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UNAPPROVED <br /> 1 EDA Page Fo r <br /> 2 Meeting No. 6 August 8, <br /> 3 <br /> 4 <br /> 5 Commissioner Trude stated that the attorney should draft something <br /> 6 that says they should begin construction as soon as possible. <br /> 7 <br /> 8 Cathy Bennett stated that she would converse with the <br /> 9 attorney for a clause which encourages MSP to finish <br /> 10 construction in an expedient manner as originally planned. <br /> 11 <br /> 12 Commissioner Quick stated that the project should not be jeopardized <br /> 13 over this requested change. It took the City and EDA a long time to <br /> 14 find someone to develop the project. Quick stated that the problems <br /> 15 being made are just the bureaucracy that has to be dealt with at the <br /> 16 state level. <br /> 17 <br /> 18 MOTION/SECOND: Quick/Linke to Adopt Resolution No. 94-EDA13 <br /> 19 Approving and Authorizing the Execution of a Revised Development <br /> 20 Assistance Agreement with MSP Real Estate, Regarding Silver Lake <br /> 21 Pointe Apartments <br /> 22 <br /> 23 VOTE: 4 ayes 1 nay Motion Carried <br /> 24 <br /> 25 REPORTS <br /> 26 <br /> 27 1. Report of President Linke: No report. • <br /> 28 <br /> 29 2 . Report of Vice President Blanchard: Vice President Blanchard <br /> 30 reaffirmed that Commissioner Trude has valid points about rushing <br /> 31 things through with regards to Development Agreements <br /> 32 <br /> 33 3 . Report of Secretary Wuori: No report. <br /> 34 <br /> 35 4 . a. Report of Commissioner Quick: No report. <br /> 36 <br /> 37 b. Report of Commissioner Trude: No report. <br /> 38 <br /> 39 5 . Report of Executive Director Orduno: Not in attendance. <br /> 40 <br /> 41 6. Report of Treasurer Brager: Not in attendance. <br /> 42 <br /> 43 7 . Report of Attorney: No report. <br /> 44 <br /> 45 ADJOURNMENT <br /> 46 <br /> 47 There being no further business before this Council, President Linke <br /> 48 adjourned the meeting at 7 : 58 p.m. <br /> 49 <br /> 50 <br /> 51 Respectfully submitted, <br /> 52 <br /> 53 Michele Severson 1111 <br /> 54 Clerk <br />