HomeMy WebLinkAboutOES 02-05PICKERING
REPORT TO THE
EXECUTIVE COMMITTEE
Report Number: OES 02-05
Date: January 10, 2005
From:
Stephen Reynolds
Division Head, Culture & Recreation
Subject:
Futuresign Multimedia Displays
- Amending Advertising Agreement
- File: CO3000
Recommendation:
1. That Report OES 02-05 regarding the Futuresign Multimedia Displays
Advertising Agreement be received and:
A bylaw be enacted to authorize the execution of an Amending Advertising
Agreement to which Futuresign Multimedia Displays will be permitted to continue
to sell advertising space on the rink boards and other devices at the Pickering
Recreation Complex and Don Beer Arenas until May 30,2008;
3. Staff at the City of Pickering be given the authority to give effect thereto.
Executive Summary:
The Pickering Hockey Association Incorporated has requested to enter into a formal
agreement with Futuresign Multimedia Displays to sell rink board advertising on the Don
Beer Arena third ice pad until May 30, 2008. Currently there is no rink board advertising
on the third pad.
Futuresign Multimedia Displays has an existing Advertising Agreement to sell
advertising space on the rink boards and other devices at the Pickering Recreation
Complex Arenas and Don Beer Arenas until December 31, 2005.
The Operations & Emergency Services Department recommend that an Amending
Licence Agreement be initiated with Futuresign Multimedia Displays to extend the
current Advertising Agreement until May 30, 2008.
Report OES 02-05
Subject: Futuresign Multimedia Displays
-Amending Advertising Agreement
Date:
January 10, 2005
Page 2
Financial Implications:
Revenues Pickering Recreation Complex and Don Beer Arenas
2005 - 12 Months (minimum)
2006 - 12 Months (minimum)
2007 - 12 Months (minimum)
2008 - 5 Months (minimum)
Total
$12,000.00
SI2,000.00
SI2,000.00
$ 5,ooo.oo
$41,000.00
Background:
The Pickering Hockey Association Incorporated has requested to enter into a formal
agreement with Futuresign Multimedia Displays to sell rink board advertising on the Don
Beer Arena third ice pad until May 30, 2008. Currently there is no rink board advertising
in the third pad. The City has agreed to provide the Pickering Hockey Association the
opportunity to sell sponsorships and advertising, as part of their fundraising activities,
for the third ice pad at Don Beer Arena. The funds the Pickering Hockey Association
generate from the advertising agreement will assist with their fundraising commitment to
the City of Pickering for the construction of the third ice pad.
Futuresign Multimedia Displays has an existing Advertising Agreement to sell
advertising space on the rink boards and other devices at the Pickering Recreation
Complex Arenas and Don Beer Arenas. This agreement is set to expire on December
31, 2005. To assist with advertising sales, Futuresign Multimedia Displays has
requested that the City's current advertising agreement be extended so that it ends at
the same time as the Pickering Hockey Association advertising agreement.
Enactment of the draft by-law attached will authorize the execution of an Amending
Advertising Agreement to be prepared in a form acceptable to the Solicitor for the City in
consultation with the appropriate City Departments and existing City practices.
Attachments:
1. Draft Bylaw
CORP0227-07/01
Report OES 02-05
Subject: Futuresign Multimedia Displays
-Amending Advertising Agreement
Date: January 10, 2005
Page 3
Prepared By:
Len Hunter
Supervisor, Facilities Operations
Evere~
ative Officer
~Steph~-"'"
Division Head, Culture & Recreation
SR:lg
Attachments
Copy: Chief Administrative Officer
(Acting) Chief Administrative Officer
Director, Corporate Services & Treasurer
Solicitor for the City
Re co m m e n d e~c:~.t,~'~'c~ls id e ratio n of
Pickering ~ .....
,/~~~ Thomas J. Quin~/ChieflAdministrative Officer
CORP0227-07/01
THE CORPORATION OF THE CITY OF PICKERING
BY-LAW NO.
Being a by-law to authorize the execution of
an Amending Advertising Agreement
between the City and Futuresign Multimedia
Displays for the right to sell advertising space
at the Pickering Recreation Complex and
Don Beer Arenas.
WHEREAS, pursuant to the provisions of paragraph 207.58 and 191 of the Municipal
Act, R.S.O. 1990, chapter M.45, as amended, the Council of the Corporation of the City
of Pickering may pass by-laws for leasing premises owned by the Corporation;
NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE CITY OF
PICKERING HEREBY ENACTS AS FOLLOWS:
The Mayor and Clerk are hereby authorized to execute an Amending Advertising
Agreement, in a form acceptable to the Solicitor for the City between The
Corporation of the City of Pickering and Futuresign Multimedia Displays for the
purposes of selling advertising space at the Pickering Recreation Complex and
Don Beer Arenas.
BY-LAW read a first, second and third time and finally passed this 7th day of February,
2005.
David Ryan, Mayor
Bruce Taylor, City Clerk
CORP0223-07/01