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pf_02729
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Last modified
7/17/2007 12:07:20 PM
Creation date
12/8/2004 12:39:03 PM
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Template:
Planning Files
Planning Files - Planning File #
2729
Planning Files - Type
Planning-Other
Address
2285 COUNTY ROAD C W
Applicant
COMPUTYPE
PIN
012923410001
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<br />SEP-27-1994 08:52 <br /> <br />1ST BAf'-I< 8T PAUL ffiIV BJ8 <br /> <br />612 244 4267 P.003/004 <br /> <br />TERM SHEET <br />September 26, 1994 <br />(For Discussion Pwposes Only) <br /> <br />SOURCES & U~~ OF FUNDS: <br />Sources OCFUDds: <br />$ 700,000 City of Rosevillc I r+ f I,..c.~ <br />S 4~O,OOO First Bank <br />$ 1,150.000 Total Sources ,,'Funds <br /> <br />Uses of Funds: <br />$ 350.000 <br />$ 800,000 <br />S l,150~OOO <br /> <br />I...ea.sOO.old Improvements <br />Equipment Acqui!lition Costs <br />Total Uses of Fulld$ <br /> <br />TERM CREDIT FACILI1Y: <br />Amount: Up to $1,150,000 <br /> <br />Borrower: <br /> <br />Lead Dauk <br /> <br />Participant <br /> <br />Servicing Agent: <br />Col1ateral: <br /> <br />Amortization: <br /> <br />Interest RatQ: <br /> <br />e <br /> <br />Computypc, InQ, <br /> <br />First Bawk <br /> <br />City of Ro5oviUc (up to $700,000), <br /> <br />First Bank (1Ul annual Y4% servicing fbo to be, paid by the BorJ'ower). <br /> <br />City of Rosmr:il1e: <br />I) First ~urlty interest in the equipment acquired whit the loan prooeeds. <br />2) Junior security interest (subject only to ~irst Bank's senior security intefe$t) in <br />all of Computype's domestic equipment. <br /> <br />First DNJk: <br />Continuation of the bankrs e7dsting first security interest in aU of Computypo1S : <br />domestic personal property. i <br /> <br />~ ofR.oseville: ! <br />Up to 8 years <br /> <br />First DAnIs.: <br />Up to 5 yeats <br /> <br />[ Fixed and Boating mte Qptiona to be determined. ] <br />
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