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Economic Development Authority Minutes Page 2 <br />April 17, 2017 <br />----------------------------- <br />6.1 Microloan Policy <br />Ms. Othoudt presented her staff report. <br />(Commissioner Ovall arrived 5:37 p.m.) <br />Commissioner Blesener indicated the policy states micro-brewery loans are only <br />available to business and property owners in the Downtown Area a <br />intent was to amend the policy to include micro-brewery loans anywhere within the <br />city limits. Ms. Othoudt stated that is an error and she will co <br />micro-brewery loans within city limits. <br /> <br />Moved by Commissioner Olsen and seconded by Commissioner Westgaard to <br />approve the amended Economic Development Authority Microloan Fund <br />Program Policy. Motion carried 7-0. <br /> <br />6.2 Jobs Incentive Microloan Policy <br /> <br /> Ms. Othoudt presented her staff report. <br /> <br />Moved by Commissioner Blesener and seconded by Commissioner Olsen to <br />approve the Economic Development Authority Jobs Incentive Microloan <br />Program and Policy. Motion carried 7-0. <br /> <br />6.3 Tax Abatement Policy <br /> <br /> Ms. Othoudt presented the staff report. <br /> <br />Moved by Commissioner Westgaard and seconded by Commissioner <br />Blesener to approve the amended Economic Development Authority Tax <br />Abatement Policy and Application. Motion carried 7-0. <br /> <br />6.4 Beautification Policy Ï Revised <br /> <br /> Ms. Othoudt presented the staff report. <br /> <br />Moved by Commissioner Wagner and seconded by Commissioner Olsen <br />approve the revised Economic Development City Beautification Policy. <br />Motion carried 7-0. <br /> <br />6.5 DirectorÔs Report <br /> <br /> Ms. Othoudt presented her directorÔs report. <br /> <br />7. Announcements <br /> <br /> There were no announcements. <br /> <br />