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69 ATTACHMENTS CHECK LIST <br />Please attach the following: <br />14 <br />A) Written Business Plan: <br />1. Description of Business <br />2. Ownership <br />3. Management <br />4. Date Established <br />5. Products /Services <br />6. Future Plans <br />B) Financial Statements for Past Three Years and Year to Date <br />1.Profit &Loss Statements <br />2.Balance Sheets <br />C) Financial Projections for up to Three Years <br />D) A Project Proforma to include: <br />1. Projected revenues, <br />2. Operating expenses, <br />3. Net Operating Income, and <br />4. Annual Debt Service and Loan Payments. <br />D) Resume of Owner/Management <br />E) Personal Financial Statements of Proprietor, Partners, <br />Guarantors <br />F� Letter of Commitment from Applicant Pledging to Complete <br />During the Proposed Project Duration <br />G) Letter of Commitment from the Other Sources of Financing, <br />Stating Terms and Conditions of their Participation in <br />Project <br />H) Letter of Commitment from the Applicant committing to prevailing wage <br />requirements. <br />H) Processing Fee of $2,000 <br />EDA & City Council Approved April 17, 2017 <br />