13-1144r HRA RESOLUTION NO. 1144
RESOLUTION APPROVING THE CITY OF RICHFIELD'S
PARTICIPATION IN HENNEPIN COUNTY'S 2013
ECONOMIC DEVELOPMENT INITIATIVE "OPEN TO
BUSINESS"
WHEREAS, Hennepin County Housing and Redevelopment Authority is soliciting
proposals from suburban Hennepin municipalities interested in launching or expanding a
small business and entrepreneur technical assistance initiative, referred to as "Open to
Business"; and
WHEREAS, the program provides one on one technical assistance services to
entrepreneurs and small business which include: business plan development, feasibility
studies, cash flow and financing projections, marketing, preparing loan requests, and
advocacy with lending institutions; and
WHEREAS, the Richfield Housing and Redevelopment Authority believes that
the services available through the Open to Business Program have the potential to
benefit existing commercial area and to promote future growth of entrepreneurship and
business growth in the City of Richfield.
NOW, THEREFORE, BE IT RESOLVED, by the Housing and Redevelopment
Authority in and for the City of Richfield, Minnesota that staff is herby authorized to
make application for a $5,000 matching fund grant for participation in Hennepin
County's 2013 Economic Development Initiative "Open to Business".
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 23rd day of January, 2013.
Ch9,.ir" Suzanne M. Sandahl
ATT �ST:
r
,%
�
ecr-tary, Dor s Rubenstein