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Pdver <br /> <br />MEMORANDUM <br /> <br />TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />Mayor & City Council <br /> <br />Catherine Mehelich, Director of Economic Development//~ <br />April 2 I, 2003 <br /> <br />Revised Economic Development Micro Loan Policy <br /> <br />Attachments <br /> · Staff memo to EDA re: Amendments to Micro Loan Policy, April 14, 2003. <br /> <br />At its April 2003 meeting the EDA unanimously adopted the recently revised Economic <br />Development Micro Loan Policy. The attached staff memo summarizes the primary <br />amendment issues of the policy. <br /> <br />No action is necessary from the City Council, since the EDA has been given primary <br />management authority over the Micro Loan program. <br /> <br />Please feel free to contact me if you have any questions regarding the revised policy. <br /> <br /> <br />