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<br />. <br /> <br />. <br /> <br />. <br /> <br />MEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY <br />HELD AT THE ELK RIVER CITY HALL <br />MONDAY, JULY 31, 1989 <br /> <br />Members Present: Commissioners Tralle, Schuldt, Dobel, Kropuenske, and <br />Holmgren <br /> <br />Members Absent: None <br /> <br />Staff Present: Pat Klaers, City Administrator; Dick Fursman, Economic <br />Development Coordinator; Lori Johnson, Finance Director <br /> <br />1. Pursuant to due call and notice thereof, the meeting of the Economic <br />Development Authority was called to order by Chairman Tralle at 7:00 <br />p.m. <br /> <br />2. Consideration of 7/31/89 EDA A~enda <br /> <br />COMMISSIONER HOLMGREN MOVED TO APPROVE THE 7/31/89 EDA AGENDA. <br />COMMISSIONER SCHULDT SECONDED THE MOTION. THE MOTION CARRIED 5-0. <br /> <br />3. <br /> <br />Consider 7/17/89 EDA Minutes <br /> <br />COMMISSIONER DOBEL MOVED TO APPROVE THE 7/17/89 EDA MINUTES. <br />COMMISSIONER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 5-0. <br /> <br />4. <br /> <br />Old Hardware Site <br /> <br />4.A. Appraisal Schedule <br /> <br />Dick Fursman, Economic Development Coordinator, informed the <br />Commissioners that the firm of Shenehon and Associates has <br />indicated that they would be interested in doing an appraisal of <br />the hardware site and have indicated that the appraisal will not <br />exceed $1,000. Mr. Fursman also indicated that Shenehon and <br />Associates have stated that they would be interested in <br />appraising the entire block if this were requested by the EDA. <br /> <br />Commissioner Dobel questioned how many of the property owners <br />along the block are interested in a total redevelopment of the <br />block. Mr. Fursman replied that he is aware of three owners <br />that are interested. <br /> <br />4.B. Purchase Timetable <br /> <br />Mr. Fursman indicated that the City has begun taking steps to <br />plan a marketing strategy for the Jenne property site. Mr. <br />