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NOW, THEREFORE, BE IT RESOLVED that the Economic Development Authority of the City of <br /> Mounds View hereby: <br /> • a. Approves the elimination of the current requirement that a business be <br /> Mounds View for at least two years before beingeligible for theprogram. cated in <br /> 9 <br /> b. Authorizes City staff to review and approve proposed loans in a manner consistent <br /> with guidelines to be developed regarding confidentiality of applicants' financial <br /> information, intended use of loan proceeds, and other relevant aspects of the loan <br /> application and approval process. <br /> Adopted this 27th day of July, 1998. <br /> ATTEST: <br /> President <br /> (SEAL) <br /> Executive Director <br /> • <br /> • <br />