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 <br />MEMORANDUM <br />DATE:EDC Agenda Item 5.B <br />May 1, 2013 <br />TO: <br />Economic Development Commission Chair and Commissioners <br />FROM: <br />Jill Hutmacher, Community Development Director <br />SUBJECT: <br />Revolving Loan Fund <br />The attached information was presented to the Economic Development Authority on April 29, <br />2013. At the May 1, 2013, EDC meeting, staff will present background information on the <br />Revolving Loan Fund and summarize the EDA’s April 29 discussion. <br />Attachment <br />Staff memo dated April 29, 2013 <br />Arden Hills Revolving Loan Fund Guidelines <br />City of Arden Hills <br />Economic Development CommissionApril 3, 2013 <br />11 <br />Page of <br />