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02-08-2016
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02-08-2016
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8/6/2018 6:08:44 AM
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MV EDA
EDA Document Type
Council Packets
Date
2/8/2016
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10 <br />E. ADDITIONAL DOCUMENTATION <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 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) Application fee of $5000 <br /> <br /> J) 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 /> <br />Applicant Name Date <br /> <br />By <br /> <br />Its
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