3.1. JFC DRAFT MINUTES 07-31-2018
Meeting of the Elk River Joint Finance Committee
Held at Elk River City Hall
Tuesday, June 26, 2018
Members Present: Larry Toth, Ryan Hardin, Jim Gromberg, Bryan Provo, Rhonda Magnussen
Members Absent: Nate Ovall, Chad Vitzthum, Michelle Eder, Dan Tveite
Staff Present: Amanda Othoudt, Economic Development
Others Present: Jeff Orluck, Orluck Industries, Inc.
1. Call Meeting to Order
Pursuant to due call and notice thereof, the meeting of the Elk River Joint Finance
Committee was called to order at 7:40 a.m.
2. Consider Agenda
Motion by Gromberg and seconded by Hardin to approve the June 26, 2018, Joint
Finance Committee agenda.
Motion carried 5-0.
3. Consent Agenda
Motion by Gromberg and seconded by Provo to approve the June 26, 2018 Joint
Finance Committee consent agenda:
3.1. January 30, 2018 Joint Finance Committee meeting minutes.
3.2. Revolving Loan Fund Balance report.
Motion carried 5-0.
4.1 Jobs Incentive Microloan Application for Orluck Industries, Inc.
Ms. Othoudt presented the staff report. Members discussed various aspects of the
application.
Motion by Provo and seconded by Magnussen to recommend approval of the Jobs
Incentive Microloan Application for Orluck Industries, Inc. as outlined in the staff
report.
Motion carried 5-0 all in favor.
5.1 Announcements
There were no announcements.
6. Adjournment
There being no further business, Mr. Gromberg adjourned the meeting at 8:27 a.m.
Minutes prepared by Amanda Othoudt.
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Tina Allard
City Clerk
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Amanda Othoudt
Economic Development Director