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12-06-2017 City of Edgewater 104 N.Riverside Drive Edgewater,FL 32132 "ED G klyAT E R Meeting Agenda Economic Development Board Wednesday,December 6,2017 8:00 AM Council Chambers We respectfully request that all electronic devices are set for no audible notification. I. CALL TO ORDER,ROLL CALL 2. APPROVAL OF MINUTES-None at this time 3. PRESENTATIONS-None at this time 4. PUBLIC COMMENTS 5. NEW BUSINESS-PUBLIC HEARING-None at this time 6. OTHER BUSINESS- a. School Scholarship b. Discuss the July 4,2018 Meeting Date-to cancel or reschedule 6. ADJOURN Pursuant to Chapter 286, F.S., if an individual decides to appeal any decision made with respect to any matter considered at a meeting or hearing, that individual will need a record of the proceedings and will need to ensure that a verbatim record of the proceedings is made. The City does not prepare or provide such record. In accordance with the Americans with Disabilities Act,persons needing assistance to participate in any of these proceedings should contact City Clerk/Paralegal Robin L. Matusick, 104 N. Riverside Drive, Edgewater, Florida, telephone number 386-424-2400 x 1101, 5 days prior to the meeting date. If you are hearing or voice impaired, contact the relay operator at 1-800-955-8771 One or more members of City Council or other advisory boards may be present. City of Edgewater Page 1 Printed on 11/28/2017 1) i City of I.E1)GE MATER December 5. 2017 Financial Status of Scholarship Fund • Current balance - $4,379 o 22 recurring monthly donations that generate $112.50 per month o Year to date revenue: • $1 ,143 from Backyard BBQ • $61 from Fall Festival o Approximately $2,800 in cash from prior year contributions Recent Princess Ball History • 2015 (unknown number of tickets sold) o Expenses $1,285.91 o Revenue $1 ,547.00 o Net Revenue $262.00 • 2016 (474 tickets sold) c Expenses $770.62 o Revenue $3,655.50 c Net Revenue $2,884.88 • 2017 (601 tickets sold) o Expenses $592.83 c Revenue $5,104.00 c Net Revenue $4,511.17 Budget Request for Princess Ball 2018 (Saturday, January 20) • $1,000 c Need to purchase new "Castle" for photo area c Cost per ticket for since 2015 has been S7 per person