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m. <br /> MOM= sommkvAi • iTilisommimm _ is <br /> M --7 K aIII a— <br /> — ' — a a <br /> • CENTRAL MINNESOTA DEVELOPMENT COMPANY <br /> 1308 Coon Rapids Boulevard, Suite 202 • Coon Rapids, Minnesota 55433 <br /> (612) 755-2304 • Fax (612) 757-4955 <br /> October 20, 1995 <br /> Bill Rubin, Development Director <br /> Elk River City Hall <br /> P.O. Box 490 <br /> 13065 Orono Parkway <br /> Elk River, MN 55330 <br /> Re: Proposal to Expand SBA 504 Service Area <br /> Dear Bill: <br /> Over the past several years, you may recall that Central Minnesota Development Company has <br /> explored opportunities to expand its SBA 504 certification area beyond Anoka County. During <br /> our explorations,we met with many economic development professionals, lenders, City and <br /> • Chamber of Commerce representatives in Sherburne, Isanti and Chisago Counties and have <br /> received positive feedback. We are now formally proposing to expand into these three counties, <br /> all of which are directly adjacent to our existing service area. <br /> Central Minnesota Development Company is an 18-year-old SBA Certified Development <br /> Company currently authorized to serve all of Anoka County and, over the past several years, has <br /> evolved from a part-time single community organization dependent on public support,to an <br /> independent self-supporting entity with expanded offices and a multi person full time staff <br /> CMDC comprises a core of experienced lenders, executives and citizens,many of whom <br /> represent your area. Our central location allows us to provide economic and community <br /> development services to the communities and businesses we serve, and to maintain close <br /> working relationships with the financial institutions in our existing and proposed market. <br /> The purpose of this letter is to request your written support of our proposed expansion. Enclosed <br /> is a sample letter of support which you can use or amend as you deem necessary. Our formal <br /> application for an expanded service area will be made to SBA November 6, 1995, and we would <br /> greatly appreciate it if you would send us your letter of support by October 31, 1995. <br /> Sinc-.--ly, <br /> • Connie M. Hills <br /> Executive Director <br />