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He said he understood that staff was of the opinion that while the work had been completed, it had not been embraced across the board as City policy and had not been included in the economic development strategies. He said other communities had adopted sustainability as a major component of doing business and had done so very systematically and very comprehensively. Mr. Bowerman said the activities of other communities should be considered. He said the Mayor's Committee was not forging new ground while at the same time the City of Eugene was not so far behind that it would not be able to join those who were working at the cutting edge of pressing issues in our culture. Mr. Kahle asked if the City's adopted statement of intent related to'practices for City departments or was designed to apply to the types of businesses we were trying to attract. Mr. Bowerman replied it was not specifically oriented to the committee's charge. Mr. Bowerman reviewed the sustainability principles he had referred to. Ms. Teninty asked Mr. Bowerman to provide some examples of Principle 7. Mr. Bowerman replied that the real question when expending public resources for economic development was: do we do so in such as way to get a quick bang for the buck that does not deliver over a long time, versus something that might cost more up front but delivered long term results? He added that it was essential to develop criteria and establish methodology to gauge the success of the criteria,' and to avoid arbitrary and capricious decisions. Mr. Rexius asked how an acceptable and/or sustainable business was determined, what did sustainability mean, and who would decide? He said he felt it was the job of the committee to develop policy and not to decide what was sustainable. Addressing Principle 6, Mr. Re'voal said skill level needed to be addressed when considering wage level. Ms. Teninty said she understood that any business would do what it wanted to do, but she felt the principles were relevant to the scarce public resources in economic development. Businesses would be supported that did not create another need for public support, such as food stamps, because employees did not earn enough money to support themselves. Mr. Goldsmith said given the vagaries of sustainability as a concei3t, it confirmed the conflict that existed in the community addressed by Mr. Bowerman. He added that susyainability represented a vague set of ethics that formed the focal point for many discussions in the community. Mr. Wanichek said his principles were different from those proposed by Mr. Bowerman related to sustainability, pay scale of at least two times the minimum w~tge level, and the City Budget Committee. He said as individual issues were debated by the committee, 'everyone's principles would be clarified. Mr. Korth concurred with Mr. Wanichek's comments thatlit was difficult to create general principles in a vague sense. He added when particular issues and policy standards were discussed, principles would apply in those discussions. Ms. Pierce said many of the principles, particularly 3-7, were reflective of a year's worth of discussion that took place ten years ago on many of the same issues. At thaf time, concepts for use of City controlled incentives to determine if incentives were warranted were identified, and what level of assistance would be appropriate, depending upon on how the criteria were weighed. She said the recommendation at that MINUTES--Mayor's Committee on Economic Development May 3, 2004 Page 3