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5.0.-14.0. EDSR 09-13-1993
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5.0.-14.0. EDSR 09-13-1993
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City Government
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EDSR
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9/13/1993
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• ACTION REQUESTED <br /> Upon its review of the Beaudry loan request, the EDA Finance <br /> Committee is asked to make a recommendation to the EDA <br /> Commissioners on the funding of this loan. The EDA will meet <br /> on September 13 , 1993, to consider this matter. <br /> As with previous EDA loans, this loan would be secured by a <br /> mortgage on the convenience store site plus a Promissory Note <br /> and Personal Guarantee signed by the applicant. <br /> The primary lender will have a first real estate mortgage <br /> against the property, and, the OMNI loan will be a second real <br /> estate mortgage. <br /> PRESENTATION <br /> Ken and Carrie Beaudry will be in attendance to make a short <br /> presentation to the Finance . Committee regarding the loan <br /> request. <br /> • <br /> S <br />
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