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<br />3.0 Staff Recommendation <br /> <br />Staff recommends that the City Council set the public hearing to consider the application for the <br />Minnesota Investment Fund for 6:30 p.m on November 27, 2000. <br /> <br />Additional information regarding the company and the specifics of the program and subsequent <br />loan to IC Services will be provided at the public hearing. In addition, the City must establish <br />program guidelines which will be discussed with the Council at the work session on November 20, <br />2000. <br /> <br />4.0 Suggested Action <br /> <br />By motion, set a public hearing to consider the City's participation in the Minnesota Investment <br />Fund and subsequent loan to IC Services, a Roseville company, for 6:30 p.m. on November 27, <br />2000. <br /> <br />By: Cathy Bennett, 490-2241 <br />Attachment: Part I Application and Program Summary <br /> <br />Q:\Housing\GMMHC Contract Approval 121399 RCA.doc <br /> <br />RCA MN Investment Fund Set Hearing- Page 2 of 2 <br />