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ECONOMIC DEVELOPMENT CORPORATION
April 8, 1985
Inasmuch as there was no quorum for the regular meeting of April 4, 1985, the
meeting was adjourned to this date at 6:30 p.m. The meeting was called to
order by Chairman of the Board Tim Leahy.
Present: Board Members: Tim Leahy, Tom Bailey, Berne Biteman, Leo Powers
Officers: City Attorney Steve DiJulio, General Counsel
City Clerk Marie Jensen, Secretary
City Officials: City Administrator Dick Cushing
Also Present: Terri Shuhart, Secretary to Dick Cushing
BUSINESS AND INDUSTRY SHOW
Cushing noted that the Business and Industry Show would be held at Kent
Commons on: May 2, 1985 - 3:00 p.m. - 8:00 p.m.
May 3, 1985 - 10:00 a.m. - 8:00 p.m.
May 4, 1985 - 10:00 a.m. - 4:00 p.m.
Speakers participating at the panel at 10:00 a.m. will be Todd Cromwell of
HNTB; Penny Peabody, Executive Director of King County Economic Development
Council ; Daniel Cudaback from the State Department of Commerce and Economic
Development; and Clarence Smith of Flow Industries.
William Kennedy, Vice President of Uplands, will be the featured speaker at
the luncheon and his topic will be "New Directions in Economic Development"
with the focus on Kent. New statewide initiatives proposed by the governor
will also be discussed.
Cushing noted that the workshop and luncheon would be sponsored by the EDC and
the City of Kent. A City staff committee has been working with the Chamber of
Commerce developing information to be used in the City's booth at the fair.
It was pointed out that seating at the luncheon will be limited to 80.
Terri Shuhart noted the following plans for the fair:
5,000 EDC brochures entitled "Consider Kent"
Give-a-way buttons showing a hot air balloon with the slogan "I 'm High on
Kent"
Placemats for the luncheon with the same slogan
Hats from the Fire Department
Day care for children
Development brochures from the Building Department
• "Guide to Services" booklet from the City Clerk's Office
Community Profile brochures from the Planning Department
Brochures from Police Department, Public Works, and Fire Departments
Voters registration service from the City Clerk's Office
Blood pressure unit from the Fire Department
Computer trivia game with questions about Kent
Slide show
Food service to be provided by Rick's Americana, Mexico Lindo, and a pizza
restaurant
City staff will man the booth and will have a fact sheet about Kent available
in order to answer questions from the public.
The following costs to the EDC were presented:
Printing - Development Brochure $ 1 ,000
Printing - Green Guide to Services 800
S Booth 29000
EDC Brochure 1 ,600
Buttons and placemats 1 ,250
Quarter page ad in special section 247
Total $ 69897
It was determined that the Corporation has $19,000 on hand. DiJulio noted
that the Corporation does not have major operating expenses and that the
projected revenue is a minimum of $5,000 per year. It was pointed out that
seven EDC applications are now pending.
Shuhart noted door prizes will be given by the City consisting of four Parks
and Recreation gift certificates of $50 each. The Chamber of Commerce will
also offer door prizes including a trip for two on Horizon Airlines. Approxi-
mately 76 percent of the booth space has already been sold, and it is esti-
mated that 25,000 people will visit the fair.
Upon Bailey's question, Powers noted that it is expected that the manufac-
turing and industrial community will participate next year. He pointed out
that the Chamber of Commerce has grown extensively over the past few years and
that there are now 800 members.
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Bailey moved to approve expenditures from the EDC funds in the amount of
$7,000. Leahy seconded, and the motion carried.
Powers moved to approve EDC minutes as follows:
Regular meeting of January 3, 1985;
Special meeting of January 10, 1985;
Special meeting of January 17, 1985;
Special meeting of March 14, 1985;
The next meeting is scheduled for 7:30 a.m, on May 2, 1985 in the second floor
conference room. DiJulio noted that it is possible that the Northwest
Aluminum and Brotherton-Pleas applications might be ready for Board action.
DiJulio noted that Jim Jameson from the Bellevue Office of Peoples Bank had
informed him that Peoples Bank is willing to hold the IRB bonds for their own
account which is an advantage to the applicant. Rainier Bank will do the
same. The meeting was adjourned at 7:00 p.m.
Marie Jens , City Clerk
Secretary to the Board
34C-IC
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