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6.2 HRSR 10-07-2013
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6.2 HRSR 10-07-2013
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10/4/2013 2:51:22 PM
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City Government
type
HRSR
date
10/7/2013
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E. ADDITIONAL DOCUMENTATION AND CHECKLIST <br /> Applicants will also be required to provide the following documentation. <br /> X A) Written business plan,including a description of the business, <br /> ownership/management,date established,products and services,and <br /> future plans See updated Project Narrative <br /> B) Financial Statements for Past Two Years <br /> Profit&Loss Statement <br /> Balance Sheet <br /> C) Current Financial Statements <br /> Profit&Loss Statement to Date <br /> Balance Sheet to Date <br /> X D) Two Year Financial Projections <br /> E) Personal.Financial Statements of all Major Shareholders <br /> Profit&Loss <br /> Current Tax Return <br /> F) Letter of Commitment from Applicant Pledging to Complete <br /> During the Proposed Project Duration <br /> G) Letter of Commitment from the Other Sources of Financing, <br /> Stating Terms and Conditions of their Participation in <br /> Project <br /> • <br /> X H) Non-refundable application deposit of$10,000 <br /> X I) Construction Plans and Itemized Project Construction Statement <br /> J) Attach the following documentation as Exhibits <br /> Exhibit A—Corporation/Partnership Description <br /> Exhibit B—Description of Project <br /> Exhibit C—List of Shareholders/Partners <br /> Exhibit D—But-For Analysis <br /> Exhibit E—List of Prospective Lessees <br /> Exhibit F—Legal Description and PID Number(s) <br /> Note:All Major shareholders will be required to sign personal guarantees if up front <br /> financing of the project is required. <br /> The undersigned certifies that all information provided in this application is true and correct to the best of the <br /> undersigned's knowledge. The undersigned authorizes the City of Elk River to check credit references and <br /> verify financial and other information. The undersigned also agrees to provide any additional information as <br /> may be requested . bee., after the filing of..' .plication. <br /> Applicant N. - 1 af=-L =.L -..e` Date 5/26/2013 <br /> eA <br /> Page 10 of 13 <br /> Ptl< EIEI IT <br /> NAME <br />
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