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7w Comments and', Recommendations. <br />Assuminnig the.project is of the construction and type for <br />which the City wili shies to utilize its tax exempt financingi then.. <br />0 a <br />ai) A legal, opinion relating to the title to the propertv <br />I V a <br />should, be supplied, prior to the time, of closing. <br />IN. <br />A, personal, guaranty of payment by each of the partners is <br />recommended <br />d) All costs of the City and lots agents, all other attribu) <br />tiablie coistis of the, f'inancing and the City administrat live fe <br />should 'be paid at ® time of closing,. The applicant has <br />su'bmitted a formal letter agreleing, to pay the required fees <br />and costs andi agireeing to be biound by the Ciety Guidelines. <br />I ` <br />e) If a 1%, deposit is necessary to apply for a revenue bond <br />allocation, for this project, the applicant should provide the <br />necessary funds,. <br />Dated Declembler 17 iv 198,� <br />KNUTSON p FLYNN AND HETILA,ND <br />Professional Association <br />