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gi <br /> i <br /> Economic Development Authority Minutes Page 2 <br /> March 20,2017 <br /> 4. Open Forum <br /> No one appeared for Open Forum. <br /> 1 5. Public Hearings <br /> There were no public hearing items scheduled for this agenda. <br /> 6.1 Marketing Report <br /> Ms. Eddy presented the staff report. <br /> 6.2 Directors Report <br /> Ms. Othoudt presented the staff report. <br /> 6.3 Subordination of Security Interest Request for Patriot Converting <br /> Ms. Othoudt presented the staff report. <br /> Moved by Commissioner Blesener and seconded by Commissioner <br /> y y <br /> Westgaard to approve Resolution 17-02 approving subordination of security <br /> interest for Patriot Converting, Inc., as outlined in the staff report. <br /> Motion carried 7-0. <br /> 7.1 Announcements <br /> There were no announcements. <br /> 8. Adjournment <br /> There being no further business,Chair Tveite adjourned the meeting of the Elk <br /> River Economic Development Authority at 5:51 p.m. <br /> Minutes prepared by Jennifer Johnson. <br /> ,, ----7-4 --- -) <br /> Dan Tveite, EDA President <br /> L <br /> Tina Allard,City Clerk <br /> (VOVERIU 1 Y <br /> NATURE <br />