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Economic Vitality Committee <br />Minutes <br />April 13, 2020 <br />Page 4 of 5 <br /> <br />Rick Kron – agrees with City attorney – we can have broad program that has <br />huge impact. Article 10 section 2 of the Constitution was aimed at supporting <br />railroad. This is not the same situation. This is EV, not just sales tax vitality. <br /> <br />Shelley Angell, Executive Director of the Chamber of Commerce said “the fabric <br />of the City” is important for more than just looking at sales tax. <br /> <br />Mayor Stolzmann agrees with Ms. Angell, however we are trying to narrow the <br />list and that is never a good conversation to have. We need specific criteria. We <br />need to focus on the people where $5k will be meaningful. Mayor Pro Tem <br />Maloney said we wants to help as many as we can however finances are finite. <br />This is an imperfect process, however want to have the greatest impact that we <br />can. The Mayor said going down the path of sales tax categories should be <br />explored. Businesses that have high startup costs – perhaps get higher <br />weight? Food and Beverage and retail merchandise should be first then, who is <br />next would be decided. Chair Dickinson agrees and perhaps more funds can be <br />discovered and open up to more businesses. <br /> <br />Mayor Pro Tem Maloney said the general fund will have to prop up golf course <br />and rec center. He would caution against saying we will have more money. <br /> <br />The Committee then discussed a variety of other criteria that could be included <br />in the grant application, including: <br />o Whether businesses that had violated the order to close should be <br />eligible; <br />o Asking about rent deferral; and <br />o Eligibility of national/regional chains and franchises. <br /> <br />Finance Director Watson asked for clarification on “current on taxes as filed” vs <br />“payment plan in place”. If on a payment plan, it must be in place. Director <br />Pierce said her interpretation is the business not be on a payment plan. If you <br />are on a payment plan, you are not current. “Filed and not remitted” is not <br />current. After discussion, EVC agreed that businesses must be current and not <br />on a payment plan. <br /> <br />Chair Dickinson does not like the idea that we are looking at revenue decline <br />but not expense decline. He would like to see profit. Mayor Pro Tem Maloney <br />thinks sustainability is the purpose of this. Chair Dickinson thinks the revenue