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ITEM 3.4 Accepting donationot NNESOTA DEPARTMENT INFORMATION Request for City Council Action ORGINATING DEPARTMENT: REQUESTOR: MEETING DATE: Parks and Recreation Ross Demant, Parks and December 8,2014 No Recreation Manager The Bank of Elk River has entered into a partnership with the City of Otsego to help the City promote PRESENTER(s): REVIEWED BY: ITEM #: Consent Lori Johnson, City Administrator 3.4 AGENDA ITEM DETAILS RECOMMENDATION: Staff recommends the City Council accept the $4,500 donation from The Bank of Elk River for the exclusive partnership of the 2014-2015 Movie Series and the 2015 Splash and Play Entertainment Series. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? No No BACKGROUND/JUSTIFICATION: The Bank of Elk River has entered into a partnership with the City of Otsego to help the City promote health and wellness throughout the community. The Bank of Elk River is donating $4,500 to the City of Otsego and in return will be the exclusive partner for the 2014-2015 Movie Series and the 2015 Splash and Play Entertainment Series. In addition to the exclusive partnerships, The Bank of Elk River will also provide volunteers at other events throughout the year. The Bank and City encourage other local businesses to attend and help promote community at these events also. We are thankful for The Bank of Elk River's contribution to Otsego recreation programs and look forward to an ongoing relationship with The Bank of Elk River as we expand our recreation programs and community events. SUPPORTING DOCUMENTS: ❑ ATTACHED ❑ NONE • Resolution 2014-80 MOTION: (Please word motion as you would like it to appear in the minutes.) Motion to Resolution 2014-80 accepting a $4,500 donation from The Bank of Elk River for the exclusive partnership of the 2014-2015 Movie Series and the 2015 Splash and Play Entertainment Series. BUDGET INFORMATION FUNDING: BUDGETED: 11 YES X NO ACTION TAKEN ❑ APPROVED AS REQUESTED ❑ DENIED ❑ TABLED ❑ OTHER (List changes) COMMENTS: CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO. 2014-80 RESOLUTION ACCEPTING A DONATION FROM THE BANK OF ELK RIVER TO THE OTSEGO PARKS AND RECREAITON DEPARTMENT WHEREAS, The Bank of Elk River has made a donation of $4,500.00 to the Otsego Parks and Recreation Department; and, WHEREAS, the donation to the Otsego Parks and Recreation Department is for the purpose of supporting provisions of community events in Otsego; and, WHEREAS, Minnesota Statutes 465.03 requires that all gifts and donations or real or personal property be accepted only with 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; and, NOW THEREFORE BE IT RESOLVED by the City Council of the City of Otsego, Wright County, Minnesota that the donation by The Bank of Elk River is hereby accepted. ADOPTED this 8t' day of December, 2014 by the Otsego City Council. Motion to Adopt made by Council Member Council Member IN FAVOR: OPPOSED: and seconded by CITY OF OTSEGO Jessica Stockamp, Mayor Tami Loff, City Clerk