Fiscal Note
This resolution makes arrangements for the 2008 Elver Park Independence Day celebration. Under terms of an agreement, Mid-West Management, Inc. will reimburse the City for the full cost of permit fees, fire, parks, and traffic services. In addition, the City expects to incur $50,000 to $60,000 for various police costs, for which partial reimbursement of $37,000 will be paid by Mid-West. The City will absorb the remaining police costs estimated at $13,000 to $23,000. This resolution also amends the Parks Division Operating Budget to provide $20,000 for full payment of the fireworks display to Bartolotta Fireworks Company, Inc., to be fully reimbursed by Mid-West. No additional appropriation is required, and there is no impact on the Expenditure Restraint Program.
Title
Authorizing the Mayor and City Clerk to execute a Use Agreement between the City and Mid-West Management, Inc. (Mid-West) for the July 4th Celebration at Elver Park; amending the 2008 City of Madison Parks Division Budget; and authorizing the Mayor and City Clerk to enter into an Agreement between the City and Bartolotta Fireworks Company, Inc. for the fireworks display 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"); and
WHEREAS, beginning in 2007 Mid-West Management, Inc., d/b/a Mid-West Family Broadcasting, stepped forward and offered to sponsor the Event; and
WHEREAS, attendance at the Event has increased and requires substantial City resources to ensure a safe and orderly celebration; and
WHEREAS, the Board of Park Commissioners has determined that events in City Parks be self-supporting, and the City will require that Mid-West reimburse the City for the full costs of fire, parks and traffic services, city Parks permits, fire permit fees, the full cost of the fireworks display, and for up to $37,000 of the cost of...
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