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03-01-1984 Industrial Development Corporation Board of Directors Meeting (2)
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03-01-1984 Industrial Development Corporation Board of Directors Meeting (2)
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4/24/2017 2:53:01 PM
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3/21/2025 2:40:21 PM
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City Meetings
Meeting Body
Industrial Development Corporation
Meeting Doc Type
Minutes
Date
3/1/1984
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• ~ • <br />circumstances' (as evidenced by at least one appraisal) <br />establish that a longer economic useful life is <br />justified, please so indicate. <br />COMPLETION ECONOMIC <br />ITEM COST DATE LIFE* <br />~istina building & property $ 150,000.00 Complete 15 Years <br /> <br />75' x 75' Metal building 70,000.00 6-30-84 15 Years <br />30' x 60' Office building 30,000.00 6-30-84 15 Years <br />Shop Equipment below 250,000.00 6-30-84 15 Years <br />Including but not limited to: <br />lathes, test equipment, lopping., <br />equipment, welding machines, over- <br />head craines, fork lift, air com- <br />pressors, steam boiler (ccgnplete <br />valve reconditioning shop) <br />TOTAL $ 500, 000.00 <br />15. Describe any interim financing directly related to the <br />Project. In~ particular, identify the interest paid with <br />respect to such financing subsequent to commencing the <br />Project and prior to the completion, if completed (see <br />paragraph 14 above), or issuance of the Bonds, if no t yet <br />completed. <br />To be negotiated <br />xUser may contact Bond Counsel for assistance in determining <br />economic lives of depreciable property. <br />_o_ <br />
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