File #: RES-21:063    Version: 1 Name: CONTRACT WITH FIRST SECURITY BANK FOR SPONSORSHIP OF ONE ATHLETIC FIELD AT THE JOE MACK CAMPBELL SPORTS COMPLEX
Type: Resolution Status: Passed
File created: 4/7/2021 In control: Finance & Administration Council Committee
On agenda: Final action: 4/20/2021
Title: A RESOLUTION OF THE CITY OF JONESBORO, ARKANSAS TO CONTRACT WITH FIRST SECURITY BANK FOR SPONSORSHIP OF ONE ATHLETIC FIELD AT THE JOE MACK CAMPBELL SPORTS COMPLEX
Sponsors: Parks & Recreation, Finance
Indexes: Contract
Attachments: 1. FirstSecurity_Joe Mack21
Related files: CON-1203

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A RESOLUTION OF THE CITY OF JONESBORO, ARKANSAS TO CONTRACT WITH FIRST SECURITY BANK FOR SPONSORSHIP OF ONE ATHLETIC FIELD AT THE JOE MACK CAMPBELL SPORTS COMPLEX

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

WHEREAS, First Security Bank is seeking sponsorship recognition on one soccer field at the Joe Mack Campbell Sports Complex; and

WHEREAS, First Security Bank is sponsoring the field for the sum of $12,500 for a period of 5 years;

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 Security Bank for the sponsorship of a field at Joe Mack Campbell Sports Complex.  A copy of said contract is attached as Exhibit A.

SECTION 2:  The Mayor, Harold Copenhaver and City Clerk, April Leggett 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 20TH DAY OF APRIL, 2021.