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<br />D. SOURCES & USES <br /> <br />SOURCES NAME <br />Bank Loan <br />Other Private Funds JP Morgan Company <br />Owner Cash Equity <br />Fed Grant/Loan <br />State Grant/Loan <br />EDA Micro Loan <br />Tax Abatement <br />ill Bonds <br />TOTAL <br /> <br />USES <br />Land Acquisition <br />Site Development <br />Construction <br />Machinery & Equipment <br />Architectural & Engineering Fees <br />Legal Fees <br />Interest During Construction <br />Debt Service Reserve <br />Contingencies <br />TOTAL <br /> <br />AMOUNT <br />$ <br />$ 100% <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br />$ <br /> <br />AMOUNT <br />$ 2.8M <br />$ 0.8M <br />$ 95. 5M <br />$ 0.25M <br />$ 8.1M <br />$ 0.02M <br />$ <br />$ <br />$ 15 . 3M <br />$ 124M plu~ Other <br /> <br />would likely be incurred. <br /> <br />OTHER Potential Costs-In the event a second feeder was needed, the following expenses <br /> <br />$ 1. 3+M <br /> <br />City of Elk River <br />Tax Abatement Policy <br />Amended May 2006 <br /> <br />- 10- <br />