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02-12-2007 EDA MIN
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02-12-2007 EDA MIN
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10/4/2010 3:49:02 PM
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2/12/2007
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MEETING OF THE ELK RIVER <br />ECONOMIC DEVELOPMENT AUTHORITY <br />HELD AT THE ELK RIVER CITY HALL <br />MONDAY, FEBRUARY 12, 2007 <br />Members Present: President Gongoll, Commissioners Dwyer, Fazber, Klinzing, Motin, Tveite, <br />and Zerwas <br />Members Absent: None <br />Staff Present: Director of Economic Development Catherine Mehelich, Community <br />Development Director Scott Clark, and Recording Secretary Jessica Miller <br />1. all M i g To Order <br />Pursuant to due call and notice thereof, the meeting of the Economic Development <br />Authority was called to order at 5:30 p.m. by President Gongoll. <br />2. Consider Agenda <br />MOVED BY COMMISSIONER MOTIN AND SECONDED BY <br />COMMISSIONER DWYER TO APPROVE THE FEBRUARY 12, 2007 EDA <br />AGENDA. MOTION CARRIED 5-0. <br />3. onsid r nn n A nrta <br />MOVED BY COMMISSIONER TVEITE AND SECONDED BY <br />COMMISSIONER FARBER TO APPROVE THE CONSENT AGENDA AS <br />FOLLOWS: <br />3.1. JANUARY 8, 2007 REGULAR MEETING MINUTES <br />3.2. CHECK REGISTERS <br />3.3. BALANCE SHEET <br />3.4. REVENUE/EXPENDITURE REPORT <br />MOTION CARRIED 5-0. <br />4. n Mik <br />No one appeazed for open mike. <br />5. Consider Micro Tna for Dad y'-O's Cafe <br />Director of Economic Development Catherine Mehelich indicated that on January 25, the <br />EDA Finance Committee reviewed a Micro Loan application from Jeff Kreuger of Daddy- <br />O's Cafe. Ms. Mehelich stated that the Finance Committee recommended approval of the <br />$25,000 Downtown Business Revitalization Program Micro Loan to Daddy-O's Cafe. She <br />outlined the terms of the loan. <br />
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