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Mounds View City Economic Development Authority July 23, 2001 <br />Regular Meeting Page 3 <br /> <br /> <br />Commissioner Thomas questioned whether the new compressed ratios would be used, while <br />taking into effect the variation of the interest that would occur from less principal. She stated <br />this will change numbers dramatically with the lost principal, so she felt this was worth it. <br />Coordinator Parrish confirmed this. <br /> <br />MOTION/SECOND: Thomas/Marty. To Authorize the Cash Flow Analysis. <br /> <br />Commissioner Thomas withdrew her motion; stating this is direction to Staff and a motion is not <br />necessary. Commissioner Marty withdrew his second. <br /> <br />9. ADJOURNMENT <br /> <br />President Sonterre adjourned the meeting at 9:17 p.m. <br /> <br />Transcribed and recorded by: <br />Christine Moksnes <br />Timesaver Off Site Secretarial, Inc.