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<br /> <br /> <br /> <br />March 6, 2023 <br /> <br /> <br />Julia Schreifels <br />Vice President, Director of Marketing and Communications <br />The Bank of Elk River <br />630 Main Street NW <br />Elk River, MN 55330 <br /> <br />Dear Julia: <br /> <br />This letter of contract is to formalize the agreement between The Bank of Elk River and the City of Elk River <br />regarding the sponsorship of the Riverfront Concert Series. <br /> <br />The term of the contract shall be for one-year 2023 concert season. The Bank of Elk River shall contribute <br />$20,000 to secure the exclusive sponsorship rights of the 2023 Riverfront Concert Series. <br /> <br />Sponsorship benefits will include: <br /> <br />1. Sole corporate sponsor of the Riverfront Concert Series. <br /> <br />2. The development of a marketing plan focusing on The Bank of Elk River sponsorship. The plan will <br />be developed in conjunction with The Bank of Elk River staff to ensure all groups are informed and <br />in agreement of marketing methods being utilized. <br /> <br />Sponsorship payment for the 2023 series shall be made by May 1, 2023. <br /> <br />Sincerely, <br /> <br /> <br /> <br />Calvin P. Portner <br />City Administrator <br />City of Elk River <br /> <br /> <br />13065 Orono Parkway <br />Elk River, MN 55330 <br />763.635.1000 <br /> <br /> <br /> <br /> <br />ElkRiverMN.gov <br /> <br />