HomeMy WebLinkAboutResolution - 2011-84 - "Open for Business" Program - 10/04/2011 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2011-84
RESOLUTION APPROVING PARTICIPATION IN "OPEN FOR BUSINESS"A SMALL
BUSINESS TECHNICAL ASSISTANCE PROGRAM OFFERED THROUGH THE
HENNEPIN COUNTY HOUSING &REDEVELOPMENT AUTHORITY(HCHRA).
WHEREAS,the Open to Business is a small business and entrepreneur technical assistance
program provided by the Metropolitan Consortium of Community Developers (MCCD)through
a partnership with the Hennepin County Housing and Redevelopment Authority(HCHRA); and
WHEREAS, The Open to Business program will provide a range of services to participating
Eden Prairie businesses including: business plan development, Feasibility studies, cash flow and
financing projections,marketing, loan request preparation, advocacy with lending institutions;
and
WHEREAS,the City of Eden Prairie intends to submit an application for participation in the Open
to Business program.
NOW,THEREFORE, BE IT RESOLVED by the Eden Prairie City Council:
The City of Eden Prairie approves submitting an application for participation in the Open for
Business small business and entrepreneur technical assistance program through Hennepin County
HRA.If the application is approved and a grant of$5,000 is provided by HCHRA the City agrees to
provide one half of the total cost for the program or$5,000.
ADOPTED by the Eden Prairie City Council on the 4'h day of October, 2011.
Ron Case, Acting Mayor
ATTEST:
Ka een Porta, City Clerk