1996-1999-ECONOMIC DEV AND INDUSTRIAL COMMITTEE

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Steve Kyros favored using the New England Real Estate Journal to advertise the Town of Mashpee, Augat , EDC, Industrial Park, Field ' s Point, Deer Crossing, or any interchangeable selection. Steve recommended placing ads in the NE Real Estate Journal over Banker ' s Trade which is more financially focused . He also noted there would be free advertising for the Town of Mashpee. A 2 x 4 ad runs $95 , and a multiple of 5 would cost $250 . Paul suggested forming a sub committee under Marketing Sub Committee to work on a 4-page split ad and negotiate a package deal with the Journal . Paul will contact Sharon Koblinsky , Chairperson of the Marketing Sub Committee, and Paul Reynolds and Steve Kyros will help Sharon on this project. EDC agreed on spending $500 for 10 ads every other week ( 20 weeks of coverage) , and anticipate getting free press coverage as a bonus when properties sell . A motion was made by Tom Potts to contact the New England Real Estate Journal and spend up to $500 for ads. Seconded by Gloria Dube. Unanimous. Paul suggested EDC members attend network sessions similar to the one he attended two years ago to scout out potential buyers. Wayne presented the EDC budget balance of $2, 121. 83 as of June 4 , 1996 . Tom reported that Greg Taylor of DPW has not completed the sign maintenance, and $1 , 000 was alloted for this . Wayne suggested that a program of regular sign maintenance be established. All that is needed now is 5 yards of mulch to spruce up the beds. Tom will contact Greg Taylor again. EDC agreed to allocate $186 to supply the Library with a current Cole ' s Directory, with the stipulation there be a tracking system, a notation that EDC is the benefactor, and only a one- year commitment to this expense. Tom Potts. made a motion to allocate $186 for acquisition of the Cole's Directory to be left with the Library with the contingency they track the useage, and future purchase will be based on the tracking results. Wayne will design an insert to note EDC as the benefactor. Seconded by Steve Kyros. Unanimous_ Wayne will talk to Bob Whritenour regarding the Mt. Auburn public presentation and ' providing.. the building and refreshments . The purchase of 1, 000 business cards for EDC members and Employment Pool pads-was recommended. Wayne will get printing cost estimates for the next meeting . Steve Kyros suggested having businesses in Mashpee "adopt a sign" ( i .e. Botello' s ) . Paul Reynolds suggested purchasing Pagemaker ( $579 ) for next year. -2-