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The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community <br />engagement that encourages and inspires prosperity <br /> <br /> <br />Request for Action <br /> <br />To <br />City Council <br />Item Number <br />4.8 <br /> <br />Meeting Date <br />November 18, 2024 <br />Prepared By <br />Joe Stremcha, Business Services Director/Assistant <br />City Administrator <br /> <br />Item Description <br />FT Center - Quick Cash ATMs Agreement 2024-29 <br />Reviewed by <br />Cal Portner <br />Tina Allard <br /> <br />Action Requested <br />Approve, by motion, the Quick Cash ATMs agreement as presented. <br /> <br />Background/Discussion <br />The current ATM agreement at the FT Center does not provide a source of revenue for the facility. The <br />agreement presented will provide the FT Center with a $1.00 per transaction surcharge. The rate will <br />increase to $1.75 if the FT Center becomes a licensed location for pull tabs. <br /> <br />Financial Impact <br />Revenue opportunity for the FT Center. <br /> <br />Mission/Policy/Goal <br />Meet changing needs - agile. <br /> <br />Attachments <br />1. Quick Cash ATMs Agreement <br /> <br /> <br />Page 29 of 204