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<br />e <br /> <br />MEETING OF THE ELK RIVER <br />ECONOMIC DEVELOPMENT AUTHORITY <br />HELD AT THE ELK RIVER CITY HALL <br />MONDAY, MARCH 13, 2000 <br /> <br />Members Present: <br /> <br />President Dwyer, Commissioners Gongoll, Klinzing, Thompson, and <br />Motin <br /> <br />Members Absent: <br /> <br />Commissioner Farber <br /> <br />Staff Present: Marc Nevinski ; Acting Director of Economic <br />Development Sandra Peine; City Clerk, and Pat Klaers; City <br />Administrator <br /> <br />1. Call Meetina To Order <br /> <br />Pursuant to due call and notice thereot the meeting of the Economic <br />Development Authority was called to orderat 6:00 p.m. by President Dwyer. <br /> <br />2. Consider /3/13/00 Aaenda <br /> <br />e <br /> <br />COMMISSIONER THOMPSON MOVED TO APPROVE THE MARCH 13, 2000, EDA <br />AGENDA. COMMISSIONER GONGOLL SECONDED THE MOTION. THE MOTION <br />CARRIED 5-0. <br /> <br />3. <br /> <br />Consider Consent Aaenda <br /> <br />COMMISSIONER GONGOLL MOVED TO APPROVE THE CONSENT AGENDA AS <br />FOLLOWS: <br /> <br />3.1. FEBRUARY 14, EDA MINUTES - APPROVED <br />3.2. EDA CHECK REGISTER - APPROVED <br /> <br />COMMISSIONER THOMPSON SECONDED THE MOTION. THE MOTION CARRIED 5-0. <br /> <br />4. Open Mike <br /> <br />No one appeared for open mike. <br /> <br />5. Micro Loan Application - Ultra Image Powder Coating <br /> <br />Marc Nevinski stated that Mark Rothfork of Ultra Image Powder coating has <br />requested a supplemental micro loan in the amount of $50,000. He explained <br />that the loan will be used to expand Mr. Rothfork's existing building located in the <br />McChesney Industrial Park. Marc indicated that the Finance Committee has <br />recommended approval of the micro loan request. <br /> <br />e <br /> <br />Mr. Rothfork was present and spoke to the EDA about his company and plans for <br />expansion. <br />