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AGREEMEN'f "I'O SUPPORT ENHANCED ECONOMIC <br /> DEVELOPMENT' MARKETING ENDEAVORS (20/20) <br /> FOR CALENDAR YEAR 2018 <br /> Whereas, the Brainerd Lakes Area Economic Development Corporation <br /> (BLAEDC), has established a comprehensive work plan guided by community and <br /> industry representative,to enhance its economic development program. This enhanced <br /> effort will require community wide support plus additional financial resources to <br /> implement. BLAEDC' will secure additional funding from business and industry,as well <br /> as requesting local units uf government to support this program, and <br /> Whereas, the City of Pequot Lakes desires BLAEDC to continue this enhanced ' <br /> economic development program and will provide funding in 2018,as well as consider <br /> funding in future years, <br /> Enhanced Economic Development Marketin� Endeavors(20/20) <br /> Therefore,the City of Pequot Lakes a�ees to pay BLAEDC�650 for these <br /> services in 2018, payable in payments of$325 on or about July 1,2018,and <br /> December 1,2018. <br /> IN WI'I'NESS W}IEREOF, the pariies have executed this agreement in the City of Pequot <br /> Lakes, Minnesota on this ciay of . 2018. <br /> CITY OF PE UOT LAKES BRAINERD LAKES AREA II <br /> Q <br /> ECONOMIC DEVEL,OPMENT I <br /> CORPORATION �� <br /> By Its Mayor By tts President <br /> Nancy Adams Karlo Goerges ', <br /> A�I�TEST: <br /> I <br /> Its City Representative BLAEDC Representative I <br /> Nancy Malecha Sheila Wasnie Haverkamp , <br /> Page 4 of 4 <br />