08-09-1993 EDA MIN - Laserfiche WebLink

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. . . Economic Development Authority Meeting August 9, 1993 Page 4 At this time, discussion on the budget continued. Executive Director Klaers finalized the outline of the budget as follows: PERSONAL SERVICES: Regular Pay (ED Coordinator salary, portion) Part-time Pay (EDA Commissioners) Pensions Insurance $19,750 $ 8,400 $ 2,900 $ 1,600 $32,650 OFFICE SUPPLIES AND CHARGES Office Supplies $ 800 CONTRACTUAL SERVICES: Legal ED Consultant Telephone Advertising/Newsletter Marketing Postage Development Activities Business Park Expenses Other Miscellaneous Projects (Main Street, CBD, etc.) Insurance Chamber of Commerce (Annual Donation) Transfer to General Fund $ 1,000 $ 1,800 $ 800 $12,000 $ 7,500 $ 3,500 $ 5,000 $ 4,100 $ 650 $ 6,000 $ 1,000 $43,350 TOTAL BUDGET $76,800 COMMISSIONER OF $76,800. CARRIED 6-0. FARBER MOVED TO APPROVE THE 1994 EDA BUDGET IN THE AMOUNT COMMISSIONER DWYER SECONDED THE MOTION. THE MOTION COMMISSIONER DWYER MOVED TO APPROVE EDA RESOLUTION 93-4, A RESOLUTION ESTABLISHING THE TAX LEVY FOR THE ECONOMIC DEVELOPMENT AUTHORITY FOR COLLECTION IN 1994. COMMISSIONER DIETZ SECONDED THE MOTION. THE MOTION CARRIED 6-0. 9. Prospect Status Report The Prospect Status Report, which was sent under separate cover, was discussed by the EDA. EDA Commissioners asked about the status of the manufacturing company for which a presentation would occur on August 10, 1993. Bill Rubin stated that the proposal was in its final form and that EDA Vice President Dwyer, City Engineer Terry Maurer, Municipal Utilities