that this statement is true and accurate. Tfiomas Groom Date GROOM CONSTRUCTION CO., INC. TIF Plan TAX INCREMENT FINANCING PLAN 1. LOCATION A. Economic Opportunity Area (EOA): Salem EOA B. Municipality: City of Salem C. TIF Zone: i. Map Attachment A — General Location Map Attachment B —Land Use and Zoning Map Attachment C —Parcel Map (property lines, building footprint and all thoroughfares, public right of ways and easements) ii. Description (common and legal) Common Description The proposed TIF Zone is located at 96 Swampscott Road, Unit 6 in the Salem Economic Area (EOA). Legal Description That property situated in Salem in the County of Essex and Commonwealth of Massachusetts described as follows: 96 Swampscott Road, Salem, Massachusetts, Unit 6, described in the UNIT DEED dated June 13, 2006 and filed on June 16, 2006 with the Essex South Registry District of the Land Court as Document Number 468588. The Unit is located in SALEM COMMERCE PARK CONDOMINIUM created by Master Deed dated April 24, 2006 and filed on April 27, 2006 with the Essex South Registry District of the Land Court as Document Number 466707, and noted on Certificate of Title Number C-205000, as amended by the First Amendment to the Master Deed dated June 2, 2006 and filed on June 13, 2006 with said Registry District as Document Number 468416, and as further amended by the Second Amendment to the Master Deed dated August 1, 2006, and filed on August 4, 2006 with said Registry District as Document Number 470286, and by the Third Amendment to the Master Deed dated September 12, 2006 and filed on September 22, 2006 with said Registry District as Document Number 471780,in accordance with the provisions of G.L. c. 183A. The UNIT contains the AREA listed in the UNIT DEED and is laid out as shown on the plans filed with the Master Deed and to which is affixed a verified statement in the form provided for in G.L. c. 183A, Section 9. iii. Narrative description of TIF Zone, Needs, Problems, and Opportunities The TIP Zone is a 22,000 square foot unit within a 170,000 square foot building that was recently converted to commercial condominiums primarily geared toward smaller industrial and commercial users. Prior to the conversion, the 1 GROOM CONSTRUCTION CO., INC. TIF Plan building was vacant and deteriorating for over two years. It was difficult to find such a large commercial user for the space. The City worked with different state agencies to try to attract a company to the space without success. The conversion represented an innovative solution to redeveloping the building. The new condominium owners purchased essentially a large space with walls and were required to invest their own funds in the build-out of their individual space. Groom Construction plans to invest$1,725,000 in the purchase and development of the unit. The conversion of the building and the investment the new condominium owners,including Groom Construction Co., Inc., creates an opportunity for investment into this industrial corridor of the City and generates more tax dollars, as well as,increased jobs. iv. Property Owners within the proposed zone Thomas and David Groom Groom Realty, LLC (RE Holding Company), 324 Essex Street, Swampscott, MA 01970 II. TIME—DURATION OF TIF PLAN AND ZONE DESIGNATION 5 years III.TIF ZONE & ECONOMIC DEVELOPMENT A. Discuss how TIF Zone is poised to create new economic development opportunities The designation of this property as a TIF Zone will create a number of new economic development opportunities. Groom Construction is investing in a building that has been vacant and deteriorating for over two years. The conversion of the property and interest by companies, like Groom Construction, led to the- redevelopment of this building and will most likely open up opportunities for future development around the site. The City believes that this project will attract interest in Salem, particularly in the Swampscott Road area, as a competitive location for business. If approved, this TIF Plan will demonstrate that the City can and will offer economic development tools to attract business. Success here will invite interest of firms located outside of the City, with an emphasis on smaller commercial and industrial businesses, such as Groom Construction. B. Discuss how TIF Zone will result in a net economic benefit to the local municipality Approving the proposed TIF zone will result in the following net economic benefit to the City of Salem: • Generation of$30,539 in ultimate annual tax revenue. An increase of 61% over the current base value. GROOM CONSTRUCTION CO., INC. TIF Plan • Relocation of 71 existing permanent full-time jobs to Salem. • Creation of at least 28 permanent full-time jobs in Salem over the next 5 years. Projection of creating 22 additional permanent full-time jobs in the next 10 years. • Job training for entry-level employees. • Assistance in revitalizing part of a formally abandoned, deteriorating structure. C. Analysis of proposed and potential land uses The project includes the purchase and build-out of approximately 22,000 square feet of space in a 170,000 commercial condominium building. Groom Construction is moving all of their operations to the space. D. Zoning in TIF Zone Business Park Development (BPD) E. Identify any parcels, public or private, in zone which are confirmed hazardous waste disposal sites, in accordance with Chapter 21 E, MGL N/A F. Analysis of how the land uses are appropriated for anticipated economic development The redevelopment and reuse of 96 Swampscott Road presented a challenge due to the size of the building. It was tough to recruit a company to locate to such a large building with limited highway access. The developer who eventually purchased the abandoned building in early 2006 realized the need for commercial and industrial space for companies looking for under 35,000 square feet of space. They divided the space up based on need and created commercial condominiums. The overall project has been very successful. Groom Construction is a perfect fit both for the land use and as a part of continued economic development and growth in the city. G. Discuss proximity of TIF Zone to mass transit and to major rail, highway, or other modes of transportation for shipping and delivery The TIF Zone is located approximately a half mile from Route 107/Highland Avenue, a four-lane thoroughfare that connects Salem to Boston. Boston's Logan Airport is only 13 miles south of the site and can be reached via Route 107. The site is approximately 4 miles from Route I-95 and 6 miles to Route 1. Public transportation is also available along Route 107/Highland Ave by the Massachusetts Bay Transportation Authority (MBTA) buses. The MBTA buses 3 GROOM CONSTRUCTION CO., INC. TIF Plan provide service daily between the Salem Commuter Rail Station and Haymarket in downtown Boston. The site is located approximately 3.3 miles from the Salem MBTA Commuter Rail Station,which provides service into Boston's North Station in 30 minutes. H. Identify principal commercial and industrial tenants within the TIF Zone Groom Construction will move all of their operations, including their related company, Groom Energy Solutions,LLC, to the unit. They also plan to lease part of the completed space to a local dance studio and a few smaller contractors. IV.TIF ZONE PROJECTS A. Private Projects 1. Proposed Groom Realty LLC purchased and is renovating approximately 22,000 square feet of space in a 170,000 square foot commercial condominium building (former Atlantic Extrusions). Groom Construction will be relocating from Swampscott,which will allow the company to move all of their operations, including their related company, Groom Energy Solutions,LLC, to Salem. They also plan to lease part of the completed space to a local dance studio and a few smaller contractors. 2. Planned See above 3. Provide documentary evidence of the level of the developer's commitment to construction proposed & required in the TIF project. The company has purchased the unit (unit deed Attachment D).and secured— - funding commitments (see Attachments E) to construct the project (project budget Attachment F); construction plans have been completed (see Attachments G); and a percentage of the build-out for the project has begun. 4. Budget for proposed project expenditures with supporting data. See Attachment F. 5. Architectural, plans, specs, engineering reports. See Attachment G. 4 GROOM CONSTRUCTION CO., INC. TIF Plan 6. Letters of commitment from local lending institutions See Attachment D. 7. Participation in other federal, state and local Economic development programs and initiatives None outside of the EDIP program. 8. Relevant business plans a. Time schedules for development Unit purchase:June 2006 Buildout:June 2006 -July 2007 Parlial move-in:March 2007 Full occupancy estimated:July 2007 b. Returns on investment The company is anticipating expanding and growing the business in the new location. c. Expected Increases in Job Creation The expected job growth is 28 full-time permanent jobs in five years. d. Estimated tax revenues based upon increased valuation of the parcel The base value of the condominium is $889,672, which is an apportioned value of the entire building at 96 Swampscott Road. The base tax bill is $18,977. The total value of the property after the renovation is projected to be $1,368,750, which is based on 95% of the purchase price plus 50% of the cost of real estate improvements. The increment in value is $479,078. At the end of the TIF Plan the project will generate 530,539 in annual tax revenue. This represents an increase of 61% in tax revenue over the current base value. B. Public Projects 1. Proposed— N/A 2. Planned —N/A 3. Budget for proposed project expenditures supporting data — N/A 5 GROOM CONSTRUCTION CO., INC. TIF Plan V. FINANCING FOR TIF ZONE PROJECTS A. Anticipated Financing for Private Projects 1. Sources and Amounts for Proposed Projects The company has self-financed all the costs of acquiring and renovating the property. See attached funding commitments (Attachment D). 2. Sources and Amounts for Planned projects See above B. Anticipated Financing for Public Projects N/A C. Detailed projection of costs of public construction N/A D. Will betterment be used to finance any public-private projects, now or within the proposed life of the TIF plan? No betterment will be used. E. If betterment or Special Assessments are part of the TIF Plan N/A F. Describe how private projects will be financed 1. Evidence of private financing commitments See Attachment D (funding commitment letters) 2. Material assumption and requirements See Attachment D (funding commitment letters) and Attachment F (budget for proposed project) VI.TAX INCREMENT FINANCING A. Authorization to use TIF The attached City Council Resolution dated March 9, 1995 authorizes the City of Salem to use TIF in the Salem EOA (Attachment H). The City Council will vote on 6 GROOM CONSTRUCTION CO., INC. TIF Plan the Resolution authorizing the use of the TIF Plan for Groom Construction on March 22, 2007 and the resolution will be forwarded when executed. B. Amount of proposed tax increment exemptions from property taxes, and applicable criteria The attached spreadsheet (Attachment I) shows that the City estimates the tax benefit to total approximately $22,083 over five years. C. Maximum percentage of public project costs that can be recovered through betterment or special assessments in lieu of the incremental real estate taxes N/A D. TIF Exemption from property taxes 1. Term of exemption: 5 years 2. Calculation The base value of the condominium is $889,672,which is an apportioned value of the entire building at 96 Swampscott Road. The base tax bill is $18,977. The total value of the property after the renovation is projected to be $1,368,750,which is based on 95% of the purchase price plus 50% of the cost of real estate improvements. The increment in value is $479,078. The exemption plan works as follows: YEAR COMPANY PAYS 1 20% of increment,plus base tax 2 40% of increment, plus base tax 3 60% of increment, plus base tax 4 80% of increment, plus base tax 5 90% of increment, plus base tax 6 Taxed at full value E. Effective date of tax increment exemption July 1, 2007 (Fiscal Year 2008) F. Betterment of special assessments N/A 7 GROOM CONSTRUCTION CO., INC. TIF Plan VII. APPROVAL OF TAX INCREMENT FINANCING PROJECTS A. Approval Process The City Council was presented with the TIF Plans and corresponding resolutions on February 22, 2007. The Council referred the matter to a Committee that is meeting on March 19, 2007 to discuss the project. The Council is anticipated to approve the two resolutions accepting the Certified Project Application for the project and allowing the Mayor to enter into a TIF Agreement with the company at their meeting on March 22, 2007. The project will then require approval by the EACC, which is slated to meet to discuss the project on March 29, 2007. B. Person or Board authorized to execute TIF Agreements The Mayor executes the TIF Agreement, upon approval from the City Council. C. Evidence of local approvals of TIF zone Pending City Council approval on March 22, 2007. See Attachment J. D. Evidence of local approvals of TIF plan Pending City Council approval on March 22, 2007. See Attachment K. E. Executed TIF agreements (any and all) Pending City Council approval on March 22, 2007. See Attachment L. F. EACC approval of TIF plan Pending EACC approval on March 29, 2007. e 8 ATTACHMENT A General Location Map BEVERLY AND SALEM ECONOMIC TARGET AREA v Z t 1 P T 1 - lawurio ririlril mwfG `� u ,ten.,. s. ��+�n� ��y✓ �� �� f. BEVERL CITY OF SALEM SALEM / � t µI w n Mayor i amc.n.r on,.an 4 1�'✓ 4` l Map created $,FTGIS and Applied GeographiM1iq February 3007 FOR PLANNING PURPOSES ONLY 1 at ( OATH SOURCE S. RaamrmmCA,NSalom ? / � � e EriiromicTarpelFina r" yj Ease,County Towns A"ITACHMENT B Land Use and Zoning Map ATTACHMENT C Parcel Map (property lines, building footprint and all thoroughfares, public right of ways and easements) ATTACHMENT D Unit Deed l DOCU,,`,ENT NO. � SALEM COMMERCE PARK CONDOMINIUM UNIT DEED GRANTOR: 96 Swampscott Road, LLC, a Massachusetts limited liability company, having an address at 5 Corn Point Road, Marblehead, MA 01945 GRANTEE: Groom Realty LLC, a Massachusetts limited liability company, having an address at 324 Essex Street, Swampscott, MA 01907 UNIT: 6 0 r PERCENTAGE INTEREST: 13.1 _ = AREA: 21,870 sq. ft. U PARKING SPACES: 77 through 85, 86 through 95, and 98 through 113 E UNIT POST OFFICE ADDRESS: 96 Swampscott Road, Salem, Massachusetts 01970 a CONSIDERATION: $1,125,000.00 >r 0 U N d GRANTOR, owner of the UNIT described above in SALEM COMMERCE PARK CONDOMINIUM created by Master Deed dated April 24, 2006, and filed on April 27, 2006 a with the Essex South Registry District of the Land Court as Document Number 466707, and noted on Certificate of Title Number C-205000, as amended by the First Amendment to the Master Deed dated June 2, 2006, and filed on June 13, 2006, with said Registry District as Document Number 468416, in accordance with the provisions of G.L. c. 183A, grants the UNIT described above to GRANTEE with QUITCLAIM COVENANTS for the CONSIDERATION k stated above. The UNIT contains the AREA listed above and is laid out as shown on a plan filed herewith, which is a copy of a portion of the plans filed with the Master Deed and to which is affixed a verified statement in the form provided for in G.L. c. 183A, Section 9. The UNIT is conveyed together with the above-listed PERCENTAGE INTEREST (a) in the common areas and facilities of the Condominium, as described in the Master Deed, and (b) in SALEM COMMERCE PARK CONDOMINIUM TRUST, under Declaration of Trust dated April 24, 2006, and filed with the Essex South Registry District of the Land Court as Document Number 466708 and noted on Certificate of Title Number C-205000. The UNIT is to be used in accordance with the Master Deed only for commercial purposes to the extent permitted from time to time under the Zoning Ordinance of the City of Salem (the "Zoning p p --p II II G;'R4aovEo FOR Eais '! VI IIIIIIIIIIIIIuIIIuIIIIu BYTHECOUAT. 466688 (0206 000+) Btch:202396 Sou thorn Essex District Rsyistry pa 6 6/16/20,08 11:34 RM UDE50 4� /: fj/(( Law"), including all special permits and variances granted thereunder, and for no other purpose. No Unit shall be used for the storage of hazardous materials of any kind except in accordance with all applicable laws and regulations. The UNIT is conveyed together with the right and easement to the exclusive use of the thirty-five (35) numbered PARKING SPACES stated above and shown on the Site Plan recorded with the Master Deed, for the purpose of parking legally registered cars and trucks in regular use by Unit Owners, their employees, customers, visitors, guests and invitees during the existence of the Condominium. Such parking rights may be transferred,but only among the Unit Owners or to the Condominium Trust, by instrument duly filed in the Registry District, and shall end upon the permanent withdrawal of the premises from condominium status. Such parking rights shall be subject to the provisions and limitations set forth in section 5.1 of the Master Deed. Any transfer of a parking space to other than the Condominium Trustees or a Unit Owner, or lease of a parking space to other than the Condominium Trustees or a Unit Owner, in each case shall be void. 4 The GRANTEE acquires the UNIT with the benefit of, and subject to, the provisions of G.L. C. 183A, relating to condominiums, as that statute is written as of the date hereof and as it may hereafter be amended, the Master Deed and Condominium Trust referred to above and any by- laws and Hiles and regulations from time to time adopted thereunder, and all matters of record stated or referred to in the Master Deed as completely as if each were fully set forth herein; and subject to real estate taxes attributable to the UNIT which are not yet due and payable. EXECUTED UNDER SEAL this I a day of June, 2006. 96 SWAMPSCOTT ROAD, LLC By: J. Hil oc tt, Jr., Manager rl a Q �- By Jo h A Thibert, NlAager 7 pl � WUi OW � .... 468588 (P4ge 2 of 5) southern Essex Distriat Registry 6!1612006 11:34 Rn UDEED _x THE COMMONWEALTH OF MASSACHUSETTS C SS-cn i Suffv&, ss. On this 13"-day� of 2006,2006, before me, the undersigned notary public, personally 1+,in�.Jccr+?. appeared Teen, n,. tr h«h , Manager as aforesaid, proved to me through satisfactory evidence of identification, which was ❑ photographic identification with signature_issu�e by a federal or state governmental agency, ❑ oath or affirmation of a credible witness, impersonal knowledge of the undersigned, to be the person whose name is signed on the preceding or attached document, and acknowledged to me that he signed it voluntarily for its stated purpose as Manager of 96 Swampscott Road, LLC, a Massachusettsli 'tgd liability company. Gti f-,Zo13 Noa Pub My commission expires: P�4fIN yo/ J( Yom. ` , � J 488588 (Page 3 of 5) Southern Essex District Registry 8/18/2008 11:34 AM U0EE0 L T 0 �W in'o,a UNIT ss 1 5 a c UNIT U1IT rs, UNIT rJ ux •06 UNIT i2 A D "w 0 UNITV LIN IT 19 I,NR st m•� �5 m m�— a '�m BULGING KEY PLAN 10gd LEGEND AND NOTES ® DEPICTS COMMON AREA yC m ��`S.LEttED AR�, DEPICTS UNIT BOUNDARY UNIT#6 NMA } G � �.,� �y n, , DEPICTS MAIN ENTRANCE 21,970GSF s No. 3336 '� $ 3 MAR III SQUARE FOOTAGES SHOWN ARE APPROIOMATE, G — 4 -- pig MASS, �JyW ROUNDED TO THE NEAREST WHOLE. alUNIT f8 f. >N OF M�SS�` . UNIT#6, PLAN CERTIFICATION .,. . I HEREBY CERTIFY TMT THIS�PIAN'WAS�PREPARED M CONFORMITY WITH THE RULES AND REGULATIONS OFTHE REGIS FY OF DEEDS OF THE COMMONWEALTH OF MASSACHUSETTS. 3 I HEREBY CERTIFY THATrlAS PLAN SHOWS THE' NWDESFD iNATN OF*rw UNIT BEING CONVEYED AND OF IMMEDIATE ADJbNNG uaT5,AiNOTHA•T IT FULLY AND ACCURATELY DEPICTS THE LAYOUT OF THE UNIT,ITS LOCATION, DIMENSIONS,APPROIMATE AR' ,MAIN ENTRANCE AND IMMEDIATE COMMON AREA TO H IT HAS C S BUILT. / 06. 07. 06 William A.Yuhas R ' ered Architect Date: UNIT#7 UNIT PLAN FOR UNIT #6 SALEM COMMERCE PARK CONDOMINIUM 96 SWAWSCOTT ROAD,SALEM,MA 01970 0 15 30 60 r� I DATE: Ju 6.2005 Pegg 1 of 1 00 U � CD , ^ U b rz >LLI f- W U� Q w 468688 IPao� 6 of 61 Southern Essex District Registry \ -- 6/18/2008 11:34 RM UOEED ATTACHMENT E Funding Commitments MAR-12-2007 MON 1129 AM DANVERSBANK FAX NO. 9787770638 P. 01 { o.,,,'VDanversbank 4iN-ii7-'TUU • „„w.dnnrcrsLanl<.cnm May 26,2006 Mr.Thomas Groom David Groom Groom Construction Co., Inc. Swampscott, MA 01907 Dear Tom and Dave: We are pleased to advise you that Danversbank(the Bank)has approved the following financing arrangement for Groom Construction Co., Inc.,and a yet to be named real estate entity(the Borrower) subject to the following terms and conditions: Commercial Real Estate Morteaee Borrower: Nominee entity Amount: $1,900,000 Purpose: Finance the acquisition of commercial condominium unit #6 located at 96 Swampscott Road, Salem, MA and provide funds to build out the facility according to specifications together with your investment of$1,200,000 to finish the new facility. Term: Term of the construction period will be the earlier of 6 months from closing or completion of construction. Mortgage term will not exceed 20 1/2 years from the date of closing. Principal payments will begin immediately following construction period and will be amortized over 20 years. Repayment: Monthly payments during the construction term will be of interest only for the first 6 months then followed by monthly payments of principal and interest for the mortgage term. Rate: Fixed at time of closing to the Federal Home Loan Bank 5/20 amortizing advance rate plus 200 basis points for the first 5 1/2 years followed by three subsequent five-year adjustments to the then Federal Home Loan Bank 5/20 amortizing advance rate plus 200 basis points. Advances: The Bank will advance 80% of the acquisition price at closing and will make construction advances based on an approved budget to be submitted by the Borrower, L> well as terms outlined in the Construction Loan Agreement to be delivered at a later date. MAR-12-2007 MON 11 :30 AM DANVERSBANK FAX NO. 9787770638 P. 02 Prepayment: The following prepayment penalty will apply only if the loan is paid out by another financial institution: Payments will he applied in inverse order of maturity; t —3% of the loan balance; years 2—2%of the loan balance; year 3 — I% of the loan balance; years 4— I% of the loan balance; and year 5 - I% of the balance,recurring at each subsequent rate adjustment period. Underwriting: The above commercial loan shall conform to the Bank's underwriting criteria at the time of closing, including the satisfactory review of 21E and real estate appraisals. Maximum loan to value of"as completed"value of the property shall not exceed 80%. Collateral: Valid first mortgage and assignment of leases and rents on unit #6 at 96 Swampscott Road, Salem,MA containing approximately 31,400 square feet. Guarantor: Thomas Groom, David Groom and Groom Construction Co., Inc. Appraisal: At the Borrower's expense,an appraisal of the collateral to be pledged as security will be performed before closing to determine the market value of the property on an "as is"and an"as to be completed"basis. Surveys: At the Borrower's expense, 21 E Hazardous Waste Site Assessment Report will be submitted before closing satisfactory to the Bank and Bank's counsel, indicating that the site is free from hazardous waste. Zoning and Other Matters: The Bank shall be provided with proper evidence acceptable to Bank's counsel that the buildings on the Mortgaged Premises comply in all material respects with all applicable building, sewerage, zoning, environmental protection, sanitary and safety laws,rules and regulations. Title and Documents: The Borrower shall execute all such documents, agreements or other instruments as the Bank or Bank's counsel shall request in conjunction with this transaction each in form and substance satisfactory to Bank and Bank's counsel. The Bank is to be furnished with a title insurance policy on mortgage properties in the amount of the Bond containing no exceptions (other than those approved by the Bank and counsel to the Bank) in a company or companies acceptable to the Bank and Bank's counsel. Insurance: Borrower shall provide Bank with liability, hazard and contents insurance in an aggregate sum equal to the lesser of the outstanding loan balances from time to time or the maximum insurable value thereof, naming Bank as loss payee and mortgagee as the case may be. Flood Insurance: The Borrower authorizes the Bank to research whether or not the Mortgage Premises is located in the HUD-FHA designated flood area. If the determination has been made that the Mortgaged Premises is located in the HUD-FHA designated flood area, the Mortgaged Premises must be insured by a flood insurance policy in the amount of the Loan,or the maximum coverage limit, whichever is less. Borrower agrees to pay flood certification fees of$12. 2 MAR-12-2007 MON 11 :30 AM DANVERSBANK FAX NO. 9787770638 P. 03 Legal Fees: The borrower will be responsible for all legal fees associated with this arrangement. Late Charge: The Borrower shall pay a late charge equal to five (5.001/6) percent of any payment with a minimum late charge of $35. for any payment not received within ten (10)days of the due date thereof. Tax Escrow sad Fee: At Bank's option,the Borrower shall deposit with Bank monthly such amounts as may be necessary to pay the real estate taxes assessed or estimated with respect to Swampscott Rd on a current basis. The Borrower agrees to pay a tax service escrow fee of$235 at closing whether or not the Lender actually collects such an escrow since the service provides the Bank with periodic reports relative to property tax status. Opinion of Counsel: There shall be furnished to Bank an opinion of counsel to the Borrower dealing with such matters as the Bank or Bank's counsel may request relating to the Borrower,the loan documents,and the various terms and conditions provided herein. Such opinion shall be in form and substance satisfactory to Bank and Bank's counsel. Conditions Precedent: Unless otherwise indicated,the conditions provided for herein are conditions precedent to the Bank's obligation to enter into the Loan transactions and disburse any funds thereunder. In order to facilitate the Bank's review of the material necessary to evidence the compliance with such conditions, the Borrower agrees to deliver any and all material required hereunder to Bank or Bank's counsel at least ten(10)days before the closing. Costs: Whether or not the transaction herein contemplated is completed for any reason whatsoever, the Borrower will pay all costs which may be incurred by Bank in connection with the within transaction, including without limitation, all costs of filing fees and fees of Bank's counsel, so that Lender shall bear no expenses whatsoever in connection with this commitment and the Loans contemplated hereby. In the event that Bank is made or becomes a party to any litigation arising out of this commitment,Borrower agrees to pay Bank's court costs and attorneys'fees in connection with such litigation through and including the cost of any appeals; provided, however, in the event such litigation is between the Borrower and the Bank,the Borrower shall have no obligation to pay said costs incurred by the Lender if there is a final judicial determination in favor of the Borrower. In any such litigation, Bank shall have the right to select its own counsel, The obligations of the Borrower under this paragraph shall survive the expiration,cancellation or termination of this commitment, and the closing of the Loans. Scope of Commitment: This commitment sets forth the entire agreement of the parties with respect to the subject matter hereunder, and supersedes all prior written (including, but not limited to, any loan application executed in connection with the Loans)or oral understandings with respect hereto; provided, however,that all representations, warranties and certifications in any manner made by Borrower to the Bank with respect to the subject matter hereunder shall survive the execution of this commitment. No modification or waiver of any provision of this commitment 3 MAR-12-2007 MON 11 31 AM DANVERSBANK FAX NO. 9787770638 P. 04 shall be effective unless the same shall be in writing and signed by the parties hereto. This proposal is further subject to the following: 1.Reporting: The Borrower and Guarantors shall be required to provide financial information on an annual basis including financial statements and tax returns prepared by an independent certified public accountant acceptable to the Bank within ninety (90) days after the close of each fiscal year. 2. Covenants: While the credit arrangements remain in effect,the Borrower will be required to maintain the following: a. Borrower to maintain its primary deposit relationship with the Bank. b. Maintain a minimum global debt service coverage ratio of 1.25xas measured at FYE. 3. Insurance: The Borrower shall maintain in effect at their own expense all hazard insurance required by the Bank with the Bank named as loss payee. Tom and Dave,we are pleased to provide this financing arrangement and I personally look forward to working with you both. If the above commitment meets with your approval please sign where appropriate and return the original to me. Yours ry trul Frank P. Roma Senior Vice esident This signature page is an integral Part of the commitment letter dated May 16,2006. Agreed to and accepted this _day of 2006. Thomas Groom David Groom 4 ATTACHMENT F Project Budget APPLICATION AND CERTIFICATION FOR PAYMENT AIA DOCUMENT G702 PAGE ONE OF PAGES TO OWNER: GROOM REALTY LLC PROJECT: 96 Swampscott Rd APPLICATION NO: Distribution to: 324 Essex Street OWNER Swampscott,MA 01907 �DANVERS BANK PERIOD TO: FROM CONTRACTOR: VIA ARCHITECT: Groom Construction Co.,Inc. 324 Essex Street PROJECT NOS: Swampscott,MA 01907 CONTRACT FOR: CONTRACT DATE: CONTRACTOR'S APPLICATION FOR PAYMENT The undersigned Contractor certifies that to the best of the Contractors knowledge, Application is made for payment.as shown below,in connection with the Contract. information and belief the Work covered by this Application for Payment has been Continuation Sheel,AIA Document G703,is attached. completed in accordance with the Contract Documents,that all amounts have been paid by the Contractor for Work for which previous Certificates for Payment were issued and payments received from the Owner,and that current payment shown herein is now due. I. ORIGINAL CONTRACT SUM $ 724,000.00 2. ADDITIONAL FUNDS $ 0.00 CONTRACTOR: Groom Construction Co.,Inc. . 3. CONTRACT SUM TO DATE(Line 1 t 2) $ 724,000.00 4. TOTAL COMPLETED&STORED TO $ 0.00 DATE (Column G on G703) By: Date: 5. RETAINAGE: a. %of 50%Completed Work $ State of County of: (Column D+E on G703) Subscribed and swom to before me this day of b. %of Balance of Contract $ Notary Public: (Column F on G703) My Commission expires: Total Retainage(Lines 5a+5b or Total in Column I of G703) $ 0.00 ARCHITECTwS CERTIFICATE FOR PAYMENT 6. TOTAL EARNED LESS RETAINAGE S 0.00 In accordance with the Contract Documents,based on on-site observations and the data (Line 4 Less Line 5 Total) comprising the application,the Architect certifies to the Owner that to the best of the 7. LESS PREVIOUS CERTIFICATES FOR Architects knowledge,information and belief the Work has progressed as indicated, PAYMENT(Line 6 from prior Certificate) $ $0.00 the quality of the Work is in accordance with the Contract Documents,and the Contractor 8. CURRENT PAYMENT DUE $ 0.00 is entitled to payment of the AMOUNT CERTIFIED. 9. BALANCE TO FINISH,INCLUDING RETAINAGE S 0.00 (Line 3 less Line 6) AMOUNT CERTIFIED...........$ CHANGE ORDER SUMMARY ADDITIONS DEDUCTIONS (Attach explanation if amount certified d ffers from the amount applied.Initial all figures on this Total changes approved Application and onthe Continuation Sheer that are changed to conform with the amount certified.) in previous months by Owner ARCHITECT: Total approved this Month By: Date: TOTALS $0.00 $0.00 This Certificate is not negotiable. The AMOUNT CERTIFIED is payable only to the Contractor named herein.Issuance,payment and acceptance of payment are without NET CHANGES by Change Order $0.00 prejudice to any rights of the Owner or Contractor under this Contract. AIADOCUMENTGra] APPtIcATION ANDCERTIFICATION FOR PAYMENT 1992EMON AN M992 THE AMERICAN INSTRUTE OF MCHRECTS.17M NEW YORK AVE..N.W.WASHINGTON,OC 200065292 Users may obtain validation of this document by requesting a completed AIA Document D401 -Certification of Document's Authenticity from the Licensee. CONTINUATION SHEET AIA DOCUMENT c 703 PAGE OF PAGES AIA Document G702,APPLICATION AND CERTIFICATION FOR PAYMENT,containing: APPLICATION NO:' 1 contractor's signed certification is attached. APPLICATION DATE: 09/20106, In tabulations below,amounts are stated to the nearest dollar. PERIOD TCF: 02/28/07, Use Column 1 on Contracts where variable retainage for line items may apply. ARCHITECTS PROJECT NO:'. A B D E F G H 1 .. ITEM DESCRIPTION OF WORK SCHEDULED WORK COMPLETED MATERIALS TOTAL % BALANCE RETAINAGE NO. " -" _ - - _ VALUE FROM PREVIOUS THIS PERIOD PRESENTLY- COMPLETE6 _ (G tC) REMAINING INVOICES_ _- STORED AND STORED - ON BUDGET (D+E) (NOT OJ TO DATE _ DORE) (D+E+F)'-_. . o1-999 Internal Labor 40,000 0 0 0 _ 0 _ W300 Carpentry Labor&Materials _15,000 _0 0 0 0 os-zoo Interior Doors&Windows 33,000 0 _ 0 -0 - -0 o9-061 Drywall&Piaster _ ..184,000 _. .._ 0 _ . _. ._0 _ ._ U .. . _ 0- 09.300 Flooring 20,000 _- 0 0 _._ _ 0 __ 0 o9410 Painting 15,000 0 0 0 0 - ov-s00 Acoustical Ceilings _ 33,000 0 - 0 0 0 ,14.020 Elevator 48,000 0 0 0 0 _ 15-010 Plumbing 31,000 0 0 0 0 Is-too HVAC 116,000 0 0 0 0 15-300 Sprinkler System - 37,000 0 0 0 0 i6-too Electrical -_ 58,000 0 _ 0 0 0 _ N-too Masonry, 22,000 0 0 --. 0 05-100 Structual Steel 73,000 0 0 0 0 _ GRAND TOTALS $725,000 $0I Sol so so Eo So Users may obtain validation of this document by requestingof the license a completed AIA Document D401 -CertiBeation of DoeumenYs Authenticity ATTACHMENT G Construction Plans ¢O ®® Ou O O O DNArcMtect � p STORAGE saor wsv.xxzwev p �wlbl x�y Olo{ O y Yx ON wSSNEwAx h V O. § LUNCH 9 GYM uax - ILL.lW or/xme 1S ROOM „. 79 o+rorae I wones ianx O k LEASE WAREHOUSE e � T1fo • � � ...: v..�: 46Y6 NV1FM ,EN fNll F . r j� vi -•�. DANCE STUDIO I O' ;L STUDD B O p _n-:. moovaafmvcraww STUDp A GROOM OFFICE "®••^,•^••• nv. CONF ____ .. '..• O CONSTRUCTION CO i m ]N ESYI SnEET OFFICE 'OFFICE OFFICE .OFFICE FIl I WSJ! rT wOl�f ev �e'r r.r �i.r' ex i—�z r.I-. rx u.r ea• f•a' 1z u•xamu , FIRST FLOORFLAN ARTITION TYPES LEGEND /e•.,a• xou uno:e�snnsmsv ls-a. s/e•erw.a .�_ _ ❑ �:v� .�... n slx.ssnwro us.rsou wnn wwe. ,� _ _ Ma•,.. G.A MIFY'.6'fR6fiW5.14'-o"f/e' }4d FIRST FLOOR PLANA2. 1 d61[edfAlgMMlif wYrm:6'sr[E111101.X6.0[..S/e'CM IXN � � �--+ :.nnoe roux a°oaamoeca us.-!. s4sse ln�.Ia _ _ _ '� wnc eeunmxe.ns NOTE: DIMENSIONS TO FACE OF FINISH(GWS)AND TO CENTER LINES L ww.rm:>s/r san snmeu'oc,s/e�uwe ��_NI ���-- crosmcn°ee loe�w.eeove s°sx.evn avc. p m -` warc rwx.raxuns _ o t G b m p.11ae.�wara 000N wnwae ZLOW ry — INl�.o •� ea L i3YlM O>/ia/06 YN 1{N ` O M1 n s �wnoa M.mfOM IMaM 9 I.+i rtvN[ON.N �1�1.Na I I I I I I I I I I I I I I I usfxuua n. O4 I I I I I anowm�i`u°Ai m. GROOM CONSTRUCTION CO — I Sig f33£X SIPFFT SW.YIYOTf IM 0190) P. A O ® _ SECOND FLOOR PIAN ose la-oc.va-cvn.e m oe eaof oecN.eat. .... es c is-a-ve-asYa ucx +wolvHF.Blvf. x. s,eewa.euw SECOND FLOOR PLAN A2.2 m roor ow Neove. y, acuu vrn'-0- NOTE: OWENSIONS TO FACE OF RNSN(GWB)AND TO CENTER LINES e 'u�sfo rux o e o � A c■� ia■; poi o'■ o■i-. o��i�®0 ,0■; o■ ®a'T"�'+�u*= 'H-+",swa, a^+ f�^R �31a�mY ����lo����,����� � ■®.���y�� I����a�.�s���'d O m 0 m O ® O O © O © O �� a £?4E ATTACHMENT H City Council Resolution dated March 19, 1995 authorizing the City of Salem to use TIF in Salem EOA i RESOLUTION AUTHORIZING THE USE OF TAX INCREMENT FINANCING IN THE SALEM ECONOMIC OPPORTUNITY AREA WHEREAS,-the City of Salem is part of the area designated the Beverly & Salem Regional Economic Target Area and the Salem Economic Opportunity Area; WHEREAS,there is strong support for economic development and the use of Tax Increment Financing as an economic development tool to create jobs and encourage business expansion and relocation to the City of Salem; NOW THEREFORE BE IT RESOLVED by the City Council of the City of Salem that: (1) Tax Increment Financing may be used as a tool to encourage economic development within the Salem Economic Opportunity Area. (2) The Mayor is hereby authorized to execute and implement Tax Increment Financing agreements. Adopted this ta/ day of 19 by the Salem City Council at a regular City Council meeting with a quorum present. Neil J. Harrington, Mayor Date ATTEST: GG 1 Deborah E. Burkinshaw, City Clerk SEAL ' ATTACHMENT I TIF Plan Spreadsheet Estimated Value of EDIP Local Tax Incentives for Groom Construction Municipal Tax s r, %" rolecte nnua ', TExempted xempte Total Yearly Values FY, Rete Per Incremental ' Property Tax Bill(or TIF/STA Yearly . Annual r TiTexes otal' Pard m Annual Pro rt '- c^ hof Lowl Tax a ease Tax Bill;ro k • . r h r . =Assessed Value'; ncremental a _, Exem Personals s Each Year Tt10Usand P,ke -: a •-Ic a aP }'8+*^rY zi 'Taxes a`;a ``9e��'� 3`.w„_ .ASSe56ed VelUe=�' ,'”,- s r..v?:c�".�,.,s ,.�#'� ac^sem -.�?.Pr4a"'rt � X ,� m. c,.:s;>.m3 b`�'i.4 �3, � • u k`"a ,�";�w.+ 2008 $21.33 $479,078.00 $10,218.73 0.8 $8,174.99 $0.00 $8,174.99 $18,977.00 $21,020.75 2009 $21.33 $491,054.95 $10,474.20 0.6 $6,284.52 $0.00 $6,284.52 $18,977.00 $23,166.68 2010 $21.33 $503,331.32 $10,736.06 0.4 $4,294.42 $0.00 $4,294.42 $18,977.00 $25,418.63 2011 $21.33 $515,914.61 $11,004.46 0.2 $2,200.89 $0.00 $2,200.89 $18,977.00 $27,780.57 2012 $21.33 $528,812.47 $11,279.57 0.1 $1,127.96 $0.00 $1,127.96 $18,977.00 $29,128.61 2013 $21.33 $542,032.78 $11,561.56 0 $0.00 $0.00 $0.00 $18,977.00 $30,538.56 'Assumes annual increase of 2.5%in assessed property values* TOTALS $22,082.78 $0.00 $22,082.78 $113,862.00 $157,053.80 Base Value FY06 $ 889,672 Purchase Price $ 1,125,000.00 Value After Building Renovation' $ 1,368,750 Cost of Improvements $ 600,000.00 Increment in Value $ 479,078 Total Investment $ 1,725,000.00 'Value determined by taking 95%of purchase price(1,068,750)plus 50%of cost of RE improvements(300,000) Estimated State and Municipal Tax Benefits Estimated Value of Esirmated Value ofx State s 1 %ABTD'. [Total Estimated Value of Local + Total}Value of In`centivesY State s'S%.EOA ITCTaz Incentives nc _ a .� ,#vertY.b x.'nL $86,250.00 $0.00 $22,082.78 $108,332.78 ITC is calculated by Multiplying the Certified Project's Private Investment Number by.05(1,125,000+600,000= 1,725,000) The value of the 10%ABTD, if applicable,should be determined by the Company's Tax Professionals. ATTACHMENT J City Council Resolution 1 — Authorizing Certified Project Application RESOLUTION 1 AUTHORIZING CERTIFIED PROJECT APPLICATION OF GROOM CONSTRUCTION CO., INC. WHEREAS, Groom Construction Co., Inc. has applied for designation as a Certified Project under the Massachusetts Economic Development Incentive Program created by Chapter 23A of Massachusetts General Laws; WHEREAS, there is strong support for economic development and the use of Tax Increment Financing as an economic development tool to create jobs and encourage business expansion and relocation to the City of Salem; WHEREAS, Groom Construction Co., Inc. meets the minimum standards of the Economic Development Incentive Program and the local economic development goals and criteria established as part of the documents creating the Beverly & Salem Regional Economic Target Area and the Salem Economic Opportunity Area; WHEREAS, the proposed certified project is located at 96 Swampscott Road, Unit 6. The legal description of this property is as follows and is within the boundaries of the Salem Economic Opportunity Area: That property situated in Salem in the County of Essex and Commonwealth of Massachusetts, described as follows: 96 Swampscott Road, Salem, Massachusetts, Unit 6, described in the UNIT DEED dated June 13, 2006 and filed on June 16, 2006 with the Essex South Registry District of the Land Court as Document Number 468588. The Unit is located in SALEM COMMERCE PARK CONDOMINIUM created by Master Deed dated Apri124, 2006 and filed on April 27, 2006 with the Essex South Registry District of the Land Court as Document Number 466707, and noted on Certificate of Tide Number C-205000, as amended by the First Amendment to the Master Deed dated June 2, 2006 and filed on June 13, 2006 with said Registry District as Document Number 468416, and as further amended by the Second Amendment to the Master Deed dated August 1, 2006, and filed on August 4, 2006 with said Registry District as Document Number 470286, and by the Third Amendment to the Master Deed dated September 12, 2006 and filed on September 22, 2006 with said Registry District as Document Number 471780, in accordance with the provisions of G.L. c. 183A. The UNIT contains the AREA listed in the UNIT DEED and is laid out as shown on the plans filed with the Master Deed and to which is affixed a verified statement in the form provided for in G.L. c. 183A, Section 9. WHEREAS, the City of Salem has agreed to offer Groom Construction Co., Inc. a Tax Increment Financing Agreement; k Pending 00 CouncilApprowl r WHEREAS, Groom Construction Co., Inc. will invest approximately $1,725,000 to construct a new manufacturing space and will retain 71 jobs and create 28 new permanent, full-time jobs for residents of the Beverly & Salem Regional Economic Target Area and the City in 5 years. NOW THEREFORE BE IT RESOLVED that the Salem City Council approves the Certified Project application of Groom Construction Co., Inc. and forwards said application for certification to the Massachusetts Economic Assistance Coordinating Council for approval and endorsement. Adopted this _day of March,2007 by the Salem City Council at a regular City Council meeting with a quorum present. Date: Kimberly Driscoll, Mayor ATTEST: Cheryl LaPointe, City Clerk SEAL Pending City CounalAppmia! i ATTACHMENT K City Council Resolution 2 — Authorizing a Tax Increment Financing Agreement r RESOLUTION 2 AUTHORIZING A TAX INCREMENT FINANCING AGREEMENT FOR GROOM CONSTRUCTION CO., INC. WHEREAS, the City of Salem is part of the area designated the Beverly & Salem Regional Economic Target Area and the Salem Economic Opportunity Area; WHEREAS, the Mayor of the City of Salem has prepared a Tax Increment Financing Agreement in accordance of Chapter 40 and 751 CMR 11.00; WHEREAS, there is strong support for economic development and the use of Tax Increment Financing as an economic development tool to create jobs and encourage business expansion and relocation to the City of Salem; WHEREAS, there is strong support for using Tax Increment Financing to encourage the relocation of Groom Construction Co., Inc. to the City of Salem and renovation of 96 Swampscott Road, Unit #6, the property owned by Groom Realty LLC and leased to Groom Construction Co., Inc.; WHEREAS, this property is located in the Salem Economic Opportunity Area; NOW THEREFORE BE IT RESOLVED by the Salem City Council that: (1) The Tax Increment Financing Agreement be adopted as it has been substantially submitted to the City Council. A copy of said Tax Increment Financing Agreement is attached as Exhibit A, and made a part of this Resolution. (2) The area to be designated as a Tax Increment Financing Zone is: That property situated in Salem in the County of Essex and Commonwealth of Massachusetts described as follows: 96 Swampscott Road, Salem, Massachusetts, Unit 6, described in the UNIT DEED dated June 13, 2006 and filed on June 16, 2006 with the Essex South Registry District of the Land Court as Document Number 468588. The Unit is located in SALEM COMMERCE PARK CONDOtNIINIUM created by Master Deed dated April 24, 2006 and filed on April 27, 2006 with the Essex South Registry District of the Land Court as Document Number 466707, and noted on Certificate of Title Number C-205000, as amended by the Fust Amendment to the Master Deed dated June 2, 2006 and filed on June 13, 2006 with said Registry District as Document Number 468416, and as further amended by the Second Amendment to the blaster Deed dated August 1, 2006, and filed on August 4, 2006 with said Registry District as Document Number 470286, and by the Third Amendment to the .Master Deed dated September 12, 2006 and filed on September 22, 2006 with said Registry District as Document Number 471780, in accordance with the provisions of G.L. c. 183 \. Pending City Councils Ipproval VS The UNIT contains the AREA listed in the UNIT DEED and is laid out as shown on the plans filed with the Master Deed and to which is affixed a verified statement in the form provided for in G.L. c. 183A, Section 9. (3) A map of the Tax Increment Financing Zone is hereby attached as Exhibit B and made a part of this Ordinance. (4) The Tax Increment Financing Agreement shall be binding on all subsequent owners of the property in the Tax Increment Financing"Zone. The City of Salem reserves the right to review and renegotiate the Tax Increment Financing Agreement if the business activity ceases to be fully operational during the life of the Tax Increment Financing Agreement, as specified in the Tax Increment Financing Agreement. (5) A copy of the adopted Tax Increment Financing Agreement shall be forwarded to the Massachusetts Economic Assistance coordinating Council for its approval. (6) The effective date of the Tax Increment Financing Agreement shall be July 1, 2007 or the date which the Tax Increment Financing Agreement is approved by the Massachusetts Economic Assistance Coordinating Council, whichever is later. (7) The Mayor is hereby authorized to execute and implement the Tax Increment Financing Agreement. Adopted this day of_day of March, 2007 by the Salem City Council at a regular City Council meeting with a quorum present. Date: Kimberly Driscoll, Mayor ATTEST: Cheryl Lapointe, City Clerk SEAL EXHIBIT A: Tax Increment Financing Agreement ESFIIBI"I' B: Map of"fax Increment Financing Zone Pending GO Corn al Approval EXHIBIT A TAX INCREMENT FINANCING AGREEMENT CITY OF SALEM, MASSACHUSETTS and GROOM CONSTRUCTION CO., INC. This agreement is made this_day of March, 2007, by and between the CITY OF SALEM,a municipal corporation duly organized under the laws of the Commonwealth of Massachusetts, having a principal place of business at City Hall, 93 Washington Street, Salem, Massachusetts, 01970, acting through the Mayor, Kimberley Driscoll, (hereinafter called "the CITY"),and GROOM CONSTRUCTION CO., INC., a Massachusetts corporation,with a principal place of business at 324 Essex Street, Swampscott, MA 01907 (hereinafter called "the COMPANY"). This Agreement will take effect as of July 1, 2007 (Fiscal Year 2008). WHEREAS, the COMPANY wishes to locate a manufacturing business at 96 Swampscott Road, Unit 6 in Salem; and WHEREAS, the CITY is willing to grant tax concessions in return for guarantee of the renovation of this distressed property and the creation of employment opportunities for local workers; and WHEREAS, the Salem City Council resolved on March_, 2007, to allow the use of Tax Increment Financing as a tool to encourage economic development within the Salem Economic Opportunity Area; and WHEREAS, the Salem City Council resolved on March , 2007 to endorse the Tax Increment Financing Plan negotiated by the CITY and the COMPANY. NOW,THEREFORE,in consideration of the mutual promises contained herein, the parties do mutually agree as follows: A. THE COMPANY'S OBLIGATIONS 1. The COMPANY shall renovate Unit 6 at 96 Swampscott Road in Salem: "The ` FACILITY" as used herein means 96 Swampscott Road, Unit #6 containing 21,870 square feet to be renovated; that is improvements to the unimproved unit as of the date of this agreement. 2. During the life of this agreement, if the COMPANY decides to sell the FACILITY or the business or to otherwise transfer control of the FACILITY or business and/or operations thereof, the COMPANY shall give the CITY at least three months notice of said sale or transfer. Said notice shall be given by certified mail, return receipt requested, to the Mayor, City Hall, 93 Washington Street, Salem, Massachusetts, 01970. 3. THE CITY'S OBLIGATIONS 1. The CITY shall grant a tax increment financing exemption to the COMPANY in accordance with Massachusetts General Laws, Chapter A, Section 3E, Chapter 40, Pending 00 Canna!Approval Section 59, and Chapter 59, Section 5. Said exemption shall be granted on the improvements to the FACILITY. Said exemption shall be valid for a period of five (5) years,beginning with fiscal year 2008 Quly 1, 2007) and ending with fiscal year 2012. During each year of this agreement, the COMPANY will pay taxes based on the apportioned value of the current value for 96 Swampscott Road, on the unimproved unit owned by the COMPANY, as of the date of this agreement (the base tax bill) and on that portion of the value of the FACILITY which is not exempt under the agreement. 2. The exemption schedule on the value of the FACILITY works as follows: The full value of improvements to the FACILITY is hereinafter called"the INCREMENT". For the first year, the COMPANY will pay taxes on 20% of the full value of the INCREMENT, plus the base tax bill. In year two, the COMPANY will pay taxes on 40% of the full value of the INCREMENT,plus the base tax bill. In year three, the COMPANY will pay taxes on 60% of the full value of the INCREMENT,plus the base tax bill. In year four, the COMPANY will pay taxes on 80% of the INCREMENT,plus the base tax bill. In year five, the COMPANY will pay taxes on 90% of the INCREMENT, plus the base tax bill. In year six, the COMPANY will pay taxes on the full value of the FACILITY. C. OTHER CONSIDERATIONS 1. This Tax Increment Financing Agreement shall be binding on all subsequent owners of the property. The City of Salem reserves the right to review and renegotiate the Tax Increment Financing Agreement if the business activity ceases to be fully operational during the life of the Tax Increment Financing Agreement. 2. If the COMPANY decides to expand the facility at any time during the life of the Tax Increment Financing Agreement, the CITY and the COMPANY may renegotiate the Tax Increment Financing Agreement to exempt all or part of the value of the expansion from property taxes. The exact amount of that exemption will be determined at the time of expansion. Executed as a sealed instrument on the day and year fust above written. CITY OF SALEM GROOM CONSTRUCTION CO., INC. Kimberley Driscoll, 'Mayor David Groom Pending 00 Cnnnal Approval TAX INCREMENT FINANCING ZONE GROOM CONSTRUCTION � 10, 96 SWAMPSCOTT ROAD UNIT #6 SALEM, MA VJ N-14 a ♦� V� P a i � - �' :'sem R"' 4`� „e a- �� . �6�yP 4�, r ' �� � � i 'r^� 't. •.. ,:y- y "a � At'° r«§s r:. '9�V a Y �, x1 t� 'R \•'A \ 4 n .ted �t"w. r' T tA� Y {,e•l. ,{mss"� 1 . ell CITY OF SALEM mayor Rimben.r a ae I90 aeo y� s Feet f `� {•s Map Heated by SalemGlS and Applied Geo9rapnirs,Febmar,2007 FOR PLANNING PURPOSES ONLY OATHSOURCES COY OISabm qT.— 0 T EO Manes and Wahr lmm MaaaGIS am ® •t se s:.-amoamn na P.rrel k Tx. ••y 5 ra Sued"oudn IA4� I b Q P wpgt L .• ayty' 'c"" Roay`' = S. Ewen ten. > t '! i rcA'4- ,t's'Td . +4N& ATTACHMENT L Tax Increment Financing Agreement TAX INCREMENT FINANCING AGREEMENT CITY OF SALEM, MASSACHUSETTS and GROOM CONSTRUCTION CO., INC. This agreement is made this_day of March, 2007, by and between the CITY OF SALEM, a municipal corporation duly organized under the laws of the Commonwealth of Massachusetts, having a principal place of business at City Hall, 93 Washington Street, Salem, Massachusetts, 01970, acting through the Mayor, Kimberley Driscoll, (hereinafter called"the CITY', and GROOM CONSTRUCTION CO., INC., a Massachusetts corporation,with a principal place of business at 324 Essex Street, Swampscott, MA 01907 (hereinafter called "the COMPANY"). This Agreement will take effect as of July 1,2007 (Fiscal Year 2008). WHEREAS, the COMPANY wishes to locate a manufacturing business at 96 Swampscott Road, Unit 6 in Salem; and WHEREAS, the CITY is willing to grant tax concessions in return for guarantee of the renovation of this distressed property and the creation of employment opportunities for local workers; and WHEREAS, the Salem City Council resolved on March 2007, to allow the use of Tax Increment Financing as a tool to encourage economic development within the Salem Economic Opportunity Area; and WHEREAS, the Salem City Council resolved on March 2007 to endorse the Tax Increment Financing Plan negotiated by the CITY and the COMPANY. NOW,THEREFORE,in consideration of the mutual promises contained herein, the parties do mutually agree as follows: A. THE COMPANY'S OBLIGATIONS 1. The COMPANY shall renovate Unit 6 at 96 Swampscott Road in Salem. "The FACILITY" as used herein means 96 Swampscott Road, Unit #6 containing 21,870 square feet to be renovated; that is improvements to the unimproved unit as of the date of this agreement. 2. During the life of this agreement, if the COMPANY decides to sell the FACILITY or the business or to otherwise transfer control of the FACILITY or business and/or operations thereof, the COMPANY shall give the CITY at least three months notice of said sale or transfer. Said notice shall be given by certified mail, return receipt requested, to the Mayor, City Hall, 93 Washington Street, Salem, Massachusetts, 01970. 3. THE CITY'S OBLIGATIONS 1. The CITY shall grant a tax increment Financing exemption to the COMPANY in accordance with Massachusetts General Laws, Chapter A, Section 3E, Chapter 40, Section 59, and Chapter 59, Section 5. Said exemption shall be granted on the improvements to the FACILITY. Said exemption shall be valid for a period of five (5) Pending Cdy Caunal,'Ippmuud years, beginning with fiscal year 2008 Quly 1, 2007) and ending with fiscal year 2012. During each year of this agreement, the COMPANY will pay taxes based on the apportioned value of the current value for 96 Swampscott Road, on the unimproved unit owned by the COMPANY, as of the date of this agreement (the base tax bill) and on that portion of the value of the FACILITY which is not exempt under the agreement. 2. The exemption schedule on the value of the FACILITY works as follows: The full value of improvements to the FACILITY is hereinafter called "the INCREMENT". For the fust year, the COMPANY will pay taxes on 20% of the full value of the INCREMENT, plus the base tax bill. In year two, the COMPANY will pay taxes on 40% of the full value of the INCREMENT, plus the.base tax bill. In year three, the COMPANY will pay taxes on 60%of the full value of the INCREMENT,plus the base tax bill. In year four, the COMPANY will pay taxes on 80% of the INCREMENT, plus the base tax bill. In year five, the COMPANY will pay taxes on 90% of the INCREMENT, plus the base tax bill. In year six, the COMPANY will pay taxes on the full value of the FACILITY. C. OTHER CONSIDERATIONS 1. This Tax Increment Financing Agreement shall be binding on all subsequent owners of the property. The City of Salem reserves the right to review and renegotiate the Tax Increment Financing Agreement if the business activity ceases to be fully operational during the life of the Tax Increment Financing Agreement. 2. If the COMPANY decides to expand the facility at any time during the life of the Tax Increment Financing Agreement, the CITY and the COMPANY may renegotiate the Tax Increment Financing Agreement to exempt all or part of the value of the expansion from property taxes. The exact amount of that exemption will be determined at the time of expansion. Executed as a sealed instrument on the day and year fust above written. CITY OF SALEM GROOM CONSTRUCTION CO., INC. Kimberley Driscoll, Mayor David Groom Peirrliirg City Corureil Approval I r � a John Walsh Plumbing & Heating 209 Somerset Avenue Winthrop,MA 02152 Master License# 11523 (617) 846-6997 (617) 846-0367 fax Invoice Groom Office 96 Swampscott Rd Salem, Ma Requisition for work completed at 96 Swampscott Rd. Labor $10,570.00 Stock $4,716.00 Total $15,286.00 COMMIT !OC+ ^STCODE AMOUNT (7lC ; i L.__ A " _'ED BILLING ENTERED -- -- ""` 1 /61433/761 PACE. 2/4 r'is on Farm Springs CUSTOMER NBR PATE INVOICE NUMBER Farmington, CT 06032 ttvneru4a73Do 717!2006 INKB48730DDg1 INVOICEAMOUNTDUE j Mail Payment to: $ 10 777.50 OTIS ELEVATOR 61 FOURTH AVENUE NEEDHAM, MA 02494 Detach The Top Portion and Return It WIh1 GROOM CONSTRUCTION Your Payment. Make check Payable To 324 ESSEX ST OTIS ELEVATOR COMPANY For Any questions concerning This invoice, SWAMPSCOTT, MA(11907 Contact OTIS At:(781)433-8809 X 712) Q Or Write:OTIS ELEVATOR COMPANY iU 61 FOURTH AVENUE NEEDHAM,MA o2494 1 his invoke in Due Upon Pres©ntafl0n. OTIS INVOICE CUSTOMER NBR DATE INVOICE NUMBER Building Reference' NK80487300 7f712008 NKB487300001 GROOM CONSTRUCTION 96 SWAMPSCOTT ST CUSTOMER REF.NUMBER: SALEM,MA 01970 1 ORIGINAL CONTRACT SUM .............................................................:..... $ 47,900.00 2 ALL CONTRACT CHANGES ........................... ,,,,, .................................... 2a. Included Change Orders .................... ....... ......... .. . . .... ........ ....... $0.00 2b. Detail and Summary Change Orders .................................... - $0.00 2c. Extras (X-Order Memos) ..............._.... ..........................................:. $0.00 3 CONTRACT SUM TO DATE ........................................................ $ 47,900.00 4 DOUYNPAYMENTS ................................................................................:.. . 5 AMOUNT SUBJECT TO PROGRESS BILLING ............. ......................... - $ 47.900.00 6 TOTAL COMPLETED AND STORED TO DATE ....................................... $ 11,976,00 (Column G on G703) 7 RETAINAGE 7a. 10.0% of Completed Work $ 1,197-50 (Column D+E on G703) - 7b, 0% of Stored Material $ _ (Colum F on G703) - 7c. Fixed Retainage Total Retainage (Line 7a+7b+7c OR Total In Column I on G703 8 TOTAL EARNED LESS RETAINAGE ............................. ) $ 1 197.50 .......................... $ (Line 6 Less Line 7 Total) 10 777 50 9 CURRENT EXTRAS ON CONTRACT ................................................... $0.00 10 LESS PREVIOUS CERTIFICATES FOR PAYMENT ................................. $0.00 (Line 8+9 from prior Certificate) 11 LESS ADVANCES TO DATE ......................................................... .. $0.00 12 TAX ............................................................................................................ $0.00 13 CURRENT PAYMENT DUE (Line 8+9-10.11+12) .................................... I $ 10 777.50 I 14 BALANCE TO FINISH,PLUS RETAINAGE (Line 5-(8+9)) ...................... $ 37,122.50 I i We certify that the goods were produced in compliants with all applleabla requiremenla of soctlons 6,7 and 12 of the {\` FAIR LABOR STANDARDS ACT,as amerided,and of reaulatlona and orders of Me UNITED STATES DEPARTMENT OF LABOR issued under section 14 hereof, i1 Ovarmre pey1nenls Shall hear an infernal charge on the overdue amount calculalsd from the payment due date !J✓]1 of the invoice at the rate or one and one half percent(1.6%)per month Of the maximum rate allowed by appllcapla law,whichever is lees. - MAN-INV.xIs j i _.,iscalco 979 251 4553 P. 1 • SaM BUILDINGV MAINTENANCE,INC. PO BOX952 N CHELMSFORD,MA01863-0952DATE INVOICE# (978)2514553 1-800-773-5323 2/28/2007 2121 BILL TO: Groom Constmction 324 Essex Strect Swampscott,MA 01907 > P.O.NUMBER TERMS PROJECT Due on mccip[ QUANTITY DESCRIPTION RATE AMOUNT PAINTING OF GROOM'S NEW HOME OFFICES BALANCE DUE ON BASE PRICE FOR OFFICES PAINTING 12.500.00 12,500.00 (DOES NOT INCLUDE ADD ON EXTRA'S) r COMMITh'SrvT JOB COST CODE AM UNT I �CivED -BILLING LLilvv ENTE ED TOTAL E 412,500.00 Vx00WY V_lui FUIDAi;.I lUrt1:U`.1P4VICv 9;lyl OliUN11E EN'/ELOPE Ir IIx. Nil 9 • 6S_oma( APPLICATION AND CERTIFICATION FOR PAYMENT AIA DOCUMENT 0702 PAGE OW OF a PAOae TO OWNER; 77 PROJECT!, �j vow p r APPLICATION NO: $� Distribution to: OWNER P N ERtOO 70. _�/� / ARCH)TECT o FROM CONTRACTOR: VIA ARCHITOCT: 1,2J vGi�dYr� COTRACTOR low, yS orn PROJECT NOB: 9" CONTRACT P CONTRACT TE, > 1 � CONTRACTOR 8 APPLICATION FOR PAYMENT The underellmd Contratllos;comm that to this besl of Ole Can"amoo kowedge, Apossiton Is MOO for payment,as shown how,In connection With the Centred. Ir>PormsBaf stip beNat the Work orad ddfyr Bila AppUaaggn fW Paymam hw te9h aompletetl o Conthuidon Sheat,AIA Document 0743,to atteahed, In 860ordarm*0 the Oo WA Coewnenie,'that ab ahlounts mm been by bN Contractor for Work forWAloh preNOU@.OaNlfloelaa 'PQyryleaLwOra IUWW and payafonis reeehfad fmm ft Owner,and that current paymantahorm heminIs now due. N i. ORl01NAL CONTRACT8UM, ,...., , , 2. Notchy a Chan Orders..... ... .. ....... 0 — �� change by pe Sf–Y5�9CONTRACTOR: 3. CONTRACT SUM TO DATE(Una 1 a 2).......•.,,. •$ �--- 3 4. TOTAL COMPLETRO A BTORED TO DATE...,..,... (Caatnaf 0 on GM) By; Data; Z-Z?mia6 8, RETAINAGAI •. I, %o►Oafnpleted Work ; tDhste at iti�'� 17� •�e�C County at, �6 � e v { ohertn D r E at tit i18) "• ."•."� _•. $Ubeoow and b herons �Bp�9 dey o1 — 2cr�G J b, 41 of two Al*dml / No"Fla '44, m Gina BI p an 07t1� My Comnbtonax WIWI z Total Raialnapa(1 w N+Ob or o 7?9 ARM ITT48'C9R AVE POR PAYMENT e. TOTAL EARNED LESS RETAINAN,,,,, ,,,,,,,,,,,, ,,,, ,s��p m aoaadora�i�9B1.Bao OWmabt DoamtenN meed on ataifa obeanretlora and the data o (Une 4 Law Ula 6 Total) 00111pralmtltpSp00c tcthe AmWIW cerBBas to the Owner Bust to the beat of Ihs z 7. LBO$PRBVIOLIB OMPICATEB FOR AMd oft Woftp,btf nIdan end beg f O Work has prop MW me In"led,the qualtty PAYMENT(Uno 8 frau prior Owillosta).............a /?fT/ /.66 ofihe M*Iain sttpomIlO a YA the Centrad ooatmerda,end the Cm"dor Is ansaed to 8. CURRENT PAYMENT DUE..... ...... .......... .....�. �7YS rI, payrrmi of dist AMOM CERTVNID, a. BALANCE TO PINIBM,INCLUDING RETAINAGE,,,,,$ a 7 6 4:?.!r (Line 8 I68e LMe 8) � � AMOUNT CMFISD.,..., ....,8 � ORD U 10 fANaah explonallon Demount oeNMed d ff"both ft amount appeod.ImW e0 figures on gxs T drenpsa approved Appecefbn and on fire Ooadnuallm Shaer that are clanged o coivonn fo the amount mffSdqI \ to vknla menus by Owner / >/�J oO 3�G O. AROHITECT; TW@I approved this Mona_r_ _ BY -- Date: TOTALS �jBGG, This Cer88t®ta Is not negottable, The AMOUNT MRTIFIED Is payable a*to fa - '""'""'"�""'^""` Us"""nef"d maaef,Issuance,payment any acceptance or payment are mmout --SjtQHANaG O 5 9 Gd Prejudice to any dplde of Bus Owner or Contractor under thta Contract AIA OOOU0.feM'QYW'APPLI0A1Y0N AIW WR91ProA4fega6RM1TABa'f00p�ItgN'AtA'111004 na MADVOAMINOMM ov AaCMM0079,17e N4W YOWLAV&.MW.WASIM01M,004/N4M c Users may Obtain V8001VOOn of Inta doaumern by n4cpfestfna of the Neon"a aampteft i AIA 00ownern D401 •CeAaoefton of 000umenYa Authendolty \` 6 V R I ER MASONRY COMPANY INDUSTRIAL COMIERCMAL RESIDENTIAL P-978-356-4410 F-978-3564249 C-978407-3321 Groom Construction (781) 593-1433 August 28, 2006 Attention: Jonathan Gibbs d Groom Office Bid. 96 Swampscott Rd. Labor and Material Mason per Hr. rate = 60,00 per Hr. Labor per Hr. rate = 40.00 .per hr. .Previous invoice , August 18906 = 19,190.00 Labor: 1) Sat. 8/19/06 = 1 mason , 2 labor , 8 Hrs. = 1,120.00 2) Mon. 8/21/06 = 1 mason , I labor, 8 Hrs. ; 800.00 3) Tues. 8/22/06 = 1 labor , 3 lab _ 120.00 Total End Job Amount =21,230.00__ I 1S-3oo PAYMENT APPLICATION Page 1 TO: Groom Construction PROJECT 96 Swampscott APPLICATION# 2 Distribution to: 324 Essex Street NAME AND 96 Swampscott Road Swampscott, MA 01907 LOCATION: PERIOD T10/31/20()6E]CONTRACTOR #s: Attn:Accounts Payable PROJECT#s: 26043 ❑ARCHITECT SUBCONTRACTO DATE OF CONTRACT: 08/15/2006 ❑ FROM: U S Fire Prevention, Inc. ARCHITECT: ❑ 1415 Hyde Park Ave Boston,MA 02136 ❑ FOR: Subcontractor's signature below is his assurance to Contractor,concerning the payment herein SUBCONTRACTOR'S SUMMARY OF WORK applied for,that:(1)the Work has been performed as required in the Contract Documents,(2)all sums previously paid to Subcontractor under the Contract have been used to pay Subcontractors Application is made for payment as shown below, costs for labor,materials and other obligations d er the Contract for Work previously paid for, Continuation Page is attached. and(3)Subcontractor is legally 'title to th' p I. 1. CONTRACT AMOUNT $36,200.00 _ rSUBCO RAC U S Pre ti , In 2. SUM OF ALL CHANGE ORDERS $0.00 By: ' Y Date: _ 0 3. CURRENT CONTRACT AMOUNT (Line 1 +/- 2) $36,200.00 el Thornton,Pr siden 4. TOTAL COMPLETED AND STORED $4,376.00 State of: MA (Column G on Continuation Page) County of: Suffolk 5. RETAINAGE: Subscribed and sworn to before •'t a. 10.00% of Completed Work $437.60 me this day of 0 (Columns D+E on Continuation Page) b. 0.00% of Material Stored $0.00 Notary Public: aura Co y (Column F on Continuation Page) My Commission Expires: 0 / Total Retainage(Line 5a+5b or -,\olumn I on Continuation Page) $437.60 ARCHITECT' R A N 6. TOUL COMPLETED AND STORED LESS RETAINAGE $3,938.40 Architect's signature >elow is his ass nce to Contractor,concerning the payment herein applied (Line 4.minus Line 5 Total) for,that:(1)Architect has inspect the Work represented by this Application,(2)such Work has 7. LESS PREVIOUS PAYMENT APPLICATIONS $2,250.00 been completed to the extent i icated in this Application,and the quality of workmanship and materials conforms with the ontract Documents,(3)this Application for Payment accurately states the amount of Work com ated and payment due therefor,and(4)Architect knows of no reason 8. PAYMENT DUE $1,688.40 why payment should n be made. 9. BALANCE TO COMPLETION (incl.0%sales tax) CERTIFIED AMO 7......................................................................................... (Line 3 minus Line 6) $32,261.60 (If the certified amount is different from the payment due,you should attach an explanation. SUMMARY OF CHANGE ORDERS ADDITIONS DEDUCTIONS Initial all the figures that are changed to match the certified amount.) Total changes approved in ARCHITECT: previous months $0.00 $0.00 BY Date: Total approved this month $0.00 $0.00 Neither this Application nor payment applied for herein is assignable or negotiable.Payment shall TOTALS $0.00 $0.00 be made only to Subcontractor,and is without prejudice to any rights of Contractor or NET CHANGES $0.00 Subcontractor under the Contract Documents or otherwise. PAYMENT APPLICATION QSS,INC. DOCUMENT r , Lp ® JJ Depuis 198015ince 1980 ACR LE`/13 LE S EEL 2425,Edouard-Michelin,Terrebonne(Quebec) 16X 02 4]]-8123 • Fax:(450)477-8124 DATE: 11-25-06 W DE INVOICE NOIRE: ('1 Groom Construction Co.Inc. V 324 Essex Street TERM15 days TERMSS:: $yJat pcott 1A.01907 WDE COMMANDE: - YOUR ORDER NO: Attention: Pam Fullerton NIDE PROJET: LI-06-09 -- — OUR PROJECT NO: VIA: Fax&mail RE, Progressive billing for fabrication of material: Ground Floor 100% 72 269,00 $ COMMITMruT JOB COST CODE AMOUNT 1 ��� BI NC, . rd itED TOTAT OF THIS INVOICE : 72 269,00 $. USD T.P.S.: 875030314 T.V.O.: 1200032418 INVOICE # : J2432 INV DATE 12/30/06 GROOM CONSTRUCTION GC JOB : 324 ESSEX STREET GC PO# : SWAMPSCOTT MA 01907 Attn: JOB NAME: GROOMS NEW OFFICES JOB # : 06-0175 C REQ # : 3 96 SWAMPSCOTT RD SALEM MA 01970 BASE CONTRACT AMOUNT 115516 .23 Make- up & exhaust duct, control wiring & venting, etc . --------------- --- ------------------- --- - ---- ---------- AMOUNT OF THIS INVOICE 25000 . 00 AMOUNT PREVIOUSLY BILLED 90516 . 23 TOTAL VALUE OF WORK COMPLETED TO DATE 100 . 0 % 115516 . 23 LESS PREVIOUS PAYMENTS . 00 TOTAL AMOUNT DUE ON WORK COMPLETED 115516 .23 --------------- -------------- ---- ------------------------------------------ CONTRACT ----------------- _—------- CONTRACT AMOUNT: C3 15516 - ---------------- --- -- --- 100 . 0000 % BILLED COMPLETE (INCLUDING THIS INVOICE) 115516 . 23 . 00 PREVIOUSLY INVOICED 90516 . 23 ---- ---------- - SUB-TOTAL 25000 . 00 TOTAL DUE THIS INVOICE 25000 . 00 ^mac AMOUNT I PPROVED BILLING ED Invoice - - Cardoso Electrical Services, Inc. —= Date Invoice u 375 Riverside Avenue Medford,MA 02155 1/3/2007 a2os Phone (781)395-3900 Fax(781) 396-4568 License#A18196 ' Bill To: I Groom Construction { ATTN:Tom Groom 324 Essex Street Swampscott, MA 01907 lob Name/Location Terms 96 Swampscott Rd.,Salem �. Due on receipt Description Amount Rough Payment Due i 30,000. i k 1.Supply and install rough electrical wiring 2.Supply and install rough electrical service ; ) ! I 6 1 �g ST COLE AMOUNT l COMMl1 --- — a f D BILLIN� ENI LRED � I t J 1 • Total $30,000.00' t � 4 i I aoo/aoo m 3IH10313-OS008VO e39c966l8z XVj bo Lo zooa/eo/Lo « r ,w w CardosoInvoico Electrical Services, Inc. Date Invoice 9 375 Riverside Avenue Medford, MA 02155 um/2oo6, 4200 Phone (781) 395-3900 Fax (781) 396.4568 i License A18196 Bill To: Groom Construction ATTN:Tom Groom d 324 Essex Street Swampscott,MA 01907 job Name/Location Terms i 96 Swampscott Rd.,Salem � Due on receipt,] Description Amount T, 1.Demo of existing wiring 27.454.19 2, Installation of temp lighting 3, Installation of rough wiring for new offices 1 F Labor:$40/hr x 400 hrs=$16,000 Stock:511,545.18 1 l i COMMS;:: SOB COST CODE AMOUNT I 1 ' t 4 I PROVED BILLING ENTERED J r } c � J It's been a pleasure working with you! , Total $27,454.18 j 1 I Z00/Z00 OI813311-OS008VO 8990988LU NUj W V0 9002/LZ/LL Or 5 INVOICE O-U-N-S NO. PAGE SHIPPING POINT 78-637-1393 01 26 DC EAST CUSTOMER INVOICE - CARR NUMBER- NUMBER DATE CODE SHIP VIA DALTON GA TP Invola and me Products Pr vleea hereunder —011307619467417101/09/071 PIE Se. Inavagie:. sta haste Terms .nafe 8B SHAW/BOSTON/MD f °°°a p+ sale, ql=^ appear °n .n r ra al ea n z e dna prise °O:of A neve ins se eStandard Term same Conditions t Sale onur of this transaction and iu suture orders 5% 20 3% 30 NET 40 NO ANTICIPATION ALLOWED CONrw0 Nc OUARAN TY ONOER THE TEXT" FIB Efl TERMS, IDENTIf IC ATION qC T, qN0 THE FLq..ABLE FABflI L$ qCT FILED WIiH CON$UMEfl PRODUCT SAF_TV COMMISSION SOLD TO: SHIPPED TO: GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING DBA NORTH SHORE FLOORING 324 ESSEX ST 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907 SALEM MA 01970 EAD COLOR DESCRIPTION uNlr e SIZE QUANTITY uM PRICE M NET INVOICE AMOUNF 5432 DEPT OR ER DATE 01/04/ 7 R 236436 BOL 290461 SHIP DATE 01/09/C7 L 241723 DELPHIA COMMERC 40060280227 NEYLAND II 2 30551 SLIPPERY ROC 12.00N0. PA410903 NEYLAND II 2 30551 SLIPPERY ROC 12.00 X 18.00 21 0 .4 C 88.56 N0. PA41091 DYE LOT N0. 8416213NEYLAND I30551SLIPPERY ROC 12.00 X 15.00 18000 .4 C 73.80 NO. PA41092 _DYE_ LOT_ NO. 841621 3 1001 50530 NEYLAND II 2 30551 SLIPPERY ROC 12.00 X 10.00 12000 .4 C 49.20 ROLL NO. PA41093 DYE LOT N0. 841621L 11 PERCENT DISCOUNT PATE REQUIRED NOTE. NOT ALL INVOICED ITEMS ARE DISCOUNT DOLLARS" PAYMENT PAYMENT SEND PAYMENT AND COUPON TO: SUBJECT TO CASH DISCOUNTS. DISCOUNTS ALLOWED ALLOWEDREQUIRED AMOUNT MAY ONLY BE TAKEN IF YOUR PAYMENT IS RECEIVED BY THE DATES SHOWN ON THE REQUIRED PAYMENTS SCHEDULE, LEGEND U -IJ I M U M LB-POUNDS EAUNITS $Y SQUARE YARDS PC PIECE SF SQUARE FEET CS CASES SM SQUARE METERS CF CUBIC FEET REMITTANCE IS TO BE MADE ONLY TO US IN TYPE PAR FUNDS. F.ON SHIPPING POINT R=ROLL C-CUT rasa ....E 10TE or cU.cTo.+sa+vMera V.,ra B-BALANCE S=SAMPLES KEEP THIS COPY FOR YOUR RECORD INVOICE D-U-N-S NO. PACE SHIPPING POINT 73-637-1393 02 26 DC EAST CUSTOMER INVOICE. CARR NUMBER NUMBER. DATE CODE SHP VIA DALTON GA CONDITIONS OF SALE ARE AS SPECIFIED ON 0113076 9467417 01/09/07 8B SHAW/BOSTON/MD YOUR PRICE AGREEMENT. CONTINUHlI OWI TY UNOEF THE TEXTILE FIBER 5/, 20 3% 30 NET 40 NO ANTICIPATION ALLOWED OENTIF IC A TION ACT, ANO THE FLAMMABLE FABfl IC$ TERMS 4CT FILE. WITH CONSUMER PRODUCT SAFETY COMMS$ SOLD TO: SHIPPED TO: GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING DBA NORTH SHORE FLOORING 324 ESSEX ST 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907 SALEM MA 01970 LNNE it STYLE COLOR DESCRIPTION 3 SIZE UANTITY UM R"� rrs[ NET INVOICE AMOUNT O1 50530 NEYLAND II 2 30551 SLIPPERY ROC 12.00 X 10.00 1200 4 C 49:20 ROLL N0. PA41094 DYE LOT NO. 841621 3 011 50530 NEYLAND II 2 30551 SLIPPERY ROC 12.00 X 9.00 10800 4 C 44.28 ROLL NO. PA41095 DYE LOT N0. 841621 3 O1 50530 NEYLAND II 2 30551 SLIPPERY ROC 12.00 X 9.00 10 00 .4 C 44.28 ROLL N0. PA4109Z DYE LOT N0. 841621 3 GROOM OFFICE FREIGHT CHARGES ________ __ __ _ ___73.60 FUEL SURCHARGE 17.66 MA SALES TAX @ 5.000% 22.63 I PERCENT -DISCOUNT .DATE- REQUIRED 'NOTE . NOT 4u IrvvOICEO TfEmS 4RE DISCOUNT DOLLARS PAYMENT PAYMENT SEND PAYMENT AND COUPON TO. 'NOTE T TO CASH DISCOUNTS. DIS COunTS ALLOWED ALLOWED REQUIRED AMOUNT- MAY ONLY BE TAKEN IF YOUR PAYMENT IS RECEWED BY THE DATES SHOWN ON THE REQUIRED PAYMENTS SCHEDULE. LEGEND u =u I U IN POUNDS EAUNITS $Y SQUARE YARDS PC-PIECE SF SQUARE FEET CS CASES SM SQUARE METERS CF CUBIC FEET REMITTANCE IS TO BE MADE ONLY TO US IN TYPE PAR FUNDS. FOR. SHIPPING POINT R=ROLL C-CUT xEIEF NIKE.tura DF m11 n11 Ku ,K'x_EF, B-BALANCE S=SAMPLES KEEP THIS COPY FOR YOUR RECORD l y i INVOICE D-U-N-S NO. PAGE SHIPPING POINT 78-637-1397 03 26 DC EAST CUSTOMER- INVOICE CARR NUMBER NUMBER .DATE CODE SHIPvIA DALTON GA CONDITIONS OF SALE ARE AS SPECIFIED ON 01130-619467417 01/09/07 8B SHAW/BOSTON/MD YOUR PRICE AGREEMENT. LONTIrvUING GUARANTY UNGER THE TEXTILE FIBER 5% 20 3% 30 NET 40 NO ANTICIPATION ALLOWEDDENrIFICA nON ACT. ANO THE FLAMMABLE FABRICS TERMS ACL FILED WRH CONSUMER PROOUCT SAFETY COMMISSION SOLD TO: SHIPPED TO: GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING DBA NORTH SHORE FLOORING 324 ESSEX ST 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907 SALEM MA 01970 Trio STYLE COLOR DESCRIPTION SIZE 11ANTITY JIM UNIT PRICE T NET INVOICE AMOUNT ;Tt NO RESALE CERTIFICATE FOR BILL-TO CUSTOMER ON FI E FO THE SHIP-TO STATE (RE UIR BY LAW) TOT S FT 110400 vY � ' ENTER D I PERCENT - DISCOUNT GATE - REQUIRED NOTE NOT ALL INVOICED ITEMS 4ftE DISCOUNT DOLLARS. PAYMENT' PAYMENT SENO PAYMENT AND COUPON TO: SUBJECT i0 CASH DISCOUNTS. DISCOUNTS ALLOWED ALLOWED REQUIRED AMOUNT MAY ONLY BE TAKEN IF YOUR PAYMENT IS 5.0 22.63 1 29 2007 543.90 RECEIVED BY THE DATES SHOWN ON THE 3.0 13.58 2 08 2007 552.95 REQUIRED PAYMENTS SCHEDULE SHAW INDUSTRIES, INC. . LEGEND 2 18 2007 566.53 P.O. BOX 3305 M U M BOSTON, MA 02241-3305 SY-SQUARE YARDS Pc-PECE SFSQUAREFEET CS CASES SM SQUARE METERS CF CUBIC FEET REMITTANCE IS TO BE MADE ONLY TO US IN TYPE PAR FUNDS. F.O.B. SHIPPING POINT R•ROLL C=CUT aE.A -1.,OTE of 1-TA wMecx ar-�Ec. B=BALANCE S-SAMPLES KEEP THIS COPY FOR YOUR RECORD 1 INVOICE D-U-N-S NO, PAGE SHIPPING POINT 7B-sBT-u66 01 26 DC EAST CUSTOMER INVOICE FCARRNUMBERDATE SHIP VIA' DALTON GA This Invoice nd the Prativsta Prvtletl hereunder re ubject to SM1aw Intlusln es. Inc. Shodartl Terms and ContlitlonAofSalwM1i<M1apparon iM1e rev rse side 6 9467420 01/10/07 SHAW/BOSTON/MD of this , oic and price ,graeINent. Boyer;ores to have invoice eeStandard Te ms a d Condemns f Sale control this transaction end au future orders TERMS 5/. 20 3/, 30 NET 40 NO ANTICIPATION ALLOWED ONTINUING GU RAPOINTY UNOEfl rHEA AT IF FIBER ACTIFOILEOFW IATH OCpNSU MER OPRODUCTT SAFETY COMMISSION SOLD TO: SHIPPED TO: 000318** GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING C/O GROOM CONSTRUCTION 324 ESSEX ST - - 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907-1212 SALEM MA 01970 IIIIIIIL�IIIILIIL�IIILILL�IIIJLLIIIILILIILLLIIIIIL,III . - Y. 77 f NO STYLE COLOR DESCRIPTION - SIZE UANTITV UM —- PRICE T;vE NET INVOICE AMOUNT PO 5433 DEPT 7000 OR R DATE 01/04/ 7 ORDER 236828 BOL 292275 S IP DATE 01/10/ 7 MBOL 241796 DESIGN WEAVE 66612362377 005 26391 HIP 00545 PICADILLY 12.00 X 32.00 4267 21.7 C 929.78 ROLL NO. LF97242 DYE LOT NO. 189681 B/0 2 WEEKS GROOM OFFICE FREIGHT CHARGES .60 FUEL SURCHARGE 25 5.14 MA SALES TAX @ 5.000% 46.49 NO RESALE CERTIFICATE FOR BILL—TO USTOMER ON FI E FOR THE SHIP—TO STATE (RE UIR BY LAW) _---�-- TOT S YDS 4267 I PERCENT DISCOUNT DATE REQUIRED DISCOUNT DOLLARSPAYMENT PAYMENT- . SEND PAYMENT AND COUPON TO: NOTE NOT ALL INVOICED ITEMS ARE SCOUNTS ALLOWED ALLOWED REQUIRED AMOUNT MARY,ONLY BEECT TO EATAKEN SH I IF DISCOUNTS. PDAIYMENT IS 5.0 46.49 1 30 2007 961.52 RECEIVED BY THE DATES SHOWN ON THE 3.00 27.8902 09 2007 980. 12 SHAW INDUSTRIES, INC. REQUIRED PAYMENTS SCHEDULE. LEGEND 2 19 2007 1008.01 P.O. BOX 3305M=U A NITS IB POUNDS EA-U BOSTON, MA 02241-3305 SY-SQUARE YARDS PC PIECE SFSQUAREFEET CS CASES $M SQUARE METERS CF CUBIC FEET' REMITTANCE IS TO BE MADE ONLY TO US IN TYPE PAR FUNDS. FOR. SHIPPING POINT R.RDLL C-CUT PTEs SE vAKE NOTE or susro..,R wiuril o..Wes. S-BALANCE S=SAMPLES KEEP THIS COPY FOR YOUR RECORD -421 e John Walsh Plumbing & Heating 209 Somerset Avenue Winthrop,MA 02152 Master License# 11523 (617) 846-6997 (617) 846-0367 fax Invoice Salem Office 96 Swampscott Rd Salem Ma Requisition for work completed at 96 Swampscott Rd. Thru 12-2-06 new gas line from meter to office space total. Stock$1,500.00 Labor $3,280.00 zND �Qi°s Total $4,780.00 Rough plumbing and gas pipe in new office total. Stock $6,176.00 Labor $7,930.00 b Total $14,106.00 COMMI71ar:3* JOB T e 86.00 INVOICE D-U-N-S NO. PAGE SHIPPING POINT lB-BBl-I BBB O1 47 RINGGOLD DC NOR CUS TOIAER NUMBER INVOICE DATE CODE CARR - SHIP VIA RINGGOLD GA NUMBER This Invoice and the Prodvolz Pr viEaa herevnaer a bsle ci 10 SoM1aw InaV zlflas. In G. S'a ntl ara Terms an Ofe 0113076 9422348 01/05/07 8B SHAW/BOSTON/MD Con n'°"r ` Swap ICM1. eed eml6ald True side Brea. c M1ave invoice m sle esuna ard?ennz:Ina cB nau..ns a Sale nnlr of U. IF and at future Bider. 5% 20 3% 30 NET 40 NO ANTICIPATION ALLOWED ONTINUING cugaANrr UNDER rHE TEXv T FIBER TERMS IDEN TIG KATION ACT. qNp LHE FLAMMABLE FABRIC$ 4Ci FILED WILH CONSUMER PRODUCT SAFE Tv COMM1ES10 SOLD TO: SHIPPED TO: 000092*''°018**003**'°-*MIXED AADC 373 GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING - DBA NORTH SHORE FLOORING 324 ESSEX ST 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907-1212 SALEM MA 01970 IIIILLILLIIILILLIILLLLLLILLLIII�LILLdILLI1ILLILITILLILLLIII �_; y.z,_, LINE STYLE COLOR DESCRIPTION UNIT SIZE QUANTIT UM PRICE P NET INVOICE AMOUNT PO 5432 DEPT OR ER DATE 01/04/ 7 ORDFn 236436 BOL 543120 S IP DATE GI/05/"7 MBOL 292974 PHILADELPHIA COMMERC 40060280227 02 50540 NEYLAND II26 30552 GREYHOUND 15.00 X 11.00 1650 .4 C 67.65 ROLL N0. ZJ66576 DYE LOT N0. 448871 ' 5 I 021 50540 NEYLAND II26 30552 GREYHOUND 15.00 X 11.00 165'00 4 C 67.65 ROLL NO. ZJ66560 DYE LOT N0. 448871 5 02 50540 NEYLAND II26 30552 GREYHOUND 15.00 X 11.00 16500 .4 C 67.65 ROLL NO. ZJ66561 DYE LOT NO. 448871 5 02 50540 NEYLAND II26 30552 GREYHOUND 15.00 X 14.00 2100 .4 C 86. 10 ROLL NO. ZJ66577 DYE LOT NO. 448871/ ' PERCENT DISCOUNT DATE` REQUIRED DISCOUN DOLLARS PAYMENT PAYMENT' SEND PAYMENT AND COUPON TO: NOTE NOT ALL INVOICED ITEMS ARE ALLOWED ALLOWED REQUIRED AMOUNT SUBJECT TO CASH DISCOUNTS, DISCOUNTS MAY ONLY BE TAKEN IF YOUR PAYMENT IS RECEIVED BY THE DATES SHOWN ON THE REQUIRED PAYMENTS SCHEDULE, LEGEND UM=UNITS OF MEASUREMENT UP POUNDS EA-UNITS Sy SQUARE YARDS PC PIECE SF SQUARE FEET CS CASES SM-SQUARE METERS CF-CUBIC FEET - REMITTANCE 15 TO BE MADE ONLY TO US IN TYPE PAR FUNDS. FOB. SHIPPING POINT R-ROLL C=CUT 'Lr'EP Ma.E 101E Ur m.Ts-11U.+esa o1 cede. B=BALANCE S=SAMPLES L KEEP Tn6 COPY FOR YOUR RECORD ---i ( i INVOICE D-U-N-S No. PAGE SHIPPING POINT 7B-B.B7-19BB 02 47 RINGGOLD DC NOR CUSTOMER INVOICE DATE CARR SHIP VIA RINGGOLD GA NUMBER NUMBER CODE CONDITIONS OF SALE ARE AS SPECIFIED ON 0113076 9422348 01/05/07 8B SHAW/BOSTON/MD YOUR PRICE AGREEMENT. CONTINUING GUARANTY UNOEF T!4E TEXTILE Fig ER 5% 20 3% 30 NET 40 NO ANTICIPATION ALLOWED DgrvnFlcA noN Acr grvD TOC FLAMMABLE ABRIcs TERMS ACi FILED WITH CONSUMER PRODUCT SAFETY COMMi55JO] SOLD TO: SHIPPED TO: GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING DBA NORTH SHORE FLOORING 324 ESSEX ST 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907 SALEM MA 01970 LNO STYLE COLOR DESCRIPTION SIZE QUANTIT UM UN Ir 5 P , NET INVOICE AMOUNT 026. 50540 NEYLAND II26 30552 GREYHOUND 15.00 X 15.001 2250CsF .4 CA 92.25 ROLL NO. ZJ66562 DYE LOT NO. 448871 5 025 50540 NEYLAND II26 30552 GREYHOUND 15.00 X 15.00 22510 .4 CA 92.25 ROLL NO. ZJ66563 DYE LOT NO. 448871 FROLLAND II26 30552 GREYHOUND 15.00 X 15.00 225'0 .4 C 92.25 J66564 DYE LOT NO. 448871 ND II26 30552 GREYHOUND 15.00 X 15.00 22500 .4 C 92.25 J66565 DYE LOT NO. 448871 ND II26 30552 GREYHOUND 15.00 X 16.00 24000 .4 C98.40 ROLL NO. ZJ66578 DYE LOT N0. 448871E PERCENT DISCOUNT DATE REQUIRED DISCOUN DOLLARS- PAYMENT PAYMENT SEND PAYMENT AND COUPON TO. NOTE- NOT ALL INVOICED ITEMS ARE ALLOWED ALLOWED REQUIRED AMOUNT SUBJECT TO CASH DISCOUNTS. DISCOUNTS RAY ONLY BE TAKEN IF YOUR PAYMENT IS ECEIVED BY THE DATES SHOWN ON THE REQUIRED PAYMENTS SCHEDULE. LEGEND UM-UNITS OF MEASUREMENT U) POUNDS EAUNITS SY-SQUARE YARDS PC PIECE SF SQUARE FEET CS CASES SM SQUARE METERS CF CUBIC FEET TO US IN TYR R-ROLL C-CUT B=RALANCF S=SAMPLES KEEP THIS COPY FOR YOUR RECORD f INVOICE D-U N-S N0. PAVE SHIPPING POINT T8-B37-1393 03 47 RINGGOLD DC NOR CUSTOMER INVOICE I DATE CARR SHIP VIA RINGGOLD GA NUMBER NUMBER CODE CONDITIONS OF SALE ARE AS SPECIFIED ON 0113076 9422348 01/05/07 88 SHAW/BOSTON/MD YOUR PRICE AGREEMENT. COrvTLVUING GUNRAN iv VrvOER THE TE%nLE HBEF 5/. 20 3/, 30 NET 40 NO ANTICIPATION ALLOWED OCN TI FICAiION ACT. ANO THE FLAMMABLE BRIGS is RM$ ACi FILED Wlilr CON$U MER OgOOVCi SAFETY COMMI$SIO SOLD TO: SHIPPED TO: GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING DBA NORTH SHORE FLOORING 324 ESSEX ST 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907 - SALEM MA 01970 LINE STYLE COLOR DESCRIPTION SIZE QUANTIT Um UNIT A NET INVOICE AMOUNT 5 029 50540 NEYLAND I126 30552 GREYHOUND 15.00 X 16.00 4000SF 4 C 98.40 ROLL NO. ZJ66579 DYE LOT NO. 448871 5 030 50540 NEYLAND I126 30552 GREYHOUND 15.00 X 16.00 24000 .4 C 98.40 ROLL NO. ZJ66580 DYE LOT NO. 448871 El YLAND II26 30552 GREYHOUND 15.00 X 16.00 24 0 .4 C 98.40 ZJ66581 - DYE LOT N0. 448871YLAND II26 30552 GREYHOUND 15.00 X 16.00 24000 F .4 C 98.40 ZJ67277 DYE LOT NO. 448871YLAND 1126 30552 GREYHOUND 15.00 X 16.00 24000 .4 C 98.40 ZJ67278 DYE LOT NO. 448871/ PERCENT DISCOUNT DATE REQUIRED DISCOUNT DOLLARS PAYMENT PAYMENT SENO PAYMENT AND COUPON T0: NOTE NOT ALL INVOICED ITEMS ARE ALLOWED ALLOWED REQUIRED AMOUNT SUBJECT TO CASH DISCOUNTS. DISCOUNTS MAY ONLY BE TAKEN IF YOUR PAYMENT IS RECEIVED BY THE DATES SHOWN ON THE REQUIRED PAYMENTS SCHEDULE, LEGEND UM=UNIT$ OF MEASUREMENT LS POUNDS EAUNITS Sy SQUARE YARDS PC PIECE SF-SQUARE FEET CS CASES SM SQUARE METERS CF CUBIC FEET TO US IN TYPE „Ffr R-ROLL C-CUT - B=RALANCE S.SAMPLES KEEP THIS COPY FOR YOUR RECORD 1 I INVOICE D-U-N-S NO. PAGE SHIPPING ?CINT 78-637-1393 0 47 RINGGOLD DC NOR CUSTOMER INVOICE DATE CARR SHIP VIA RINGGQLD GA NUMBER NUMBER CODE CONDITIONS OF SALE ARE AS SPECIFIED ON 01130769422348 01/05/07 8B SHAW/BOSTON/MD YOUR PRICE AGREEMENT. COrviINVInG GUgfl AN iv J.OEP IHE rE%TILE FIBEE 5/, 20 3% 30 NET /0 NO ANTICIPATION TIQN ALLQWED BENTIFICAiION ACT qNB THE FLAMMABLE FABRICS ri Y ACI FILED WITH CONSUMEfl PRODUCT SAFETY COMMISSIO TERMS SOLD TO: SHIPPED TO: GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING . DBA NORTH SHORE FLOORING 324 ESSEX ST 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907 - SALEM MA 01970 LINE STYLE COLOR DESCRIPTION SIZE QUANTIT uM Pa"IT '^ NEr INVOICE AMOUNT 5 GROOM OFFICE FREIGHT CHARGES 203.00 FUEL SURCHARGE 49.74 MA SALES TAX @ 5.000% 62.42 `A-BSYINO RESALE CERTIFICATE 90& -TO CUSTOMER ON FILE FO TISHI-P--TO-rS4U7_wQ B'A&MOT TOTPSFT 3045100 I — I I - I SIL.L.:Pv:j ENT DISCOUNT DATE REQUIRED D DISCOUNT DOLLARS PAYMENT PAYMENT SEND PAYMENT AND COUPON TO'. 'OTE NOT ALL INVOICED ITEMS ARE ALLOWED ALLOWED REQUIRED AMOUNT MAY O r TO CASE NIFYOUR DISCOUNTS. DISCOUNTS 5.00 62.42 1 25 2007 1501.19 MAY ONLY BE TAKEN IF VOUR PAYMENTIS SECURED By THE ogres SHOWN ON THE 3.00 37.4502/04/2007 1526. 16 SECURED PAYMENTS SCHEDULE.ULE, SHAW INDUSTRIES. INC. LEGEND 2 14 2007 1563.61 P.O. BOX 3305 VSYSQUNARE ITS OF MEASUREMENT :YARDSEA UNITS BOSTON, MA 02241-3305 Pc-PIECE CS-CASES RS CF-CUBIC FEET REMITTANCE IS TO BE MADE ONLY TO US IN YP PAR FUNDS. F.C.B. SHIPPING POINT L C-CUTANCE S=S'.MPLES / KEEP TMS COPY FOR YOUR RECORD a ' KJJ #F ;y INVOICE D-U-N-S N0. E SHIPPING POINT PAG 78-637-L393 - Ol 26 DC EAST CUSTOMERINVOICE DATE CARR SHIP VIA DALTON GA NUMBER NUMRER CODE This Inv and theProducts provided M1 rivedi bj ct to Saw Inustries. Inc. ta nzre Terms an er` 9 0928 01/04/071 8B SHAW/ c nl Tlona f sal wPICM1 r on In. r 0113076 41BOSTON/MD of;Els nue and Peer `°era` altle to nave TheseeStandard Terms end Cnnd.yet ona'of Sale control this o-enaaotion and .0 future orders rERMs 5% 20 3% 30 NET 40 NO ANTICIPATION ALLOWED con rlNUlNc cuARANTv unOER THE 'EK"'Cf 19ER ® gCT10E E0FWITI-I�ON$U MEF OPPOOUCT SAFETY COMM SSION SOLD TO: SHIPPED TO: GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING DBA NORTH SHORE FLOORING 324 ESSEX ST 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907 SALEM MA 01970 I� LNo STYLE COLOR DESCRIPTION SIZE UANTITY UM PflIGE UNIT o NET INVOICE AMOUNT PO 5432 DEPT OR ER DATE 01/04/ 7 ORDER 236436 BOL 284861 S IP DATE 01/04/ 7 MBOL 241454 PHILADELPHIA COMMERC 40060280227 001 50530 NEYLAND II 2 30550 GROUND PEPPE 12.00 X 48.00 57600 .4 C 236.16 ROLL NO. PC06458 DYE LOT NO. 683481 1 I -602 50530 NEYLAND II 2 30550 GROUND PEPPE 12.00-X32.00 38100 F .4k,$, 157.44 YOU ROLL NO. PC06459 DYE LOT NO. 683481 I 1 -603 50530 NEYLAND II 2 30550 GROUND PEPPE 12.00X 32.00 384'0 .4 C 157.44 I1 ROLL N0. PC06462 DYE LOT N0. 683481 1 I 50530 NEYLAND II 2 30550 GROUND PEPPE 12.00 X 26.00 31200 .4 C 127.92 ROLL NO. PC06463 DYE LOT NO. 683481/ PERCENT DISCOUNT DATE. REQUIRED DISCOUNT DOLLARS PAYMENT PAYMENT SEND PAYMENT AND COUPON TO NUBJ NOT ALL INVOICED ITEMS ARE ALLOWED' ALLOWED REQUIRED AMOUNT MAY Ci r0 CASH DISCOUNTS DISCOUNTS MAY ONLY BE HE D IF YOUR PAYMENT T IS E RECEIVED BY THE DATES SHOE ON THE RE¢w REO PAYMENTS SCHEDULE. LEGEND U -UN IF M A u LMLN L8-POUNDS EA UNITS SY-SQUARE YARDS PC PIECE SF SQUARE EEEr CS CASES �.., SM SQUARE METERS CIF CUBIC FEET REMITTANCE IS TO BE MADE ONLY TO US IN TYPE PAR FUNDS. F.O.B. SHIPPING POINT R=ROLL C-CUT x[.s[—1 Yuri[or .usaonfx nu+e[x on.nac, 3.8ALANCE S-SAMPLES KEEP THIS COPY FOR YOUR RECORD /~'YS INVOICE D-U- S N0. PAGE AHIPPING POINT N- 78-637-1393 02 26 DC EAST CUSTOMER INVOICE DATE CARR SHIP VIA DALTON GA NUMBER NUMBER CODE CONDITIONS OF SALE ARE AS SPECIFIED ON 0113076 9410928 01/04/07 8B SHAW/BOSTON/MD YOUR PRICE AGREEMENT, CONTINUING GUARANTY UNDER THE TEXTILE FIBER 5% 20 3% 30 NET 40 NO ANTICIPATION ALLOWED DENnFICA TION ACT, ANO THE FLAMMABL- FABRICS TERMS ACT FILED WILFI CO N$UMEfl PRODUCL SAFETY COMM15$ION SOLD TO: SHIPPED TO: GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING DBA NORTH SHORE FLOORING 324 ESSEX ST 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907 SALEM MA 01970 .i' DNE ivx STYLE COLOR DESCRIPTIONUNIT rY E SIZE QUANTITY UM PRICE NET INVOICE AMOUNT 1 01 50178 EMPHATIC 30 79742 TOP TAUPE 12.00 X 16.00 19200 1. 1 CA 220.80 ROLL NO. PE50568 DYE LOT NO. 632701 4 O1 50178 EMPHATIC 30 79742 TOP TAUPE 12.00 X 36.00 4320 1. 1 C 496.80 ROLL NO. PE50570 DYE LOT NO. 632701 4 01 50178 EMPHATIC 30 79742 TOP TAUPE 12.00 X 87.00 104 IO C s-F 1. 1 C 1200.60 ROLL NO. PE50571 DYE LOT NO. 632701# 1 4 01 50530 NEYLAND II 2 30552 GREYHOUND 12.00 X 13.00 1560 .4 C 63.96 ROLL NO. PC06469 DYE LOT NO. 435731 #5 -- 01 50530 NEYLAND II 2 30552 GREYHOUND 12.00-X39.00 4680 .4 C 191.88 ROLL NO. PC06472 DYE LOT NO. 435731 / PERCENT DISCOUNT DATE REQUIRED rvOTE NOF ALL IrvvOICED ITEMS ARE DISCOUNT DOLLARS PAYMENT PAYMENT SEND PAYMENT AND COUPON TO'. SUBJECT TO CASH DISCOUNTS. DISCOUNTS ALLOWED ALLOWED REQUIRED AMOUNT MAY ONLY BE TAKEN IF YOUR PAYMENT IS RECEIVED BY THE DATES SHOWN ON THE REQUIRED PAYMENTS SCHEDULE. LEGEND MUNI U M N LB POUNDS EAUNITS SY-SQUARE YARDS PC PIECE SFSQUAREFEET CS-CASES _ SM SQUARE METERS CF CUBIC FEET REMITTANCE IS TO BE MADE ONLY TO US IN TYPE -' PAR FUNDS. F.0 B. SHIPPING POINT R-ROLLC-CUT +LE+SE .>KT.OTC 01 CVSTOnEP-CI O C,,, ROALANCE SwSAMPLES KEEP THIS COPY FOR vOUR RECORD yv INVOICE O-U-N-S NO. PAGE SHIPPING POINr 7B-53]-139.3 03 26 DC EAST CUSTOMER INVOICE DATE F8B SHIP VIA. DALTON GA NUMBER NUMBER CONDITIONS OF SALE ARE AS SPECIFIED ON 0113076 9410928 01/04/07 SHAW/BOSTON/MD YOUR PRICE AGREEMENT. CONTINUING GUwRaNTY UNDER MF rcNTIIE FIBER 5% 20 3% 30 NET 40 NO ANTICIPATION ALLOWED QCATION ACT. ANo rHE FLAMMABLE FABRIC$ TERMS ACT FILED WITH CONSUMER PRODUCT jAFETY COMMISSION SOLD TO: SHIPPED TO: GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING DBA NORTH SHORE FLOORING 324 ESSEX ST 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907 SALEM MA 01970 LIN STYLE COLOR DESCRIPTION UNIT TYpE SIZE llANTITY UM PRICE M. NET INVOICE AMOUNT 5 -6-1-9-50530 NEYLAND II 2 30552 GREYHOUND 12.00 X 23.00 2760 .41CX 113. 16 ROLL NO. PC06473 DYE LOT NO. 435731 5 GROOM OFFICE FREIGHT CHARGES - 281.60 FUEL SURCHARGE 68.99 MA SALES TAX @ 5.000% 148.31 NO RESALE CERTIFICATE FOR BILL-TO CUSTOMER ON FI FOR THE SHIP-TO STATE (RE UIR D BY LAW) TOT SQ FT 42240 I I i PERCENT DISCOUNT I DATE REQUIRED DISCOUNT DOLLARS PAYMENT PAYMENT NOTENOT ALL INVOICED ITEMS ARE SEND PAYMENT AND COUPON T0: SUB'ECTTO CASH DISCOUNTS. DISCOUNTS ALLOWED ALLOWED REWIRED AMOUNT MAY ONLY BE TAKEN IF YOUR PAYMENT IS .00 148.31 1 24 2007 3316.75 RECEIVED BY THE DArES SHOWN ON THE 3.00 88.9802/03/2007 3376.08 REQUIRED PAYMENTS SCHEDULE. SHAW INDUSTRIES, INC. LEGEND 02-/-13720-07 3465.06 P.O. .BOX 3305 UM.ONI M A u M N - LB POUNDS EA UNITS BOSTON, MA 02241-3305 SY SQUARE YARDS PC PIECE SFSQUAREFEEL CS-CASES SM SQUARE METERS CF-CUBIC FEET REMITTANCE IS TO BE MADE ONLY TO US IN TYPE PAR FUNDS. F.O.B. SHIPPING POINT R=ROLL C-CVT `Lc.. "KE'Or'or NSTOmll 1-11 O.+I.,— B=BALANCE S-SAMPLES KELP M6 COPY FOR YOUR RECORD I INVOICE D-u-N-s No. PAGE SHIPPING POINT. 78-637-1393 O1 26 DC EAST CUSTOMER. INVOICE CARR NUMBER' NUMBER DATE CODE - SHIP VIA. DALTON GA This Invoiceand the Products pr ide0 hereunder re 0113076 94674 1 nei t" Iaw Inaustrles. Inc. sI—e-el Terms end coneiu uns o, Sat e, wnlcn appear on me rev rze side 9 0 1/09/07 8B SHAW/BOSTON/MD a this invoice sied priPard agrF.A aide conail�eo.saoi s+le antra this transaction and zn ("Lure orders 5% 20 3% 30 NET 40 NO ANTICIPATION ALLOWED CONTINUING GUARANTY UNDER THE TEXTILE FIBER TERMS IGEN LIF IC A TION ACT, AND THE FLAMMABLE FABRICS nCT FILED WITH COrvSU MER PRODUCT SAFETY COMMISSION SOLD TO: SHIPPED TO: GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING -- elleeteelle 324 ESSEX ST 96TH SWAMPSCOTT RD SWAMPSCOTT MA 01907 SALEM MA 01970 ja1 LIKE STYLE COLOR DESCRIPTION SIZE: UANTITY UM NET INVOICE AMOUNT PRICE PO 5434 DEPT 7000 OR ER DATE 01/04/C7 ORDER 236966 BOL 290461 S IP DATE 01/09/ 7 MBOL 241723 PATCRAFT COMMERCIAL 676221.72184 001 10091 JUST BEAUTIF 91512 GRAND TETONS 12.00 X 39.00 5200SY 12.9SCA 675.48 ROLL NO. PCO8634 DYE LOT NO. 674281 002 I0091 JUST BEAUTIF 91512 GRAND TETONS 12.00 X 66.04 88441SY 12.9SRA 1148.84 ROLL NO. 011582W DYE LOT NO. 674281 GROOM OFFICE FREIGHT CHARGES 84.26 FUEL SURCHARGE 20.22 MA SALES TAX @ 5_000% 91.22 t,Tt NO RESALE CERTIFICATE FOR BILL—TO CUSTOMER ON FILE FO THE SHIP—TO STATE (RE UIR BYLAW) T TOT SQ YDS 14 44 PERCENT " DISCOUNT DATE REQUIRED DISCOUNT DOLLARSPAYMENT PAYMENT NOTE. NOT ALL INVOICED ITEMS ARE ALLOWED ALLOWED REQUIRED AMOUNT SENO PAYMENT AND COUPON T0: SUBJECT TO CASH DISCOUNTS. DISCOUNTSp MAY ONLY BE TAKEN IF YOUR PAYMENT IS 5•0 91 22 1 29 2007 1928.00 RECEIVED BY THE DATES SHOWN ON THE 3.00 54.73-0-2-7-0-8-12 0-0 7 1965.29 REQUIRED PAYMENTS SCHEDULE. SHAW INDUSTRIES, INC. LEGEND 0 2 18 T2007 2020.02 P.O. BOX 3305 U .UNI M LB POUNDS EA-UNITS BOSTON, MA 02241-3305 SY SQUARE YARDS PC-PIECE 'F SQUARE FEET CSCA SM-SQUARE METERS CF-CUBIC FEET REMITTANCE IS TO BE MADE ONLY TO US IN TYPE PAR FUNDS. FOB. SHIPPING POINT R-ROLL C-CUT nE.SE MIKE Marr or L"Si"MEe-METE P.curs, B-BALANCE S-SAMPLES KEEP MIS COPY FOR YOUR RECORD INVOICE O-U-N-S NO. PAGE' SHIPPING POINT. 78-637-1393 01 26 DC EAST CUSTOMER. INVOICE ODE DATE CODE SHIP'VIA DALTON GA NUMBER NUMBER - - This Invoice and rh Products provided Fereunaer re ueject to Se. InduAin es, Inc. Standard Terns ane condirlons of Sale, wFICM1 appear on the reverse side 0113076 9467418 01/09/07 8B SHAW/BOSTON/MD of this eiaa and pripA egroernenE Buyer IBr..A m have These Stenana Terms and Curr wns of Sala control this transaction and all future orders 5% 20 3% 30 NET 40 NO ANTICIPATION ALLOWED ONTINUING GU RPNTV UNOER THE TEXTILE KERR TERMS IOENTI FICq TION qC T. qN0 THE FLAMMg9LE 14ORICS - qCi FIL EO WITH CONSUMEfl PRODUCT SAFETY COMMISSION SOLD TO: SHIPPED TO: GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY - DBA NORTH SHORE FLOORING _ C/O GROOM CONSTRUCTION 324 ESSEX ST - 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907 . ? SALEM MA 01970 LINO STYLE COLOR DESCRIPTION SIZE QUANTITY um PUNIT RICE ;o NET INVOICE AMOUNT- PO 5433 DEPT 7000 OR ER DATE 01/04/C7 ORDER 236828 BOL 290461 SHIP DATE 01/09/(7, MBOL 241723 if DESIGN WEAVE 66612362377 - 001 26398 DASH 00536 URBAN LIVING 12.00 X 28.00 37133 Y 19.0 C 710.39 ROLL NO. PCO8313 DYE LOT N0. 06394 002 Z6400 DRIVE 00555 SUBWAY TERMI 12.00 X 78.00 1040CSY 16.5AC 1718.08 ROLL NO. LF96489 DYE LOT NO. C87371 GROOM OFFICE FREIGHT CHARGES 84.80 FUEL SURCHARGE 20.35 MA SALES TAX @ 5.000% 121..42 NO RESALE CERTIFICATE FOR BILL—TO CUSTOMER ON FILE FO ' THE SHIP—TO STATE (RE UIR BY LAW) TOT SQ YDS 1403 PERCENT. ":DISCOUNT DATEREQUIRED DISCOUNT DOLLARS PAYMENT. PAYMENT- SEND PAYMENT AND COUPON T0: NOTE NOT ALL INVOICED ITEMS ARE ALLOWED ALLOWED' REQUIRED• AMOUNT' SUBJECT TO CASH DISCOUNTS. DISCOUNTS MAY ONLY BE TAKEN IF YOUR PAYMENT IS 5•_0C 121.4201/29/2007 2533.62 RECeveo BY THE Dnres sHowN ON THE 3.00 72.8502 08 2007 2582.19 REQUIRED PAYMENTS SCHEDULE, SHAW INDUSTRIES, INC. LEG E NO 0-271-872007 2655.04 P.O. BOX 3305 0 M LS POUNDS EAUNITSBOSTON, MA 02241-3305 SY-SaUARE YARDS PC-PIECE SF SQUARE FEET CS CASES SM SQUARE METERS CF CUBIC FEET REMITTANCE IS TO BE MADE ONLY TO US IN TYPE PAR FUNDS. F.O.B. SHIPPING POINT R-ROLL C-CUT 'L.Asa MAAa 11 pr cusro,,,as.u,.eaa ox'H, B-BALANCE S-SAMPLES KEEP THIS COPY FOR YOUR RECORD INVOICE PAGE SHIPPING POINT 8-6376 NO, 78-631-1793 01 26 DC EAST ] CUSTOMER INVOICE DATE CARR SHIP VIA DALTON GA NUMBER NUMBER CODE sub)e'ci to`Shaw Induslrr�es, Inc Standard hereunder and con-ikons of Sete, wnicn appear on Ina reverse¢side 0113076 9439723 01/08/07 8B SHAW/BOSTON/MD n^iF oe;geSaa a°d`:arrgr ;I�dnLand°°eraagre s Sale onvoi thus ,A nse Clion-end ml future oreerP 5% 20 3% 30 NET 40 NO ANTICIPATION ALLOWED O nNU INc GUARANTY UNOEe THE TEATLE FIBER TERMS IpENTIFICATION ACT, ANp THE FLAMMABLE FABRIC$ 4Cf (ILEO WITH CONSUMER PROO U CT SgFETY CO MMI$SIO aiiiiiiiiiiiiiiia SOLD TO: SHIPPED TO: 000075**008**004*****MIXED AADC 373 GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING C/O GROOM CONSTRUCTION 324 ESSEX ST 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907-1212 SALEM MA 01970 IIL....LIILLIIIILLIIILIIL�ILIIIIILLILdILII,LLLIILL111 ;7 _ LN"E STYLE COLOR DESCRIPTION " " SIZE QUANTIT IN PIRIr As NET INVOICE AMOUNT PO 5433 DEPT 7000 OR ER DATE 01/04/C,7 ORDER 236828 BOL 288055 SHIP DATE 01/08/C7E4267SY MBOL 241618 DESIGN WEAVE 66612362377 00 Z6400 DRIVE 00555 SUBWAY TERMI 12.00 X 78.00 16.5 C 1718.08 ROLL NO. LF96490 DYE LOT NO. C87371 00 26400 DRIVE 00555 SUBWAY TERMI 12.00 X 32.00 16.5 C 704.91 ROLL NO. LF96491 DYE LOT NO. C87371 GROOM OFFICE I FREIGHT CHARGES 88.00 FUEL SURCHARGE 21.56 MA SALES TAX @ 5.0007, 121.15 NO RESALE CERTIFICATE FOR BILL—TO CUSTOMER ON FIIE FO ' THE SHIP—TO STATE (RE UIR BY LAW) I TOT SQ YDS 14 '67 PERCENT DISCOUNT DATE REQUIRED DISCOID DOLLARS. .PAYMENT PAYMENT SEND PAYMENT AND COUPON TO NOTE NOT ALL INVOICED ITEMS ARE ALLOWED ALLOWED -REQUNYED _— AMOUNT SUBMAY ON TO CASH N IF Y"rs. DISCOUNTS IS 5.0 121. 1501/28/2007 2532.55 MAY ONLY BE TAKEN IF YOUR PAYMENT IS RECEIVED BY THE DATES SHOWN ON THE 3.00 72.6902 07 2007 2581.01 REQUIRED PAYMENTS SCHEDULE. SHAW INDUSTRIES, INC. LEGEND 2 17 2007 2653.70 P.O. BOX 3305 UM-UNITS OF MEASUREMENT IS POUNDS EA UNITS BOSTON, MA 02241-3305 SY-SQUARE YARDS PC PIECE SF SQUARE FEET CS CASES SM SQUARE METERS CF-CUBIC FEET REMITTANCE IS To BE MADE ONLY TO US IN - TYPE PAR FUNDS. FO.B. SHIPPING POINT R•ROLL C•CUT a..•.e x _ .. --n_�_. __Bee... _rc. IB=RASANCE "SIMP= ,I Jt PEP THI[ fOPY Fr1R V(IIIR RFfr1RIl INVOICE D-U-N-S NO. P'Q GE SHIPPING POINT 78-637-1393 Ol 54 D.C. WEST CUSTOMER INVOICE DATE CODE CARR SHIP VIA DALTON GA NUMBER NUMBER This Invoice and the Protivclz Orovitle0 M1e reuntler a ubj ci To Shaw Industries, Inc. Standard Terns, Ind. 0113076 9410 2 c alN ons oo! Sale. which I,,aar n I r reveres nide 9 9 01/05/07 8B SHAW/BOSTON/MD of"I AIA ce and Prloe aB un on a' aoreen m nave mese Standard Terms and Coreilior. f Sale control oris transaction and all future ode rz TERMS 5% 20 3% 30 NET 40 NO ANTICIPATION ALLOWED CQmrlrvulNc cuARArvry UNGETHER Toe TexcLE Fleea _ at T, "". IT. ON SUM E R OPROO UC i SAFETY COmm SSIOry SOLD TO: SHIPPED TO: GROOM CONSTRUCTION COMPANY - GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING DBA NORTH SHORE FLOORING _ 324 ESSEX ST 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907 SALEM MA 01970 t 1� \l LINE STYLE COLOR DESCRIPTIONSIZE UANTITY um caNIT �, NET INVOICE AMOUNT II, PO 5432 DEPT DRIER DATE 01/04/C7 ORDER 236436 BOL 286144 SHIP DATE 01/05/C7 MBOL 241515 I 0 PHILADELPHIA COMMERC 40060280227 Tal 01 50178 EMPHATIC 30 79742 TOP TAUPE 12.00 X 18.00 2160 I. I!CA 248.40 ROLL NO. PE50569 DYE LOT NO. 632701 4 GROOM OFFICE FREIGHT CHARGES 14.40 _ FUEL SURCHARGE 3.53 MA SALES TAX @ 5.000% 12.42 NO RESALE CERTIFICATE FOR BILL—TO CUSTOMER ON FILE FOR N THE St`z, ;a—.T_0 STATE (REQUIRED BY LAW) TOT SQ FT 2160 V PERCENT DISCOUNF DATE REQUIRED DISCDUNT DOLLARS PAYMENT PAYMENT SEND PAYMENT AND COUPON TO NOTE rvOi ALL mv0¢ED ITEMS ARE ALLOWED ALLOWED REQUIRED AMOUNT SUBJECT TO CASH DISCOUNTS, DISCOUNTS MAY ONLY BE TAKEN IF YOUR PAYMENT IS 5-OC-12.4201/2.5/7007 E 66.33RECEIVED BY THE DATES SHOWN ON THE 3.0 7.45 2 04 200771.30REQUIRED PAYMENTS SCHEDULESHAW INDUSTRIES, INC. GEND 2 14 200778.75 P.O. BOX 3305 UM=U A u M N Is POUNDS EAUNITSBOSTON, MA 02241-3305 sYsnugaE YARDS PC PIECE SF SQUARE FEET CS CASES .✓ SM SQUARE METERS CFCUBICFEET REMITTANCE IS TO BE MADE ONLY TO US IN TYPE PAR FUNDS. FO.B. SHIPPING POINT R•ROU C•CUT ��EszE m.2E rvo.E or ccl.eia vuv,eEa ax rrllr - B-BALANCE S.SAMPLES KEEP THIS COPY FOP YOUR RECORD INVOICE D-U-N-S N0. PAGE SHIPPING POINT 78-837-1393 O1 34 D.C. I CUSTOMER. INVOICE DATE CARR SHIP VIA DALTON GA NUMBER NUMBER. CODE EubjeThis 'c1 to SM1aw tlusie and the n es.c'Inprovided r$IantlarE Talres ..afe 0113076 9410930 01/05/07 8B SHAW/BOSTON/MD �n;'I. so= SIII', vaprieh ''Pear on the reverse side t° have the se eStandard Terms ane Cora YArr s rehsale contra this transaction and all future orders 5% 20 3% 30 NET 40 NO ANTICIPATION ALLOWEDCONTINUING GUARANTY UNOER THE 'I' LE FIBER TERMS IO ENTIFICA T ION AC r, AND THE FLAMMABLE EA9 RIGS ACT FILE. WITH CONSUMER ,Rod U C T SAFETY CO MM1551ON SOLD TO: SHIPPED TO: 000284** GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY DBA NORTH SHORE FLOORING DBA NORTH SHORE FLOORING aaaaaaaaa 324 ESSEX ST 96 SWAMPSCOTT RD SWAMPSCOTT MA 01907-1212 SALEM MA 01970 No STYLE COLOR DESCRIPTION SIZE UANTITY UM NET INVOICE AMOUNT PRICE iw I PO 5432 DEPT OR ER DATE 01/04/ 7 ORDER 236436 BOL 360289 SHIP DATE 01/05/137 — j MBOL 152937 PHILADELPHIA COMMERC 40060280227 005 50178 EMPHATIC 30 79845 VIVID BURGUN 12.00 X 40.00 48000SF I.lfCA 552.00 ROLL NO. YC56232 DYE LOT NO. 848971 r� 2 GROOM OFFICE FREIGHT CHARGES 32.00 r� FUEL SURCHARGE 1 7.84 MA SALES TAX @ 5.000% ' 27.60 NO RESALE CERTIFICATE FOR BILL—TO CUSTOMER ON FI -FOR THE_S: TP—TO STATE (REQUIRED BY LAW) TOT SO FT 4800 1� N PERCENT DISCOUNT DATE REQUIRED DISCOUNT DOLLARS PAYMENT PAYMENT SEND PAYMENT AND COUPON TO NOTE NOT TO ALL INVOICED ITEMS ARE ALLOWED- ALLOWED REQUIRED AMOUNT SUBMAY Ci i0 CASK DISCOUNTS.PAYMEDISCONT IS MAY ONLY BE HE D IF YOUR PAYMENT E .00 27.6 1 25 2007 591.84 RECEIVED 9Y THE DATES SHO.N ON THE 3.0 16.56 2 04 2007 602.88 REQUIRED PAYMENTS SCHEDULE, SHAW INDUSTRIES, INC. LEGEND 0 2—fl-472 0-0 7 619.44 P.O. BOX 3305 UM,UNIIS OF MEASURFMERT L3-POUNDS EA UNITS BOSTON, MA 02241-3305 SV SQUARE YARDS PC PIECE AT SQUARE FEET CS CASES SM SQUARE METERS CF.CUBIC FEET REMITTANCE IS TO BE MADE ONLY TO US IN TYPE PAR FUNDS. F.O.B. SHIPPING POINT R-ROLL C-CUT AA Ms+°,E°r wsTo..aa nu..eee°a c.i 8=BALANCE S=SAMPLES KEEP THIS COPY FOR YOUR RECDRD Kamca Supply Corp . of Boston F6�7ro- o4-Sao P.O. Box 181 New Boston Street, Woburn, M 0108BTe1: 781-938-0909 Fax: 981-932-9213 ,,ilivision Purchased at : WOBURN INVOICE NO. 31111 Date: 18 JAN 2007 Account : GROOCC Page No. : 1 Project No. : Customer: Ship To GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 ATTEN:PETER 617-548-0820 SALEM,MA. Salesperson: CAS Customer PO# NEW OFFICE Terms : Net 30 days Sales Order: 32910 . 2 Customer Job Order Ship B/O Description Unit Price Extension 3 3 **PREFIN.BIRCH 3070 161 LH/PREP FOR 145 . 00 435 . 00 THRUBLTS/MK#10;20;27; 53 3 3 **PREFIN.BIRCH 3070 161 RH/PREP FOR 145 . 00 435 . 00 THRUBLTS/MK#23 ;24 ; 26 ;52 ;55 1. 1 **PREFIN.BIRCH 3070 161 LH/PREP FOR 160 . 00 160 . 00 THRUBLTS;DEADBOLT PREP/MK#14 2 2 **PREFIN.BIRCH 3070 161 RH/PREP 230 . 00 460 . 00 THRUBLTS;INSTALL LP722 W/CLR GLASS/MK#12 ; 13 2 2 3070 1 3/4 Wood Door BLK MFPC HS PBRC 140 . 00 280 . 00 F PC CLEAR Birch 7-PLY NH BUTTS/ONLY 0 0 MK#22;54 3 3 **PREFIN. 90MIN BIRCH 3070 161 LH/PREP 280 . 00 840 . 00 FOR THRUBLTS/MK#3 ; 15;29 1 1 **PREFIN. 90MIN BIRCH 3070 161 RH/PREP 280 . 00 280 . 00 FOR THRUBLTS/MK#16;18 1 1 **PREFIN. 90MIN BIRCH 3070161 LH/PREP 360 . 00 360 . 00 THRUBLTS;INSTALL LP722/MK#8 1 1 **PREFIN. 90MIN BIRCH 3070 161 RH/PREP 360 . 00 360 . 00 THRUBLTS;INSTALL LP722/MK#7 39 39 Hinges ECBB1100 4 1/2 x 4 1/2 US26D 8 . 00 312 . 00 51 51 Hinges EC1100 4 1/2 x 4 1/2 US26D 5 . 00 255 . 00 12 12 Door Closer SC71 RW/PA 689 (ALUM) 90 . 00 1080 . 00 6 6 Dummy Trim Y12 D 626 18 . 00 108 . 00 8 8 Passage Set B101 D 2 3/4-BS ASA 626 55 . 00 440 . 00 5 5 Privacy Set B301 D 2 3/4-BS ASA 626 65 . 00 325 . 00 6 0 6 Lockset B511 D 2 3/4-BS SCHLAGE-C/KWY 82 . 00 . 00 ASA 626 9 0 9 Lockset B581 D 2 3/4-BS ASA 82 . 00 . 00 SCHLAGE-C/KWY 626 1 0 1 Deadlock D841 2 3/4-BS SCHLAGE-C/KWY 25 . 00 . 00 626 1 1 Pull Plate 7116 630 20 . 00 20 . 00 1 1 Push Plate 71 4" X 1611 630 8 . 00 8 . 00 ********** Continued on Page 2 ********** K< < o Supply Corp . of Boston P.O. Sox .d9, 181 New Boston Street W _ _ oburn, MA 01888T_1: 781 938 0909 Fax. 781-932-9213 Division Purchased at : WOBURN INVOICE NO. 31111 Date: 18 JAN 2007 Account: GROOCC Page No. : 2 Project No. : Customer: Ship To GROOM CONSTRUCTION COMPANY GROOM .CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 ATTEN:PETER 617-548-0820 SALEM,MA. Salesperson: CAS Customer PO# NEW OFFICE Terms : Net 30 days Sales Order: 32910 . 2 Customer Job Order Ship B/O Description Unit Price Extension 3 0 3 Exit Device F18 R BA 32D 380 . 00 : 00 1 0 1 Exit Device Trim 1821R L LHR 32D 120. 00 . 00 1 0 1 Exit Device Trim 1821R L RHR 32D 120 . 00 . 00 6 6 Magnetic Catch 327 A 92 5 . 00 30 . 00 14 14 Wall Stop (s) 236W US32D 3 . 00 42 . 00 2 2 Floor Stop 241F US26D 4 . 00 8 . 00 Product Sub-Total $6, 238 . 00 MASS 5% TAX @5 . 000°% $311 .90 Total $6,549 .90 rnOF AMOUNT rjERED Invoice Nbr: 662557 Invoice Date: 01/18/2007 ,amco MAIN OFFICE Londonderry, NH Avon, MA Williston,VT M P.O. Box 2489 Tel(603)432-6490 Tel(508)587-1500 Tel(802)658-3730 SUPPLY CORP Woburn, MA 01888 Fax(603)432-6499 Fax(508)588-6140 Fax(802)658-4131 o1 Boston - Tel(781)938-0909 Fax(7811)935-1696 Portland, ME Shrewsbury, MA Lebanon, ME Tel(207)775-6512 Tel(508)842-5170 Tel(207)339-8848 Fax(207)774-3384 Fax(508)842-5217 Fax(207)339-0102 BILL TO Store : 1 Woburn SHIP TO GROOM CONSTRUCTION COMPA 324 ESSEX STREET 96 SWAMPSCOTT ROAD NEW OFFICE SWAMPSCOTT, MA 01907 SALEM, MA 01970 77 CUST CD GROOCC Tax ID: Salesperson : 113 Date PO NumberTerms Del Date Type Order# 01/18/07 GROOMS OFFICE 1% 10 days N-30 01/18/2007 Our Truck 661843 'I Quantity Sell Quantity Ship Item Pricing Per Unit Extended Ordered U/M Shipped UW Number Qty Units Price Price 18 BU 18 BU OCF M38 2304 . 000/SF 0 . 370 SF 852 . 48 UNF R19X24X48 BATT OCF* Total Ship Units : 0 . 000 EACH CC)-7-CODE - AMOUNT i SUBTOT48 FREOSGH00T SALE42SS T62 895T 0 YOU MAY DEDUCT IF PAID BY 8 . 52 01/28/07 Page # 1 Kimco Supply Corp , of Boston P.O. ;;rx 2489 181 New Boston Street, Woburn, M 01888Te1: 781-930-0909 Fax: 781-932-9213 -Division Purchased at : WOBURN INVOICE NO. 30243 Date: 05 JAN 2007 Account: GROOCC Page No. : 1 Project No. : Customer: Ship To GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 .SWAMPSCOTT RD SWAMPSCOTT, MA 01907 ATTEN:PETER 617-548-0820 SALEM,MA. Salesperson: CAS Customer PO# NEW OFFICE Terms : Net 30 days Sales Order: 32910 Customer Job Order Ship B/O Description Unit Price Extension 5 5 **DR16 814 3070 LH/C-LABEL;REG&PA 130 . 00 650. 00 CLSR/MK#1; 3 ; 8 ; 15 ; 29 1 1 **DR16 814 3070 LH/DEADBLT STRK/MK#14 120 . 00 120 . 00 1 1 **DR16 814 3070 RH/C-LABEL; PA CLSR;RIM 130 . 00 130 . 00 EXIT REINF/MK#6 4 4 **DR16 814 3070 RH/C-LABEL;CLSR 130 . 00 520 . 00 REINF/MK#2; 5 ; 7 ; 18 3 3 **DR16 814 3070 RH/CLSR 120 . 00 360 . 00 REINF/MK#12 ; 13 ; 26 1 1 3070 SGL DR16 STD 814 AO A40NP LH (N13 110 . 00 110 . 00 ; F1C ; GlA ; DLF ) ASA 5 5 3070 SGL DR16 STD 578 AO A40NP LH (N13 76 . 00 380. 00 F1C ; G1A ; DLF ) ASA MK#20;21; 31;33 ;34 3 3 3070 SGL DR16 STD 578 AO A40NP RE (N13 76 . 00 228 . 00 ; F1C ; G1A ; DLF ) ASA MK#24 ;30;32 1. 1 **DR16 578 3070 RH/BLNK SJ,-REG 80 . 00 80 .00 CLSR/MK#22 1 1 2468 SGL DR16 STD 578 AO A40NP LH (N13 76 . 00 76 . 00 ; F1C ; G1A ; DLF ) ASA MK#19 1 1 2870 SGL DR16 STD 578 AO A40NP RH (N13 76 . 00 76 . 00 ; F1C ; G1A ; DLF ) ASA MK#62 1 1 **DR16 814 2 ' 6X4 ' 6" RH/C-LABEL;PREP 170 . 00 170 . 00 3-HNGS/MK#9 1 1 **PA18 3070 161 LH/C-LABEL; INSTALL 250 . 00 250 . 00 LP722;PREP THRUBLTS/MK#1 1 1 **PA18 3070 BLNK RH/C-LABEL;PREP ED .270 . 00 270. 00 FUNC HOLES LHR; INSTALL LP122 2 2 **PA18 3070 161 RH/C-LABEL;PREP FOR 185 . 00 370 . 00 THRUBLTS/MK#2;5 4 0 4 **PREFIN.BIRCH 3070 161 LH/PREP FOR 145 . 00 . 00 THRUBLTS/MK#10 ;20 ;27 ; 53 Kam,.o Supply Corp . of Boston P.O.,Box,24�9, 181 New Boston Street, Woburn, M 0188"a Tel: 781-938-0909 Fax: 781-932-9213 Division Purchased at : WOBURN INVOICE NO. 30243 Date: 05 JAN 2007 Account : GROOCC Page No. : 2 Project No. : Customer: Ship To GROOM CONSTRUCTION COMPANY GROOM. CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 ATTEN: PETER 617-548-0820 SALEM,MA. Salesperson: CAS Customer PO# NEW OFFICE Terms : Net 30 days Sales Order: 32910 Customer Job Order Ship B/O Description Unit Price Extension 5 0 5 **PREFIN.BIRCH 3070 161 RH/PREP FOR 145 . 00 . 00 THRUBLTS/MK#23 ;24; 26; 52;55 1 0 1 **PREFIN.BIRCH 3070 161 LH/PREP FOR 160 . 00 . 00 THRUBLTS;DEADBOLT PREP/MK#14 2 0 2 **PREFIN.BIRCH 3070 161 RH/PREP 230 . 00 . 00 THRUBLTS; INSTALL LP722 W/CLR GLASS/MK#12; 13 2 0 2 3070 1 3/4 Wood Door BLK MFPC HS PBRC 140 . 00 . 00 F PC CLEAR Birch 7-PLY NH BUTTS/ONLY 0 MK#22;54 3 0 3 **PREFIN. 90MIN BIRCH 3070 161 LH/PREP 280 . 00 . 00 FOR THRUBLTS/MK#3 ; 15 ; 29 1 0 1 3070 1 3/4 Wood Door BLK WHI MFD90 HS 260 . 00 . 00 90 PBRC F MC CLEAR Birch 7-PLY LH BUTTS/ONLY 0 MK#46 2 0 2 **PREFIN. 90MIN BIRCH 3070 161 RH/PREP 280 . 00 . 00 FOR THRUBLTS/MK#16; 18 1 0 1 **PREFIN. 90MIN BIRCH 3070 161 LH/PREP 360 . 00 . 00 THRUBLTS; INSTALL LP722/MK#8 1 0 1 **PREFIN. 90MIN BIRCH 3070 161 RH/PREP 360 . 00 . 00 THRUBLTS; INSTALL LP722/MK#7 1 0 1 **PREFIN. 90MIN BIRCH 3070 BLNK LH/PREP 370 . 00 . 00 FOR MONARCH 1821 TRIM-RHR; INSTALL LP722/MK#35 60 0 60 Hinges ECBB1100 4 1/2 x 4 1/2 US26D 8 . 00 . 00 123 0 123 Hinges EC1100 4 1/2 x 4 1/2 US26D 5 . 00 . 00 20 0 20 Door Closer SC71 RW/PA 689 (ALUM) 90 . 00 . 00 12 0 12 Dummy Trim Y12 D 626 18 . 00 . 00 28 0 28 Passage Set B101 D 2 3/4-BS ASA 626 55 . 00 . 00 6 0 6 Privacy Set B301 D 2 3/4-BS ASA- 626 65 . 00 . 00 6 0 6 Lockset B511 D 2 3/4-BS SCHLAGE-C/KWY 82 . 00 . 00 ASA 626 9 0 9 Lockset B581 D 2 3/4-BS ASA 82 . 00 . 00 Kamco Supply Corp , of Boston P.0 Box 2489, 101 New Boston Street, Woburn, MA 01888Tei: 781-938-0909 Fax 781-932-9213 Division Purchased at : WOBURN INVOICE NO. 30243 Date: OS JAN 2007 Account: GROOCC Page No. : 3 Project No. : Customer: Ship To GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 ATTEN:PETER 617-548-0820 SALEM,MA. Salesperson: CAS Customer PO# NEW OFFICE Terms: Net 30 days Sales Order: 32910 Customer Job Order Ship B/O Description Unit Price Extension 1 0 1 Deadlock D841 2 3/4-BS SCHLAGE-C/KWY 25 . 00 00 626 2 0 2 Pull Plate 7116 630 20 . 00 . 00 2 0 2 Push Plate 71 411 X 1611 630 8 . 00 . 00 5 0 5 Kick Plate 90 8X34 630 18 . 00 . 00 3 0 3 Exit Device F18 R BA 32D 380. 00 . 00 1 0 1 Exit Device Trim 1821R L LHR 32D 120 . 00 . 00 1 0 1 Exit Device Trim 1821R L RHR 32D 120 . 00 : 00 12 0 12 Magnetic Catch 327 A 92 5 . 00 . 00 34 0 34 Wall Stop (s) 236W US32D 3 . 00 . 00 5 0 5 Floor Stop 241F US26D 4 . 00 . 00 Product Sub-Total $3, 790 . 00 MASS 5°6 TAX @5 . 000% $189 . 50 Total $3, 979.50 COMMIT!, .r JOB COST CODE %i,)UNT OVED Bf� ItiG EN REC) Invoice Nor: 650646 Invoice Date12/29/2006 w/ILC/Q MAIN OFFICE Londonderry, NH Avon, MA Williston,VT P.O. Box 2489 Tel(603)432-6490 -Tel(508)587-1500 Tel(802)658-3730 SUPPLY CORP .Woburn,MA 01888 Fax(603)432-6499 Fax(508)588-6140 Fax(802)658-4131 of Boston Tel(781 938-0909 Fax(78 )935-1696 Portland, ME Shrewsbury, MA Lebanon, ME Tel(207)775-6512 Tel(508)842-5170 Tel(207)339-8848 Fax(207)774-3384 Fax(508)842-5217 Fax(207)339-0102 BILL TO Store: 1 Woburn SHIP TO GROOM CONSTRUCTION COMPA 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 SALEM, MA 01907 77 CUST CD GROOCC Tax ID: Salesperson: 107 Date PO Number Terms Del Date Type Order# 12/29/06 . NEW OFFICE 1% 10 days N-30 12/28/2006 Our Truck 648647 Quantity Sell - Quantity Ship Item Pricing Per Unit Extended Ordered U/M Shipped U/M Number Qty Units Price Price 22 BU 22 BU OCF W65 1408 . 000/SF 0 . 696 SF 979 . 97 UNF R38X24X48 BATT OCF* 4 BU 4 BU OCF M36 1024 . 000/SF 0 . 215 SF 220 . 16 UNF RllX24X48 BATT OCF* 10 BU 10 BU OCF M47 853 . 300/SF 0 . 330 SF 281 . 59 UNF R19X16X96 BATT OCE* Total Ship Units : 0 . 000 EACH OMMiTs. , * JOB COST CODE AMOUNT APPROVED BILLING ENTERED SUBTOTAL FREIGHT SALES TAX TOTAL 1481 . 72 20 . 00 711 1575 . 81 YOU MAY DEDUCT 14 - 82 IF PAID BY 01/08/07 Page # 1 Invoice Nor 650902 Invoice Date: 12/29/2006 amCO MAIN OFFICE Londonderry,NH Avon, MA Williston,VT P.O. Box 2489 Tel(603)432-6490 Tel(508)587-1500 Tel(802)658-3730 SUPPLY COFP Woburn, MA 01888 Fax(603)432-6499 Fax(508)588-6140 Fax(802)658-4131 of Boston Tel(781)938-0909 Fax(781)935-1696 Portland, ME Shrewsbury, MA Lebanon,ME Tel(207)775-6512 Tel(508)842-5170 Tel(207)339-8848 Fax(207)774-3384 Fax(508)842-5217 Fax(207)339-0102 BILL TO Store : 1 Woburn SHIP TO GROOM CONSTRUCTION COMPA 324 ESSEX STREET 96 SWAMPSCOTT ROAD NEW OFFICE SWAMPSCOTT, MA 01907 SALEM, MA 01970 77 CUST CD GROOCC Tax ID: Salesperson : 102 Date PO Number Terms Del Date Type Order# 12/29/06 NEW OFFICE 1% 10 days N-30 12/29/2006 Our Truck 650383 Quantity Sell Quantity Ship - Item. Pricing Per Unit Extended Ordered U/M Shipped UV Number Qty Units Price Price 70 CTN 70 CTN USG 76-907 3360 . 000/SF 0 . 990 SF 3326 . 40 MILLENNIA 3/4 2X2 FLBA * Total Ship Units : 3500 . 000 LB COMMIT JOB COSTCODE AMOUNT :T �--------� 1 n 6, 'tNG ENTE t ArFiiJ'�ED SUBTOTAL FREIGHT SALES TAX TOTAL 3326 . 40 20 . 00 166 . 32 3512 . 72 YOU MAY DEDUCT 33 26 IF PAID BY 01/ g 08/07 Page # 1 _ I Invoice Nbf: 650714 Invoice Date: 12/29/2006 amco MAIN OFFICE Londonderry, NH Avon, MA Williston,VT P.O. Box 2489 Tel(603)432-6490 Tel(508)587-1500 Tel(802)658-3730 SUPPLY CORP Woburn, MA 01888 Fax(603)432-6499 Fax(508)588-6140 Fax(802)658-4131 of Boston Tel(781)938-0909 Fax(781)935-1696 Portland,ME Shrewsbury, MA Lebanon, ME Tel(207)775-6512 Tel(508)842-5170 Tel(207)339-8848 Fax(207)774-3384 Fax(508)842-5217 Fax(207)339-0102 BILL TO Store : 1 Woburn SHIP TO GROOM CONSTRUCTION COMPA 324 ESSEX STREET 96 SWAMPSCOTT ROAD NEW OFFICE SWAMPSCOTT, MA 01907 SALEM, MA 01970 77 CUST CD GROOCC Tax ID: Salesperson: 102 Date PO Number Terms De! Date Type Order# 12/29/06 NEW OFFICE 1% 10 days N-30 12/28/2006 Our Truck 649519 Quantity Sell Quantity Ship Item Pricing Per Unit Extended Ordered U/M Shipped U/M Number Qty Units Price Price 2 . 00 CTN 2 . 00 CTN ARM 7500 480 . 000/LF 0 . 419 LF 201 . 12 SUPRAFINE 12 ' MB WHT* 4 . 00 CTN 4 . 00 CTN ARM ML7540 960 . 000/LF 0 . 419 LF 402 . 24 SUPRAFINE 4 ' HOOK TEE WHT * 4 . 00 CTN 4 . 00 CTN ARM ML7520 480 . 000/LF 0 . 419 LF 201 . 12 SUPRAFINE 2 ' HOOK TEE WHT * 2 . 00 CTN 2 . 00 CTN ARM 7600 720 . 000/LF 0 . 245 LF 176 . 40 _ PRELUDE 12 ' WALL ANGLE WHITE * 2 . 00 BU 2 . 00 BU HW12-50 280 . 000/PC 0 . 279 PC 78 . 12 HANG WIRE 12 GAUGE 12 , SOLS/BU* 1 CTN 1 CTN TEK- LAG 1 . 000/CTN 53 . 625 CTN 53 . 63 LAG DP 1/4X2" DH 500PC/CTN* 20 CTN 20 CTN USG 76-907 960 . 000/SF 0 . 990 SF 950 . 40 r . -7) rC. ILLE 4 2X2 FLBA _ I , U ns : 1592 . 000 LB C> 0 . 000 CTN n S TOTAL FREIGHT SALES TAX TOTAL 63 _ 20 . 00 103 . 15 2186 . 18 -;NG YOU Ml7, UCT IF PAID BY 20 . 63 01/08/07 Page # 1 Invoice Nor: 641837 Invoice Date: 12/13/2006 llmco MAIN OFFICE Londonderry, NH Avon,MA Williston,VT P.O. Box 2489 Tel(603)432-6490 Tel(508)587-1500 Tel(802)658-3730 SUPPLY CORP Woburn, MA 01888 Fax(603)432-6499 Fax(508)588-6140 Fax(802)658-4131 of eoston Tel(781)938-0909 Fax(781)935-1696 Portland, ME Shrewsbury, MA Lebanon,ME Tel(207)775-6512 Tel(508)842-5170 Tel(207)339-8848 Fax(207)774-3384 Fax(508)842-5217 Fax(207)339-0102 BILL TO Store : 1 Woburn SHIP TO GROOM CONSTRUCTION COMPA 324 ESSEX STREET CPU OR DELIVERY IN MASS SWAMPSCOTT, MA 01907 MA 77 CUST CD GROOCC Tax ID: - Salesperson: 123 Date PO Number Terms Del Date Type Order# 12/13/06 NEW OFFICE 1% . 10 days N-30 CPU 640790 Quantity -Sell Quantity Shipp Item Pricing Per Unit Extended Ordered U/M _Shipped _ Number — _ Qty _Units _ Price Price 2 . 00 CTN 2 . 00 CTN DON DXT24-050 600 . 000/LF 0 . 461 LF 276 . 60 CENTRICITEE 12 ' MB FLAT WHT* 4 . 00 CTN 4 . 00 CTN DON DXT222-050 600 . 000/LF 0 . 447 LF 268 . 20 CENTRICITEE 2 ' TEE FLAT WHT* 4 . 00 CTN 4 . 00 CTN DON DXT424-050 1200 . 000/LF 0 . 460 LF 552 . 00 CENTRICITEE 4 ' TEE FLAT WHT* 1 . 00 CTN 1 . 00 CTN DON M7-050 480 . 000/LF 0 . 280 LF 134 . 40 WA 15/16" X 12 ' FLAT WHT 201232* 1 . 00 BU 1 . 00 BU HW12-50 140 . 000/PC 0 . 334 PC 46 . 76 HANG WIRE 12 GAUGE 12 ' 50LB/BU* CON MITM:_:vl ,;,fir. -TpOta1 Shi Units : 685 . 000 LB AMOUNT ENTERE - SUBTOTAL FREIGHT SALES TAX TOTAL 1277 . 96 0 . 00 63 . 90 1341 . 86 YOU MAY DEDUCT 12 78 IF PAID BY 12/23/06 Page # 1 Invoice Nbr: 667719 Invoice Date: 01/26/2007 amcoMAIN OFFICE Londonderry, NH Avon, MA Williston,VT P O. Box 2489 Tel(603)432-6490 Tel(508)587-1500 Tel(802)658-3730 SUPPLY CORP Woburn, MA 01888 Fax(603)432-6499 Fax(508)588-6140 Fax(802)658-4131 of Boston Tel(781 938-0909 Fax(78 )935-1696 Portland,ME Shrewsbury, MA Lebanon, ME Tel(207)775-6512 Tel(508)842-5170 Tel(207)339-8848 Fax(207)774-3384 Fax(508)842-5217 Fax(207)339-0102 BILL TO Store : 1 Woburn SHIP TO GROOM CONSTRUCTION COMPA - --- 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 SALEM, MA 01907 77 CUST CD GROOCC Tax ID: Salesperson: 113 Date PO Number - Terms Del Date - Type Order# 01/26/07 - GROOMS OFFICE 10daysN-30 01/26/2007 _ Our Truck 663952 Quantity Sell Quantity Ship - Item Pricing Per Unit Extendetl Order U/M Shipped U!M Number Qty Units Price Price 17 CTN 17 CTN ARM 1821 816 . 000/SF 0 . 970 SF 791 . 52 FINE FISS HINRC 3/4 2X2 IL FC TotalShip Units : 935 . 000 LB � 1 A ED 9i CNG SUBTOTAL FREIGHT SALES TAX = 831 . 10' TOTA 791 . 52 0 . 00 39 . 58 YOU MAY DEDUCT 77 92 IF PAID BY 02/05/07 Page # 1 Invoice Nbr: 664979 //y� Invoice Date:. 01/23/2007 (,`mco MAIN OFFICE Londonderry, NH Avon, MA Williston,VT P.O. Box 2489 Tel(603)432-6490 Tel(508)587-1500 Tel(802)658-3730 SUPPLY CORP Woburn, MA 01888 Fax(603)432-6499 Fax(508)588-6140 Fax(802)658-4131 of Boston Tel(781)938-0909 Fax(781)935-1696 Portland, ME Shrewsbury, MA Lebanon, ME Tel(207)775-6512 Tel(508)842-5170 Tel(207)339-8848 Fax(207)774-3384 Fax(508)842-5217 Fax(207)339-0102 BILL TO Store : 1 Woburn SHIP TO GROOM CONSTRUCTION COMPA - 324 ESSEX STREET 96 SWAMPSCOTT ROAD NEW OFFICE SWAMPSCOTT , MA 01907 SALEM, MA 01970 77 CUST CD GROOCC Tax ID: Salesperson : 102 Date PO Number Terms Del Date Type Order# 01/23/07 NEW OFFICE 1% 10 days N-30 01/23/2007 Our Truck 664287 Quantity Sell Quantity Ship Item Pricing Per Unit Extended Ortleretl U/M Shipped UV Number _ Qty Units Price Price _ 36 CTN 36 CTN USG 76-907 1728 . 000/SF 0 . 990 SF 1710 . 72 MILLENNIA 3/4 2X2 FLBA * Total Ship Units : 1800 . 000 LB t I ----, ENTERED SUBTOTAL=FREIGHT SALES TAX TOTAL 17107200 85 . 54 1816 . 26 YOU MAY DEDUCT 17 . 11 IF PAID BY 02/02/07 Page # 1 Kamco Supply Corp . of Boston P.O. Box Jy14! :31 New Boston Street, Woburn, M 01888Te1: 701-938-0909 Fax: 781-932-9213 OM1. ilvision Purchased at : - WOBURN INVOICE NO. 31002 ti Y° 7c'_ Date: 17 JAN 2007 Account: GROOCC Page No. : 1 Project No. : customer: � Ship To GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 ATTEN:PETER 617-548-0820 SALEM,MA. Salesperson: CAS Customer PO# NEW OFFICE Terms : Net 30 days Sales Order: 32910 . 1 Customer Job " Order Ship B/O Description Unit Price Extension 4 1 3 **PREFIN.BIRCH 3070 161 LH/PREP FOR 145 . 00 145 . 00 THRUBLTS/MK#10; 20 ;27; 53 5 2 3 **PREFIN.BIRCH 3070 161 RH/PREP FOR 145 . 00 290 . 00 THRUBLTS/MK#23 ;24 ;26; 52 ;55 1 0 1 **PREFIN.BIRCH 3070 161 LH/PREP FOR 160 . 00 . 00 THRUBLTS;DEADBOLT PREP/MK#14 2 0 2 **PREFIN.BIRCH 3070 161 RH/PREP 230 . 00 . 00 THRUBLTS; INSTALL LP722 W/CLR GLASS/MK#12; 13 2 0 2 3070 1 3/4 Wood Door BLK MFPC HS PBRC 140 . 00 . 00 F PC CLEAR Birch 7-PLY NH BUTTS/ONLY 0 0 MK#22;54 3 0 3 **PREFIN. 90MIN BIRCH 3070 161 LH/PREP 280 . 00 . 00 FOR THRUBLTS/MK#3 ;15 ;29 1 1 3070 1 3/4 Wood Door BLK WHI MFD90 HS 260 . 00 260 . 00 90 PBRC F MC CLEAR Birch 7-PLY LH BUTTS/ONLY 0 0 MK#46 2 1 1 **PREFIN. 90MIN BIRCH 3070 161 RH/PREP 280 . 00 280 .00 FOR THRUBLTS/MK#16; 18 1 0 1 **PREFIN. 90MIN BIRCH 3070 161 LH/PREP 360 . 00 . 00 THRUBLTS; INSTALL LP722/MK#8 1 0 1 **PREFIN. 90MIN BIRCH 3070 161 RH/PREP 360 . 00 .00 THRUBLTS; INSTALL LP722/MK#7 1 1 **PREFIN. 90MIN BIRCH 3070 BLNK LH/PREP 370 . 00 370 . 00 FOR MONARCH 1821 TRIM-RHR; INSTALL LP722/MK#35 60 21 39 Hinges ECBB1100 4 1/2 x 4 1/2 US26D 8 . 00 168 . 00 123 72 51 Hinges EC1100 4 1/2 x 4 1/2 US26D 5 . 00 360 . 00 20 8 12 Door Closer SC71 RW/PA 689 (ALUM) 90 . 00 720 .00 12 6 6 Dummy Trim Y12 D 626 18 . 00 108 . 00 28 20 8 Passage Set B101 D 2 3/4-BS ASA 626 55 . 00 1100 . 00 6 1 5 Privacy Set B301 D 2 3/4-BS ASA 626 65 . 00 65 . 00 6 0 6 Lockset B511 D 2 3/4-BS SCHLAGE-C/KWY 82 . 00 00 ASA 626 Kamco Supply Corp . of Boston ?.0. Box 2489`181 New Boston Street, Woburn, M 01888Te1: 781-938-0909 Fax: 781-932-9213 1 Division Purchased at : WOBURN INVOICE NO. 31002 Date : 17 JAN 2007 Account : GROOCC Page No. : 2 Project No. : Customer: Ship To SII GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 ATTEN:PETER 617-548-0820 SALEM,MA. Salesperson: CAS Customer PO# NEW OFFICE Terms : Net 30 days Sales Order: 32910 . 1 Customer Job Order Ship B/O Description Unit Price Extension 9 0 9 Lockset B581 D 2 3/4-BS ASA 82 . 00 . 00 SCHLAGE-C/KWY 626 1 0 1 Deadlock D841 2 3/4-BS SCHLAGE-C/KWY 25 . 00 . 00 626 2 1 1 Pull Plate 7116 630 20 . 00 20 . 00 2 1 1 Push Plate 71 4" X 16" 630 8 . 00 8 . 00 5 5 Kick Plate 90 8X34 630 18 . 00 90 .00 3 0 3 Exit Device F18 R BA 32D 380 . 00 . 00 1 0 1 Exit Device Trim 1821R L LHR 32D 120 . 00 . 00 1 0 1 Exit Device Trim 1821R L RHR .32D 120 . 00 . 00 12 6 6 Magnetic Catch 327 A 92 5 . 00 30 . 00 34 20 14 Wall Stop (s) 236W US32D 3 . 00 60. 00 5 3 2 Floor Stop 241F US26D 4 . 00 12 . 00 Product Sub-Total $4, 086 . 00 MASS 5% TAX @5 . 00000 $204 , 30 Total $4, 290. 30 Invoice Nbr: 658293 /�/ /i - Invoice Date: o>_/ii/2007 G�w o MAIN OFFICE Londonderry, NH Avon, MA Williston,VT P.O Box 2489 Tel(603)432-6490 Tel(508)587-1500 Tel(802)658-3730 SUPPLY CORP Woburn, MA 01888 Fax(603)432-6499 Fax(508)588-6140 Fax(802)658-4131 of Boston Tel 938-0909 Fax(781)935-1696 Portland, ME Shrewsbury, MA Lebanon, ME FTel(207)775-6512 Tel(508)842-5170 Tel(207)339-8848 Fax(207)774-3384 Fax(508)842-5217 Fax(207)339-0102 BILL TO Store: 1 Woburn SHIP TO GROOM CONSTRUCTION COMPA --- 324 ESSEX STREET 96 SWAMPSCOTT ROAD NEW OFFICE SWAMPSCOTT, MA 01907 SALEM, MA 01970 77 CUST CD GROOCC Tax ID: Salesperson: 102 Date PO Number Terms Del Date Type Order# 01/11/07 NEW OFFICE 1% 10 days N-30 01/11/2007 Our Truck 642661 Quantity Sell Quantity Ship Item Pricing Per Unit Extended Ordered U/M Shipped U/M Number Qty Units_ Price _ Price 46 CTN 46 CTN ARM 1821 2208 . 000/SF 0 . 970 SF 2141 . 76 FINE FISS HINRC 3/4 2X2 IL FC 20 CTN 20 CTN USG 76-907 960 . 000/SF 0 . 990 SF 950 . 40 MILLENNIA 3/4 2X2 FLBA * Total Ship Units : 3530 . 000 LB CG" ^ t 'c'CODE AMOUNT _ I_ I •^Y :7 ice'' I� j SUBTOTAL �FREIGHT�SA-T�-ESTAX TOTAL3092 . 161 3266 . 7] YOU MAY DEDUCT 30 92 IF PAID BY 01/21/07 Page # 1 Kamco Supply Corp . of Boston P.O. Pox 2489, 181 New Boston Street, Woburn, MA 01888Tel: 781-938-0909 Fax: 781-932-9213 Division Purchased at : WOBURN INVOICE NO. 30761 Date : 12 JAN 2007 Account : GROOCC Page No. : 1 Project No. : Customer: Ship To GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 PETE: 617-548-0820 SALEM,MA. Salesperson: CAS Customer PO# GROOMS NEW .OFFIC Terms : Net 30 days Sales Order: 33577 Customer Job Order Ship B/O Description Unit Price Extension 1 1 3070 SGL DR16 STD 578 AO A40NP RH (N13 76 . 00 76 .00 F1C ; G1A DLF ) ASA Product Sub-Total $76 . 00 MASS 5% TAX ®5 . 0000-. $3 . 80 Total $79 .80 Og COSTCODE AMOUNT 5:LL.: .G ENTERED I Kamco Supply Corp . of Boston P.O. Box 2489, 181 New Boston Street, Woburn, M 01888Te1: 781-938-0909 Fax: 781-932-9213 Division Purchased at : WOBURN INVOICE NO. 30762 Date : 12 JAN 2007 Account: GROOCC Page No. : 1 Project No. : Customer: Ship To GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 PETER: 617-548-0820 SALEM,MA. Salesperson: CAS Customer PO# NEW OFFICE Terms: Net 30 days Sales Order: 32950 Customer Job Order Ship B/O Description Unit Price Extension 15 10 5 **PREFIN.BIRCH 3070 161 LH/PREP 260 . 00 2600 . 00 THRUBLTS; INSTALL BEADED FULL LITE/MK#21;28 ; 31; 33 ;34 ; 36; 37;38;40 ;43 ; 45 ;47;49; 50;51 8 5 3 **PREFIN.BIRCH 3070 161 RH/PREP 260 . 00 1300 . 00 THRUBLTS; INSTALL BEADED FULL LITE;MK#25;30 ; 32 ;39;41 ;42;44;48 1 0 1 **BIRCH 90MIN 2 ' 61IX4' 6"/PREP FOR 420 . 00 . 00 3-HNGS &161/MK49 1 0 1 **PREFIN.BIRCH 2870 161 RH/PREP 200 . 00 . 00 THRUBLTS/MK#62 1 0 1 **PREFIN.BIRCH 2 ' 41IX6' 8"161 LH/PREP 250 . 00 . 00 THRUBLTS/MK419 s 6 6 **PREFIN.BIRCH 2070 180 . 00 1080 . 00 BLNK/MK#56=2; 57=2 ;58=2 6 0 6 **PREFIN.BIRCH 2 ' 6X7' 0 180 . 00 . 00 BLNK/MK#59=2 ;60=2 ; 61=2 Product Sub-Total $4, 980 . 00 MASS 5% TAX @5 . 00000 $249. 00 Total $5, 229.00 C:',•'•"t - me ;.:_r r'r11�F n iT 4A.L)llti OF zo i L ..„r ViY'v E0 SiL LifJu -- Ei41ERED Kamco Supply Corp . of Boston P.O. Box 2489, 181 New Boston Street, Woburn, MA 01888Te1: 781-938-0909 Fax: 781-932-9213 Division Purchased at : WOBURN INVOICE NO. 30764 Date : 12 JAN 2007 Account: GROOCC Page No. : 1 Project No. : Customer: Ship To - GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 PETER: 617-548-0820 SALEM,MA. Salesperson: CAS Customer PO# NEW OFFICE Terms : Net 30 days Sales Order: 32999 Customer Job Order Ship B/O Description Unit Price Extension 1 1 DR16 878 3070 RH/C-LABEL;PA CLSR REINF 150 . 00 150 . 00 1 1 DR16 13 7/8 3070 RH 160 . 00 160 . 00 Product Sub-Total $310 .00 MASS 5% TAX @5 . 000°% $15 . 50 Total $325. 50 C '" "� ^°• COST CODE AMOUNT z IDS — — ---- _ 7 — t-'' •, }Encs Kamco Sup 1Y' Corp . of Boston p P.O. Box 2489, 181 New Boston Street, Woburn, M 01888Te1: 781-938-0909 Fax: 781-932-9213 Division Purchased at : WOBURN INVOICE NO. 31110 Date: 18 JAN 2007 Account : GROOCC Page No. : 1 Project No. : Customer: Ship To GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 PETER: 617-548-0820 SALEM,MA. Salesperson. CAS Customer PO# NEW OFFICE Terms: Net 30 days Sales Order: 32950 . 1 Customer Job Order Ship B/O Description Unit Price Extension 5 5 **PREFIN.BIRCH 3070 161 LH/PREP 260 . 00 1300 . 00 THRUBLTS; INSTALL BEADED FULL LITE/MK#21;28;31; 33 ;34 ; 36;37 ; 38;40;43 ; 45 ;47 ;49; 50;51 3 3 **PREFIN.BIRCH 3070 161 RH/PREP 260 . 00 780 . 00 THRUBLTS;INSTALL BEADED FULL LITE;MK#25;30; 32 ;39;41 ;42 ;44;48 1 0 1 **BIRCH 90MIN 2 ' 61IX4' 6"/PREP FOR 420 . 00 . 00 3-HNGS &161/MK#9 1 1 **PREFIN.BIRCH 2870 161 RH/PREP 200 . 00 200 . 00 THRUBLTS/MK#62 1 1 **PREFIN.BIRCH 2 ' 41IX6' 811161 LH/PREP 250 . 00 250 . 00 THRUBLTS/MK#19 6 6 **PREFIN.BIRCH 2 ' 6X7' 0 180 . 00 1080 .00 BLNK/MK#59=2;60=2 ;61=2 Product Sub-Total $3, 610 . 00 MASS 5% TAX @5 . 000°% $180 . 50 Total $3,790.50 CncT CODE AMOUNT I _ y �Ni RED Invoice Nbr: 643996 Invoice Date: 1-2/15/2 00 6 amco MAIN OFFICE Londonderry, NH Avon,MA Williston,VT P.O. Box 2489 Tel(603)432-6490 Tel(508)587-1500 Tel(802)658-3730 SUPPLY CORP Woburn, MA 01888 Fax(603)432-6499 Fax(508)588-6140 Fax(802)658-4131 of Boston Tel(781)938-0909 Fax(781)935-1696 Portland, ME Shrewsbury, MA Lebanon, ME Tel(207)775-6512 Tel(608)842-5170 Tel(207)339-8848 Fax(207)774-3384 Fax(508)842-5217 Fax(207)339-0102 BILL TO Store : 1 Woburn SHIP TO GROOM CONSTRUCTION COMPA 324 ESSEX STREET 96 SWAMPSCOTT ROAD NEW OFFICE SWAMPSCOTT, MA 01907 SALEM, MA 01970 77 CUST CD GROOCC Tax ID: Salesperson: 102 Date PO Number Terms Del Date Type Order# 12/15/06 NEW OFFICE - 1% 10 days N-30 12/15/2006 Our T=uck 642528. - Quantity Sell Quantity Ship Item Pricing Per Unit Extended Ordered WM Shipped U/M Number Qty Units Price _ Price 20 . 00 PC 20 . 00 PC H 1X10 20 . 000/PC 6 . 250 PC 125 . 00 H CHANNEL 1"X10 ' WHT VINYL (725) * Total Ship Units : 20 . 000 LB y COMM! M. .' JOB COSTCODE AMOUNT A Pil SUBTOTAL FREIGHT SALES TAX TOTAL 125 . 00 20 . 00 6 . 25 151 . 25) YOU MAY DEDUCT 1 25 IF PAID BY 12/25/06 Page # 1 - — Invoice Nor: 642743 Invoice Date: 12/14/2006 amco MAIN OFFICE Londonderry, NH Avon, MA Williston,VT P.O. Box 2489 Tel(603)432-6490 Tel(508)587-1500 Tel(802)658-3730 SUPPLY COPP Woburn, MA 01888 Fax(603)432-6499 Fax(508)588-6140 Fax(802)658-4131 of Boston Tel(781)938-0909 Fax(781)935-1696 Portland, ME Shrewsbury,MA Lebanon, ME Tel(207)775-6512 Tel(508)842-5170 Tel(207)339-8848 Fax(207)774-3384 Fax(508)842-5217 Fax(207)339-0102 BILL TO Store : 1 Woburn SHIP TO GROOM CONSTRUCTION COMPA 324 ESSEX STREET 96 SWAMPSCOTT ROAD NEW OFFICE SWAMPSCOTT, MA 01907 SALEM, MA 01970 77 CUST CD GROOCC Tax ID: Salesperson : 102 Date PO Number Terms Del Date Type Order# 12/14/06 NEW OFFICE 1% 10 days N-30 12/13/2006 Our Truck- 642144 Quantity Sell Quantity Ship Item Pricing Per Unit Extended Ordered U/M Shipped UW Number _ Qty Units Price Price 10 CTN 10 CTN USG 76-907 480 . 000/SF 0 . 990 SF 475 . 20 MILLENNIA 3/4 2X2 FL13A * Total Ship Units : 500 . 000 LB k .1 COMMr'±, JOB COSTCODE AMOUNT 09 -r-RED SUBTOTAL FREIGHT SALES TAX -- TOTAL 475 . 20 20 . 00 23 . 76 5IT 96_ -' is D41D BY — ------------ Invoice Nbr: 654444 ---- - Invoice Date. 01/05/2007 amco MAIN OFFICE Londonderry, NH Avon, MA Williston,VT P.O. Box 2489 Tel(603)432-6490 Tel(508)567-1500 Tel(802)658-3730 SUPPLY CORP Woburn, MA 01888 Fax(603)432-6499 Fax(508)588-6140 Fax(802)6584131 of Boston Tel(781)938-0909 Fax(781)935-1696 Portland, ME Shrewsbury, MA Lebanon, ME Tel(207)775-6512 Tel(508)842-5170 Tel(207)339-8848 Fax(207)774-3384 Fax(508)842-5217 Fax(207)339-0102 BILL TO Store : 1 Woburn SHIP TO GROOM CONSTRUCTION COMPA 324 ESSEX STREET 96 SWAMPSCOTT ROAD 4e, NEW OFFICE SWAMPSCOTT, MA 01907 SALEM, MA 01970 `" 77 CUST CD GROOCC Tax ID: - .Salesperson: 102 Date PO Number Terms Del Date Type Order# 01/05/07 NEW OFFICE 1% 10 days N-30 01/05/2007 Our Truck 653820 - Quantity Sell Quantity Ship Item Pricing Per Unit Extended Ordered U/M Shipped U/tvl Number Qty Units Price Price 2 . 00 CTN 2 . 00 CTN DON DXLT24-050 600 . 000/LF 0 . 630 LF 378 . 00 CENTRICITEE DXLT 12 ' MB FL WH FC 4 . 00 CTN 4 . 00 CTN DON DXLT424-050 1200 . 000/LF 0 . 630 LF 756 . 00 CENTRICITEE DXLT 4 ' TEE FL WHITE 4 . 00 CTN 4 . 00 CTN DON DXLT222-050 600 . 000/LF 0 . 630 LF 378 . 00 CENTRICITEE DXLT 2 ' TEE FL WHT 4 - 00 CTN 4 . 00 CTN DON DXT24-050 1200 . 000/LF 0 . 461 LF 553 . 20 CENTRICITEE 12 ' MB FLAT WHT* 8 . 00 CTN 8 . 00 CTN DON DXT424-050 2400 . 000/LF 0 . 460 LF 1104 . 00 CENTRICITEE 4 ' TEE FLAT WHT* 8 - 00 CTN 8 . 00 CTN DON DXT222-050 1200 - 000/LF 0 . 447 LF 536 - 40 CENTRICITEE 2 ' TEE FLAT WHT* 3 . 00 CTN 3 . 00 CTN DON M7-050 1440 . 000/LF 0 . 280 LF 403 . 20 WA 15/16" X 12 ' FLAT WHT 201232* 20 CTN 20 CTN USG 76-907 960 . 000/SF 0 . 990 SF 950 . 40 -,. ,,, - ,�„r t, LLENNIA 3 4 2X2 FLEA C = otal N nits : 0 . 000 EACH ^ - 0 . 000 PC 2429 . 000 LB i ---- USTO FREIGHT SALES TAX TOTAL 5059 .0 20 . 00 252 . 96 _ _5332 . 16 ✓( YOU A DEDUCT 0 Gg IF PAID BY 01115/07 Pa.gF # ] Kdmco Supply Corp . of Boston P.O. Box 2489, 181 New Boston Street, Woburn, M 01888Te1: 781-938-0909 Fax: 781-932-9213 Division Purchased at : WOBURN INVOICE NO. 31756 Date: 29 JAN 2007 Account : GROOCC Page No. : 1 Project No. : Customer: Ship To GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 PETER: 617-548-0820 SALEM,MA Salesperson: CAS Customer PO# GROOMS OFFICE Terms : Net 30 days Sales Order: 34203 Customer Job Order Ship B/O Description Unit Price Extension 1 1 DR16 814 3070 RH-W 2411SIDELITE 600 . 00 600 . 00. Product Sub-Total $600 . 00 MASS 50-. TAX @5 . 00000 $30 . 00 Total $630 . 00 Kamco Supply Corp . of Boston P.O. Box 2489, 181 New Boston Street, Woburn, M 01888Te1: 781-938-0909 Fax: 781-932-9213 Division Purchased at: WOBURN INVOICE NO. 31755 Date: 29 JAN 2007 Account: GROOCC Page No. : 1 . Project No. : Customer: Ship To GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 CARL: 617-719-2179 SALEM,MA. Salesperson: CAS Customer PO# GROOMS OFFICE Terms: Net 30 days Sales Order: 34709 Customer Job Order Ship B/O Description Unit Price Extension 2 2 Passage Set B101 U-2 3/4-BSASA 626 60. 00 120 . 00 3 3 Privacy Set B301 D 2 3/4-BS ASA 626 70 . 00 210 . 00 Product Sub-Total $330 . 00 MASS 5% TAX @5 . 000% $16 . 50 Total $346. 50 -- wt t 0 74 t Op' t ED B! LING EN7ERliD 'amCo Supply Corp . of Boston P.O. Box 2489, 181 New Boston Street, woburn, M 01888Te1: 781-938-0909 Fax: 781-932-9213 Division Purchased at: WOBURN INVOICE NO. 31426 Date: 24 JAN 2007 Account : GROOCC Page No. : 1 Project No. : Customer: Ship To GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 SALEM,MA Salesperson: CAS Customer PO# NEW OFFICE/GROOM Terms : Net 30 days Sales Order: 33794 Customer Job Order Ship B/O Description Unit Price Extension 1 1 Lockset B581 D 2 3/4-BS ASA 82 . 00 82 . 00 SCHLAGE-C/KWY 626 Product Sub-Total $82 . 00 MASS 50-. TAX @5 . 000°% $4 . 10 Total $86. 10 <:.NiERED - Kamco Supply Corp . of Boston 2.0. Box 2489, 181 New Boston Str^et, Woburn, M 01888Te1: 781-938-0909 Fax 781-932-9213 Division Purchased at: WOBURN INVOICE NO. 29703 Date : 27 DEC 2006 Account : GROOCC Page No. : 1 Project No. : Customer: Ship To GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 PETER: 617-548-0820 SALEM,MA. Salesperson: CAS Customer PO# GROOMS NEW OFFIC Terms : Net 30 days Sales Order: 32663 Customer Job Order Ship B/O Description Unit Price Extension 3 3 4070 DBL DR16 STD 578 AO A40NP LH\RH 80 . 00 240 . 00 (N13 ; KC ; DLF ) 1 1 3070 SGL DR16 STD 814 AO A40NP LH (N13 120 . 00 120 . 00 F1C ; GlA ; DLF ) ASA 1 1 3070 SGL DR16 STD 814 AO A40NP PH (N13 120 . 00 120 . 00 F1C ; GlA DLF ) ASA Product Sub-Total $480 . 00 MASS 5$ TAX @5 . 000% $24 . 00 Total $504 . 00 COMMtTV * JOB COST CODE AMOUNT C;vFD B)—sNV E TERED KdmCo Supply Corp . of Boston P.O. Box 2489, 181 New Boston Street, Woburn, M 01888Te1: 781-938-0909 Fax: 781-932-9213 Division Purchased at : WOBURN INVOICE NO. 29671 ' Date: 27 DEC 2006 Account: GROOCC Page No. : 1 Project No. : Customer. Ship To GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT SWAMPSCOTT, MA 01907 SALEM,MA. Salesperson: CAS Customer PO# GROOMS NEW OFFIC Terms: Net 30 days Sales Order: 32475 Customer Job Order Ship B/O Description Unit Price Extension 1 1 Exit Device F18 R BA 32D 300 . 00 300 . 00 Product Sub-Total $300 . 00 MASS 5% TAX @5 . 00000 $15 . 00 Total $315 . 00 A 10-OYT -4 APPROVED BILLING E ERED Kamco Supply Corp . of Boston P.O. Box 2489, 181 New Boston Street, Woburn, MA 01886Te1: 781-938-0909 Fax: 781-932-9213 Division Purchased at : WOBURN INVOICE NO. 29464 Date: 21 DEC 2006 Account : GROOCC Page No. : 1 Project No. : Customer: Ship To ' GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 ATTEN:PETER 617-548-0820 SALEM,MA. Salesperson: CAS Customer PO# GROOMS NEW OFFIC Terms: Net 30 days Sales Order: 32056 Customer Job Order Ship B/O Description Unit Price Extension 10 10 3070 SGL DR16 STD 578 AO A40NP LH (N13 70 . 00 700 . 00 ; FIC ; G1A ; DLF ) ASA 7 7 3070 SGL DR16 STD 578 AO A40NP RH (N13 70 . 00 490 . 00 ; F1C ; G1A ; DLF ) ASA 1 1 **DR16 578 3070 LH/REG CLSR 82 . 00 82 . 00 REINF/MK#SNGL.BATH 1 1 **DR16 578 3070 RH/BLNK SJ;REG CLSR 82 . 00 82 . 00 REINF/MK#MENS RM 2 2 **DR16 814 3070 LH/BLNK SJ REINF RIM 160 . 00 k 320 . 00 EXIT;REG&PA CLSR REINF;C-LABEL 3 3 5070 DBL DR16 STD 578 AO A40NP LH\RH 80 . 00 240 . 00 (N13 ; F1C ; DLF ) Product Sub-Total $1, 914 . 00 MASS 5% TAX @5 . 000% $95 . 70 Total $2, 009 .70 COSTCODE AMOUNT COMMITMENT JOB _ O'K Zc�� Invoice Nbr: 646241 Invoice Date: 12/20/2006 ILmco MAIN OFFICE Londonderry,NH Avon, MA Williston,VT P.O. Bax 2489 Tel(603)432-6490 Tel(508)587-1500 Tel(802)658-3730 SUPPLY CORP Woburn, MA 01888 Fax(603)432-6499 Fax(508)588-6140 Fax(802)658-4131 of Boston Tel(781)938-0909 Fax(781)935-1696 Portland, ME Shrewsbury, MA Lebanon, ME Tel(207)775-6512 Tel(508)842-5170 Tel(207)339-8848 Fax(207)774-3384 Fax(508)842-5217 Fax(207)339-0102 BILL TO Store : 1 Woburn SHIP TO GROOM CONSTRUCTION COMPA 324 ESSEX STREET 96 SWAMPSCOTT ROAD NEW OFFICE SWAMPSCOTT, MA 01907 SALEM, MA 01970 77 CUST CD GROOCC Tax ID: Salesperson: 102 Date PO Number Terms Del Date Type Order# 12/20/06 . - NEW OFFICE , 1$ 10 days N-30 12/19/2006 Our Truck 645472 Quantity Sell Quantity Ship Item Pricing Per Unit Extended Ordered U/M Shipped U/M Number _ Qty Units Price Price 4 . 00 CTN 4 . 00 CTN ARM 7500 960 . 000/LF 0 . 419 LF 402 . 24 SUPRAFINE 12 ' MB WHT* 8 . 00 CTN 8 . 00 CTN ARM ML7540 1920 . 000/LF 0 . 419 LF 804 . 48 SUPRAFINE 4 ' HOOK TEE WHT * 8 . 00 CTN 8 . 00 CTN ARM ML7520 960 . 000/LF 0 . 419 LF 402 . 24 SUPRAFINE 2 ' HOOK TEE WHT 3 . 00 CTN 3 . 00 CTN ARM 7800 1080 . 000/LF 0 . 245 LF 264 . 60 PRELUDE 12 ' WALL ANGLE WHITE * < 1 . 00 BU 1 . 00 BU HW12-50 140 . 000/PC 0 . 279 PC 39 . 06 HAMMIMAWIT12 GAjt§ 12 ' 6 o a AMOUNT J� BILLING ENTERED -- - i ��1912T6�2 �FPEHT SALES TAX TOTAL 00 95 . 63 - 2028 . 25 r YOU MAY DEDUCT 19 . 13 IF PAID BY 12/30/06 Page # 1 Kimco Supply Corp , of Boston P.C. Box 2489, 181 New Boston Street, Woburn, M 01888Te1: 781-938-0909 Fax: 781-932-9213 Division Purchased at: WOBURN INVOICE NO. 29081 Date : 15 DEC 2006 Account : GROOCC Page No. : 1 Project No. : Customer: Ship To GROOM CONSTRUCTION COMPANY GROOM CONSTRUCTION COMPANY 324 ESSEX STREET 96 SWAMPSCOTT RD SWAMPSCOTT, MA 01907 ATTEN:PETER 617-548-0820 SALEM,MA. Salesperson: CAS Customer PO# GROOMS NEW OFFIC Terms : Net 30 days Sales Order: 31994 Customer Job Order Ship B/O Description Unit Price Extension 2 2 **DR16 814 3070 RH/C-LABEL;BLNK SJ 130 . 00 260 . 00 REINF;PA CLSR REINF 2 2 **PA18 3070 BLNK RH/C-LABEL;PREP FOR 220 . 00 440 . 00 MONARCH 1821 TRIM LHR 6 6 Hinge (s) BB1279 4 1/2 X 4 1/2 NRP 9 . 00 54 . 00 US26D 2 2 Door Closer SC81 RW/PA FC 689 (ALUM) 82 . 00 164 . 00 2 2 Rim Cylinder 3500-25-26D C KEYWAY 626 15 . 00 30 . 00 1 1 Exit Device F18 R BA 32D 300 . 00 300 . 00 2 2 Exit Device Trim 1821R L LHR 32D 110 . 00 220 . 00 '01Lim 0�^` Product Sub-Total $1, 468 . 00 MASS 50% TAX @5 . 000°% $73 .40 Total $1, 541.40 COMMITMtwT JOB _OSTCODE AMOUNT Og- 7-0 r- I A JED BILLING ENTERED � A l �s e CITY OF SALEM, MASSACHUSETTS Kimberley Driscoll Mayor March 12, 2007 Economic Assistance Coordinating Council ATTN: Robert Foley, Program Manager EDIP Massachusetts Office of Business Development One Ashburton Place, Suite 2101 Boston, MA 02108 To the Members of the Economic Assistance Coordinating Council: I am pleased to submit for your review the applications and supporting documentation necessary to designate Groom Realty, LLC a Certified Project through the Commonwealth's Economic Development Incentive Program (EDIP). Groom Realty, LLC is the holding company for Groom Construction Co., Inc., a local construction company, looking to expand and move their operations to Salem's newest industrial park at 96 Swampscott Road. Shortly after taking office last year, a developer approached me about his purchase of the former Atlantic Extrusions building at 96 Swampscott Road. The 170,000 square foot building had been vacant for over two years, with little interest from companies or developers looking to invest in the property. The developer envisioned redeveloping the property into industrial/commercial condominiums for smaller manufacturing companies. He quickly found interest from local companies looking for space and willing to invest in the property. The building is now home to nine companies, who are investing a great deal in their units. Three of these companies approached the City for assistance, Groom Construction, being one of them. Groom Construction was established in 1979 in Swampscott and serves both the residential and commercial construction markets. They are moving to Salem and purchasing a 22,000 square foot unit at 96 Swampscott Road. Groom Construction will be relocating from Swampscott, which will allow the company to move all of their operations, including their related company, Groom Energy Solutions, LLC, to Salem. They also plan to lease part of the completed space to a local dance studio and a few smaller contractors. The investment in the purchase and renovation of the unit is anticipated to be $1,725,000. The expected job growth is 28 full-time permanent jobs in the next five years. The City is proposing a five-year TIF Agreement for Groom Construction. If approved, it will be the first time in nearly six years that the city has used this valuable economic development tool to promote development in Salem. Projects using this tool in the past have exceeded job Salem City Hall—93 Washington Street—Salem, MA 01970-3592 Ph. 978-745-9595 Fax 978-744-9327 �7 creation goals and continue to provide meaningful tax revenue to the City. The financial impact of the project is substantial and will help send the message that we welcome new businesses and encourage economic development in Salem. On February 22, 2007, the project was submitted to the Salem City Council to designate the company as a certified project and endorse a five-year Tax Increment Financing (TIF) plan. The Council is reviewing the project at the Committee level on March 19 and we anticipate a favorable vote on March 22, 2007. The enclosed TIF plan and application for certified project status describe the City's reasons for offering the incentives and the benefits, which the company will bring to Salem. I appreciate your support of our economic development efforts and hope that, once again, you will vote to certify a Salem project. Very truly yours, 4U11. ]�e Kimberley Driscoll Mayor Salem City Hall—93 Washington Street—Salem, MA 01970-3592 Ph. 978-745-9595 Fax 978-744-9327 APPLICATION AND CERTIFICATION FOR PAYMENT AIA DOCUMENT G702 PAGE ONE OF PAGES TO OWNER: GROOM REALTY LLC PROJECT: 96 Swampscott Rd APPLICATION NO: Distribution to: 324 Essex Street =OWNER Swampscott,MA 01907 =x DANVERS BANK PERIOD TO: 0 FROM CONTRACTOR: VIA ARCHITECT: D Groom Construction Co.,Inc. 324 Essex Street PROJECT NOS: Swampscott,MA 01907 CONTRACT FOR: CONTRACT DATE: CONTRACTOR'S APPLICATION FOR PAYMENT The undersigned Contractor certifies that to the best of the Contractor's knowledge, Application is made for payment,as shown below,in connection with the Contract. information and belief the Work covered by this Application for Payment has been Continuation Sheet,AIA Document G703,is attached. completed in accordance with the Contract Documents,that all amounts have been paid by the Contractor for Work for which previous Certificates for Payment were issued and payments received from the Owner,and that current payment shown herein is now due. I. ORIGINAL CONTRACT SUM S 724,000.00 2. ADDITIONAL FUNDS $ 0.00 CONTRACTOR: Groom Construction Co.,Inc. 3. CONTRACT SUM TO DATE(Line 1 t 2) $ 724,000.00 4, TOTAL COMPLETED.@ STORED TO $ 0.00 DATE (Column G on G703) By: Date: 5. RETAINAGE: a. %of 50%Completed Work $ State of: County of. (Column D+E on G703) Subscribed and swom to before me this day of b. %of Balance of Contract S Notary Public: (Column F on G703) My Commission expires: Total Retainage(Lines 5a+5b or Total in Column 1 of G703). $ 0.00 ARCHITECT'S CERTIFICATE FOR PAYMENT 6. TOTAL EARNED LESS RETAINAGE S 0.00 In accordance with the Contract Documents,based on on-site observations and the data (Line 4 Less Line 5 Total) comprising the application,the Architect certifies to the Owner that to the best of the 7. LESS PREVIOUS CERTIFICATES FOR Architect's knowledge,information and belief the Work has progressed as indicated. PAYMENT(Line 6 from prior Certificate) $ $0.00 the quality of the Work is in accordance with the Contract Documents,and the Contractor 8. CURRENT PAYMENT DUE $ 0.00 is entitled to payment of the AMOUNT CERTIFIED. 9. BALANCE TO FINISH,INCLUDING RETAINAGE $ 0.00 - (Line 3 less Line 6) AMOUNT CERTIFIED...........$ CHANGE ORDER SUMMARY ADDITIONS DEDUCTIONS (Attach explanarion ifamount certified differsfrom the amount applied.Initial all figures on this Application and onthe Continuation Sheet that are changed to conform with the amount certified.) Total changes approved in previous months by Owner ARCHITECT: Total approved this Month By: Date: TOTALS $0.00 $0.00 This Certificate is not negotiable. The AMOUNT CERTIFIED is payable only to the Contractor named herein.Issuance,payment and acceptance of payment are without NET CHANGES by Change Order $0.00 prejudice to any rights of the Owner or Contractor under this Contract. AIA DOCUMENT G702 APPLICATION AND CERTIFICATION FOR PAYMENT 1992 EDITION AIA 01982 THE AMERICAN INSTITUTE OF ARCHITECTS.1735 NEW YORK AVE.,N.W.,WASHINGTON.DC 20006-5392 Users may obtain validation of this document by requesting a completed AIA Document D401 -Certification of Document's Authenticity from the Licensee. i : MA ontDocument signed certifc LIC is attached. _- ni 8 A!A ��C�/MElVT G�03 _ - APAP PLICATIONATIUN NO: 09/20/06'i CONTINBUATION SHEETATION FOR PAYMENT containing; PERIOD TO,! ancez orz antes _ _ In tabulations below,amounts are stated to the nearest dollar. - .._—�. - - --- . ------ i - - --- I - -- - --- - -- ---- ARCHITECTS PROJECT NO:� Use Column I on Contracts where variable retainage for line items may apply.- - A D E p G H ITEM DES=P-n :t7 SCHEDULED WORK COMPLETED _MATERIALS TOTAL _ % BALANCE RETAINAGE VALUEFROMPREVIOUS THIS PERIOD PRESENTLY - - COMPLETED (G C) REMAINMG— O- - � STORED AND STORED ON BUD_____.___ ._._- (D+E) (NOTM _ TO DATE_ ..-__ _-._. D ORE) .._- - (D+E1F) 01-999 Inte-mal Labor 40,000 0 - 0 0 .Q-.____-..__._ o6 3oo Carpentry Labor&Materials 15,000 — 0 0 0 0 - -- - -- --_ - - -- -- -- _-"-_--- -- 08-200 Interior Doors&Windows33000 0_ 0 _ _ 09-061 Drywall&Plaster 184,000 0 0 09 00o Flooring_ 20 000 0 _ _ - 09410 Painting--- 0 15000 - _ - - 0 0 09 soo Acoustical Ceilings _ .__33 000 0 - - ---- ---- --- - -- -- -`-- 14-02o Elevator -___—_ 48,000 _�. 0 is-oto Plumbing _ - - - - _- - -- ----- - I 0 31000 ___ 15-20 FIVAC 116,000 _ 0 0 Isaoo Sprinkler System 0 _ __. -__-_- -_---- - ---- 37 000 .. -____ _ - 16-l0o Electrical 58,000 _—_ 0 0 "-too Mason 0 22,000 o5-loo Structual Steel 73,000 _ ..___0 0 GRAND TOTALS $725,000 So SO S0 $0 $O $0 - Users may obtain validation of this document by requesting of the license a completed AIA Document D401 -Certification of Documents Authenticity c°osTxvcTt�l� "SINCE 1979" General Building Contractors March 12, 2007 Tania Hartford Economic Development Program Director City of Salem Department of Planning and Community Development 120 Washington Street Salem, MA 01970 96 SWAMPSCOTT RD Dear Tania, Groom Realty purchased the property in June 2006, with the project starting soon after the closing. The project is expected to be fully completed by July 2007. We are i-,ot currently participating in any other federal or state or economic development plans except the TIF and, assuming passage of the TIF, the EOA ITC. Enclosed are the following requested documents pertaining to our TIF Application: • Project floor design & elevations • Letter of commitment for the project from Danversbank • Project budget with supporting data. Note much of the work was self-performed by Groom Construction; we have included invoices where applicable. Please contact me if you need additional information. Sincer ly,/ 1 Mark Bernato GROOM CONSTRUCTION CO., INC. 96 SWAMPSCOTT ROAD, SALEM, MAO 1970 TELEPHONE (781) 592-3135 FACSIMILE(781) 593-1480 WEBSITE: www.Groomco.com MAR-12-2007 MON 11 :29 AM DANVERSBANK FAX NO. 9787770638 P. 01 Y �� L■■T/■anv VP 1 VC b ank Mail'OIfIcc: ()nC Conant SI,rcot_Dancers, NIA 01923 978-777-2200 • �ra'w.danrw'sLanl<.ugrn May 26,2006 Mr.Thomas Groom David Groom Groom Construction Co., Inc. Swampscott, MA 01907 Dear Tom and Dave: We are pleased to advise you that Danversbank(the Bank)has approved the following financing arrangement for Groom Construction Co.,Inc.,and a yet to be named real estate entity(the Borrower) subject to the following terms and conditions: Commercial Real Estate Morteaee Borrower: Nominee entity Amount: $1,900,000 Purpose: Finance the acquisition of commercial condominium unit 46 located at 96 Swampscott Road, Salem, MA and provide funds to build out the facility according to specifications together with your investment of$1,200,000 to finish the new facility. Term: Term of the construction period will be the earlier of 6 months from closing or completion of construction. Mortgage term will not exceed 20 1/2 years from the date of closing. Principal payments will begin immediately following construction period and will be amortized over 20 years. Repayment: Monthly payments during the construction term will be of interest only for the first 6 months then followed by monthly payments of principal and interest for the mortgage term. Rate: Fixed at time of closing to the Federal Home Loan Bank 5/20 amortizing advance rate plus 200 basis points for the first 5 1/2 years followed by three subsequent five-year adjustments to the then Federal Home Loan Bank 5/20 amortizing advance rate plus 200 basis points. Advances: The Bank will advance 80% of the acquisition price at closing and will make construction advances based on an approved budget to be submitted by the Borrower, aS well as terms outlined in the Construction Loan Agreement to be delivered at a later date. MAR-12-2007 MON 11 :30 AM DANVERSBANK FAX N0, 9787770638 P. 02 Prepayment: The following prepayment penalty will apply only if the loan is paid out by another financial institution: Payments will be applied in inverse order of maturity; 1 —3% of the loan balance; years 2—2% of the loan balance; year 3 — 1%of the loan balance; years 4— 1% of the loan balance; and year 5 - 1% of the balance,recurring at each subsequent rate adjustment period. Underwriting; The above commercial loan shall conform to the Bank's underwriting criteria at the time of closing, including the satisfactory review of 21E and real estate appraisals. Maximum loan to value of"as completed" value of the property shall not exceed 80%. Collateral: Valid first mortgage and assignment of leases and rents on unit #6 at 96 Swampscott Road, Salem,MA containing approximately 31,400 square feet. Guarantor: Thomas Groom, David Groom and Groom Construction Co., Inc. Appraisal: At the Borrower's expense,an appraisal of the collateral to be pledged as security will be performed before closing to determine the market value of the property on an "as is"and an"as to be completed"basis. Surveys: At the Borrower's expense, 21 E Hazardous Waste Site Assessment Report will be submitted before closing satisfactory to the Bank and Bank's counsel, indicating that the site is free from hazardous waste. Zoning and Other Matters: The Bank shall be provided with proper evidence acceptable to Bank's counsel that the buildings on the Mortgaged Premises comply in all material respects with all applicable building, sewerage, zoning, environmental protection, sanitary and safety laws, rules and regulations. Title and Documents: The Borrower shall execute all such documents, agreements or other instruments as the Bank or Bank's counsel shall request in conjunction with this transaction each in form and substance satisfactory to Bank and Bank's counsel. The Bank is to be furnished with a title insurance policy on mortgage properties in the amount of the Bond containing no exceptions (other than those approved by the Bank and counsel to the Bank) in a company or companies acceptable to the Bank and Bank's counsel. Insurance: Borrower shall provide Bank with liability, hazard and contents insurance in an aggregate sum equal to the lesser of the outstanding loan balances from time to time or the maximum insurable value thereof, naming Bank as loss payee and mortgagee as the case may be. Flood Insurance: The Borrower authorizes the Bank to research whether or not the Mortgage Premises is located in the HUD-FHA designated flood area. If the determination has been made that the Mortgaged Premises is located in the HUD-FHA designated flood area,the Mortgaged Premises must be insured by a flood insurance policy in the amount of the Loan,or the maximum coverage limit, whichever is less. Borrower agrees to pay flood certification fees of$12. 2 MAR-12-2007 MON 11 :30 AM DANVERSBANK FAX NO. 9787770638 P. 03 Legal Fees: The borrower will be responsible for all legal fees associated with this arrangement. Late Charge: The Borrower shall pay a late charge equal to five (5.00%) percent of any payment with a minimum late charge of $35. for any payment not received within ten (10)days of the due date thereof. Tax Escrow and Fee: At Bank's option,the Borrower shall deposit with Bank monthly such amounts as may be necessary to pay the real estate taxes assessed or estimated with respect to Swampscott Rd on a current basis. The Borrower agrees to pay a tax service escrow fee of$235 at closing whether or not the Lender actually collects such an escrow since the service provides the Bank with periodic reports relative to property tax status. Opinion of Counsel: There shall be furnished to Bank an opinion of counsel to the Borrower dealing with such matters as the Bank or Bank's counsel may request relating to the Borrower, the loan documents,and the various terms and conditions provided herein. Such opinion shall be in form and substance satisfactory to Bank and Bank's counsel. Conditions Precedent: Unless otherwise indicated,the conditions provided for herein are conditions precedent to the Bank's obligation to enter into the Loan transactions and disburse any funds thereunder. In order to facilitate the Bank's review of the material necessary to evidence the compliance with such conditions,the Borrower agrees to deliver any and all material required hereunder to Bank or Bank's counsel at least ten(10)days before the closing. Costs: Whether or not the transaction herein contemplated is completed for any reason whatsoever, the Borrower will pay all costs which may be incurred by Bank in connection with the within transaction, including without limitation, all costs of filing fees and fees of Bank's counsel, so that Lender shall bear no expenses whatsoever in connection with this commitment and the Loans contemplated hereby. In the event that Bank is made or becomes a party to any litigation arising out of this commitment,Borrower agrees to pay Bank's court costs and attorneys'fees in connection with such litigation through and including the cost of any appeals; provided,however, in the event such litigation is between the Borrower and the Bank,the Borrower shall have no obligation to pay said costs incurred by the Lender if there is a final judicial determination in favor of the Borrower. In any such litigation, Bank shall have the right to select its own counsel. The obligations of the Borrower under this paragraph shall survive the expiration,cancellation or termination of this commitment, and the closing of the Loans. Scope of Commitment: This commitment sets forth the entire agreement of the parties with respect to the subject matter hereunder, and supersedes all prior written (including,but not limited to, any loan application executed in connection with the Loans)or oral understandings with respect hereto; provided, however,that all representations, warranties and certifications in any manner made by Borrower to the Bank with respect to the subject matter hereunder shall survive the execution of this commitment. No modification or waiver of any provision of this commitment 3 MAR-12-2007 MON 1 131 AM DANVERSBANK FAX NO. 9787770638 P. 04 shall be effective unless the same shall be in writing and signed by the parties hereto. This proposal is further subject to the following: 1. Reporting: The Borrower and Guarantors shall be required to provide financial information on an annual basis including financial statements and tax returns prepared by an independent certified public accountant acceptable to the Bank within ninety(90) days after the close of each fiscal year. 2. Covenants: While the credit arrangements remain in effect,the Borrower will be required to maintain the following: a. Borrower to maintain its primary deposit relationship with the Bank. b. Maintain a minimum global debt service coverage ratio of 1.25xas measured at FYE. 3. Insurance: The Borrower shall maintain in effect at their own expense all hazard insurance required by the Bank with the Bank named as loss payee. Tom and Dave,we are pleased to provide this financing arrangement and I personally look forward to working with you both. If the above commitment meets with your approval please sign where appropriate and return the original to me. Yours ry trul Frank P.Roma Senior Vice esident This signature page is an integral part of the commitment letter dated May 26,2006. Agreed to and accepted this day of , 2006. Thomas Groom David Groom 4 Op STORAGE d w � ' Q* : I �ooxn uFcrxc wax O-- a LUNCH GYM ROOM e wme Wu €3 �- wox nxcwxEs _ Ijro6 O a �CCXRD00. I.x LEASE WAREHOUSE F/Rllxglb IINI6.L6 � r �+ i .O.a _ 0.1'I o. 1•�S , 's syV.'I� e.s. Vf - WDF(N ' LYF59X4 3 KHtmDu m \ f. DANCE STUDIO Q I E O r J�__ STUDIO B Mxm4xgxarow O i q •'�x.�,x.�.... oRowaoeimoxWco. "siuolo A GROOM _ OFFICE "trO'•""•"'�' CONF O CONSTRUCTION CO O T m SW RX SMUT OFFICE OFFICE OFFICE ':OFFICE 0 FIC Llswaaunrrw 01901 FIRST FLOOR PIAN ARTRION TYPES LEGEND # •+ve-ra' Iqw MreD:6�sn6�srvoss l6�OC, s/e'ux9a _ tr.,.x,... 'LN 6DE FlLW rD US FlWP00.PCOF fECRMWE � � War�❑-.�«r" CY9 MRO;6'SIEEL StWSl I6'DC. S/B'LWII UCX , � v q.0.WGTO U.S RDW OP PODi DHF yOVF. ZIxxgY.SrqR DaU,.gSm N RnnS 5WF/4X FIRST FLOOR PLAN r � AZ.1 WToU6ROOAOARDOFOIc%WK. )NsTM s3R /R'$3-x9nns wwnrm: srEEi sruW a m-a..ae'CHS NOTE: DIMENSIONS TO FACE OF FINISH(GWB)AND TO CENTER UNES F. [X SIDS.FIAOR TO 6-4N..LL0VS SISRKED QIIYG. � �-•••• -m musr:c xaumx eons O O O O OHS O r 6 Da W Ibp.�M� .. 4PWx WeREM114 BELOW pia ox 4 — xprt wW+o r� •: 07RMS tEx ufs y Mi.1 . i O � rwmnxs IwtvDB I� �+'� xcvtsroxux tln.ne 1 I I I I l I I I I I II I I I I urtnPTnxs�� oxawxnevcroL°°ico. L L J L GROOM CONSTRUCTION CO ��rf�iL�y §_ mrrudcf "+ 3Z4 SUUT SWNq$COR Mq 01907 " s 19'.t' 7'17-7 O O O 13'.Y u 9'.Y OSP.1• O9'Y O rON D FLOR PLAN: DDxxosauac Dse ts'Dc,sm-cwe.x Encx �P POO]DFL[.VC fIDa D0.l...l. SECOND FLOOR PLAN A2,2 Po DL A. E. sV,tP 1/B'•1'L' �'3' NOTE: DIMENSIONS TO FACE OF FINISH(GWS)AND TO CENTER UNES ?J 'xevlsrn rux O O C O O 2TV - 27'1" 27'-0" 27•,9, I- B 21'41" 27'1" 27--0" 27' 9'A' 103/0- . Flo 0 if Y f� .n t INn+ `f'.P�i'4�iP y�I�wi G�•t ti5§ .�4� 3j� -:fk yl �!p[��� h{M'.. I :5 w SOUTH ELEVATION: BUILDING 0 ____ _......- _._.__- _............... ....._...._.-._ _-__.._.. __._......-_ _.--- — .. -........_.._ I II All �I AA JJSJ lu P Y I � ggII j L � L XI �1ii A t i zi � - t I 0 O O CO CE EO E3 O r 0 a PARTIAL EAST ELEVATION: BUILDING COLS.A-G Y O Y W ✓( M i a Mum 7: Y t.fft7r ;3A rE� s I.i: *� G : PARTIAL EAST ELEVATION: BUILDING COLS. G-N