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ty of MEMORANDUM <br /> MIR� River TO: Economic Development Authority <br /> FROM: Sandra Thackeray, City Clerk <br /> DATE: April 8, 1996 <br /> SUBJECT: Approval of February 12, 1996, EDA <br /> Minutes <br /> On March 11, the EDA tabled action on the February 12, minutes to <br /> allow staff to check on the accuracy of the motion of Item#7. The <br /> Commission questioned whether the motion correctly stated that the <br /> first phase of the construction of the school district maintenance <br /> building contained 12,900 sq. ft. with an investment of$900,000. <br /> The information in the attached agenda memo from Bill Rubin <br /> indicates that the motion was correctly stated. The first phase of the <br /> • project will contain approximately 12,900 sq. ft. at a cost of$900,000. <br /> The second phase will result in the construction of an additional <br /> 7,800 square feet with an investment of approximately $300,000. <br /> ACTION REQUESTED: <br /> Motion to approve the February 12, 1996, Economic Development <br /> Authority minutes. <br /> 1111 <br /> 13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • (612) 441-7420 • Fax: (612) 441-7425 <br />