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Mounds View EDA October 14, 2019 <br />Regular Meeting Page 2 <br /> <br />amount of $1,770 with a 0% interest rate. He indicated Carol recently passed away, having no <br />will or directive in place. For this reason, staff was recommending the loan be forgiven. <br /> <br />MOTION/SECOND: Gunn/Hull. To Waive the Reading and Adopt Resolution 19-EDA-330, <br />Approving Forgiveness of a Loan Issued Under the Emergency Deferred Loan Program. <br /> <br /> Ayes – 5 Nays – 0 Motion carried. <br /> <br />7. REPORTS <br /> <br />None. <br /> <br />8. NEXT EDA MEETING: Monday, November 12, 2019 <br /> <br />9. ADJOURNMENT <br /> <br />President Mueller adjourned the meeting at 6:23 p.m. <br /> <br />Respectfully submitted, <br /> <br /> <br />Recorded and transcribed by: <br />Heidi Guenther <br />TimeSaver Off Site Secretarial, Inc.