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• City of <br /> Elk --.� <br /> River <br /> MEMORANDUM <br /> TO: Economic Development Authority <br /> FROM: Catherine Mehelich, Director of Economic Development <br /> DATE: May 14, 2001 <br /> SUBJECT: TIF 19 —Authorize Issuance of Certificate of Completion and Notes <br /> Issue <br /> The TIF 19 Contract for Private Redevelopment, dated July 30, 1999, between the EDA and <br /> Associated Investors of Elk River, Inc., Fischer Sand&Aggregate, LLP, and Elk River <br /> Business Park,LLC requires a Certificate of Completion be executed prior to payment. <br /> Recommendation <br /> • Staff has determined that the conditions precedent to the issuance of the Certificate of <br /> Completion have been satisfied. Staff recommends the EDA authorize the EDA President <br /> and Vice President to execute the TIF 19 Certificate of Completion and the Limited <br /> Revenue Tax Increment Notes A and B. <br /> • <br />