Committee supports ongoing Chamber EDC contract funding
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Description
The committee discussed the City’s existing approximately $250,000-per-year economic development contract with the Bismarck-Mandan Chamber EDC and agreed to seek an additional $250,000 in the 2027 budget for Vision Fund loan capacity. This maintains the Chamber EDC’s contracted role while expanding available loan funds.
Contract Details
Contract Amount
$250,000 annually (existing economic development contract)
Vendor
BISMARCK-MANDAN CHAMBER EDC
Agency
Bismarck-Mandan MPO, ND
Contract Type
PROFESSIONAL_SERVICES
Document Date
April 23, 2026
Contract Term
Annual appropriation; baseline near $250,000 per year
Renewal Date
2027-12-31
Renewal Info
Baseline annual economic development contract funding of about $250,000 is expected to continue, with a planned request for additional Vision Fund loan capacity in the 2027 budget cycle.
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City of Bismarck Vision Fund Committee Agenda Packet 2026-05-28
City of Bismarck Vision Fund Committee Agenda Packet 2026-05-28
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