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<br />. <br /> <br />. <br /> <br />. <br /> <br />Page 2 <br /> <br />Economic Development Authority Meeting <br />October 2, 1989 <br /> <br />Commissioner Holmgren questioned where the responsibility would lie for <br />the misplaced business owners during the reconstruction of the block. <br />Dick Fursman stated that the entire block would not be demolished at one <br />time and therefore business owners could move from one place to another <br />while construction was going on and also the Cinema Building would remain <br />intact so none of the offices would be displaced. Commissioner Holmgren <br />questioned what this project would cost the City. Commissioner <br />Kropuenske questioned whether the property owners would be willing to <br />reimburse the City for some of the up front fees involved. Mike <br />Mulrooney stated costs directly related to the project could possibly be <br />reimbursed to the City by the property owners. The City Administrator <br />indicated that he does not see much of a chance of the City receiving any <br />money from the property owners. Dick Fursman indicated that he did not <br />feel that there would be a large amount of money involved in the <br />marketing phase. <br /> <br />COMMI SSIONER KROPUENSKE MOVED TO ACCEPT THE CONCEPT OF THE MARKETING PLAN <br />FOR BLOCK "An PRESENTED BY THE ECONOMIC DEVELOPMENT COORDINATOR, DICK <br />FURSMAN. WITH THE UNDERSTANDING THAT THESE TIME FRAMES ARE ESTIMATED. <br />COMMISSIONER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 4-0. <br /> <br />4. <br /> <br />Mork Update <br /> <br />Economic Development Coordinator, Dick Fursman, indicated that the City <br />has advertised for bids for the demolition or removal of the three homes <br />located on the Mork site. He indicated that bids will close on Tuesday, <br />October 3. at 4:00 p.m. Mr. Fursman stated that the City's involvement <br />in the removal of the buildings on the Mork site is mainly coordination. <br /> <br />5. <br /> <br />Adj ournment <br /> <br />There being no further business, COMMISSIONER HOLMGREN MOVED TO ADJOURN <br />THE ECONOMIC DEVELOPMENT AUTHORITY MEETING. COMMISSIONER SCHULDT <br />SECONDED THE MOTION. THE MOTION CARRIED 4-0. <br /> <br />The meeting of the Elk River Economic Development Authority adjourned at 7:45 <br />p.m. <br /> <br />Respectfully submitted. <br /> <br /> <br />~~raY <br /> <br />Ci ty Clerk <br /> <br />