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6.1. SR 04-03-2017 EOty1� ,.,�� Request for Action River To Item Number Mayor and City Council 6.1 Agenda Section Meeting Date Prepared by Presentations,Awards, April 3, 2017 Steve Benoit,Recreation Manager and Recognitions Item Description Reviewed by Acknowledge Contribution by The Bank of Elk Michael Hecker, Parks and Recreation Director River Reviewed by Cal Portner, City Administrator Action Requested 1. Approve,by motion,resolution acknowledging contribution by The Bank of Elk River. 2. Approve,by motion, adoption of the contract with The Bank of Elk River. 3. Presentation of plaque. Background/Discussion The Bank of Elk River has contributed funds to support the Riverfront Concert Series operated by the Elk River Parks and Recreation Department. Attached is a resolution acknowledging and recognizing The Bank of Elk River for their contribution towards the 2017 Riverfront Concert Series. Attached is an agreement for a three year contract between the city and The Bank of Elk River to sponsor the Riverfront Concert series from 2017 to 2019. Representatives from the Bank of Elk River will be in attendance. Financial Impact The financial contribution was in the amount of$16,000 for the 2017 season. $16,000 will also be the sponsorship amount for the 2018 and 2019 Riverfront Concert series. Attachments ■ Resolution ■ Contract POWERED 6T Template Updoted 4/14 INAWRE1 City of Elk River Councilmember introduced the following resolution and moved its adoption: Resolution 17- A Resolution of the City of Elk River Acknowledging Contributions WHEREAS, the City of Elk River is grateful to all civic groups, organizations, and individuals for their contributions to the community; and WHEREAS, the City of Elk River received a$16,000 donation from The Bank of Elk River with the intent it be used by The Elk River Parks and Recreation Department for the Riverfront Concert Series. NOW, THEREFORE, BE IT RESOLVED by the City Council,by at least four-fifths vote to acknowledge the support and commend The Bank of Elk River for their donation. The motion for adoption of the foregoing resolution was duly seconded by Councilmember , and upon vote being taken thereon, the following voted in favor thereof- and the following against: ,whereupon said resolution was declared duly passed and adopted. The following members were present: and the following absent: Passed and adopted this 3rd day of April, 2017. John J. Dietz,Mayor ATTEST: Tina Allard, City NATUREJ AGREEMENT 2017-05