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Mounds View EDA May 8, 2017 <br />Regular Meeting Page 3 <br /> <br />administrative fee. Executive Director Ericson reported the City would be keeping a 10% <br />administrative fee. <br /> <br />President Mueller questioned what the proposed value of the project would be after it was built. <br />Business Development Coordinator Beeman stated he was uncertain given the fact land values <br />and construction costs were yet to be determined. <br /> <br /> Ayes – 5 Nays – 0 Motion carried. <br /> <br />8. REPORTS <br /> <br />None. <br /> <br />9. NEXT EDA MEETING: Monday, May 22, 2017 <br /> <br />10. ADJOURNMENT <br /> <br />President Mueller adjourned the meeting at 9:49 p.m. <br /> <br />Respectfully submitted, <br /> <br /> <br />Recorded and transcribed by: <br />Heidi Guenther <br />TimeSaver Off Site Secretarial, Inc.