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ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY <br /> 4111 <br /> October 23, 1995 <br /> Ms. Connie M. Hills <br /> Central Minnesota Development Company <br /> 1308 Coon Rapids Blvd. Suite 202 <br /> Coon Rapids, MN 55433 <br /> Dear Connie: <br /> Thank you for your letter of October 20, 1995. The need for a locally-oriented 504 <br /> development company that would serve the lenders and businessess in Sherburne County <br /> was first identified in 1993. We are delighted to learn that you and your board continue to <br /> explore the merits of expanding Central Minnesota Development Company's operations to <br /> • Sherburne, Isanti and Chisago Counties. You can count on the support of the Elk River <br /> EDA and the local lenders. <br /> The EDA conducts its next meeting on November 13, 1995. At that time, the <br /> commissioners will be asked to authorize a resolution of support in favor of your <br /> organization. In the absence of a resolution, a letter of support will be offered under <br /> separate cover. <br /> In the event of questions or comments, please feel free to call me at 441-4905. Please <br /> keep us posted as to your progress. <br /> Sincerely yours, <br /> William Rubin <br /> Executive Director <br /> Elk River EDA <br /> WR:mrd <br /> • s: uarers\maaoc <br /> P.O. Box 490 • 13065 Orono Parkway • Elk River, MN 55330-1743 • (612) 441-7420 • Fax: (612) 441-7425 <br /> Equal Opportunity Housing and Equal Opportunity Employment <br />