HomeMy WebLinkAbout05.08.86 EDC MinutesMINUTES
ECONOMIC DEVELOPMENT COMMISSION
MAY 8, 1986
1. Chairperson Riste called the meeting to order at 7:04 P.M.
Members Present: Hansen, Mayer, Meyer, Riste, Sprute.
Members Absent: None.
Also Present: Wayne Henneke - City Finance Director, Robert Williamson -
EDC Director.
2. Motion by Sprute, second by Meyer to approve the minutes of the April 10,
1986 meeting as corrected. APIF, motion carried.
3. The board members discussed the recently completed process of evaluating
the performance of the EDC Director. All agreed that the process was both
successful and useful. Motion by Sprute, second by Mayer to accept the
evaluation as a permanent record. APIF, motion carried.
4. City of Farmington Finance Director Wayne Henneke presented a suggested
outline for an EDC Budget which included a recommendation to secure from each
contributor to the EDC Budget a 50% deposit of their annual contribution.
Mr. Henneke agreed to complete an accurate estimate of the overhead reim-
bursement contribution due the City and report back next month.
5. Board members discussed the Labor Survey Project. Items addressed were:
1) How and to whom to mail the questionnaire; 2) Printing costs; and
3) Sampling problems and techniques.
6. The Director briefed the board members on the Fine Signs Project. Progress
has been made on site selection, design configuration, and MnDOT approval.
7. The Bumper Sticker Project is proceeding apace. 1000 stickers have been
ordered. 500 of each design will be purchased for .46 - .48G apiece.
8. LaDonna Riste presented a list of 2 year goals for consideration at the
next meeting.
9. The Director discussed various development projects and noted that because
of uncertainty over the continuation of Tax Increment Financing, the rate of
development will be accelerated this year.
10. Motion by Mayer, second by Meyer to adjourn. APIF, motion carried,
meeting adjourned at 8:55 P.M.
spec lly submitted,
A
Robert F. Williamson
AA// FW/
EDC Director
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