Laredo Texas Community Profile


Area Information

County	Webb
Type of Government	City Manager
Main Street Designation	No
Community Characteristics	Labor, US Customhouse Brokers expertise, Mexico Customhouse Brokers expertise, US Mexico transfer of goods.
Websites	http://www.laredo-ldf.com/ http://www.ci.laredo.tx.us - City of Laredo http://www.webbcounty.com - Webb County


Recent Projects
Lowes opened aWal-mart Supercenter recently opened its doors hiring over 635 personnel. The 10,000 seat Laredo Entertainment Center will host its first event on November 1, 2002. In addition, Bed and Bath will be opening a new store in November 2002.

Designated Community Economic Development Organization (DCED)		Designated Community Contact
Name	Mr. John Adams Jr.	Name	Mr. John Adams Jr.
Title	Executive Director	Title	Executive Director
Organization	Laredo Development Foundation	Organization	Laredo Development Foundation
Address	PO Box 2682	Address	616 Leal Street
City/State/Zip	Laredo,TX 78044-2682	City/State/Zip	Laredo,, TX 78041
Telephone: 956-722-0563 Fax: 956-722-6247 E-mail:adams@laredo-ldf.com		Telephone: 210-722-0563 Fax: 210-722-6247 E-mail: adams@laredo-ldf.com

Transportation
Nearest Interstate Highway	IH 35	Length of Runway	8,200
Proximity to Interstate Highway	1 mile(s)	Lighted Runway	Yes
Proximity to Interstate Highway	1 mile(s)	Navigational Aids	Yes
Proximity to Major Highways	1 mile(s)	Nearest Water Port	Port of Corpus Christi
Nearest Commercial Airport	Laredo International Airport	Public Transportation	Yes
Proximity to Commercial Airport	1	Nearest Railroad	Tex-Mex & Union Pacific
Nearest Private Airport		Motor Freight Carriers	150
Proximity to Private Airport		Parcel Service Providers	6
Proximity to Port	150 mile(s)	Rail Service Providers	2
Distance to Mexico Border	1 mile(s)	Piggyback Service / Switching Providers	2

Resources
Airport Information: http://www.airnav.com/airports
Ports: http://www.bidc.state.tx.us/maps/TX-ports.htm

Utilities		Workforce
Electric Provider	Central Power & Light Co.	Radius of Labor Drawing Area	50 miles
Water Source	Laredo Waterworks (City owned)	Estimated Community Unemployment Rate	6.3 %
Water Maximum Gallons Per Day	64000000
Water Peak Load Maximum Gallons Per Day	39000000	Financial Information
Sewer Type	Activated Sludge	Current Moody Bond Rating	A2
Sewer Maximum Gallons Per Day	21000000	Current Standard & Poors Bond Rating	A+
Solid Waste Disposal	Landfill	Number of Banks, S&L, Credit Unions	11
Natural Gas Providers	Entex
Telephone Providers	Southwestern Bell Telephone
Cable Provider	Paragon Cable
ISDN or DSL	Yes
Broadband	Yes
Internet Service Providers	Yes

Resources
Electric Providers: http://www.powertochoose.org


Education
Annual High School Graduates	2500
Total Enrollment in School District - K through 12	53000
Students per Teacher Ratio: Elementary	15.8 students per teacher
Students per Teacher Ratio: Secondary	15.8 students per teacher
Universities, Trade Schools, Specialty Training	Texas A&M International University Laredo Community College
Average SAT Score	898

Resources
Education: http://www.tea.state.tx.us
Higher Education: http://www.thecb.state.tx.us
Training Programs: http://www.twc.state.tx.us/customers/serpro/serprosub3.html

Taxes & Incentives
City Tax Rate	$.576358 per $100
Independent School District Tax Rate	$1.426000 per $100
Total Community Sales Tax	8.25%
County Tax Rate	$.436336 per $100
Special District Rate	$0 per $100
Special District Rate	$0 per $100
Special District Rate	$0 per $100
Special District Rate	$0 per $100
Special District Rate	$0 per $100
Tax Abatement Available	Checked box indicates "yes"
Economic Development Sales Tax	4A 4B
Enterprise Zone
Foreign Trade Zone
Other Economic Stimulants	Historical District Workforce Development Training
Freeport Exemption
Strategic Investment

Resources
Tax Information: http://www.cpa.state.tx.us

Real Estate
Average Rental Rate for 2 Bedroom 2 Bathroom Apartment	$560
Occupancy Rate for Multi-Family Housing Units	97
Single Family Residential - Average Appraised Value	$125000
Commercial Lease Cost (sq. ft)	.50 - 1.50
Industrial Lease Cost (sq. ft)	.24 - .34
Residential Construction Permits	100617242
Commercial Construction Permits	130516975

Mercy Regional Medical Center
Doctors Hospital

Business Support Services
Total Number of Rooms Available in Community	3015
Total Number of Facilities Available in Community with Meeting Space	35
Video Conferencing Capability	Yes

Laredo Entertainment Center
Lake Casa Blanca State Park

Climate
Average Number of Days of Sunshine	320
Average High / Low Temperature for July	96°F / 0°F
Average High / Low Temperature for January	46°F / 0°F

United Independent School District
Laredo Independent School District
City of Laredo
Mercy Hospital of Laredo