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Item 4.9 Donation from the Bank of Elk River Request for City Council Action DEPARTMENT INFORMATION ORIGINATING DEPARTMENT REQUESTOR: MEETING DATE: Parks and Recreation Parks and Recreation Director Jacobs April 14, 2025 PRESENTER(s) REVIEWED BY: ITEM #: Consent City Administrator/Finance Director Flaherty 4.9 – Accept Donation STRATEGIC VISION MEETS: THE CITY OF OTSEGO: Is a strong organization that is committed to leading the community through innovative communication. Has proactively expanded infrastructure to responsibly provide core services. Is committed to delivery of quality emergency service responsive to community needs and expectations in a cost-effective manner. Is a social community with diverse housing, service options, and employment opportunities. X Is a distinctive, connected community known for its beauty and natural surroundings. AGENDA ITEM DETAILS RECOMMENDATION: City staff recommend the City Council adopt a resolution accepting a donation. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? No No BACKGROUND/JUSTIFICATION: The Bank of Elk River continues to make the promotion of health and wellness in Otsego Community a priority. To show their commitment, they would again like to partner with the Otsego Parks and Recreation Department to provide free and reduced recreational opportunities throughout the year. 2025 will mark twelve years that The Bank of Elk River and the Otsego Parks and Recreation Department have partnered to provide greater access to recreational opportunities within the Otsego community. During that time, The Bank of Elk River has donated over $76,500 and hundreds of volunteer hours. The Otsego Parks and Recreation Department is thankful for The Bank of Elk River’s contribution and commitment to the Otsego Community and looks forward to continuing this partnership into 2025 and beyond. SUPPORTING DOCUMENTS ATTACHED: • Resolution 2025-14 POSSIBLE MOTION PLEASE WORD MOTION AS YOU WOULD LIKE IT TO APPEAR IN THE MINUTES: Motion to adopt Resolution 2025-14 accepting a donation from the Bank of Elk River. BUDGET INFORMATION FUNDING: BUDGETED: N/A N/A 1 CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO: 2025-14 ACCEPTING A DONATION FROM THE BANK OF ELK RIVER WHEREAS, the Bank of Elk River has made a cash donation of $8,500.00 to the City of Otsego; and WHEREAS, the donation to the City is for the purpose of supporting provisions of community events in Otsego through the Parks and Recreation Department; and WHEREAS, Minnesota Statutes 465.03 requires that all gifts and donations or real or personal property to be accepted only with the adoption of a resolution of the governing body; and WHEREAS, the City of Otsego sincerely thanks the Bank of Elk River for their generous donation and for its support of the community. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA: 1. That the donation from the Bank of Elk River in the amount of $8,500 has been hereby accepted. ADOPTED by the Otsego City Council this 14th day of April, 2025. MOTION BY: SECONDED BY: IN FAVOR: OPPOSED: CITY OF OTSEGO __________________________________ Jessica L. Stockamp, Mayor ATTEST: __________________________________ Audra Etzel, City Clerk