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AGENDA ITEM #12.7 <br /> REPORT TO <br /> CITY COUNCIL <br /> Date: November 8, 2006 <br /> Sub_i ect: Government Drive Funding <br /> Report: This is an update on the City's effort to get <br /> funding for the Government Drive project. We have <br /> discussed possible funding options for this project with <br /> �. Congressman Oberstar at one meeting and with his <br /> assistant at another meeting. Four options were given to the <br /> City for this funding. <br /> • Small Cities Development Program (DEED) <br /> • Army Corp of Engineers <br /> • US EDA Grant <br /> • Minnesota State Revolving Loan Fund <br /> Mr. Oberstar's Assistant contacted the State Revolving <br /> Loan Fund and determined that there currently are no funds <br /> available. He sent the City the info on the Small Cities <br /> Development Program, however, after review of the <br /> requirements, it was determined that the Government Drive <br /> Project would not qualify. <br />