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HomeMy WebLinkAboutContract 1608 .J > - R ( / X? i 33 -d' zZ, n 4() .► t7-'1 2 � �v 3 tbESERT F„ ___ CASTLE DESERT ICE CASTLE SPONSORSHIP/ADVERTISING SPACE CONTRACT This contract between Desert Ice Castle and City of Cathedral City is for the Diamond Package/Center Ice Logo. The Center Ice Logo Package includes: Cathedral City's logo facing the bleachers, stenciled in a 30' diameter circle at center ice Cathedral City's logo as a banner link to your web site on the home page of Desert Ice Castle's web site (deserticecastle.com) Two-one hour private event parties yearly for Cathedral City residents This contract is for a period of five years beginning November 1,2011 and ending October 31, 2016. Payments for this Sponsorship/Advertising Space, the Diamond Package/Center Ice Logo, are to be made on the following schedule: Year One—November 1,2011 to October 31, 2012 Due with signing of this contract by July 31, 2011 $8,000.00 Year Two—November 1, 2012 to October 31, 2013 5,000.00 Due October 31,2012 )( Year Three—November 1,2013 to October 31,2014 5,000.00 Due October 31, 2013 Year Four—November 1, 2014 to October 31, 2015 5,000.00 Due October 31, 2014 Year Five—November 1, 2015 to October 31, 2016 5,000.00 Due October 31, 2015 TOTAL OF THIS CONTRACT IS $28,000.00 In the event of a default by Cathedral City, Cathedral City will pay Desert Ice Castle$5000.00 as compensation for time and effort to replace the logo with that of another Sponsor. In the event of a default by Desert Ice Castle,Desert Ice Castle will rebate to Cathedral City the remaining pro-rated portion of that years advertising fee. Six months prior to the expiration date,this contract is renewable for a period of five years. PLEASE MAKE CHECK PAYABLE TO:DESERT ICE CASTLE DESERT ICE CASTLE CITY 2F CATHEDRA CITY At : Date 1111/13 � Alpi J .L./ •ate/1 a r3 Authorized Si. e Authorized Signatur- t