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Housing & Redevelopment Authority <br />December 4, 2006 <br />Page 3 <br />MOVED BY COMMISSIONER MOTIN AND SECONDED BY <br />COMMISSIONER LIESER TO ADOPT RESOLUTION 06-02 AUTHORIZING <br />THE EXECUTION OF A PURCHASE AGREEMENT WITH HOULTON <br />INVESTMENT COMPANY FOR THE PURCHASE OF 716 AND 720 MAIN <br />STREET, ELK RIVER, MINNESOTA AND THE PURCHASE OF THE <br />PROPERTY PURSUANT TO THE TERMS OF SAID PURCHASE <br />AGREEMENT. MOTION CARRIED 4-0. <br />7. Other Business <br />Discussion took place regarding whether or not there would be a quorum for the January 2, <br />2007 HRA meeting. All members present indicated they would be available for the meeting <br />so it will remain as scheduled. <br />Adjournment <br />There being no other business, Chair Wilson adjourned the meeting. <br />The meeting of the Elk River Housing and Redevelopment Authority adjourned at 5:23 p.m. <br />Jessica Miller <br />Recording Secretary <br />