Minutes - Council - 03/08/2011 - Laserfiche WebLink

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was the only opposing vote at the EDA meeting, and he will still oppose. He stated the City is considering a subsidy for two competing interests. He said he thought there was a conflict of interest between the Boards. Councilmember Tossey stated he is prepared to approve the loan. He commented he agreed with Councilmember McGlone in that there are two Commissions competing. He added he is not willing to allow taxpayers to subsidize a project that will be competing. Mr. Kuker, with PSD, put his plan in front of the Council first, and Councilmember Tossey said he would support this project. Deputy City Administrator Nelson explained the Flaherty space is for 3,000 square feet of retail space. There is no formal agreement in place to indicate a restaurant will be included in that project. Discussion took place regarding the history of the Flaherty Collins project. Councilmember Backous noted the City has the first position on $165,000 worth of equipment on this project. There is no collateral on the other potential project. Councilmember McGlone went on record noting the total value of the project is over $800,000 and he didn't think this $55,000 would make or break the project. He added the subsidy stays with the building owner if it fails and he felt the City was working against itself. Councilmember Elvig pointed out the EDA has a mission to bring jobs into the City with a formula. The City has already helped to fund one restaurant, which means it is competing against itself with any other restaurant. However, this would bring jobs. He asked that the EDA consider putting a policy in place in their next discussion. Motion carried. Voting Yes: Acting Mayor Wise, Councilmembers Jeffrey, Elvig, Backous, and Tossey. Voting No: Councilmember McGlone. Absent: Mayor Ramsey. 7.02: Receive Economic Development Authority Recommendation in Regard to Name of Azurite Street in the Sunfish Lake Business Park Senior Planner Gladhill reviewed the staff report. Acting Mayor Wise stated he attended the meeting where this was discussed. He said he did not find anything that would support the position that changing the name of the street would change response time for police and fire. Motion by Councilmember Backous, seconded by Councilmember Elvig, to make no change to the segment of Azurite Street in the Sunfish Lake Business Park Motion carried. Voting Yes: Acting Mayor Wise, Councilmembers Backous, Elvig, Jeffrey, McGlone, and Tossey. Voting No: None. Absent: Mayor Ramsey. 7.03: Consider Design Revisions for City Project 11 -21; Intersection Signalization at Armstrong and Bunker Lake Boulevards, and Associated Infrastructure Improvements to Serve the Legacy Christian Academy Development Public Works Director Olson reviewed the staff report. Acting Mayor Wise asked if there is a way to do this on a smaller scale. City Council / March 8, 2011 Page 5 of 10