Washington Parish

Subject to the voters of Sales Tax District No. One of the Parish of Washington (the "District") approving the proposition on the April 6, 2002 ballot, to reduce the rate of the District's sales and use tax from one percent (1%) to sixty-seven hundredths of one percent (.67%), shall the Parish of Washington, State of Louisiana (the "Parish"), under the provisions of Article VI, Section 29 of the Constitution of the State of Louisiana of 1974, and other constitutional and statutory authority, be authorized to levy and collect a tax of thirty-three hundredths of one percent (.33%) (the "Tax"), upon the sale at retail, the use, the lease or rental, the consumption, and the storage for use or consumption, of tangible personal property and on sales of services within the Parish, all as defined in R.S. 47:301 through 47:317, with the proceeds of the Tax to be dedicated and used solely for the purposes of constructing, improving, maintaining and resurfacing Parish roads and bridges, including incidental drainage and the acquisition of equipment therefor, and further, shall the Parish be authorized to fund the proceeds of the Tax into bonds to be issued in series from time to time for such capital purposes, to the extent and in the manner permitted by the laws of Louisiana, including Sub-Part F, Part III, Chapter 4, Title 39 of the Louisiana Revised Statutes of 1950, as amended?

Shall the Parish of Washington, State of Louisiana (the "Parish"), levy a ten (10) mills tax on all the property subject to taxation within the Parish, for a period of ten (10) years, beginning with the year 2002 and ending with the year 2011, dedicated solely for the purpose of constructing, improving, maintaining and resurfacing Parish roads and bridges, including incidental drainage and the acquisition of equipment therefor, with the proceeds of the tax subject to being funded into certificates of indebtedness for such capital purposes to the extent and in the manner provided by the laws of Louisiana?

Subject to the voters of the Parish of Washington approving the Parish sales and use tax proposition on the April 6, 2002 ballot, shall Sales Tax District No. One of the Parish of Washington, State of Louisiana (the "District"), under the provisions of Article VI, Section 29 of the Constitution of the State of Louisiana of 1974, and other constitutional and statutory authority, with regard to its sales and use tax presently being levied within the District pursuant to elections held on September 27, 1986 and April 11, 1992 (the "Tax") be authorized to (i) reduce the rate of the Tax from one percent (1%) to sixty-seven hundredths of one percent (.67%), and (ii) reallocate and rededicate the proceeds of the Tax in excess of that needed first for paying the costs of providing, maintaining, operating, constructing, acquiring and/or improving solid waste disposal facilities and/or services for the District, as follows: (a) 68% of such excess proceeds to pay the costs of services which the Parish is legally obligated to pay under the laws of Louisiana; (b) 15% of such excess proceeds to be used for constructing, maintaining and improving Parish roads and bridges in the District, (c) 15% of such excess proceeds to be used for constructing, maintaining and improving public roads, highways and bridges and for constructing, maintaining and improving drainage facilities and for economic development in the Town of Franklinton; (d) 1% of such excess proceeds to be used for constructing, maintaining and improving public roads, highways and bridges in the Village of Angie; and (e) 1% of such excess proceeds to be used for constructing, maintaining and improving public roads, highways and bridges in the Village of Varnado?

Shall Sales Tax District No. 2 of the Parish of Washington, State of Louisiana (the "District"), under the provisions of Article VI, Section 29 of the Constitution of the State of Louisiana of 1974, and other constitutional and statutory authority, be authorized to levy and collect a tax of one percent (1%) (the "Tax") upon the sale at retail, the use, the lease or rental, the consumption, and the storage for use or consumption, of tangible personal property and on sales of services within the District, all as defined in R.S. 47:301 through 47:317, with the proceeds of the Tax to be dedicated and used solely for the purposes of constructing, improving, maintaining and resurfacing Parish roads and bridges in the District, including incidental drainage and the acquisition of equipment therefor, and further, shall the District be authorized to fund the proceeds of the Tax into bonds to be issued in series from time to time for such capital purposes, to the extent and in the manner permitted by the laws of Louisiana, including Sub-Part F, Part III, Chapter 4, Title 39 of the Louisiana Revised Statutes of 1950, as amended?