Title
Resolution authorizing the Mayor and the Director Parks and Recreation to enter into a sponsorship agreement with Dollar Bank for Cinema in the Park at no cost to the City.
Body
WHEREAS, each summer, the City presents Cinema in the Park, providing outdoor movies throughout the city
WHEREAS, Dollar Bank desires to provide the City with financial sponsorship support Cinema in the Park and designated associated activities, and the parties wish to enter into Sponsorship Agreements for the years 2025, 2026, and 2027
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor and the Director of Parks and Recreation are authorized to enter into a Sponsorship Agreement with Dollar Bank for Cinema in the Park for one year with an option to continue as a sponsor for up to two additional years. The schedule of sponsorship fee payments due from Dollar Bank is as follows:
2025: Thirty Thousand Dollars ($30,000.00)
2026: Thirty Thousand Dollars ($30,000.00)
2027: Thirty Thousand Dollars ($30,000.00)
Section 2. The Sponsorship Agreements may also include a Right of First Refusal Dollar Bank elected to continue its sponsorship status for three (3) years to thereafter enter into further negotiations with the City to continue its sponsorship status in a similar capacity, subject to further negotiations by the parties and further approval by City Council.
Section 3. All monies from the aforementioned sponsors will be deposited into the following JDE account: 5000731400.48106.00.
Section 4. Said Agreement(s) shall be in a form approved by the City Solicitor.