The Madison Board of Estimates on Monday seamlessly approved renovation plans for the Duck Pond at Warner Park over the next 10 years, including a $1.3 million bleacher renovation paid for by both city and private funds.
Under the agreement, the city will chip in upwards of $800,000 to replace the ballpark's bleachers, with the Madison Mallards' share totaling $500,000 plus any additional costs beyond the estimated sum.
The Mallards will also make at least $500,000 in future improvements to the ballpark, dependent on the approval of the Madison Board of Park Commissioners. The structural improvements made by the Mallards to the ballpark will become the city's property.
The agreement now heads to the Park Commission, which will take up the issue on Wednesday.
The Board of Estimates also unanimously approved the city's $3.3 million plans to purchase the land parcels from a failed housing and retail development along Winnebago Street known as Union Corners.
The money for the transaction will come from the city's land banking fund, which empowers the city to buy land to sell to a private developer.
Both the Mallards expansion and Union Corners deal must also be approved by the Madison Common Council.