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Fitness to consider a new, long-term, location for their manufacturing facility. <br />D. SOURCES & USES OF FUNDS <br />Attach additional information as Part 8 <br />SOURCES (Phase 1) AMOUNT <br />Bank Loan <br />Other Loans $ <br />Owner Equity $ 100% Self Funded <br />Fed Grant/Loan $ <br />State Grant/Loan $ <br />Industrial Development Bonds $ <br />Tax Increment Financing $ <br />Tax Abatement $ <br />Revolving Loan Fund $ <br />Other $ <br />TOTAL $ 100% Self Funded <br />USES AMOUNT <br />Land Acquisition $ 450,000 <br />Site Development (demo/ clean $ 135,000 <br />up) <br />Construction $ 4,000,000 <br />Machinery & Equipment $ <br />Architectural/Engineering Fees $ <br />Debt Service Reserve $ <br />Contingencies $ <br />Other $ <br />TOTAL $ <br />13 <br />Total Amount of business assistance requested (Revolving Loan Fund, Abatement, Tax Increment <br />Financing or another source): Tax Increment Financing: $355,640. This will cover demolition, site clean-up, <br />capping of wells, and land acquisition costs (less base value of raw land at $2.00 psf). <br />DEED JCF: 5% rebate on capital improvements; and job creation grants. <br />Will this project be leased or owned by the applicant?: Owned <br />Will you be forming a separate, but affiliated LLC to own the new facility?: No, it will be the same as <br />the primary building—Brunswick Corporation <br />