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/ —\. <br /> ITEM 7 <br /> c <br /> it .‘ - <br /> * y of MEMORANDUM <br /> lk <br /> River TO: Economic Development Authority <br /> FROM: Lori Johnson e4).Assistant City Administrator <br /> DATE: July 8, 1996 <br /> SUBJECT: TL Feeding Update <br /> Attached is a letter from Pat Pelstring regarding TL Feeding and the <br /> company's expansion plans. TL Feeding has decided to lease space in Osseo <br /> for the short term and will not be locating in Elk River at this time. A Tax <br /> Increment Financing Plan for TL Feeding was approved previously in <br /> anticipation of this project. At an upcoming EDA meeting, a resolution <br /> decertifying the district will be presented for the EDA's approval. <br /> • <br /> Action Requested: <br /> No action is requested on this item at this time. <br /> s:\eda\tlfeedmm.doc <br /> • <br /> 13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • (612) 441-7420 • Fax: (612) 441-7425 <br />