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3.0 HRSR 12-07-2015
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3.0 HRSR 12-07-2015
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12/4/2015 12:02:08 PM
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12/4/2015 11:44:02 AM
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City Government
type
HRSR
date
12/7/2015
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FY 15 <br /> IV. FINANCIAL INFORMATION <br /> 22. Submit Historical Financial Statements: Financial statements should cover the past three <br /> years. Financial Statements should include: Balance Sheets, Income Statements, Details on <br /> existing debt agreements, Statements of Changes in Financial Position, and Notes to the <br /> Financial Statements. If these Financial Statements are not audited, they must be signed and <br /> dated by an authorized officer of the company. If the statements are more than 90 days old, <br /> provide interim data or provide a Year-End Audit, from the current or previous two year <br /> period. <br /> 23. The maximum term of the loan cannot exceed 15 years. <br /> What is your proposed term? <br /> 24. Are you issuing a bond or a note to repay the loan? <br /> 25. If you are issuing a bond, what type of bond will you be issuing to repay and secure the <br /> loan? <br /> 26. What is your time line for issuing your bond? <br /> 27. If you are issuing a note,what additional security will you be offering to secure the loan? <br /> 28. Provide your statutory authorization for issuing bonds or notes. <br /> Please provide a statement that the statutory provision authorizes the use of proceeds of <br /> such bonds to pay demolition costs and secure the loan. <br /> 6 <br />
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