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EOty1� ,.,�� Request for Action <br /> River <br /> To Item Number <br /> Mayor and City Council 6.1 <br /> Agenda Section Meeting Date Prepared by <br /> Presentations,Awards, June 3, 2019 Steve Benoit,Recreation Manager <br /> and Recognitions <br /> Item Description Reviewed by <br /> Acknowledge Contribution by The Bank of Elk Michael Hecker, Parks and Recreation Director <br /> River Reviewed by <br /> Cal Portner, City Administrator <br /> Action Requested <br /> 1. Adopt,by motion, a resolution acknowledging contribution by The Bank of Elk River. <br /> 2. Presentation of commemorative plaque. <br /> Background/Discussion <br /> The Bank of Elk River has contributed funds to support the Riverfront Concert Series operated by the <br /> Elk River Parks and Recreation Department. <br /> Attached is a resolution acknowledging and recognizing The Bank of Elk River for their contribution <br /> towards the 2019 Riverfront Concert Series. <br /> We are in the final year of a three-year contract with The Bank to sponsor the Riverfront Concert series. <br /> The contract is for the years 2017 to 2019. <br /> Representatives from The Bank of Elk River will be in attendance. <br /> Financial Impact <br /> The financial contribution is in the amount of$16,000 for the 2019 season. $16,000 was also the <br /> contribution amount for the 2017 and 2018 seasons. <br /> Attachments <br /> ■ Resolution <br /> The Elk River Vision <br /> A PehoMing community 2a itb revolutionary and spirited resourcefulness, exceptional POWERED By <br /> service, and community engagement that encourages and inspires prosperity INAMIRE1 <br />