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6.0. HRSR 01-27-2003 Item # 6 City of Elk River MEMORANDUM TO: Housing & Redevelopment Authority FROM: Catherine Mehelich, Director of Economic Development/ DATE: January 27, 2003 ((,, SUBJECT: Annual Meeting Issues The following annual business issues should be considered by the HRA: a. Election of Officers—The HRA bylaws indicate the following offices are to be filled through the election process at the annual meeting of the Authority. The 2002 officers were as follows: • • Chair—Larry Toth • Vice Chair—Stewart Wilson • Secretary—Daryl Thompson b. Appoint Executive Director—The appointment of an executive director is required at the annual meeting of the Authority. Staff recommends the HRA appoint Catherine Mehelich, Director of Economic Development as the HRA's executive director. c. Designate Official Newspaper—The HRA's current official newspaper is the Elk River Star News. Staff recommends redesignation of the Elk River Star News as the official HRA newspaper for 2003. d. Designate Official Depositories—Staff recommends designating the following official depositories identical to those designated by the EDA and City Council: • First National Bank of Elk River • 4M Fund • Wells Fargo Bank • The Bank of Elk River • USBank •