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<br />3 <br /> <br /> <br /> <br />FESTIVAL AGREEMENT <br /> <br /> <br /> THIS AGREEMENT is entered into this 14th day of July, 2003, by and between the City of <br />Mounds View, a municipal corporation under the laws of Minnesota (the “City”) and Festival in the <br />Park of Mounds View, a Minnesota non-profit corporation (the “Corporation”). <br /> <br /> WHEREAS, the City is owner of City Hall, City Hall Park, community center and the Bridges <br />Golf Course (collectively the “Park”) located within the City; and <br /> <br /> WHEREAS, the Corporation desires to sponsor and coordinate an annual community <br />event entitled, “Mounds View Festival in the Park” (the “Festival”), to be held on August 16 – <br />17, 2003; and <br /> <br /> WHEREAS, pursuant to Minnesota Statutes, Sections 471.15-.191 and other law, the City has <br />the authority to operate a program of public recreation and enter into agreements with the Corporation <br />pertaining to the conduct thereof; and <br /> <br /> WHEREAS, the City desires that the Corporation sponsor and coordinate the Festival; and <br /> <br /> WHEREAS, the City is willing to support the Festival, as set forth in this Agreement; and <br /> <br /> WHEREAS, the Corporation is willing to undertake the Festival sponsorship and support of the <br />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 aspects of the <br />Festival. <br /> <br /> 2. Time and Performance. This Agreement will begin as of July 14, 2003 and will <br />terminate as of September 31, 2003 (the "Termination Date"). <br /> <br /> 3. City Contribution. In support of the community-based Festival, the City will provide a <br />contribution of up to $4000.00, which includes the $140.00 dollar amount to be paid by the <br />Corporation to the City for 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 City staff assistance <br />to the Festival. The City will provide the assistance of City staff to assist the Corporation as set forth <br />on Exhibit A, which is incorporated herein by reference. The up to $4000.00 City contribution shall <br />be reduced by the amount of the personnel costs paid by the City for the Festival as set forth in <br />Exhibit A. The City will provide the assistance of City equipment to assist the Corporation as set <br />forth on 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 for the Park. <br />The City agrees 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 payroll period <br />following the Festival. <br />