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Economic Dev. Mgr/Assistant City Administrator Brama thought it comes down to if the EDA <br /> has a willingness to accept this. He thought there was a policy question in front of the EDA <br /> whether or not they support a subsidy. He asked if the EDA generally accepted the concept of <br /> working with these companies on a subsidy. <br /> Chairperson Steffen thought personally he would be willing to work with the companies on a <br /> subsidy. <br /> Member Skaff agreed. <br /> Member Hardin asked Member Williams if she was requesting the Board go into a closed <br /> session to discuss these things. <br /> Member Williams indicated she was requesting a closed session which would help her to better <br /> understand what the other EDA members are thinking. <br /> Member Hardin agreed and did not think it would hurt. <br /> Motion by Member Williams, seconded by Member Hardin, to adjourn to a closed session at <br /> 8:29 a.m. <br /> Motion carried. Voting Yes: Chairperson Steffen, Members Williams, Hardin, Skaff, and Riley. <br /> Voting No: None. Absent: Commissioners Brunt and Burandt. <br /> The EDA entered into a closed session at 8:29 a.m. <br /> The Regular EDA meeting reconvened at 8:41 a.m. <br /> Economic Dev. Mgr/Assistant City Administrator Brama recapped what the EDA was looking <br /> for from the project. <br /> Motion by Member Skaff, seconded by Member Hardin, to recommend the City Council review <br /> the subsidy agreement and bring it back for further discussion at the EDA's October meeting for <br /> approval. <br /> Motion carried. Voting Yes: Chairperson Steffen, Members Skaff, Hardin, Riley and Williams. <br /> Voting No: None. Absent: Commissioners Brunt and Burandt. <br /> 4.02: Receive Update on Strategic Plan Initiative—Corridor Improvement Program <br /> Community Development Director Gladhill presented the staff report. <br /> Member Riley stated the reason this came to the EDA is that one of the ideas is moving from the <br /> simple compliance, like code enforcement, to hopefully pushing businesses to be better than that. <br /> He thought if they were going to ask the businesses to be better than minimum then there should <br /> be some incentive. Discussion came around on the EDA revolving loan fund. He thought this <br /> Economic Development Authority/September 1, 2016 <br /> Page 4 of 6 <br />