Agenda - Economic Development Authority - 09/08/2022

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Economic Development Authority (EDA) 4. 1. Meeting Date: 09/08/2022 By: Sean Sullivan, Community Development Title: Receive 2022 Summary of Business Appreciation Day Event Purpose/Background: The purpose of this case to provide an event summary of the 2022 Business Appreciation Day to the EDA. The 2022 event was held at the Links at Northfork on August 16, 2022. The event was full with 144 registered golfers and an additional 22 people just attended the dinner and awards ceremony. The event was within budget($5,500 EDA contribution) and Chair Olson emceed the dinner/awards portion of the event. Plants and Things was recognized as the 2022 Business of the Year and a Flag and the award was presented to Frosty Hickman. Both Global Glove and Tornado Alley finished at-13 for the golf event. Global Glove won a scorecard playoff and was recognized at the winner of the event. Alison's Petite Pastries was the random team selected to be awarded a prize equal to the winner of the golf tournament. Door prizes for the event were pre-drawn and the ready for participants to pick up after completion of the golf event which shortened the length of the awards program. Feedback from returned surveys from the event has been generally positive. Notification: N/A Observations/Alternatives: Staff believes that this event is a great networking and event for businesses and City staff and supports a 2023 event. Staff is always looking at ways to improve the event to ensure that it is worthwhile for the City and its business community. Attached to this case is a survey summary that includes some comments and suggestions for future events. Items for the EDA to consider for future events include: 1) Suggestions for a bag lunch at the event in addition to dinner due to 11 AM start time (Added cost) 2) Encourage hole sponsors to have more activities at their holes 3) Continue Pre-draw of prizes (Staff recommendation) 4) Continue to host event at the Links at Northfork(Staff Recommendation) 5) Select August 15, 2023 for 2023 Business Appreciation Day Event(Staff Recommendation) 6) Prizes for best hole sponsor or best dressed team Staff would also like to gather feedback from EDA members on things to continue and other suggestions for improvement. Funding Source: Event Registration Revenue and$5,500 from EDA funds 6249 (Operations) and 6246 (Marketing) Recommendation: Motion to select event date of August 15, 2023 and the Links of Northfork as the venue for the 2023 Business Appreciation Day Event.