10.0. EDSR 10-09-1995 ITEM 10 .
Elk River EDA Annual Meeting Page 3
January 9, 1995
6.c. Official Newspaper
IIICOMMISSIONER DUITSMAN MOVED TO DESIGNATE THE ELK RIVER STAR NEWS
AS THE EDA'S OFFICIAL NEWSPAPER FOR 1995. COMMISSIONER HOLMGREN
SECONDED THE MOTION. THE MOTION CARRIED 7-0.
6.d. Official Depositories
COMMISSIONER SCHEEL MOVED TO DESIGNATE THE FOLLOWING BANKS AS
THE OFFICIAL DEPOSITORIES FOR THE EDA FUNDS IN 1995:
THE BANK OF ELK RIVER
FIRST NATIONAL BANK OF ELK RIVER
METROPOLITAN FEDERAL BANK(ELK RIVER)
NORWEST BANK
FIRST BANKS
MARQUETTE BANK
COMMISSIONER DWYER SECONDED THE MOTION. THE MOTION CARRIED 7-
V. O.
..
Consider Committee Appointments/Assignments
The Executive Director provided the EDA with a roster of the existing
Committees which include the Finance Committee; Marketing
Committee; and R&D Committee. Bill Rubin indicated that past practice
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has been to reappoint the same persons on these Committees assuming
that the members desire to remain and serve in an as-needed basis.
Commissioner Scheel suggested that it may be advisable to seek new
members to these Committees as there are new people in the community
who would have much to offer.
COMMISSIONER DWYER MOVED TO APPOINT THE EXISTING MEMBERS TO THE
FINANCE COMMITTEE, MARKETING COMMITTEE AND R&D COMMITTEE FOR
1995. COMMISSIONER DUITSMAN SECONDED THE MOTION. THE MOTION
CARRIED 7-0.
Commissioner Dwyer suggested that the City advertise for members for
these committees prior to 1996.
6.f. Bylaw and Enabling Resolution
It was the consensus of the EDA that no changes be made to the EDA
Bylaws or the Enabling Resolution.
7. Addendum to Tescom TIF Agreement
The Executive Director stated that the Commissioners had previously authorized
the preparation of an addendum to the Contract for Private Agreement by and
between the EDA and Tescom Corporation. Bill Rubin provided the addendum to
IIthe Contract for Private Development for EDA consideration.