Laserfiche WebLink
MINUTES <br /> ECONOMIC DEVELOPMENT COMMITTEE <br /> SEPTEMBER 21,2010 <br /> MEMBERS PRESENT: Cindy Rieck, Ed Larsen, Tommy Woog, Patrick Smith, and <br /> Mark Jurchen <br /> ALSO PRESENT: Sandy Peine, City Clerk; Dawn Bittner, Zoning <br /> Administrator; and Ruth Ann Hansen, Chamber of <br /> Commerce; John Gunstad, BLADC; Sheila Haverkamp, <br /> BLADC; Paul Steinman, Springsted <br /> 1. Call Meeting to Order <br /> The meeting was called to order by Chair Larsen at 8:00 a.m. <br /> 2. Approval of Minutes <br /> MOTION BY PATRICK SMITH TO APPROVE THE 8/17/10 EDC MINUTES. <br /> SECONDED BY MARK JURCHEN. MOTION CARRIED 5-0. <br /> 3. Business Subsidy Policy <br /> Sheila Haverkamp reviewed the statutory requirements for a business subsidy plan. She <br /> noted that a plan must have a public purpose, project qualifications, and meet a set of <br /> criteria. <br /> Points of Discussion <br /> 1. Do not be specific regarding whether the subsidy is tax increment or <br /> abatement, but define business subsidy as an array of tools to use. <br /> 2. The City itself can use tax abatement for infrastructure. <br /> 3. Should the policy be more generic when considering a project so that the <br /> project and subsidy can be determined on a case by case basis, or should the <br /> policy be more specific?The purpose of the policy is to determine what we <br /> need or are lacking in Pequot Lakes. <br /> 4. Tommy Woog would like to use the tools to maximize existing infrastructure. <br /> Caution—Don't make the policy so restrictive that it would prevent the City <br /> from providing assistance to a project the City may want to consider. <br /> 5. Suggested having a map identifying infrastructure and indicating what state <br /> the infrastructure is in. <br />