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7.1. EDSR 06-15-2020
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7.1. EDSR 06-15-2020
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City Government
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EDSR
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6/15/2020
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E. ADDITIONAL DOCUMENTATION AND CHECKLIST <br />Applicants will also be required to provide the following documentation. <br /> <br />A) Written business plan, including a description of the business, <br />ownership/management, date established, products and services, and future plans <br /> <br />B) Financial Statements for Past Two Years <br />Profit & Loss Statement Balance Sheet <br /> <br />C) Current Financial Statements Profit & Loss Statement to Date Balance Sheet to Date <br /> <br />D) Two Year Financial Projections <br /> <br />E) Personal Financial Statements of all Major Shareholders Profit & Loss Current Tax <br />Return <br /> <br />F) Letter of Commitment from Applicant Pledging to Complete During the <br />Proposed Project Duration <br /> <br />G) Letter of Commitment from the Other Sources of Financing, Stating Terms and <br />Conditions of their Participation in the Project <br /> <br /> H) Application fee of $5000 <br /> <br /> I) Itemized Project Construction Statement <br /> <br /> J) Attach the following documentation as Exhibits <br />Exhibit A - Corporation/Partnership Description <br />Exhibit B - Description of Project <br />Exhibit C - List of Shareholders/Partners <br />Exhibit D - But-For Analysis <br />Exhibit E - List of Prospective Lessees <br />Exhibit F - Legal Description <br /> <br />Note: All Major shareholders will be required to sign personal guarantees if up <br />front financing of the project is required. <br /> <br />The undersigned certifies that all information provided in this application is true and correct to the <br />best of the undersigned's knowledge. The undersigned authorizes the City of Anoka to check <br />credit references, verify financial and other information, and share this information with other <br />political subdivisions as needed. The undersigned also agrees to provide any additional <br />information as may be requested by the City after the filing of this application. <br /> <br />Applicant Name Date <br /> <br /> <br />____________________________________________ ________________________ <br /> <br /> <br /> <br />
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