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05-13-2021 JFC MIN Special Meeting of the Elk River Joint Finance Committee Held at Elk River City Hall Thursday, May 13, 2021 Members Present: Ryan Hardin, Rhonda Magnussen, Dan Tveite, Chad Vitzhum, Charlie Blesener, and Larry Toth Members Absent: Nate Ovall Staff Present: Colleen Eddy, Economic Development Specialist Others Present: None 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 by Chair Tveite at 7:31 a.m. 2. Consider Agenda Motion by Toth and seconded by Blesenerto approve the Joint Finance Committee agenda. Motion carried 6-0. 3. Consent Agenda Motion by Vitzhum and seconded by Blesener to approve the March 30, 2021Joint Finance Committee meeting minutes. Motion carried 6-0. 4.1 Die-Concepts Microloan Extension Ms. Eddy presented the staff report. The commission discussed the application and the corresponding information. Motion by Vitzhum 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. Minutes prepared by Colleen Eddy. _____________________ Tina Allard City Clerk ___________________ Cal Portner EDA Executive Director