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Ms. Hemmer stated that they will be leasing a portion of their old building and will sell it if <br />the price is right. <br /> <br />Motion by Toth to recommend approval of the Jobs Incentive Microloan application <br />for Distinctive Iron to the EDA and seconded by Magnussen. Motion carried 5-0. <br /> <br />5.1 Announcements <br />Ms. Othoudt notified the committee that there is a vacancy on the committee and if <br />members know anyone they should send Ms. Othoudt their names. <br /> <br />6. Adjournment <br /> <br /> There being no further business, Mr. Tveite adjourned the meeting at 8:08 a.m. <br /> <br /> <br />Minutes prepared by Colleen Eddy. <br /> <br /> <br />_____________________ <br />Tina Allard <br />City Clerk <br /> <br /> <br />___________________ <br />Amanda Othoudt <br />Economic Development Director <br />