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CRDC SHAREHOLDERS ELECT
<br /> NEW BOARD MEMBERS
<br />The Coon Rapids Development Company held its annual
<br />
<br /> shareholders meeting on Thursday, March 7, 1985. Alan
<br />I. Hamel, Vice President and Director of Planning and Eco-
<br />omic Development for the Gaughan Companies, was
<br /> elected to the CRDC Board of Directors to serve a three year
<br />~rm. Board members Steven C. King and Donald E. Hubmer
<br /> ere also elected to serve additional three year terms.
<br />
<br /> Former Board member Michael J. Mulrooney, President
<br />
<br />ihf Business Development Services, Inc. gave an overview
<br />f the CRDC accomplishments for the past year highlighting
<br />e closings of six successful SBA 503 loans which in-
<br />,luded Heritage Auto Restoration, A & B Machining,
<br />arkers Farm, Viking Pattern, Independent Fire Protection
<br />nd the expansion of Coon Rapids Country Kitchen.
<br />
<br /> In the past year, the Coon Rapids Development Company
<br />l~as also contracted with Business Development Services,
<br />nc. to provide administrative support including packaging
<br />and servicing SBA 503 loans, conducting a targeted market-
<br />l ng study and designing and implementing a marketing
<br /> ~trategy for the CRDC.
<br />
<br /> Future plans of the CRDC include the continuation of
<br />Its marketing strategy, conducting a variety of financing
<br />~eminars to area businesses and promoting the involvement
<br />of the Coon Rapids community in economic development.
<br />ICRDC has joined forces with the Coon Rapids Eco-
<br />o, mic Development Commission in order to maintain
<br />continuity between the CRDC and the City of Coon Rapids
<br />: their efforts to promote economic development in the
<br /> con Rapids area. · .".,
<br /> A great y~ar has passed, but the CRDC has planned an
<br />_lven better success story for 1985. Congratulations to Al
<br />amel, Steve King and Don Hubmer, and all Board
<br />members of the Coon Rapids Development Company.
<br />
<br /> TIME
<br /> Once upon a time, the pocket watch was invented, per-
<br />Fhitting people to carry time about with them in a convenient
<br />anner. All one had to do was reach in one's pocket, extract
<br />e watch, open it and hold it up. Then someone invented
<br />the wristwatch. A quick turn of the forearm, a glance down-
<br />lard and one knew the time.
<br />
<br /> in this century came the digital watch: a flick of the wrist,
<br />ihe disengagement of the opposite hand to press a button,
<br />md there came the time of day, though altogether invisible
<br />f the sun was shining brightly. You can, of course, get them
<br />without the button -- efficiency redux -- but nonetheless
<br />Ihe time comes up numerically, as in 11:59. This digital
<br />ime -- even if a little PM or AM blinks up at you -- takes time
<br />away from its more humane form of a circle endlessly
<br />l'eturning, a visible reminder of the cyclical nature of things.
<br />
<br /> Minneapolis Star & Tribune, Dec. '84
<br />
<br /> CRDC --- An Investment
<br /> --
<br /> m Your Community
<br /> The Coon Rapids Development Company is
<br />a private, not-for-profit corporation funded by
<br />servicing fees collected from SBA loans and
<br />sales of stock. Its major functions are to pro-
<br />mote economic development in the City of Coon
<br />Rapids and assist in the expansion and/or relo-
<br />cation of businesses in Coon Rapids.
<br />
<br />The CRDC needs your support! Your purchase
<br />of stock in the Coon Rapids Development Com-
<br />pany is an investment in the Coon Rapids Com-
<br />munity. Contact the CRDC office to pledge your
<br />support in the Coon Rapids Community by the
<br />purchase of CRDC stock.
<br />
<br /> ANOKA COUNTY FORMS
<br /> ECONOMIC DEVELOPMENT
<br /> PARTNERSHIP
<br /> A group of private industries in Anoka County,
<br />along with representatives from the Anoka County
<br />Board of Commissioners, have formed the Anoka
<br />County Economic Development Partnership
<br />(ACEDP). The objective of the ACEDP is to en-
<br />courage and promote economic development
<br />within Anoka County, hoping to serve as a
<br />catalyst for area growth, supporting local develop-
<br />ment activities. For information, contact Roger
<br />A. Jensen, Executive Director at 786-0869.
<br />
<br /> The CRDC News is published quarterly by the
<br />Board of Directors of the CRDC. Any suggestions
<br />for inclusions or comments on the newsletter
<br />should be directed to:
<br />
<br />Coon Rapids Development Company
<br />9541 Foley Boulevard
<br /> Coon Rapids, MN 55433
<br /> (612) 780-8681
<br />
<br />CRDC Board of Directors:
<br />
<br /> Michael F. Quigley, President
<br />William F. Thompson, Vice President
<br />Donald E. Hubmer, Secretary
<br /> Steven C. King, Treasurer
<br /> Jerry Wright, Director
<br /> Ralph Bullick, Director
<br /> Jerri Pieper, Director
<br /> James Thomas, Director
<br /> Gary L. Nereson, Director
<br />
<br />
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