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Staff Report - 09 20 23 Meeting1 Staff Report Date of Meeting: September 20, 2023, City Council Meeting To: IAC Chairman and Committee Members From: Kyle Morell, City Administrator Re: September Staff Report ______________________________________________________________________________ CIP Committee Funding Request Committee Chairman Wilmers attended the September 6, 2023, City Council Work Session to advocate for the restoration of the IAC initial funding request for 2024 and 2025 of $250,000 per year. The council was receptive to his comments, understanding the money is a placeholder for future matching funds towards a large project using the newly released BEAD funds. Midco Day Midco Day was August 23, 2023. Over 300 burgers were distributed at Lilleskogen. The IAC met with residents at the Farms Market and distributed the graphs discussed by the Committee in August. MidCo Project Updates Melissa will be in attendance at the September meeting. She is returning from a conference earlier in the day and arrive at our meeting as soon as possible. She has been briefed on the topic of discussion. Project Financing Spreadsheet Review Councilmember Kronmiller will provide any update he might have on this topic. Next Areas for Expansion This has been a Committee chair-led discussion. Staff has nothing to add at this time. IAC Charter Discussion At the July IAC meeting, the Committee proposed changes to the IAC Charter. The Committee made changes to the Purpose and Goals sections of the Charter. The new language is updated and included in the attached Updated Charter. This item was tabled in August due to the length of the meeting. 2 Items For Future Discussion