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HomeMy WebLinkAboutIDC 12/10/2024Town of Mansfield 6 Park Rom, Mansfield, iWassaclusetls 02048 Industrial Development Commission Meeting Minutes 12.10.2024 Present: Christopher Jackson — Chair, Julie Jones, Kostas Loukos, Wayne Smith Not Present: Keith Wells Guests: Mr. Kevin Dumas -Town Manager Minutes: Christopher Jackson 1. Call to Order: The IDC was called to order at 6:22 PM by Chair, Mr. Christopher Jackson. Passes 4:0 (Smith/Loukos) 2. Acceptance of Minutes from October 10, 2024: a Motion: To adopt the meeting minutes of October 10, 2024. Passes 4:0 (Jones/Loukos) xs i 3. Budget Update and Fiscal Outlook From Town Manager: _j J Mc Dumas provided the IDC an update on the town budget. There is an expected general fund shor ill for 2025-2026. Insurance and pension cost increases were the main drivers. The town is Iaoking,at a budget override. For these reasons it is not currently feasible to be posting new positions. 1\5 r` ryl 4. Sign and Facade Program Update Mr. Dumas provided the IDC information on our Sign and Facade program. There will be $50,000 allotted for the next fiscal year. The group discussed the potential of expanding the serviceable area. Grants will need to be fulfilled by 6/30 which would generally require work to be done by the end of May and applications to be approved by the end of March. The group discussed what qualifies as exterior improvement. The group agreed to review the application in January. 5. Public Relations and Town Marketing Update The town is currently evaluating our options for contract renewal with Penta for marketing efforts. The group discussed website maintenance, logo ownership and other pieces of content that were created by Penta on prior contracts. 6. IDC Membership Discussion The IDC solicited Mr. Dumas for assistance filling vacancies. 7. Review of Next Meeting Date The IDC agreed to meet on 1/V2025. 8. Any Items not Known 48 Hours in Advance Mr. Dumas invited the group to participate in a grand opening for Fresh Market on 12/11 at 8:00 AM. 9. Adjournment Motion: To adjourn the meeting at 7:30 PM Passes 4:0 (Smith/Loukos) az,- I /v o s ChristopherJa son, Chair Date