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04-20-06 Minutes
The meeting was called to order by  Acting Chairman Gary Bennett at 7:00 PM

Present were: Gary Bennett, Ed Dear, Ed Hart, Tony Lee, and Jim Oberhelman. Absent were: John Dione, John Delmhorst, Ed Habereck, Inger Elliot, Mike Latham, and Blunt White.

The minutes of the March 23, 2006 meeting were approved.

Jim Oberhelman demonstrated a development project modeling tool to the commission.  Its purpose is to facilitate the comparison of the impact of various economic development projects on Town finances.  The Commission suggested that the Prospect St. proposal be used a test case for the model’s usefulness. Jim Oberhelman will coordinate the effort.

The First Selectman and the Town Planning Officer have asked the EDC to coordinate drafting a policy for the Town’s tax abatement program for economic development.  This draft would have to go to a Town Meeting for implementation.
Chairman Bennett distributed engineering drawings of the Pawcatuck Streetscape project for the Commission’s information.

The next EDC meeting will be Thursday, May 18, 2006.

The meeting was adjourned at 8:45 PM.

Respectfully submitted,

Jim Oberhelman
Acting Secretary