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7.1. HRSR 01-03-2022
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7.1. HRSR 01-03-2022
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City Government
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HRSR
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1/3/2022
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10 <br />E. ADDITIONAL DOCUMENTATION AND CHECKLIST <br />Applicants will also be required to provide the following documentation. <br /> <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 /> <br /> X B) Financial Statements for Past Two Years <br /> Profit & Loss Statement <br /> Balance Sheet <br /> <br /> X C) Current Financial Statements <br /> Profit & Loss Statement to Date <br /> Balance Sheet to Date <br /> <br /> X D) Two Year Financial Projections <br /> <br /> X E) Personal Financial Statements of all Major Shareholders <br /> Current Tax Return <br /> <br /> F) Letter of Commitment from Applicant Pledging to Complete <br />During the Proposed Project Timeline <br /> <br /> X G) Letter of Commitment from the Other Sources of Financing, <br />Stating Terms and Conditions of their Participation in <br />Project <br /> <br /> X H) Application deposit of $10,000, with any unused portion to be refunded. <br /> <br /> X I) Construction Plans and Itemized Project Construction Statement <br /> <br /> X J) Attach the following documentation as Exhibits <br /> Exhibit A – Entity Documents <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 and PID Number(s) <br /> <br />Note: All Major shareholders will be required to sign personal guarantees if up front financing of the <br />project is required. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />
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