7.1.A. PRSR 10-12-2011 - Laserfiche WebLink

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TO: FROM: DATE: SUBJECT: MEMORANDUM Parks and Recreation Commission Steve Benoit, Recreation Manager Stephanie Albin, Recreation Coordinator October 5, 201 I Bank of Elk River Sponsorship Item: 7. I .A. Request The Parks and Recreation Department would like support in requesting $14,000 from The Bank of Elk River as a contribution for community events. Background As in prior years, The Bank of Elk River would be the exclusive sponsor of the Riverfront Concert Series, Kidstock, Chalk It Up, and the Elk River Farmels Market. In addition, the Bank of Elk River would continue to be a participating sponsor of all other Parks and Recreation managed communityevents, such as Fright Night and the Hillside Single Track Attack Motmtain Bike State Race. The partnership The Bank of Elk River and the City of Elk River's Parks and Recreation Department has had over the past few years has brought the Elk River community together to share family fun activities that enhance the quality of life in Elk River. Ckle such activity; the Riverfront Concert Series, has not onlybrought benefit to the community but has become an Elk River tradition. In seeking the 2012 sponsorship, The Bank of Elk River has discussed the following additional benefits to the past sponsorship arrangement. While adding minimal cost to the City, these additional benefits would add value to the sponsorship and would enhance the collaborative efforts to benefit the community: 1. A dedication plaque recognizing The Bank of Elk River for the Riverfront Concert Series at the downtown park The location of the plaque is yet to be determined. The additional cost to purchase the plaque is estimated at $25 to $100. 2. Currently, the Farmer's Market is held at the Westbound Liquor store parking lot. The Bank's request is to move the Elk River Farmer's Market downtown to the Bank's parking lot north of HW 10 and Main Street. Staff would have to work with Planning Department staff to see if this location is feasible, if not, than to assist in N:\Departmenu\Pada and Recreazion\Recreaion\2011 PRC Pazkets\ lP 12-11 PRC Pazke[\Ium 7.1.A-Bank Sponsorsltip.d«