CITY OF PEORIA, ARIZONA Lake Pleasant Conference Room Thursday January 10, 2008 A Regular Meeting of the Economic Development Advisory Board of the City of Peoria, Arizona, was convened by Chairman, Joe Hull in open and public session at 8401 W. Monroe Street, Peoria, AZ 85345 at 12:06 p.m. Members Present: Keith Dines, Joe Hull, Jack Lytle, Shelley Bade, Curt Smith, and Russ Ullinger Members Absent: David Bentler and Jay Cross Municipal Officials Present: Steve Prokopek – Economic Development Director, Debbie Pearson – Executive Assistant, Scott Cooper – Economic Development Coordinator, Steve Bleyer – Management Analyst, John F. Wenderski – Deputy City Manager, Carl Swenson – Deputy City Manager, Vicki Hunt – Vice Mayor and Terry Ellis – City Manager. Others Present: Charles Kelly, Seth Blumen, David Brnilovich, Trish Kern, and Howard Weichsel. CONSENT AGENDA Disposition of Absence: Discussion and possible action to excuse absent member, Curt Smith from the December 13, 2007 meeting. Minutes: Approval of minutes from the December 13, 2007 meeting. Motion was made by Russ Ullinger, seconded by Curt Smith to approve minutes and excuse absences. Upon vote, the motion passed unanimously. REGULAR AGENDA UNFINISHED BUSINESS: 1. Open discussion regarding the effects of the economy on Peoria: a. There have been residential development changes – prices are dropping b. Commercial development has also slowed down and may continue to over the next 18 mths. c. Theatre Works attendance has dropped d. Healthcare services still very good e. Vistancia development has also slowed – banks are having stricter qualifying rules for mortgages. f. People will still move to Peoria because of the good climate g. Sales strategies are shifting h. Small businesses are having a hard time NEW BUSINESS: 1. Discussion regarding the board’s use of volunteers: a. Board needs to follow established protocol b. There isn’t a need for volunteers at this time c. Board suggested that the Economic Development Dept. may be able to use volunteers at some time. 2. Reviewed and discussed Economic Development’s five year work plan: a. Board would like a definition of what a “major” employer is (size, salary, employee count) i. John F. Wenderski stated the Council, public, and EDAB will define the meaning for the City ii. Russ Ullinger believes a major employer should be the most high paying jobs, not the size of the building iii. Jack Lytle was pleased with the layout of the work plan ADJOURNMENT: Being no further business to come before the Economic Development Advisory Board, the meeting was duly adjourned at 1:10 p.m. __________________________________ Joe Hull, Chairman Submitted by: _______________________________ Debbie Pearson, Executive Assistant