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The meeting concluded with a request for another meeting to <br /> explore how the League of Minnesota Cities in conjunction with <br /> the National League of Cities can promote legislation which, at <br /> the very least, will require that Tribes inform cities and <br /> counties within a reasonable amount of time prior to their <br /> request for lands to be placed into trust. <br /> **************************************** <br /> The Army representatives could not make Monday night's meeting to <br /> explain the formation of a Restoration Advisory Board for the <br /> TCAAP site. I will try again for September 11. <br /> *************************************** <br /> See you Monday night! <br /> Samantha <br /> Business Loan: <br /> • Don and I met with North Star Bank to finalize the participation agreement for <br /> the Dynex loan. We will receive monthly payments on the loan from North Star <br /> who will be collecting from Dynex. The note is collateralized by their current <br /> building and each of the three principals have signed personal guarantees. This <br /> loan was a slam dunk. I anticipate that others may not be as easy to fund but <br /> that is the purpose of the program. In any case, I am still working with at least <br /> two other companies who are interested in a City loan. <br /> Hotel Development: <br /> • Momentum is building on the hotel project in Mounds View! We hosted a <br /> second meeting to discuss a market demand study regarding the site. <br /> Participants included Anoka County Chamber, Mermaid & his very <br /> knowledgeable consultants, New Brighton Chamber, City of New Brighton and <br /> the National Sports Center. One suggestion was to formalize the group as the <br /> North Metro Hotel\Conference Coalition. It was decided to pursue the study <br /> and strategize on fundraising with the City of Mounds View and the Mermaid <br /> taking the lead on the RFP. After the meeting Charlie Hall had a short meeting <br /> with his consultants and has decided to pursue the RFP and study on his own. <br /> He still will be requesting the support of the participants in the group but is too <br /> anxious to go through the public RFP process. This is excellent news and <br /> shows great commitment on the Mermaid's part to make the project a success. <br /> I will continue to work closely with Charlie and assist him in making contacts <br /> with consulting firms. <br /> Cathy <br />