Print VersionStay Informed
MINUTES/GROWTH FUND AUTHORITY
Monday, November 1, 1999 - 7:15 p.m._____

The city council of the city of Grand Forks sitting as the Growth Fund Authority met at the council chambers at City Hall on Monday, November 1, 1999 at the hour of 7:15 p.m. with Vice Chairman Glassheim presiding. Present at roll call were Council Members Brooks, Lucke, Hamerlik, Bouley, Glassheim, Lunak, Klave, Beyer, Babinchak, Bakken, Hafner, Martinson, Mayor Owens - 13; absent: Council Members Polovitz, Carpenter - 2.

CONSIDER MATTER OF ARCHITECTURAL PROPERTIES
AGREEMENTS

Vice Chairman Glassheim reported that the item on the agenda was the approval of the sale of properties on South 3rd Street to Architectural Properties. The city auditor read the recommend-ation from the Growth Fund Subcommittee to approve the Purchase Agreement and authorize proper officials to sign.

It was moved by Council Member Hafner and seconded by Council Member Bakken that this recommendation be and is hereby approved.

Gary Christensen, Urban Development, reported that packets that were distributed included copies of the purchase agreement, construction loan agreement and these encompassed all of the points that were included in a presentation several months ago and were approved in concept with instructions for us to come back and put these agreements together for final approval, and asked for approval.

Upon call for the question and upon roll call vote the following voted “aye”: Council Members
Brooks, Lucke, Hamerlik, Bouley, Glassheim, Klave, Beyer, Babinchak, Bakken, Hafner, Martinson, Mayor Owens - 12; voting “nay”: Council Member Lunak - 1. Vice President Glassheim declared the motion carried.

ADJOURN

It wave moved by Council Member Hamerlik and seconded by Council Member Martinson that we do now adjourn. Carried 13 votes affirmative.

Respectfully submitted,



John M. Schmisek
City Auditor