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<br />. <br /> <br />TO: Economic Development Commissionmembers <br /> <br />FROM: City Staff <br /> <br />RE: Commission Business <br /> <br />ENCL: (DZ-a) Letter from Mr. Ralph McGinley regarding new Jederallaw that was enacted <br />regarding IRB's <br />(DZ-b) Letter of resignation from Mrs. Astrid Guy <br /> <br />CASE #1: SUBCOMMITTEE REPORTS: <br /> <br />The Chairpersons of the following subcommittees will give their reports on <br />committee activities: <br /> <br />a) Legislative Subcommittee <br />b) Economic Subcommittee <br />c) Finance Subcommittee <br /> <br />. CASE #Z: PRINTING AND MARKETING OF STOCK: <br /> <br />. <br /> <br />At your July meeting, it was stated that the Economic Subcommittee is to give <br />a report on this issue. <br /> <br />CASE #3: REPORT ON LEGISLATION PERTAINING TO IRB'S: <br /> <br />Enclosure (DZ-a) contains a letter from Mr. Ralph McGinley, Vice President of <br />Dougherty, Dawkins, Strand and Yost Investment Bankers, regarding new Federal <br />law that was enacted pertaining to IRB's. His letter also lists cities that have <br />authorization to issue certain dollar amounts of IRB's. You will note that Ramsey <br />is not on that list. We will have to go through the State pool for any IRB's issued <br />in the City of Ramsey. <br /> <br />CASE #4: ADMINISTRATOR'S REPORT: <br /> <br />The City Administrator will give a short verbal report at the meeting. <br /> <br />CASE #5: ACCEPTANCE OF RESIGNATION OF MRS. ASTRID GUY: <br /> <br />Enclosure (DZ-b) contains Mrs. Guy's letter of resignation and a clipping she furnished <br />to the Commission for informational purposes. <br /> <br />CommissionAction: A motion will be required accepting Mrs. Guy's resignation. <br />