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Chairperson Riley questioned whether or not the EDA could agree on a definition of a sit -down <br />restaurant in order to establish a restaurant subsidy policy. <br />Discussion ensued regarding the different types of restaurants. <br />Member Steffen pointed out that the City of Champlin is paying 70% of SAC/WAC fees as part of <br />their restaurant assistance fund. The City of Ramsey has always paid 100% of both fees when <br />offering assistance. He questions whether we will be able to change our stance now. <br />Member Look added that it should be determined how many restaurants we want, and how many <br />we want to subsidize. <br />Deputy City Administrator /Community Development Director Nelson stated that these are all items <br />that will be defined in the creation of a restaurant subsidy policy. Staff will write a draft policy and <br />will bring it to the EDA meeting in December for further discussion. <br />MEMBER INPUT <br />None <br />ADJOURNMENT <br />Motion by Member Steffen, seconded by Member Skaff, to adjourn the meeting. <br />Motion carried. Voting Yes: Chairperson Riley, Members Skaff, Steffen, and Look. Voting No: <br />None. Absent: Members LeToumeau, Williams, and Elvig. <br />The regular meeting of the Economic Development Authority adjourned at 9:22 a.m. <br />Respectfully submitted, <br />Heidi Nelson <br />Deputy City Administrator /Community Development Director <br />ATTEST: <br />Amy Dietl <br />Deputy City Clerk <br />Economic Development Authority /October 14, 2010 <br />Page 3 of 3 <br />3 <br />