This resolution authorizes an agreement with Madison Festivals, Inc. for the closure and use of the City boat launch in Olin Park. The agreement will include a provision that Madison Festivals, Inc. pay the City a daily fee for closing the boat launch to public access to make up for lost revenue attributable to the closure, estimated to be $1,700. This revenue will be recognized as a part of the boat launch program within the Parks Division’s 2014 Operating Budget. Additional fees will be charged based upon specifics of the park event and street use permit process. These fees will be recognized as the general fund revenues. Total parks fees are estimated to be $4,000. Additionally, the agreement will stipulate that any repairs and/or modifications to the boat launch for the event will be at the sole cost of Madison Festivals.
Authorizing the temporary closure and private use of the Olin Park boat launch for Rhythm & Booms 2014.
WHEREAS, the City o...Click here for full text