2021Bylaws
(f) Who will negotiate the proposed construction contracts and who will pass upon the legal adequacy of the construction contract and documents? _ _________________________________________________________________________ _ _________________________________________________________________________ 6. Cost of project. Cost of purchasing property $ Cost of construction. (Attach copy of estimate) Other costs (attach documents) Total cost of project: $ 7. Financing of the project. (a) State fully how the project will be financed. (1) Amount of cash, or equivalent on hand for project $
(2) Loans (3) Bonds (4) Voluntary contributions (5) Assessments (6) Other
Total (must equal cost of project) $ (b) Name of any proposed mortgagee and attach a copy of the loan commitment.
(c) Terms of amortization of any loans. (Set forth in detail. Also the sources of revenue from which it is proposed that the installments of principal and interest will be paid)._ __________
(d) Will there be a bond issue? ______If so, attach a copy of document. (1) Who will hold the bonds and how will they be sold or placed?
(e) If voluntary contributions are anticipated, set forth the plan in full, including present accomplishments, money collected, and total amount pledged, and whether or not a loan can be secured against the pledges:_ ________________________________________________
8. Temple financial condition. (a) Attach copies of the templeʼs audited or reviewed statements, including state - ments of financial position, statements of activities and changes in net assets, and statements of cash flows, for the past 3 years
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