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3.5 EDSR 02-11-2013
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3.5 EDSR 02-11-2013
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Sorry I wasn't able to get this to you on Friday. I don't have Suzanne's email address so I just guessed-please make sure <br /> she gets a copy. <br /> I've attached both a form of opinion and a form of conflict declaration. I'm not sure if the opinion is supposed to be <br /> addressed to you or DEED or who at DEED so I used my typical contact for financing matters. I'm also not sure if this is <br /> CDBG funding so please correct that if it's wrong. <br /> Let's talk after you have a chance to review this. <br /> Thanks, <br /> Jenny Boulton <br /> Kennedy&Graven,Chartered <br /> 470 U. S. Bank Plaza <br /> 200 South Sixth Street <br /> Minneapolis, Minnesota 55402 <br /> 612-337-9202 <br /> jboulton @kennedy-graven.com <br /> From:Wilfahrt, Clay[mailto:CWilfahrt@ElkRiverMN.gov] <br /> Sent: Monday,January 28,2013 8:51 AM <br /> To: Boulton,Jenny S. <br /> Subject: Conflict of Interest <br /> Hi Jenny, <br /> We are working on a forgivable loan program,and one of our EDA Commissioners,the owner of Alliance Machine in Elk <br /> River, has expressed an interest in applying. Annie Deckert,the former Director of Economic Development, is assisting <br /> Alliance Machine with their application. Unfortunately, both of these are potential conflicts of interest pursuant to the <br /> attached guidelines. <br /> We are pursuing an exception from the state for both parties in accordance with the requests in the email below. If we <br /> have both Annie and Bryan disclose their intentions and previous involvement and exclude Bryan from any decisions,are <br /> we violating any state or local laws? Are there other actions we can take to better protect ourselves from conflicts of <br /> interest and still allow Bryan to apply for the loan program with Annie's help? <br /> I discussed this with a Department of Employment and Economic Development(The entity to whom we apply for <br /> exemption)and they are okay with us getting an exemption as long as we have an opinion from an attorney stating that <br /> we wouldn't violate any state or local laws,and if the conflict is properly disclosed. I have attached the COI exemption <br /> worksheet for your review as well as the draft version of the forgivable loan program. <br /> Please let me know if you have any questions. <br /> Thanks! <br /> Clay <br /> Clay Wilfahrt I Assistant Director of Economic Development <br /> 763.635.1041 w I 763.635.1090 f <br /> 13065 Orono Parkway I Elk River I MN 1 55330 <br /> 2 <br />
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