HomeMy WebLinkAbout1990/07/02 - ADMIN - Minutes - Economic Development Authority - RegularMICROFILMED
MIN UTES
ECONOMIC DEVELOPMENT AUTHORITY
ST. LOUIS PARK, MINNESOTA
July 2, 1990
1. Call to order
The meeting was called to order by Vice-president Friedman at 7:15 p.m.
2. Rol 1 call
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The following commissioners were present at roll call: George Haun, Lyle
Hanks, Jane Tschida and Allen Friedman.
Also present were the Executive Director and City Attorney.
3. Approval of minutes
It was moved by Commissioner Hanks, seconded by Commissioner Haun, to approve
the minutes of the June 18 and June 27, 1990 meetings. The motion passed
4-0.
4. Approval of agenda
It was moved by Commissioner Haun, seconded by Commissioner Tschida, to
approve the agenda for July 2, 1990. The motion passed unanimously.
5. Reports
None.
6. Unfinished business
a. Redevelopment Resource Reduction Scenario - Draft #1
The Executive Director explained the scenario basically was projections on
possible use of the bond issue that the ED A approved in the Spring and which
would need to be converted to permanent financing by the end of September
1990.
b. Resolution assisting EDA in protecting its properties
Resolution EDA 90-6
It was moved by Commissioner Haun, seconded by Commissioner Tschida, to
adopt Resolution EDA 90-6 entitled "Resolution protecting· the EDA1s undeveloped
real property." The motion passed 4-0.
7. New business
None.
8. Communications and bills
a. June 30, 1990 financial statement. By consensus, ordered filed.
b . C 1 a i m s
It w a s m o v e d b y C o m m i s s i o n e r H a u n , s e c o n d e d b y C o m m i s s i o n e r H a u n , t o a p p r o v e
a n d a u t h o r i z e p a y m e n t . T h e m o t i o n p a s s e d 4 -0 .
9 . A d j o u r n m e n t
It w a s m o v e d b y C o m m i s s i o n e r
a d j o u r n t h e m e e t i n g a t 7:27 p.m.
Hanks, seconded by Commissioner Tschida, to ever";
Vice pre!(:f;/!ft~ '
Executive Director
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