7.2 PRSR 08-11-2021 - Laserfiche WebLink

Home Browse Search

The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity Request for Action To Parks and Recreation Commission Item Number 7.2 Agenda Section Action Item Meeting Date August 11, 2021 Prepared by Michael Hecker, Parks and Recreation Director Item Description Elk River Youth Lacrosse Association Field Lighting Payment Deferment Request Reviewed by Cal Portner, City Administrator Reviewed by Action Requested Recommend, by motion, amending the agreement with Elk River Youth Lacrosse to repay their remaining balance for Oak Knoll Athletic Complex field lighting in five annual payments of $4,449.60 due September 30, 2021 to 2025. Background/Discussion In March of 2018, Elk River Youth Lacrosse entered into an agreement with the city to fund the installation of field lighting at the Oak Knoll Athletic Complex. The agreement amounts to a total of $41,664 with a $12,000 initial payment followed by annual payments of $7,416 in 2019, 2020, 2021, and 2022. Elk River Youth Lacrosse (ERYL) President Brian Lambertz presented their case for a deferment at the Commission Work Session on July 14. They made the initial contribution of $12,000 and the first annual payment of $7,416 in 2019. Their first and only Council approved deferment was for 2020. They currently owe the city a total balance of $22,248. The Commission proposed to split the remaining balance into more manageable payments in lieu of another deferment. Financial Impact No payments were made in 2020. ERYL plans to pay the full amount owed to the city by spreading out their payments owed over a five-year period. The City Finance Director does not want to extend payments beyond five years. This will need to be approved by City Council. Attachments  Elk River Youth Lacrosse field lighting payment deferral request  Staff Report and Resolution March 5, 2018