2021-02-17 EDA Packet - Laserfiche WebLink

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City of Centerville EDA Minutes January 20, 2021 Question 4: Mr. Remillard stated that daily interactions with business owners gave him insight on the concerns of business owners. He felt that as a Centerville business owner, he had a vested interest. He thought that to take insights and provide recommendations would be a natural progression for him. Question 5: Mr. Remillard stated that he once worked for a large money manager in San Francisco, where he and four other financial advisors came up with a new investment strategy that targeted different clientele than their business was currently targeting. They were asked to come up with a business plan that included entering the market, a fee structure, and bear strategy. The team consisted of several strong personalities with different ideas and opinions, and they worked every night after work plus weekends for several months to put together a program to present to the investment committee. Their plan was approved, and it is now worth over $50 million in assets. Question 6: Mr. Remillard asked what the biggest obstacle for growth is in 2021, outside of COVID. Discussion took place regarding various things the commissioners viewed as obstacles, such as a limited budget, land, affordable store fronts, and attracting businesses to the city. b. David Kubat Question 1: Mr. Kubat explained that he grew up in Minnesota and attended law school here. He had served in the military, and is a practicing attorney in a law firm. He was the president of a Rapids until he moved to Centerville in August. He is looking for a public service opportunity. Question 2: Mr. Kubat did not see any issues with being able to attend meetings. He had never attended a meeting previously, Question 3: Mr. Kubat answered that he would learn from past precedence, and the advice of other commissioners. He also hoped to provide new perspective. Question 4: Mr. Kubat stated that his job every day was to consider put them ahead of his own. Question 5: Mr. Kubat stated that as a partner at his law firm, he met with other staff every day to make decisions, and he felt that the process was as important as the decision itself. Question 6: Mr. Kubat asked about the length of the term he would be serving, and whether or not he would be expected to serve as treasurer. Executive Director Statz stated that the term was up in August, and at that time they may either open the position again and go through another interview process, or ask the city council if they would like to reappoint the person in that role. Mr. Statz also explained that most duties listed in the bylaws were performed by staff, and the role was to act as a check signing authority. Page 4 of 8