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12-10-2012 EDA MIN MEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, DECEMBER 10, 2012 Members Present: President Tveite,Commissioners Dwyer, Gumphrey,Motin,Westgaard, and Zerwas Members Absent: Commissioner Provo Staff Present: Director of Economic Development Annie Deckert,Assistant Director of Economic Development Clay Wilfahrt, Finance Director Tim Simon, and Executive Secretary/Deputy City Clerk Jessica Miller 1. Call Meeting To Order Pursuant to due call and notice thereof, the meeting of the Economic Development Authority was called to order at 5:30 p.m. by President Tveite. 2. Consider Agenda Preident Tveite indicated that he has two resolutions to add under item 8. MOVED BY COMMISSIONER MOTIN AND SECONDED BY COMMISSIONER WESTGAARD TO APPROVE THE DECEMBER 10,2012, EDA AGENDA AS AMENDED. MOTION CARRIED 6-0. 3. Consider Consent Agenda MOVED BY COMMISSIONER DWYER AND SECONDED BY COMMISSIONER MOTIN TO APPROVE THE CONSENT AGENDA AS FOLLOWS: 3.1. NOVEMBER 13,2012, REGULAR MEETING MINUTES. 3.2. CHECK REGISTER AS OUTLINED IN THE STAFF REPORT. 3.3. BALANCE SHEET AS OUTLINED IN THE STAFF REPORT. 3.4. REVENUE/EXPENDITURE REPORT AS OUTLINED IN THE STAFF REPORT. MOTION CARRIED 6-0. 4. Open Forum No one was present for open forum. 5. Refinance the EDA General Obligation 2007 Bonds—Public Hearing Mr. Simon presented his staff report. President Tveite opened the public hearing. There being no one present to speak on this issue,President Tveite closed the public hearing. Economic Development Authority Minutes Page 3 December 10,2012 Minutes prepared by Jessica Miller. Dan Tv te,Pres': .t Tina Allard,City Clerk