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2014-05-03-R
CITY-OF-BATESVILLE
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2014-05-03-R
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EXHIBIT A <br /> • ADVERTISING AND SPONSORSHIP AGREE MENT <br /> FOR A FIELD AT NORTH COMPLEX <br /> This agreement is made by and between Williams Equipment(SPONSOR)and the CITY <br /> OF BATESVILLE PARKS AND RECREATION DEPARTMENT(CIT ON THIS 13th Day <br /> of May, 2014 (the"Effective Date"). <br /> WHEREAS,the CITY is the owner of certain public park amenitie known"North <br /> Complex", and hereafter referred to as the"FACILITIES"; and <br /> WHEREAS, SPONSOR and the CITY desire to enter this agreeme t for the purpose of <br /> evidencing the agreement of the parties with regard to advertising on score 1 boards at the North <br /> Complex by SPONSOR and the respective obligations of the parties regard ng said <br /> advertisements at the Facilities: <br /> NOW, THEREFORE in consideration of the promises and the reci ocated covenants <br /> and obligations contained herein,the parties agree as follows: <br /> I. Term <br /> a. The term of this Agreement is for a period of 6 YEARS co mencing on the <br /> Effective Date and ending at midnight on the sixth anniversry thereof. <br /> II. Advertisement at Facilities <br /> a. It is agreed between the parties hereto, in return for the cove ants and conditions <br /> set forth herein that the SPONSOR'S name and/or logo sha 1 be put on: <br /> i. Sign to be erected on scoreboards of 7 athletic fieldE at the North Complex <br /> for a period of 6 years. <br /> ii. SPONSOR agrees to continue, at no charge, with th annual replacement <br /> of: <br /> 1. 40 HP Tractor with front loader and cab <br /> 2. 40 HP Tractor with front loader <br /> 3. John Deere Gator <br /> 4. John Deere 72" Zero Turn Mower <br /> iii. SPONSOR will continue with replacement of equip ent for the duration <br /> of this agreement. <br /> b. It is agreed between the CITY and the SPONSOR that the signs shall be 24" x <br /> 120"and the CITY will be responsible for the maintenance and upkeep of the <br /> 1 <br />
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