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City of <br /> Elk -�-� <br /> River <br /> MEMORANDUM <br /> TO: Cathy Mehelich,Director of Economic Development <br /> FROM: Terry Maurer, City Engineer <br /> DATE: May 9,2005 <br /> SUBJECT: Twin Lakes Business Park Feasibility Study <br /> Attached is a draft copy of the Twin Lakes Business Park Feasibility Study that was <br /> recommended by the Economic Development Authority and authorized by the City <br /> • Council. As you are aware, I am scheduled to present this to the EDA on Monday evening <br /> for their review and input. I will then final up the report including a section on EDA review. <br /> I believe the main point of discussion I would like to cover on Monday evening is the issue <br /> that Lori Johnson,you and I have been discussing relative to cash flow and when and how <br /> large of an improvement should be undertaken on the project. I will be prepared Monday <br /> evening with a brief PowerPoint presentation and hopefully, an open discussion with the <br /> EDA relative to cash flow and improvement size and timing. If there is anything else you <br /> would like to present at Monday's EDA meeting,please let me know. <br /> • <br /> S:\EngineerlmprovProj\2005 Improvement Projects\Brown property\05 09 05 EDA memo.doc <br />