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HomeMy WebLinkAboutReso. 1987 - 262 - Approving the promotional funding agreement with jeff roake doing business as vulvan tour III III I. RESOLUTION NO. e7,` „1, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING THE PROMOTIONAL FUNDING AGREEMENT WITH JEFF ROAKE, DOING BUSINESS AS VULCAN TOUR, TO OFFSET EXPENSES , DURING THE 1987 COCA-COLA VULCAN TOUR BICYCLE CLASSIC "RACE, AND AUTHORIZING THE MAYOR TO SIGN SAME. IT IS HEREBY RESOLVED by the City Council of the City of Redding as follows : H 1 . That the City Council of the City of Redding hereby approves the Promotional Funding Agreement between the City of Redding and Jeff Roake, doing business as Vulcan Tour, in the amount of $3 , 000. 00 to offset his expenses during the 1987 Coca-Cola Vulcan Tour Bicycle Classic Race, a true copy of which is attached hereto and incorporated herein; and 2 . That the Mayor of the City of Redding ! is hereby authorized and directed to sign said Agreement and all necessary documents on behalf of the City of Redding, and the City Clerk is hereby authorized and directed to attest the signature of the Mayor and to impress the official seal of the City of ;Redding on the aforesaid documents, when appropriate. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City !;Council of the City of Redding on the 1st day of September , 1987 , and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Carter, Fulton, Gard, Johannessen, Dahl NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None i ABSTAIN: COUNCIL MEMBERS:: COUDjik-- 1 MIKE DAHL, Mayor City of Redding 1. ATTEST: FORM PPROVED: ez e-4.6 g4-t-Axi°C ETHEL A. NICHOLS, City Clerk RA ALL A. HAYS, ity Attorney clN I � N • • PROMOTIONAL FUNDING AGREEMENT THIS AGREEMENT made and entered into this 1st day of September, 1987, by and between the CITY OF REDDING, a Municipal Corporation and General Law City, hereinafter referred to as "CITY, " and JEFF ROAKE, DOING BUSINESS AS VULCAN TOUR, of Post Office Box 494216 , Redding, California 96049 , hereinafter referred to and designated "ROAKE" : WITNESSETH: WHEREAS, the City Council of CITY is empowered by the Government Code of the State of California to appropriate and expend money from City funds for promotion of CITY; and WHEREAS , CITY has no organized means of it own for conducting a systematic expenditure of such funds so; that CITY may receive the utmost benefit therefrom; and WHEREAS, ROAKE is staging the 1987 Coca-Cola Vulcan Tour Bicycle Classic Race , a stage race for men and women, in the Redding area September 16 through 20, 1987; and WHEREAS, ROAKE is well able to do the promotional advertising work for said Race, from which the CITY and its citizens are benefited; NOW, THEREFORE, IT IS AGREED as follows: 1 . ROAKE does hereby agree, in promoting said1987 Race, to carry on the work of encouraging tourist travel to and through CITY. To assist ROAKE in his endeavors , CITY agrees to pay til • 1 i ROAKE, to offset his expenses during the 1987 Race, the sum of Three Thousand Dollars ($3 , 000. 00) , which sum is to ''be used at Redding hotels/motels for lodging and food for one medical staff person and for lodging for riders participating in the Race. CITY will endeavor to pay said sum to ROAKE by September 10 , 1987 . 2 . ROAKE agrees to furnish CITY with receipts showing payment of said lodging/food expenditures up to $3 , 00,0 . 00 on or before November 15 , 1987; and agrees to keep a full and complete account of his use of said funds received from CITY, and agrees to make such account available to CITY upon request. 3. No member of the City Council or of any board and no officer or employee of CITY shall be or become, directly or indirectly, financially interested in this contract. 4. This Promotional Funding Agreement is granted upon the express condition that CITY shall be free from anI;y and all liability and claims for damages for personal injury, death, or property damage in any way connected with ROAKE' s use of said funds, including claims of ROAKE and his agents, representatives and employees. ROAKE shall indemnify and save harmless CITY, its officers, agents and employees , from any and all liability, loss, cost or obligation on account of or arising out of any such injury, death or loss caused by the negligence or other legal fault of ROAKE or his agents, representatives and employees . -2- i • q. • Y 5. This Agreement shall be binding upon the heirs, executors, administrators, successors and assigns of the parties hereto. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the day and year first above written. CITY OF REDDING By: MIKE DAHL, Mayor JEFF ROAKE, DOING BUSINESS AS VULCAN TOUR ATTEST: ETHEL A. NICHOLS, CITY Clerk FORM APPROVED: RANDALL A. HAYS , CITY Attorney -3-