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Mounds View EDA November 8, 2010 <br />Regular Meeting Page 4 <br /> <br />evening had all four loans included. <br /> <br />Vice President Stigney requested that four resolutions be brought back to the EDA for approval <br />with revisions made as suggested this evening. <br /> <br />Commissioner Mueller agreed with this recommendation. Executive Director Ericson felt this <br />was excessive but could be completed by Staff. <br /> <br />President Flaherty indicated he had no problem with four resolutions coming back before the <br />EDA as this would allow several of the loans to proceed while the other details could then be <br />reviewed further. Economic Development Specialist Steinmetz explained she would bring these <br />resolutions back to the EDA in November. <br /> <br />Economic Development Specialist Steinmetz indicated the EDA could do away with the loan <br />program criteria and keep the existing programs in place. <br /> <br />President Flaherty felt the EDA was in favor of a home improvement loan program, but several <br />issues still needed to be discussed further before proceeding. <br /> <br />President Flaherty requested Staff revise the loan criteria based on the comments provided this <br />evening and allow the EDA to make a decision at the next meeting. <br /> <br />8. REPORTS <br /> <br />None. <br /> <br />9. NEXT EDA MEETING: Monday, November 29, 2010, at 6:30 p.m. <br /> <br />10. ADJOURNMENT <br /> <br />President Flaherty adjourned the meeting at 7:15 p.m. <br /> <br />Respectfully submitted, <br /> <br /> <br />Recorded and transcribed by: <br />Carla Wirth <br />TimeSaver Off Site Secretarial, Inc.