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10/26/1998 Council Packet
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10/26/1998 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
10/26/1998
Council Meeting Type
Regular
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EDA President Sullivan said that whether the EDA approved this or not, it doesn't mean <br />they are against economic development, they just prefer another way of doing it and want <br />to limit use of incentives. The city wants commercial when the area can support it. Mr. <br />Bergeson asked if the city can treat different parcels and tenants differently. Mr. Shannon <br />discussed the EDA's ability to establish policies, goals and criteria for incentives, and that <br />projects could receive funding on an as needed basis. Mr. Bergeson said he favored <br />incentives to control less than desirable projects. Mr. Lyden said zoning protects the city <br />from undesirable projects. EDA Member Dahl said she would prefer to wait on incentives <br />because she doesn't want the city to dig itself into a deeper hole financially. She believes <br />that McDonald's will come, and others will follow. <br />Motion carried, with Lyden and Dahl voting no. <br />ADJOURNMENT <br />EDA Member Lyden moved to adjourn. EDA Member Dahl seconded the motion. <br />Motion passed unanimously. <br />
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