HomeMy WebLinkAbout03/11/1985 Economic Development Committee
March 11 , 1985 - 5:30 p.m.
Mayor's Conference Room
Members present: Chairperson Penaluna, Getty, Seeber, Wright,
Klinger and Mayor Bowers.
The first item of discussion was a status report on attracting the
Saturn Plant to Waterloo. Chairperson Penaluna indicated that
because a specific location was being discussed, as well as its
acquisition, that the committee should meet in Executive Session.
City Attorney Dave Tyler indicated that an Executive Session for this
purpose was authorized by Iowa Code Section 28A.5(j). It was moved
by Getty, seconded by Mayor Bowers that the Committee meet in
executive session. Ayes: Five. Motion carried.
The Clerk was instructed to indicate that the following persons were
present during the Executive Session: Randy Pilkington, Police Chief
Roger Shook, City Attorney Dave Tyler, City Engineer Eric Thorson,
Planning and Development Director Don Temeyer, Clerk/Auditor Larry P.
Burger and Deputy Clerk/Auditor Michelle Temeyer.
Klinger now present.
EXECUTIVE SESSION
It was moved by Getty, seconded by Seeber that the Committee adjourn
the Executive Session. Motion carried.
Councilperson Seeber indicated that a representative from Battle
Creek, Michigan would be in Waterloo to discuss with us sources of
funding that they have used in attracting companies to their town.
The Committee would be informed of the date of this meeting.
Clerk/Auditor Larry P. Burger was instructed to call the Iowa League
of Municipalities to ascertain the status of the local option tax as
it now being proposed before the Iowa legislature.
The committee reviewed the proposed allocation of Community
Development Block Grant Funds for Economic Development purposes.
It was indicated that the City Council would be holding a hearing on
the proposal at this evening's meeting. The following amounts were
being proposed for economic development: Mini UDAG $50,000; Interest
Write Down Program $50,000; WCFN Drive Improvements $90,000.
With no further business before the Committee, the meeting was
adjourned.
Larry P. Burger
City Clerk/Auditor