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( 6. 12 9,5 13:S2 '~441742S CITY:ELi{ RII£R i~_~00? oa9 <br /> <br />P]~OPOSE]3 PROJEC~T <br /> <br /> Describe Project: <br /> 40,000 sq. ft. <br /> <br />New construction of a 35,000 to <br /> <br />facility to house all of SuperMats, <br /> <br />Inc.' s <br /> <br />operations: <br /> <br />manufacturing, <br /> <br />Loca~on: Industrial Park <br /> Elk River, MN <br /> <br />sales, administration <br /> <br />and distribution. <br /> <br />Site Plan AttacheR: Yes <br /> <br />T~.~e of Proiac.t: <br /> <br />Commercial <br />~ew Construction <br /> <br />Industria/ x ResfdentiaI <br />Expansion Rehab <br /> <br />JOB CREATION <br /> <br />Current Number of Employees: <br />Current P~olk (Year-End <br />Number of Jobs Created: <br />Nu~nber of Jobs Retained: <br />F~viseR Payroll: ( Year-End <br /> <br />8 <br /> <br />1997) $549,425.00 <br /> 12 <br /> <br /> 2O <br />1999) $760,000 - estimated <br /> <br />P~ROJECT COSTS <br /> <br />Land Acquisition: <br />Si~e Development: <br />Constru¢~on: <br />Machinery & Equipment: <br />.4.rckitectur~ and <br />Eng:h:~eeri.ug Fees <br />L~¢al Fees <br />Interest During Const. <br />Debt Service tleserve <br />ConMmgen~es <br /> <br />TOTAL <br /> <br />$_ <br /> <br />$ <br />$~ <br />S <br />$ <br /> <br />S_OURCE O.F FI, NA_~CING <br /> <br />Conventional Loan <br />Equity <br />SBA Loan <br />I{evenue Bond <br />Tax Increment FinancL~g <br />Grant(s) <br />Other <br /> <br />TOTAL <br /> <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br /> <br />/; 3z o , ~ <br /> <br /> <br />