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Economic Development Authority Minutes Page 3 <br /> February 11,2013 <br /> • deterrent,it was changed to one year. He stated that the EDA and Subcommittee have <br /> discretion on this requirement as well. <br /> Commissioner Motin indicated he would like it clearly stated in the policy that the EDA and <br /> EDA Subcommittee have discretion over job hire timeframes and retention requirements. <br /> President Tveite explained that he agrees that one year job retention may be more <br /> appropriate due to potential economy shifts, two years could create issues. Commissioner <br /> Dwyer concurred. <br /> MOVED BY COMMISSIONER MOTIN AND SECONDED BY <br /> COMMISSIONER DWYER TO APPROVE THE FORGIVABLE LOAN <br /> PROGRAM POLICY AND APPLICATION AS PRESENTED WITH THE <br /> ADDITION OF LANGUAGE ALLOWING THE ECONOMIC DEVELOPMENT <br /> AUTHORITY SUBCOMMITTEE AND THE ECONOMIC DEVELOPMENT <br /> AUTHORITY DISCRETION TO SET JOB HIRE TIMEFRAMES AND JOB <br /> RETENTION REQUIREMENTS ON A CASE BY CASE BASIS. MOTION <br /> CARRIED 5-0. Commissioner Provo abstained. <br /> 7. Authorize National Development Council Training Courses <br /> Mr.Wilfahrt presented his staff report. <br /> MOVED BY COMMISSIONER MOTIN AND SECONDED BY <br /> COMMISSIONER PROVO TO AUTHORIZE ASSISTANT DIRECTOR OF <br /> ECONOMIC DEVELOPMENT CLAY WILFAHT TO ATTEND TWO <br /> • NATIONAL DEVELOPMENT COUNCIL TRAINING COURSES. MOTION <br /> CARRIED 6-0. <br /> 8. Announcements <br /> There were no announcements. <br /> 9. Adjournment <br /> There being no other business,President Tveite adjourned the meeting of the Elk River <br /> Economic Development Authority at 6:03 p.m. <br /> Minutes prepared by Jessica Miller. <br /> Dan Tveite,President <br /> ( <br /> Tina Allard,City Clerk <br />