MEETING OF THE
ECONOMIC DEVELOPMENT LOAN FUND (EDLF) LOAN COMMITTEE
Thursday, August 14, 2025
1:00 p.m.
To access and participate in the meeting please visit: https://us02web.zoom.us/j/81410909421?pwd=a24h8nVIvAFwoxNotEOs7RpL1cQpw3.1
Passcode: 428807
Agenda
1.
Roll Call - Chair
2.
Approval of the minutes - Chair
A.
Review and Approval of April 10, 2025, EDLF Minutes
EDLF Committee members will review April 10, 2025, minutes and consider for approval.
3.
DED Staff Announcements
A.
Business Development Director will provide Staff Announcements
4.
Open Meeting Training
A.
7-minute video training
B.
Questions to be answered by Sara Montoya
5.
Business Items
A.
Review and Recommendation for Rich's Burgers N Grub - Minerva Jimenez
1.
Loan Overview and Discussion
B.
20-minute break
C.
Discussion and Vote on Loan Applications
6.
Final Discussion
7.
Adjournment - Chair
STANDING ITEM
Tentative Closed Session - The Loan Committee will consider a motion to enter into Closed Session. A closed meeting described under Section 52-4-205 may be held for specific purposes including, but not limited to:
1.
Nonpublic personal financial information; or a nonpublic trade secret, as defined in Section 13-24-2, or nonpublic business financial information the disclosure of which would reasonably be expected to result in unfair competitive injury to the person submitting the information;
2.
Loan Committee requires advice from legal counsel.
Notice of Special Accommodations (ADA)
This is an accessible facility. People with disabilities may make requests for reasonable accommodation, which may include alternate formats, interpreters, and other auxiliary aids and services. Please make requests at least two business days in advance. To make a request, please contact the Office of Economic Development at 801-535-7200, or relay service 711
Notice of Electronic or Telephone Participation
To access and participate in the meeting please visit: https://us02web.zoom.us/j/81410909421?pwd=a24h8nVIvAFwoxNotEOs7RpL1cQpw3.1
Passcode: 428807