Laserfiche WebLink
<br />Office of the Governor <br />Economic Development and Tourism <br />Texas Leverage Fund Application <br /> <br />CERTIFICATION OF APPLICATION <br /> <br />Industrial Development Corporation (IDC) Certification and Request <br /> <br />The La Porte Development Corporation (IDC) hereby applies for a Texas Leverage Fund (TLF) loan in the amount of <br />$1,000,000 for a term of 10 years from the Texas Leverage Fund. The proceeds of this loan are intended to fund an <br />eligible project defined under the Development Corporation Act. The proceeds of this loan will be used to fund a Program <br />Loan to Cartegra (User - if applicable). <br /> <br />I understand and acknowledge that all underwriting responsibilities are those of the City and the IDC, and the State <br />of Texas assumes no responsibility for loan repayment, and that the Texas Leverage Fund loan, if approved, will be <br />repaid directly by our local option sales and use tax for economic development. <br /> <br />I certify that the representations made, the facts stated in this application and all supplemental documents are true, <br />and that no relevant facts have been intentionally omitted, as evidenced by my signature below. The IDC agrees to <br />comply with the reporting requirements and will provide other documentation as requested. <br /> <br />D-r'.' M- <br />Signature: f ~Ct t( <br />(IOC epresentative) <br /> <br />IlUf//7~ <br /> <br />Date: <br /> <br />GIVEN under my hand and seal of office this <br /> <br />day of <br /> <br />Notary Public, State of Texas <br /> <br />(Notary Seal) <br /> <br />My commission expires: <br /> <br />~ <br />I~~N~- <br /> <br />Page 4 of 24 <br /> <br />March 2004 <br />