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RHRA Meeting Minutes – Monday, August 29, 2016 Page 4 Ingram noted each developer would bring forward a specific situation hoping for negotiation; but if the REDA stated their minimum requirement was for creation of ten new jobs even before the developer came before the REDA, the city may lose developers with quality projects. Member McGehee stated she had put a 3-4 job range, but agreed to move to the creation of one job based on tonight’s discussion. However, Member McGehee stated she wanted to ensure jobs were permanent or long-term and that this message came across clearly to staff and developers. President Roe agreed that, while the statutory language set a minimum number for job creation, the REDA had other criteria in their policy that defined the types of jobs it was interested in creating. Ms. Kvilvang noted, under this category, the REDA could define a time period for the developer to keep jobs in place (typically five years) or they would be required to repay a portion of the subsidy provided by the city that would be returned to the REDA. Member Laliberte stated she didn’t feel rigid about the creation of ten jobs; and for discussion purposes, expressed appreciation for the comments of her colleagues in not needing to make a number of exceptions to the policy. Ms. Kvilvang reminded the REDA that they were creating a policy, not a law or ordinance, and therefore could deviate from that policy. While the statute allowed for the REDA as a governing board to state their preference, Ms. Kvilvang noted the REDA could deviate or change that policy at their discretion based on specific projects. Member Willmus put forward a suggestion to tie the REDA policy to creation of a minimum of three jobs; with agreement from the Board without objection. Value of Subsidy Per Job Created Ms. Kvilvang stated Ehler’s proposal was that the REDA not limit subsidies to a per-job amount. Member Etten agreed with the advice of Ehler’s based on their expertise, opining it was better not to tie jobs specifically to subsidies, with other criteria available beyond jobs. Member Etten noted limiting subsidies to job creation could hold back some preferred developments. Member McGehee stated she thought the REDA should seek some good paying jobs, but agreed to yield to the experience of Ehlers. Member Laliberte advised she didn’t comment on this in the survey, as she was seeking more discussion as tonight, and found it helpful.