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10-11-2010 EDA MIN
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10-11-2010 EDA MIN
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11/18/2010 4:25:13 PM
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MEETING OF THE ELK RIVER <br />ECONOMIC DEVELOPMENT AUTHORITY <br />HELD AT THE ELK RIVER CITY HALL <br />MONDAY, OCTOBER 11, 2010 <br />Members Present: President Touchette, Commissioners Dw}'ex, Klinzing, Motin, ~w'estgaazd, <br />and Zexwas <br />Members Absent Commissioner Tveite <br />Staff Present: Director of Economic Development Catherine Mehelich, Economic <br />Development Assistant Annie Deckext, Finance Director Tim Simon, and <br />Executive Secretax-~~/Deputy Ciry Clerk Jessica D4illes <br />1. Call Meeting To Oxdex <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 Touchette. <br />2. Consider Agenda <br />MOVED BY COMMISSIONER KLINZING AND SECONDED BY <br />COMMISSIONER WESTGAARD TO APPROVE THE OCTOBER 11, 2010 EDA <br />AGENDA. MOTION CARRIED 6-0. <br />3. Consider Consent Agenda <br />MOVED BY COMMISSIONER MOTIN AND SECONDED BY <br />COMMISSIONER ZERWAS TO APPROVE THE CONSENT AGENDA AS <br />FOLLOWS: <br />3.1. AUGUST 9, 2010 REGULAR MEETING MINUTES AS AMENDED <br />3.2. CHECK REGISTERS <br />3.3. BALANCE SHEET <br />3.4. REVENUE/EXPENDITURE REPORT <br />MOTION CARRIED 6-0. <br />4. Open Mike <br />No one was present. <br />~. Consider Resolution Authorizine Transfer from the EDA DTED Fund to the Micro Loan <br />Fund <br />bls. Mehelich presented hex staff report. <br />MOVED BY COMMISSIONER ZERWAS AND SECONDED BY <br />COMMISSIONER KLINZING TO ADOPT RESOLUTION 10-OS <br />AUTHORIZING THE TRANSFER OF $214,493.16 FROM THE EDA DIED <br />FUND TO THE MICRO LOAN FUND. MOTION CARRIED 6-0. <br />
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