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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 /> <br />Member Stewart stated that perhaps the slogan on the star is “we love Ramsey businesses”. <br /> <br />Member Lindahl stated that she also supports the made in Ramsey concept and to identify Ramsey <br />businesses. <br /> <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 to be 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 to pay more, as this is an event to <br />highlight businesses,and they are already being included on the card for no charge. <br /> <br />Chairperson Wiyninger stated that he participates in trade shows a lot, and sponsorships are a way <br />to close the funding gap. He stated that perhaps a sponsor is allowed to put their name on goodie <br />bags or other sponsorship opportunities. <br /> <br />Economic Development Manager Sullivan stated that charging for the bingo card could mean there <br />are not enough businesses to have a bingo card. He stated that his solution to close the funding <br />gap was to raise the EDA allocation, but they could also solve for that gap by charging non-Ramsey <br />businesses more to participate and a lesser increase for Ramsey businesses. <br /> <br />Chairperson Wiyninger stated that he would trust staff to identify how that additional $600 gap <br />could be filled, whether that is done through sponsorship or increasing the cost for participating <br />businesses. <br /> <br />Member Hills asked if there are requests for specific locations and whether there is a higher charge <br />for preferred locations. <br /> <br />Economic Development Manager Sullivan replied that he was unsure how you would determine a <br />preferred location because there are multiple entrances and things that a business would consider <br />helpful or preferred for them. He stated that he proposes an additional allocation of $500, which <br />would solve the funding gap. <br /> <br />Chairperson Wiyninger stated that the actual costs for 2026 were $1,000 more than the budget, <br />and the budget is only 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 /> <br />Member Stewart stated that Ramsey businesses could be charged $55, and non-Ramsey businesses <br />could be charged $80. <br /> <br />EconomicDevelopment Authority/June 11, 2026 <br />Page 9 of 11 <br /> <br />