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8.1 SR 01-18-2022 Request for Action To Item Number Mayor and City Council 8.1 Agenda Section Meeting Date Prepared by General Business January 18, 2022 Warren Ellingworth, Recreation Coordinator Item Description Reviewed by Elk River Youth Lacrosse Association Field Michael Hecker, Parks and Recreation Director Lighting Payment Deferment Request Reviewed by Cal Portner, City Administrator Action Requested Amend, by motion, the agreement with Elk River Youth Lacrosse to repay their remaining balance for Oak Knoll Athletic Complex field lighting in five annual payments of $4,449.60 due Sept. 30, 2021, to 2025. Background/Discussion In March of 2018, Elk River Youth Lacrosse (ERYL) entered into an agreement with the city to fund the installation of field lighting at the Oak Knoll Athletic Complex. The agreement amounts to a total of $41,664 with a $12,000 initial payment followed by annual payments of $7,416 in 2019, 2020, 2021, and 2022. The ERYL president at that time presented their case for a deferment at the Commission Work Session on July 14. They made the initial contribution of $12,000 and the first annual payment of $7,416 in 2019. They received a Council-approved deferment in 2020 due to the pandemic and currently owe a balance of $22,248. The Commission proposed to split the remaining balance into more manageable payments in lieu of another deferment. On November 29, the chair, the park and recreation director, and the recreation coordinator met with the new president and treasurer. They understand the need to pay the outstanding balance and said it would be very helpful to have the payment lowered for an extended period as they work to rebuild the youth lacrosse program. The Commission unanimously recommended on December 8 to amend the agreement with ERYL to repay their remaining balance for Oak Knoll Athletic Complex field lighting in five annual payments of $4,449.60. Financial Impact No payments were made in 2020. ERYL plans to pay the full amount owed to the city by spreading out their payments owed over a five-year period. The city finance director, citing best practices, does not want to extend payments beyond five years. This will need to be approved by the City Council. Attachments  None The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity. Updated: August 2020