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5.A. 5.B. 5.C. HRSR 01-27-1997 ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY MEMORANDUM TO: Housing and Redevelopment Authority FROM: Paul T. Steinman, Director of Economic Development DATE: January 22, 1997 SUBJECT: Agenda Item#5 -Annual Meeting Items 5.a. Election of Officers Elections for the following offices are required at this annual meeting of the HRA: • Chair • Vice Chair • Secretary Below is the HRA's 1996 officer representation: • Gene Schuldt, Chair • Duane Kropuenske, Vice Chair • Larry Farber, Secretary 5.b. Designate Official Newspaper The HRA's official newspaper is the Elk River Star News. It is recommended at this time the HRA redesignate the Star News as the HRA's official newspaper for the 1997 calendar year. 5.c. Designate Official Depositories Past practice for the HRA has been to designate depositories identical to those designated by the City of Elk River. For 1997, the Elk River City Council has designated the following banks/institutions as its official depositories: • • The Bank of Elk River P.O. Box 490 • 13065 Orono Parkway • Elk River, MN 55330-1743 • (612) 441-7420• Fax: (612) 441-7425 Equal Opportunity Housing and Equal Opportunity Employment • First National Bank of Elk River • • 4M Fund • Norwest Bank • FirstBanks, N. A. • Marquette Bank It is recommended the HRA designate the above-referenced banks/institutions as its official depositories for funds in 1997. \\elkriver\sys\shrdoc\e da\hra\annmtg.doc •