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Regular City Council Meeting Monday,August 24, 2015 Page 24 able and approaching this discussion that way, Mayor Roe opined that it made sense to look at the possibility at this juncture. Mayor Roe agreed that there were concerns if the City Council served as the EDA, especially related to efficiencies, but opined it was up to the City Council to study it and make a determination if this was the direction it wanted to go at this time. Councilmember Etten recognized that a lot of EDA's are made up of City Coun- cils, but emphasized the community experience brought to the HRA board and general community knowledge; asking that discussions include that as a key part of future consideration. In a side by side comparison of the different ways to populate an EDA Board, Councilmember Willmus noted many variables including it being comprised of the City Council serving in the role of an EDA, some populated by volunteers or a combination; and noted a number of things to consider and review as part of this future exploration, including thoughts from staff about the what, where and when of that potential. Regarding deadlines in terms of the budget, Mayor Roe asked staff how to fit this discussion into that timeline. City Manager Trudgeon advised that there was a tremendous amount of infor- mation and resources already available, with the HRA having talked about this several years ago. Mr. Trudgeon suggested, with the three-week break in Council meetings at this point, staff could prepare information for the September 14, 2015 meeting if so directed for comparison and an outline of next steps if that was the City Council's potential way to go. Mayor Roe noted the importance of gathering information related to each func- tion, and including experiences and pros and cons of an EDA, and researching EDA's in other communities, in addition to staff's input on preferable options as well. Councilmember McGehee questioned, if during the September 14th discussion, it was determined to establish an EDA based on that information presented, what was the next step or would a public hearing be required and what all would be in- volved. If the decision was to change to anything beyond the current HRA model, City Manager Trudgeon noted that State Statutes would identify the process, including public hearing requirements, dissolution of the HRA, transfer of assets and other steps in a transition. Councilmember McGehee opined that given budgetary timing constraints, it may be prudent to schedule a public hearing now so if a decision was made on Sep-