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JOINT FINANCE COMMITTEE PACKET 05-14-2024
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JOINT FINANCE COMMITTEE PACKET 05-14-2024
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Last modified
5/13/2024 12:24:22 PM
Creation date
5/10/2024 3:34:48 PM
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City Government
type
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date
5/14/2024
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Pro osed Sources ofFinancin <br />SOURCE NAME <br />Bank Loan <br />Bank Loan <br />Other Private Fluids <br />Applicant Contribution <br />Other <br />Fed Grant/Loan <br />State Grant/Loan <br />EDA .XIicroloan <br />Tax Iiicreinent Fiiiancmg <br />Tax ±'\bateinent <br />Total Financing <br />TERAIS AMOUNT <br />s <br />s <br />s <br />s <br />s <br />s <br />s <br />s <br />s <br />s <br />$ <br />Collateral Assi nments <br />Descri 3tlon of Collateral <br />First Bank of Elk River - All Assets <br />To Bank 2 <br />To Private Sources <br />To Other Soizrces <br />To Federal Govt SBA/Federal Government - All Assets <br />To State <br />To EDA ^croloan New Machinery/Equipment <br />Lien <br />Position <br />1 <br />Page 13 of 17 PO » E REB B T <br />N JURE
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