6.2. SR 06-17-2019 - Laserfiche WebLink

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throughout all stages of the project to assure local interests are met. Local frontage road street improvement projects will need to take place prior to the Highway 169 construction. City voters' approved the local option sales tax referendum in November, directing the City to move forward with the Active Elk River plan design. The plan is a $35,000,000 comprehensive investment in a multi-purpose recreational facility, major park improvements, as well as funds designated to trails and natural/outdoor resources. The city will be working closely with our leaders at the state Legislature to get the proper approvals during the legislative session in early 2019. Implementation of the first of three phases of the Wayfmding Master Plan began in late 2018. Signs were installed in our neighborhood and signature parks to ease navigation for visitors and enhance the experiences in our recreational areas. The next phases will include entrance monuments for city gateways, directional signs, and informational kiosks. The wayfinding program ensures consistency and continuity for all city signage throughout the city. The City received grant approval from the Minnesota Department of Natural Resources for the funding of $362,000 for improvements to Woodland Trails Regional Park. Improvements will include a picnic shelter, a nature play area, biathlon/archery range upgrades, and park signage. The City has begun acquiring blighted properties near downtown for future redevelopment and development of new commercial and retail projects along Highway 10, one of the major roadways through the City. Awards and Acknowledgements The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Elk River for its Comprehensive Annual Financial Report for the fiscal year ended December 31, 2017. This was the 29th consecutive year that the City has received this prestigious award. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized Comprehensive Annual Financial Report. This report must satisfy both generally accepted accounting principles and applicable legal requirements. A Certificate of Achievement is valid for a period of one year only. We believe that our current Comprehensive Annual Financial Report continues to meet the Certificate of Achievement Program's requirements and we are submitting it to the GFOA to determine its eligibility for another certificate. The City received the GFOA Award for the Distinguished Budget Presentation for the City budget for the fiscal year beginning January 1, 2018. It was the tenth consecutive year the City received the award for the document. The preparation of this report is made possible by the efficient and dedicated services of the entire staff of the City Administrator's office and Finance Department. The Mayor and City Council are to be commended for their diligence and resolve in keeping the City in sound and stable financial condition. The City Council's commitment to continually plan for the City's future and dedication to maintain high financial standards has helped the City maintain its strong financial condition during a period of growth and market changes. Respectfully submitted, Lori Ziemer Finance Director