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Minutes of the Council Meeting December 17, 2007 Page 10 job mark in there that enhances the 10 that the County is looking for, does that create a situation where if you only get 90 or 85 jobs, they are not going to allow you to go forward into Phase II when you may look at it at that point and say, gee, we would like to continue and move forward into that, but we have limited ourselves and precluded ourselves from going forward to that point. I Mr. Buckholtz addressed that in conversation with the law department. His concept of the language would be to go forth driving towards a goal of 100 jobs. His understanding and he read the language in the Grant Agreement, is the only stipulations the County is looking for is 1 job for every $50,000.00 of their money. All we are bound by their participation is that. Ms. Calta stated that is her understanding. There would not be any detriment by including a target in excess of what the County has required. That is how it would be set forth. Dr. Parker stated that it seems as though if the County is keeping a low number, it is beneficial to us because if we decided to invest that money, we are going to be able to acquire those funds. It would not be for our benefit for them to raise that number substantially because we might end up spending the money and not be able to acquire those funds based on higher requirements. What they require us to do is one thing. What maybe we require ourselves to do or set goals for ourselves perhaps is another thing. Dr. Parker is not sure if placing it in the language is appropriate or not. He certainly would not want to tie our hands where perhaps we would be turned down by them simply because our goals were not in line with what their goals were. Mr. Buckholtz would like to frame this and then ask everyone their opinion on whether they would want it with the added language or not and then we will call for a vote. The message is clear with the County. The County is very happy with a lot of the work that we have done out here already. That is why we received the grant. People that have spent the time sitting down with Phil and Ted and gone over and seen the documents that are being drafted, read the bios on the people from the Alliance and are satisfied with how this is going to be approached. The message that Mr. Marquardt is looking for, even though there is $850,000.00 tied to this ordinance, the goal to shoot for in this initial ordinance would be a message to our own residents whose money we are potentially spending to say, we as a group are going to work at this thing with the idea of creating this kind of return on our investment. Is that language stated clear enough? Council agreed. Mr. Buckholtz asked if they would be inclined to add that language to the ordinance. Council agreed. Council President Buckholtz asked if there was any further discussion. Mr. Marquardt would still like to request that we get the brochure. ROLL CALL: AYES: All NAYS: None Motion Carried Ordinance Enacted E i ??