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<br />Economic Development Authority Minutes <br />January 11, 1999 <br /> <br />Page 3 <br /> <br />. <br /> <br />d. <br /> <br />Desianate Official Depositories <br /> <br />COMMISSIONER GONGOLL MOVED TO DESIGNATE THE FOLLOWING <br />BANKS/INSTITUTIONS AS EDA OFFICIAL DEPOSITORIES FOR 1999: <br /> <br />THE BANK OF ELK RIVER <br />4M FUND <br />US BANK <br /> <br />FIRST NATIONAL BANK OF ELK RIVER <br />NORWEST BANK <br /> <br />COMMISSIONER BENDER SECONDED THE MOTION. THE MOTION CARRIED 6- <br />0-1. COMMISSIONER DWYER ABSTAINED. <br /> <br />e. Consider Commission Appointments/ Assianments <br /> <br />Commissioner Dwyer proposed the reappointment of current EDA Finance <br />Committee members, and to bring ba~k a resolution re-nominating (2) <br />candidates to the EDA Finance Committee at the February EDA meeting. <br /> <br />Director of Economic Development Paul Steinman indicated that there is <br />a vacancy on the Finance Committee, possibly for one (1) EDA member. <br /> <br />Paul Steinman stated that there is a vacancy on the EDA Business <br />Incubator Advisory Committee, which is hoped to be filled by an EDA <br />member to replace Hank Duitsman. <br /> <br />e <br /> <br />Commissioner Thompson nominated Commissioner Klinzing to the EDA <br />Business Incubator Advisory Committee. <br /> <br />COMMISSIONER MOTIN MOVED TO REAPPOINT ALL CURRENT MEMBERS OF <br />THE EDA FINANCE COMMITTEE AND THE EDA BUSINESS INCUBATOR <br />ADVISORY COMMITTEE; AND TO APPOINT COMMISSIONER KLINZING TO THE <br />EDA BUSINESS INCUBATOR ADVISORY COMMITTEE, WITH THE TWO (2) <br />VACANCIES ON THE EDA FINANCE COMMITTEE TO BE BROUGHT BACK AT <br />THE FEBRUARY EDA MEETING. THE MOTION WAS SECONDED BY <br />COMMISSIONER FARBER. THE MOTION CARRIED 7-0. <br /> <br />f. Discuss Enablina Resolution/Bylaws for Suaaested Chanaes <br /> <br />Commissioner Motin requested that the publication of the enabling <br />resolution/bylaws include the addition of Assistant Treasurer to Article 3.1 . <br /> <br />COMMISSIONER GONGOLL MOVED TO RECOMMEND A CHANGE BE MADE <br />TO THE BYLAWS TO REFLECT THE ADDITION OF ASSISTANT TREASURER TO <br />ARTICLE 3.1. COMMISSIONER MOTIN SECONDED THE MOTION. THE MOTION <br />CARRIED 7-0. <br /> <br />6. <br /> <br />Discussion Reaardina Establishina Business Incubator Marketina Advisory Group <br /> <br />. <br /> <br />Commissioner Gongoll discussed the concept of establishing a third EDA <br />subcommittee titled Business Incubator Marketing Advisory Group. He indicated <br />that the committee would be available to provide marketing expertise and <br />direction to tenants in the incubator. He further suggested that included in the <br />