1. CARDINAL GLASS INDUSTRIES DURANT TIF Founded in 1962 5500+ Employees 27 Manufacturing Locations Corporate Headquarters Eden Prairie, Minnesota

2. DURANT CARDINAL FG APRIL 2003

3. CARDINAL FG CONSTRUCTION PHASE

5. CITY PLANNING & ZONING CHAIRMAN DURANT INDUSTRIAL AUTHORITY CHAIRMAN BRYAN COUNTY COMMISSIONERS CHAIRMAN DURANT SCHOOL DISTRICT BOARD CHAIRMAN DURANT KIAMICHI TECHNOLOGY CENTER SUPERINTENDENT BRYAN COUNTY EMERGENCY MEDICAL SERVICES BOARD PRESIDENT BRYAN COUNTY HEALTH DEPARTMENT DIRECTOR 2 COMMITTEE MEMBERS AT LARGE TAX INCREMENT FINANCING COMMITTEE MAYOR JERRY TOMLINSON – CHAIRMAN TIF

6. CARDINAL FG INVESTMENT LAND/BUILDING: $26,000,000 EQUIPMENT: $74,600,000 ROBOTIC STACKERS: $3,745,790 DURANT INFRASTRUCTURE: $7,809,131 $112,154,921 TOTAL INVESTMENT: $112,154,921

7. FUNDING REVENUES: TAX INCREMENT FINANCING $5,200,000 TIF TRUST INVESTMENT EARNINGS $ 29,967 CARDINAL CONTRIBUTION * $1,525,454 CARDINAL LAND INVESTMENT * $ 356,710 ODOT GRANT $ 100,000 CDBG GRANT $ 100,000 CDBG LOAN * $ 400,000 TOTAL PROJECT REVENUES $ 7,809,131 CITY OF DURANT TIF FUNDING REVENUES

8. MAIN PLANT ENTRANCE

9. A/C COLD END PACKING

10. 2900 DEGREE FURNACE

11. RAIL SPUR BATCH HOUSE

12. PRODUCTION START DATE JULY 4, 2004 WORKFORCE PAYROLL 7/4/2004 – 10/31/2011 $66,830,476 (7 YEARS 3 MONTHS) NUMBER OF EMPLOYEES270 2011 PROJECTED PAYROLL$9,298,073 LOCAL EMPLOYEE TRAINING THROUGH KIAMICHI TECHNOLOGY CENTER $710,000

13. PRODUCTION FAQ JULY 4, 2004 – OCTOBER 31, 2011 LOCAL SAND USED870,000+ TONS NATURAL GAS PURCHASED $57,926,951 GLASS PRODUCED1,470,747 TONS

14. TAX INCREMENT FINANCING CARDINAL FG PROPERTY TAX TAX RECEIPTS: 7/13/2006 – 11/02/2011 (5 YEARS, 3 MONTHS) $6,191,539.95 INTEREST EARNINGS THROUGH 11/14/2011 $6,168.68 TOTAL PROPERTY TAX RECEIPTS $6,197,708.63

15. TAX INCREMENT FINANCING CARDINAL FG PROPERTY TAX 7/17/2006 – 12/01/2011 (5 YEARS, 4 MONTHS) $5,000,000.00 INTEREST PAID THORUGH 12/01/2011 $1,196,001.33 TOTAL PAID$6,196,001.33 PAYMENT BALANCE$973,266.67 TAX INCREMENT FINANCING BONDS CALLED:

16. BRYAN COUNTY TREASURER VALUATIONS – TAXES COLLECTED TAX YEARVALUATIONTAX AMT TO BE COLLECTED 1998$93,871,436.00$7,732,615.40 1999$100,445,650.00$8,202,143.20 2000$109,866,153.00$8,898,342.28 2001$118,670,260.00$10,121,833.92 2002$126,263,987.00$10,813,303.60 2003$137,605,693.00$11,646,516.32 2004$152,551,178.00$12,365,781.20 2005$179,425,806.00$15,252,231.76 2006$189,471,429.00$16,165,285.56 2007$198,871,102.00$16,736,427.98 2008$210,956,317.00$17,819,969.00 2009$238,822,840.00$20,320,364.00 2010$265,261,093.00$22,424,843.00

17. Mayor Jerry L. Tomlinson City of Durant P.O. Box 578 Durant, OK 74702 Phone: 580-931-6605 JTomlinson@durant.org www.durant.org Tommy Kramer, Executive Director Durant Industrial Authority 215 North Fourth Avenue Durant, OK 74701 Phone: 580-924-4570 tkramer@durant.org www.ok-durant.org