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40 <br /> February 27, 2002 <br /> To Whom It May Concern: <br /> I would like to briefly summarize the intent of and benefit to the organization and <br /> opening of Twist Masters Gymnastics within the City of Elk River. <br /> The intent is to open a training center for children of all ages interested in the sport of <br /> gymnastics. This center will be financed by my wife and me personally (business loan <br /> will not be necessary) and will be managed by two highly qualified individuals (see brief <br /> bios enclosed). The goal is to establish a first-rate training facility with state-of- the art <br /> equipment and trained, experienced coaches. The Elk River area was chosen for its <br /> centralized location. We feel that we will be able to draw clientele not only from Elk <br /> River, but from the homes and schools of many surrounding cities (i.e. Princeton, <br /> Zimmerman, Big Lake, Otsego, Rogers, St. Michael, Ramsey, Albertville and Monticello <br /> to name a few). Enclosed for your review is a sample of a tentative schedule for various <br /> age groups, together with anticipated fees. <br /> Because there is no gymnastics facility within this area, we feel a few of the benefits to <br /> establishing one would be: <br /> 1. Due to budget cuts,Jr. High sports within the schools have now been <br /> eliminated. This will give those children interested in the sport, the chance to <br /> train until they become eligible for high school gymnastics. <br /> 2. Those students currently involved in high school gymnastics have no adequate <br /> facility to train within a reasonable proximity. <br /> 3. Having a positive place to expel their energy and interests will keep kids "off <br /> the streets" and lessons learned in sports related activities (i.e. drive, <br /> commitment, respect and determination) will be positive influences on these <br /> children for years to come. <br /> 4. Other businesses in the area will benefit from our being located in this specific <br /> location. After parents drop their children off for their sessions, chances are <br /> they will shop at the various stores nearby (WalMart, Home Depot, Target, <br /> etc.) to kill time, pick up needed household items, etc. <br /> 5. Employment/training opportunities will be available for high school gymnasts <br /> and/or recent grads. <br /> 6. Exposure from this particular site is critical to the success of the business. <br /> 4110 <br />