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411 <br /> ACTION REQUESTED <br /> The EDA Commissioners are asked to approve the 1994 EDA <br /> Budget in the amount of $76,800 . <br /> The EDA is also asked to adopt a resolution requesting <br /> that the City of Elk River levy a tax against the taxable <br /> market value in the City in the amount necessary to <br /> generate $76,800 to be used for economic development <br /> purposed by the Economic Development Authority. A draft <br /> of this resolution is included in the EDA agenda packet. <br /> 9 . PROSPECT STATUS REPORT <br /> The Prospect Status Report has been sent under separate <br /> cover. <br /> • <br />