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7.1. SR 10-17-2016
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7.1. SR 10-17-2016
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10/14/2016 1:11:33 PM
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SR
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10/16/2016
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D. SOURCES & USES <br />SOURCES <br />Bank Loan <br />gahKat4e��- <br />Owner Cash Equity <br />Fed Grant/Loan <br />NAM; AMOUNT <br />6noy- of :IKnVt� kcal ,5} <br />F3 VsfL � vhevti $ �,QOD <br />$�5t94 <br />State Grant/Loan <br />FI�ee�r)an Loa <br />EDA l✓t ' <br />$ 200 000 <br />Tax Abatement <br />ID Bonds <br />$ <br />TOTAL <br />he 6 nK01 :F. hq5 aW'"J fh-" FttndS <br />$ 150 <br />4 0 b t uses -ts t jV 1+Y <br />USES <br />AMOUNT QQ <br />$ I I U <br />Land Acquisition <br />to <br />$ 164, 0 0 o <br />Site Development <br />$ <br />Construction <br />Machinery & Equipment <br />$--J�� <br />Architectural & Engineering Fees ie L-tQ01 <br />S 10 f 0 0 D <br />I MoVIK XpC�i <br />CIoSIVi�co5 5 <br />$ 35,000 <br />Contingencies <br />TOTAL <br />$—Tlb5— <br />City of Elk River <br />Tax Abatement Policy <br />Amended May 20U6 - 10- <br />
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