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He said that he assumed to give the Town this type of authority to prepare those sites for
<br /> development, if need be. There was talk of a Mashpee Executive Park,back when it was first in legislation,
<br /> in 2002.
<br /> The Chairman thanked the Representative,then,Harlyn Halvorson cane up to the podium to
<br /> speak.
<br /> Mr. Halvorson spoke that it seemed like deja vue,since fifteen years ago, he and Chip Morris and
<br /> himself approached the Mashpee for setting up an EDIC incubator. He said he had some exciting ideas for
<br /> developing a program, it never came to pass,but he had thought often about the opportunity if it had.
<br /> Mr.Halvorson told the Committee and audience that he was going to share some of the
<br /> experiences he had in Falmouth, and he brought along copies of the history of the FDIC in Falmouth.
<br /> The origin in Falmouth program was state legislation establishing a statewide IODIC,that coupled
<br /> with action by the Town Meeting generated in 1980 by the Falmouth FDIC, The Falmouth EDIC group
<br /> was given a tract of land by the Town and the authority to sell and develop it.. For the first ten years,he
<br /> said,the progress was very slow,because they had to develop the infrastructure,the roads and water,before
<br /> they could bring tenants into the property. In order to do that,the EDIC had to have the ability to borrow
<br /> money,to carry out transactions. It turned out over the years that John Harding was handling much of this
<br /> work,which he would go into it in,more detail.
<br /> The ability of the EDIC to act independently, said Mr. Halvorson, and buy and sell to borrow
<br /> money to carry this out so that we are able to serve as a facilitator,to carry out functions that would be very
<br /> slaw to do going before the Town of Falmouth. They had been able to buy property and sell it to the Town.
<br /> They could do that quickly. The independence was essential, in going through this early period in going
<br /> developing the department. A couple of early sales of land, it was not until the infrastructure took place,
<br /> that they slowly begatt to develop programs.Prior to his involvement,the earlier board members were very
<br /> careful about what companies who were allowed into the park. They wanted to have a system that would
<br /> help support each other that were productive to the community as a whole. They were careful what types of
<br /> programs were involved to enter the park*Many early efforts were turned down, even though there was a.
<br /> plan that was available and lie believed that early resistance-paid off at the end result,because it was a.
<br /> much more cohesive program. It wasn't until about ten years in activity into building the park that the
<br /> Falmouth FDIC began to get the respect and recognition by the community in Falmouth.
<br /> The other mayor effort he did was to develop with the Cape Cod Commission apre-permitted
<br /> program. They had an agreement with the Cape Cod Commission for pre-permitting properties in the lands,
<br /> so it made one-stop shopping, so to speak. It greatly enhanced the ability to advance and develop the park.
<br /> This had been very helpful, In addition to this,the Assistant to Town Manager was very instrumental its
<br /> arranging for the town's boards to meet collectively and to tell there prospects at one sitting. It allowed for
<br /> easier,Vapid decision making of the town projects that they wished to form. That,together with the Cape
<br /> Cod omission)was the major difference in developing the park. They completed the sale of the property
<br /> to the Falmouth Technology Park, and since developed and purchased a second park something along
<br /> similar lines.
<br /> As he looked back and key in on what the teal issues were,the ability to be independent,to act
<br /> responsibly and to do it with a consensus building with the various courts and functions with critics. The
<br /> group tabes on a project;try to sit down with the selectmen and members of the development board to
<br /> discuss the project before they come to a conclusion. They try to anticipate the problems and build those
<br /> into their refinements.They have a board of seven,they believe a small board is essential for d.ecision-
<br /> making} sometimes they like to have it a.little bit larger,but they do bring in consultants to help therm
<br /> develop the programs that we have currently have underway, Bringing in Jahn Harding and his company.
<br /> IIrIi-. Halverson said he would like to come back in the end and talk about the regional technology
<br /> development center.
<br /> After speaking to the Board,he introduced John Harding to speak to the Committee. Mr.Harding
<br /> spoke as consultant of the FDIC and also as president of the Bourne Financial Development Corporation}
<br /> which i s also the FDIC of Bourne.
<br /> Bourne FDIC was created two and a half years ago under Chapter 368,which is a slight
<br /> predecessor to 376. He handed out copies in reference to that established the act of the FDIC and a copy of
<br /> their latest by-laws,which he thought might be of interest to members of the Committee,He said that
<br /> unfortunately for Bourne, it was chartered and not given anything to work with, so they started from scratch
<br /> with a.fifteen-member board and no funding.
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