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Economic Development Authority (EDA) 4. 4. <br /> Meeting Date: 01/12/2017 <br /> Submitted For: Patrick Brama, By: Nichole Wenberg,Administrative <br /> Services <br /> Title: <br /> 2017 Annual EDA Business Expo <br /> Purpose/Background: <br /> Annually,the Ramsey EDA sponsors a Business Expo. The purpose of this event is to promote Ramsey's businesses <br /> (typically retail and service industries)to the community.Normally,this event draws 200-300 participants and <br /> 45-50 business exhibitors. Planning for this event has begun. <br /> Purpose of Case: <br /> Update the EDA on coordination efforts <br /> -and- <br /> Provide survey results from 2016 <br /> -and- <br /> Select 2017 event date <br /> Notification: <br /> NA <br /> Observations/Alternatives: <br /> Below is a status update on a number of items related to this event: <br /> .Venue: The Fountains of Ramsey($700 estimated) <br /> .Equipment Rentals: tables, chairs, drapes ($1,000 estimated) <br /> .Event Flyer&Registration: not created yet(last year attached) <br /> .Registrations Ramsey Business= $50,Non-Ramsey Business=$65, Electricity fee=$5 <br /> .Preference will be given to Ramsey area retail, service, restaurant, and other industries. Craft/Merchant <br /> vendors and Non-Ramsey businesses will be placed on a waiting list. <br /> .Giveaway: TBD ($1,500 estimated) <br /> .Marketing: <br /> .Mailers, 9,600 qty, 2 weeks before event <br /> .Mobile Sign Boards, Five <br /> .Color Full Page flyer, qty 750 and Sandwich Board Posters <br /> .Anoka County Shopper ad space <br /> .Anoka County Union article <br /> .Ramsey Resident, Facebook, City's website <br /> The EDA allocation budgeted for this event is $5,000. Considering items above, expenditures will be $7,295. Staff <br /> estimates revenues will be about$2,400 (based on 2015 revenue). <br /> Funding Source: <br /> See observations section. <br /> Recommendation: <br />