Suenos Festival Permit Agreement

The Sueños Festival Permit Agreement is a contract between the Chicago Park District and La Cultura Presenta, LLC for the production of the Sueños Festival, a music festival to be held in Grant Park. The contract outlines the terms and conditions of the agreement, including the responsibilities of both parties, the payment of fees, and the requirements for insurance and site restoration. The festival is expected to be a two-day event, with the possibility of an additional day, and will feature multiple stages and Latin-themed music. The contract also includes provisions for the sale of food and beverages, the use of sidewalks and streets, and the requirement for La Cultura Presenta, LLC to obtain necessary permits and licenses. Some key points of the contract include: * The Chicago Park District will provide a permit for the festival and will be responsible for preparing the park for the event. * La Cultura Presenta, LLC will be responsible for organizing, producing, and holding the festival, including booking artists, promoting the event, and managing the box office and ticket sales. * The contract includes a guaranteed payment of $1,500,000.00 for a two-day festival or $2,000,000.00 for a three-day festival. * La Cultura Presenta, LLC will be responsible for paying all applicable taxes and fees related to the festival. * The contract includes provisions for insurance, including worker's compensation, commercial general liability, and automobile liability insurance. * The contract also includes a site restoration agreement, which requires La Cultura Presenta, LLC to restore the site to its original condition after the festival. Overall, the Sueños Festival Permit Agreement outlines the terms and conditions of the agreement between the Chicago Park District and La Cultura Presenta, LLC for the production of the Sueños Festival, and includes provisions for the responsibilities of both parties, payment of fees, and requirements for insurance and site restoration.