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R2022-192 2022-08-22RESOLUTION NO. R2022-192 A Resolution of the City Council of the City of Pearland, Texas, authorizing the City Manager or his designee to enter into a financial naming rights agreement with the Vaidya Foundation for the naming of the West Pearland Library Study Room No. 215. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS: Section 1. That certain financial naming rights agreement by and between the City of Pearland and the Vaidya Foundation, a copy of which is attached hereto as Exhibit “A” and made a part hereof for all purposes, is hereby authorized and approved. Section 2. That the City Manager or his designee is hereby authorized to execute and the City Secretary to attest a financial naming rights agreement for Study Room No. 215. PASSED, APPROVED and ADOPTED this the 22nd day of August, A.D., 2022. ________________________________ J. KEVIN COLE MAYOR ATTEST: ________________________________ FRANCES AGUILAR, TRMC, MMC CITY SECRETARY APPROVED AS TO FORM: ________________________________ DARRIN M. COKER CITY ATTORNEY DocuSign Envelope ID: 2BED3E07-4DC7-44A0-AA5C-D8B4A12C4614 CITY OF PEARLAND NAMING RIGHTS AGREEMENT This NAMING RIGHTS AGREEMENT ("Agreement"), dated ("Effective Date") is entered into by and between The City of Pearland ("City'), a govemmental entity, and Deepa lyengar on behalf of the Vaidya Foundation ("Sponsof) (hereinafter refened to separately as a "Partf and collectively as the.Parties"). RECITAL: WHEREAS, the Parties wish to enter into a relationship for temporary naming privileges of Study Room No 215 ("Sponsored Space") within the Citfs West Peartand Library Facility ("Library''). WHEREAS, The City owns the Library property, structure, building and any portion thereof including but not limited to the interior and exterior spaces, open spaces, and shelters. WHEREAS, the Library is operated by the Brazona County Library System in accordance with a contractual agreement between the City and County of Brazoria. WHEREAS, the City has authorizeOl by contractual agreement, the Frtends of Pearland Westside Library, lNC. (Friends Group) to seek, negotiate and secure the purchase of naming rights to City library facilities and to solicit funding through capital campaigns. WHEREAS, the granting of naming rights shall not entitle Sponsor to preferential treatment beyond the terms of the Agreement. IT IS THEREFORE AGREED: Term: The lnitial term of this Agreement shall be for five years, commencing on September 1 , 2022 and ending on August 31, 2427 , unless otherwise terminated earlier in accordance with the terms and conditions contained herein. The Parties by mutual written agreement may extend the term of this Agreement. Naming Rights Fee: ln consideration of the naming rights and ancillary benefits granted by the City in this Agreement and Appendix A, Sponsor agrees to pay a naming rights fee in the amount of $2,500 (the "Fee") to Friends Group. The Fee shall be paid in the following increments: Naming Rights Fee Amount Due Date $2,500.00 September 1,2A22 Sponsor may accelerate the payment of any or all of these payments at any time, at Sponsor's discretion, as long as the cumulative total of all payments meets the total amount agreed by the Parties. Payments shall be paid by Sponsor to the Friends Group via check. Use of Payments: Pursuant to its contract with the City, the Friends Group shall use any Funds received pursuant to this Agreement to support library capital campaigns agreed to by both the City and Friends Group, programs, services, facilities, operations, and maintenance, and the DocuSign Envelope ID: 7A766094-121B-491D-8149-C61EB5B1B4B2 acquisition of books, equipment, materials and/or services that benefit the citizens of the CiS of Pearland. Acknowledgment City agrees to use all reasonable efforts to organize and execute the advertising and promotional benefits as ouilined in Exhibit "n* attached hereto. ln the event any of the Sponsor Benefits become unavailable, City agrees to provide a substitute benefit to Sponsor of similar value in City's sole judgment, or to issue a partial refund of the Fee, in the amount of City's reasonable determination of the value of the benefit that becomes unavailable. Sponsors recognize that City may provide other sponsors, contributing at higher levels, with further additional rights or privileges in connection with the Library, and Sponsor acknowledges that it is not entitled to any additional rights and privileges not othenrise specifically provided pursuant to this Agreement, absent a separate written agreement or written addendum to this Agreement that extends additional rights or privileges. Granting of naming rights shall not entitle Sponsor to preferential treatment by the City, County, or Friends Group outside of the naming rights agreement. The approval of Agreement shall not result in any additional cost to the City, excluding the City's approval process. The approval of Agreement does not imply any right of the Sponsorto design or manage the space or programming within the Sponsored Space. lf Sponsor changes its name, the naming rights may be changed, by mutual agreement, to reflect the new, however all costs associated with a name change (i.e., plaques or signs) shall be the sole responsibility of the Sponsor. The City shall exercise sole discretion over the design of naming plaques or signs. The Sponsor shall not have any right to manage andlor control the Sponsored Space. Termination: This Agreement may be terminated by: (i) expiration of the Term; (ii) automatic termination in the event that Sponsorship Fees are not received on time according to this Agreement; (iii) should conditions arise during the life of the sponsorship that results in the sponsorship conflicting with City policy; (iv) sponsorship is no longer in the best interest of the City; or (v), optional termination, by written notice. lf termination is due to failure of payment, as of the effective date of termination, the City shall have no further obligation or liability to Sponsor and shall not be required to retum any portion of the Fee already received; and the City may immediately cease to use or display the room plaque. Sponsor shall be liable to the City for payment of all costs and expenses incurred by the City in removing, discarding, and/or replacing the room name. The City may in its sole and absolute discretion determine an alternative recognition for the portion of the payment already received. lf termination is due to sponsorship conflicting with City policy or sponsorship is no longer in the best interest of the City, Sponsor shall not be entitled to a refund of any portion of the payment made. Should Sponsor decide to end affiliation with City during the Term of this agreement, City will be responsible for the payment to remove the name of the room. 2 DocuSign Envelope ID: 7A766094-121B-491D-8149-C61EB5B1B4B2 Legal Compliance: Sponsor's rights are subject to any federal, state, and local laws and ordinances applicable to and during the Events. Sponsor agrees to comply with all such laws and ordinances. Force Majeure: City's performance of its obligations under this Agreement shall be excused by acts of God such as fires, storms, lightning, floods, confiscations or restraints of government (civil or military), strikes or labor disputes, civil disturbances, or any other cause that is not within the reasonable control of City and not otherwise due to any negligence or willful misconduct by City ("Force Majeure"). ln such event, the City will issue a partial refund of the Fee, in the amount of City's reasonable determination of the value of the benefit becomes unavailable. lndemnity: Sponsor shall defend, indemnify, and hold harmless City and its affiliates, officers, directors, employees, agents, attorneys, successors, and assigns from and against any and all suits, actions, claims, losses, demands, damages, liabilities, costs, and reasonable expenses, including reasonable attorneys' fees, that result solely from City's inclusion of Sponso/s Marks in any advertising or promotional material connected with the Library. Sponsor shall defend, indemnify, and hold harmless City and its affiliates, officers, directors, employees, agents, attomeys, successors, and assigns from and against any and all suits, actions, claims, losses, demands, damages, liabilities, costs, and reasonable expenses, including reasonable attorneys' fees, including but not limited to bodily injury or property damage, that are due to the negligence of Sponsor or Sponsor's agents or employees. The indemnities provided herein shall survive the termination of this Agreement. Assignability: City may assign all or part of its rights or obligations under this Agreement to any successor in interest thereto. Sponsor may assign all or.part of its rights or obligations under this Agreement only with the consent of City, which consent shall be at City's sole discretion. Severability: lf any part of this Agreement contravenes any applicable statutes, regulation, rules, or common law requirement, then, to the extent and only to the extent of such contravention, such part shall be severed from this Agreement and deemed non-binding while all other parts of this Agreement shall remain binding, so long as the material purposes of this Agreement can be determined and effectuated. Governing Law and Venue: This Agreement shall be governed by and construed in conformity with the laws of the State of Texas, exclusive of its conflict of law principles. The Agreement is performable in Brazoria County, Texas, and the Parties agree that venue for any legal dispute under the Agreement shall be Brazoria County, Texas. The Parties to this agreement shall use their best efforts to settle any controversy or claim arising out of or relating to this agreement, or the breach thereof. Entirety of Agreement: This Agreement and its attachments contain the entire understanding between the Parties and supersede any prior understanding and written or oral agreement between them respecting this subject matter. There are no representations, agreements, or understandings, oral or written, between the parties relating to the subject matter of this Agreement not fully expressed in this Agreement. Any modification to this Agreement must be written and executed by the Party to be bound thereby. Signatures: This Agreement may be signed in any number of counterparts with the same effect as if the signatures thereon were upon the same instrument. DocuSign Envelope ID: 7A766094-121B-491D-8149-C61EB5B1B4B2 Section Headings: Section headings are for reference purposes only and shall not affect the interpretation or meaning of this Agreement. [srgrnafures to follow on the next pago] 4 DocuSign Envelope ID: 7A766094-121B-491D-8149-C61EB5B1B4B2 ACKNOUYLEDGED AilD AGREED TO on behalf of Crty and Sponsor as of the Effec*ive Date above mentioned. Clty of Pearland By (Sisn): Narne: Kevin Cole Title: Mavor. Pearland Citv Council Sponsor By (Sign): Name: Date: 5 DocuSign Envelope ID: 7A766094-121B-491D-8149-C61EB5B1B4B2 8/23/2022 | 11:34 AM CDT West Pearland Library Naming Rights Agreement - Appendix A Description of Partnering Organizations and Sponsor Organization: City of Pearland Contact Name: Carry Capers, Parks & Recreation Director Mailing Address: 3519 Liber$ Drive, Pearland, TX77581 Physical Address: 4141Bailey Road, Pearland, TX77584Phone: 281.412.8906Email: ccapers@pearlandtr.gov Web site pearlandparks.com Organization: Friends of Pearland Westside Library, Inc. Contact Name: Amit Joshi, President Mailing Address: 11801 Shadow Creek Parkway, Pearland, fX 77584Email: contact@pearlandwestsidelibraryfriends.org Web site www.peadandwestsidelibraryfriends.org Sponsor: Vaidya Foundation Gontact Name: Deepa lyengai Mailing Address: 3402 Castle Pond Ct., Pearland, TX 7758/.Phone: 832.2M.7963Email: ddvaidehi9S@gmail.com Second Floor Study Room for 2 (Room 215) - Naming Rights Benefits On Site / Signage. One (1) of the West Pearland Librart's study rooms located on the second floor named Study Room Sponsor I Vaidya Foundation.o Sponsor name recognition on digital room sign located at the entrance to one (1) study room located on the second floor of the West Pearland Library - See Appendix B . Sponsor name recognition on one (1) second floor study room entrance door - See Appendix C Advertising / lnterneto Sponsors name or logo recognition three (3) times per year on the Friends Group Facebook page . Sponsor name or logo recognition on the Friends Group website for the duration of the agreement 6 DocuSign Envelope ID: 7A766094-121B-491D-8149-C61EB5B1B4B2 Appendix B Vaidya Foundation Study Room San Antonio Conference Room . tEr#*t4aluF San Antonio Conference Room Offline Conn€d this d€viee to ltt"*', DocuSign Envelope ID: 7A766094-121B-491D-8149-C61EB5B1B4B2 Appendix C DocuSign Envelope ID: 7A766094-121B-491D-8149-C61EB5B1B4B2