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5.2. SR 12-11-1995
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5.2. SR 12-11-1995
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12/11/1995
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EXAMPLE <br />•Minnesota Amateur Sports Commission <br />1700 - 105th Avenue N.E. <br />Blaine, AN 55449 <br />• <br />Dear MASC Board: <br />The City of Elk Bend, MN hereby confirms that our <br />(Applicant Name) <br />Mighty Ducks Ice Arena Project of $ 1,500,000 has the <br />(Total Project Construction Costs) <br />following firm commitments: <br />$ 150,000 <br />$ 250,000 <br />$ 150,000 <br />$ 250,000 <br />Cash on Hand <br />Written Cash Pledges -- Hockey Assn. <br />Written Cash Pledges -- Community <br />School District Commitment <br />$ 250,000 City Commitment <br />S <br />S <br />S <br />$ 250,000 <br />$ 1,300,000 <br />------------------- <br />------------------- <br />County Commitment <br />Possible State Grant <br />TOTAL -- FIRM COMMITMENTS <br />The balance of $ 200,000 will be financed by 1st Bank of Elk <br />(Uncommitted Balance) (Bank or Gov't Entity) <br />Bend. If we are successful in receiving a state grant, we are <br />prepared to sign a (January, 1996) grant agreement that will guarantee <br />that <br />construction will begin in April 199 6 and will be completed by <br />(Month) <br />April 199 7 . <br />(Month) <br />Yet to be secured funds $ -0- <br />Yet to be secured financing $ -0- <br />(Authorized Signature) <br />
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