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HomeMy WebLinkAboutCRA-R-13-0002 Backup-1-28-2013SPONSORSHIP AGREEMENT This Sponsorship Agreement is made as of this day of , 20___, by and between Connor Sports ("Sponsor"), the Townsend Entertainment Corporation ("TEC"), and the Southeast Overtown/Park West Community Redevelopment Agency, a public agency and body corporate created pursuant to Section 163.356, Florida Statutes (the "CRA"). RECITALS WHEREAS, the Board of Commissioners of the CRA, by Resolution No. CRA-R-12-0068, passed and adopted on September 24, 2012, authorized a grant, in an amount not to exceed $200,000 to the University of Miami ("University") to conduct film -related job training ("Film Institute Job Training Program"), in furtherance of the CRA's stated redevelopment goal of creating employment opportunities within the CRA's Redevelopment Area. WHEREAS, the CRA and the University entered into a Grant Agreement reflecting a grant to the University to conduct the Film Institute Job Training Program. WHEREAS, Townsend is a private third party film production company that is working with the University to assist in facilitating the film industry job training as well as the overseeing the local movie production, "Playin' for Love," wherein said job training is occurring. WHEREAS, the Sponsor desires to make a contribution towards the operation of the Film Institute Job Training Program, and any film project produced in connection with the Film Institute Job Training Program, in exchange for certain credits and marketing opportunities. WHEREAS, the CRA is relying on the Sponsor's contribution in order to further the objectives of the Film Institute Job Training Program, and any related film project, and is willing to accept said contribution based upon the terms set forth herein. 1 NOW, THEREFORE, in consideration of the mutual promises of the parties contained herein and other good and valuable consideration, receipt of which is hereby acknowledged, the CRA and the Sponsor agree as follows: 1. The Recitals to this Agreement are true and correct and are incorporated herein. 2. The Sponsor agrees to contribute the sum of Ten Thousand Dollars and No Cents ($10,000.00) towards the operation of the Film Institute Job Training Program and any related film project. Said contribution shall be made payable to the CRA or its designee within thirty (30) business days from the date written above. 3. The Sponsor also agrees to provide the materials for the repair or replacement of one (1) basketball floor, valued at Forty Five Thousand Dollars and No Cents ($45,000.00) and to produce on -court signage for said floor. The on -court signage will include the Sponsor's Logo and Tagline. CRA or its designee will be responsible for all related installation cost of the floor. The Sponsor acknowledges that the proposed basketball floor is expected to be installed at a facility owned and operated by the City of Miami, and the acceptance of the proposed basketball floor must be obtained from the Miami City Commission. The CRA agrees to support any legislative item presented to the Miami City Commission calling for the acceptance of the proposed basketball floor. 4. The Sponsor's contribution shall be used in connection with the Film Institute Job Training Program only. 5. In exchange for the Sponsor's contributions to the Film Institute Job Training Program, as set forth in paragraph 2 above, TEC, on behalf of the CRA, agrees to facilitate the following: 2 a. Signage, including tagline and logo, at all public and private events, tryouts and auditions related to the film production, "Playin for Love." b. ReIease of the November 4, 2012 video footage of "Playin' for Love" basketball auditions with Sponsor's tagline for use by Sponsor for marketing purposes. c. Sponsor's logo and tagline will be added to the film credits. 6. This Agreement is made solely with the Sponsor. The benefits received by the Sponsor under this Agreement shall not be assigned to any other party without written approval of the CRA. 7. All notices or other communications which shall or may be given pursuant to this Agreement shall be in writing and shall be delivered by personal service, or by registered mail, addressed to the party at the address indicated herein or as the same may be changed from time to time. Such notice shall be deemed given on the day on which personally served, or, if by mail, on the fifth day after being posted, or the date of actual receipt or refusal of delivery, whichever is earlier. To CRA: Southeast Overtown/Park West Community Redevelopment Agency 1490 N.W. 3`d Avenue, Suite 105 Miami, FL 33136 Telephone: (305) 679-6800 Facsimile: (305) 679-6835 Attn: Clarence E. Woods, III, Executive Director To Sponsor: Connor Sports 1830 Howard St. Elk Grove Village, IL 60007 Telephone: 847-290-9034 Attn: Jon Isaacs, VP GM Connor Connor Sports 1830 Howard St. Elk Grove Village, IL 60007 Telephone: (801) 294-3716 Attn: Lauren Gillian, Marketing Manager 3 To TEC: Townsend Entertainment Corporation 433 N. Camden Drive, #600 Beverly Hills, CA 90210 Telephone: (818) 752-9494 Attn: Robert Townsend, President 8. The Sponsor understands and acknowledges that any contribution made under this Agreement by the Sponsor carries no rights or responsibilities in the operation of the Film Institute Job Training Program or any related film production. 9. The Sponsor acknowledges, warrants, and represents that the individual executing this Agreement is authorized to bind the Sponsor to the terms and conditions of this Agreement. This Agreement has been duly authorized by all necessary actions on the part of, and has been, or will be, duly executed and delivered by the Sponsor, and neither the execution and delivery hereof, nor compliance with the terms and provisions hereof: (i) requires the approval and consent of any other party, except such as have been duly obtained or as are specifically noted herein; (ii) contravenes any existing law, judgment, governmental rule, regulation or order applicable to or binding on any indenture, mortgage, deed of trust, bank loan or credit agreement, applicable ordinances, resolutions, or on the date of this Agreement, any other agreement or instrument to which the Sponsor is a party; or (iii) contravenes or results in any breach of, or default under any other agreement to which the Sponsor is a party, or results in the creation of any lien or encumbrances upon any property of the Sponsor. [SIGNATURES ON FOLLOWING PAGE] 4 IN WITNESS WHEREOF, in consideration of the mutual entry into this Agreement, for other good and valuable consideration, and intending to be legally bound, the CRA and the Sponsor have executed this Agreement. TOWNSEND ENTERTAINMENT CONNOR SPORTS CORPORATION By: By: Date: Robert Townsend Jon Isaacs President Vice -President, General Manager Date: By: Date: Lauren Gillian Marketing Manager SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY: By: Clarence E. Woods, III Executive Director Date: ATTEST: APPROVED AS TO FORM AND CORRECTNESS: By: By: Todd Hannon City Clerk 5 Jessica N. Pacheco, Esq. CRA Outside Counsel