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(UPA) to confirm an agreement with Internet Five to install certain <br /> illequipment so as to enable UPA to gain a presence on the Internet. In <br /> addition; confirmation on the status of Internet Five's loan request to the <br /> Central Minnesota Initiative Fund was required. Both issues were <br /> satisfactorily resolved. The latter is evidenced by way of a letter from the <br /> Initiative Fund's loan fund manager. A copy of the letter is included in the <br /> EDA's agenda packet. <br /> Action Requested <br /> The Finance Committee will meet at 4 p.m. on November 20 to discuss this <br /> loan request again and to present a recommendation to the Commissioners <br /> for action at 5:45 p.m. <br /> If approved, the EDA Micro Loan would be secured by a promissory note and <br /> personal guaranty from the principals of Internet Five. <br /> • <br /> • <br />