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Chairperson Cords commented that this was the first business expo he attended and found it to be <br />an interesting event that was well organized. He agreed that it was a nice venue for the event that <br />could handle much more traffic and would agree to using the venue again. He stated that the <br />$5,000 budget request also seems reasonable. <br />Economic Development Manager Sullivan stated that staff always wants to ensure tax dollars are <br />being maximized. He noted that in 2019 the EDA allocated $7,000 for the event. He stated that <br />they have looked at ways to improve the process and reduce costs. He noted that even though the <br />request of $5,000 is up from $4,000, it is still under that original budget of $7,000. <br />Motion by Member MacLennan, seconded by Member Olson, to select Adrenaline Sports Center <br />as the home of the 2022 Business Expo, reserve the venue for a Saturday in April of 2022, and <br />approve a budget allocation of $5,000. <br />A roll call vote was performed: <br />Member Howell aye <br />Member Riley aye <br />Chairperson Cords aye <br />Member MacLennan aye <br />Member Olson aye <br />Motion carried. <br />4.03: Approval of 2022 Business Network Meeting <br />Economic Development Manager Sullivan presented the staff report. <br />Chairperson Cords asked if the rental of the audio system is included in the $5,000 or whether that <br />would be an additional cost. <br />Economic Development Manager Sullivan replied that if the audio equipment is needed, it could <br />be covered within the $5,000 amount. <br />Chairperson Cords asked if the only additional cost that could arise is if there were additional <br />people that would like to attend in excess of the budgeted amount. <br />Economic Development Manager Sullivan confirmed that would be the only additional cost and <br />noted that if additional people would like to attend that would be a good thing for this event. <br />Chairperson Cords asked who would build out the agenda for each of the topics. <br />Economic Development Manager Sullivan replied that staff would prepare and coordinate the <br />presentations for the items on the agenda. <br />Economic Development Authority/ November 18, 2021 <br />Page 4 of 6 <br />