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1 <br /> I <br /> I <br /> •i <br /> • <br /> I <br /> PRINCIPAL BIOS <br /> I <br /> Leonard P. Kirscht <br /> IMr.Kirscht specializes in full service economic development assistance to Minnesota and <br /> Wisconsin community clients,as well as comprehensive financial packaging for private <br /> clientele.He is experienced in conducting community analysis,labor and industry <br /> Istudies,marketing programs,and grant writing.He also has extensive expertise in tax <br /> increment financing,financial analysis and packaging,loan fund administration,and <br /> complicated public-private transactions. <br /> iLeonard has over a decade of experience in the field of economic development on a <br /> variety of levels of government.As Director of Community Development for the City of <br /> I Red Lake Falls,Leonard implemented and coordinated the development efforts for the <br /> city.Leonard's expertise was broadened to include a regional focus while he was <br /> employed as Economic Development Planner for the Region 5 Development <br /> ICommission. <br /> I <br /> • Patrick W. Pelstring <br /> Mr.Pelstring,the founder of Public Resource Group,Inc.,has over 20 years of assisting <br /> communities in their economic development planning and implementation.Mr. <br /> I <br /> Pelstring has taken an active role in conducting community analysis,labor studies, <br /> economic development marketing programs,and management of local development <br /> companies.His expertise includes Tax Increment Financing and financial analysis. <br /> IPatrick,who started his career as a commercial loan officer for a Twin Cities bank,had <br /> previously been Economic Development Coordinator for the City of Coon Rapids, <br /> I Minnesota.Since starting Business Development Services in 1983,he has worked on <br /> behalf of over 80 communities in Minnesota and Wisconsin. <br /> IDennis J. Welch <br /> Mr.Welch specializes in providing economic development assistance to communities <br /> I throughout Minnesota.This includes conducting industrial recruitment strategies and <br /> implementation,labor and retention studies,and loan/grant packaging.In addition,he <br /> assists companies in site selection,identification and structuring of financial packages <br /> for privately and publicly held companies. <br /> IDennis started his career as a consultant to Fortune 500 companies assisting them in the <br /> development of overseas markets and in financing those operations.During his tenure <br /> Iin the international consulting field,he worked extensively with international <br /> • development and financing agencies. <br /> i • <br /> I <br />