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EDC announces first BEAR award to HIS Ministries, considers website, social media and a $24,850 cost proposal

3039552 · January 10, 2025
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Summary

The EDC’s review committee approved a BEAR reimbursement award of $50,000 to HIS Ministries for electrical work; the board received updates on website and social media discussions and learned a vendor lowered a cost proposal to $24,850 to fit this year’s budget.

The Santa Fe Economic Development Corporation reported the first award from its BEAR program and discussed several upcoming agenda items including improvements to the EDC website, the possibility of an EDC social media page and a cost proposal that aligns with this year’s budget for a program referred to in the packet as the veil coach.

Staff said the BEAR (Business Enhancement Assistance and Revitalization) review committee received its first application and approved $50,000 for HIS Ministries to bring the electrical system in one…

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