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<br /> . . I . - <br /> Director Church explained the proposed reduced staffing level, but added that this level <br /> - still includes the position that is referenced in the economic development strategy. <br /> Director Church described the funding criteria: <br /> . Does the project remove physical and/or economic blight? <br /> . Does the project/program directly result in new or increased revenues to the City? <br /> . Does the project/program create new jobs? <br /> . The economic development strategy defines new funding criteria based on job creation <br /> and revenue enhancement. <br /> Director Church asked the Council for policy direction on the following: <br /> I. Economic Development Strategy <br /> Approve this draft budget containing programs/projects ITom the Strategy, with the <br /> understanding that these items will not be implemented until after the July 29, 1996 <br /> study session; and that if any of these items are amended or eliminated, the budget will <br /> be amended accordingly. <br /> 2. Agency Housing fund 806 <br /> - <br /> Approve as presented, or amend the projects to be funded and the level of funding <br /> proposed by staff; <br /> . City Center Plaza <br /> . Franklin Street Area <br /> . Rolison Relocations <br /> . Rolison Acquisitions <br /> . Administration <br /> . Bond Debt Service <br /> 3. Agency General Fund 807 <br /> Approve as presented, or amend the projects to be funded and the level of funding <br /> proposed by staff <br /> . Tax apportionment <br /> . County parking structure <br /> . Economic development strategy <br /> . Mezes Plaza <br /> - . Storefront Improvement Program MINUTE BOOK NO. 54 <br /> Page No. 301 <br /> MINUTES JUNE 17, 1996 <br /> SPECIAL COUNCIL MEETING PAGE 12 <br />