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CASE <br /> <br />REVOLVING LOAN FUND GUIDELINES <br />By: James E. Norman, City Administrator <br /> <br />Background: <br /> <br />Economic Development Consultant Michael Mulrooney has prepared a Revolving Loan Fund <br />Guideline document for the EDA to review. <br /> <br />Observations: <br /> <br />The City of Ramsey is in the position to establish a revolving loan fund and will need. to adopt a <br />guideline policy before loans can be applied for. <br /> <br />EDA Action: <br /> <br />Based on the EDA discussion, make a recommendation to the City Council regarding the <br />enclosed Revolving Loan Guideline. <br /> <br />EDA: 02/21/01 <br /> <br />3 <br /> <br /> <br />