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HomeMy WebLinkAbout2011-10-05-R RESOLUTION NO. ^201 I^10_S A RESOLUTION TO CONTRACT WITH STANLEY WOOD CHEVROLET CO. FOR THE SPONSORSHIP OF THE CONCESSION STAND AND ONE BALL FIELD AT THE NORTH COMPLEX AND ONE BALL FIELD AT FITZHUGH PARK WHEREAS, the City of Batesville owns and maintains both the North Complex located at 3075 E. Main St. and Fitzhugh Park located at 1420 S. 201h Street; WHEREAS, Stanley Wood Chevrolet Co. is seeking sponsorship recognition on the concession stand and a ball field at the North Complex and a ball field at Fitzhugh Park; WHEREAS, Stanley Wood Chevrolet Co. is sponsoring the fields and concession stand for the sum of$30,000 for a period of 5 years; NOW, THEREFORE BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF BATESVILLE,ARKANSAS SECTION 1: That the City of Batesville; Arkansas shall contract with Stanley Wood Chevrolet Co. for the sponsorship on the concession stand and a ball field at the North Complex and a ball (W field at Fitzhugh Park. A copy of said contract is attached as Exhibit A. SECTION 2: The Mayor, Rick Elumbaugh and City Clerk, Denise Johnston are hereby authorized by the City Council for the City of Batesville to execute all documents necessary to effectuate the agreement. PASSED AND APPROVED this 25th day of October, 2011. 4-j fill Rick Elumbau or Attest: Denise M. Johnston, City Cle EXHIBIT A ADVERTISING AND SPONSORSHIP AGREEMENT FOR CONCESSION STAND AND FIELD AT THE NORTH COMPLEX AND FIELD AT FITZHUGH PARK This agreement is made by and between Stanley Wood Chevrolet Co. (SPONSOR)and the CITY OF BATESVILLE PARKS AND RECREATION DEPARTMENT (CITY), ON THIS 1st Day of January, 2012 (the"Effective Date"). WHEREAS, the CITY is the owner of certain public park amenities known as "North Complex" and "Fitzhugh Park", and hereafter referred to as the "FACILITIES"; and WHEREAS, SPONSOR and the CITY desire to enter this agreement for the purpose of evidencing the agreement of the parties with regard to advertising on the concession stand at North Complex and Fields at both the North Complex and Fitzhugh Park by SPONSOR and the respective obligations of the parties regarding said advertisements at the Facilities: NOW, THEREFORE in consideration of the promises and the reciprocated covenants and obligations contained herein, the parties agree as follows: I. Term a. The term of this Agreement is for a period of 5 YEARS commencing on the Effective Date and ending at midnight on the fifth anniversary thereof. II. Advertisement at Facilities a. It is agreed between the parties hereto, in return for the covenants and conditions set forth herein that the SPONSOR'S name and/or logo shall be put on: i. Two signs to be erected at the concession stand at the North Complex for a period of 5 years at the price of$1,500.00 per sign per year. ii. Sign to be erected on an athletic field of the SPONSOR'S choice at the North Complex for a period of 5 years at the price of$1,500.00 per year. iii. Sign to be erected on an athletic field of the SPONSOR'S choice at the Fitzhugh Park for a period of 5 years at the price of$1,500.00 per year b. It is agreed between the CITY and the SPONSOR that the sign size shall be 36" x 72" and the CITY will be responsible for the maintenance and upkeep of the sign. In addition, CITY will pay for the sign including any graphics on the sign. However, it shall be the responsibility of the SPONSOR to bear any expense should changes be requested to the sign during the term of this agreement. Scanne - e. Each party represents to the other that the individual signing this Agreement below has been duly authorized to do so by its respective governing body and that this Agreement is binding and enforceable as to each party. IN WITNESS THEREOF, the parties have executed this Agreement on the day and year set forth below. Stanleyood�vrol By: Name: C o Title: )) Y– Date: 1 - 2-.- 12— City of Bate vill By: Name.- Title: _ Date:--�r �- ATme:TE T By � NaUEr�� Title: C.._L r( r�- Date: