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EDA approves subordination, documents conversion and minutes in unanimous votes
Summary
The EDA unanimously approved minutes, a lien subordination for Bee Balm, conversion of rebate and revitalization forms to fillable PDFs, and other routine actions at its Dec. 4 meeting.
The Harmony Economic Development Authority approved several unanimous motions at its Dec. 4 meeting, including approval of prior meeting minutes, a lien subordination in support of a downtown revitalization refinancing, and converting application materials to fillable PDFs to improve accessibility.
Minutes: The board approved the Nov. meeting minutes on a motion by Keith McIntosh, seconded by Kerry Kingsley; the motion carried unanimously with no discussion.
Bee Balm subordination: Following refinancing by Bee Balm, the board approved a Downtown Revitalization Grant Subordination placing the refinancer bank in first lien position. Greg Schieber moved the subordination and Keith McIntosh seconded; the motion passed unanimously. The transcript notes the City Council will separately approve the Small Cities Block Grant Subordination.
Application forms conversion: The board approved converting home rebate and downtown revitalization guidelines and applications into fillable PDFs to address legibility issues on handwritten forms. Greg Schieber moved the change and Kyle Scheevel seconded; the motion carried unanimously.
All motions recorded in the meeting passed unanimously; no recorded dissent or abstentions were reported.
