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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 />