Housing and Redevelopment Authority Packet - May 4, 2026
Housing and Redevelopment
Authority
Regular Meeting
&
Closed Meeting
Agenda
Monday, May 4, 2026
5:30 PM
Elk River City Hall
▪ Regular meeting in Council Chambers
▪ Closed meeting in Mill Pond Conference Room immediately following regular meeting
1. CALL MEETING TO ORDER
2. PLEDGE OF ALLEGIANCE
3. CONSIDER AGENDA
4. CONSENT AGENDA
Considered to be routine and noncontroversial and will be approved by one motion. There will be no separate discussion of
these items unless there is a request to remove the item from the consent agenda to the regular agenda.
4.1 DRAFT Minutes - April 6, 2026
4.2 Check Register
4.3 Balance Sheet
4.4 Revenue/Expenditure Reports
5. OPEN FORUM
An opportunity to provide comments and feedback regarding items not on the agenda. Information provided in Open Forum
will not be discussed at this meeting; rather, the information will be referred to staff and/or scheduled for discussion at a
future meeting.
6. GENERAL BUSINESS
Items in which the information is presented by city staff or consultants, then deliberation and action occur. General Business
items are not opportunities to receive or provide public input. However, the presiding officer may, at its sole discretion,
solicit public feedback.
6.1 SAHA - Main Street Family Services Allocation Update
6.2 Housing Rehabilitation Loan Program Update
7. OPEN DISCUSSION
This section is reserved for the board and staff to discuss relevant topics, updates, and other non-action items of the board.
8. MOTION TO ADJOURN REGULAR MEETING
9. CLOSED MEETING
Page 1 of 27
The Elk River Vision
A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community
engagement that encourages and inspires prosperity
9.1 Statement to be read by the Chair:
"The Housing and Redevelopment Authority will be holding a closed meeting per MN Statute
13D.05, subd. 3(c)(3) to develop or consider offers or counteroffers for the purchase or sale of
real property. The properties being discussed are within The Village of Elk River plat:
▪ PID 75-00405-1110, 365 Jackson Ave NW
▪ PID 75-00405-1115, unaddressed
▪ PID 75-00405-1120, 616 Railroad Dr NW
▪ PID 75-00405-1125, 611 4th St
▪ PID 75-00405-1135, 612 Railroad Dr NW
▪ PID 75-00405-1140, 331 Irving Ave NW
▪ PID 75-00405-1145, 315 Irving Ave NW
▪ PID 75-00405-1150, 600 Railroad Dr NW
▪ PID 75-00405-1155, 618 Railroad Dr NW
9.2 Motion Calling Closed Meeting
9.3 Hold Closed Meeting
9.4 Motion to Adjourn Closed Meeting
Page 2 of 27
Meeting of the Housing and
Redevelopment Authority
Held at the Elk River City Hall
Monday, April 6, 2026
Members Present: Commissioner Nate Ovall, Commissioner Lynn Caswell, Commissioner Mel
Beaudry, Mayor John Dietz, Commissioner Dave Klutch
Members Absent: None.
Staff Present: Economic Development Director Brent O'Neil, Economic Development Specialist
Joshua Mollan, and Recording Secretary Katie Porath
1. CALL MEETING TO ORDER
Pursuant to due call and notice thereof, the meeting was called to order at 5:30 p.m.
2. PLEDGE OF ALLEGIANCE
The Pledge of Allegiance was recited.
3. CONSIDER AGENDA
Moved by Commissioner Caswell and seconded by Commissioner Beaudry to approve the
agenda. Motion carried 5-0.
4. CONSENT AGENDA
Moved by Commissioner Dietz and seconded by Commissioner Klutch to approve the
following consent items as outlined in their respective staff reports. Motion carried 5-0.
4.1 DRAFT Minutes - March 2, 2026
4.2 Check Register
4.3 Balance Sheet
4.4 Revenue/Expenditure Reports
5. OPEN FORUM
No one appeared for open forum.
6. GENERAL BUSINESS
Page 3 of 27
Housing and Redevelopment Authority Minutes
April 6, 2026
---------
Page 2 of 4
6.1 Downtown Winter Light Pole Fixtures
Mr. Mollan presented the staff report. He continued the discussion of the winter light pole fixtures cost
share with the Downtown Elk River Business Association (DERBA) from the March HRA meeting. Since
the last meeting, DERBA has negotiated a price reduction in the total cost as well as received a $500
anonymous sponsor donation toward the project.
The proposed city contribution would now total $5,932. At the last meeting, the proposed city
contribution was closer to $8,000.
Commissioner Dietz stated he was not in favor of a pattern where the downtown area asks the city for
financial contributions. He asked if there could be a policy where costs would be split 50/50 on
everything.
Moved by Commissioner Caswell and seconded by Commissioner Beaudry to approve a
$5,932 contribution toward downtown light pole fixtures in partnership with the
Downtown Elk River Business Association (DERBA). Motion carried 5-0.
6.2 Housing Rehabilitation Loan Program Update
Mr. Mollan presented the staff report. No new loans have been issued since last month. In addition,
based on work session discussion from the March 2026 meeting, staff is not proposing any changes to
the Housing Rehabilitation Loan Program at this time.
Mr. Mollan also stated that the city will be placing an ad in the upcoming home improvement section of
the Star News.
7. OPEN DISCUSSION
Mr. O'Neil stated that the city continues to work with the Habitat for Humanity. Independent School
District #728 has been moving forward with a space to assemble Habitat for Humanity homes and
move them onto a lot.
Commissioner Beaudry asked if a piece of land has been secured for use by Habitat for Humanity. Mr.
O'Neil stated not at this time. He added that the city has shared 8-10 potential sites and Habitat for
Humanity has asked about an additional 3-4 sites but have not yet chosen a location for the house. Mr.
Beaudry asked if the preference was for city sewer and water. Mr. O'Neil stated it was not mandatory
but preferred.
Mr. O'Neil added that staff met with developers who are interested in bringing a modular-style
development to Elk River. Mr. O'Neil will share more information on this development with the HRA
members.
Mr. O'Neil informed the HRA that the City Council has passed a one-year moratorium on all multi-
family housing developments.
8. MOTION TO ADJOURN REGULAR MEETING
Page 4 of 27
Housing and Redevelopment Authority Minutes
April 6, 2026
---------
Page 3 of 4
Moved by Commissioner Beaudry and seconded by Commissioner Klutch to adjourn the
meeting. Motion carried 5-0.
The regular meeting adjourned at 5:45 p.m. Chair Ovall called the closed meeting to order at 5:49 p.m.
9. CLOSED MEETING
9.1 Statement to be read by the Chair:
"The Housing and Redevelopment Authority will be holding a closed meeting per MN Statute
13D.05, subd. 3(c)(3) to develop or consider offers or counteroffers for the purchase or sale of
real property. The properties being discussed are within The Village of Elk River plat:
▪ PID 75-00405-1110, 365 Jackson Ave NW
▪ PID 75-00405-1115, unaddressed
▪ PID 75-00405-1155, 618 Railroad Dr NW
▪ PID 75-00405-1120, 616 Railroad Dr NW
▪ PID 75-00405-1135, 612 Railroad Dr NW
▪ PID 75-00405-1150, 600 Railroad Dr NW
HRA Members Present: Chair Nate Ovall, Commissioners Dave Klutch, Mel Beaudry,
Lynn Caswell, and John Dietz
Staff Present: Economic Development Director Brent O'Neil, Economic Development
Specialist Josh Mollan, and Recording Secretary Katie Porath
Others Present: Ryan Hardin, Hardin Companies
Chair Ovall read the following statement:
9.2 Motion Calling Closed Meeting
9.3 Hold Closed Meeting
9.4 Motion to Adjourn Closed Meeting
Commissioner Dietz left at 6:20 p.m.
Moved by Commissioner Klutch and seconded by Commissioner Beaudry to adjourn the
meeting. Motion carried 4-0.
The meeting adjourned at 6:36 p.m.
Minutes prepared by Katie Porath.
Page 5 of 27
Housing and Redevelopment Authority Minutes
April 6, 2026
---------
Page 4 of 4
_________________
Nate Ovall, Chair
___________________
Jolene Richter, Deputy City Clerk
Page 6 of 27
Page 7 of 27
Page 8 of 27
CITY OF ELK RIVER
Balance Sheet
April 30, 2026
Fund 910 - HRA
Assets
910-1000 Cash - HRA 1,672,254.31
910-1190 Loans Receivable 220,148.86
910-1193 Forgivable Loan 75,000.00
910-1194 Allow for Forgivable Loan (75,000.00)
910-1195 Note Receivable 400,000.00
910-1310 Due From Other Funds 148,310.75
Total Assets 2,440,713.92
Fund Equity
910-2400 Fund Balance 2,464,862.29
Revenues over Expenditures - YTD (24,148.37)
Total Fund Equity 2,440,713.92
Total Liabilities & Equity 2,440,713.92
Page 9 of 27
CITY OF ELK RIVER
Revenues with Comparison to Budget
For the Month Ending April 30, 2026
Fund 910 - HRA
Period Actual YTD Actual Budget Unearned PCNT
910-3-0000-3111 Property Taxes - - 469,450.00 (469,450.00) 0%
910-3-0000-3621 Interest Income 228.69 15,628.50 40,000.00 (24,371.50) 39%
Total Fund Revenue 228.69 15,628.50 509,450.00 (493,821.50) 3%
Page 10 of 27
CITY OF ELK RIVER
Expenditures with Comparison to Budget
For the Month Ending April 30, 2026
Fund 910 - HRA
Period Actual YTD Actual Budget Unearned PCNT
910-4-6100-4101 Regular Pay - 20,117.53 92,000.00 (71,882.47) 22%
910-4-6100-4103 Part-time Pay - 1,125.00 4,500.00 (3,375.00) 25%
910-4-6100-4104 PERA - 1,511.76 6,950.00 (5,438.24) 22%
910-4-6100-4105 FICA - 1,257.07 6,000.00 (4,742.93) 21%
910-4-6100-4107 Medicare - 293.72 1,400.00 (1,106.28) 21%
910-4-6100-4108 Insurance - 3,024.00 20,750.00 (17,726.00) 15%
910-4-6100-4109 Workers Comp - 174.00 450.00 (276.00) 39%
910-4-6100-4112 PFML - 96.49 500.00 (403.51) 19%
910-4-6100-4201 Office Supplies - 82.30 100.00 (17.70) 82%
910-4-6100-4304 Legal Fees - - 3,000.00 (3,000.00) 0%
910-4-6100-4319 Professional Services - - 30,000.00 (30,000.00) 0%
910-4-6100-4331 Travel, Conferences & Schools - - 1,000.00 (1,000.00) 0%
910-4-6100-4349 Advertising/Marketing - 6,228.00 9,750.00 (3,522.00) 64%
910-4-6100-4359 Publishing - - 500.00 (500.00) 0%
910-4-6100-4401 Bldg Repair/Maint Services - - 500.00 (500.00) 0%
910-4-6100-4404 Software Services - - 7,500.00 (7,500.00) 0%
910-4-6100-4409 Contractual Services - 5,867.00 27,000.00 (21,133.00) 22%
910-4-6100-4433 Dues & Subscriptions - - 2,500.00 (2,500.00) 0%
910-4-6100-4510 Land - - 200,000.00 (200,000.00) 0%
910-4-6100-4530 Improvement Project Contract - - 50,000.00 (50,000.00) 0%
910-4-6100-4721 Transfer-General Fund - - 40,550.00 (40,550.00) 0%
910-4-6100-4735 Transfer-EDA - - 4,500.00 (4,500.00) 0%
Total Fund Expenditures - 39,776.87 509,450.00 (469,673.13) 8%
Net Revenue Over Expenditures 228.69 (24,148.37) - (24,148.37) 0%
Page 11 of 27
The Elk River Vision
A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community
engagement that encourages and inspires prosperity
Request for Action
To
Housing and Redevelopment Authority
Item Number
6.1
Meeting Date
May 4, 2026
Prepared By
Joshua Mollan, Economic Development Specialist
Item Description
SAHA - Main Street Family Services Allocation
Update
Reviewed by
Brent O'Neil
Cal Portner
Action Requested
Receive an update on Main Street Family Service's Statewide Affordable Housing Aid (SAHA) allocation.
Background/Discussion
Main Street Family Services received their second $10,000 installment of Elk River's SAHA funds in February.
From February 15 to April 15, $9,567 has been deployed to assist 11 Elk River households in need of housing
support. The individual amounts ranged from $575 to $1,450 for various requests, including late rent/eviction
notices, and utility bills.
The next $10,000 installment is scheduled for issuance to Main Street Family Services in May.
Financial Impact
N/A
Mission/Policy/Goal
Provide and support suitable housing for the community.
Attachments
None
Page 12 of 27
The Elk River Vision
A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community
engagement that encourages and inspires prosperity
Request for Action
To
Housing and Redevelopment Authority
Item Number
6.2
Meeting Date
May 4, 2026
Prepared By
Joshua Mollan, Economic Development Specialist
Item Description
Housing Rehabilitation Loan Program Update
Reviewed by
Brent O'Neil
Cal Portner
Action Requested
Receive updates on the Housing Rehabilitation Loan Program.
Background/Discussion
CEE reports that all accounts are current, and the HRA's portfolio is performing as expected with no
delinquencies or late payments.
$115,000 remains available for new loan disbursements in 2026.
An ad for the program was included in the April 11 Spring Home Improvement issue of the Star News.
Financial Impact
N/A
Mission/Policy/Goal
Improve housing stock by offering incentives or programs to repair or maintain residential properties.
Attachments
1. CEE Monthly Loan Activity Summary
2. CEE Monthly Loan Servicing Report
Page 13 of 27
CEE Monthly Loan Activity Summary
5/4/26
Page 14 of 27
Data Set: April 1st, 2026
CITY OF ELK RIVER
LOAN SERVICING REPORT
March 2026
Page 15 of 27
CONTENTS
1 Invoice Report
2 Trial Balance Report (Loan Detail)
3 New Loan Count
4 Total Loan Count (Monthly Detail)
5 Trial Balance Report (Monthly Detail in USD)
6 Monthly Payment Collection Per Loan
7 Total Payment Collection in USD (Monthly Detail)
8 Total Principal Collection in USD (Monthly Detail)
9 Total Interest Collection in USD (Monthly Detail)
Page 16 of 27
POOL TOTAL COUNT OFACTIVE LOANSCOUNT OF NEWLOANSCOUNT OF ACTIVEAMORTIZING LOANSCOUNT OF ACTIVEDEFERRED LOANSCOUNT OF ACTIVEDELINQUENT LOANSCOUNT OF PAYOFFSRECEIVEDTOTAL AMOUNTRECEIVEDPRINCIPAL RECEIVEDINTEREST RECEIVEDLATE FEES ANDOTHER FEESRECEIVED3RD PARTY FEESCOLLECTEDNEW LOAN FEESDELINQUENCYMANAGEMENT FEESSATISFACTIONDRAFTING FEESSERVICING FEESTOTAL FEES TOSERVICERFUNDS TO THE CITYOF ELK RIVERHRA REHAB
Grand Total
12 0 12 0 0 0 $7,044.04 $6,324.58 $715.46 $0.00 $4.00 $0.00 $0.00 $0.00 $72.00 $76.00 $6,968.04
12 0 12 0 0 0 $7,044.04 $6,324.58 $715.46 $0.00 $4.00 $0.00 $0.00 $0.00 $72.00 $76.00 $6,968.04
CITY OF ELK RIVER
INVOICE SUMMARY
Detail for March 2026
Page 17 of 27
Source Company Loan #Address TOTAL AMOUNT
RECEIVED
PRINCIPAL
RECEIVED
INTEREST
RECEIVED
LATE FEES AND
OTHER FEES
RECEIVED
3RD PARTY FEES
COLLECTED
ELK RIVER 19-015204 1420 5TH ST NW
19-015209 609 GATES AVE NW
19-015217 1811 MAIN ST
19-016564 403 3RD ST NW
23-029012 18990 TWIN LAKES RD NW
23-029085 17931 GARY ST NW
23-029618 13366 181ST LN NW
24-032189 14270 191ST AVE NW
24-033299 17812 CONCORD CT NW
25-039214 18471 TROTT BROOK PKWY NW
25-040378 11137 167TH AVE NW
25-041322 9624 209TH AVE NW
Grand Total
$208.04 $203.81 $4.23 $0.00 $0.00
$187.63 $180.51 $7.12 $0.00 $0.00
$162.79 $122.99 $39.80 $0.00 $0.00
$3,955.43 $3,936.29 $18.14 $0.00 $1.00
$260.00 $169.25 $90.75 $0.00 $0.00
$306.00 $234.47 $71.53 $0.00 $0.00
$501.00 $446.87 $53.13 $0.00 $1.00
$142.69 $89.01 $53.68 $0.00 $0.00
$258.90 $161.52 $97.38 $0.00 $0.00
$240.66 $223.07 $17.59 $0.00 $0.00
$258.90 $153.24 $105.66 $0.00 $0.00
$562.00 $403.55 $156.45 $0.00 $2.00
$7,044.04 $6,324.58 $715.46 $0.00 $4.00
CITY OF ELK RIVER
PAYMENT BREAKDOWN PER LOAN
Detail for March 2026
Page 18 of 27
Loan #Address
2025
Q2
April May June
Q3
July August September
Q4
October November December
2026
Q1
January February March
19-015215 606 JEFFERSON LN NW
19-015204 1420 5TH ST NW
19-015209 609 GATES AVE NW
19-015217 1811 MAIN ST
19-016564 403 3RD ST NW
23-029012 18990 TWIN LAKES RD NW
23-028654 13222 179 1/2 AVE NW
23-029085 17931 GARY ST NW
23-029618 13366 181ST LN NW
24-032189 14270 191ST AVE NW
24-033299 17812 CONCORD CT NW
25-039214 18471 TROTT BROOK PKWY NW
25-040378 11137 167TH AVE NW
25-041322 9624 209TH AVE NW
Grand Total
$173.14$364.75$556.12 $0.00
$3,813.92$4,013.44$4,212.82 $3,212.56$3,413.35$3,613.72 $2,607.22$2,809.48$3,011.12 $1,997.97$2,201.78$2,404.71
$4,799.37$4,975.38$5,151.37 $4,268.51$4,445.76$4,622.59 $3,733.66$3,912.45$4,090.53 $3,194.91$3,375.42$3,554.75
$13,144.29$13,259.23$13,375.30 $12,795.48$12,911.66$13,027.42 $12,441.44$12,560.36$12,677.39 $12,082.26$12,205.25$12,323.56
$6,973.95$7,104.25$7,234.89 $6,579.64$6,711.27$6,842.45 $6,180.64$6,314.31$6,446.84 $1,977.03$5,913.32$6,047.21
$30,840.01$30,994.71$31,152.29 $30,369.34$30,525.64$30,681.40 $29,890.61$30,051.81$30,209.18 $29,403.91$29,573.16$29,732.15
$29,335.27$29,534.93$29,737.16 $28,728.96$28,930.68$29,131.71 $0.00$28,523.41
$25,106.84$25,326.80$25,548.80 $24,439.70$24,661.92$24,883.38 $23,763.18$23,990.31$24,214.05 $23,077.40$23,311.87$23,537.91
$18,126.46$18,262.42$18,700.94 $17,405.25$17,555.23$18,003.93 $16,979.30$17,119.26$17,119.26 $16,268.46$16,715.33$16,836.98
$18,153.21$18,233.95$18,316.42 $17,907.32$17,988.90$18,070.20 $17,657.01$17,741.37$17,823.51 $17,402.30$17,491.31$17,574.30
$32,939.72$33,086.22$33,235.85 $32,493.60$32,641.61$32,789.12 $32,039.44$32,192.50$32,341.53 $31,577.31$31,738.83$31,889.39
$8,151.00 $7,509.76$7,721.65$7,935.35 $6,854.30$7,081.00$7,290.49 $6,198.19$6,421.26$6,644.44
$34,715.62$34,848.50$34,848.50 $34,279.98$34,433.22$34,574.66
$34,460.29$34,863.84$35,000.00
$191,557.18$185,156.08$187,221.96 $185,710.12$187,507.67$189,601.27 $186,862.42$188,621.35$218,595.81 $211,920.01$218,244.59$220,120.06
CITY OF ELK RIVER
TRIAL BALANCE REPORT
Monthly Detail
Page 19 of 27
2025
Q2 Q3 Q4
2026
Q1
AprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruaryMarch0
6
12
Number of Active Loans11 11
12 12
11 11
12 12
11
12 12 12
CITY OF ELK RIVER
TOTAL LOAN COUNT
Monthly Detail
Page 20 of 27
2025
Q2 Q3 Q4
2026
Q1
AprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruaryMarch0
1
2
COUNT OF NEW LOANS ADDED001000100100CITY OF ELK RIVER
NEW LOAN COUNT
Monthly Detail
Page 21 of 27
2025
Q2 Q3 Q4
2026
Q1
AprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruaryMarch$0.00
$100,000.00
$200,000.00
Unpaid Principal Balance$187,221.96$185,156.08$191,557.18$189,601.27$187,507.67$185,710.12$218,595.81$188,621.35$186,862.42$220,120.06$218,244.59$211,920.01CITY OF ELK RIVER
TRIAL BALANCE
Monthly Detail in USD
Page 22 of 27
2025
Q2
April May June
Q3
July August September
Q4
October November December
2026
Q1
January February March
ELK RIVER 19-015204 1420 5TH ST NW
19-015209 609 GATES AVE NW
19-015215 606 JEFFERSON LN NW
19-015217 1811 MAIN ST
19-016564 403 3RD ST NW
23-028654 13222 179 1/2 AVE NW
23-029012 18990 TWIN LAKES RD NW
23-029085 17931 GARY ST NW
23-029618 13366 181ST LN NW
24-032189 14270 191ST AVE NW
24-033299 17812 CONCORD CT NW
25-039214 18471 TROTT BROOK PKWY NW
25-040378 11137 167TH AVE NW
25-041322 9624 209TH AVE NW
Grand Total
$208.04$208.04$208.04 $208.04$208.04$208.04 $208.04$208.04$208.04 $208.04$208.04$208.04
$187.63$187.63$187.63 $187.63$187.63$187.63 $187.63$187.63$187.63 $187.63$187.63$187.63
$192.33$192.33$192.33 $173.42
$162.79$162.79$162.79 $162.79$162.79$162.79 $162.79$162.79$162.79 $162.79$162.79$162.79
$154.43$154.43$154.43 $154.43$154.43$154.43 $154.43$154.43$154.43 $3,955.43$154.43$154.43
$300.00$300.00$300.00 $300.00$300.00$300.00 $28,639.09$300.00
$260.00$260.00$260.00 $260.00$260.00$260.00 $260.00$260.00$260.00 $260.00$260.00$260.00
$306.00$306.00$306.00 $306.00$306.00$306.00 $306.00$306.00$306.00 $306.00$306.00$306.00
$201.00$501.00$501.00 $201.00$501.00$201.00 $201.00$0.00$402.00 $501.00$178.00$201.00
$142.69$142.69$142.69 $142.69$142.69$142.69 $142.69$142.69$142.69 $142.69$142.69$142.69
$258.90$258.90$258.90 $258.90$258.90$258.90 $258.90$258.90$258.90 $258.90$258.90$258.90
$0.00 $240.66$240.66$240.66 $240.66$240.66$240.66 $240.66$240.66$240.66
$258.90$0.00$258.90 $258.90$258.90$258.90
$562.00$259.90$0.00
$2,373.81$2,673.81$2,673.81 $2,422.14$2,722.14$2,595.56 $2,381.04$30,560.23$2,882.04 $7,044.04$2,617.94$2,381.04
CITY OF ELK RIVER
PAYMENT COLLECTION PER LOAN
Monthly Detail
Page 23 of 27
2025
Q2 Q3 Q4
2026
Q1
AprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruaryMarch$20,000.00
TOTAL PAYMENTS COLLECTED$2,673.81$2,673.81$2,373.81$2,595.56$2,722.14$2,422.14$30,560.23$2,882.04$2,381.04$2,381.04$2,617.94$7,044.04CITY OF ELK RIVER
TOTAL PAYMENT COLLECTION (USD)
Monthly Detail
Page 24 of 27
2025
Q2 Q3 Q4
2026
Q1
AprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruaryMarch$20,000.00
PRINCIPAL RECEIVED$2,045.64$2,065.88$1,749.90$1,955.91$2,093.60$1,797.55$29,974.46$2,114.31$1,758.93$1,742.36$1,875.47$6,324.58CITY OF ELK RIVER
TOTAL PRINCIPAL COLLECTION (USD)
Monthly Detail
Page 25 of 27
2025
Q2 Q3 Q4
2026
Q1
AprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruaryMarch$0.00
$400.00
$800.00
INTEREST RECEIVED$627.17$606.93$622.91$638.65$627.54$623.59$765.73$582.62$621.11$637.68$740.47$715.46CITY OF ELK RIVER
TOTAL INTEREST COLLECTION(USD)
Monthly Detail
Page 26 of 27
Source
Company Loan #Address DAYS PAST DUE AMOUNT DUE
30+ DAYS
TOTAL AMOUNT
DUE
ELK RIVER 19-015204 1420 5TH ST NW
19-015209 609 GATES AVE NW
19-015217 1811 MAIN ST
19-016564 403 3RD ST NW
23-029012 18990 TWIN LAKES RD NW
23-029085 17931 GARY ST NW
23-029618 13366 181ST LN NW
24-032189 14270 191ST AVE NW
24-033299 17812 CONCORD CT NW
25-039214 18471 TROTT BROOK PKWY NW
25-040378 11137 167TH AVE NW
25-041322 9624 209TH AVE NW
Grand Total
0 $0.00 $0.00
0 $0.00 $0.00
0 $0.00 $0.00
0 $0.00 $0.00
0 $0.00 $0.00
0 $0.00 $0.00
0 $0.00 $0.00
0 $0.00 $0.00
0 $0.00 $0.00
0 $0.00 $0.00
0 $0.00 $0.00
0 $0.00 $0.00
0 $0.00 $0.00
CITY OF ELK RIVER
AGING DELINQUENCY
Detail for March 2026
Page 27 of 27