HomeMy WebLinkAbout09/14/1995 • ECONOMIC DEVELOPMENT AUTHORITY
City of Apple Valley
Dakota County, Minnesota
September 14, 1995
Minutes of the special meeting of the Economic Development Authority of Apple
Valley, Dakota County, Minnesota, held September 14th, 1995, at 7:30 o'clock
a.m., at Apple Valley City Hall.
PRESENT: President Branning; Commissioners Edgeton, Erickson, and Severson.
ABSENT: Commissioners Goodwin, Humphrey and Sterling.
Staff members present were: Executive Director Gretz, Secretary Mueller, City
Attorney Sheldon, Administrative Intern Grawe, and Community Development Director
Kelley.
President Branning called the meeting to order at 7:35 a.m.
MOTION: of Edgeton, seconded by Erickson, approving the minutes of JUNE 29, 1995
the special meeting of June 29th, 1995, as written. Ayes - MINUTES
4 - Nays - 0.
MOTION: of Severson, seconded by Edgeton, adopting Resolution No. RES. EDA -95 -6
EDA -95 -6 approving a Subordination Agreement with Signal SHERVOSS CO.
• Bank, Inc., related to the Development Assistance Agreement SUBORDINATION
and financing by Shervoss Company for development of Lot 1, AGREEMENT
Block 1, Apple Valley Commercial Addition, and authorizing
the President and Secretary to sign the same. Ayes - 4 -
Nays - 0.
MOTION: of Erickson, seconded by Severson, to adjourn. Ayes - 4 - Nays - 0.
The meeting was adjourned at 7:38 o'clock a.m.
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