Fiscal Note
The $167,364.00 in funding (or potentially more) to be received from this grant will be deposited into the Citywide Parkland Acquisition Fund (coding below), as this was the funding source for the original purchase. The proposed indemnification language has been reviewed by the City's Risk Manager. The City's risk exposure is increased by this clause, but the exposure is covered by insurance, subject to its terms and conditions. Since the land acquisition account provided the initial cash for the purchase, grant funding is to be deposited into: SI32-73216-000000-00-0000000-00000000-00000000.
Title
To authorize the Mayor and City Clerk to enter into a grant agreement with the Wisconsin Department of Natural Resources for reimbursement of expenses incurred for parkland acquisition (Merrill Springs Park).
Body
WHEREAS, Resolution 11-00965 authorized the acquisition of the lot at 5100 Spring Court for a total cash disbursement of $867,000 for the expansion of Merrill Springs Park ("Merrill Springs Park Acquisition") and was adopted by the Common Council on November 29, 2011; and
WHEREAS, the acquisition was made using funding from the Citywide Parkland Acquisition Fund; and
WHEREAS, the City Parks Division pursued additional funding for the purchase of the Merrill Springs Park Acquisition from the State Stewardship Grant Fund; and
WHEREAS, the Wisconsin Department of Natural Resources has tentatively selected the Merrill Springs Park Acquisition to receive a grant in the amount of at least $167,364; and
WHEREAS, the grant agreements contain a provision which requires the City to hold harmless, indemnify and defend against liability, damage, claims or suits which arise out of environmental hazards associated with the property covered by this grant agreement; and
WHEREAS pursuant to APM No. 1-1, the inclusion of such a provision requires the express approval of the Common Council; and
WHEREAS, as a condition of the agreements, the City...
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