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�. e7 <br />oil" <br />-IL-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 Yeats <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 Tetms and Conditions of their Participation in <br />Project <br />--X —H) Non - refundable application deposit of $10,000 <br />—XI) 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 Shateholders /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 Yyltfi-e—Oly after the filing ot#is 4phcatioa. <br />Applicant <br />eA <br />Page 10 of 13 <br />