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<br />E. ADDITIONAL DOCUMENTATION AND CHECKLIST <br /> <br />Applicants will also be required to provide the following documentation: <br /> <br />./A) Written business plan, including a description of the business, <br />ownership/management, date established, products and services, and <br />future plans To Be Submitted <br /> <br />/' B) Financial Statements for Past Two Years See UHG Annual Reports <br />Profit & Loss Statement <br />Balance Sheet <br /> <br />/ C) Current Financial Statements See UHG Annual Reports <br />Profit & Loss Statement to Date <br />Balance Sheet to Date <br /> <br />tJjA D) Two Year Financial Projections <br /> <br />Proprietary Information <br /> <br />N/A E) Personal Financial Statements of all Major Shareholders <br />Profit & Loss <br />Current Tax Return <br /> <br />v F) Letter of Commitment from Applicant Pledging to Complete <br />During the Proposed Project Duration <br />Best Effort Letter to be submitted <br /> <br />A G) Letter of Commitment from the Other Sources of Financing, <br />Stating 'Terms and Conditi.ons of their Participation in the Project <br />Prdpr~etary Informat~on <br />/H) <br /> <br />Non-refundabl~ application deposit of $5,000 <br />To be subm~tt'e'd <br />/' 1) Construction Pbns and Itemized Project Construction Statement <br />submitted <br />/]) <br /> <br />Attach the following documentation as Exhibits <br />V"" Exhibit A - Corporation/Partnership Description <br />v' Exhibit B - Description of Project see proj ect Description Page 1 <br />N/A Exhibit C - List of Shareholders/Partners <br />N/A Exhibit D - But-For Analysis <br />V-Exhibit E - List of Prospective Lessees UHG is sole tenant <br />,/'" Exhibit F - Legal Description and PID Number(s) <br />See Section B 4. above <br /> <br />Note: All Major shareholders will be required to sign personal guarantees and a minimum <br />assessment agreement if up front financing of the project is required. <br /> <br />The undersigned certifies that all information provided in this application is true and correct <br />to the best of the undersigned's knowledge. The undersigned authorizes the City of Elk <br />River to check credit references, verify financial and other information, and share this <br />information with other political subdivisions as needed. The undersigned also agrees to <br />provide any 'ddi;:}.O information", may be requested b. y the City after the filing of this <br />application. () () I~ . <br /> <br />ApplicantNam , ~ -j tlX.Jl.t-....., . Date /(. t...o . 6? <br />City of Elk River '_.' fc ~ u JQ ) -( ~ . I j;: 'L-:fH:: ~ 't t'! It ICe -j) I/\)c... <br />Tax Abatement Policy <br />Amended May 2006 - 11- <br />