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<br /> <br />Request for Action <br /> <br /> <br />To Item Number <br />Mayor and City Council 6.4 <br />Agenda Section Meeting Date Prepared by <br />Presentations, Awards, June 4, 2018 Steve Benoit, Recreation Manager <br />and Recognitions <br />Item Description Reviewed by <br />Acknowledge Contribution from The Bank of Elk Michael Hecker, Parks and Recreation Director <br />River <br />Reviewed by <br />Cal Portner, City Administrator <br /> <br />Action Requested <br />1. Approve, by motion, resolution acknowledging a contribution from The Bank of Elk River. <br />2. Presentation of a commemorative plaque. <br /> <br />Background/Discussion <br />The Bank of Elk River has contributed funds to support the Riverfront Concert Series operated by the <br />Elk River Parks and Recreation Department. <br /> <br />Attached is a resolution acknowledging and recognizing The Bank of Elk River for their contribution <br />towards the 2018 Riverfront Concert Series. <br /> <br />We are in the second year of a three-year contract with The Bank of Elk River to sponsor the concert <br />series. The contract is for the years 2017 to 2019. <br /> <br />Representatives from The Bank of Elk River will be in attendance. <br /> <br />Financial Impact <br />The financial contribution is in the amount of $16,000 for the 2018 season. $16,000 will also be the <br />sponsorship amount for the 2019 Riverfront Concert series. <br /> <br />Attachments <br /> Resolution <br /> <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br />service, and community engagement that encourages and inspires prosperity <br />