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<br />City Council Business Retention & Development Committee <br />Meeting Minutes <br />January 8, 2007 <br />Page 2 of 3 <br /> <br />her company can provide either a closed or open-loop system that can be used by most <br />vendors existing credit card systems. <br /> <br />Dalton asked if the big box stores would be able to use the cards. Sanders said they <br />would be required to install additional hardware to process the cards. Those stores <br />would include Home Depot, Kohl's, King Soopers, Safeway, etc. <br /> <br />Steve Kreye of New Market Solutions gave a presentation. He noted that his company <br />would do gift cards that run on a MasterCard system that can be either a closed or open- <br />loop and that all vendors that currently take MasterCard would be able to use. He added <br />that he felt the company could have the system up and running within 10 weeks of <br />implementation. <br /> <br />New Market Solutions would charge the City $4000 as the up front cost, plus travel <br />costs, a per card charge, and any marketing costs. <br /> <br />Following the presentations, members were in agreement to go forward with an <br />additional meeting with New Market Solutions. Members felt that for the program to be <br />successful it would have to be available to all Louisville businesses, particularly the big <br />box retailers and they would only use the program that did not require additional <br />hardware. <br /> <br />Brown will set up a subcommittee meeting with New Market Solutions prior to the <br />Committee's February meeting to get additional information and pricing that can be <br />discussed in February. <br /> <br />UPDATE - WEB SITE AND MARKETING MATERIALS <br /> <br />Hogan reported that she and Muth had met with two companies regarding search engine <br />optimization. She noted that some of the items being discussed can be done in-house by <br />staff, but others will need to be contracted out. She added that a budget for the project is <br />likely to be $25,000 or more. Hogan, Muth, and Brown will meet to discuss next steps <br />and make a recommendation of how to proceed. <br /> <br />UPDATED LOUISVILLE PROFILE PIECE <br /> <br />Hogan distributed the updated profile piece and asked members to review it and get any <br />comments or changes back to Muth. Hogan noted that the piece can now be updated by <br />staff and adjusted to fit the requirements of projects as needed. <br /> <br />PLANNING FOR JANUARY 18 JOINT STUDY SESSION, BRAD, CITY COUNCIL, <br />AND PLANNING COMMISSION <br /> <br />Hogan explained that she has invited four speakers from the development community to <br />come to speak to the group to discuss retail recruitment and development. Hogan noted <br />that this will be a chance for the City Council and Planning Commission to get an idea of <br />how developers look at a community for a potential project. <br />