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<br />Page 2 <br /> <br />City Council Minutes <br />April 27. 1987 <br /> <br />e <br /> <br />Mr. Wuornos closed his appearance before <br />that it would be an advantage for <br />Associates because of their substantial <br /> <br />the City Council with the comment <br />the City to hire R.L. Wournos and <br />background knowledge of the City. <br /> <br />3.2 Sidney Inman of Publicorp. Inc. <br /> <br />Sidney Inman of Publicorp. Inc. was introduced to the City Council by Pat <br />Klaers. City Administrator to present Publicorp's Economic Development <br />Analysis Preliminary Proposal for Elk River. <br /> <br />Sidney Inman gave background information on his work experience and that <br />of Publicorp. Inc. He stated that the motivation of his company is to <br />protect the City and to negotiate financial proposals between the City and <br />new industries. Mr. Inman also explained work-shops that Publicorp. Inc. <br />puts on which entail bringing in various prople from bonding firms and <br />attorney firms to discuss the laws and trends of economic development in a <br />City. <br /> <br />When the floor was opened for questioning; the main topic of discussion <br />was financing tools that are available for the City to encourage <br />industrial development. The objectives of the Chamber and the City were <br />discussed and how these objectives may differ in the future. The Council <br />asked additional questions about the work- shops which were then explained <br />in further detail. <br /> <br />e <br /> <br />3.3 Michael Mulrooney of Business Development Services. Inc. <br /> <br />Michael Mulrooney. president and owner of Business Development Services. <br />Inc. was introduced to the City Council and began his presentation on <br />what Business Development Services Inc. can offer Elk River in the <br />economic development field. <br /> <br />Mr. Mulrooney began his presentation by giving the history <br />educational and professional background and that of his company . <br />displayed some of the marketing mailing examples his company has <br />attract developers in other areas. <br /> <br />of his <br />He also <br />used to <br /> <br />Mr. Mulrooney then distributed an Economic Development Strategic Planning <br />Model and went through the four general phases. <br /> <br />The main <br />marketing <br />advantage. <br />Elk River <br />businesses <br />Elk River. <br /> <br />topic of discussion of during the questioning period was <br />the location of Elk River and whether or not this is an <br />The discussion also included comments on competition between <br />and other cities Mr. Mulrooney works with. the market for <br />in Elk river and what type of quality businesses would look at <br /> <br />Upon completion of Mr. Mulrooney's presentation. the Council broke for a 5 <br />minute recess. <br /> <br />e <br /> <br />At 9:10 p.m. the City Council reconvened. <br />