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<br />'1H'N I \f': i) NOV 0 4 1992 <br /> <br />Minnesota Department of <br />Trade and Economic Development <br /> <br />Office of the Commissioner <br /> <br />. <br /> <br />900 American Center <br />150 East Kellogg Boulevatd <br />St. Paul, MN 55101.1421 <br /> <br />612/296.6424 <br />Fax: 612/296.1290 <br /> <br />October 15, 1992 <br /> <br />Jim Tra 11 e <br />Mayor <br />720 Dodge Avenue NW <br />Elk River, MN 55330 <br /> <br />Dear Mayor Tralle: <br /> <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 /> <br />. <br /> <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 />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 /> <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 /> <br />Si ncej4Y' . <br /> <br />/ r.. /I' <br />- .. ~.".'_- <br />i . ~- / .- <br />. 0'"./ . I . <br />.O..(~ ..,..--j..1.. (j" <br />E. Peter Gillette, Jr. <br />Commissioner <br /> <br />ED.GEN/l13-1 <br /> <br />. <br /> <br />An Equal Oppottunity Employer <br />