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10-26-2021 JOINT FINANCE COMMITTEE
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10-26-2021 JOINT FINANCE COMMITTEE
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10/25/2021 10:29:04 AM
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10/26/2021
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E. ADDITIONAL DOCUMENTATION AND CHECKLIST <br />Applicants will also be required to provide the following documentation. <br />_X_A) Written business plan, including a description of the business, <br />ownership/management, date established, products and services, and future <br />plans <br />X B) Financial Statements for Past Two Years <br />Profit & Loss Statement <br />Balance Sheet <br />X C) Current Financial Statements <br />Profit & Loss Statement to Date <br />Balance Sheet to Date <br />X D) Two Year Financial Projections <br />X E) Personal Financial Statements of all Major Shareholders <br />Current Tax Return <br />F) Letter of Commitment from Applicant Pledging to Complete <br />During the Proposed Project Timeline <br />X G) Letter of Commitment from the Other Sources of Financing, <br />Stating Terms and Conditions of their Participation in <br />Project <br />X H) Application deposit of $10,000, with any unused portion to be refunded. <br />X I) Construction Plans and Itemized Project Construction Statement <br />X J) Attach the following documentation as Exhibits <br />Exhibit A <br />— Entity Documents <br />Exhibit B <br />— Description of Project <br />Exhibit C <br />— List of Shareholders/Partners <br />Exhibit D <br />— But -For Analysis <br />Exhibit E <br />— List of Prospective Lessees <br />Exhibit F — <br />Legal Description and PID Number(s) <br />Note: All Major shareholders will be required to sign personal guarantees if up front financing of the <br />project is required. <br />
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