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of the EDA to delay decision and direct staff to look into the details of the program and questions <br />that arose today. <br />The EDA suggested that staff look into the following questions: <br />• The percentage of an FTE that would be necessary to manage the activities of this program. <br />• Whether there is sufficient staff time to handle that duty. <br />• Whether capital costs could arise from infrastructure demand. <br />• Concrete examples of a media tool kit, how the program is used and marketed, and whether <br />there is a return of investment (ROI) from the program. <br />• Discussion with another city that is a member of the program to gauge their ROI. <br />Economic Development Manager Sullivan noted that staff will look into those questions and bring <br />additional information back to the EDA. <br />5. MEMBER / STAFF UPDATE <br />No comments. <br />6. ADJOURNMENT <br />Motion by Member Cords, seconded by Chairperson Steffen, to adjourn the meeting. <br />Motion carried. Voting Yes: Chairperson Steffen, Members Cords, Heineman, Kuzma, and <br />Riley. Voting No: None. Absent: Member Burandt. <br />The regular meeting of the Economic Development Authority adjourned at 8:23 a.m. <br />Respectfully submitted, <br />Sean Sullivan <br />Economic Development Manager <br />ATTEST: <br />Wendy Schlueter <br />Economic Development Administrative Assistant <br />Draft by Amanda Staple <br />TimeSaver Off Site Secretarial, Inc. <br />Economic Development Authority/ October 8, 2020 <br />Page 7 of 7 <br />