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5.0. EDSR 02-10-1997
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5.0. EDSR 02-10-1997
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City Government
type
EDSR
date
2/10/1997
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3 . Purpose of Loan: <br /> 2nd floor Expansion . Building liner & ceil_ing insulation. <br /> • R1 artri ra 1 expansion _ Tnstal L new efficient furnaces . <br /> Install new dock doors . Septic updated or replaced . <br /> Tar Driveway and parking area . Landscaping. <br /> *Note the $50 , 000 . 00 will be covering only some of the <br /> above items , as they will total more than $50 , 000 . 00 . <br /> 4 . Cost of Project: <br /> A) Land $ <br /> B) Buildings (attach plans & costs ) $ ?30 , 000 _ on <br /> C) Equipment/Machinery/Fixtures (attach list <br /> and estimated costs) $ <br /> D) Remodeling $ 69 , 922 . 00 <br /> E) Industrial Inventory/Working Capital $ <br /> F) Other (attach description) $ <br /> TOTAL COSTS $ 349 , 922 . 00 <br /> 5 . Proposed Financing: <br /> SOURCE NAME TERMS AMOUNT <br /> A) Bank Loan 00 <br /> B) Bank Loan $ <br /> C) Other Private Funds $ <br /> D) Applicant Contribution -for building loan, other $23 , 922_:00 <br /> improvements will be out of pocket , ( Eastey ) <br /> E) Other $ <br /> F) Fed Grant/Loan $ <br /> G) State Grant/Loan $ <br /> 111 H) This Loan $ 50 , 000 . 00 <br /> TOTAL FINANCING $349, 922 . 00 <br /> -2- <br />
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