HomeMy WebLinkAbout2000/06/19 - ADMIN - Minutes - Economic Development Authority - RegularAUh CITYOF
ST. LOUIS
PARK
OFFICIAL MINUTES
ECONOMIC DEVELOPMENT AUTHORITY
ST. LOUIS PARK, MINNESOTA
June 19, 2000
1. Call to Order
President Young called the meeting to order at 7:25 p.m.
2. Roll Call
)
The following Commissioners were present at roll call: Jim Brimeyer, Jeff Jacobs, Susan
Sanger, Sue Santa, and President Robert Young.
Also present were the Executive Director (Mr. Meyer); Economic Development Coordinator
(Mr. Kleve) Finance Director (Ms. McGann); and Recording Secretary (Ms. Olson).
3. Approval of Minutes
3a. Approval of Economic Development Authority minutes of June 5, 2000
meeting
The minutes were approved as presented.
4. Approval of Agenda
4a. Approval of agenda of June 19, 2000 meeting
It was moved by Commissioner Jacobs, seconded by Commissioner Brimeyer, to approve the
agenda. The motion passed 5-0.
5. Reports
Sa. Economic Development Authority Financial Report
It was moved by Commissioner Sanger, seconded by Commissioner Santa, to accept the report
for filing. The motion passed 5-0.
Sb. Vendor Claim Report
It was moved by Commissioner Jacobs, seconded by Commissioner Santa, to accept the report
for filing. The motion passed 5-0.
6. Old Business - None
7. New Business
EDA Minutes -2- June 19, 2000
7a. Approval of Right to Cure and Subordination Agreement-Park Land
Company
Mr. Kleve, Economic Development Coordinator presented a staff report.
It was moved by Commi ssioner Sanger, seconded by Commi ssioner Brimeyer, to approve the
right to cure and subordination agreement between the St. Louis Park Economic Development
Authority and Beacon Bank. The motion passed 4-0-1. Commi ssioner Jacobs abstained.
8. Communications and Bills - None
9. Adjournment
It was moved by Commissioner Jacobs, seconded by Commissioner Santa, to adjourn the
meeting at 7:30 p.m. The motion passed 5-0.
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