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Resolution 00-EDA128
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Resolution 00-EDA128
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Last modified
8/10/2022 11:15:46 AM
Creation date
2/2/2007 9:20:47 AM
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MV EDA
EDA Document Type
Resolutions
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<br />. <br /> <br />. <br /> <br />. <br /> <br />E. ADDITIONAL DOCUMENTA TlON <br />Applicants will also be required to provide the following documentation. <br /> <br />A) <br /> <br />Written business plan, including a description of the business, <br />ownership/management, date established, products and services, and <br />future plans <br /> <br />B) Financial Statements for Past Three Years <br />Profit & Loss Statement <br />Balance Sheet <br /> <br />C) Current Financial Statements <br />Profit & Loss Statement to Date <br />Balance Sheet to Date <br /> <br />__ D) Two Year Projections <br /> <br />F) Personal Financial Statements of all Major Shareholders if <br />"Up Front" Financing is Requested <br />Profit & Loss <br />Current Tax Return <br /> <br />G) Letter of Commitment from Applicant Pledging to Complete during the <br />proposed project duration <br /> <br />H) Letter of Commitment from the Other Sources of Financing, <br />Stating Terms and Conditions of their Participation in <br />Project <br /> <br />I) <br /> <br />Application fee of $5000 <br /> <br />J) <br /> <br />Additional information that will be helpful in evaluating <br />your application <br /> <br />Note: All Major shareholders will be required to sign personal guarantees if up front financing of <br />the project is required. <br /> <br />The undersigned certifies that all information provided in this application is true and <br />correct to the best of the undersigned's knowledge. The undersigned authorizes the <br />Mounds View Economic Development Authority to check credit references and verify <br />financial and other information. The undersigned also agrees to provide any additional <br />information as may be requested by the Authority after the filing of this application. <br /> <br />Applicant Name <br /> <br />Date <br /> <br />By <br /> <br />Its <br /> <br />9 <br />
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