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FESTIVAL IN THE PARK AGREEMENT <br /> <br /> <br />THIS AGREEMENT is entered into this ____th day of July, 2012, 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 18, 2012; and <br />WHEREAS, pursuant to Minnesota Statutes, and other laws, 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 /> <br />NOW THEREFORE, the parties agree as follows: <br /> <br />1. Scope of Festival. The Corporation will sponsor and coordinate all <br />aspects of the Festival. <br /> <br />2. Time and Performance. This Agreement will begin as of August 17, <br />2012, and will terminate as of August 19, 2012 (the “Termination Date”). <br /> <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 <br />Park upon the Corporation requesting and obtaining the appropriate permits from the <br />City for the Park. The City agrees to waive the permit fee for the Park. The City will <br />pay up to the above-referenced amount, minus the appropriate reductions, to the <br />Corporation after the City’s payroll period following the Festival. <br /> <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. If the Agreement should be terminated for any <br />reason prior to the Termination Date, the City’s assistance to the Corporation will <br />cease upon termination. In such case any unfulfilled assistance as set forth in Exhibits <br />A and B will remain unfulfilled. The Corporation shall pay any and all taxes due to <br />federal, state, and local governments, and the City shall not withhold any amounts