"But city sources who have knowledge of the discussions said St. Paul is dangling as much as $1.5 million in economic development funds in front of Gander."
Any comments?
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Gander Mountain scopes out St. Paul http://www.twincities.com/mld/twincities/news/local/9557822.htm Firm may relocate HQ to downtown
"The money would come from the city's Strategic Investment Fund, which pays companies that relocate to St. Paul. The Capital City Partnership, a CEO-led group that pushes for downtown development, helps administer the investment fund for St. Paul.
Under the program, companies can be eligible for up to $3,000 per job they bring to the city. The money would come in the form of a "forgivable loan," which, if the company agrees to stay a certain amount of time - say, 10 years - does not have to be repaid."
--------------------------------------------------- -- Tim Erickson List Manager St. Paul Issues Forum http://www.e-democracy.org/stpaul/ Hamline Midway Resident 651-643-0722 [EMAIL PROTECTED]
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