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SUBJECT: <br />DATE: <br />DELO UPDATE <br />SEPTEMBER 12, 2016 <br />PAGE2OF2 <br />To date, $3,750,000 of the total $4,500,000 bonds have been sold. Through Pay <br />Request #10, $1,095,271.43 has been paid for work completed. The remaining <br />$750,000 in bond allocation will be sold with the loan closing for the commercial building <br />project. RMCS anticipates funding the final tranche of the bonds and closing the <br />commercial loan with Centennial Bank and Trust during the third week of September. <br />LOUISVILLE REVITALIZATION COMMISSION <br />