10-26-2021 JFC MINOf
ver Elk River Joint Finance Committee
Held at Elk River City Hall
Tuesday, October 26, 2021
Members Present: Ryan Hardin, Rhonda Magnussen (7:38 am), Dan Tveite, Chad Vitzthum
(7:36 am), Nate Ovall, and Larry Toth
Members Absent: Charlie Blesener
Staff Present: Colleen Eddy, Economic Development Specialist and Brent O'Neil,
Economic Development Director
Others Present: Jim Gromberg and Mikaela Huot, Baker Tilly
I. Call Meeting to Order
Pursuant to due call and notice thereof, the meeting of the Elk River Joint Finance
Committee was called to order by Chair Tveite at 7:34 a.m.
2. Consider Agenda
Motion by Toth and seconded by Hardin to approve the Joint Finance Committee
agenda. Motion carried 5-0.
3. Consent Agenda
Motion by Hardin and seconded by Ovall to approve the May 13, 2021, Joint Finance
Committee meeting minutes. Motion carried 5-0.
4.1 joint Finance Committee Appointment
Ms. Eddy presented the staff report.
Motion by Vitzthum and seconded by Blesener, to recommend approval of the F&M
Properties LLC two-year microloan extension request. Motion carried 6-0.
5.1 Announcements
Ms. Eddy stated there are still two empty at -large positions open on this' committee.
6. Adjournment
There being no further business, Mr. Tveite adjourned the meeting at 7:36 a.m.
NEI nut s re d by Colleen Eddy.
r
Tina Allard
City Clerk
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Cal Portner
EDA Executive Director