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EDA Page Two <br /> Regular Meeting June 13 , 1994 <br /> EDA BUSINESS <br /> A. Consideration of Resolution No. 94-EDA8 Approving Joint Cooperative <br /> Agreement Between North Metro Business Retention and Development <br /> Commission and City of Mounds View; Authorizing the EDA's President <br /> and Executive Director to Sign, As Amended <br /> Cathy Bennett, Economic Development Coordinator, reported that <br /> the North Metro Business Retention and Development Commission (RDC) <br /> is an organization by which the parties may jointly and <br /> cooperatively provide for the data collection and analysis, <br /> development of strategic recommendations and implementation of <br /> marketing and promotional programs for the purpose of economic <br /> development job creation and retention of existing businesses. <br /> Bennett reported that members of the Commission are the cities of <br /> Brooklyn Park, Blaine, Brooklyn Center and New Hope. New Brighton <br /> is also expected to join the Commission. Bennett explained that the <br /> City of Mounds View is scheduled to be approved by the RDC board at <br /> the June meeting and passage of the aforementioned resolution will, <br /> once approved, will serve as the official application. <br /> Councilmember Trude asked if Cathy Bennett would be the City's <br /> . designee on the Board. Orduno confirmed that she would be the <br /> designee. <br /> Cathy Bennett asked that Resolution No. 94-EDA8 be amended by <br /> changing the ATTEST: from Mayor to President. <br /> MOTION/SECOND: Blanchard/Trude to Adopt Resolution No. EDA8 <br /> Approving Joint Cooperative Agreement Between North Metro Business <br /> Retention and Development Commission and City of Mounds View; <br /> Authorizing the EDA's President and Executive Director to Sign, As <br /> Amended <br /> VOTE: 5 ayes 0 nays Motion Carried <br /> B. Consideration of EDA Resolution No. 94-EDA9 Approving the <br /> Application of the State of Minnesota Economic Recovery Grant to <br /> Provide a Loan for the Expansion of Wolf and Associates <br /> Cathy Bennett, Economic Development Coordinator, explained that <br /> Wolff and Associates, a local Mounds View business, is considering <br /> expansion and reconfiguration of their current facilty. Wolf and <br /> Associates is a national material handling systems company for pulp <br /> and paper, power generation, minimizing and resource recovery <br /> industries. Bennett further explained that Wolf and Associates are <br /> in need of additional financing assistance to proceed with the <br /> • expansion. Bennett reported that Mounds View has an opportunity to <br /> apply for an economic recovery grant through the State Department of <br /> Trade and Economic Development. Resolution No. 94-EDA9 will serve <br />