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• Be OK with the food and cost waste (Cost of doing business) <br />2) Attendance (157 signed up vs.115 attended) <br />• How do we get better attendance from people that signed up? <br />• Service Fee of $5.00 for registration? (returned if attended) Send bill of $5.00 if business doesn't attend? <br />• Education - Let them know food is ordered based on sign-up (Discliamer) <br />• Incentives <br />• Maybe an Attendee List to be provided to only people that attend. <br />• Drawing for those in attendance <br />Future event topics suggested by attendees include: <br />. Leadership <br />• Enhance management skills/strategy <br />• Police or Fire and expectations of businesses in Ramsey <br />• Team building and improving your organization <br />• County level Economic Development <br />• Community and law enforcement response to the drug epidemic. Recovery/addiction services, overdose <br />prevention. <br />• Environmental stewardship/responsibilities of businesses <br />Other Options for Speakers/Topics <br />. Company Culture <br />• Rags to Riches Story <br />• Business Climate / Market <br />• Banking / Economic Forecast <br />• ?City Development / Investment Updates <br />• Business Succession Planning <br />• Famous Sports People / Business Development <br />• Local Celebrities <br />Future (2026 Event): <br />Staff has put together three options for the 2026 proposed budget: <br />1. Option 1 (2024 Format) - Free Speaker (EDA contribution of approximately $4,000) <br />2. Option 2 (2025 Format) - $2,500 for Speaker (EDA contribution of approximately $6,500) <br />3. Option 3 (2026) - $5,000 for Speaker (EDA contribution of approximately $8,000) <br />NOTE: Staff will bring back to EDA a recommended speaker or speaker options based on the option selected. Staff will <br />solidify the date once speaker options are identified. Based on EDA actions/recommendations, Staff will develop an <br />agenda. <br />Funding Source: <br />Funding for the 2026 Business Network Meeting will be from EDA budget line items 9230.6249 (Operations) and <br />9230.6246 (Marketing) <br />Funding will vary from $4,000 to $8,500 depending on the format and utilization of a Speaker for the Event. <br />Recommendation: <br />1. Motion to select LaFontaine Event Center as the venue with a date of late January/early February 2026. <br />and <br />2. Motion to Adopt 2026 Business Network Meeting Budget (Option 1, Option 2 or Option 3) (Based on <br />discussion) <br />