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ITEM # 5. <br />MEMORANDUM <br />TO: Economic Development Authority <br />FROM: Catherine Mehelich, Director of Economic Development <br />DATE: May 9, 201 I <br />SUBJECT: Request by Elk River Independence Day 201 I Committee <br />Jim Boyle, along with representatives of the Committee, will provide the EDA a verbal <br />presentation of plans for the Elk River Independence Day 2011 celebration. <br />In previous years, the EDA Budget included up to $6,000 for the Elk River Area Chamber <br />of Commerce July 4`'' Celebration. In 2010 the EDA authorized the budgeted expenditure <br />for the newly-formed Independence Day 2011 Celebration. The 2011 budget includes the <br />same amount and purpose in the Miscellaneous line item. <br />