02-25-2009 EDAAUpdated: 19 February 2009
EDA Board Meeting
Main Conference Room — City Center
12 PM Wednesday February 25th, 2009
AGENDA
I. Call to Order
II. Approve Agenda / Introductions
III. Review Meeting Minutes
A. January 28 h Board of Directors
B. January 21St Finance Team
IV. Review of Financial Statements — Finance Director
A. December & 2008 year -end
B. January
V. Director's Report
A. Cenex project D. Incubator feasibility
B. County EDA E. BDIA grant application
C. BR & E project F. Federal grant application
VI. Administrative Items
A. Election of officers
B. Board member pay
VII. Company Prospects (update)
VIII. Industrial Park Infrastructure
A. Scope
B. Project financing
IX. Sale of Industrial Park Property to Warrior Mfg. — 8.6 acres
X. Cenex CO -OP Site Redevelopment
XI. EDA Annual Report — Draft Report
XII. Loan Subordination for Citizens Bank — Main Street Pizza
XII I. Disposition of Allied Mechanical Loan
XIV. Grant & Loan Applications — Melissa
Downtown Loan Program
Richard Peterson — 116 Main Street South $8,300 @ 3.25% for 15 yrs.
Julie Elder— 18 Main Street South $18,563.26
XV.
Other Business
XVI.
Chamber Update
XVII.
Set Next Meeting — March 25th
XVIII.
Adjourn