Laserfiche WebLink
<br />e <br /> <br />e <br /> <br />e <br /> <br />MEETING OF THE ELK RIVER <br />ECONOMIC DEVELOPMENT AUTHORITY <br />HELD AT THE ELK RIVER CITY HALL <br />MONDAY, AUGUST 11, 1997 <br /> <br />Members Present: <br /> <br />President Dwyer, Commissioners Thompson, Farber and Bender <br /> <br />Members Absent: <br /> <br />Commissioners Gongoll. Holmgren and Duitsman <br /> <br />staff Present: <br /> <br />Paul Steinman, Director of Economic Development; Debbie <br />Kleckner. Recording Secretary <br /> <br />Also Present: <br /> <br />Harlan Jacobs, Genesis Business Centers, Ltd. <br /> <br />1. Call Meetina To Order <br /> <br />Pursuant to due call and notice thereof. the meeting of the Economic <br />Development Authority was called to order at 6:00 p.m. by President Dwyer. <br /> <br />2. Consider 8/12/97 Aaenda <br /> <br />COMMISSIONER FARBER MOVED TO APPROVE THE AUGUST 12, 1997, EDA AGENDA <br />WITH THE FOLLOWING CHANGES: <br /> <br />- MOVE ITEM 7 FOR DISCUSSION BEFORE ITEM 3. <br />- ADD ITEM - DISCUSS POSSIBLE TIF REQUEST FROM DAVE DECKER AND <br />GARY SANTWIRE <br /> <br />COMMISSIONER BENDER SECONDED THE MOTION. THE MOTION CARRIED 4-0. <br /> <br />7. Review and Discuss Business Incubator Activities - Harlan Jacobs <br /> <br />Harlan Jacobs updated the EDA Commissioners on the Business Incubator project <br />as follows: <br /> <br />SolarAttic. Inc. has moved into their space at the Incubator site. They are moving <br />forward with a public stock offering via the internet. <br /> <br />MAS T echnoloaies. a food package testing company currently located in <br />Zumbrota. MN had originally planned to be occupying space by August 1st. <br />Delays are being experienced due to changes within the company as well as <br />potential investments from the Food Fund. <br /> <br />Viroaen - Mr. Jacobs explained Virogen is awaiting U.S.D.A. approval for their <br />process of vaccinating poultry invitro. He indicated that due to space needs, <br />Virogen will not be locating in the Incubator site but staff is working with a local <br />property owner to locate space for this company. Mr. Jacobs noted that Virogen <br />has asked him to serve on their board of directors. <br /> <br />Bio-Enera. Inc. - This prospect is a company which produces a product called <br />rybose made from corn by-products. Rybose is formulated for nutra-cuetical use. <br />