Agenda - Economic Development Authority - 10/09/2014

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Economic Development Authority (EDA) Meeting Date: 10/09/2014 Submitted For: Patrick Brama, Administrative Services By: Patrick Brama, Administrative Services 4. 3. Title: Annual Fall Networking Event Purpose/Background: Purpose of Case The purpose of this case is to provide an update on the 2013 Business Networking Event taking place on Thursday, November 13. In summary, Staff believes all planning/coordination is on -track. No action is required by the EDA-- discussion and suggestions are welcomed. Detailed Background Annually, the Ramsey EDA hosts a 'Fall Networking Event.' Typically, this event includes a keynote speaker(s), and a free breakfast for attendees. Historically, this event has taken place at the Ramsey Municipal Center in the AR room and has averaged 45-70 attendees. The Ramsey EDA allocates $1,500 to this event annually. The demographic that typically attends the EDA Fall Networking Event is manufacturers and representatives from the services industry (banking, insurance, financial, etc.). The purpose of the EDA Fall Networking Event is for the City to develop and maintain positive relationships with Ramsey Businesses. Additionally, this event provides an opportunity for Ramsey businesses to network, provide self-help/best-practices solutions and identify opportunities for Ramsey businesses to buy/sell goods locally.. Notification: One generic email invite, one personal email invite, one phone call (to targeted Ramsey businesses). Observations/Alternatives: Event Details: Location: Alexander Ramsey Room, Ramsey Municipal Center --Secured/Confirmed Food/Drinks: Wells Catering Service, $XXXX --Secured/Confirmed Keynote Speaker #1: Acapulco --NOT Secured/Confirmed Keynote Speaker #2: City Officials --Secured/Confirmed Keynote Speaker #3: MnDOT -- NOT Secured/Confirmed Emcee: Jim Steffen --Secured/Confirmed Small Stage: Metro Tent Rental, $100 --Secured/Confirmed RVSPs: 49 as of 10/06 (2014), 68 (2013), 60 (2012), 43 (2011), 73 (2010), 71 (2009) Flyer: See Attached --Completed Funding Source: EDA Account 9230.6249 -- $1,500 allocated. Recommendation: No action is required by the EDA-- discussion and suggestions are welcome. Action: