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<br />FESTIVAL IN THE PARK AGREEMENT <br /> <br /> <br />THIS AGREEMENT is entered into this ____th day of ________, 2007, by <br />and 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 <br />non-profit 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, “Mounds View Festival in the Park” (the “Festival”), to <br />be held on August 19, 2007; and <br />WHEREAS, pursuant to Minnesota Statutes, Sections 47115-.191 and <br />other law, the City has the authority to operate a program of public recreation and <br />enter into agreements with the Corporation pertaining to the conduct thereof; and <br />WHEREAS, the City desires that the Corporation sponsor and coordinate <br />the Tournament and 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 Tournament and <br />Festival sponsorship and support of the City in accordance with the terms and <br />conditions of this Agreement. <br /> <br />NOW THEREFORE, the parties agree as follows: <br /> <br />1. Scope of Tournament and Festival. The Corporation will sponsor <br />and coordinate all aspects of the Tournament and Festival. <br /> <br />2. Time and Performance. This Agreement will begin as of August 19, <br />2007, and will terminate as of August 20, 2007 (the “Termination Date”). <br /> <br />3. City Contribution. In support of the community-based Tournament <br />and Festival, the City will provide a contribution of up to $4,250.00, which <br />includes the $140.00 dollar amount to be paid by the Corporation to the City for <br />the amusement license necessary for the Festival, with the amount of such <br />actual monetary contribution to be reduced by the cost to the City of providing <br />city staff assistance to the Tournament and Festival. The City will provide the <br />assistance of City staff to assist the Corporation as set forth on Exhibit A, which <br />is incorporated herein by reference. Then up to $4,250.00 City contribution shall <br />be reduced by the amount of the personnel costs paid by the City for the Festival <br />as set forth in Exhibit A. The city will provide the assistance of City equipment to <br />assist the Corporation as set fort on Exhibit B, which is incorporated herein by <br />reference. The city will allow use of the Park upon the Corporation requesting <br />and obtaining the appropriate permits from the City for the Park. The City agrees <br />to waive the permit fee for the Park. The City will pay up to the above-referenced <br />amount, minus the appropriate reductions, to the Corporation after the City’s <br />payroll period following the Festival.