2. GFMEDC sales tax resolution - Laserfiche WebLink

GFMEDC Sales Tax Committee-February 8, 2008 1 GFMEDC SALES TAX COMMITTEE MEETING FEBRUARY 8, 2008-10:30 AM 1. MEETING TO ORDER A meeting was held on this date to review a resolution to submit to the county commission for a one-half cent sales tax to fund the Greater Fargo Moorhead Economic Development Corporation (GFMEDC) Growth Plan Initiative. The following were present: Scott Wagner, Robyn Sorum, Mike Montplaisir, Birch Burdick, Brian Walters, Mary Batcheller, and Lloyd Case. 2. RESOLUTION, Discussion on lanauaae The committee reviewed and discussed a draft resolution. Mr. Wagner suggested the resolution include information regarding the process to amend the Growth Plan. He also suggested any amendments brought to the county commission go through a process similar to an ordinance with a first and second reading to allow public input. MOTION, passed Mr. Case moved and Mrs. Sorum seconded to add a section to the resolution regarding amendments to the Growth Plan. Motion carried. The committee discussed the Growth Plan and the Governance Rules referred to in the resolution. Mr. Walters said the Growth Plan explains what the funds will be spent on and the Governance Rules outline how the funds will be spent. Mr. Wagner suggested the resolution be reviewed at next week's GFMEDC executive committee meeting and GIF board meeting. Mr. Walters said the resolution is scheduled on both agendas. Mr. Wagner asked for letters of support from both boards be submitted to the county commission. MOTION, passed Mr. Montplaisir moved and Mr. Case seconded to request letters in support of the resolution be submitted by the GFMEDC executive committee and GIF board to the Cass County Commission. Motion carried. The committee discussed the process of approving a project, distribution of funds and use of the funds. Mr. Walters said the GFMEDC first would approve the project and then submit the request to the GIF for approval. Mr. Burdick drafted language for the item regarding amendments to the Growth Plan. MOTION, passed Mrs. Sorum moved and Mr. Case seconded to approve the language drafted for Item #7 regarding amendments to the Growth Plan. Motion carried.