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Mounds View EDA June 14, 2004 <br />Regular Meeting Page 4 <br /> <br />Commissioner Stigney asked if the City Attorney had reviewed the resolution and supporting 130 <br />documents. 131 <br /> 132 <br />Economic Development Coordinator Backman stated that he has and approved of them. 133 <br /> 134 <br />Commissioner Marty asked if all of the staff and city costs are built into the $299,000 listed in 135 <br />1.06. 136 <br /> 137 <br />Economic Development Coordinator Backman stated that they were. 138 <br /> 139 <br />Commissioner Marty asked if the developer pays for all the attorneys’ fees to create and/or 140 <br />manage the agreement listed in 13.0, closing costs. 141 <br /> 142 <br />Economic Development Coordinator Backman answered yes. 143 <br /> 144 <br />Commissioner Marty asked what 17.3, Item D meant. 145 <br /> 146 <br />Economic Development Coordinator Backman stated it meant they couldn’t sell until after 147 <br />closing. 148 <br /> 149 <br />Commissioner Marty stated he thought items 17.4(a) and 19.14 were excellent. 150 <br /> 151 <br />MOTION/SECOND: Marty/Stigney. To Approve Resolution 04-EDA-182 Approving and 152 <br />Authorizing a Purchase and Redevelopment Agreement by and Between the Mounds View 153 <br />Economic Development Authority and Pro Craft Development. 154 <br /> 155 <br /> Ayes – 5 Nays – 0 Motion carried. 156 <br /> 157 <br />7. REPORTS 158 <br /> 159 <br /> None. 160 <br /> 161 <br />8. NEXT EDA MEETING: June 28, 2004 (Following Council Meeting) 162 <br /> 163 <br />9. ADJOURNMENT 164 <br /> 165 <br />President Linke adjourned the meeting at 6:57 p.m. 166 <br /> 167 <br />Respectfully submitted, 168 <br /> 169 <br />Recorded and transcribed by: 170 <br /> 171