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#11 - Conduit Bonding Discussion
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#11 - Conduit Bonding Discussion
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11. ANTICIPATED INTEREST RATES: <br />12. ANTICIPATED TERM OF DEBT: <br />13. If the project were conventionally fmanced, what interest rate would you expect to pay? <br />14. EQUIPMENT: $of project cost is for equipment (e.g., washers/dryers) <br />15. <br />ANTICIPATED INCREASES:ANTICIPATED VACANCY RATE: <br />Revenue:per year First Year: <br />Expenses:per year After First Year: <br />16. CONSTRUCTION SCHEDULE <br />Anticipated construction commencement date: <br />Anticipated construction completion date: <br />17. ATTACHMENTS: <br />Attach the following information with the application. Application is not considered complete until all <br />documents have been received. <br />a) Description of the project; <br />b) Plot plan, elevation of proposed buildings, landscape, lighting, and site preparation; <br />c) Preliminary sources and uses for financing project; <br />d) Initial application fee; and <br />e) Indemnification Letter of Agreement. <br />I certify that the information provided above contains no misrepresentations, omissions or concealments of <br />material facts and that the information given is true and complete to the best of my knowledge. I have been <br />fumished a copy of the Procedure for Application to the City of Shakopee for Private Activity Revenue <br />Bond Financing and I am aware of its content and agree to be bound by its terms and the terms of the <br />indemnification letter. <br />Signature / Title Date <br />Page 12
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