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BR&E Background <br /> • January 2008 <br /> £' March 16, 2009 —EDA discusses formal BR&E Program <br /> EDA Meeting <br /> • The EDA decided to form its own BR&E <br /> subcommittee <br /> „ . At that time funding was not in the budget <br /> and staff time was not available <br /> This Year U of M BR&E <br /> • Connexus Energy gives$5,000 each year Staff attended a workshop Feb 251h <br /> -Xcel, businesses, banks -Mock site visit <br /> • Grant for an intern that would work half Learn in more detail the BR&E strategies <br /> time on BR&E program <br /> —Building relationships with the businesses <br /> —Receiving a recommendation on an action <br /> plan for business retention <br /> • Staff believes that the City would benefit <br /> from the U of M BR&E Program <br /> 1 <br />