This conference will now be recorded. Is there a motion to approve the agenda? >> I'll second. All in favor? >> I oppose. >> Motion carried. Um, approving meeting
minutes from the November meeting. I'll make a motion to approve the minutes from November 19th. >> Is it just that one page on the back? >> Oh, yeah. We are missing the second page, aren't we?
>> All in favor? >> I oppose. Motions passed. Monthly financial reports. We have September and November um from the meeting that we had missed. So we'll do
two separate motions All in favor? >> I opposed. Motion's passed. >> WHKS for engineering. That's reimbursed. >> September.
>> September. Keller Barton. >> Yeah. So that goes in the Keller Barton escrow. I couldn't tell you what that that's it's like they take the money out to use it and put it back in. >> So it's a pass through because whatever the check they gave us to do that we pay for it and then comes out of their
escrow. >> I'm just wondering why it was an EDA thing rather than a city thing. >> I couldn't answer that. >> Yeah. >> It's not that big a deal. ask and the nicllet projects. Is that the
solar credits or Okay. I'll make a motion to approve the uh cash sheet for November 30th. >> All in favor? >> I
motion's passed. No public hearings of the old business to Tulip Tree Marketing. You guys can have the floor. in terms of continuing services for social media.
We did services for you in terms of implementing regular posts from August through November. Then we also did August, September, and October Facebook ads for you as well. And I sent out the
statistics from uh two of tree where in the with the packet and there's an additional grouping of them as well that this will end at the end of December. Correct. >> Well, so technically at the end of November, but you are go through
December a month in advance. So your December posts are all scheduled. >> Based on other communities that you've worked with, how do you feel those numbers stack up? >> Well, in terms of communities, we don't
do um city Facebook pages for anybody else. Okay. But just with other clients cards, it really just kind of depends on the amount of following followers each card with >> um just how active their social media is.
>> And the analytics you see here, they're also greatly influenced by digital ads or you did for a good chunk of this analytic period. um because Facebook tends to favor those who spend money with Facebook, which can be a pain. But
because you were running the ads, you see significantly higher numbers than you would if you hadn't been running ads because all of your ads connected to your Facebook page rather than a website or something like that. >> So, that really helped. If any of our other clients that had a similar um following to what you guys have as a
city, they'd be shocked by those numbers. But like Sammy said, it's because you also paired it with some advertising, paid advertising as well. >> Yes. >> I mean, as a whole, I know I received seven or 10 comments of people who's
doing your advertising. And I to be honest with you, I couldn't remember the name of the company, so I said, I don't know. I know the EDA is paying for it. I mean, my fault on that. So, I do know it reached out outside of Zumbroa. Um, it'd be interesting to see if we decide
to do it again how these numbers continue. My guess is there would be a decline of some sort >> since as is if we don't continue the digital advertising, we will definitely see a decline in the next analytics just
because it's kind of normalizing to the not paid reach >> because it was new and there's different stuff out there hitting different uh local businesses and stuff like that. So I I understand that. It' just be interesting to see if we stay if we decide to stay with this to see where
these numbers are for the next four to six months if it plateaus or if we still get that increase versus a decline. But I I mean I did know I did get some people outside I mean Stville. I have a few clients in Stville that had saw it in Stville. So
>> well they should know what you think. >> Well yeah and I drove by your office today going down there. I'm like, "Oh, that's where Tulip is." So, right across from Two Brothers. >> Yeah. >> At least once a week went there. >> Yeah. >> Yeah. It's by starting the relationship
paired with paid advertising. It's unfortunate that it's not really unfortunate because you got good numbers, but we don't have that baseline, you know, that we're talking about. You probably see without paid advertising as we continue to see where that normalization sits because we do our um analytics typically quarterly
because that's um usually gives a good overview, enough time to see something that um gives us a more generic overview of the numbers versus if you had a really popular uh post such as the football team one did
really well. >> Those personal ones do really well uh when they get up there. So, uh that three months is kind of our sweet spot to get a a good idea of where those analytics um are sitting. When did we refresh? When did we start
with you guys? Date was August. So, it was a three month. >> And what was the October? >> Yes. >> And what was that price again? >> You spent $4,800. >> Okay. >> With the three months of uh Facebook advertising as well, >> including digital advertising. >> Yes.
>> Yep. >> Y total. >> Okay. If we were to not renew right now and wait six months, what kind of effect do you think there would be? Well, um it really kind of depends if
you continue having somebody post whether it's regularly or not, but at least um having some activity on it versus having no activity on it. Did we see a lot of additional posts beyond what we were doing? >> Yeah. So, >> local post or
>> Yeah, it was mostly community based like updates. I know I saw a couple >> that's my the biggest like thing that makes me nervous about pushing the city of Zumbroa page is how I mean I mean we're posting about
things that our city cares about, but ultimately we're trying to reach people outside of our city. So >> our residents, >> right? So what does it look like? I know we hemmed and hot about starting over. So if we were to start over, how long does it take to build a social media
presence on a platform like this um versus just continuing to take it from our city? It's not a doubt in my mind that the football post did great because we're we are very much a small local community and seeing stuff like
that. It's Yeah, that's that's huge. Does somebody in Stuartville care about that? Maybe not so much. But we also want them coming to our covered bridgefest. We want them coming to shop in our stores for their holiday season. We, you know, this summertime, we want
them to come and use our trail system, you know. So yeah. >> Yeah, that's a fair point. Uh but you don't ZRO doesn't have like a tourism board or anything like that. Correct. Um
>> perfect. I mean, if you had one with a designated staff to be able to answer questions and promote tourism, I'd say then absolutely get them their own Facebook page. Um, but because that doesn't exist, it'd be a lot harder to build that following because there's not
a lot of manpower behind it, so to speak. >> Sure. >> However, if it is predominantly the Cover Bridge Festival, that is your main thing you want to promote, um, it is something that, uh, that has its own website
>> and its own Facebook page. >> Yeah. So, it's something that if you guys wanted to support that, we could just do Facebook advertising up until that time, whether it's on the city's Facebook page or we want to talk to
whoever runs the Bridge Festival's page and then we push people to the website to get more information, but then that's less on growing the city's page following and more on just awareness of the festival. So, that's an option, too. covered bridge vessel
basically a month time, you know, two, three weeks of advertising and then a week after that. I think we also need to strive on hitting our downtown businesses, which is our striving downtown. Um uh and then we also have some other
bigger commercial stuff too or businesses too that that I think we need to hit the other 10 11 months out of the year versus just the covered bridge festival. >> Yep.
>> So as all things in marketing there's no right or wrong answer. But is there is there other ways to advertise on some of the other social media outlets? Tik Tok, uh Instagram, uh I don't even know the other ones out
there that maybe uh I know my kids are more I mean they don't even have Facebook cuz I mean right high school kids are not Facebook people anymore. It's just I mean was it MySpace back in our day that was big. You don't remember that but you might. Yeah.
>> But I mean that would be another way too is change the geographics of agewise to maybe work on dating some of the Instagram, Tik Tok, stuff like that. >> Andrew, the digital advertising that you did because Facebook and Instagram are
connected through Meta, it did appear on both platforms. >> Okay. >> Um, those are definitely possibilities. it'd be it's not as effective unless you have something to pair to whether it's an account or um a website and since we
don't really have a tourism website it's a little hard um but again if we went back to the covered bridge festival we can do Google advertising where that um can be placed far beyond
uh social media um platforms and those are more so you'd see them anywhere that they place ads on websites, news outlets, they have a lot of those. Um, some of Google partners such as YouTube would show up in that. Um, and that that
can have a broader reach, but um, >> that'd be something that we would um, like we have Facebook, we've been doing Facebook through you. We specifically do Google advertising through you. >> Yep. We have Brian who is certified to place with Google and so we do that as
well. But uh if you've never done it before um that initial setup time usually takes about 6 to 8 weeks to start learning and growing um and normalizing to use that term. And
there's a three-month minimum commitment for that just because it takes time to establish some history. But even with that, if it's for like we want to make sure that there's an intentional place for it to direct to. So if it's the Coverbridge Festival website or if
there's um I don't recall if there's a chamber website, >> you know, we want to make sure that wherever we advertise, we can push them to a place that makes sense. So if we're advertising for tourism, does it make sense to go to the city web page?
We've got to decide that. versus if the city web page is just made for residents. But it could also be something too where perhaps a page of your website is designated to tourists because we can go
we can make it go to any URL. So if we created just a web page for tourism on the city site, we can direct all advertising to just that page as well. Is our promotional booklet that we produce is that on the website at all?
>> It's on the city website. >> It is on the city. The whole thing >> as a digital version. >> You could you could URL to that? >> Yeah. >> And then people would have more information about everything in the city. >> Is it on there just as a PDF or is it a
reader within a page? Okay. So then the only downside to going directly to the URL that goes to that PDF is there's no button on the page to get somewhere else. Um, but you could put a PDF reader within a page of the website um that is
a plugin that then would show um still show the PDF from there. So, that's an option too. >> Covered bridge website is the like like Todd was saying, is that the place to go all year long? Probably not.
So maybe something with the city website for now until something else develops if we decide to continue. And this brochure, this booklet we put together is pretty extensive and uh
I think it hits all all aspects of the city, doesn't it? >> Yeah, believe it does. >> Would it be possible to get an estimate of the cost to do Google advertising? >> Yep. Um, I can actually tell you right
now it's pretty fixed. Um, it's 4.85 a month. That's going to go up to 4.95 on January 1st. >> You said 485. >> 495. It will be after the first. Sorry, price increases. Um, but then it's that is our service fee for the month and
then it's 10% of whatever amount you want to do in terms of advertising. So, our minimum is 500 for Google Ads, 500 a month. But um depending on how big you want your reach to go um it could be 1,000 or 1,500 I think to start we have
anybody who's just starting out start at that 500 but sometimes we find out that's enough and then other times we find out because Google is happy to tell us if the competition is too great and we need to increase our investment. >> So basically $1,000 a month. >> Y okay.
>> Yep. 040 buff if I'm doing my math correctly. >> And if we were to continue on with you, what's the what are you looking at? I mean, do you have a time frame and a cost involved or? >> So, if our social media is just a fixed
rate uh per month typically um I don't know if we shared this with the group um but typically our digital is separate from um social media. We grouped it for you guys because you had a set budget and a time frame shorter time frame but um we can
what is it 5.95 for this Facebook? I think so. >> I think so. >> When you say just Facebook, does that include Instagram? You said it did. >> For the digital advertising, yes. But for just social media management, no, it does not.
>> If you add in um Instagram, then it's an extra $300 a month for the additional platform. >> Instagram is more of the younger younger folks. >> Yeah. I mean, which yes, I know Instagram must be
>> and I would say younger. I would say 14 to 21 >> and I still think >> Jeez, Todd, you're making me feel real good over here. Okay, I'm going to make >> I got kids the same way. So, I mean, >> we're going to make you feel worse. >> I use Instagram. >> Yeah, >> I use Instagram more for business than I
would. Facebook is like catching up with like family and pictures, but Instagram is like that's where you like go to shop. Do you do your business personal business on? >> I don't have time. I don't I hate this world of
Facebook and Instagram algorithms. I don't want to fight with them. >> It seems like Instagram is, you know, in the 30s 30 35 up to 35. >> Yeah. The main the top demographic we see on Instagram is that 25 to 40 range right now.
>> It's like the age you're talking about is Tik Tok. Yeah. >> Yeah. I mean, yeah. >> And um the Instagram side of things is really photoheavy, too. So, um as long
as you have a library of photos, a place to explore, but that's usually where we lose people if they don't have a good library of visuals. I mean, in my opinion, I think the dollars are spent better on internet,
social media versus bulletin board or a high board. >> Um, because I mean, one, it's hard to see what the numbers are or what we're getting in return, who's seeing it. I mean, I don't know how many times you drive down 52. I look at them, but I don't retain them. You look at them just
because you're sick of corn fields. But, I mean, You need a good book on top. >> A good book. I can't read. >> I got to listen. >> Shoot. You got one time for being on my phone.
>> It's hard to look at the pictures in his books. Um what is um what is our budget? >> No, it's uh let's see here >> 403. >> That's why >> so our budget is that's where our we
usually take it out of 403 a promotions budget. It's going to change obviously at the end of the year. So budget we want to talk about in January. >> Yeah. uh our January meeting. >> So if we sign I mean just to look at numbers if we happen to go with a year
contract it's still that$4.95 or whatever a month. >> Yeah. >> So you don't get a discount >> for the digital. Okay. >> No Facebook is 5.95 >> if we did your posts within the city the city's page.
>> How much would it cost us right now to do what you've been doing? 5.95 >> earnings per year >> per month. plus the $4.95. So you guys >> $1,000 a month. >> Yeah. I mean, we >> plus the advertising. So 1,500 a month
if you did what we were doing now, but the advertising you only did for three months instead of the five. Admittedly, you guys got a steal of a deal. We lost money on the five five months. >> You didn't lose money. >> We track our time. >> I know how politics.
>> We track our time like lawyers do. So we always know where we end up. >> So I'm confused. You're saying 5.95 plus 4.95 >> if you >> Yep. So 595 is just to do the calendar of posts that you see in front of you
each month on Facebook. >> This one. >> Okay. And then if you added the advertising on top of that to facilitate the advertising that's $4.95 and then that would be then we plus 10%
of whatever advertising you did. So at $500 you add 50 bucks to that. So 4.95 4 so 5.45 then 5.95 and 500 whatever that would add up to. >> So we just got done paying 4,800 bucks for four months.
>> Yes. So that's 1440 a year, which breaks down to $1,200. So we did get a steal, but what you're telling us, you might have lost $5. Okay. So, okay. >> What we do in the January meeting is have our, you know, budget for the year.
And then >> you're looking at about 18 grand a year would be my guess at 1,500. I'm not as good at >> like math's not my style. >> Can't you do math in your head? >> I got a calculator. Got to have a calculator for me.
>> Same. >> You can send me a proposal paper and I can bring >> Sure. >> Yeah. If you can explain, I know you said four different categories get. >> What are we getting for the 495? What are we getting for the 500? Yeah.
>> Is it I would see and and it'd be >> interesting. That's what we got here for the 1,500 bucks, right? What we've got. Okay. >> And it would be I guess I would like to see a recommendation and you you already kind of did that by
having what you've done for us the last four months. Mhm. >> But based on that and based on what you're hearing about how we want to try to market to businesses other or people coming into town more so
than the festival and that type of thing. I mean obviously we wanted people to come to the festival, but now we'd like to switch that a little bit to focus more on on the people coming into town and the economic development side
of things. if this is still what's the best media source for that. >> Sure. >> Okay. >> Yep. And with digital too, um once you get your feet wet in a history built, it is easier to
turn on and off if let's say the winter months are slower and you don't necessarily think it's worth pushing people to come here because they're not going to just because it's those months. like once you get your history built, it's easier to shut it off for a few months and then start it up. Um once you
know, spring comes and people are moving a little bit more. >> Um so that's what's nice about digital because it's not like a billboard in print that's going to be up there for the 12 weeks you paid for it. >> So, but there's not really a way for you to
look analytically at who our followers are. And I know we've got 88 new followers. Are they are they from this area? Can you see like a like are they outliers? Like is there a way to see that on Facebook? Um trying to remember.
Facebook's always changing the privacy settings and updates and it's changed a lot in the past year. I believe we can see like general location like city-wise. You can't see gender anymore.
I'm not sure if we can see age. We could at the beginning of the year, but I feel like that's changed. >> But you could tell us if these 88 people are from within 10 miles of Zamroa or 100 miles of Zero. >> I can't tell you those 88 people. I can tell you your following as a whole.
>> Yeah. >> If we switch your digital to Google, uh that's got a whole separate um data source. >> Yeah, I know. It's really creepy way. Yeah. Okay. Good job. I mean, I appreciate what we
did. I mean, we got more return for versus doing the billboards that we did on 52 because we don't know >> other than seeing we don't know. So, at least we have some numbers here. >> I just if these increase every four months like this, I'd be like, "Wow." I mean, but I don't think that's going to
because we we didn't have any numbers for a base. So, it' be interesting to see with the next four months and so forth where that goes. >> Yep. And with um the comparison between Facebook and Instagram advertising
versus Google, um you are likely going to see a lot more impressions through Google. Um but you'll also hit a lot more of dead air because Facebook, they're contained on where they advertise. Um, so that's just something to consider because if you
start if we start on Google and you get some analytics back and you're like, "Holy moly, it's half a million impressions versus the 200 and some thousand you got." A lot of times people are like, "Well, why wouldn't we always just stick with Google?" Well, Google puts it has a a wider spread that may
not be quite as effective, whereas Facebook is hitting Facebook users type thing. So it's a little more targeted on Facebook, but you will get a bigger reach on Google. So you can hit the people who aren't on Facebook or other social media platforms.
>> So I was just looking at some said we set parameters to 25 miles around uh Zumbroa. What would be the benefit or the pros to doing 50 miles or doing 10 miles? I mean, is it better to set it bigger to get more of the out people to
come to Zumbroa to shop and visit that? I mean, I guess I'm kind of an idiot when it comes to social media. So, >> it's a very valid question. Um, the obvious answer is yes, there's more benefit if people are going to drive within an hour. I mean, we're talking 60 miles out, but um then you're going to
need a bigger investment because you hit more people and you'll lose the frequency. So your frequency I think was about four or five per person which is good because you want it to be right in there so it's not annoying at like eight times a person um but at only you know
one to three times a person it's also not as effective because they don't it's not ingrained in them as many times. So um by expanding the reach you with the same amount of money you hit people less times if that makes
sense. in the right and the right >> you have our contact information just >> but like just that you have to study that and know that that no you don't want to really spread it out too hard because then they're not going to get as many >> Yeah because if you get 60 miles you're into the south of metro and so then
you're adding tens of thousands of people um and money for that >> and then you're competing against everybody else who's trying to hit them in the cities who are quite literally spending probably 10 times what you guys So, it's just a >> You might have touched on this,
>> but do we know which ads we paid for on Facebook? >> Is that in here? >> Is it on? >> I think Brian has some of the top ones or examples. >> He listed a couple examples on the back of the second.
Correct. Yes. >> We know specifically how those performed being paid. Um, so with the digital advertisings, those aren't the only ones. Um, we provide a list of different graphics and different captions and they mix and match. >> So it's not always the same ones that
appear every time. >> Sure. >> But typically Brian puts the top ones on there. So I'm assuming those two are the top ones. >> Okay. >> Yep. So, with our goal of economic development, um,
how effective would it be to target audiences like we're trying to attract restaurants to town or something like that? How do you do that on Facebook or Instagram? >> What was it?
>> Or Google. I mean, it's tough because I mean, the the biggest detriment to what we do in marketing is the privacy laws they've changed over the last four or five years because we don't know as much as Google used to know about us in terms of what we're interested in and
what we do for a living, how much we make, those types of things. Um, so really what we try and do is figure out where that we can find restaurant entrepreneurs. um and advertise there. But a lot of
times when you have such a niche audience, you're just going to hit a lot of dead air. So it just costs more per acquisition to acquire those leads. Where if once you get more into the niche, we usually deal with direct mail
and and more sales tax tactics by humans than digital marketing efforts. digital marketing is best for um the masses. However, there's also Google
search and that's where you can capitalize on people that are searching for how to start a restaurant, things like that. Right. >> Lots of things to do. >> Can do we have anything right now
from the ladies for next year? Uh can we get that from you if we don't have that? I mean >> yeah we can put that together and send it to you. We have not >> I can bring it to the next meeting budget laid out for the year. see what >> and we we might want to as a group think
about what we want to kind of target. What are the key things that we're after with this money with this advertising? >> I mean, I I can't remember what we spent on billboards, but like I said, I think this is definitely a better way to go than the
>> Yeah, I agree. >> You're on and on. No, they're they're close enough so we get feedback. That's why it shut it off early. >> I see. >> Oh, I see. >> Yeah. >> So, as I understand it, we're going to get a proposal back and then we'll
revisit this. >> Yeah. It'd be interesting for my eyes uh is to see what the breakdown is. Like you said, we got three different categories and what we're getting for those. If there's pros or cons to do all of them or just one or two or
because what we had the last four months, was that all three of them at 1500? >> Um I mean technically you got those same services but we bulked it into one monthly cost. It wasn't itemized and that's where we kind of screwed ourselves. But that's okay. It was fun.
So maybe you'll be available for like a virtual >> and we have questions. >> Yeah, you bet. >> So I was afraid I'll ask questions about that. >> You bet. >> Y that'd be great. >> Thanks. >> Thank you guys. >> Thank you guys.
>> Good job. >> Merry Christmas. >> Yeah. >> Okay. 6B Victoria Perez. >> M Perez is here. Oh, she's come today. Residents of Roa has applied to fill the open seat to the EDA. Uh if she's
selected, if she's selected by the EDA tonight, she for the open seat left by Tina Hostager, which was left by Terry Jonathan. The term would last until December of 31st of 2028. I sent you her interview questions. Uh, is there any questions
you have of Victoria while she's here? >> I'll second that. >> All right. >> Now, Victoria, what we have here is a oath of office. I'd like you to write your name in here and recite the oath of office. and you
just sign it and date it. And what I'll do is I'll send this to the city council. They have a meeting tomorrow, so it'll be on there. It'll be on early January. >> Okay? >> And then we'll uh I'll put you on the email list. What we do is we get these packets a week before the meeting. >> Um and then if you can't make a meeting,
just let me know. >> Um and then we'll go from there. >> Anything else? >> Thank you. >> Yeah. >> Thank you. >> Yeah. Feel free to recite that. >> Uh thank you very much. Mhm. >> Okay. Do you have to write it first or
it doesn't? >> You can write it after you. >> I, Victoria Perez, do solemnly swear to support the Constitution of the United States, the Constitution of the State of Minnesota, and to discharge faithfully the duties of the office of economic
development authority of city of of the city of Zimroda, Minnesota. to the best of my judgment and ability. So help me God. >> All right. Thank you. >> Thank you.
>> And welcome. Uh I left out. >> So usually the what is this? The third Wednesday. >> Usually the third Wednesday at 5:30. >> Okay, that's great. and I've got your email and I'll get you
on the the list. >> Okay. >> Exciting times. >> Yeah, it's nice to meet you, too. >> This is Bob. >> Hi, Bob. Lindsay, >> nice to meet you. >> Nice to meet you, Brian. Nice to meet you. All right. Good. Well, thanks,
Victoria. Like I said, you can stick around, feel free to leave, whatever you'd like to do. It's up to you. It's up to you. >> See you later. >> Okay. New business. We have Ann Marie Stall with Bridget's Cafe.
>> Yeah. So, as I wrote in here, Ann Marie Stall met with Brian about uh some financing. She's looking to take over Bridget's Cafe and she's going to change the name of Annies. >> That's correct. >> Okay. Annies. as we know, uh, the need for a restaurant is very big within the
city and we want to keep her and help her out the best we can. Uh, she said, and this is I just basically read wrote what Brian, she needs an operating line of credit to start fund startup expenses, food vendors, and payroll until cash balances get to a point where
the business can cash flow itself and has spoken to Brian of a line of credit for about $25,000. Would the EDA be interested? I wrote what Brian told me. Um, and I'm glad Brian's here so that he can kind of elaborate on what we're
looking for. Go ahead, Brian. >> Yeah. So, um what what would the proposal would be that the EDA would um deposit 25,000 in the bank and then the bank would open a
line of credit in the name of um of an Marie doing business as Annie's and that would be a revolving line of credit operating line of credit that she could use that would be secured by that deposit and we'd set that up for one
year and then see how things go. So that um you know the terms and pricing and that type of thing can all be worked out. The worst case scenario is that 25,000 gets maxed out. Bank gets
paid off because it just it offsets it to the deposit account. But where's the ADA with that? So, it would probably be my recommendation as an EDA member
to put some sort of lean and home as kind of a nuisance lean we call it just so she can't just walk away and not deal with it. So whether you
know the hopefully that doesn't happen but I just in my profession I have to look at the worst case scenarios. >> I know Kim would be she was curious about what >> she and usually that's how most of our loans
have been just like the one we just did for the guy that owns the the building over at Fifth Street. We you know took a mortgage on that building. >> See I mean One of a couple of my questions on the business standpoint of
it is it's really not not any of our information or knowledge we don't need to do that but is Ann putting any skin in the game personally financially to
get this offset or is she going in it to $100 in the checkbook and then she's asking us for 25,000. So, I mean, that's kind of my I mean, if she's got some skin in the game, that makes >> my opinion on EDA to help her put some
skin in the game. But if she's basically got not much skin in the game to go, >> she can't get a line of credit though without skin in the game from the bank. >> I think they're using art of the money for the collateral of the skin in the game. That's my concern is it's she's
getting a line of credit from the bank, but the EDA is backing her up. >> So, that's my concern is and the restaurant business anywhere is a tough go with food cost and labor cost
>> and just the wrong bad week, bad weather can be tough. So that that's my question is is if she's putting some skin in the game, I'm more open to the EDA helping her put skin in the game versus, hey, I
got a $100 bill. I'm going to open a checking account. And so I mean, >> is she actually buying the business? Brian, >> she's not. She is um the initial agreement, as I understand it, is that
she is um technically leasing the um restaurant, >> the space, the restaurant, the equipment, that type of thing for a monthly lease payment. And I don't know what that lease >> does because Bridget owns the building. Correct. Correct.
>> She'd be okay with >> I don't know. I mean, that that would be my questions and as a business standpoint and kind of protecting us. Now, if she was putting $100,000 in, she just using that for a backup. Uh, it would be more okay to do
it without doing a lean on her property. >> Just I know a lot of restaurant owners in Rochester and I know it's hit or miss, especially for the new people. >> Um, I just heard uh Pondies is closing. I think they got one more year left.
>> Um, so, >> but that's that's more a lease issue there. Well, that's Mark Keane issue. I mean, let's be real. I mean, but yeah. So, um >> Well, it's up to her. I mean, she's got a a good clientele if she can maintain it.
>> And she's she's a known face in this community for years, which is huge, but running a business being an employee is >> totally different. >> We know. I mean, it's a completely different story. But I also know that somebody had skin in the game when Jake and I
were 21 years old going and say we want to start a business. And it was my, you know, our bankers who had faith in us to be like, you know what, I'm going to step out in faith and you're going to get the money. We're going to put your house on the line. And >> you did put a lean on your house.
>> Oh, absolutely. >> We're We were 21, Todd. >> Most 21 year olds don't >> even have a house. Yeah. >> So, you know for a fact that she owns a home. >> Yes. >> Yeah.
>> So, I mean I think to protect EDA >> Yeah. as a whole, we have to guarantee something >> is my opinion. I mean, and we need a restaurant. We need to keep these restaurants,
but if something goes, COVID comes back or we get two weeks of blizzards and you get two weeks of no income or very low income, that can put a hamper when you're paying rent, payroll, and food costs because them are the first three things they're paying. She'll have a tough few months too
probably during the winter. Mhm. >> The first view. >> Is there any way we can I mean put any type of guidelines? You only can withdraw so much per month or is that not a >> cuz I mean I hate to you know the first two months you pull out the whole 25,000
you still got March and April before the weather gets good and now you're begging on I mean without looking at financials what they have done. I mean you can't make I mean maybe they're doing 60,000 a month and there should be no way of cash flowing that. I would have a tough time believing they are. But
>> right, >> what is what is the guidelines? She just pays interest when whatever she's withdrawing. >> Yeah. So, she would she would pay interest um to the bank on a monthly basis. >> Yeah. >> And then the
>> at minimum. >> Yep. >> Yep. >> Yep. Yeah. Exactly. Ideally, she would borrow it and repay it and use that >> principal and interest at the same time
>> at the use that cycle numerous times every month. >> Yep. >> And then and that's where she may need some guidance um on that. Um but um
>> I like to think that Bridget is not going to let her fail. Unless she's ready just to wash her hands and get out of the restaurant know that we it's EDA money and we have to make sure that that is safe and secure. But
I feel like putting her house on the line if she's willing to do that is >> thatation on the home. >> What if she doesn't want to? >> Well, then it's something has to we have to lean something. I'm sure
>> there isn't $25,000 of equity in it. >> So, like I say, that's where the nuisance lean >> becomes a it's just something that doesn't allow somebody to walk away that you have to address it.
So, >> I mean, and if some reason worst case scenario, this fails and we don't get her money and that gets out there that EDA gave $25,000 and didn't do any leans. >> Anybody ask if she has something worth
$25,000? >> We already know that that's not not an option. Well, >> because I assume she's paying lot rent, right? She don't own the land there, right? I don't know that one. I mean,
>> I assume you're helping her personally the banking with that. Correct. >> With >> Annie's >> with what? What aspect are you? >> Or is this the only thing that she's doing is line of credit and really not taking a loan out for anything? She's just doing that.
>> Yep. Yep. This is it. This is This should cover her um startup expenses and if she uses it correctly and the cash flow is there
then it should never get close to maxed out. >> Can we can we as EDA ask to see a budget? I mean what she expects her expenses are and
gross receipt. I mean is that not >> you can ask for it >> because I mean and like I said I mean I don't think there's much equity in the house. I don't think she's going to have that in the house to really put a lean on it. Um I don't know
but we need to rest. >> Has she Do you know if she's pursued co-signers or anybody else that could help? Uh, that's been talked about, but no. >> Does an SBA loan do anything like that on that? >> She doesn't own it,
>> right? And she's not going to have >> any money from SBA or any other She won't get other money from EDA because she doesn't own it. >> She owns a name. >> Yes. >> She doesn't have an asset to >> Been there, done that. Yep. That's a How
long How long would the EDA funds be like hers or in this line of credit? Like when I'm >> proposing one year yep proposing one year because hopefully in a not a best case scenario, but in an
average case scenario, cash flow was sufficient that she she builds up enough cash that she doesn't need it any year. Um, maybe she needs to renew it for a year. So maybe the EDA is in it for two years,
but I would propose to only do it one year and then revisit it. >> But what if she's 23,000 in debt and has only made the princip or the interest payments? I mean, probably.
I mean, I don't I mean, I think it'd be I mean, could you offer $3,000 a month for six months and see how that six months goes? >> Well, I think there's she's planning to do some um
somewhat I don't want to call it remodeling, a refresh there is probably the better word. >> Yep. So, there's some expense to that and then there's going to be some um expense, you know, right up front to pay the vendors um for the food she gets in
on opening day. Basically, >> license and accounting work, >> insurance. Yep. Yep. >> So, >> that's going to be it. I don't know. I've also recommended that she um spend
some time with the Small Business Development Center in Rochester to get an understanding of the of the financials. It's obvious after working there for 20 years, she probably understands most aspects of operating that business.
But I that's probably one that's needs. >> Does she understand all behind the scenes? you know, the insuranceances, >> right? >> That's what I mean. But working with SBDC >> to put together a budget to >> work with her on a, you know, maybe for
the first three months of operating to help her look at numbers and, you know, make sure she's using QuickBooks or something like that to to have those numbers. >> And like you said, hopefully Bridget just doesn't
say I cannot just picture Bridget leaving her high and dry. Not after however many years she's been there. >> Y >> but yes, Bridget does want more time with her family. >> She not leaving. >> She's been there what 27 28 years,
>> didn't she? I think she just had her 25th >> anniversary party or something recently. So, >> well, it's been past precedence here for these types of loans. >> Well, we this EDA hasn't had a lot of precedents to fall back on. There's
other EDAs that would do this on an unsecured basis. >> Just on an unsecured basis, just based on what Kurt's saying that we want to make sure that that restaurant stays operating to see what the success rate is out there. If you take 10 communities that
have done 50 something like this unsecured, what is the success rate on I mean which >> without doing the research. There you go, Kirk. You got some research. All right. Report next month. Well, things happen and you got to take
some risk, I guess. I know the bike shop in Redwing just closed and that they had gotten some money >> from the downtown association. >> How many years were they open? >> I don't know. >> I mean, is it two or three or is it 10 or 12? I mean, you know that. Okay.
>> I guess that investment didn't work out for the downtown association. >> Be interesting to see how that hole was wrapped up. Was there was uh some collateral or what the dollar amount was too?
>> Seems like we get a lean on something. >> This would be one to make sure they get their money back, right? That's that's what the biggest issue is. >> My question is going to be >> at least reduce our risk a little bit. if we could get even half of it back if
it really fails, you know, at least we're not losing everything. >> And she's taking a risk by going into business. But >> so >> I would just hate to have her use 20 25,000 in the first month or three because she's remodeling and you're closed for a month and don't have an
income or a week or two >> and now whatever hiccups life, whatever happens. And >> we got new law in place for that, don't we? 88%. >> It's money.
>> But if you haven't started work, you ain't gonna I mean, yeah, >> she can. She's probably eligible for unemployment. >> What do you need from us, Brian? Just >> um just um if the
board is so inclined to approve it, um would >> what conditions? >> Yeah. And then Kurt and I and and um Kim would work on the details to make sure that the EDA's paperwork is
um correct and then >> once those dollars get >> m January and okay it then or >> well I think she's got to know >> we'd have to know before that. >> Yep. She's got to know because she's taken over January 1. So if she doesn't
have this line I don't know. I mean she's probably gonna have other options, you know, a private investor or something like that. But >> is there any way to get an idea what the value of her home is, what what the lean value could be?
>> I think there's >> without investing a ton of money. >> Yeah, there probably is. But I'm not sure. I mean, we've if it were >> like you said, that's more of just a I don't I don't like you said, it's you
have it, but just for the sake of having a lean. Not that you're going to >> I don't call back on it, but >> Yep. >> kind of a short notice to get it to us to make a decision in literally two
weeks. Correct. Well, it's been out there for a month. December 8th, >> a week and a half ago. >> So, >> but I mean that's still short not a month before. >> So, you're saying you're telling me the lean if she defaults on the loan. If she
can't pay the loan, um the lean does doesn't do us any good. >> Doesn't do you any good until that asset gets liquidated. >> She just paid that feed eight days a nine days ago. She turned around.
I don't know. >> Okay. So, what happens if the EDA goes for it and she completely tanks and we lose $25,000? >> That's the worst case scenario. >> It is. >> That seems to be what the mayor is most
concerned about. 100%. And >> I think the city has spent dollars on other things that maybe weren't great investments either, but I feel like keeping a business in town is like our main job. >> And I agree with that 100%. But now
you're talking one individual. >> One business. >> One individual. One business. That >> looks like you're going to be eating at Bridget's or at Annie's five days a week. But it is it is especially important
since we're wanting restaurants and uh I think the covered bridge or the coffee mill is going to stay there until they find a buyer, but who knows? I mean, anything can change.
>> My take on it, >> I certain and that's why I brought it up right away. risk to the EDA. The bank in this situation does doesn't have a lot of risk. Um I'm retiring from the bank, so I'm not going
to be involved in this. So, um I'm trying to just look at it specifically from the EDA standpoint. And the fact and and you mentioned SBA. If SBA were going to be involved in this, they would
look they would weight this very heavily on the experience. >> Run that by me again. >> Experience experience. >> But she's been there 20 years. So I mean she at least knows it versus >> Yeah. Yeah. >> somebody walking off the street that's been in
>> it to run a restaurant. >> Yep. Exactly. Ryan, is there a way that you know for our not our grandisement, but is there a way we can build in with the bank that we would I mean, we're kind of going in partners
with with with an in this situation in order to do this? >> Very much so. >> And I'm not looking for a weekly update or monthly update, but a quarterly. I mean, I think if we're going to do this for a year, I think it's reasonable that we should have a feel for how this is
going. And again, I'm not talking about details, but there's a $25,000 line of credit. I don't I think it's reasonable every three months we get a average balance of it that she's accessing. Would that be possible? >> I think that's very
um what's the word? I think that's very prudent. I also think that part of that should be some sort of report from this that she's worked with SBDC to >> think that should be kind of a requirement for this loan.
>> I mean we and I get what you're saying Todd but so everything but is a lie. I get what you're saying and um I don't think we can to Bob's point carry on about the lack
of dining options and then when we have an opportunity to keep one not take a serious look and support it. >> The support is not that I mean it's not the issue. The issue is, are we going to
lose $25,000? And >> and and >> and I would be better if it was let's do 10,000 for the first three months and see where we're at. >> But the first three months is when she's going to need the mo the bulk of her line of credit. >> I mean, how is this different than the
loan we made to pay? because we're improving his property. He has a lean on he owns the he owns the Got it. That's fair. >> What was your proposal to Blue Duck? Do you remember
>> Blue Duck was looking for a loan? >> No. >> No, not a loan. >> They were looking for a grant. >> Grant. >> I should say that. Yeah. Free money. >> Loan. They wanted money. >> Never got into operating them anything. >> Pardon me. >> Never got into offering them anything. >> They only wanted a grant. Yep. They
weren't interested in Yeah. They weren't interested in anything else. >> They just wanted They wanted 50,000 to put that hood in. >> Yeah. And what was the opposition to that? >> Um, >> we don't really have grants to give
away. We have We have like low or low interest loans, but we don't just have money that we can >> That's what we're doing here. And that's what we're doing here. to be paid back though. So, in a sense, it's a it's a loan. It's not free money. It's not
>> Ann's just to keep. That's not coming back to us. We're giving it to her for a year and then after one year, she's giving it all back to us. the the way that I proposed it's you know I don't know if we're going to go in this direction or not but if it's
approved she would get an interest rate um from the bank on that deposit and my proposal was that would be a similar rate to what the EDA would charge her so she would not have a cost for that 25,000 but the
EDA would still make a little bit of money from interest her cost, interest cost is going to be to the bank for the line of credit. But again, the bank's going to treat her a lot better because it's cash secured than it would if it were some other type of collater.
>> Yeah, that was my other like the bank isn't going to bury her in interest. >> Exactly. >> Correct. Right. >> That's the EDA. >> That would be the EDA portion. The bank would probably be 2% more than that. So 3.4 or something like that. something
in that range, >> which is in a phenomenal rate right now on the line of credit. >> Yeah. >> I just wish we had more time to get some more questions answered because obviously we obviously all have
a lot of different questions on the situation. For that business to stay open and keep it thriving in downtown is by far my number one priority. At what expense or what gamble do we want to take for that?
>> And what questions do you want answered? >> What is her first six months of operation? I mean, is she going to remodel and be take ownership of January 1 and she's closed for the first month to remodel? I mean, my my opinion, if you have a restaurant and you're not
coming with much money, I would open up because you can still function and run because it is today. Mhm. >> generate income once you figure out the basis, remodel, paint as you go on the weekends. I mean, stuff like that versus
let's take the 20,000, let's buy this food, let's remodel, borrow it all, and open the doors January 20th and hope it goes. >> We know the answer to that, though. I feel like I have read this information somewhere that she had a plan to close for a week to do some painting. I don't
know, probably a deep clean and bang. I I assume that or would presume that she also is thinking I don't got a whole lot of time here. The quicker I can get up and running and moving the better. But yes, >> and I have not seen anything like that. So I don't know. >> So obviously it didn't come from you.
>> I've heard that too, but I I don't know. I'm not >> you like me to ask and >> No, I mean I I'm I'm just stressing or voicing my opinions on this matter. >> What else would you like to see?
>> I mean because painting and remodel, I mean it's operating now. It's working fine. I would want to get some money coming in >> before we start doing them remount. Yeah, it does need to refresh. Yeah, it could use this. Yeah, could use that.
But starting a new business and asking for 25,000 with no skin in the game, it could be could set us up for a gamble. So, just knowing some of the logistics
of what her idea, her plan is to opening >> is that >> and she just filled this out on the the 8th of December. So, we're a month before she takes ownership and now she's asking for 25,000. So, then you have questions on that, too. Or I
>> Is that is that the ADA's mission though to get that deep into how a business operates or is going to operate? >> If you have no collateral, maybe if you have collateral, maybe not.
I mean, whatever. I'm just voicing my opinion >> and but obviously we have the clock is ticking because she's taking ownership in >> 14 days or whatever 15 days. >> She came and got this on Friday after I spoke to Brian. She turned it on Monday.
Granted, she didn't fill out a lot of on the application. I still don't think she had information. She's pretty anxious. So, should do we vote to move forward with it to draw up a line of credit,
terms of a line of credit or do we wait to see what her plans are? What would you like to do as a board? >> Well, we don't have a motion on the table yet. So once somebody makes a
motion, we'll probably have to approve or amend or deny a motion. >> Well, and typically when we've had these requests, we've got a loan committee, right?
>> Right. >> And that loan committee would have potentially renew reviewed this and brought a recommendation >> to the next meeting >> to the next meeting. But based on timing and those types of things,
you know, um, >> can the EDA act without having a a full meeting like this? Can we act based on email communications with all of us? >> What do you mean by not having a full meeting? >> In other words, can we can we take action?
>> We have a >> Yeah. But if I was asking if we don't do it now, right? So you're asking >> Yeah. the next week or whatever. >> I think you have to call a special meeting quick to vote on that in person. >> I don't
>> I mean I think that's what we have to do. We've done that with council a couple times on a couple issues over the years, but it could be different with EDA. But I mean, >> we have on something specific example BCC and email
yes or no >> is the option to reduce the risk. Can she get by with 15,000? >> I don't know. You know, that kind of gets at what the mayor is saying is that we don't know necessarily what that business plan is and how those dollars
are going to be used. But >> have you as a bank seen a business plan? >> No, because the >> she's not taking a loan. I mean, >> sorry. Can I This is a public meeting, you know.
Can I just be really arrogant? If it was Well, I'll put I'll put you on if if this was you doing this, we wouldn't be having this conversation. She just doesn't have a lot, right? >> But, but the loans that I've had to take for my businesses, I don't know, you have to do I've had to fill out paperwork after paperwork and have had a
loan committee review it. And I mean, when I started, I didn't have money. >> Understand, Brian. If she went to the bank and answered this, she wouldn't get it right. >> Correct. I mean, let's just be honest. We're a >> lender of last resort at this point. >> The bank would need to have some sort of
sufficient collateral. >> Yep. And there ain't none. >> That's correct. And that's kind of my concern. >> Yeah. So, then the question for me comes, are we going to take a chance on a 20-year employee at Bridget's? I mean, I I'm I'm guessing she's been there 20
years. She's been there at least 10 12 because >> I think I heard day one she was there >> probably she was there when Paul was working there when my kid was >> yeah I this is a risk you're not wrong I am leaning towards giving this person a
shot if we lose 25 grand that's shame on us um >> it'd be a bigger shame if if uh we didn't do it and bridges closed >> exactly >> I think we'd we'd hear that too And I and again I um I drive by there every
morning on my way to work Tuesday through Friday St. Cruz and that front table politics that I wouldn't agree with. That's okay. >> I >> that's okay. R and and so I I'm you know
I I'll make a motion that we move forward and we can respectfully disagree and you're not going to hurt my feelings if you choose to vote no. Mr. Mayor, uh, but I would put a contingency on there that I would want to I want I want to know what's cooking with that account. I
don't want to get to December of 2026 and then all of a sudden it's been to learn then it's been maxed out. She's for since since I make it February 15th and she hasn't been able to access any of it. She's just servicing interest only. Then we've got a problem.
>> But what do you do in three months when she's using 25,000? What can we do? Nothing. Correct. If we don't write it. So, I mean, >> sit in a restaurant and order some food. >> Get all your friends together. >> Go have your meeting there. I wonder
Dave if in alignment with your or your motion if uh if we could u with our approval up to 25,000 if the loan committee can investigate some of this and get some more detail and make sure
you get the best possible agreement with her. I don't know if you got time to do that. It's Christmas but >> it's tough tough. My guess is that she's already tried that a little bit at the bank and the bank already knows the
situation and hasn't or won't. That's why they're coming here. But >> but we I don't know that the bank knows what her intents are. You know, if she's closing for a month, I would agree that's an issue. But if she's just going to try to keep it open as quick as she
can, clean it up a little bit and get going, that's reasonable. >> I have to be very careful about confidentiality. Yeah. Um, but what I can say is there are certain stages in the approval process with the bank as you well know
and I call them hurdles. And if you can't get over the hurdle, underwriting stops. >> Y. >> So when collateral was a hurdle that couldn't get over, underwriting stops. So, a lot
of those questions you're asking are legitimate questions, but the bank, myself, >> they stopped because they >> we're not not aware of them. >> Yeah. And you're not I mean, I was born at night, but wasn't last night. >> You sure?
>> You look pretty young. >> Pretty young. >> What's your motion then? >> I'll forward it to move this along. I'll make a motion that we uh approve a loan to install for up to $25,000
contingent on uh EDA being provided regular updates and define regular I don't know I don't want this to be a monthly thing I think three months quarterly updates >> quarterly updates
>> and and I'll I'll take the heat for it if it falls apart And >> so let's say month three and you don't like the financials or the situation or the rumors. Can we stop and say she's only borrowed 20? Can we not give her the other five?
>> Is that a term you put on the line of credit line? It's not >> Yeah. >> Y >> I mean I've had it >> be difficult. >> I've got a $5,000 line of credit at the bank for a year. Yep. >> Again,
>> or or abuse it >> or abuse it. Yeah, that's fair. >> The key is if she's still in business and and she's paying the interest, which is not much, but >> but if she's open and paying the interest and and still trying to make
it, even if she maxes out, I guess, >> you know, >> she's got a year to it. What happens at the end of a year? Is it payable? I would I would say that at the end of a year hopefully, you know, the worst or best case scenario is the cash flow
supports not needing a line of credit or needing a reduced amount. Okay. So then the EDA has to decide are we willing to renew it for 25,000 or willing to renew it for 15 or 10 or whatever because she's hopefully paid for those one-time
expenses and it's just an operating line. very much an operating line of credit. >> Yeah. >> In year two and not a >> Well, hopefully she needs a new grill at $6,000. She's only got three. Takes a line on credit. I mean, yeah, >> that that's what I'm hoping for. But
starting a new business and not the information, the lack of information we've gotten sitting here is what concerns me. >> Yeah. and and knowing from the bank standpoint she hasn't gone through the process that's what concerns me the
thriving of downtown and the business and the restaurant I want to do what we can help >> well it'd be different if she was open up a brand new restaurant >> 100% that would be a whole different >> this is existing so it's ongoing and it's successful apparently I don't know
>> but you get a business you get a restaurant entrepreneur from Rochester that wants to open a bar and grill downtown that's been in the restaurant business for 20 years but not in Zumbroa. We'd probably do the same thing we're doing for an >> but we've never had a bar and grill open in town to know how it's how it would
serve our customers. But we have this existing business in >> town% but I'm just saying we always preach that we need more restaurants. If a brand new restaurant comes in, a bar and grill or a dinner place, we're going to help them.
I' I've told Natalie Victoria other times to come and check out some Yeah. >> I'll second Dave's motion. >> Um, further discussion is pertains more just to me and potential conflicts of
interest and that type of thing. So, should I be voting on this or should I be abstaining or what do you think? >> Depends on how the vote goes. if you need a vote. I mean that's I mean >> well considering as you are retiring
before she would actually receive any of the money. >> Are you retiring by the end of the month? >> Yep. >> Yeah. >> So I don't think you have that four months ago. >> I didn't know a date and time. >> Oh yeah. >> I knew he was retired. I just didn't know a date and time.
>> Did you get a letter from him? >> I did not. I see where I rate. >> Yeah. >> And I gone through the process. >> You're getting a different one. >> You must not own anything. >> You didn't get a letter. You must not
know. >> But I mean, we're breaking confidentiality. But I know I know you confidentiality. >> I owe you a lot. >> Dave with a motion. Lindsay second it vote. >> Any other discussion?
>> And you got the quarterly update. >> Yep. Quarterly update >> and and I like the idea of you know Bridge is going to be a good mentor to her. I I believe that but get involved
to force her to work with >> Yeah. Small business. >> Small business. >> But it would also been nice to have her here too. I mean I mean I think you're asking some money for we could have thrown some questions at her which is >> Was she invited? >> No I invite her
>> but it's an open meeting so I mean >> but I think she would have come if we would have thought about inviting her. So, I like I I like the fact that
we're looking at moving something forward with some conditions with potentially a secondary review by our loan committee. So, but still being able to meet the
deadline as short as as it was. But we go to the low committee, we get to the 26th of December and we find out she's got 14 collections and this and that. >> Can we pull the plug and not allow it?
>> I think that I think um >> James Brian >> Kim >> Yep. You're on it though. Yeah. >> I mean, if they see any red flags, I would hope that they >> That's what we're supposed to do. Report
back to this group. >> Yep. >> So, to answer your question, I think you should be able to vote just >> Okay. >> because you will be done. I mean, >> plus you also know a little more information. Some you've told, some you haven't because of confidentiality.
>> Y >> So, I'm okay with it. I mean, I don't know. Everybody else is opinion. >> I'm fine. Okay. >> All right. Let's go to the motion. All in favor? >> I >> oppose. >> Nay. And I'm just ning just >> the facts and
>> not enough information. >> I think we're all a little uncomfortable. It's just >> the collateral issue. I would had no problem with it, but >> Yeah. Okay. So, um
>> I think we need to report to her and say, "Hey, it passed, but we got to go through our committee >> and we want to review this and this and this. I know we got 15 days." >> That's I was just going to ask Kurt if he if he wants to communicate that or if he want me to. >> Yeah,
>> we would you mind doing it? I can, but yeah, been speaking to her. >> Yep. No, I um and I'll try to get up meeting set up next. >> All right, just do it this Friday. >> Do it this weekend. >> Get this weekend.
>> You got two days. >> Yeah. >> See how fast you can organize three other people. Kim works here. >> She works on Fridays. >> I'm not here, >> dude. Guess what? >> Tomorrow. >> I'll call you at noon for information. >> We'll see if we can get the so we get
the meeting going. >> Yeah. Yeah, hopefully like next Monday or something terms of >> Yeah, I what I'll probably do is uh I'll probably stop down tomorrow and you the three of us at least you and I and Kim
can maybe knock out what we think it's going to look like. >> Okay. Okay. Hey, new business part B is Smith donation. >> Yeah, we every year uh and this would be a yearly
contribution of $1,250 to the Smith endowment which helps some helps other small communities with a variety of things. >> Is been our standard to do this? >> Yeah. Yes. >> Thanks.
>> Second. >> All in favor? >> I >> I opposed passed. Uh reports up a update KB Apartments. >> Yeah, we're getting down there with KB Apartments. Uh as you can see in this
map, the small city lot is still owned by the city. So, that has been sold uh to code Bartman. It went to the planning and zoning commission and they have accepted this for $3,600. Uh it will then be reszoned in January.
They're having a public hearing for the reszoning of that small lot and then possibly Katie will start demolition in the month of December or January. But that should bring most of if not all of the public
hearings to an end for Bartman. I'm saying that because we've never know, but as of now, that's what it is. >> So, essentially, all the land back there now is going to be owned by them. So, there's no public land for parking.
Even though they say they're going to keep it public, there's nothing to guarantee it. >> Is that written in the >> Is it written or something? >> It's supposed to be in the development agreement. I haven't seen anything. I'd like to make sure we don't lose public
parking. Well, the parking in the alley is for >> I know, but they don't own all the land. They can someday say, "Hey, it's our land. Nobody else gets to park here." >> Yeah. >> It's supposed to be in the development agreement, so that doesn't happen.
>> Yeah. That'll be done. >> The city moves on these things and doesn't talk to us about it. We didn't know this was going to get sold. It was never brought up. >> Well, that was always a part of the apartment building. I didn't I was under
the impression that wasn't being sold either. >> Exactly. >> That there was that there was just a portion of it that >> city wants to stay out of trouble. They better start opening up to the community and this stuff happens behind closed doors and uh it's not right.
>> But this was at planning and zoning in a public meeting and they had a public meeting. No, I own a business right there. I didn't know about it. was supposed to. I don't know. Yeah. Okay. Anyway, there's nothing we can do about
it, right? It's passed. It's sold. >> Make sure that there is that language in the development agreement that that remains public parking. >> How are we going to know that, Brian? Nothing ever gets shared. But we have meetings, public hearings. I
mean, it's all advertised and nobody shows up. So, I mean, >> I was here when we talked about this what they're going to do in the alley. Killer >> and it was talked about on all that. >> It was this was not >> that wasn't but it was publicized that
this was coming to planning and donating for a public hearing. >> All right. And I will check in the development agreement, but yes, you are correct that they said that is going to be along that alleyway >> angled and it'll be approved.
>> So, I will make sure that is still doing. I have not seen the finals of that, but I know that has been discussed and I know that has been your concern and that's one thing that I will make sure that is taken care of and or a year down the road and now they start clamping up. No, no, you're not doing
that because of whatever. So, that will be discussed. Well, Brian Brian said if it's in the development agreement, he said at a public hearing if it's in the development agreement, they agreed to it. It's permanent >> 100%. So, and I just like >> that's what we need. >> All that stuff is between the engineers
and I don't get into any of that development agreement, >> but I do know and I do stand behind you on that that is all public that they can't say it's Keller Bartman tenants only on that alleyway. >> Okay. Appreciate that. Thank I mean, and
that's always been I mean, we could talk for hours about this land and where it's at and the condition of it. If you want to have a private conversation, I I would love to. >> But I'm just I agree with you. We do, it's been discussed that that will stay
as public parking or there won't be any signs Keller Bartman tenants only. It'll just be parking. >> Okay. And then if we come to a different issue where it's not tenants, it's your tenants or somebody else tenants parking
there, we might have to allocate a couple. But yeah, I agree 100% of what you're saying. And >> the parking, you can't really allocate it to anybody necessarily unless it goes handicapped or something. But the key is that it remains open to the public
>> in the alleyway. >> In the alleyway. Yep. Appreciate that. If you can follow up on it. I got it. It's written down right here. >> 8B tier 2 housing grant. >> Tier two housing grant resolution was passed by the city council on December
4th. Uh the resolution acknowledgement of the city being awarded the grant. Uh the grant will starting in January uh we'll start having meetings on how to access that money. Bob will be a big part of that as well.
Habitat. >> Is that the windows and roofs and siding? >> No, this is >> this is specifically for Habitat. >> Kurt and I worked on it to get some Habitat homes in town. One or two maybe. We'll see what we can do
with it. >> And then 8 C the Zabel Zable. >> Yeah, you know you want to say it. Zabl meeting on the 11th >> chamber of commerce was spoken about quite a bit importance of that um
they're looking to regroup set goals and having a merit a meeting in January which will be at um nature's grind and one of their top priorities is Berg's Auto on Maine Matt wants to move from that spot um but
that's one of their top priorities is trying to figure out if we can get him out of there and get him another spot and move on. >> I'm supposed to be part of the the I don't know what they're calling it, but they they wanted to have a core
committee and I'm supposed to be part of it with Todd and Brian Hogan. Hopefully, we can get a couple more people involved, but I've asked for a meeting with them because uh they've talked about this chamber and our last meeting was all about promoting kind of like we talked about tonight. And uh that's
pretty much what a chamber does is promote your community. Uh and they're in favor of that. At the same time, Zable, it seems like there's a faction of Zable that wants to also promote and which is fine, but I just
want to make before because I said I'd pursue the Chamber of Commerce. Um, I just want to understand what their intents are and what they would like to do and make sure we're pulling the rope in the same direction. >> Yeah. >> You know, so anyway, I haven't had that
meeting with them yet. So, we'll see what they want to do. >> Okay. If there's nothing else, we'll adjourn. Sounds good.