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EDC Minutes <br /> January 15, 2016 <br /> Page 8of8 <br /> Helgemoe asked about the Zep building. Beeman said that Zep Manufacturing was a <br /> public company that was recently bought out by a private equity firm who has moved the <br /> Mounds View operations to Chicago. Mid-West Medical Supply has purchased their <br /> existing building and has also inquired about purchasing the Zep building. However, the <br /> owners of the Zep building are only interested in leasing at this time. In the meantime <br /> Mid-West Medical is looking for a 25,000 SF building somewhere near Mounds View to <br /> buy. They are also looking to place a new sign in front of their property. Beeman said it <br /> is amazing how many companies in Mounds View are tied to Medtronic either directly or <br /> indirectly. Beeman said this helps Mounds View because it creates jobs and fills local <br /> buildings. <br /> 8. NEXT REGULAR EDC MEETING <br /> Chair Helgemoe asked about the upcoming EDC meeting. Beeman informed the <br /> Commission that the next meeting will consist of the Oath of Office for Gary Stevenson <br /> and reviewing the 2016 EDC priorities & annual bylaws. Helgemoe mentioned that we <br /> should make note to address Commissioner Dahlstrom's suggestion to review the <br /> financial policies on a regular basis as one of the EDC goals. <br /> 9. ADJOURN <br /> There being no further business, Chair Helgemoe adjourned the January 15, 2016, <br /> meeting at 8:30 a.m. <br /> Respectfully submitted, <br /> 9Y& --- <br /> Brian Beeman <br /> Business Development Coordinator <br />