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<br />Request for Action <br /> <br /> <br /> <br /> <br /> <br />To Item Number <br />Mayor and City Council 6.2 <br />Agenda Section Meeting Date Prepared by <br />Presentations, Awards February 1, 2021 Michael Hecker, Parks and Recreation Director <br />and Recognitions <br />Item Description Reviewed by <br />Acknowledge Contribution by The Bank of Elk Cal Portner, City Administrator <br />River and Approve Contract <br />Reviewed by <br /> <br /> <br />Action Requested <br />1. Adopt, by motion, a resolution acknowledging contribution by The Bank of Elk River. <br />2. Approve, by motion, contract with The Bank of Elk River. <br /> <br />Background/Discussion <br />The Bank of Elk River has contributed funds to support the Riverfront Concert Series operated by the Elk River <br />Parks and Recreation Department. <br /> <br />Attached is a resolution acknowledging and recognizing The Bank of Elk River for their contribution towards the <br />2021 Riverfront Concert Series. <br /> <br />Attached is an agreement for a two-year contract between the city and The Bank of Elk River to sponsor the <br />Riverfront Concert series for 2021 and 2022. It was reviewed by the City Attorney. <br /> <br />Financial Impact <br />The financial contribution is in the amount of $19,000 for the 2021 season and $20,000 for the 2022 season. <br /> <br />Mission/Policy/Goal <br />Opportunity to live, work, and play <br /> <br />Attachments <br /> Resolution <br /> Contract <br /> <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br /> <br />service, and community engagement that encourages and inspires prosperity. <br /> Updated: August 2020 <br />