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mommimmlimimmmmmommmnmnimmmi r V� Minutes of the Economic Development Commission City of Mounds View illRamsey County, Minnesota Regular Meeting D , ;A ,.9 r"'� August 22, 1996 Q i i i ' . ,} City of Mounds View, Council Chambers ; _. 2401 Highway 10, Mounds View, MN 55112 1. Call to Order: The meeting was called to order at 6:09 p.m. by Chairperson, Dan Nelson. 2. Roll Call: Members present were as follows: Cindy Carlson, Rosemary Goff, Dan Nelson, Brian Sjoberg. Ron Schmidt is on leave of absence. Members Delane Welsch and Bev Terhark and EDA Liaison Sue Hankner and Alternate Liaison Gary Quick were absent. Economic Development Coordinator Cathy Bennett was present. . 3. Approval Of Minutes: Motion/Second: Goff/Sjoberg moved approval of Minutes of May 30, 1996 Meeting. 4 . Motion Carried 4 ayes 0 nays 4. Special Business Coordinator Bennett noted that the EDC loan committee, comprised of at least 4 members (Dan Nelson, Cindy Carlson, Bev Tarhark and Rosemary Goff), met to discuss a loan request from Mounds View Fina located on County Road I. Member Carlson explained that the committee reviewed the application and financial information to make sure the request fit into the goals of the program. The loan will be used to enhance the gas station operation. The loan committee recommended the approval of the loan which was formally approved by the EDA on August 12, 1996. 5. A. Discussion of EDC's Advisory Responsibilities and Procedures for Communication Between the EDC and EDA Coordinator Bennett explained that EDC members were able to attend other EDC meetings over the past month to evaluate how communication and discussion flowed between the advisory group and EDA/Council's. Coordinator Bennett explained that she attended the Coon Rapids EDC where discussion focused on the distribution of CDBG funds that are allocated to the City. IIThe EDC makes recommendations to the EDA where they are formally approved. 1