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<br />Minutes of tlle Regular Meeting of Council <br />Monday, August.20, 2018 <br />Page 13 . <br />PreEmptive Solutions was looking at relocating and had been talking with a landlord in the <br />Beachwood area. The CFO happened to be someone I knew from my private sector days, so I <br />reacfied out to him and met with him and the CEO fo find out what the Company's plans were <br />for growth and what their thought process was. What the Company is looking to doing is their <br />footprint now is 4;500 square feet. They are going to, go to 8,200 square.feet and from 27 to 50 <br />eniployees; from a payroll of $2.3 to $4.9 million which would increase our revenue base from <br />$42,000 to $99,000. That's over a period of tiine froin 20-17-2022. Based on those discussions <br />with the Company and going over it with the Administration, we felt they have been the kind of . <br />company we look to attxact and retain because of their high density payroll and low square <br />footage area; technology-based employees that are highly compensated. We looked at our <br />calculations we used in the past for the Economic Development Grants. They would fit in the. <br />range of a 25-30% grant. What we are requesting riow is approval from Council to go ahead and <br />negotiate with them the terms of the grant to retain them in the Village. Couricil President Saponaro asked, did everyone heax that? I know the microphone keeps going <br />in and out? Any questioris or comments? <br />There were none. <br /> <br />ROLL CALL: AYES:. Ail Motion Carried <br />NAYS: None Resolution Adopted . <br />ANY OTHER MATTER BEEORE COUNCIL <br />Couricil President Saponaro asked, _are there any other matters before Council? <br />Mr. DiFranco asked for clarification to Council President Saporiaro. When you say discussion, <br />is that just for you guys or the public as well? <br />Council President Saponaro replied, okay, so for example a person makes a motion and someone <br />else seconds it, discussion then is for Council members. Anyone can discuss it at Open Portion, <br />but only Council can discuss matters outside of Open Portion. For example; if there's something <br />on the agenda that you wanted to discuss, you can come up during Open Portion to express your <br />feelings and opinioris. That's the purpose of Open Portion. Anything else? <br />I do want to make a comment. I know we have been frying with these microphones, but I am <br />done with them. We need to get new microphones. I don't know who needs to do it, but mine <br />didn't work at the first ineeting. Mrs. Mills stated; you have to liave every one of theni on. <br /> <br />Council President Saponaro stated, mine was on before and it didn't work at all. People in the <br />audience are not hearing pait of the infoiniation. It's just frustrating: I don't kiiow wliat we need <br />to do. I don't mean to put you on the spot Mayor.