03.05 - BLAEDC Agreement for Services

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sufi Brainerd Lakes Area ECONOMIC DEVELOPMENT Corporation We're ready. Let'sgraw! AGREEMENT FOR PROFESSIONAL SERVICES BY AND BETWEEN THE CITY OF PEQUOT LAKES AND THE BRAINERD LAKES AREA ECONOMIC DEVELOPMENT CORPORATION FOR CALENDAR YEAR 2013 Whereas, the City of Pequot Lakes desires to actively implement an ongoing program to assist in the retention and support of its existing business community, promote the location of new businesses in the community, and support economic development in Crow Wing County; and Whereas, the Brainerd Lakes Area Economic Development Corporation (BLAEDC), a private non - profit organization created "To Expand Business, Build Community, and Grow Jobs in Crow Wing County ", has established a comprehensive program to accomplish this mission; Therefore, the City of Pequot Lakes does hereby enter into this agreement with the Brainerd Lakes Area Economic Development Corporation. I. SERVICES BLAEDC does hereby agree to provide the following services on behalf of the City of Pequot Lakes: a) BLAEDC agrees to provide a focal point for economic development in the Pequot Lakes area, to assist businesses and industry with their site location needs, provide financial packaging services, and business planning assistance. BLAEDC will provide these services in cooperation with others such as the Brainerd office of the Small Business Development Center. b) BLAEDC will provide community services and marketing programs throughout the year to fulfill its mission to expand the tax base and increase employment. c) BLAEDC does hereby agree to maintain an office within the Brainerd Lakes area to conduct its services under this contract. d) BLAEDC will provide periodic reports to the City of Pequot Lakes on the activities and progress to fulfill the services identified above. Page I of