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09-26-1996
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09-26-1996
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MV EDC
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Minutes
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commission would reconsider the loan package if there was the addition of a guarantor who has <br />adequate Financial strength and would pledge additional collateral in the amount of at least <br />$10,000. <br />Motion Carried 4 ayes 0 nays 1 abstain <br />D. Discussion of Sample Tax Increment Financing Application and Review of Guidelines <br />for the Analysis of the Sample Application <br />Motion/Second: Schmidt/Sjoberg moved to table this item due to time constraints. <br />Motion Carried 5 ayes 0 nays <br />Reports From Chair, Commissioners and Staff: <br />Commissioner Schmidt mentioned that he had talked with the Owner of Win Insurance Agency <br />located on the corner of Silver Lake Road and Highway 10 and that he was actively trying to <br />market his property. Coordinator Bennett mentioned that she received a call from him and <br />updated him on the proposed study of this area of Highway 10. <br />Chairperson Nelson noted that the next meeting would be on October 24, 1996 at 7:30 a.m. <br />instead of 6:00 p.m. <br />Adjournment <br />There being no further business before the Commission, this meeting of the Econom c Development <br />Conan scion adjourned at 8:50 a.m. <br />Respectfully Submitted, <br />WA <br />Econom c Deve pment Coordinator <br />
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