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HomeMy WebLinkAbout09-05-06 Community & Economic DevelopmentCOMMUNITYAND ECONOMIC DEVELOPMENT COMMITTEE 2006 Common Council -Tuesday, September S, 2006 - 6:00 - 8: OD p.m. Project Future Funding Attendance: Councilmember's Kelly, Puzzello, Rouse, Varner, White Pfeifer and Marty Wolfson, Citizen Member Others Present: Dick Nussbaum, Davie Switzer, Phil Newbold, Chuck Viater, Michael Compton, Linda Wolfson, Pat McMahon, Tom Pilot, Jan Fye, Mark Charbonneau, Jamie Loo -South Bend Tribune, Scott Tingwald, Mayor Steve Luecke, Eric Brown, Jahn Patron, Hardie Blake, Tom Hall, Jack Daly, Don Babcock, Judy Jankowski Councilmember Kelly, Chairperson, Community and Economic Development Committee began the meeting promptly at 6:00 p.m. He introduced Phil Newbold, Chairperson, Project Future, Board Of Directors. Mr. Newbold spoke to the need for investment in economic development now more than ever. He spoke of the need for intellectual infrastructure for high-tech new job creation pointing to Metronet and the Technology Park near ND as vital components. He promised improved communication and accountability between the Council and Project Future. This would include more information on budgets, goals, and "measuring sticks" to gauge Project Future's performance. He suggested quarterly reports to Council. Councilmember Varner suggested a need to develop a level of trust when public dollars are used. The Council should know the direction of Project Future. lt's failures as well as success' Councilmember Kelly agreed that Project Future cannot operate in a vacuum. Councilmember Puzzello offered a friendly amendment to the Project Future funding resolution to include quarterly reports. Councilmember Varner supported. Councilmember Rouse questioned the need for afive-year commitment through recognizing the policy of annual review. Councilmember White asked why the $10,000.00 increase? Councilmember Newbold said Project Future had a great story to tell and was anxious to do so. He described Project Future as the face of economic development activity needing resources to respond to both jab creation and retention in companies small and large rendering technical assistance as well as paths to venture capital and public partners. Marty Wolfson asked far specifics as to the number of jabs created, pay of jobs, tax base expansion, and dollars invested. Pat McMahan responded by saying while specific results were difficult to quantify he could nonetheless point to success stories like PEI Industries and the Corporate Services story. All long-term success stories. Marty Wolfson pointed out there have been few success stories lately. Pat McMahon described economic development efforts needing to have a long term strategy and long-term commitment reflecting a long term. view. In that the economy is always in transition he described Project Future's change in focus responding to realities locally, nationally, and globally as well. Project Future's focus once on manufacturing shifted to plastics, to warehousing and distribution, then to high tech, always in the process of self analysis and reinvention. This dynamic economic development process requires more communication with all sectors of the economy public and private. There has to develop an awareness that economic development is very competitive. Project Future's task is to meet and exceed the competition, marshalling resources, asking questions, recognizing we are all partners in economic development, each a role player. Councilmember Puzzello asked Mr. McMahon to expand on partnerships, specifically Metronet. McMahon described at length, the genesis of Metronet. Beginning with a recognition of the need for heavy data transfer for broadband users to serve present and attract new users Project Future worked in partnership with private and public entities to conceive, design, finance, and build Metronet. This infrastructure has the capabilities far data processing few communities nationwide can boast. A Metronet non-profit managing company governed by a representative board with Project Future involvement guides the nets use. Councilmember Varner stated that Project Future should not be involved in the management of Metronet, but restricts itself to marketing the area. Pat McMahon responded maintaining Project Future separation from Metronet each having its own governance. Councilmember Varner sees too much overlap. Councilmember Pfeifer questioned whether Project Future matches the needs of the community wondering if the city's economic development dollars were best spent with Project Future. She also questioned the diversity of the Board of Directors for Project Future reflecting gender, class, as well as race. Pat McMahon maintained the Project Future board and the network of contracts in the community does reflect the needs, views, and aspirations of the community. Past efforts to diversify have been from a business perspective. Councilmember Pfeifer stated the needs of all the segments of the community were neither represented nor met by Project Future. Pat McMahon disagreed pointing to the A.J. Wright story stressed the collaborative effort required each entity playing a role to land A.J. Wright where and when they did. Further discussion from several in the audience touched on Project p`uture advocacy against the "prevailing wage" while attracting Tondu. This opposition caused organized labor to resign from the Project Future Board. Pat McMahon reiterated the need for funding to continue the good work of Project Future Councilmember Kelly adjourned the meeting at 8:05 p.m. Respectfully submitted, Roland Kelly, Chairperson Community and Economic Development Committee