HomeMy WebLinkAbout18-15 - ADMIN Resolution - Economic Development Authority - 2018/09/17St. Louis Park Economic Development Authority
EDA Resolution No. 18-15
Resolution of support for a
Minnesota Innovation Loans for Entrepreneurs application in connection with
UR Turn, SBC
Whereas, the economic development authority of the City of St. Louis Park, Minnesota
(the "EDA"), desires to support UR Turn, SBC, which has expressed intentions to grow its
business in the city of St. Louis Park; and,
Whereas, the economic development authority of the City of St. Louis Park understands
that UR Turn, SBC, with the support of the economic development authority of the City of St.
Louis Park, submitted an application to the Minnesota Department of Employment and
Economic Development Minnesota Innovation Loans for Entrepreneurs Program for project
financing; and,
Whereas, the economic development authority of the City of St. Louis Park held a
meeting on September 17, 2018, to consider this matter.
Now, therefore be it resolved, that, after due consideration, the Economic
Development Authority of the City of St. Louis Park, Minnesota, hereby expresses its support of
the application proposed by UR Turn, SBC for an award from the Minnesota Department of
Employment and Economic Development through its Minnesota Innovation Loans for
ntre eneurs Program to assist with growth of the business,
d Cforministration: Adopted by the Economic Development
Authority,eptember 17, 2P18
a
K. a ening, Executive Director Steve Hallfin, Presid
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