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~ic~:<~ouncil .1..[%nutes~~ <br />December 17, ?',007 <br />~~_,~~ <br />Page 11 <br />Township preferred to Have dle staff provide uiforuiarion on changes d2at will happen <br />ti~=itluu the t<t-o mile border of each cit<-. <br />M057ED BY COUNCILMEMBER GUMPHREY AND SECONDED BY <br />COUNCILMEMBER FARBER TO APPOINT MAYOR KLINZING AND <br />COUNCILMEMBER MOTIN TO A SUBCOMMITTEE AND TO WORK WITH <br />BIG LAKE TOWNSHIP ON THE FORMATION OF A JOINT PLANNING <br />BOARD. MOTION CARRIED 5-0. <br />~ £ 3. Other Business <br />~~'` <br />Discussion on 1\~Iicro Loan PoGa- <br />It~ls. Johnson questioned if the Council would be interested in amending the R4icro Loan <br />Police to include ne«< business in the do~vnto~vn. She stated there has been a request from a <br />business recend}= relocated to do~vnto~vn to access the ~vorl:ing capital provision of the <br />Polio}=. She stated if the Council «rere interested in amending the Policy, the nest step in the <br />process would be to call a meeting of the EDA Finance Commttee to review the Policy. <br />I\~Iayor Iilinzing stated it is ~~=orth considering in order to assist dze businesses. <br />Councilmember IvIotin stated he was oka}- i~rid~ rep=ie~ving the Policy but had concerns about <br />propsiding seed capital because the Polic}= was originally created to assist existing business <br />owners ~vho had to operate during the constzvction periods wida the Jackson and Bluff <br />Blocks. <br />Iris. Johnson cl;ui5ed dzat dais would be for current existing businesses. She stated a policy <br />revision ma}= not allow worlang capital for new businesses but the leasehold capital may be <br />allowed for them. <br />Councilmember Farber stated gig=en the econom}', he ~e~ould like to review the Policy. <br />This item vas referred to dze EDr1 Finance Committee. l~~Is. Johnson stated it would come <br />back to Council for consideration after EDA rec*ietiv. <br />9. Council jjFdates <br />There were no Council Updates. <br />10. Staff Updates <br />I`~js. Johnson noted the Council received a handout regarding d1e Council/Planning Retreat <br />scheduled in Januartir. <br />I.~Is. Johnson stated she sent die Council information regarding the three plans for die TFI <br />10 Corridor Committee and noted dirt comments were needed by early January. <br />