Laserfiche WebLink
%%` H' <br /> RO- , <br /> Hennepin Economic .Resource Organization, .. : <br /> .4150 Multifoods Tower:•Minneapolis City Center• Minneapolis .MN 55402 ,@(612.)227-0001. <br /> February 25, 1987. <br /> St; Anthony <br /> Dear,Mayor,: <br /> In-, response to your community's scheduled March 1987 public hearing on Urban <br /> Hennepin' County community development needs and proposed uses for your allocation <br /> -of, $26,460 from the Year .XIII Urban Hennepin County grant, the Board of Directors <br /> of HERO - :a non-profit snail business accelerator facility - are asking for the <br /> inclusion of a request for $11323, an amount- representing 5 percent of your Year <br /> XIII allocation, in your local community development program. <br /> We. have enclosed a copy of the HERO business plan and a list of the initial board <br /> of ;directors for your information. As described in the business plan, the <br /> requested.CDBG fund will provide the resources necessary to purchase a facility to <br /> • have 'a self-sustaining employment_ generating small business center to provide <br /> long-term employment to disadvantaged and dislocated who are residents of suburban. <br /> Hennepin County. It is_the. project's goal to serve as a model for the creation of <br /> job opportunities through focusing of employment opportunities, job training and <br /> education programs and employee-based support services at a single location. <br /> The investment of CDBG.iby yours and other- ccnmunities within the Urban Hennepin <br /> County program will be, secured by a lien against-the facility, payable to the <br /> program should the HERO projects fail. <br /> Should you have- any .quest ions/concerns regarding HERO or, this specific request, <br /> please feel free to contact me: at 227-0001. <br /> i <br /> Sincerely yours, <br /> I rthur <br /> Chairman of -the-Board.., <br /> cc: Oommmity;Development Staff. <br /> A Non-Profit Corporation <br />