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Hills EDA meets April 8

MINUTES OF THE HILLSECONOMIC DEVELOPMENT AUTHORITYAPRIL 8, 2003Dana Dahlquist, President of the Hills EDA called the meeting to order at 7:35 P.M. Board present: Dana Dahlquist, Jim Jellema, Keith Elbers, Arlen Leenderts, and Linus Svoboda. Employee present: Connie Wiertzema, EDA Secretary and Joanne Goehle, EDA Treasurer. Guest present: Jolene Farley-Hills Crescent. Motion by Leenderts, seconded by Jellema to approve of the March 10th minutes. Motion carried.Motion by Jellema, seconded by Svoboda to approve payment of the March expenditures. Motion carried. The Board continued discussion regarding the sale of lots for new housing in Park View 4th Addition. Motion by Jellema, seconded by Svoboda to include a time limit of one year to begin construction. Motion by Jellema, seconded by Leenderts to allow contractors to purchase lots for constructing spec homes, but that only the homeowner is eligible for the 10 year refund benefit. No limitations on the number of lots sold to a purchaser. Motion by Leenderts, seconded by Jellema that the 6% commission fee will be implemented into the purchase price. Elbers abstained. All motions carried. Motion by Jellema, seconded by Elbers to continue the request for a $500 apartment security deposit; but to discontinue the $70 city utility deposit for Southern Hills Apartment tenants. Motion carried. Motion by Jellema, seconded by Elbers to adjourn at 7:50 P.M.Connie J. WiertzemaEDA Secretary(4-

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