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08-07-2002 CITY OF EDGEWATER ECONOMIC DEVELOPMENT BOARD REGULAR MEETING August 7, 2002 8:00 a.m. CALL TO ORDER: Chairman Thomas Alcorn called to order a regular meeting of the Economic Development Board at 8: 00 a.m., Wednesday, August 07, 2002, in the Community Center. ROLL CALL: Members present were Chairman Thomas Alcorn, Nora Aly, Christopher Balmer, Michael Wilson, Adelaide Carter, and Joe Martin. Douglas McGinnis arrived just after roll call. Also present were Assistant City Manager Liz McBride, Chief Planner Darren Lear, Southeast Volusia Chamber of Commerce Executive Director Steve Dennis, Councilman Jim Brown, News Journal staff writer Mike Giusty, and Board Coordinator Pat Drosten. Thomas McKinley was excused. APPROVAL OF MINUTES: The minutes for July 3, 2002, were presented to the Board for approval. There being no corrections or changes, Ms. Carter moved to approve the minutes as presented, second by Mr. Wilson. Motion CARRIED 7-0. NEW BUSINESS: Due to Logistical concerns, Item 6B was placed 1st on the Agenda. 6B - Presentation of Economic Development CD.'s - Mr. Steve Dennis, Southeast V olusia Chamber of Commerce Executive Director, demonstrated both the Southeast Vol usia and the Edgewater C.D.' sand answered questions concerning the possible application of the C.D.'s for individual businesses. CITY AND OTHER REPORTS: 4A. City of Edgewater - Darren Lear, Chief Planner, passed out brochures provided by the Volusia County Economic Development Department. He also gave an update on the Edgewater Lakes subdivision. The developer states he has submitted for permits from St. Johns Water Management District. The city is awaiting submission of the preliminary plat approval request. Liz McBride, Assistant City Manager, briefed the Board on the Find Project. The City Attorney is currently working on the closing of the property and it is hopeful that closing will occur next week. G: \Pat\edb \edb-m inutes\2 002\m i n uteO 8 07 02. reg. doc I CONTINUED BUSINESS: SA. Budget for FY 2002/2003 - Chairman Alcorn informed the Board that after much discussion with the City Manager as well as several Council members, the Council declined to allocate funds for the Board for the upcoming fiscal year. Much discussion ensued on ways the Board can promote Economic Development within the City of Edgewater without a budget and on alternatives to obtain funding from other sources. Nora Aly discussed the possibility of having a self- funded Business to Business expo by raising the fees for tables for businesses, having an outside vendor provide food (as a fundraiser perhaps by Edgewater Fire and Rescue), asking for donations, and volunteering of services by the Board members. Chairman Alcorn asked Ms. Aly to send out a flyer to prospective businesses to determine the feasibility of this. NEW BUSINESS: 6A.Discussion of Program of Work -This item was partially discussed under Continued Business _ Budget. Due to time concerns, Chairman Alcorn asked that this be tabled until the September 4, 2002 meeting. 6B- (See 6B above) 6C. Discussion of Ad Valorem Tax Exemption - Joe Martin, gave a brief presentation on the importance of having the Ad Valorem Tax Exemption as a tool for the City to entice potential businesses. He realizes it is too late for the next election but feels the Board should look strongly at seeking to have the issue placed on the ballots in the future. Chairman Alcorn asked Mr. Martin to discuss this issue with the City Manager and ask him to come to the next meeting for further discussion. CHAIRMAN AND BOARD MEMBERS REPORTS: Ms. Carter stated that the Recreational Cultural Services Board would not be meeting this month. They are planning an open house for the museum. Mr. McGinnis informed the Board that there are historic archeological digs taking place in the City along the East side of Riverside Drive. Steve Dennis informed the Board of the upcoming "Business Briefing" which will be held at the Chamber on August 13th. ADJOURNMENT: There being no further business to come before the Board, a motion was made and approved to adjourn. The meeting adjourned at 9:20 a.m. Minutes respectfully submitted by: Pat Drosten, Board Coordinator Economic Development Board G: \Pat\edb\edb-m inutes\2002\m in ute0807 02. reg. doc 2