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RESOLUTION 7304 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION AUTHORIZING THE EXECUTION OF THE AGREEMENT WITH THE FESTIVAL IN THE PARK OF MOUNDS VIEW FOR THE 2008 FESTIVAL IN THE PARK EVENT WHEREAS, the City of Mounds View desires to co-sponsor an annual community event entitled "Mounds View Festival in the Park" to be held on August 16 and August 17, 2008; and WHEREAS, the 2008 Festival Agreement, attached as Exhibit A, has been reviewed by the City Council, and has been reviewed and approved for execution by the Festival in the Park of Mounds View Committee, the non-profit organization in charge of the Festival; and WHEREAS, the City is currently budgeted to contribute $4,250 to the Festival in the Park of Mounds View Committee to pay for City personnel and equipment expenses; and WHEREAS, it is the consensus of the City Council to assist in additional expenditures to the Festival in the Park of Mounds View Committee, not to exceed $5,300, to assist in the payment of Insurance, Professional Bands, Port-a-Potties, Irondale Marching Band, use of city copier machine and the Car and Tractor Show; and WHEREAS, it was the consensus of the Mounds View 50t" Anniversary Committee to assist in additional expenditures to the Festival in the Park of Mounds View Committee not to exceed $2,675, to assist in payment of parade activities and children entertainment. NOW, THEREFORE BE IT RESOLVED that the Mounds View City Council hereby authorize assistance in additional expenditures, to the Festival in the Park Committee not to exceed $5,300, to assist the Committee in payment of Insurance, Professional Bands, Port-a-Potties, Irondale Marching Band, use of city copier machine and the Car and Tractor Show. NOW, THEREFORE FURTHER BE IT RESOLVED, that the Mounds View 50tH Anniversary Committee hereby authorizes assistance in additional expenditures not to exceed $2,675, to assist the Festival in the Park of Mounds View Committee in payment of parade activities and children entertainment. NOW, THEREFORE BE IT FINALLY RESOLVED, that the that the Mounds View City Council does hereby approve the attached Festival Agreement as set forth in Exhibit A and authorizes its execution by the Mayor and Clerk-Administrator.