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9.0. EDSR 04-08-1996 Ak ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY Item 9. MEMORANDUM TO: Economic Development Authority FROM: Pat Klaers, Executiv I ct r DATE: April 8, 1996 SUBJECT: Tax Increment Financing Request by Jerry McChesney (McChesney Cabinets) At this time, no formal written request for TIF assistance has been received from Jerry McChesney. The EDA should be familiar with the proposed project'as this issue is anticipated to be discussed in a worksession prior to the 6 p.m. EDA meeting. • Staff needs to receive direction from the EDA on how to proceed with this proposed development project. s:\eda\meetings\mcches.doc a 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