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The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community <br />engagement that encourages and inspires prosperity <br /> <br /> <br />Request for Action <br /> <br />To <br />City Council <br />Item Number <br />4.9 <br /> <br />Meeting Date <br />June 3, 2024 <br />Prepared By <br />Joe Stremcha, Business Services Director/Assistant <br />City Administrator <br /> <br />Item Description <br />Resolution 24-27: Confirming Status of Lease <br />Agreement with iBackCheck <br />Reviewed by <br />Cal Portner <br />Tina Allard <br /> <br />Action Requested <br />Adopt, by motion, Resolution 24-27 confirming status of lease agreement with iBackCheck. <br /> <br />Background/Discussion <br />The City Council agreed to withdraw the lease termination and reconfirm the lease status after hearing from <br />iBackCheck CEO Dr. Christi Jo Christiansen and The Bank of Elk River Commercial Lender Michelle <br />Thatcher. <br /> <br />Financial Impact <br />None <br /> <br />Mission/Policy/Goal <br />Work with citizens to achieve goals. <br /> <br />Attachments <br />1. Resolution Confirming Status of Lease Agreement <br /> <br /> <br />Page 42 of 464