Amended Commercial Rehab Loan App.- Reilly & MasonAPPLICATION
HOPKINS, MINNESOTA
COMMERCIAL REHABILITATION IRAN PROGRAM
A. GENERAL AND BACKGROUND INFORMATION
1. Name of Business Requesting Low Interest Rehabilitation Loan:
Hopkins Address:
Telephone Number:
Address:
Title:
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4. The rehabilitation will:
Telephone Number:
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2. Name of Person Completing Application: di arre
6() a) Include front and rear facades.
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Phone No. (home) 135 y 0
Phone No. (business)
3. This loan subsidy is being requested for the following general purpose
(check one):
a) For a new business start -up in downtown area.
b) To provide funds for the expansion of an existing
downtown business.
c) To provide funds to renovate an existing downtown
business.
b) Not include front and rear facades because they
were renovated within last 15 years.
c) Involve interior work only.
5. Name of Downtown Building Owner (If other than applicant):
6f% A (1 r (3 fl
Address: /0 /f'- A/ W
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6. If applicant is leasing the building, indicate expiration date of
current lease agreement:
2. Indicate below how the proceeds of the rehabilitation loans would
be utilized, by major categories.
Expense Category
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/6'4,0 '(a at ik rh, C r1 S id A:-r en) 0 0 0 0 0 0
OW iife, 1-- 141( (ortdg /1 5-6 0
r T ot mus t t e� a least w a s ,S�CJ
0\0 the B .1. (f) amount above). G
3. IVYtu &c 1J[(o aril, ra n Wry /1 l"_f'/ -fte a tc 7 Mortgage or Cont act for D� e d: 7c'1 re'c o F'" d
}Pr balance (attach copy of most recent statement
Mortgagee (Bank) or CD Holder Pe el er I 0
Other liens
mit oo6i
C. EXPECTED BENEFITS /RESULTS
Building Insurance: Company Policy Number
Amount of coverage`:'/%5 f 012 c, /4 ici-t) 7 /u,,5
1
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1. Briefly explain how the proposed new business or expansion will im-
prove the "economic 'x" and generally benefit the Hopkins downtown
business district.
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2. Indicate number of new jobs to be added to the
District:
a) Within six months of opening or expansion
b) Within two four years
Approximate Amount
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00
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Downtown Business
044 k44 cf-it,/3/,/
3. Indicate number of Existing Jobs to be Retained in the Downtown
Business District as a result of the loan and interest subsidy
(if appropriate) 31
i4-41,-;/td” 9. ,t)(ce
7. Describe the nature of the businesses in the building, including
types of product and /or services to be offered (or
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downtown:
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8. Indicate approximate date of opening of 4 or renovated business
in downtown area: c c e
9. Does applicant have previous experience in this type of business?
If yes, indicate nature of such experience:
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10. Is this building under orders from any public agency to make cor-
rections to meet code? Yes No (X).
If yes, please specify:
B. FINANCIAL INFORMATION
1. Applicant must attach copy of letter of commitment from a
for at least 50% of the permanent fixed improvements.
.3 00
a) Amount of loan from lender
b) Term of loan:
c) Interest Rate E f0V het°c m, Pr( nieto
a Y'or r� p f czk o k' e. i r 47 e
d) Name and Address of lender:
Name:
e) Contact Person at lending institution:
r uee
f) Amount of Hopkins Commercial Rehabilitation Loan sought:
36, SC).
1 CI
retained)
p
(2./Y1
lender
0 0
years.
Phone No: 7 3 d it m
4. Is the applicant willing to join the Hopkins Betterme t Association
and to conform with their hours of operation? Yes No
5. Is the applicant a member of the City Center Development Corporation?
Yes (x) No
I hereby affirm that all information above is true and accurate to the
best of my knowledge. 1 have read and agree to abide by the Loan Regu-
lations.
1. Application received
FOR OFFICE 1.ISSE alja,
2. Application reviewed for eligibility
3. Initial inspection by city's inspectors &:structural
engineer
4. Initial scope of work drawn up
5. Initial scope reviewed by owner
6. Final scope formulated
7. Final scope out for bids
8. Bids received
9. Loan contracts signed
10. Work begins
Amended Loan Amount