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<br />Mr. Winer stated that a staff recommendation had been prepared for EDRSTB consideration based on <br />statutory criteria and EDRSTB policy. Ms. Riganti reminded the EDRSTB of on the use of the sales tax per <br />the City’s Ordinance. The staff recommendation was weighted from the Board’s criteria and ranked the <br />applications on a three-point system. Ms. Riganti indicated that the EDRSTB would be making <br />recommendations based on anticipated available revenues of $550,000, which meant that some requests will <br />need to be reduced or eliminated. <br />Other Business, Public Comments: <br />Mr. Edwards, representing Loop Special Business District, 6504 Delmar, President of Loop Special Business <br />District, endorsed the recommendation for Loop brochures and Directory, and Loop Ice Carnival being funded. <br />He would like the tree grate improvements to occur, perhaps funded by general revenues. . He strongly <br />encouraged the EDRSTB to recommend funding the “Welcome to the Loop” sign. <br />Ms. Deborah Henderson, 6124 Victoria Avenue, spoke on behalf of the Midtown Farmer’s Market. She spoke <br />of the benefits of farmer’s markets and her experience in the City of Clayton. and the need the farmer’s market <br />to be supported. Ms. Henderson stated that her if her request was not fully funded, she would like the <br />EDRSTB to maintain the $21,000 they received last year. <br />Mr. Kevin Taylor, 7022 Canton Avenue asked for clarification on fund reserves, when used, and by what <br />criteria. He asked the Board to have a dialogue in public, to have an understanding of their knowledge about <br />the particular process. <br />Mr. Kuhlman then responded to Mr. Taylor and stated, the Board met several years ago to put a lot of structure <br />into this process, so it is not a subjective exercise, it is a scientific exercise. The Board considers whether or <br />not the project has an impact on the long-term economic impact of the city; we recommend funds. Nobody <br />meets outside this meeting. The staff takes time to take data from projects, and track existing projects. He <br />stated that the Board is trying to allocate money across the whole city. That is why they maintained a reserve <br />for Olive; they are ready to give money for someone who wants to develop Olive. <br />Mr. O’Brien stated it makes sense to him that the city keeps a reserve; as things progress it should be noted <br />the amount in the fund; it is important not to flush the account in case something comes along. The process, <br />although not perfect, seems to be working. <br />Mayor Welsch stated this was a volunteer board; she was impressed that as Mr. Kuhlman said, the process <br />has been professionalized; the rating system has been very much improved. Regarding the reserves, in the <br />past they had an opportunity to use all the reserves for property acquisition, but the City’s efforts were not <br />successful due to another favorable contract. <br />b. Fiscal Year 2017 Budget <br />Mr. Winer stated that the Board should review staff recommendations line by line and vote for each request. <br />The Board voted to approve the majority of staff’s recommendation with the following changes: <br /> <br /> Move Chamber’s Olive Link funds ($8,000) to Olive Reserves <br /> <br /> Reduce Delmar Pedestrian Lighting Project by $3k to $59,097. Add $3,000 to reserves to fund rest of <br />the lights. <br /> <br /> Increase Midtown Farmers Market funding to $21,000 <br /> <br /> Olive Reserves to be increased to $118,000. Use $3,000 in general reserves for Delmar Lighting <br />Project. Total reserves - $121,000 <br />The Board members discussed the Welcome to the Loop sign. The Board members stated that they were open <br />to funding the Loop sign and suggested that Mr. Edwards come back in November with the request, with <br />community input, a survey of people in the Loop, and more firm numbers. Mayor Welsch requested that the <br /> <br /> <br />