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<br /> <br />Request for Action <br /> <br /> <br /> <br /> <br /> <br />To Item Number <br />Mayor and City Council 6.1 <br />Agenda Section Meeting Date Prepared by <br />Presentations March 6, 2023 Michael Hecker, Recreation Manager <br />Item Description Reviewed by <br />Acknowledge Contribution: The Bank of Elk River Cal Portner, City Administrator <br />Reviewed by <br /> <br /> <br />Action Requested <br />1. Adopt, by motion, a resolution acknowledging contribution by The Bank of Elk River. <br />2. Approve, by motion, adoption of the contract with The Bank of Elk River. <br /> <br />Background/Discussion <br />The Bank of Elk River has long contributed funds to support the Riverfront Concert Series operated by the Elk <br />River Parks and Recreation Department. <br /> <br />Staff would like the City Council to acknowledge and recognize The Bank of Elk River for their generous <br />contribution towards the 2023 Riverfront Concert Series by a formal resolution. <br /> <br />Attached is an agreement for a one-year contract between the city and The Bank of Elk River to sponsor the <br />Riverfront Concert series for 2023. <br /> <br />Financial Impact <br />The financial contribution is in the amount of $20,000 for the 2023 season. <br /> <br />Mission/Policy/Goal <br />Opportunity to live, work, and play <br /> <br />Attachments <br /> Resolution <br /> Contract <br /> <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br /> <br />service, and community engagement that encourages and inspires prosperity. <br />Updated: January 2023 <br /> <br />