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17. Describe how demolition of the site will reduce blight and improve the property's <br /> economic vitality, functionality and aesthetics. <br /> 18. Describe how close the property is to existing sufficient public infrastructure. <br /> 21. Describe how the community is stabilized, health is improved or any environmental <br /> benefits are achieved by the demolition of the site. <br /> V. FINANCIAL INFORMATION <br /> 22. Submit Historical Financial Statements: Financial statements should cover the past three <br /> years. Financial Statements should include: Tax Returns, Balance Sheets, Income <br /> Statements, Details on existing debt agreements, Statements of Changes in Financial <br /> Position, and Notes to the Financial Statements. If these Financial Statements are not <br /> audited, they must be signed and dated by an authorized officer of the owner. <br /> 23. The maximum term of the loan cannot exceed 15 years. <br /> What is your proposed term? <br /> 24. Are you issuing a note to repay the loan? <br /> 27. If you are issuing a note, what additional security will you be offering to secure the loan? <br /> 5 <br />