Loading...
HomeMy WebLinkAbout4.a. magazine advertisement EXECUTIVE SUMMARY Port Authority Meeting Date: June 2, 2015 AGENDA SECTION: AGENDA ITEM: Minnesota Economic Development NewBusiness PREPARED BY: AGENDA NO. Kim Lindquist, Deputy Director4.a. ATTACHMENTS: APPROVED BY: ddj Letter from DEED RECOMMENDED ACTION: Information Item ISSUE Earlier this year the City received a letter from Kevin McKinnon, Deputy Commissioner of DEED about a new partnering opportunity. The State will be working with Journal Communications to develop a State marketing magazine. There will be magazines in print and also digital. The magazine is selling advertising space to communities and economic development agencies. Staff met with the magazine representative and booked ad space for ½ page after the Livability section of the magazine. In order to reserve our page I have entered into the contract. The State has committed to the magazine project for three years and we get the first right of refusal for the same advertisement location during that time period. The Ad is $3525. methods, and there is money in the budget to allow for this advertisement. An example of the economic development magazine can be found at the following for the State of Maine: http://businessclimate.com/maine-economic-development/magazine . The articles are created with the magazine publisher and the State and you cannot pay for the ability to be featured in an article. RECOMMENDATION Information only.