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RES 2025-14 Accepting a Donation from the Bank of Elk RiverCITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO: 2025-14 ACCEPTING A DONATION FROM THE BANK OF ELK RIVER WHEREAS, the Banl< of EII< 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 Banl< of EII< 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 Banl< 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: Dunlap SECONDED BY: Goede INFAVOR: Stockamp, Dunlap, Goede, Lund, and Tanner OPPOSED: none ®F ®fill, -r •vrev � ,���/llllllllll�`` CITY OF OTSEGO II Jessica L. Stockamp, Ma'• ATTEST: Audraf tzel, City Clerk