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SHERBURNE COUNTY <br />HISTORICAL SOCIETY <br />13122 First St. Be&er, MN 55305 <br /> <br />August29,1997 <br /> <br />612-261-4483 ~ 612-441-I$80 ~ 1-800-982-2066 <br /> <br />Pat Klaers, City Administrator <br />City of Elk River <br />13065 Orono Parkway <br />Elk River, MN 55330 <br /> <br />Dear Mr. Klaers: <br /> <br />It was a pleasure talking to you about our building fund project. At your request I am enclosing a <br />copy of the Heritage Center Prospectus which should address many of the questions that the City <br />Council may have concerning the project. If you need additional copies let me know. <br /> <br />You also asked for the current status of our fundraising efforts. Sherburne County has committed <br />$100,000 toward the building project contingent upon the Society raising a like amount. Toward <br />that end we have raised $6,100 in donations and $10,000 in pledges. Livonia and Clear Lake <br />Townships have committed funds thus far, although we are confident others will follow suit. Our <br />building fund cash balance currently sits at $127,500. <br /> <br />Although the Prospectus lays out a 3.7 million dollar project, the building will be completed in <br />phases. Phase I will cost an estimated 1.2 million dollars. We have not established a completion <br />date as that is dependent upon the success of our fundraising efforts. <br /> <br />We appreciate the City of Elk River's consideration of our request for $36,000. Please notify <br />Historical Society board member Bob Minton (241-9104) when the City will be discussing this <br />matter. He will be available to address any questions the Council may have. <br /> <br />Sincerely, <br /> <br />Kurt Kragness, <br />Executive Director <br /> <br />cc: Bob Minton <br /> <br /> <br />