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SEP n <br /> CENTRAL MINNESOTA INITIATIVE FUND <br /> I <br /> i i , ttl <br /> September 14, 1998 <br /> Paul Steinman <br /> City of Elk River <br /> Box 490 <br /> Elk River,MN 55330 <br /> Dear Paul, <br /> This is to confirm that the Initiative Fund's presentation to the Elk River EDA has been <br /> re-scheduled to Monday, October 12, 1998 at 6:00 p.m. As we've discussed by phone, <br /> the purpose of our presentation will be to update the EDA on the Initiative Fund's <br /> activities in the Sherburne County area, and to respond to any questions about the request <br /> for support that we submitted to the City on August 11, 1998. <br /> Based on our phone contact, it is my understanding that our request will most likely fall <br /> outside of the City's budget process. As you indicated, any contribution the City might <br /> 111 make to the Initiative Fund at this point would probably come from reserves, and <br /> therefore does not need to be identified in the draft budget. This was helpful information. <br /> We look forward to seeing you and the members of the EDA on the 12th. Please do not <br /> hesitate to call if you need further information, or have any questions. <br /> Sincerely, <br /> Kathy Gaalswyk <br /> Executive Director <br /> CC: Pat Klaers, City Administrator <br /> Rita Johnson,Initiative Fund Board of Directors <br /> Mary Eberley,Initiative Fund Advisory Board <br /> • <br /> 70 SE First Avenue Little Falls, MN 56345 • (320) 632-9255 - Fax (320) 632-9258 <br />