Fiscal Note
The proposed resolution authorizes the Second Amendment to the Use Agreement with the Northwoods League Inc. and Madison Mallards for non-exclusive use of Warner Park Stadium. This amendment extends the term of the initial agreement through 2028, subject to one-year renewal terms. Under this amendment, the Northwoods League and Madison Mallards would not be subject to a 2020 rental payment, and would pay a 2021 rental payment that is tied to attendance at games. The proposed schedule of payments for the agreement terms is as follows:
2021: $1, with a $1 per ticket payment to the City for all tickets sold in calendar year 2021 in excess of 125,000 tickets for games at the Ballpark.
2022: $65,000
2023: $65,000
2024: $70,000
2025: $70,000
2026: $75,000
2027: $75,000
2028: $80,000
The Madison Mallards LLC would retain responsibility for day-to-day maintenance of the stadium and field.
The 2021 Parks Operating Budget request assumed $67,195 in revenue, as agreed to under the terms of the previous agreement. If the proposed resolution is approved, the 2021 Parks Operating Budget will be updated to reflect revised revenue estimates.
Title
Authorizing the Mayor and City Clerk to Execute the Second Amendment to the Use Agreement with the Northwoods League Inc. and the Madison Mallards LLC for nonexclusive use of Warner Park Stadium. (AD#12)
Body
WHEREAS, since 2001, the Madison Mallards LLC (“Mallards”) have participated in the Northwoods League Inc. (League) summer collegiate baseball league, playing its home games at the City of Madison's ("City") Warner Park Stadium (the "Ballpark"); and,
WHEREAS, on November 4, 2010, the City, the Mallards, and the Northwoods League Inc. entered into the Use Agreement Between The City Of Madison, Madison Mallards LLC and Northwood League, Inc. For The Use Of Warner Park Stadium During The 2011-2020 Baseball Seasons (the “Agreement”) which Agreement set forth the terms and conditions upon which the Mallard...
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