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<br /> Book Value Cost Existing Liens <br />Land $ $ $ <br />Buildings $ $ $ <br />Machinery & Equip. $ $ $ <br />Other $ $ $ <br />Other $ $ $ <br /> <br />IV. JOB & WAGE GOALS <br /> <br />Present # of Employees <br /> <br />Total Payroll <br /> <br />PI <br /> <br />'d th t 11 <br /> <br />Jobs To Be Created* <br />t . . b <br /> <br />w.thin 2 <br /> <br />ease proVl e e 0 owmg m ormation on 10 s you expect to create 1 -years. <br /> Average Are the Jobs Expected <br /> Number Hourly Annual Permanent or Hiring <br />Job Title of Jobs Wage Salary Temporary? Date <br /> <br />*If loan is for job retention only, please explain in Business Plan. <br /> <br />Program Objectives <br />(Check all that apply) <br /> <br />_ The project contributes to the fulfillment of the city's approved and adopted <br />economic development and/or redevelopment plans. <br />_ The project prevents or eliminates slums and blight. <br />_ The project increases the local tax base. <br />_ The project brings a structure into compliance with an existing building code <br />violation. <br /> <br />IV. PROJECT CONTACTS <br /> <br />Attorney <br /> <br />Name <br /> <br />Elk River Economic Development Authority <br />Micro Loan Fund Application <br />Revised June 2004 <br /> <br />Page 12 of 14 <br />