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EDC SUM 2019 12 11CHANHASSEN ECONOMIC DEVELOPMENT COMMISSION REGULAR MEETING DECEMBER 11, 2019 Chairman Jim Sanford called the meeting to order at 7:00 p.m. MEMBERS PRESENT: Jim Sanford, Kathleen Donovan, James Ebeling, and Steve Stamy STAFF PRESENT: Greg Sticha, Finance Director; and Jake Foster, Assistant City Manager APPROVAL OF MINUTES: Commissioner Ebeling moved, Commissioner Donovan seconded to approve the Minutes of the Economic Development Commission meeting dated November 13, 2019 as presented. All voted in favor and the motion carried unanimously with a vote of 4 to 0. REVIEW OF 2019 UTILITY RATE STUDY. Greg Sticha provided background information and highlights of the 2019 Utility Rate Study that was presented to the City Council. Commissioner Ebeling asked for clarification of when SAC fees are charged. Chairman Sanford asked for clarification of how and when utility rates are charged. Greg Sticha continued with discussion of the pros and cons associated with implementing a business subsidy program. Greg Sticha suggested commission members come to the next meeting in January with a list of goals to accomplish in 2020. Commission Donovan moved, Commission Ebeling seconded to adjourn the meeting. All voted in favor and the motion carried unanimously with a vote of 4 to 0. The Economic Development Commission meeting was adjourned at 8:05 p.m. Submitted by Greg Sticha Finance Director Prepared by Nann Opheim