10-11-1993 EDA MIN - Laserfiche WebLink

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e e e MEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, OCTOBER 11, 1993 Members Present: President Gongoll, Commissioners Dwyer, Dietz, Scheel, Holmgren, and Farber Members Absent: None Staff Present: Bill Rubin, Economic Development Coordinator; Pat Klaers, Executive Director; Sandra Thackeray, City Clerk 1. Call Meeting To Order Pursuant to due call and notice thereof, the meeting of the Elk River Economic Development Authority was called to order at 7:08 p.m. by President Gongoll. 2. Consider 10/11/93 EDA Agenda Item 13.1., Set Public Hearing Date for the proposed Sale of the EDA Main Street Redevelopment Site, was added to the agenda. COMMISSIONER FARBER MOVED TO APPROVE THE 10/11/93 EDA AMENDED. COMMISSIONER HOLMGREN SECONDED THE MOTION. CARRIED 7-0. AGENDA AS THE MOTION 3. Consider 9/13/93 EDA Minutes COMMISSIONER DWYER MOVED TO APPROVE COMMISSIONER HOLMGREN SECONDED THE MOTION. THE 9/13/93 EDA MINUTES. THE MOTION CARRIED 7-0. 4. Open Mike No one appeared for this item. 5. Financial Update Bill Rubin noted that the Revolving Loan Fund had a cash balance of $187,719.15 on September 30. Bill Rubin further stated that the Economic Development Authority had a cash balance of $70,521.52 as of September 30. He further indicated that a Statement of Expenses is included in the EDA packet in the amount of $11,261.03. COMMISSIONER HOLMGREN MOVED TO APPROVE CITY OF ELK RIVER. COMMISSIONER MOTION CARRIED 7-0. PAYMENT OF $11,261.03 TO FARBER SECONDED THE MOTION. THE THE 6. Consider Increment Site by Kjellberg's Assistance for Carpet and Interiors for Tax the EDA Main Street Redevelopment a Request Financing