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<br />,~ ~-+~ <br />1 <br />9. What is the expected date of issuance of the bonds? <br />August 1, 1984 <br />I 10. Expected use of bond proceeds: <br />. ~ ~ Paid or incurred Paid or incur <br />' ~ ~ ~ ~ ~ ~ ~~ ~ ~ prior to expected after expecte <br />issue Sate cf issue <br />• date of <br />_ <br />Item Bonds Bonds <br />Engineering $ 5 00o S <br />Architecture 7.000 <br />Building (s ) 211, o00 <br />Machinery and Equipment 17 . o00 <br />Land Acquisition (including <br />legal and title fees ) 90,000 <br />• Site Improvement 40.00.0 <br />Capitalizeable interest and 20,000 <br />taxes _ <br />Issuance expenses 10,000 <br />Underwriter's discount • <br />. or placement agent's fees - <br />TOTAL - ~40~ , 000 <br />.. - <br />I <br />W' <br />, 11. ill any of the bond proceeds be used for other than <br />the acquisition, construction, reconstruction or <br />imp=ovement of land or depreciable property? [Acquisi- <br />.~ tion, construction, reconstruction or improvement of <br />land or depreciable property includes, among others, <br />the following: (a) modifying and installing equipment <br />moved from another location and (b) the acquisition of <br />stock of a corporation if the corporation is liquidated <br />and the tax basis of the corporation's assets is <br />stepped up to the acquirer's basis in the stock under <br />IRC § 334(b)(2). Representative examples of the use <br />of bond proceeds for other than the acquisition, con- <br />struction, reconstruction or improvement of land or <br />. depreciable property include, among others, the <br />following: (a) financing working capital or inventory; <br />(b) refinancing an existing mortgage or outstanding <br />loan; or (c) moving of existing equipment from one of <br />the Principal User's (or Related Person's) other <br />. facilities to the Project.] <br />Yes. Relocation of office equipment from Contech's existing <br />facilities.. <br />_d- <br />