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<br /> <br /> <br />f. In bullet point thirteen, modify existing language so that it <br />reads: Α...participate in seeking creative solutions to the <br />financing challenges inherent in potential redevelopment <br />projects. <br /> <br />5. To address Section Five [Financial Incentives] at the next EDC <br />meeting, due to lack of time. <br /> <br />EDC Chair Carlson suggested that the EDC members bring to the next meeting their <br />specific suggestions regarding any further revisions/deletions/additions, so that an <br />effort can be made to finalize the EDC’s work on this document. <br /> <br /> <br /> <br />B. Discussion of TIF options <br /> <br />Economic Development Coordinator Carroll introduced this topic and gave an <br />overview regarding the advice/input/recommendations that the City Council has <br />requested from the EDC in connection with the Council’s ongoing review of the City’s <br />TIF policies, practices and philosophies. Inasmuch as three Commissioners were <br />missing by the time the EDC got to this topic, and in view of the very limited amount <br />of time remaining for the meeting, it was agreed that the Commissioners would take <br />the next 30 days to continue reviewing the material previously provided, with the <br />understanding that they would contact City staff members if they wanted or needed <br />more documents or information on the topic in question. Further discussion of the <br />issue will take place at the EDC=s next meeting on July 22, 1999. <br /> <br />6. ADJOURNMENT <br />There being no further business before the Commission, this meeting of the <br />Economic Development Commission adjourned at approximately 9:15 a.m. <br /> <br />Respectfully Submitted, <br /> <br /> <br />Kevin Carroll <br />Economic Development Coordinator <br /> <br />