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Economic Development Authority Minutes Page 5 <br /> August 17,2020 <br /> ----------------------------- <br /> Ms. Othoudt stated she is not asking for more funding to be released but questioning <br /> the business eligibility list. <br /> President Tviete noted there is approximately$102,000 remaining in the loan fund <br /> with three months into the program. He stated he would be open to getting some <br /> recommendations on program expansion for businesses but limit it to the $200,000 <br /> already allocated unless CARE funding becomes available. <br /> Commission consensus directed staff to come forward with a recommendation of <br /> eligible uses. <br /> 8. Adjournment At <br /> There being no further business, President Tveite adjourned the meeting of the Elk <br /> River Economic Development Authority at 6:32 p.m. <br /> Dan Tveite,EDA President <br /> Tina Allard, City Clerk <br /> UREJ <br />