Laserfiche WebLink
MEETING OF THE ELK RIVER <br />ECONOMIC DEVELOPMENT AUTHORITY <br />HELD AT THE ELK RIVER CITY HALL <br />MONDAY, AUGUST 12, 2002 <br />Members Present: Commissioners Dwyer, Klinzing, Kuester, Tveite and i~Iotin <br />Members Absent: President Gongoll and Commissioner Koenig <br />Staff Present: Dixettor of Economic Development Catherine Mehelich, City <br />Administrator Pa[ Klaers, Finance Director Lori Johnson and City Clerk <br />Sandra Peine <br />1. Call Meeting To Order <br />Pursuant to due call and notice thereof, the meeting of the Economic Development <br />Authority was called to order at 6:00 p.m. by Vice President Dwyer. <br />2. ConsidecS/12/02Agenda <br />COMMISSIONER TVEITE MOVED TO APPROVE THE AUGUST 12, 2002, <br />EDA AGENDA. COMMISSIONER MOTIN SECONDED THE MOTION. THE <br />MOTION CARRIED 4-0. <br />3. Consider Consent Agenda <br />COMMISSIONER TVEITE MOVED TO APPROVE THE CONSENT AGENDA <br />AS FOLLOWS: <br />3.1. JULY 8, 2002 EDA MINUTES <br />3.2. CHECK REGISTER <br />3.3. REVENUE/EXPENDITURE REPORT <br />3.4. BALANCE SHEET <br />3.5. AMENDMENT TO NORTSTAR DIE CASTING (STEVE WHITING) <br />SETTLEMENT PAYMENT OF $500 PER MONTH FOR A PERIOD OF <br />ONE YEAR COMMENCING SEPTEMBER 1, 2002 AND RESUMING <br />PAYMENTS OF $1,000 PER MONTH NO LATER THAN SEPTEMBER <br />1, 2003 AND TO CONTINUE UNTIL FULL PAYMENT IS RECEIVED <br />IN JULY 2004. <br />COMMISSIONER KUESTER SECONDED THE MOTION. THE MOTION <br />CARRIED 4-0. <br />4. Ogen Mike <br />No one appeared Eor open mike. <br />(Commissioner Klinzing arrived at this time (6:04 p.m.) <br />