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Mr. Mulrooney replied that every year the plan becomes more complex as an effort by the <br />Legislature to create higher salaried jobs. The effort in the future will be to simplify TIF, not <br />eliminate it. <br /> <br />Mayor Gamec inquired if the wording regarding small developers as stated by Councilmember <br />Zimmerman could be added to the Business Subsidy Policy or if it should be brought back. <br /> <br />City Attorney Goodrich replied that he would need to discuss with Councilmember Zimmerman <br />further what he would like included in the policy. He noted that the policy could be amended <br />with a public hearing. <br /> <br />Councilmember Connolly stated that she would like "living wage" included. <br /> <br />City Attorney Goodrich explained that historically the City has required a minimum of $10.00 <br />per hour, exclusive of benefits. <br /> <br />Councilmember Connolly stated that she would like a clarification of wages. <br /> <br />Mr. Mulrooney explained that the policy would depend on the type of industry. If the City gets <br />into issues of "living wages" it might cause more difficulties. <br /> <br />Motion by Councilmember Anderson, seconded by Councilmember Connolly, to adopt the <br />Business Subsidy Policy. <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmembers Anderson, Connolly, Hendriksen, <br />and Zimmennan. Voting No: None. <br /> <br />Case #3: In-Tech Development Business Subsidy Agreement Ratification <br /> <br />Mayor Gamec closed the regular portion of the City Council meeting at 7:35 p.m. in order to <br />conduct a public hearing. <br /> <br />Public Hearing <br /> <br />Mayor Gamec called the public hearing to order at 7:35. <br /> <br />Presentation <br /> <br />City Attorney Goodrich stated that the City Council entered into a certain agreement with <br />Tech Development on May 11, 1999. The Council action was contingent upon final review by <br />the City Attorney. Many changes took place over the summer months during the completion of <br />the development business subsidy agreement. The Council is asked to ratify the final details of <br />the agreement prior to its execution. In-Tech Development is a company which currently <br /> <br />4/O <br /> <br />City Council/September 28, 1999 <br /> Page 6 of 30 <br /> <br /> <br />