City of Madison - File #: 04956

• File #: 04956
• Version: 2
• Name: Memo of Understanding with Cherokee Park, Inc.
• Type: Resolution
• Status: Passed
• File created: 11/14/2006
• In control: PLAN COMMISSION
• On agenda: 1/16/2007
• Final action: 1/16/2007
• Enactment date: 1/18/2007
• Enactment #: RES-07-00148
• Title: SUBSTITUTE - Authorizing the Mayor and Clerk to sign a Memorandum of Understanding with Cherokee Park, Inc. ("Cherokee") providing for the purchase of lands owned by Cherokee and the purchase of conservation easements over other lands owned by Cherokee.
• Sponsors: Paul J. Van Rooy, Brian Benford, Judy K. Olson, Paul E. Skidmore, Kenneth Golden, David J. Cieslewicz

Date	Ver.	Action By	Action	Result
1/16/2007	2	COMMON COUNCIL	Adopt	Pass
1/8/2007	2	PLAN COMMISSION	RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER	Pass
1/2/2007	2	COMMON COUNCIL	Re-refer	Pass
12/18/2006	2	PLAN COMMISSION	RECOMMEND TO COUNCIL WITH THE FOLLOWING RECOMMENDATIONS - REPORT OF OFFICER	Pass
12/13/2006	2	BOARD OF PARK COMMISSIONERS
12/4/2006	2	PLAN COMMISSION	RECOMMEND TO COUNCIL WITH THE FOLLOWING RECOMMENDATIONS - REPORT OF OFFICER	Pass
11/27/2006	1	BOARD OF ESTIMATES (ended 4/2017)	Return to Lead with the Recommendation for Approval	Pass
11/22/2006	1	PLAN COMMISSION	Refer
11/22/2006	1	PLAN COMMISSION	Refer
11/21/2006	1	COMMON COUNCIL	Refer
11/15/2006	1	Finance Dept/Approval Group	Approved Fiscal Note By The Comptroller's Office
11/15/2006	1	Attorney's Office	Referred for Introduction
11/14/2006	1	Attorney's Office	Fiscal Note Required / Approval

Fiscal Note
The proposed Memorandum of Understanding (MOU) is one of three authorizing proposals that comprise the City's planned development of the Cherokee area. In addition to the MOU, the City has developed a Cherokee Special Area Plan and an Annexation Agreement between Cherokee Park Development, Inc. ("Cherokee") and the City, each of which is offered under separate authorizing Resolutions requiring Council approval.
The MOU is a statement of intent that provides for the City acquisition of open space protection through the purchase of up to 39 upland acres and 239 wetland acres. The acquisitions are expected to occur in phases over the next five years and will include a mix of fee simple acquisition and purchase of open space easements. Estimated total costs range from $3.37 million - $4.52 million, depending on appraised valuations. Grants will be sought to support up to 75% of the acquisition cost (requesting 50% from DNR Stewardship Fund and 25% from Dane County Conservation Fund). Alternatively, other puchasing mechanisms may be used to spread the acquisition costs to different supporters (direct DNR acquisitions, nonprofit partnerships, etc.). Each acquisition will require a separate resolution and fiscal note. Current balance in the City's fee in lieu of dedication fund (si32) is approximately $1.8 million.
Title
SUBSTITUTE - Authorizing the Mayor and Clerk to sign a Memorandum of Understanding with Cherokee Park, Inc. ("Cherokee") providing for the purchase of lands owned by Cherokee and the purchase of conservation easements over other lands owned by Cherokee.
Body
WHEREAS, the City wishes to purchase, in fee simple, certain lands owned by Cherokee and wishes to purchase conservation easements over additional lands owned by Cherokee; and

WHEREAS, in recognition of the unique environmental characteristics of the Cherokee lands, the City has been working, and plans to continue working with Dane County, the State of Wisconsin, and the Dep...