Fiscal Note
This three-year Agreement requires the event sponsor to reimburse the City for a portion of the costs associated with the Elver Park fireworks celebration. Total costs for 2005 are estimated at $52,800 to $62,800, including permits and staff costs. The Police Department share of those costs is estimated at $50,000 to $60,000. This Agreement limits the reimbursement by the sponsor to a maximum of $30,000 in 2005 and $35,000 in 2006 and 2007 for police costs. The City will absorb the police costs in excess of the maximum reimbursement. The Agreement requires the sponsor to pay in full all permit fees as well as fire, parks and traffic costs (estimated at $2,800).
Title
SUBSTITUTE - Authorizing the Mayor and City Clerk to execute a Use Agreement between the City and Capstar Radio Operating Company for the July 4th Celebration at Elver Park.
Body
WHEREAS, since 1985, the City and sponsoring organizations have worked together to provide Madison area visitors and residents with an Independence Day celebration at Elver Park (the "Event");
WHEREAS, Capstar Radio Operating Company ("Capstar") has offered to sponsor the Event for the years 2005, 2006 and 2007; and
WHEREAS, attendance at the Event has increased and requires substantial City resources to ensure a safe and orderly celebration; and
WHEREAS, the Park Commission has determined that all events in City Parks be self-supporting, and the City will require that Capstar reimburse the City for a portion of the costs related to the Event, including a portion of the cost of police services, which are estimated to be $50,000 to $60,000; and
WHEREAS, the parties desire to enter into a three (3) year written Agreement setting forth their responsibilities to provide a safe and orderly Independence Day Celebration at Elver Park.
NOW, THEREFORE, BE IT RESOLVED, that the Mayor and Clerk are hereby authorized to execute a three (3) year Use Agreement between the City and Capstar Radio Operating Company f...
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