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7. EDSR 06-17-2013
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7. EDSR 06-17-2013
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6/14/2013 11:53:44 AM
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6/14/2013 11:53:42 AM
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City Government
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EDSR
date
6/17/2013
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Fed Grant/Loan <br /> State Grant/Loan <br /> EDA Micro Loan $ 100,000 <br /> EDA Forgivable Loan $ 200,000 <br /> Tax Increment Financing <br /> Tax Abatement <br /> Total Financing $ 5.614.000 <br /> Collateral Assignments <br /> Description of Collateral LeinPosition <br /> First N'tl Bank 1st <br /> SBA 2nd <br /> To Private Sources <br /> To Other Sources <br /> To Federal Govt <br /> To State <br /> To EDA Micro Loan <br /> EDA Forgivable Loan 3rd <br /> Value of Collateral <br /> Book Value Cost Existing Liens <br /> Land (9.36 acres) $714,000 $ <br />
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