ECONOMIC DEVELOPMENT AUTHORITY- Erik Thorvig, Economic Development Coordinator
Title
APPROVAL OF CONTRACT WITH TPC FOR BUSINESS APPRECIATION DAY
Background
Annually the Blaine EDA hosts the City of Blaine Business Appreciation Day golf tournament at the TPC. This year’s event is on Monday, October 16th in the afternoon. Last year we had a full tournament of 144 golfers. The event includes 18 holes of golf, dinner and awards.
The contract with the TPC exceeds $20,000; therefore an approval by the EDA is required. The amount of the contract varies depending on the amount of golfers. Based on 144 golfers, the contract amount is $24,168. The EDA charges $105 per golfer to assist in the cost of the event which totals $15,120 of revenue for 144 golfers. The EDA contribution to the event will likely be in the $9,000 range. This is a 2017 EDA budgeted item.
Attachments
Contract with the TPC.
Recommendation
Approve the contract with the TPC for the 2017 City of Blaine Business Appreciation Day event.
Body
BE IT RESOLVED by the Board of Commissions (the “Board) of the Blaine Economic Development Authority (the “EDA”), as follows:
WHEREAS, it is one of the goals and purposes of the Blaine EDA to improve the community, strengthen the tax base and enhance employment opportunities; and
WHEREAS, the Blaine EDA hosts an annual Business Appreciation Day to show recognition and appreciation to all Blaine businesses; and
NOW, THEREFORE, BE IT RESOLVED, by the Board of Commissioners of the Blaine Economic Development Authority, City of Blaine, Minnesota, that the President and Executive Director of the Blaine Economic Development Authority are here authorized to execute any and all agreements and documents required for the City of Blaine Business Appreciation Day.
PASSED by the Blaine Economic Development Authority this 1st day of June 2017.