Fiscal Note
Under the terms of the operating agreement, and in addition to the permit fee required, the permittee will make annual user fee payments throughout the term of the contract. The user fee payments escalate over the ten year term, starting at a $6,000 annual payment in 2015. The agreement includes a provision for capital investments made to the facility. These improvements will be approved by the City and owned by the City after completion. All such approved, completed and documented expenses up to $100,000 over the term of the agreement will be eligible for a user fee reduction of 50% of the value of the improvements. The agreement also includes an annual reimbursement of utility costs of $2,500 towards the cost of utilities for Wingra and Vilas Parks. The reimbursement of expenses and the permit use payments are budgeted for in the 2015 Parks Division Operating Budget. No appropriation is required, nor is any impact upon cost controls anticipated.
Title
To authorize the Mayor and City Clerk to enter into an Operating Agreement between the City of Madison and Wingra Canoe and Sailing Center, Inc. covering boat livery and concession operations utilizing certain lands and buildings at Vilas Park and Wingra Park for a ten year period from 2015 to 2024, with the possibility of one additional five year renewal.
Body
WHEREAS, the City has leased boat livery space to Wingra Canoe and Sailing Center, Inc. for approximately fifty years so that Madison area residents would have the opportunity to public access to Lake Wingra. In 2009, Wingra Canoe and Sailing Center, Inc. expanded its operations to include the Beach House at Vilas Park. The Wingra Canoe and Sailing Center, Inc. desires to continue to lease the same park area and buildings in Vilas Park and in Wingra Park for its boat livery operation. It is determined that the grant of such an operating agreement is in the public interest as it will facilitate Madison area residents with public bo...
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