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ITEM 1 9. <br /> City of <br /> Elk --�-� <br /> River <br /> MEMORANDUM <br /> TO: Economic Development Authority <br /> FROM: Catherine Mehelich, Director of Economic Development <br /> DATE: January 12, 2004 <br /> SUBJECT: EDA Micro Loan -- Riverside Manufacturing, Inc. <br /> This memo serves to provide the EDA notice that Riverside Manufacturing, Inc. has <br /> recently provided payment in the amount of$43,768.31 on its past due EDA Micro Loan. <br /> The payment did not include interest accrued over the past year,nor attorney fees. Staff will <br /> continue to recover these items,totaling approximately$4,500. <br /> r <br /> • <br /> } <br />