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7.3. EDSR 05-17-2021 City of Elk �-- Request for Action River To Item Number Economic Development Authori 7.3 Agenda Section Meeting Date Prepared by General Business May 17, 2021 Colleen Eddy, Economic Development Specialist Item Description Reviewed by Public Art Initiative Update Cal Portner, City Administrator Reviewed by Action Requested Item presented for information and discussion purposes. Background/Discussion The Bank of Elk River has confirmed a contribution of$2,500 and the Elk River Chamber of Commerce has also indicated an interest in contributing. Staff has been in contact with the Milligan Studio,who has been posting Slipstream's progress on their website. Granite Shores is working on the concrete base and all parties have been staying in contact as the installation nears. Financial Impact N/A Mission/Policy/Goal The Public Art Subcommittee works under the EDA to implement a public art initiative. Attachments ■ N/A The Elk River Vision A Y�elcoming community nvith revolutionary and spirited resourcefulness, exceptional P U W E H E o s r service, and community engagement that encourages and inspires prosperity ,g /` UR