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Member Johnson stated that she has always liked Adrenaline as the venue. She stated that while <br />she would be open to an alternative location, she was unsure of a good option. <br />Economic Development Manager Sullivan agreed that it would be difficult to find another location <br />that would be large enough. He stated that while PACT seemed like a good location adjacent to <br />Central Park, that has been removed as an option as the gym could not be used for that event. <br />Commissioner Stewart stated that consistency is great for events, both for vendors and attendees. <br />She recognized the unpredictability of weather in April and, therefore, was unsure that it would be <br />a good idea to pair the event with the food truck fest. She stated that she would be open to having <br />another food truck or two at the event. She noted that having separate events also creates more <br />visibility for the City and its events. <br />Member Riley confirmed support for the proposed date of April 25, 2026, and the proposed budget. <br />Motion by Member MacLennan, seconded by Member Karpen, to select Adrenaline Sports Center <br />as the venue, reserve April 25, 2026, and approve a $5,500 allocation from the EDA budget for <br />the 2026 Business Expo. <br />A roll call vote was performed: <br />Member Johnson aye <br />Member Karpen aye <br />Member MacLennan aye <br />Member Riley aye <br />Member Stewart aye <br />Motion carried. <br />4.02: Right of Way Acquisition Loan Program (RALF) Property Sales/Process <br />(Information Item) <br />Economic Development Manager Sullivan presented the staff report, providing an update on the <br />RALF property sales and process. <br />Member Riley thanked Economic Development Manager Sullivan for the information on the <br />overall program and updates on the parcels. <br />Member Karpen noted a few car shops next to RM Golf Carts and asked why those properties were <br />not discussed. <br />Economic Development Manager Sullivan stated that the purpose of the RALF program is to get <br />ahead of the projects as they start to occur. He explained that the City purchased several properties, <br />but in 2008/2009, the priority of the Council changed, and there was not the same focus on <br />purchasing additional properties. He explained that none of the properties were purchased through <br />condemnation and were all willing sellers. He stated that either those properties were not willing <br />Economic Development Authority/ July 10, 2025 <br />Page 3 of 4 <br />