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<br />COMMISSIONER FARBER MOVED TO APPROVE THE SALE OF APPROXIMATELY 2.17 <br />ACRES TO ALLTOOL MANUFACTURING COMPANY, INC., 19188 INDUSTRIAL <br />BOULEVARD, ELK RIVER, MINNESOTA. COMMISSIONER HOLMGREN SECONDED THE <br />MOTION. THE MOTION CARRIED 7-0. <br /> <br />Executive Director Bill Rubin indicated that the Deed would not be filed until <br />Alltool completed the concept review process and obtained a building permit. <br /> <br />COMMISSIONER FARBER MOVED TO APPROVE A QUIT CLAIM DEED CONVEYING THE <br />APPROXIMATELY 2.17 ACRE SITE TO ALLTOOL MANUFACTURING COMPANY, INC. <br />COMMISSIONER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 7-0. <br /> <br />5. Adiournment <br /> <br />There being no further business, the special meeting of the Economic <br />Development Authority was adjourned at 5:53 p.m. <br /> <br />Respectfully submitted, <br /> <br />r)">~rL, Ji~~ <br /> <br />Sandra Thackeray <br />City Clerk <br />