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Mounds View EDA March 26, 2007 <br />Regular Meeting Page 3 <br /> <br />Commissioner Mueller thanked Staff and said that it is exactly what she was looking for. 86 <br /> 87 <br />Mayor Marty said that this is capped at $10,000 to a maximum of $50,000 at 2% interest and that 88 <br />should be encouraged. 89 <br /> 90 <br />Commissioner Flaherty suggested using the wording “possibly as low as 2%.” 91 <br /> 92 <br />MOTION/SECOND: Stigney/Hull. To Postpone the Meeting Until After the Council Meeting. 93 <br /> 94 <br /> Ayes – 5 Nays – 0 Motion carried. 95 <br /> 96 <br />The EDA will continue review of the Resource Guide. 97 <br /> 98 <br />8. REPORTS 99 <br /> 100 <br />Postponed. 101 <br /> 102 <br />9. NEXT EDA MEETING: Monday, April 9, 2007 at 6:30 p.m. 103 <br /> 104 <br />10. ADJOURNMENT 105 <br /> 106 <br />President Marty adjourned the meeting at xxxx p.m. 107 <br /> 108 <br />Respectfully submitted, 109 <br /> 110 <br /> 111 <br />Recorded and transcribed by: 112 <br />Joan Lenzmeier, Recording Secretary 113 <br />TimeSaver Off Site Secretarial, Inc. 114 <br /> 115