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<br />" <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />Memo to City Council <br />Approval of Charge of the Economic Development Commission <br />October 6, 2004 <br />Page 2 <br /> <br />they would determine the financial gap (the amount that would be necessary <br />to be generated through economic development assistance), <br /> <br />4) Based on this information, the EDC would prepare a report consisting ofthe <br />information that they have received and a recommendation (supported by <br />policy statements) to the Council ofthe question outlined in the beginning of <br />this report. <br /> <br />The EDC is prepared to begin this work immediately and have tentative meetings <br />scheduled for October 20th, November 3rd and the 17th. It is assumed that the EDC will <br />need at least three to four months to complete the assignment as presented. All meetings <br />will be scheduled from 7:00 a,m. to 9:00 a.m. <br /> <br />\lEarth\PlanninglMisc FileslEDC\councilcharge info,doc <br />