Laserfiche WebLink
E. ADDITIONAL DOCUMENTATION AND CHECKLIST <br />Applicants will also be required to provide the following documentation: <br />~/ A) Written business plan, including a description of the business, <br />ownership/management, date established, products and services, and <br />/ future plans <br />V B) Financial Statements for Past Two Years <br />Profit & Loss Statement <br />-~-Balance Sheet <br />V C) Curren~Financial Statements <br />Profit & Loss Statement to Date <br />~-Balance Sheet to Date <br />D) Two Year Financial Projections <br />J E) Personal Financial Statements of all Major Shareholders <br />Profit & Loss <br />. / Current Tax Return <br />v F) Letter of Commitment from Applicant Pledging to Complete <br />' / During the Proposed Project Duration <br />v G) Letter of Commitment from the Other Sources of Financing, <br />' ~ Stating Terms and Conditions of their Participation in the Project <br />y H) Non-refundable application deposit of $5,000 <br />/r~ I) Construction Plans and Itemized Project Construction Statement <br />Attach the fo owing documentation as Exhibits <br />Exhibit A -Corporation/Partnership Description <br />Exhibit B -Description of Project <br />~xhibit C -List of Shareholders/Partners <br />/Exhibit D -But-For Analysis <br />/U~ Exhibit E -List of Prospective Lessees <br />/yiE Exhibit F -Legal Description and PID Number(s) <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 />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 additional information as may be requested by the City after the filing of this <br />application. <br />Applicant Name ~°`~ ~~~ ~ `~~ Lac3~Zs ~ Date ~1 ~ ~ <br />City of Elk River <br />Tax Abatement Polity <br />Amended May 2006 - 11- <br />