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7. EDSR 05-14-2012City of ~ .,.. R~Ver REQUEST FOR ACTION TO ITEM NUMBER Economic Develo ment Authori 7. AGENDA SECTION MEETING DATE PREPARED BY May 14, 2012 Annie Deckert, Director of Economic Develo ment ITEM DESCRIPTION REVIEWED B)/ Elk River Independence Day Committee donation request Cal Portner, Ci Administrator REVIEWED BY ACTION REQUESTED Consider a donation request from the Elk River Independence Day Committee BACKGROUND/DISCUSSION Jim Boyle, along with representatives of the Committee, will provide the EDA with a verbal presentation of plans for the 2012 Elk River Independence Day celebration. In previous years, the EDA Budget included up to $6,000 for the July 4`h Celebration. In 2010, the EDA authorized a budgeted expenditure for the newly-formed Independence Day Celebration. The EDA approved the $6,000 donation request in 2011 and included $6,000 in the 2012 budget for the July 4`h celebration event. FINANCIAL IMPACT The $6,000 request would come out of the Miscellaneous Expense line item of the budget. Action Motion by Second by Vote FoFlow Up ~~II~:IIE~ ~ N:\Departments\Community Development\Economic Development\EDA to move\Agenda\Year 2012\5-1412 EDA ~' Agenda\5-1412 4th of July donation ~quest.docx