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EDA MINUTES JUNE 25, 2007 <br />DRAFT <br />48 obligation bonds being issued for the Lake Drive Interchange Project. In addition to pledging the <br />49 revenue, the agreement sets forth the method of payment. <br />50 <br />51 EDA Member O'Donnell moved to approve Resolution No. 07 -03, as presented. EDA Member <br />52 Reinert seconded the motion. Motion carried unanimously. Stoltz and Bergeson were absent. <br />53 <br />54 ADJOURNMENT <br />55 <br />56 There being no further business, EDA Member Reinert moved to adjourn. EDA Member <br />57 O'Donnell seconded the motion. Motion passed unanimously. Stoltz and Bergeson were absent. <br />58 <br />59 <br />60 Meeting adjourned at 6:25 p.m. <br />61 <br />62 <br />63 <br />64 <br />2 <br />