MINUTES OF THE HILLS ECONOMIC DEVELOPMENT AUTHORITYJANUARY 10, 2005Ross Metzger, President of the Hills EDA called the meeting to order at 7:30 P.M. Board members present: Ross Metzger, Keith Elbers, Jim Jellema, and Linus Svoboda. Board members absent: Dana Dahlquist. Employee present: Connie Wiertzema, EDA Secretary. Guest: Lexi Moore, Reporter-Hills Crescent. Motion by Elbers, seconded by Svoboda to approve the minutes of December 14th. Motion carried.Motion by Jellema, seconded by Elbers to approve payment of the December expenditures. Motion carried. The Board approved to replace the furnace in apartment #506, due to problems with the heat exchanger. The company will allow a price break toward the replacement of a new furnace for $650. Motion by Jellema, seconded by Elbers to hire Jerry Hoff to replace the carpet and install vinyl in apartment #500 for $3,000. Motion carried. The Board reviewed information, provided by the City’s auditors, which summarized the status of TIF receipts from 1990 through 2003 for a total $33,744, The outstanding TIF payments of $2,891 will be received through 2005, which will complete the payments from the Endeavor and Zarmbinski TIF projects.Motion by Jellema, seconded by Elbers to adjourn.Connie J. WiertzemaSecretary(1-20)