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E(DNOMIC DEVELOPMNT COMPANY <br /> CITY OF RAMSEY <br /> ANOKA COUNTY <br /> STATE OF MINNESOTA <br /> <br />A meeting of the Ramsey Economic Development Cc~pany was held on Wednesday, <br />June 26, 1985 at the Ramsey Municipal Center, 15153 Nowthen Blvd. N.W., Ramsey, <br />Minnesota. <br /> <br />Members Present: <br /> <br />Mr. Don Greenberg, President <br />Mr. Ken Wa~ner <br />Mr. Bernie Vevea <br />Mr. Glen Hardin <br />Mr. Bob Muller <br />Mr. Darryl Fults <br />Mr. Bill Miller <br /> <br />Also Present: City Planner Anne Norris <br /> <br />CADL TO ORDER <br /> <br />Mr. Greenberg called the meeting to order at 7:40 a.m. <br /> <br />COMPANY~BUSINESS <br /> <br />Discussion Regarding Plan For Sale Of Stocg In ~o~pany: <br /> <br />Ms. Norris stated that the stock was registered at $50/share; that can be <br />changed. <br /> <br />Discussion ensued regarding the stock selling price; lower prices will involve <br />more people and higher prices would attract those persons seriously considering <br />becoming active m~mbers of the Company. <br /> <br />Motion by Mr. Muller and seconded by Mr. Miller to set a selling price of <br />$25.00/share for Economic Development Company stock. <br /> <br />Motion carried. Voting Yes: Mr. Greenberg, Mr. Hardin, Mr. Muller, Mr. Fults, <br />Mr. Miller, Mr. Wagner and Mr. Vevea. Voting No: None. <br /> <br />Case $2: Discussion Regarding Letterhead For ~o_mpany: <br /> <br />Company consensus was to prepare an article for the September publication of <br />the Tri-City Newsletter regarding the Ramsey Economic Develo~ent Company and <br />it's stock sale. <br /> <br />Mr. Hardin read letters that he drafted regarding the Ramsey Economic <br />Development Company and it's stock sale. <br /> <br />Motion by Mr. Fults and seconded by Mr. Vevea that the letters drafted by Mr. <br />Hardin be forwarded to the following groups: <br /> June 26, 1985 <br /> <br />Page 1 of 2 <br /> <br /> <br />