3.3.-3.4. EDSR CHECK REGISTER 11-10-1997 RC FINANCIAL SYSTEM CITY OF ELK RIVER
1/03/97 08:33 Check Register GL540R-VO4.40 PAGE 4
iCNK VENDOR CHECK# DATE AMOUNT
DA BANK OF ELK RIVER #020407
010142 A T & T WIRELESS SERVICE 1447 11/03/97 35.19
.09173 CAPITAL TITLE CORP 1448 11/03/97 50.00
015565 GENESIS BUSINESS CENTERS 1449 11/03/97 500.00
016240 HICKMAN/LARRY 1450 11/03/97 1,648.00
016241 HICKMAN/LARRY 1451 11/03/97 2,433.70
016545 HOUSE 'B' CLEAN 1452 11/03/97 42.60
022452 PUBLIC RESOURCE GROUP 1453 11/03/97 3,850.00
022658 RELIABLE 1454 11/03/97 18.01
024925 U S WEST COMMUNICATIONS 1455 11/03/97 63.31
025595 WEDELL/GRETA 1456 11/03/97 1,050.00
BANK OF ELK RIVER #020407 9,690.81 ;**
•
BRC FINANCIAL SYSTEM CITY OF ELK RIVER
10/17/97 07:48 Check Register GL540R-VO4.40 PAGE 6
BANK VENDOR CHECK# DATE AMOUNT
EDA BANK. OF ELK RIVER #020407
016240 HICKMAN/LARRY 1430 10/20/97 4,081.70CR
016241 HICKMAN/LARRY 1436 10/20/97 2,433.70
016240 HICKMAN/LARRY 1437 10/20/97 1,648.00
022225 POSTMASTER 143B 10/20/97 36.63
010140 A T & T 1439 10/20/97 7.86
013670 DOHERTY, RUMBLE & BUTLER 1440 10/20/97 104.49
.09101 ELK RIVER/CITY OF 1441 10/20/97 42.60
014041 ELK RIVER/CITY OF 1442 10/20/97 10,818.41
022970 S & T OFFICE PRODUCTS IN 1443 10/20/97 31.51
023800 SPECTRUM PHOTOGRAPHIC SE 1444 10/20/97 56.45
024875 TWIN LAKES MESSENGER SER 1445 10/20/97 40.00
025595 WEDELL/GRETA 1446 10/20/97 996.00
BANK OF ELK RIVER #020407 12,133.95 ***
•
INFORMATION ONLY
STATEMENT OF FINANCIAL ACTIVITY
S FOR THE EDA,MICRO AND DTED LOAN FUNDS
FOR THE PERIOD SEPTEMBER 30, 1997
ECONOMIC DEVELOPMENT AUTHORITY
1997 Month to Year to
Budget Date Date
Cash Balance $ 115,946
Revenues
Property Tax $ 82,440 $ - $ 45,217
HACA 12,060 - 6,033
Refunds&Reimb. - - -
Interest Income - 330 1,920
Total Revenues 94,500 330 53,170
Expenditures
Personal Services 46,600 19 23,322
Supplies 800 99 694
Other Services&Charges 45,350 1,110 29,014
Transfers 1,000 - 1,000
Total Expenditures 93,750 1,228 54,030
• MICRO LOAN FUND DTED LOAN FUND
Month to Year to Month to Year to
Date Date Date Date
Cash Balance $ 320,844 $ 20,495
Revenues
Application Fees $ - $ 1,000 $ - $ -
Interest Income 1,509 6,885 97 1,104
Loan Payments 10,483 83,863 2,591 23,319
Total Revenues 11,992 91,748 2,688 24,423
Expenditures
Loans - 50,000 - -
Transfer - - - 89,502
Total Expenditures - 50,000 - 89,502
******************************** **********************************************************************************
Status of Micro Loans as of September 30:
Business Current Business Current
Alltool Grant Y Pomeroy Tool Y
Roma Tool Grant Y Designing Women Y
Second Generation Y Tescom Y
Indy Lube Y Larose Y
Beaudry Y Water Laboratories Y
. R&D Sales Y E R Automall Y
Carpe Kairos LLC Y T J Properties Y
Internet 5 Y Diamond City Bread Y
Lefebvre Leasing Y
INFORMATION ONLY
STATEMENT OF FINANCIAL ACTIVITY
FOR THE ELK RIVER BUSINESS INCUBATOR
FOR THE PERIOD SEPTEMBER 30, 1997
Month to Year to
Budget Date Date
Cash Balance $ 37,637
Revenues
Rent $ 7,000 $ 473 $ 2,837
Transfer - - 89,502
Total Revenues 7,000 473 92,339
Expenditures
Lease with Private Party 14,100 1,648 9,888
Leasehold Improvements 45,700 2,434 39,603
Signage 3,000 - 2,075
Genesis Business Centers 4,500 500 3,000
Contingency 5,000 42 136
Total Expenditures 72,300 4,624 54,702
•
DOHERTY 2800 Minnesota World Trade Center With offices in:
30 East Seventh Street Minneapolis,MN,Telephone(612)340-5555,FAX(612)340-5584
RUMBLE Saint Paul,Minnesota 55101-4999 Denver,CO,Telephone(303)572-6200,FAX(303)572-6203
• Telephone(612)291-9333
FAX(612)291-9313 Washington,D.C.,(202)393-2554,FAX(202)393-3131
& BUTLER
PROFESSIONAL ASSOCIATION FED.ID.41-1385112
Attorneys at Law
Elk River Economic
Development Authority September 30, 1997
Attn: Paul Steinman Client No. 106732-102
P.O. Box 490
Elk River, MN 55330-0490
For Legal Services Rendered Through August 31, 1997 Regarding West Highway 10 Business
Park
08/01/97 Final revisions to Outline; letter to Paul Steinman.
08/08/97 Telephone conference with Paul Steinman to discuss outline.
08/12/97 Telephone conference with Paul Steinman and revise Emmrich draft Marketing
Agreement Outline.
• Total For Services $101.25
Disbursements:
08/13/97 Telefax - Paul Steinman 8/1/97 1.32
08/20/97 Copying Costs - 6 copies at $.10 per copy made .60
on 8/13/97 by 645
08/22/97 Telefax - Paul Steinman 8/13/97 1.32
Total For Disbursements $3.24
TOTAL FOR SERVICES & DISBURSEMENTS $104.49
•
PLEASE NOTE: Costs and expenses incurred but not included in this statement will be submitted to you for payment at a later date.
PAYMENT DUE UPON RECEIPT
INFORMATION ONLY
STATEMENT OF FINANCIAL ACTIVITY
FOR THE EDA,MICRO AND DTED LOAN FUNDS
O FOR THE PERIOD OCTOBER 31,1997
ECONOMIC DEVELOPMENT AUTHORITY
1997 Month to Year to
Budget Date Date
Cash Balance $ 101,479
Revenues
Property Tax $ 82,440 $ - $ 45,217
HACA 12,060 - 6,033
Refunds&Reimb. - - -
Interest Income - 354 2,274
Total Revenues 94,500 354 53,524
Expenditures 1
Personal Services 46,600 10,823 34,145
Supplies 800 407 1,101
Other Services&Charges 45,350 3,591 32,605
Transfers 1,000 - 1,000
Total Expenditures 93,750 14,821 68,851
S MICRO LOAN FUND DTED LOAN FUND
onth to Year to Month to Year to
Date Date Date Date
Cash Balance $ 277,427 $ 25,782
Revenues
Application Fees $ - $ 1,000 $ - $ -
Interest Income 1,129 8,014 105 1,209
Loan Payments 5,454 89,317 5,182 28,501
Total Revenues 6,583 98,331 5,287 29,710
Expenditures
Loans 50,000 100,000 - -
Transfer - - - 89,502
Total Expenditures 50,000 100,000 - 89,502
*********************************************************************************************************************************
Status of Micro Loans as of October 31:
Business Current Business Current
Alltool Grant Y Pomeroy Tool Y
Roma Tool Grant N Designing Women Y
Second Generation Y Tescom Y
Indy Lube Y Larose Y
Beaudry N Water Laboratories Y
R&D Sales Y E R Automall Y
Carpe Kairos LLC Y T J Properties Y
S Internet 5 Y Diamond City Bread Y
Lefebvre Leasing Y
INFORMATION ONLY
STATEMENT OF FINANCIAL ACTIVITY
FOR THE HOUSING AND REDEVELOPMENT AUTHORITY
• FOR THE PERIOD OCTOBER 31, 1997
1997 Month to Year to
Budget Date Date
Cash Balance $ 55,988
Revenues
Property Tax $ 62,400 $ - $ 34,194
HACA 5,600 - 2,804
Interest Income - 127 994
Refunds & reimb. - - 2,900
Total Revenues 68,000 127 40,892
Expenditures
Miscellaneous 500 88 6,096
Improvement Projects 30,000 - 42,569
Land 37,000 - -
Transfers 500 - 500
• Total Expenditures 68,000 88 49,165
•
INFORMATION ONLY
STATEMENT OF FINANCIAL ACTIVITY
FOR THE ELK RIVER BUSINESS INCUBATOR
• FOR THE PERIOD OCTOBER 31, 1997
Month to Year to
Budget Date Date
Cash Balance $ 33,485
Revenues
Rent $ 7,000 $ 473 $ 3,310
Transfer - - 89,502
Total Revenues 7,000 473 92,812
Expenditures
Lease with Private Party 14,100 1,648 11,536
Leasehold Improvements 45,700 2,434 42,037
Signage 3,000 - 2,075
Genesis Business Centers 4,500 500 3,500 1
Contingency 5,000 42 178
IPTotal Expenditures 72,300 4,624 59,326
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