Laserfiche WebLink
<br /> <br />September 26, 1994 <br /> <br />FAX: Rick Huntsinger - Computype <br />Tom Hauschild - Frauenshuh <br />Gary Dyshaw - First Bank <br />Bruce Marsden - First Bank <br /> <br />Gentlemen: <br /> <br />I have reviewed Dennis Welsch's work with Tom and the First Bank <br />representatives. The Council has provided an informal indication <br />of support for an Industrial Revolving Loan. We, therefore, are <br />proceeding to draft a final agreement which can be submitted to <br />Council as early as october 10, 1994. <br /> <br />We are hopeful that First Bank representatives can call and/or <br />meet with Ed Burrell, our city Finance Director, and Dennis, our <br />Community Development Director, to explain the detailed <br />financials, the city security issues, and the cash flow <br />projection from the company, today. <br /> <br />We, of course, will be reviewing all details of the loan with you <br />before presentation to the City Council. <br /> <br />Thank you for your interest in the city of Roseville. <br /> <br />sincerely, <br /> <br /> <br />steve Sarkozy <br />city Manager <br /> <br />cc: Dennis Welsch <br />Ed Burrell <br /> <br />2660 CIYIC CENTER DRI\'E · ROSEVILLE . !\lIXNESOTA · 5511J-189lJ <br />612-490-2200 · TDD 612-490-2205 <br />