09-13-1993 EDA MIN - Laserfiche WebLink

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Elk River EDA Meeting september 13, 1993 Page 3 e TERMS AND CONDITIONS RECOMMENDED COMMISSIONER DIETZ SECONDED THE MOTION. BY THE FINANCE COMMITTEE. THE MOTION CARRIED 5-0. 9. Consider Loan Request from R & D Sales Bill Rubin stated that Richard and Dawn Schulz of R & D Sales have requested a loan from the EDA revolving loan fund in the amount of $17,500. The loan will be used by the applicants to leverage primary financing and equity for the construction of a 2,300 square foot production and sales facility to be located on a lot of record along County Road 1. Bill Rubin stated that the EDA revolving loan request represents 17.15% of the entire project financing cost. He further stated that the Finance Committee recommended that the EDA approve the loan request of $17,500. COMMISSIONER DIETZ MOVED TO GRANT A LOAN FROM THE REVOLVING LOAN FUND IN THE AMOUNT OF $17,500 TO RICHARD AND DAWN SCHULZ OF R & D SALES, SUBJECT TO THE TERMS AND CONDITIONS RECOMMENDED BY THE FINANCE COMMITTEE. COMMISSIONER SCHEEL SECONDED THE MOTION. THE MOTION CARRIED 5-0. 10. Approve Script for Video Presentation Project e Bill Rubin stated that the Committee of Jim Tralle, and Dick Gongoll, and the Economic Development Coordinator have been appointed to meet with Diversified Marketing and come up with a script for the video presentation. Bill Rubin stated that a script has been prepared for the video. The EDA reviewed the script and made a couple of edits relating to Outcome Based Education and the reference to the four county area. COMMISSIONER HOLMGREN MOVED TO APPROVE THE SCRIPT AS PRESENTED BY DIVERSIFIED MARKETING RESOURCE WITH THE FOLLOWING CHANGES: **DELETE THE MENTION OF OUTCOME BASED EDUCATION **DELETE THE REFERENCE TO THE FOUR COUNTY AREA. COMMISSIONER DIETZ SECONDED THE MOTION. THE MOTION CARRIED 5-0. 11. Consider a Task Force to Review and Revise the City's permitting and Plan Review Processes Vice President Dwyer stated that the EDA is interested in receiving feedback from businesses regarding the City's permitting and plan review processes. He suggested appointing a committee to meet with businesses to evaluate the processes. The intent of this task force would be to receive valuable feedback from the businesses and to possibly streamline the permitting and plan review process and also improve City and customer relationships. Vice President Dwyer suggested that he, Bill Rubin, President Gongoll, Commissioner Duitsman, and Executive Director Klaers be on the Task Force. e COMMISSIONER HOLMGREN MOVED TO APPOINT A TASK FORCE CONSISTING OF BILL RUBIN, JEFF GONGOLL, PAT DWYER, HANK DUITSMAN, AND PAT KLAERS FOR THE PURPOSE OF REVIEWING THE CITY'S PERMITTING AND PLAN REVIEW PROCESS. COMMISSIONER DIETZ SECONDED THE MOTION. THE MOTION CARRIED 5-0.