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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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3/7/2016 3:23:17 PM
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City Government
type
EDSR
date
9/13/1993
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' 3 . Purpose of Loan: <br /> The purpose of the Loan is to complete the Finance package <br /> • needed for the construction of the project . Presently we <br /> have $800, 000. 00 secured but are in need of $850, 000 . 00 <br /> 4 . Cost of Project: <br /> A) Land <br /> $ <br /> B) Buildings (attach plans & costs) $ <br /> C) Equipment/Machinery/Fixtures (attach list <br /> and estimated costs) $ <br /> D) Remodeling $ <br /> E) Industrial Inventory/Working Capital $ <br /> F) Other (attach description) $ <br /> TOTAL COSTS ( see attached for breakdown ) $ $1049 , 865 . 83 <br /> 5 . Proposed Financing: <br /> SOURCE NAME TERMS AMOUNT <br /> A) Bank Loan ict National 20yr $476 , 400 <br /> B) Bank Loan omni 504 -C) ),, ,(a $323 , 600 <br /> C) Other Private Funds $ <br /> D) Applicant Contribution Land Equity ( lR7 , nnn )E) Other <br /> F) Fed Grant/Loan $ <br /> G) State Grant/Loan $ 1 <br /> H) This Loan (p YL2.S s $50, 000. 00 <br /> TOTAL FINANCING $ $850, 000. 00 <br /> -2- <br />
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