3.1. EDSR CHECK REGISTER 06-09-1997 RC FINANCIAL SYSTEM CITY OF ELK RIVER
:'16/97 10:28 Check Register GL540R-VO4.40 PAGE
• Ai;K VENDOR CHECK# DATE AMOUNT
:A BANK OF ELK RIVER #020407
016240 HICKMAN/LARRY 1331 05/19/97 3,296.00
010140 ATIT 1335 05/19/97 9.14
.09104 AM PROMOTIONS\MIDWEST 1336 05/19/97 156.00
013500 DEHN OIL CO 1337 05/19/97 25.56
013670 DOHERTY, RUMBLE & BUTLER 1338 05/19/97 1,434.91
013725 DON'S BAKERY 1339 05/19/97 4.80
013915 EDWARDS-PLANT/CINDI 1340 05/19/97 188.63
014360 ELK RIVER PRINTING 1341 05/19/97 65.37
020575 MN REAL ESTATE JOURNAL 1342 05/19/97 300.00
021486 NORSTAN COMMUNICATIONS I 1343 05/19/97 137.50
022658 RELIABLE 1344 05/19/97 23.75
025595 WEDELL/GRETA 1345 05/19/97 630.00
BANK CF ELK RIVER #020407 6,271.66 ***
ERC FINANCIAL SYSTEM CITY OF ELK RIVER
05/30/97 09:39 Check Register GL540R-VO4.40 PAGE 2
• BANK VENDOR CHECK# DATE AMOUNT
EDA BANK OF ELK RIVER #020407
025390 VOID CHECKS 1332 05/31/97 0.00
025390 VOID CHECKS 1333 05/31/97 0.00
025390 VOID CHECKS 1334 05/31/97 0.00
022225 POSTMASTER 1346 05/31/97 68.88
014115 ELK RIVER ECONOMIC 36780 05/31/97 472.80
BANK OF ELK RIVER #020407 541.68 ***
BRC FINANCIAL SYSTEM CITY OF ELK RIVER
05/30/97 09:40 Check Register GL540R-VO4.40 PAGE 4
BANK VENDOR CHECK# DATE AMOUNT
EDA BANK OF ELK RIVER #020407
010142 A T & T WIRELESS SERVICE 1347 06/02/97 26.43
013005 CORPORATE REPORT MN 1348 06/02/97 692.75
015565 GENESIS BUSINESS CENTERS 1349 06/02/97 500.00
• 016240 HICKMAN/LARRY 1350 06/02/97 1,648.00
022970 ' S & T OFFICE PRODUCTS IN 1351 06/02/97 8.19
023085 SAM'S CLUB DIRECT 1352 06/02/97 6.56
025595 WEDELL/GRETA 1353 06/02/97 1,352.00
BANK OF ELK RIVER #020407 4,233.93 ***
INFORMATION ONLY
STATEMENT OF FINANCIAL ACTIVITY
•
FOR THE ELK RIVER BUSINESS INCUBATOR
FOR THE PERIOD MAY 31, 1997
Month to Year to
Budget Date Date
Revenues
Rent 10,000 473 946
Total Revenues 10,000 473 946
Expenditures
Lease with Private Party 50,502 3,296 3,296
Leasehold Improvements 25,000 - 25,000
Signage 3,000 2,075 2,075
Genesis Business Centers 6,000 500 1,000
Contingency 5,000 - -
Total Expenditures 89,502 5,871 31,371
• Balance(Deficiency) (79,502) (5,398) (30,425)
•
INFORMATION ONLY
STATEMENT OF FINANCIAL ACTIVITY
FOR THE EDA, MICRO AND DTED LOAN FUNDS
FOR THE PERIOD MAY 31, 1997
•
ECONOMIC DEVELOPMENT AUTHORITY
1997 Month to Year to
Budget Date Date
Cash Balance $ 62,730
Revenues
Property Tax 82,440 - -
HACA 12,060 - -
Refunds&Reimb. - - -
Interest Income - 203 947
Total Revenues 94,500 203 947
Expenditures
Personal Services 46,600 2,027 10,919
Supplies 800 138 413
Other Services&Charges 45,350 3,577 13,266
Transfers 1,000 - -
Total Expenditures 93,750 5,742 24,598
IDMICRO LOAN FUND DTED LOAN FUND
Month to Year to Month to Year to
Date Date Date Date
Cash Balance $ 275,639 $101,974
Revenues
Application Fees - 500 - -
Interest Income 774 2,130 286 853
Loan Payments 8,207 43,913 5,182 15,546
Total Revenues 8,981 46,543 5,468 16,399
Expenditures
Loans 50,000 50,000 - -
Legal Services - - - -
Total Expenditures 50,000 50,000 - -
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Status of Micro Loans as of May 31:
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
III R&D Sales Y E R Automall Y
Carpe Kairos LLC Y T J Properties Y
Internet 5 Y Diamond City Bread Y