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10-09-1990 EDA MIN . . " MEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER PUBLIC LIBRARY MONDAY. OCTOBER 9. 1989 MEMBERS PRESENT: Chairman Tralle. Commissioners Dobel. Holmgren and Kropuenske MEMBERS ABSENT: Commissioner Schuldt STAFF PRESENT: Pat Klaers. City Administrator; Tim Keane. City Attorney Chairman Tralle indicated that Executive Director Patrick Klaers has called a special meeting of the EDA in order to adopt Tax Increment Financing Plan 16. Chairman Tralle further indicated that the Press was present for this meeting. The meeting of the Elk River Economic Development Authority was called to order at 9:05 p.m. by Chairman Tralle. Tim Keane. City Attorney. indicated that the Tax Increment Financing Plan 16 was originally submitted to the EDA at its September 11. 1989 meeting. Tim Keane further indicated that the plan has been forwarded to the County and School District for their comments. He further proceeded to read the resolution in its entirety. COMMISSIONER DOBEL MOVED TO ADOPT RESOLUTION 89-4. A RESOLUTION OF THE ECONOMIC DEVELOPMENT AUTHORITY APPROVING THE FINDINGS OF CONDITIONS FOR THE CREATION OF TAX INCREMENT FINANCING DISTRICT 16 AS A REDEVELOPMENT DISTRICT. COMMISSIONER KROPUENSKE SECONDED THE MOTION. THE MOTION CARRIED 4-0. There being no further business. COMMISSIONER KROPUENSKE MOVED TO ADJOURN THE EDA MEETING. COMMISSIONER DOBEL SECONDED THE MOTION. THE MOTION CARRIED 4-0. The meeting of the Elk River Economic Development Authority adjourned at 9:15 p.m. Respectfully submitted ~c~ City Clerk