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'tom' <br />• <br />August 7, 2000 <br />Mayor Stephanie Klinzing <br />The City of Elk River <br />13065 Orono Parkway <br />Elk River, MN 55330 <br />Dear Stephanie; <br />Ilk <br />ivy* <br />L !i I <br />This letter should probably be addressed "Mayor Klinzing" but we have known each <br />other to long to be that formal. > Effective August 7, 2000- I am resigning as Chairman of <br />the Housing and Redevelopment Authority. I have been very dedicated to the <br />development of Elk River through the years spent on the Planning Committee, City <br />Council, Economic Development Authority and the HRA. Therefore there are mixed <br />feelings as Patsy and I relocate to a new community. As a partner in AMCAP Mortgage <br />and Financial, Inc., American Capital Financial, and Access Title I need to concentrate <br />on the development of those firms. Spending time with our grandchildren has taken a <br />• high priority in our life. We also decided that in the summer months we wanted to relax <br />after work by playing golf in the evenings. To accomplish this we have purchased a lot <br />and we are building a home on the Cedar Creek Golf Course in Albertville. Even though <br />we were opponents in the last election I have appreciated your support on the HRA. I <br />feel that Elk River is fortunate to have dedicated elected officials, as well as highly <br />skilled and dedicated staff. It has been a great pleasure to work with staff that has sincere <br />concern for the community. I'feel very fortunate that I was able to work with them and <br />others in getting Highway 141 converted to four lanes, the approval of Elk Park Center <br />and the new City Hall building. <br />I will stay involved in the Elk River area through my company's involvement in the Elk <br />River Area Chamber of Commerce and I will continue to serve on the Guardian Angels <br />Board of Directors and Executive Committee. <br />Sincerely, <br />AaZ7topuenske <br />c.c.Pat Klaers,Lori Johnson,Carol Mills,DonHeinzman <br />AMCAP MORTGAGE AND FINANCIAL, INC. <br />21000 ROGERs DRIVE • SUITE 110 • ROGERS, MN 55374 • PHONE (612) 428-3645 • FAx 428-3978 <br />