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<br /> 12 <br /> <br />E. ADDITIONAL DOCUMENTATION AND CHECKLIST <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 <br />services, and future plans <br /> <br />_______B) Financial Statements for Past Three Years (if existing business) <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 Financial Projections, inc. Profit & Loss, Balance <br />Sheet, Cash Flow Statement. Please list assumptions, inc. <br />estimated personnel levels and sales growth. <br /> <br /> _______E) Personal Financial Statements of all Major Shareholders with a <br />10.0% or greater ownership interest if “Up Front” Financing are <br />Requested <br /> <br />_______F) Letter of Commitment from Applicant Pledging to Complete <br />During the Proposed Project Duration <br /> <br />_______G) Application fee of $1000 <br /> <br />_______H) Itemized Project Construction Statement from contractor for <br />projects over $500,000 <br /> <br />_______I) Additional information that will be helpful in evaluating your <br />application <br /> <br />Note: All Major shareholders will be required to sign personal guarantees if up front <br />financing of the project is required. <br /> <br />The undersigned certifies that all information provided in this application is <br />true and correct to the best of the undersigned’s knowledge. The <br />undersigned authorizes the Mounds View Economic Development Authority <br />to check credit references and verify financial and other information. The <br />undersigned also agrees to provide any additional information as may be <br />requested by the Authority after the filing of this application. <br /> <br />Applicant Name Date <br /> <br />By Its <br /> <br /> <br />M.V. Tax Rebate Policy 9.22.03 Final