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APPLICATION FOR TAX INCREMENT FINANCING <br /> CITY OF ELK RIVER, MINNESOTA <br /> <br />APPLICANT <br /> <br />Business Name: YtORRELL T. gAN~FER INC. [ <br /> <br />Address:_ --80.9 JACKSON AVE. ELK RIVER. <br /> <br />Telephone: 441-2011 441-9151 <br /> <br />MORRELL & MORRELL INC._ <br /> <br />55330 <br /> # <br /> <br />Officers: Larry V. Morrell <br /> Arlyce Morrell <br /> <br />Contact Person: <br /> <br />Title: MGR. <br /> <br />Terry Morrell <br /> <br /> Corporation <br />Business Form (Corporation, Partnership, E~.): <br /> <br />Years In Operation: 35 + Years <br /> <br />SalesfRevenues: $ 6i5million + <br /> <br />Brief Deacription of B. usiness, Principal Products, etc: <br /> · l'ranspor ration <br /> <br />Has applicant ever fded for bankruptcy? Yes __ <br />If yes, provide details on separate page(s). <br /> <br />No X <br /> <br />Has applicant ever defaulted on a~y bond or mortgage <br />commitmeht? Yes No <br />If yes, provide details on separate page(s). <br /> <br />Does applicant have commitments for conventional financing for <br />the project? Yes .. x No__ <br /> <br />Please list three financing references: <br /> (Name/Address/Contact/Phone) <br /> <br />Bank of Elk River 630 Main St. Elk River, MN. 55330 <br /> <br />1ST National Bank 723 Main ST. Elk River, MN. 55330 <br /> <br />Twin City Mack 2195 W. County Rd C St Paul, MN. 55164 <br /> <br />Name and Address of applicant's legal counsel and accountant: <br /> <br /> ~ & Ce 6800 France ~3~e $. Minneapo!!~. ~ <br /> <br /> <br />