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7.0. EDSR 04-12-2004
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7.0. EDSR 04-12-2004
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City Government
type
EDSR
date
4/12/2004
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D. SOURCES & USES <br /> • SOURCES NAME AMOUNT <br /> Bank Loan TBD $ 575,000 <br /> Other Private Funds $ <br /> Equity $ 75,000 <br /> Fed Grant/Loan $ <br /> State Grant/Loan $ <br /> EDA Micro Loan $ <br /> Tax Rebate Financing $ 105,000 <br /> ID Bonds $ <br /> TOTAL $ 755,000 <br /> USES AMOUNT <br /> Land Acquisition $ 105,000 <br /> Site Development $ <br /> Construction $ 650,000 <br /> Machinery&Equipment $ <br /> Architectural&Engineering Fees $ <br /> Legal Fees $ <br /> Interest During Construction $ <br /> Debt Service Reserve $ <br /> • Contingencies $ <br /> TOTAL $ 755,000 <br /> • <br /> City of Elk River <br /> Tax Rebate Financing Policy,Amended August 2002 - 10 - <br />
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