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Economic Development Agenda Memo <br /> January 11, 1999 <br /> Page 2 <br /> • <br /> d. Designate Official Depositories <br /> Past practice has been for the EDA to designate depositories <br /> which are identical to those designated by the City Council. For <br /> 1999, the City Council is asked to designate the following banks <br /> and institutions as depositories for its funds: <br /> • The Bank of Elk River <br /> • First National Bank of Elk River <br /> • 4M Fund <br /> • Norwest Bank <br /> • US Bank <br /> Staff recommends designating the above-referenced banks and <br /> institutions as official depositories for the EDA for 199g. <br /> e. Consider Commission Appointments and Assignments <br /> The EDA currently maintains the following committees: <br /> Finance Committee <br /> Lloyd Brutlag <br /> Jim Simpson <br /> Tom McNair <br /> Tom Bender <br /> Jeff Gongoll <br /> Vacancy <br /> Vacancy <br /> Business Incubator Advisory Committee <br /> Hank Duitsman <br /> Jeff Gongoll <br /> Daryl Thompson <br /> Larry Hickman <br /> Kermit Bode <br /> Rich Duggan <br /> Jim Barthel <br /> Jack Mowry <br /> There currently is one vacancy on the Business Incubator <br /> vacancies on the <br /> Advisory10 Committee - Hank Duitsman and two <br /> Finance Committee. It is appropriate to select replacements for <br />