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Motion carried. Voting Yes: Mayor Gamec, Councilmembers Zimmerman, Kurak, Anderson, <br />and Hendriksen. Voting No: None. <br /> <br />The public hearing closed at 7:59 p.m. <br /> <br />Council Business <br /> <br />Mayor Gamec called the regular City Council meeting back to order at 7:59 p.m. <br /> <br />Councilmember Zimmerman inquired as to how optimistic staff was that the ten new jobs will be <br />created in the next two years. <br /> <br />Economic Development Consultant Mulrooney replied that the company will be committing to <br />that number and if they do not achieve that goal then the assistance they receive has to be repaid <br />to the City. <br /> <br />Councilmember Zimmerman inquired if the City has researched whether or not other businesses <br />have complied with their commitments. <br /> <br />City Administrator Norman replied that the recently hired TIF Specialist has begun to review <br />that information and will be putting a report together. <br /> <br />Councilmember Zimmerman requested that the City Council receive a copy of the report when it <br />is completed. <br /> <br />Councihnember Anderson stated that she understands that the State has specified a minimum <br />wage that must be paid for jobs when TIF assistance is used. <br /> <br />Economic Development Consultant Mulrooney replied that the State has not mandated a <br />minimum wage requirement, but as a goal they would like to see a job in the $10.00 to $12.00 <br />range. <br /> <br />Councilmember Anderson inquired if the $10.00 wage is out of sync with the economy. <br /> <br />Economic Development Consultant Mulrooney replied that is something the City Council may <br />want to consider. He explained that the wage depends on the type of industry that the City may <br />be negotiating with and requested direction from Council as to what type of industry they would <br />like to see coining into the City. <br /> <br />City Administrator Norman suggested adding that topic to the EDA Agenda. <br /> <br />City Council/January 23, 2001 <br /> Page 12 of 34 <br /> <br /> <br />