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FESTIVAL IN THE PARK AGREEMENT <br /> THIS AGREEMENT is entered into this th day of July, 2011, by and <br /> between the City of Mounds View, a municipal corporation under the laws of <br /> Minnesota (the "City") and Festival in the Park of Mounds View, a Minnesota non-profit <br /> corporation (the "Corporation"). <br /> WHEREAS, the City is owner of City Hall, City Hall Park, and Community <br /> Center (collectively the "Park") located within the City; and <br /> WHEREAS, the Corporation desires to sponsor and coordinate an annual <br /> community event entitled, "Festival in the Park of Mounds View" (the "Festival"), to be <br /> held on August 20, 2011; and <br /> WHEREAS, pursuant to Minnesota Statutes, and other law, the City has the <br /> authority to operate a program of public recreation and enter into agreements with the <br /> Corporation pertaining to the conduct thereof; and <br /> WHEREAS, the City desires that the Corporation sponsor and coordinate the <br /> Festival; and <br /> WHEREAS, the City is willing to support the Festival, as set forth in this <br /> Agreement; and <br /> WHEREAS, the Corporation is willing to undertake the Festival sponsorship and <br /> support of the City in accordance with the terms and conditions of this Agreement. <br /> NOW THEREFORE, the parties agree as follows: <br /> 1. Scope of Festival. The Corporation wifl sponsor and coordinate all <br /> aspects of the Festival. <br /> 2. Time and Performance. This Agreement will begin as of August 19, <br /> 2011, and will terminate as of August 21, 2011 (the "Termination Date"). <br /> 3. City Contribution. The City will provide the assistance of City staff to <br /> assist the Corporation as set forth on Exhibit A, which is incorporated herein by <br /> reference. Then up to $4,500.00 City contribution shall be reduced by the amount of <br /> the personnel costs paid by the City for the Festival as set forth in Exhibit A. The city <br /> will provide the assistance of City equipment to assist the Corporation as set forth on <br /> Exhibit B, which is incorporated herein by reference. The city will allow use of the Park <br /> upon the Corporation requesting and obtaining the appropriate permits from the City <br /> for the Park. The City agrees to waive the permit fee for the Park. The City will pay up <br /> to the above-referenced amount, minus the appropriate reductions, to the Corporation <br /> after the City's payroll period following the Festival. <br /> If the Agreement should be terminated for any reason prior to the Termination <br /> Date, the Corporation will be compensated on a pro rata basis for the period of time <br /> that this Agreement was in effect. The Corporation shall pay any and all taxes due to <br /> federal, state, and local governments, and the City shall not withhold any amounts <br /> therefore. In addition, the Corporation shall be responsible for any necessary workers <br />