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4.1. DRAFT EDA MINUTES (5 SETS) 08-17-2020
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4.1. DRAFT EDA MINUTES (5 SETS) 08-17-2020
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Economic Development Authority Unutes Page 2 <br /> June 29,2020 <br /> ----------------------------- <br /> pursuant to Covid-19 Small Business Emergency Microloan Program for <br /> Pyramid Fitness Group, LLC dba/Anytime Fitness. <br /> Motion carried 6-0 with Chair Tveite abstaining. <br /> Moved by Commissioner Christianson and seconded by Commissioner <br /> Westgaard to adopt Resolution 20-05 approving loan agreement and related <br /> documents pursuant to Covid-19 Small Business Emergency Microloan <br /> Program for Chow Mixed Grill and BBQ, LLC. <br /> Motion carried 6-0 with Commissioner Ovall abstaining as his wife works for <br /> Chow. <br /> Moved by Commissioner Christianson and seconded by Commissioner <br /> Wagner to adopt Resolution 20-06 approving loan agreement and related <br /> documents pursuant to Covid-19 Small Business Emergency Microloan <br /> Program for Daddy O's Cafe Inc. <br /> Motion carried 7-0. <br /> Moved by Commissioner Westgaard and seconded by Commissioner Wagner <br /> to adopt Resolution 20-07 approving loan agreement and related documents <br /> pursuant to Covid-19 Small Business Emergency Microloan Program for <br /> Inspire Studio, LLC. <br /> Motion carried`' "-0. <br /> 4. Administration of COVID-19 Small Business Emergency Loan <br /> Program <br /> . Othoudt presented the staff report. <br /> #-C-O-mmissioner Ovall stated this is consistent with what he expected so action could <br /> be taken quickly to help businesses. <br /> Commisioner Wagner questioned if there is an opportunity for an applicant to <br /> appeal. <br /> Ms. Othoudt stated yes. <br /> Chair Tveite stated the Open Forum process is available also. He asked there be a <br /> report to the Authority on a monthly basis in a generic manner so businesses <br /> wouldn't be called out. <br /> Moved by Commissioner Westgaard and seconded by Commissioner Hartwig <br /> to adopt Resolution 20-08 relating to Covid-19 Small Business Emergency <br /> NATURE] <br />
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