OTHERAPPROVED

Chelsea City Council AgendaPacket 2026-05-18

City and MSPA create parks sustainability fund MOU

$200,000 initial contribution (restricted to Holmes Family Park)City of ChelseaMAIN STREET PARK ALLIANCEMay 18, 2026

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Description

The City of Chelsea and Main Street Park Alliance entered into a Memorandum of Understanding creating the Chelsea Parks and Pathways Sustainability Fund to reimburse capital expenses for city parks and pathways. MSPA will manage an initial $200,000 contribution for Holmes Family Park and administer future donations under a two‑year renewable agreement starting July 10, 2026.

Contract Details

Contract Amount

$200,000 initial contribution (restricted to Holmes Family Park)

Vendor

MAIN STREET PARK ALLIANCE

Agency

City of Chelsea, MI

Contract Type

OTHER

Document Date

May 18, 2026

Contract Term

July 10, 2026 – June 30, 2028, with MOU reviewed and renewed every two years

Renewal Date

2028-06-30

Renewal Info

MOU is to be reviewed, revised, and renewed every two years; fund may be housed with a community foundation or qualified financial institution; if MSPA dissolves, remaining funds transfer to the City as restricted parks capital funds.