04-09-1990 EDA MIN - Laserfiche WebLink

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Economic Development Authority Minutes April 9, 1990 Page 4 . 10.1 Elk River Pins Sandy Thackeray, City Clerk, stated that she has been researching the purchase of metal City of Elk River pins. She stated that she would like direction from the EDA regarding the style of pins. After discussion regarding the City of Elk River pins it was the consensus of the EDA that the City Clerk order a small number of metal City of Elk River pins identical to the style of the plastic pins so that the EDA can determine whether they want to keep this style after seeing the pins. 10.2 City Float Chairman Tralle stated that at the last City Council meeting the City moved to spend $1,850 from the EDA budget for the purchase of a City of Elk River float. He stated that because the money would be coming from the EDA budget, the motion would have to come from the EDA to expend the monies. COMMISSIONER HOLMGREN MOVED TO AUTHORIZE THE EDA TO SPEND $1,850 FOR THE PURCHASE OF MATERIALS AND CONSTRUCTION OF THE ELK RIVER FLOAT. COMMISSIONER KROPUENSKE SECONDED THE MOTION. THE MOTION CARRIED 6-0. . COMMISSIONER KROPUENSKE MOVED TO AUTHORIZE A CHECK OF $925 (1/2 OF THE $1,850) PAYABLE TO GRAY DISPLAY FOR THE EXPENSES OF THE FLOAT. COMMISSIONER DOBEL SECONDED THE MOTION. THE MOTION CARRIED 6-0. 10.3 Executive Director Uodate Pat Klaers stated that Dick Fursman has received a letter from a law firm in regard to Dr. Jarmoluk and Dr. Nyberg and the relocation of their dental business. He stated that they are looking at a residential property on a commercial site located on Main Street, and that they are requesting city assistance. Executi ve Director Klaers stated that staff would like to review the request and talk to the doctors regarding this matter and then get back to the EDA with a report at the 5/12/90 EDA meeting. Pat Klaers, Executive Director, stated that there will be a groundbreaking ceremony on April 11, 1990, at 1:00 p.m. for the 51 unit apartment building to be built at School Street and Proctor Avenue. Pat Klaers stated that the City may be entering into serious negotiations with property owners of Parcel B. He indicated that Parcel B is east of Ridgewood East Park and west of the cemetery. . Pat Klaers stated that Dick Fursman is meeting with a developer on April 10, regarding Block A. He further stated that Mr. Fursman has received a call from Elmer Anderson and that Mr. Anderson indicated that he is requesting the City to pay him $300,000 for his property and further to give him the Jenne site. Mr. Klaers indicated that the City may be able to capture money through a TIF project. Mike Mulrooney, Economic Development Consultant, stated that it would be best if Mr.