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<br /> <br />Request for Action <br /> <br /> <br />To Item Number <br />Mayor and City Council 6.1 <br />Agenda Section Meeting Date Prepared by <br />Presentations, Awards, May 7, 2018 Cal Portner, City Administrator <br />and Recognition <br />Item Description Reviewed by <br />University of Minnesota Local Option Sales Tax <br />Study Report <br />Reviewed by <br /> <br /> <br />Action Requested <br />Receive presentation <br /> <br />Background/Discussion <br />The University of Minnesota Extension completed a Local Option Sales Tax (LOST) study on the city’s <br />behalf to determine the impact of a LOST on Elk River residents. <br /> <br />Ryan Pesch will provide an overview of the findings and methodology and answer questions. <br /> <br />Financial Impact <br />N/A <br /> <br />Attachments <br /> LOST Report - DRAFT <br /> <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br />service, and community engagement that encourages and inspires prosperity <br />