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CCP 01-21-1997
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CCP 01-21-1997
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5/8/2007 1:13:34 PM
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11/10/2006 4:05:28 PM
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<br /> 'If" '. <br /> ARTICLE 2 . <br /> Financing for Proiects .. <br /> Section 2.1, Project Financing. The Developer shall secure from the Bank the commitments for <br /> funds necessary to complete the project. I <br /> Section 2.2, Developer's Equity and Other Financing. The Developer shall commit not less <br /> than $6,312,460 of equity and $8,034,040 other financing to be llsed for the completion of the I <br /> project development. <br /> Section 2.3 MIF Loan. The Grantor Agency of the State has granted to the City and the City I <br /> shall loan to the Developer, MlF funds of an amount up to $300,000 according to the terms <br /> described in ARTICLE 3. <br /> I <br /> . <br /> I <br /> .. <br /> . <br /> I <br /> I <br /> . <br /> I <br /> I <br /> 4 I <br /> .. <br /> I <br /> -------- <br />
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