HomeMy WebLinkAbout2016-08-09 PACKET 06.03a.
August 9, 2016
MN Department of Employment and Economic Development
Attn: Commissioner Shawntera Hardy
1 st National Bank Building
332 Minnesota St., Suite E200
St. Paul, MN 55101
Dear Commissioner Hardy,
The City of Cottage Grove Economic Development Authority (EDA) would like to express their
gratitude to the Minnesota Department of Employment and Economic Development (DEED) for
offering business financing programs in the State of Minnesota, in which community’s such as
Cottage Grove can apply for funding to ensure business growth in our community.
The existence of programs such as Minnesota Investment Fund (MIF) and the Minnesota Job
Creation Fund (JCF) have allowed companies in Cottage Grove to expand their businesses and
create high-paying jobs. Thus allowing the Cottage Grove to position ourselves for growth.
City of Cottage Grove
Company Job Impacts Amount Leverage
Awarded Attained
Job Creation Fund Renewal by 246 $1,802,250 $68,7000,000
Andersen LLC and
Werner Electric
MN Investment American 260 $900,000 $45,020,128
Fund Logistics Services,
LLC and Renewal
by Andersen LLC
CITY OF COTTAGE GROVE 12800 Ravine Parkway Cottage Grove, Minnesota 55016
www.cottage-grove.org 651-458-2800 Fax 651 -458-2897 Equal Opportunity Employer
The City of Cottage Grove would like to thank you and your dedicated staff at DEED for your
continual guidance and support through the MIF and JCF process. DEED’s dedication to the City
of Cottage Grove has allowed our community to benefit from an increase in high-paying jobs
and company expansion; improving our community’s overall economic growth. We look
forward to a continued working relationship and support from DEED.
Sincerely,
Myron Bailey
Mayor and EDA President