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City Council Minutes <br />January 4, 2011 <br />Page 12 of 13 <br />----------------------------- <br />MOTION. MOTION CARRIED 4-1. COUNCIL MEMBER AKERSON <br />OPPOSED. <br />11.6. Insurance Aqent of Record <br />COUNCIL MEMBER RYAN MOVED TO CONTINUE SERVICES WITH <br />LAKELAND INSURANCE AS THE CITY'S INSURANCE AGENT OF <br />RECORD FOR 2011. COUNCIL MEMBER MALECHA SECONDED THE <br />MOTION. MOTION CARRIED 5-0. <br />11.7. Business Subsidv Plan Review <br />The Clerk noted that during the past several months the EDC has been <br />working toward amending the City's existing Business Subsidy Policy. The <br />proposed policy has been reviewed by the EDC, the Planning <br />Commission, BLADC, Springsted, and Briggs and Morgan. <br />--� <br />She stated that the City must hold a public hearing prior to adopting the <br />policy. This draft is being presented to the Council for review prior to <br />calling for a public hearing to adopt the policy. <br />--� <br />The Clerk explained that in the proposed policy the JOBZ and the <br />business subsidy policies have been separated. She further noted that the <br />subsidy amounts that would apply to the policies have been increased to <br />$150,000 which is dictated by statute. <br />COUNCIL MEMBER SJOBLAD MOVED TO CALL A PUBLIC HEARING <br />ON FEBRUARY 1, 2011, AT 6 P.M. TO HEAR COMMENTS ON THE <br />BUSINESS SUBSIDY POLICY. COUNCIL MEMBER MALECHA <br />SECONDED THE MOTION. <br />Council Member Ryan stated that he would like to see a provision in the <br />policy that requires all business development agreements to be reviewed <br />by the Council. <br />MOTION CARRIED 5-0. <br />11.8. Ordinance Amendments Relatinq to Doqs <br />The Clerk requested to table this item until the Attorney can review the <br />administrative fine penalties and incorporate them into the ordinance. <br />Council Member Ryan questioned the need for the ordinance. He � <br />suggested that the license be valid for three years rather than one year. <br />