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Res. #05-033 - Participation in TCCCF Program
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Res. #05-033 - Participation in TCCCF Program
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11/14/2005 9:53:28 AM
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51412018 Home-MCCF <br /> The Minnesota Community Capital Fund held its ninth annual membership meeting in September 2011 at Rutther's Bay <br /> Lake Lodge in Deerwood. Representatives of M member communities and economic development organizations from <br /> throughout Greater Minnesota were in attendance. <br /> Brian Fritsinger, Cloquet City Administrator,was reelected to another three-year to representing Class B Members. Brian <br /> will also continue to serve as Treasurer of the Board during FY 2012 <br /> Pam Lehmann, Executive Director of the Lac qui Paris County EDA,was reelected to serve three more years as a Class C. <br /> Director on the Board. <br /> For a complete list of Board members and MCCF staff, click on"About the Fund"above. <br /> The Minnesota Community Capital Fund is still accepting new members.The MCCF Board encourages any community or <br /> ED organization that has not yet joined the Fund to take another look at the many benefits of belonging to Minnesota's best <br /> source for leveraging local business financing resources. <br /> What are economic developers saying about the IVICCIF? <br /> "The Minnesota Community Capital Fund is playing a significant role in financing business development in Dodge <br /> County and Incommunities around the state. Nowhere else can local governments leverage their limited capital <br /> on a 10-N-1 basis and participate Increative promising packages with very little risk." <br /> —Duane Johnson/Retired Director/Dodge County Economic Development Authority <br /> "The MCCF organizational structure makes a lot of sense to me. By pooling revolving to fund dollars, <br /> communities of all sizes increase their lending capacity and can become more actively involved in supporting <br /> their own economic development" <br /> —Judy Bo /Director of Economic Development/City of Winona <br /> "The MCCF is a very valuable tool, is allows participating members to significantly leverage their investment <br /> and provide greater lending flexibility, with limited credit risk, Sir community and economic development projects. <br /> —Barbara Hayden/Planning Directorl St. Louis County <br /> Search <br /> Copyright mricommunitycapinflfund.om(/)2016 <br /> http:/Awm.mncommunitycapitalfund.org/ 3/3 <br />
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