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Economic Development Authoaty Minutes Page 4 <br />May 14, 2001 <br />Marc Nevinski noted that Integrated Power Solutions, now known as Cymbet, has <br />graduated from the Business Incubator and moved to a new home located in the West <br />Business Paxk. <br />10. Adjournment <br />There being no other business, COMMISSIONER TEVEITE MOVED TO <br />ADJOURN THE MEETING. COMMISSIONER MOTIN SECONDED THE <br />MOTION. THE MOTION CARRIED 6-0. <br />The meeting of the Elk River Economic Development Authority adjourned at <br />7:33 p.m. <br />Sandra Peine <br />City Clerk <br />