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07-20-10 EDC Meeting
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07-20-10 EDC Meeting
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• City of ,Minnesota <br /> C. $ <br /> d. $ <br /> Total $ <br /> 7. .PLEASE SUBMIT PROJECT PROFORMAS SHOWING NEED FOR ASSISTANCE (I.E. <br /> WITH ASSISTANCE AND WITHOUT). <br /> 8. Total Estimated Market Value at completion: $ <br /> 9. Estimated real estate taxes upon completion:$ <br /> 10. Source of Financing <br /> a. Equity $ <br /> b. Bank Loan $ <br /> c. TIF (Gap) $ <br /> Total $ <br /> `.- 11. Amount of Assistance (Estimated Gap): <br /> 12. Type of Assistance Requested (Upfront or PayGO): <br /> 13. Name &Address of architect, engineer, and general contractor: <br /> 14. Project construction schedule: <br /> a. Construction Start Date <br /> b. Construction Completion Date <br /> c. If phase project: Year % Complete <br /> Year % Complete <br /> 15. State specific reasons why assistance is necessary for the project(the "but for'test). <br /> Page 13 <br />
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