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Economic Development Authority (EDA) <br />Meeting Date: 04/10/2014 <br />By: Ted LaFrance, Administrative Services <br />4. 4. <br />Title: <br />EDA Draw Event Series Sponsorship <br />Purpose/Background: <br />EDA Staff received an inquiry on interest in supporting the Draw Summer Event Series. The HRA has dedicated <br />funds to sponsoring the August 7th event, Rubber Soul-- a Beatles tribute band. The City's involvement through the <br />HRA opens the opportunity for the EDA to promote a local business at this event. EDA Staff is suggesting the EDA <br />provide this sponsorship to a "retail/service business of the year". The EDA would simply work to identify a <br />retailer/service provider of the year and offer them the space at the event to market themselves-- the "award" for <br />being the chosen business. The Business Appreciation Golf Tournament has a more office/manufacturing focus. <br />Staff feels incorporating a "retail/service business of the year" and providing that space at the Draw Summer Event <br />Series showcases support across all business sectors in the community. <br />Demonstrating support of our diverse business community as well as showcasing/informing businesses and citizens <br />of the efforts of the EDA is an important effort. This sponsorship provides the EDA an opportunity to engage with <br />the community in another fashion. <br />Staff is seeking support of the EDA to carry out the above suggestion. Alternative options and suggestions are <br />welcome; however, Staff respectfully requests being cognizant of Staff workload and the priorities set forth in the <br />2014 EDA Work Plan. <br />Notification: <br />Observations/Alternatives: <br />Funding Source: <br />HRA <br />Recommendation: <br />Staff recommends authorizing Staff to proceed in creating a "service/retail business of the year" and in turn <br />providing that winner space to market at the Draw Summer Event Series. <br />Action: <br />Motion authorizing Staff to proceed in creating a "service/retail business of the year" and in turn providing that <br />winner space to market at the Draw Summer Event Series. <br />Attachments <br />Draw Event Series Flyer <br />Form Review <br />Inbox Reviewed By Date <br />Patrick Brama Patrick Brama 04/04/2014 11:09 AM <br />Kurt Ulrich Kurt Ulrich 04/04/2014 02:32 PM <br />Form Started By: Ted LaFrance Started On: 04/03/2014 02:15 PM <br />Final Approval Date: 04/04/2014 <br />