MINUTES OF THE HILLS ECONOMIC DEVELOPMENT AUTHORITYJULY 13, 2004Dana Dahlquist, President of the Hills EDA called the meeting to order at 7:55 P.M. Board present: Dana Dahlquist, Jim Jellema, Linus Svoboda, and Keith Elbers. Employees present; Joanne Goehle, EDA Treasurer, and Connie Wiertzema, EDA Secretary. Arlen Leenderts resigned effective June 30, 2004, by written resignation hand delivered by Arlen Leenderts to the City Clerk/EDA & Condo Secretary following the meetings on June 8, 2004. Motion by Jellema, seconded by Svoboda to approve of the minutes of June 8th. Motion carried.Motion by Elbers, seconded by Svoboda to approve payment of the June expenditures, to include payment to Eisma & Eisma in the amount of $2,192.25 regarding the formation of the condo association. Motion carried.Payment in the amount of $10,904.39 was received from Mike Kerkhove and Amy Brandt from the sale of Lot 1, Block 1, Park View Third Addition. From those proceeds, a Southern Hills Apartment CD ($10,661.76) will be purchased to replace money borrowed to the EDA for the purchase of lots from United Enterprises in June of 2003. Motion by Jellema, seconded by Elbers to adjourn at 8:00 P.M./s/ Connie J. WiertzemaConnie J. WiertzemaSecretary(7-29)