Laserfiche WebLink
4. EDA BUSINESS <br />4.01: Appoint Chairperson and Vice Chairperson <br />Economic Development Manager Sullivan stated that this is the annual time of appointment for <br />Chair and Vice-Chair. <br />Chairperson Steffen opened the floor for nominations for the position of Chair and Vice-Chair. <br />Member Riley nominated Jim Steffen for the position of Chair and Scott Cords for the position of <br />Vice-Chair. <br />There were no other nominations. <br />Motion by Member Cords, seconded by Member MacLennan, to elect Jim Steffen as Chairperson <br />and Scott Cords as Vice-Chair of the Economic Development Authority. <br />Motion carried. Voting Yes: Chairperson Steffen, Members Cords, MacLennan, Howell, Olson, <br />and Riley. Voting No: None. Absent: Member Johnson. <br />4.02: Review Request for Interest/Proposals for a Dynamic Display Billboard for Retail <br />Advertising on Highway 10 Near The COR <br />Economic Development Manager Sullivan presented the staff report. <br />Chairperson Steffen asked for details on the scoring system developed by staff and why the <br />different scores were given. <br />Economic Development Manager Sullivan reviewed the items included in the scoring of the <br />proposals. He stated that the RFI provides a summary of the different categories. He provided <br />additional explanation on the different ranking criteria including display, advertising slots, leasing, <br />sign location, and ordinance experience and explained why the three vendors were scored <br />differently in the categories. He commented that iDigital Media was ranked first, Clear Channel <br />second and Lamar third. He stated that the group could select one company to move forward with <br />or could move forward with multiple companies to determine which would be the best fit. <br />Chairperson Steffen asked if the lease revenue is contingent upon sales in all three proposals. <br />Economic Development Manager Sullivan commented that the Lamar proposal was a flat revenue <br />annually, but the other two proposals were based upon sales. <br /> <br />Chairperson Steffen asked and received confirmation that something would be displayed on the <br />board at all times, even if that is City messaging. He asked if the difference in display would be <br />noticeable to the general public. <br /> <br />Economic Development Authority/ April 8, 2021 <br />Page 2 of 12 <br /> <br />