City of Rock Hill - File #: 10-0135

• File #: 10-0135
• Version: 1
• Type: Communication or Report
• Status: Passed
• File created: 7/20/2010
• In control: City Council
• On agenda: 7/26/2010
• Final action: 7/26/2010
• Title: Consider approval of Sponsorship Agreement between Gita Sporting Goods and the City of Rock Hill for the right to name the Velodrome at Riverwalk the "Giordana Velodrome." Strategic Goal: Short and Long Term Economic Development Objective: Support the Riverwalk development through infrastructure assistance and public amenities.

Date	Ver.	Action By	Action	Result
7/26/2010	1	City Council

Title

Consider approval of Sponsorship Agreement between Gita Sporting Goods and the City of Rock Hill for the right to name the Velodrome at Riverwalk the "Giordana Velodrome."

Strategic Goal:  Short and Long Term Economic Development

Objective:  Support the Riverwalk development through infrastructure assistance and public amenities.

Body

Gita Sporting Goods requests a sponsorship for the proposed Velodrome at Riverwalk.  This agreement shall be effective as of the opening date of the Velodrome and shall continue for a period of ten (10) years with a total value of $200,000.  This agreement is contingent upon the Velodrome being constructed on or before 4 years from the date of the City’s execution.  The Sponsorship Agreement adheres to the Sponsorship Policy adopted by City Council on May 18, 2004.  This request supports Long Term Economic Development in the City’s Strategic Plan.

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