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5. TIF 3 District (Cottage Villas) - 5. October and January 2014 EDA <br /> discussion on use of fund balance. The meetings <br /> funds need to be spent on low to <br /> moderate housing. <br /> The July EDA meeting agenda looks a little heavy. We may want to think about a special <br /> EDA meeting to discuss TIF 2 District funds and the need for a Round Lake Road West <br /> street and sanitary sewer improvement project. <br /> Recommendation: <br /> Approve the Economic Development Authority Work Flan subject to any adjustments <br /> made at tonight's meeti ng. <br />