aml hen November 18,2014 Upper Padre Parnes, 14850 compas St, Suite Corpus Christ 1 70838 Re: Confrmationof Compliance with 360 Agreement incentive Regulrements Gentlemen: In response to your letar dated November 4, 2014, we have determined that Noth Padre Waterpark Holdings LTD has not met the requirements denied inthe Type A Business Incentive Agreement dated May 8, 2012. Section 4 ofthe agreement states the folowing "One half ofthe grant ($2,500,000) willbe awarded upon completion ofthe waterpark. ‘Completion mesns that the Certificate of Occupancy for the waterpark hasbeen issued” _ACertifeate of Occupancy forthe waterparkhas not been sued. We reusing enclosures 1 and 2to determine the elements that make up» waterpark ‘Once the requrements detailed in Enclosure 2 have been met, Certifcate of Ocupancy for phase 1 ofa waterpark an be issued, andthe requirements ofthe Type A agreement wil have been met “The folowing items defied in Enclosure 2 stl need tobe completed: Legend t_[ tem Description ‘comment 7 enirance Bulding/Lodge feror mst present he appearance hat He Z centre structure i complete Test Rooms /Concesion Buldng Permit and TCO included Tae Rem above (Rest Rooms in Entrance Buling must ‘be operational and avaliable tothe pubic and fenterir must present the appearance thatthe centre structure i compete a Flow Wider Googie Bake) ‘Operational and Texas Amusement Ride CComplance mspecuon erate requires En Master Baters ‘Operational and Texas Amusement Ride CComplance Inspection Certifete required _you have any questions, please contact Wes Person, Assistant ity Manager, at 361-826-3082, sinceCO OCCUPANCY PLAN FOR PHASE 1 WATERPARK