Title
Resolution authorizing the Mayor and the Director of Public Safety to enter into three Sponsorship Agreements for the Richard S. Caliguiri Great Race.
Body
WHEREAS, each September, the City presents The Richard S. Caliguiri City of Pittsburgh Great Race ("The Great Race"), an annual 10 kilometer foot race, which attracts racers from around the world; and
WHEREAS, Highmark desires to provide the City with sponsorship support for The Great Race and designated associated activities; and the parties wish to enter into a Presenting Sponsorship Agreement for year 2017, with options for years 2018 and 2019; and
WHEREAS, Allegheny Health Network and Dollar Bank also desire to provide the City with sponsorship support for The Grace Race and designated associated activities, and the parties wish to enter into separate Platinum Sponsorship Agreements for year 2017, with options for years 2018 and 2019.
Now therefore, be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor and the Director of Public Safety are authorized to enter into a Presenting Sponsorship Agreement with Highmark Blue Cross Blue Shield for The Richard S. Caliguiri Great Race and designated associated activities 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 Highmark is as follows:
2017: One Hundred and Five Thousand Dollars ($105,000.00)
2018: Ninety-Eight Thousand Dollars ($98,000.00)
2019: Ninety-EitheOne Hundred Thirty Thousand Dollars ($98,000.00)
If Highmark elects to continue as Presenting Sponsor through 2019, it will also have a right of first refusal for additional years, subject to further Council approval.
Section 2. The Mayor and the Director of Public Safety are authorized to enter into a Platinum Sponsorship Agreement with Allegheny Health Network for The Richard S. Caliguiri Great Race and designated associated activities for one year with an option...
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