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ITEM N0.5.1 <br />MEMORANDUM <br />Ve'+ TO: Mayor & City Council ~ \ <br />l1 FROM: Lori Johnson, Assistant City ~(~+ <br />Administrator <br />DATE: June 5, 1995 <br />SUBJECT: Elk River Area Arts Council Matching <br />Funds Request <br />The 1995 Recreation budget includes an expenditure of $5,000 in matching <br />funds for the Elk River Area Arts Council. Attached is information <br />submitted by the Arts Council indicating that in excess of $5,000 have been <br />raised. The Arts Council is requesting release of the $5,000 included in the <br />1995 budget. <br />The Council is requested to act on the Elk River Area Arts Council request <br />for $5,000 in matching funds. <br />• <br />C~ <br />13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • (612) 441-7420 • Fax: (6l2) 441-7425 <br />