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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 />C) Curren~Financial Statements <br />Profit & Loss Statement to Date <br />~-Balance Sheet to Date <br />v D) Two Year Financial Projections <br />V E) Personal Financial Statements of all Major Shareholders <br />Profit & Loss <br />Current Tax Return <br />~F) Lettex of Commitment from Applicant Pledging to Complete <br />~ ,/ During the Proposed Project Duration <br />`~ _G) Letter of Commitment from the Other Sources of Financing, <br />/ Stating Terms and Conditions of their Participation in the Project <br />y F~ Non-refundable application deposit of $5,000 <br />/~~ _l) 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 />~ Exhibit C - List of Shareholders/Partners <br />_ Exhibit D -But-ForAnalysis <br />/U~ Exhibit E - List of Prospective Lessees <br />/y~ Exhibit F -Legal Description and PI.D 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. ~,7 <br />Applicant Name ~`~ ~~~ ~ `~ Lai di Zs ~ Date ~ ~ <br />City of Elk River <br />Tax Abatement Polity <br />Amended Map 2006 - 11- <br />