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Minnesota Department of Office of the Commissioner <br /> Trade and Economic Development 900 American Center <br /> 150 East Kellogg Boulevard <br /> IISt. Paul, MN 55101-1421 <br /> 612/296-6424 <br /> Fax: 612/296-1290 <br /> October 15, 1992 <br /> Jim Tralle INFORMATION <br /> Mayor <br /> 720 Dodge Avenue NW <br /> Elk River, MN 55330 <br /> Dear Mayor Tralle: <br /> I am pleased to inform you that your application for a Minnesota Small <br /> Cities Economic Development Program grant has been approved in the amount of <br /> $250,000. As outlined in the approved application, the city will make a loan of <br /> $250,000 to Tescom Corporation, Inc to assist in the expansion of its Elk River <br /> operation. <br /> This grant is made from the federal Community Development Block Grant <br /> Program. A grant agreement is being prepared by Community Development Division <br /> staff. They will also provide you with additional information about your grant <br /> • <br /> award and will do all they can to help you achieve your community development <br /> goals. Also, please note that your approved application becomes part of the <br /> grant agreement. For additional information, contact Jennifer Engh, Acting <br /> Deputy Commissioner, at 612/297-2515. <br /> Finally, let me extend my congratulations to you and your staff for devel- <br /> oping an approach which will effectively address your community development <br /> needs. <br /> Si ncere_ly, <br /> j <br /> / <br /> E. Peter Gillette, Jr. <br /> Commissioner <br /> ED.GEN/I13-1 <br /> 0 <br /> An Equal Opportunity Employer <br />