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• RESOLUTION 12-07 A RESOLUTION OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY RECOGNIZING CONTRIBUTIONS OF NICK ZERWAS SERVING ON THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY WHEREAS, On January 2, 2007, the Elk River City Council appointed Nick Zerwas to serve on the Elk River Economic Development Authority; and WHEREAS, During his tenure on the EDA,Mr. Zerwas was instrumental in in approving a $12 million bond issue to finance the Elk River YMCA project; and WHEREAS, his work resulted in the creation of over 100 jobs through the use of Tax Abatement financing to spur the expansion of two existing businesses within the community ;and WHEREAS, He was a strong supporter of the Microloan Program,which provided$484,000 in funding to assist 10 businesses within the community;and WHEREAS, On May 11, 2009, the EDA approved the 1715[Focused Area Study, outlining development framework 1,000 acres around the Northstar Commuter Rail train station site,including 60 acre city-owned Natures Edge Business Center;and • WHEREAS, On January 10, 2011, the EDA appointed Mr. Zerwas to the branding rY pp g subcommittee to facilitate the branding process; and WHEREAS, Mr. Zerwas was a strong contributor to the branding subcommittee and on September 12, 2011, the EDA approved moving forward with the implementation of the Elk River Brand Plan, and on April 23, 2012, the EDA appointed Mr. Zerwas to the Brand Champions Team;and WHEREAS, On November 7, 2011, Mr. Zerwas was appointed to the Downtown Redevelopment Task Force to facilitate the Mississippi Connections Redevelopment plan approved by the City Council on December 3, 2012;and WHEREAS, On January 12,2012, the EDA authorized funding to assist with the improvement costs associated with Nature's Edge Business Center industrial park, and WHEREAS Nick Zerwas's commitment,background and service has contributed to create a strong and sustainable organization working to benefit the City of Elk River. NOW,THEREFORE BE IT RESOLVED the Economic Development Authority in and for the City of Elk River,Minnesota expresses their grateful appreciation for his devotion of time, • knowledge, and experience serving on the Elk River Economic Development Authority.