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of Item #: 10 <br /> MEMORANDUM <br /> River <br /> 13065 Orono Parkway TO: Park and Recreation Commission <br /> Elk River,MN 55330 <br /> FROM: Michele McPhersohr,Director of Planning <br /> DATE: June 7, 2001 <br /> SUBJECT: Informational/Update Items for June 13, <br /> 2001 Meeting <br /> B. Park/Trail Developments <br /> 1. Letter to Tom Gilgenbach <br /> 2. River City Snow Riders Newsletter <br /> 3. BMX Article-Elk River Star News <br /> • 4. Park Dedication Fund Balance <br /> As of month end May, the cash balance in the park dedication fund was $801,470.22. <br /> With anticipated final plats, revenues are anticipated at $120,000. The City received the <br /> deed to Outlot C, Ridges of Rice Lake in May; 27 acres. <br /> • <br /> Phone:763.441.7420 <br /> Fax:763.441.7425 <br /> www.ci.elk-river.mn.us <br />