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s <br />40 <br />•ems �. :' <br />within the corporate territorial limits of the Issuer, after <br />acquiring_ title to the Project site from Rampmaster, Inc., and to <br />have the Issuer issue its revenue bonds to finance the Project; <br />and the Proprietor has requested that the Issuer further indicate <br />to the Proprietor its intentions in this respect, in order to <br />further induce the Proprietor to proceed with the Project and <br />incur expenses for its financing. <br />D. The location of the Project in the area of the <br />Issuer shall make a significant contribution to the economic <br />growth of the Issuer, shall provide gainful employment and shall <br />serve a public purpose by advancing the economic prosperity and <br />the general welfare of the State of Florida and its people. <br />E. Giving due regard to the ratio of the Proprietor's <br />current assets to his current liabilities, his -net worth, his <br />earning trends, coverage by him of all fixed charges, the nature <br />of the business involved, its inherent stability, and all other <br />factors determinative of the Proprietor's capabilities, financial <br />and otherwise, of fulfilling his obligations consistently with <br />the purposes of the Act, the Proprietor is financially respon- <br />sible and fully capable and willing to fulfill his obligations <br />under the proposed loan agreement, mortgage and security <br />agreement (the "Agreement"), including the obligation to pay the <br />principal of and interest on the promissory note (the "note") <br />securp__d by the Agreement in, the amounts and at the times <br />-3- <br />