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E. ADDITIONAL DOCUMENTATION AND CHECKLIST <br /> Applicants will also be required to provide the following documentation. i <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 /> —IL—H) Non-refundable application deposit of$10,000 <br /> —X-1) Construction Plans and Itemized Project Construction Statement <br /> ]) 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 hest 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 a after the filing of s placation. <br /> Applicant N Date___-5/26/2013 <br /> Page 10 of 13 <br /> IiNAE TRELI NT <br />