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EOty1� ,.,�� Request for Action <br /> River <br /> To Item Number <br /> Mayor and City Council 4.4 <br /> Agenda Section Meeting Date Prepared by <br /> Consent November 4, 2019 Steve Benoit,Recreation Manager <br /> Item Description Reviewed by <br /> The Bank of Elk River Contract for the Riverfront Michael Hecker, Parks and Recreation Director <br /> Concert Series Reviewed by <br /> Cal Portner, City Administrator <br /> Action Requested <br /> Approve,by motion, a contract with The Bank of Elk River. <br /> Background/Discussion <br /> The Bank of Elk River has agreed to a three-year contract with the city to sponsor the Riverfront Concert <br /> Series. The contract will be for the 2021, 2021 and 2022 seasons. <br /> Financial Impact <br /> The financial contribution each year will be as follows: <br /> ■ 2020 $18,500 <br /> ■ 2021 $19,000 <br /> ■ 2022 $20,000 <br /> Attachments <br /> ■ Contract <br /> The Elk River Vision <br /> A wehoMing community with revolutionary and spirited resourcefulness, exceptional P,`01 W E H E 8 6 T <br /> service, and community engagement that encourages and inspires prosperity INAWRE1 <br />