Agenda - Council - 10/24/2006 - Laserfiche WebLink

Home

• Chairperson Riley inquired if the old Town Hall still falls under the EDA. Economic Development Coordinator Sullivan responded in the affirmative. Member Schindel inquired about the golf tournament budget. Economic Development Coordinator Sullivan replied the golf tournament is proposed to be budgeted at $4,000. The next case on the agenda will include information regarding the net expenditure for this year's tournament. In the past more has been spent on the tournament, but they may be getting to the point with sponsorships where they are able to get closer to a wash with the costs. He suggested amending the budget to allocate $2,000 for the golf tournament, and to add the $2,000 that is cut from this line item into the capital outlay line item for land acquisitions. Chairperson Riley suggested the golf tournament line item (6249) amount be amended to $1,000. Consensus of the EDA was to amend the proposed 2007 budget to include a $1,000 expenditure for golf tournament line item 6249, with the $3,000 cut from this line item moved into the capital outlay (6510 — land) line item. Member Kiefer noted there is nothing budgeted for entrance signs (line item 6530), which has been discussed by the EDA numerous times. Economic Development Coordinator Sullivan explained priorities have been in land acquisition at this time. He would recommend this line item remain as a place holder, which would allow money to be shifted as needed. The budget can be amended throughout the year. • Motion by Member LeTourneau, seconded by Member Steffen, to recommend to City Council to levy the amount of $393,375 utilizing the EDA levy, and to implement the proposed 2007 budget with the following amendment: $1,000 expenditure for golf tournament line item 6249, with the $3,000 cut from this line item moved into the capital outlay (6510 — land) line item. Motion carried. Voting Yes: Chairperson Riley, Members LeTourneau, Steffen, Kiefer, Schindel, and Strommen. Voting No: None. Absent: Member Elvig. Case #2: Business Appreciation Day Update Economic Development Coordinator Sullivan provided an update on the 2006 Business Appreciation Day. He stated this year's event went well, and there were a lot of good comments. The move by this body to make the EDA more front and center was a good idea, and provided the EDA with a forum to get acquainted with the community. Mr. Sullivan indicated the plan for this year's event was to have 36 teams and 144 golfers. This goal was almost achieved, with 37 teams and 148 golfers. Three teams: Dynapast, St. Germain Style, and Quality Metalcraft were turned away from the event this year. Letters were sent and phone calls were made explaining that the event was full and asking the businesses to resubmit next year. Mr. Sullivan noted when the event was nearing the 36 team limit he contacted some businesses and asked them to go down to twosomes, rather than foursomes, in order to accommodate other businesses. Economic Development Authority /September 7, 2006 Page 3 of 7