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White distributed another updated handout; a new sign will go up downtown; is a 3 day

festival; CVB has a brochure that also shows the hotels and it talks about the festival

being three days and stay at the local hotels. Angelou requested copies of that brochure

for the packets. In response to question from Hogan, White stated that the festival is

advertised regionally in festival magazines, Ohio tourism, AAA, etc. Also the Classic

Car and crafters organizations have their own following and are advertising, as well as

the jazz and blues organizations; they also have their own following.

White stated that Sky Bank is going to locate at the Sunoco station; have a conditional

use for drive thru pending with Planning Commission; will be a very nice update and

remodeling of that business. Thom asked if they would have trouble with pulling the

tanks. White stated that should not be a problem. Weber stated they have wanted out

for quite a while. White stated that repair is difficult any more; Crossroads has sold

another lot for another 30,000 sf facility; not sure how many jobs; a very small condo

project is proposed for Goshen Lane near I-270 for single parent dwellings for

ownership; density is within the allowable 12 units per acre; TIDE meeting will be June

24 and Industrial Round Table will be June 26 at the Hickory House.

White noted they had been working with RMA , a financial servicing center with about

100 employees; wanted to enlarge their parking lot and move and consolidate to move

300 to 400 employees to Gahanna; met on Friday and they lost their major account; not

only are we not going to get the expansion we lost about 90 jobs; they are consolidating

to Westerville because that's where other facility is; not taking 90 people from Gahanna

but they are being laid off; 20 people retained here as server is here; difficult to move

those servers; technical people will still be here; met with owner of the building and

discussed some other opportunities; have something else that may move into that area;

one of the issues we have is competing against new office product; they have tax

incentives that we don't have and question now is whether we can afford; was an article

on suburban success in Sunday's paper; Westerville has an electric utility and it has

done so well and they are not spending the proceeds; went to court; and ruling was

given that they could take the proceeds and spend it for other capital programs; expand

the electric utilization; that's how they built Westar; spent about $48 million; none of it

was passed on to developers; read in here that taxes are up; one of the companies Excel

is expanding in place and left their previous location and moved up; ABB is leaving

Columbus; we didn't know about it; weren't even considered; they looked at Hilliard,

Westerville and Columbus; we are getting very few hits from Department of

Development; are looking at a 100,000 sf potential user; office market is so depressed;

Economic Development Director in Dublin stated that they are 20% vacancy;

downtown is higher than that; am not proposing any kind of new incentive programs;

want to be careful at this point. Angelou asked if Westerville did Revenue Sharing.

White stated she did not believe they did; not sure they are operating out of CRA's;

Westar is not a CRA; probably another type like the one we did for the Kahiki.

Angelou stated we have CRA's and have revenue sharing with schools; we have tax

abatement in industrial zone; have other tax abated areas and then this office incentive

program. White stated we have 3 programs; the old program is limited leases at old

rate; then CRA's with tax abatement; then the new program is done on an individual

basis; they bring a proposal and we look at it. Angelou asked how many are left in the

original industrial zone. White stated the 1980 one has about 33; Donato's has one lot;

all still are active; last one goes off in 2014; first one goes off in 2008 and then some

every year.

White stated we are concentrating on getting fiber to our park; if we have fiber and can

provide it in such a way that it becomes affordable or an incentive for these companies

we will have an incentive; fiber is to individual user; now have Marchese involved in

our meetings as we needed that technical expertise; know what we need from an

incentive program but are all different kinds of services. Angelou stated that TIDE and

Industrial Round Table both have fiber deployment strategies on their next agenda.

White stated that the difference is that some are our partners and some are our

industrial businesses. Thom stated he thought we ran fiber out there. White stated we

were talking about it for that area when the telecommunications disasters hit and the

fiber companies all went away. Thom reiterated he thought we had put fiber out there.

White stated AEP has their own; McGraw Hill has theirs and Don Kenney put some in

but only because he was going to lose his tenants; we may have put some conduit in but

not fiber; can sit down with Marchese and Michalic and figure out what we had.