Laserfiche WebLink
<br />Meeting of the Elk River Joint Finance Committee <br />Held at Elk River City Hall <br />Tuesday, June 26, 2018 <br /> <br /> <br />Members Present: Larry Toth, Ryan Hardin, Jim Gromberg, Bryan Provo, Rhonda Magnussen <br /> <br />Members Absent: Nate Ovall, Chad Vitzthum, Michelle Eder, Dan Tveite <br /> <br />Staff Present: Amanda Othoudt, Economic Development <br /> <br />Others Present: Jeff Orluck, Orluck Industries, Inc. <br /> <br /> <br />1. Call Meeting to Order <br /> <br />Pursuant to due call and notice thereof, the meeting of the Elk River Joint Finance <br />Committee was called to order at 7:40 a.m. <br /> <br />2. Consider Agenda <br /> <br />Motion by Gromberg and seconded by Hardin to approve the June 26, 2018, Joint <br />Finance Committee agenda. <br /> <br />Motion carried 5-0. <br /> <br />3. Consent Agenda <br /> <br />Motion by Gromberg and seconded by Provo to approve the June 26, 2018 Joint <br />Finance Committee consent agenda: <br /> 3.1. January 30, 2018 Joint Finance Committee meeting minutes. <br /> 3.2. Revolving Loan Fund Balance report. <br /> <br />Motion carried 5-0. <br /> <br />4.1 Jobs Incentive Microloan Application for Orluck Industries, Inc. <br /> <br />Ms. Othoudt presented the staff report. Members discussed various aspects of the <br />application. <br /> <br />Motion by Provo and seconded by Magnussen to recommend approval of the Jobs <br />Incentive Microloan Application for Orluck Industries, Inc. as outlined in the staff <br />report. <br /> <br />Motion carried 5-0 all in favor. <br />