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7.1. EDSR 03-20-2023 Request for Action To Item Number Economic Development Authority 7.1 Agenda Section Meeting Date Prepared by General Business March 20, 2023 Joshua Mollan, Economic Development Specialist Item Description Reviewed by Recharge MN Contribution Brent O’Neil, Economic Development Director Reviewed by Cal Portner, City Administrator Action Requested Approve, by motion, a contribution of $2,500 to Recharge MN to support Elk River’s EV Expo and Test Drive Event. Background/Discussion The City of Elk River, along with other partners (Sherburne County, Elk River Municipal Utilities, Elk River Area Chamber of Commerce, Initiative Foundation, and other local stakeholders), are working with the non-profit Recharge MN to host an electric vehicle expo and test drive event in Elk River in early August. This free event will be funded substantially by sponsorships and donations at the FT Center. This contribution of $2,500 will help cover costs of the event and is also similar to a sponsorship in that the EDA would appear on marketing materials and have a booth at the expo portion of the event. Financial Impact This $2,500 would be expensed from the Advertising/Marketing budget where $10,000 is planned for Energy City Programs. Mission/Policy/Goal Support local businesses and programs that promote clean energy. Attachments  None The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity. Updated: January 2023