Fiscal Note
This one-year Agreement provides a City contribution of $93,886 (a cash contribution of $16,886 and donation of base agency costs of $77,000). The 2012 Adopted Room Tax Fund Budget anticipates costs of $96,075, an amount equal to the City’s total 2011 contribution.
Title
Authorizing the Mayor and the City Clerk to enter into an Agreement with Madison Fireworks Fund, Inc. to provide the 2012 Rhythm & Booms Independence Day firework celebration at Warner Park.
Body
WHEREAS, on June 18, 1996, the Common Council of the City of Madison adopted Resolution No. 53,322, authorizing a partnership between the City and MFF (collectively the “Parties”) to furnish a safe and enjoyable celebration of our nation’s Independence Day at Warner Park in the City of Madison; and,
WHEREAS, each year since the adoption of Resolution No. 53,322, the Parties have partnered to provide Madison area residents and visitors with an Independence Day celebration commonly known as Rhythm & Booms at Warner Park in Madison (the “Event”); and
WHEREAS, on November 9, 2006 the Parties entered into the “Agreement Between the City of Madison and Madison Fireworks Fund, Inc. (Rhythm & Booms)”, a five-year agreement between the Parties relating to the Event that expired on July 31, 2011; and,
WHEREAS, both the City and MFF wish to continue, for 2012, their long standing successful partnership that has made Rhythm & Booms a signature event for the City and the Madison area, and one that furnishes a safe and enjoyable celebration of our nation’s Independence Day; and,
WHEREAS, the City agrees that on the day of the Event, MFF may use Warner Park to conduct Rhythm & Booms, consistent with the terms set forth in the attached “Agreement Between the City of Madison and Madison Fireworks Fund, Inc. for the 2012 Rhythm & Booms Event,” including, specifically, that the City will contribute $16,866 as a financial contribution to the MFF, as well as supply up to $77,000 in municipal services f...
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