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6.0. EDSR 11-13-1996
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6.0. EDSR 11-13-1996
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City Government
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11/13/1996
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Business Incubator Program <br /> Page 5 <br /> . to the business incubator project. This loan would be paid back at <br /> the time when the project was generating sufficient cash flow. If <br /> there were not sufficient cash flow, the loan would be deferred, or <br /> eventually discontinued if the program were deemed to be <br /> unsuccessful. <br /> IV. CONCLUSION <br /> In conclusion, staff would ask that the EDA provide general direction <br /> on whether or not to pursue the business incubator project at this time. <br /> V. ATTACHMENTS <br /> • Business Incubator Financial Projections <br /> • Business Incubator Concept <br /> • 1997 EDA Budget <br /> ▪ EDA Statement of Financial Activity for month end October <br /> 31, 1996 <br /> • <br /> eda\meetings\bsninc.doc <br />
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