CCR1993074COMMON COUNCIL - CITY OF MUSKEG0
AMENDED
RESOLUTION #74-93
APPROVAL OF LOAN FUND APPLICATION
(Country Wetlands Nursery)
WHEREAS, the City of Muskego is a participant in the Revolving
Loan Fund (RLF) Plan; and
WHEREAS, a pre-application form must be submitted to the City by
an interested applicant; and
WHEREAS, Country Wetlands Nursery & Consulting, Ltd. has
submitted a pre-application form requesting a loan in the amount
of $40,000; and
WHEREAS, the Finance Committee has recommended approval.
NOW, THEREFORE, BE IT RESOLVED that the Common Council of the
City of Muskego, upon the recommendation of the Finance
Committee, does hereby approve the pre-application form for
$40,000 submitted by Country Wetlands Nursery & Consulting, Ltd
subject to Item 6. of the pre-application form being amended
from “2“ Part-time Jobs to “2 Full-time Jobs or Equivalent. ‘I
BE IT FURTHER RESOLVED that the City is receptive to submittal
of formal application by the applicant.
DATED THIS 2 3RD DAY OF MARCH , 1993
SPONSORED BY:
FINANCE COMMITTEE
Ald. Patrick A. Patterson
Ald. Edwin P. Dumke
Ald. David J. Sanders
This is to certify that this is a true and accurate copy of
City of Muskego.
Resolution #74-93 which was adopted by the Common Council of the
RESOLUTION #74-93
Nursery)
WHEREAS, the is a participant in the Revolving
Loan Fund (RLF) Plan; an
submitted to the City by
an
Ltd. has
in the amount
of $40,000; and
BE IT FURTHER RESOLVED that the City i to submittal e of formal application by the applicant.
DATED THIS DAY OF , p93.
Ald. FINANCE Patrickvkterson COMM TTEE
Ald. Edwin P.
Ald. David J. S nders
This is to certify that this is a true and accurate
Resolution #74-93 which was adopted by the Common
City of Muskego.
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City Clerk
Attachment A / CITY OF HUSKECO
-. Revolving Loan Fund Applicacion
Address: 575 w20755 Field Drive
Muskego WI 53150
‘I
@ 3 Source and Use of Funds
RLF
Financinq
Debc
Financing
Equicy
Financinq Total
a) Land Purchase ......... $ $ $ $
b) Building Purchase ...... $ $ $ $
d) Building Renovation .... $ $ $ $
c) Building Construction .. $ $ $ $
e) Machinery 6 Equipment .. $ ’$ $ $
f) Working Capital ........ $ cCc”J(r- $ - $ 40G(!(! $
TOTAL PROJECT COSTS .... $ $ $ $
4. .RLF Assistance Requested
a) Loan Amount ............... $ 40OC10.
b) Inccrest Race (percent) ...
c) Loan Term (years) ......... 7
c .
.....
-8-
8
6.
I.
Source of Private Debt Financing
Address:
Contact Person:
Telephone No.:
Job Creation and Retention
New Jobs Retained Jobs
Number Pay Range Number Pay Range
Full-time Jobs ....... $ $
Part-time Jobs ....... 2 $ .:. 50-8.50 - $
TOTAL JOBS .......
Date Project Will Begin: ;-;-: ,i
I hereby certify that the information provided above and in the attached
supporting documentation is to the best of my knowledge true and correct.
.. ,
5
Applicant Signacure Date
'I
'i
For additional information about the City of Huskego RLF program, please
contact the Deputy City'Clerk at (414) 679-4100.
Please submit the RLF application and supporting documentation co:
Deputy City Clerk
W182 S8200 Racine Avenue
City Hall
P. 0. Box 903
Muskego. Wisconsin 53150
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