Agenda - Council - 02/13/2001 - Laserfiche WebLink

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Mayor Gamec called the regular City Council meeting back to order at 7:59 p.m. Councdmember ....... Z~mmerman inquired as to how optimistic staff was that the ten new-jg~s will be created in the next two years. Economic Development Consultant Mulrooney replied that the company~iit';~ co~i~g to that number and if they do not achieve that goal then the assistance they f~e has to be ~aid Councilmember Zi~e~an inquired if the CiW has resear~efl.~Seth~'Or not other business have complied with their co~itments. City Administrator No.an replied that the recently. ~r~'TIF Speci~ki}~. has begun to review that info~ation and will be putting a repo~ together.'f:'.:;:':'t:'~":~}(?.~?:~-': ~'' Councilmember Zi~ennan requested that the CiW Council re'~~ ~-copy of the repo~ when it is completed. Councilmember ~derson stated t~t.~he ~derstands that the State h '~fied a mi~mum wage that must be paid for jobs wgen TIF ~si~t~ce is used. Economic Development Consultant ~rooney rep~e~-~h~¢:the~TState has not mandated a minimum wage requirement, but as a g~mey would:I~ke t;'~e~a, j0b in the $10.00 to $12.00 Councilmember ~d~oninquired if the $10~00 wage is out of sync with the economy. Economic':D~elopment Cohs~ltant Mulroone~:;~ that is somet~ng the City Council may want to:~hhder. He expl~ed that the wage-~'~hds on the ~pe of industw that the CiW may be neg6tiatlng with and r~Uested direction ffo~ Council as to what Wpe of industw they would like to see com~ginto:~'Ci~.~:'-:.5'-)) :/:- ._~.¢:~(~C[~ Administrator Nonnan suggested adding that topic to the EDA Agenda. Motion b'~:&ayor Game~;se~ded by Councilmember Kur~, to authorize a business subsidy a~eement ~M~ Pheolb.F~tening Systems, and execution of a development a~eement, contingent up~nTreview by the City Attorney. Motion c~ed~.;~.Voting Yes: Mayor Gamec, Councilmembers Kurak, ~derson, Hendfiksen, -'"(:}[:~.~:._-and~__ Zi~em~J~ Voting No: None. ca~e ~4: /' Pubic Hearing to Consider Execution of Bus.ess Subsidy Agreement with ~.'>-.-- ~CON Construction Company -106- City Council/January 23, 2001 Page 12 of 30 I I I I I I I I I I I I ! I