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2 . Assuming new companies similar to Systec , a:. <br /> Tonal 20 to 40 new jobs would be created in the <br /> • City. <br /> 3 . The addition of $ 1 . 2 million to the tax base- , ' <br /> resulting in additional real estate taxes of <br /> approximately $60 , 000 . <br /> 4 . A contribution to the continuing redevelopment of <br /> the Apache Plaza area into a viable economic region. <br /> The feasibility of the proposed development is <br /> contingent on a final determination of soil conditions and <br /> correction costs . With the City ' s agreement to proceed as <br /> herein proposed, we will start immediately with testing . <br /> If the conditions are significantly different than <br /> expected, our request will be terminated or modified as <br /> appropriate . <br /> Our preliminary development schedule includes <br /> construction start in early summer with occupancy planned <br /> • for the fall of 1996 . <br /> Sinc r <br /> Kenneth Solie <br /> • <br />