Let everyone enjoy themselves without the city, the university, or the police intervening. Maybe, just maybe, the university's enrollment might swell to the numbers it once boasted when I was an undergraduate and it wasn't so worried about public image. Besides, I would think it has more pressing problems with image than being labeled a party school, like replacing retiring faculty and improving academics. Pass the pitcher. Saving it for others to appreciate is important and restoring it should be considered an obligation.
Neglected graves are a shameful thing and reflects unfavorably on the city.
I have relatives buried out there. I think that they should renovate it and very soon. It is a shame to let the older stones decay like they are. That shows disrespect, especially for the soldiers who fought and died for us all. Woodlawn is an old cemetery, with a very interesting history.