4.7. SR 10-17-2011 - Laserfiche WebLink

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1-~.1V~~` TO: FROM: DATE: SUBJECT: MEMORANDUM Parks and Recreation Commission Steve Benoit, Recreation Manager Stephanie Albin, Recreation Coordinator October 5, 201 I Bank of Elk River Sponsorship Item: 7. I .A. ' Re uest The Parks and Recreation Department would like support in requesting $14,000 from The Bank of Elk River as a contribution for community events. Background As in prior years, The Bank of Elk River would be the exclusive sponsor of the Riverfront Concert Series, Kidstock, Chalk It Up, and the Elk River Farmer's Market. In addition, the Bank of Elk River would continue to be a participating sponsor of all other Parks and Recreation managed community events, such as Fright Night and the I~illside Single Track Attack Mountain Bike State Race. The partnership The Bank of Elk River and the City of Elk River's Parks and Recreation Department has had over the past few years has brought the Elk River community together to share family fun activities that enhance the quality of life in Elk River. C-ne such activity; the Riverfront Concert Series, has not only brought benefit to the communitybut has become an Elk River tradition. In seeking the 2012 sponsorship, The Bank of Elk River has discussed the following additional benefits to the past sponsorship arrangement. While adding minimal cost to the City, these additional benefits would add value to the sponsorship and would enhance the collaborative efforts to benefit the community: 1. A dedication plaque recognizing The Bank of Elk River for the Riverfront Concert Series at the downtown park The location of the plaque is yet to be determined. The additional cost to purchase the plaque is estimated at $25 to $100. 2. Currently, the Farmer's Market is held at the Westbound Liquor store parking lot. The Bank's request is to move the Elk River Farmer's Market downtown to the Bank's parking lot north of HW 10 and Main Street. Staff would have to work with Plannirlg Department staff to see if this location is feasible, if not, than to assist in N\Departmerns\Pacis andRecrearion\Recreation\2011 PRCPackers\10-12-11 PRCPacket\Item7.l.ABankSponsoiship.doc