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Member Riley commented that perhaps a gold star could be used to identify products made in <br />Ramsey as well. <br />Member Stewart stated that perhaps the slogan on the star is "we love Ramsey businesses". <br />Member Lindahl stated that she also supports the made in Ramsey concept and to identify Ramsey <br />businesses. <br />Economic Development Manager Sullivan agreed that it would be great to differentiate and <br />identify Ramsey businesses. He stated that he is not a fan of charging $20 hkbe on the bingo card. <br />He stated that they try to include all vendors on the card, and those businesses already pay for <br />registration. He did not feel comfortable asking businesses pay more, as this is an event to <br />highlight businesses, and they are already being included on card for n charge. <br />Chairperson Wiyninger stated that he participates in tr, <br />to close the funding gap. He stated that perhaps a <br />bags or other sponsorship opportunities. <br />s a lot, and s <br />owed to put th <br />rships are a way <br />n goodie <br />Economic Development Manager Sullivan stated that char or the bingo card could mean there <br />are not enough businesses to have a bingo card. He stated at his solution to close the funding <br />gap was to raise the EDA allocation, but they could also solve for that gapiby charging non -Ramsey <br />businesses more to participate and a lesser increase : Ramsey businesses. <br />Chairperson Wiyninger stated that he would trust s <br />could be filled, whether e through sponsorship or <br />businesses. <br />ff t <br />how that additional $600 gap <br />creasing the cost for participating <br />Member Hills asked if thWe are requests for specific cations and whether there is a higher charge <br />for preferred 1oc ions. <br />Econo evelopment Manager Sullivan replied that he was unsure how you would determine a <br />prefe location because there are multi 1e entrances and things that a business would consider <br />help ul opreferred for the Ifle stad that he proposes an additional allocation of $500, which <br />would solve funding gap. <br />Chairperson Wi r state that the actual costs for 2026 were $1,000 more than the budget, <br />and the budget is on y being increased by $500. He did not anticipate that costs would go down. <br />Economic Development Manager Sullivan provided additional information on the budget overages <br />for 2026 and the costs that can vary. He believed that the proposed budget would be sufficient and <br />stated that prices could be slightly raised for non -Ramsey businesses, as that might cover additional <br />expenses or costs that may fluctuate. <br />Member Stewart stated that Ramsey businesses could be charged $55, and non -Ramsey businesses <br />could be charged $80. <br />Economic Development Authority/ June 11, 2026 <br />Page 9 of 11 <br />