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EDC 02-20-02 City of Cupertino Economic Development Committee Regùlar Meeting February 20, 2002 1. CALL TO ORDER At 8:12 a.m., Carol Atwood called the meeting to order at 10300 Torre Avenue, Conference Room C&D, Cupertino. 2. ROLL CALL City Staff: Carol Atwood, Dave Knapp, Ralph Qualls, Therese Smith, Dorothy Steenfott, Ciddy Wordell Chamber: Jody Hansen, Orrin Mahoney City Council: Sandra James Absent: Keith Dias, Bill Jones, Richard Lowenthal, Steve Piasecki 3. OLD BUSINESS A. We Value Youth Proposal Carol Atwood distributed a proposal to the committee, which would involve the entire community (school district, YMCA, business, service clubs) in partnership with the City. Several committee members expressed concern that "We Value Youth" was already underway with the Teen Commission and the Chamber and that expanding to other organizations was not considered necessary at this time. B. Key Development Activity Ciddy Wordell updated the committee on current development activity in the city. She stated that the Town Center project is moving forward with a scaled down proposal. 4. NEW BUSINESS A. Sales Tax Retention Strategy Carol Atwood reviewed several strategies from the MBIA sales tax presentation. She suggested that the committee visit each of the top ten sales tax producers and host a luncheon or breakfast. The committee agreed to implement the suggestion and a proposal identifying the specifics will be provided at the next meeting. 5. ADJOURNMENT The meeting was adjourned at 9:05 a.m.