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Advertising - $17,000 <br /> • Minnesota Real Estate Journal $4,000 <br /> • City Business - $6,000 <br /> • Upper Midwest Industrial Property Magazine - $2,000 <br /> • Twin Cities Business Monthly? - $4,000 <br /> • Other advertising - $1,000 <br /> Marketing- $14,500 <br /> • Reprinting of four color fold-out brochure $10,000 <br /> • Web Site modifications $500 <br /> • Marketing brochures for west business park -$2,000 <br /> • Other miscellaneous marketing/promotional activities - <br /> $2,000 <br /> Printing $1,500 <br /> Postage - $1,600 <br /> Telephone $1,200 <br /> Miscellaneous (Chamber of Commerce) - $6,000 <br /> ID Insurance - $500 <br /> Transfers out - $2,000 <br /> $2,000 is allocated as a transfer to the city's general fund which <br /> covers administrative expenses involved in EDA projects from <br /> other departments. <br /> Action Requested <br /> Staff is recommending at this time the EDA approve the 1998 budget <br /> in the amount of$107,550. Staff is also recommending that the EDA <br /> adopt Resolution 97-_ _, requesting that the City of Elk River levy a <br /> tax in an amount not to exceed .01813 percent of the taxable market <br /> value in the city to be used for economic development purposes by the <br /> EDA (see attached resolution). <br /> Business Incubator Budget <br /> The Business Incubator is considered a project budget and has, <br /> already been approved by the EDA for its initial two year lease. <br /> I have attached the 1998 Business Incubator budget for review <br /> and approval by the EDA as a matter of formality. <br />