AUTHORIZING AN AGREEMENT TO EXTEND THE LEASE BETWEEN THE UNIVERSITY OF WISCONSIN BOARD OF REGENTS, SAUK COUNTY, AND THE CITY OF BARABOO FOR CERTAIN LAND UPON WHICH IS LOCATED THE UNIVERSITY OF WISCONSIN BARABOO-SAUK COUNTY

WHEREAS, in 1966, the Board of Regents of the University of Wisconsin System entered into a Memorandum of Understanding to lease the campus from Sauk County and the City of Baraboo to operate the University of Wisconsin Baraboo-Sauk County as an institution of higher learning; and,

            WHEREAS, in 1969, the University of Wisconsin Baraboo-Sauk County Campus Commission was created and comprised of County and City representatives to oversee the County's and City's interest in the campus; and,

WHEREAS, the County and City are making significant new investment in science facilities on campus, and a private contractor, Bluffstone has entered into agreement to build a residence hall on campus, both of which will have a life expectancy exceeding the current lease expiration date of 2042; and,

            WHEREAS, the University of  Wisconsin Board of Regents has approved a fifty-year extension to the existing lease to expire on June 30, 2092.

            NOW, THEREFORE, BE IT RESOLVED, by the Sauk County Board of Supervisors and the City of Baraboo Common Council, met in their respective regular sessions, the existing lease between the University of Wisconsin Board of Regents, Sauk County, and the City of Baraboo is hereby extended to read as attached hereto as Appendix A, and shall be effective upon its adoption.

For consideration by the Sauk County Board of Supervisors on January 21, 2014, and the City of Baraboo Common Council on January 16, 2014, NBR 1.

Respectfully submitted:

UNIVERSITY OF WISCONSIN BARABOO-SAUK COUNTY CAMPUS COMMISSION

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Phil Wedekind, cHAIR                             Tom Kolb, VICE CHAIR

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Tom Geimer                                                 Andrea Lombard

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Scott Von Asten                                      Rebecca DeMars - Secretary

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Cheryl Giese - Treasurer

fiscal note:  The resolution will continue the ongoing relationship which requires funding from the City and County for operational maintenance expense, budgeted in 2014 at $80,000 each.

MIS note:  No MIS impact.