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5.1. SR 05-18-2009REQUEST FOR ACTION To Item Number Ma or and Ci Council 5.1 Agenda Section Meeting Date Prepared by Parks and Recreation May 18, 2009 Bill Maertz, Parks and Recreation Director Item Description Reviewed by Resolution Acknowledging a Donation from The Bank of Elk Lori ohnson, Ci Administrator River for Sponsorship of Community Events Reviewed by Action Requested The Council is asked to adopt the attached resolution acknowledging a donation from The Bank of Elk River for sponsorship of community events. Background/Discussion The Bank of Elk River has been a sponsor of the Riverfront Concert Series since 2007. With this donation, the bank has become the exclusive sponsor of the Riverfront Concert Series. In addition, The Bank of Elk River is a participating sponsor of Kidstock, Chalk it up!, Safety Camp, and the Farmers Market. Financial Impact Donation of $14,000 Attachments ^ Resolution Action Motion by Second by Vote Follow Up C:\llocurnents and Settings\jmiller\I,ocal Settings\'T'emporary Internet Files\OLK3E\5 1 Memo.doc RESOLUTION #09- RESOLUTION ACKNOWLEDGING CONTRIBUTIONS TO THE CITY OF ELK RIVER WHEREAS, the Ciry of Elk River is grateful to all civic groups, organizations, and individuals for their contributions to the community; and WHEREAS, the Ciry of Elk River received a $14,000 donation from The Bank of Elk River with the intent it be used by the Parks and Recreation Department for the Riverfront Concert Series and other department special events; and NOW, THEREFORE, BE IT RESOLVED by the Ciry Council of the City of Elk River, by at least atwo-thirds vote, to acknowledge the support and commend The Bank of Elk River for their donation. Passed and adopted by the Ciry Council of the City of Elk River this 18`'' day of May 2009. ATTEST: Stephanie Klinzing, Mayor Tina Allard, City Clerk