File #: RES-18:081    Version: 1 Name: CONTRACT WITH FIRST NATIONAL BANK FOR SPONSORSHIP OF PAVILION NUMBER 1 AT JOE MACK CAMPBELL SPORTS COMPLEX
Type: Resolution Status: Passed
File created: 5/14/2018 In control: Finance & Administration Council Committee
On agenda: Final action: 6/5/2018
Title: A RESOLUTION TO CONTRACT WITH FIRST NATIONAL BANK FOR SPONSORSHIP OF PAVILION NUMBER 1 AT JOE MACK CAMPBELL SPORTS COMPLEX
Sponsors: Mayor's Office
Attachments: 1. FIRST NATIONAL BANK AGREEMENT.pdf
Related files: CON-935

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A RESOLUTION TO CONTRACT WITH FIRST NATIONAL BANK FOR SPONSORSHIP OF PAVILION NUMBER 1 AT JOE MACK CAMPBELL SPORTS COMPLEX

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WHEREAS, the City of Jonesboro owns and maintains Joe Mack Campbell Sports Complex at 3021 Dan Avenue; and

WHEREAS, First National Bank is seeking sponsorship recognition at Pavilion Number 1 at Joe Mack Campbell Sports Complex; and

WHEREAS, First National Bank is sponsoring the pavilion for the sum of $12,500 per sign for a period of 5-years; and

NOW, THEREFORE BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS

SECTION 1: That the City of Jonesboro, Arkansas shall contract with First National Bank for the sponsorship of Pavilion Number 1 at Joe Mack Campbell Sports Complex. A copy of said contract is attached as Exhibit A.

SECTION 2: The Mayor, Harold Perrin and City Clerk, Donna Jackson are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate the agreement.

PASSED AND APPROVED this 5th day of June, 2018.