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6.1. EDSR 06-18-2018
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6.1. EDSR 06-18-2018
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6/14/2018 8:47:22 AM
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EDSR
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6. ATTACHMENTS CHECK LIST <br /> Please attach the following: <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 /> Letter of Commitment from the Applicant committing to prevailing wage <br /> requirements. <br /> Processing Fee of$2,000 <br /> 14 EDA&City Council Approved April 17,2017 <br />
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