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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Memorandum of Understanding Between <br />Friends of the Mississippi River <br />And <br />The City of Elk River, Minnesota <br /> <br /> <br />This Memorandum of Understanding (MOU) establishes a partnership between <br />Friends of the Mississippi River (FMR) and the City of Elk River, Minnesota for the purpose <br />of developing a Natural Resource Management Plan (NRMP) for the Houlton Farm & <br />Bailey Point Nature Preserve. <br /> <br />Together, the Parties enter into this Memorandum of Understanding to mutually improve <br />the habitat of the Houlton Farm & Bailey Point Nature Preserve. Accordingly, FMR and the <br />City of Elk River operating under this MOU agree as follows: <br /> <br />I. Purpose and Scope <br /> <br />Whereas, FMR has an interest in improving the habitat values of the Houlton Farm & Bailey <br />Point Nature Preserve; and <br /> <br />Whereas the staff of FMR have the technical knowledge and experience to effectively <br />develop a NRMP for and to conduct ecological restoration on the Houlton Farm & Bailey <br />Point Nature Preserve; and <br /> <br />Whereas, the FMR has been awarded a $160,000 Outdoor Heritage grant from the State of <br />Minnesota, that can be utilized to cover some of the expenses associated with the <br />development of a NRMP for the Houlton Farm & Bailey Point Nature Preserve & to begin <br />to implement said plan; and <br /> <br />Whereas, The City of Elk River agrees to pay FMR up to $10,00 to complete a NRMP for <br />the Houlton Farm & Bailey Point Nature Preserve; and <br /> <br />Therefore, in consultation with Staff from the City of Elk River, FMR agrees to develop a <br />NRMP for the Houlton Farm & Bailey Point Nature Preserve. <br /> <br /> 1 <br />