R-1179 - 05/22/2012 - AGREEMENT-MCDONALD'S - Resolutions Supporting DocumentsITEM 66.17. 1)
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AGENDA ITEM
Regular Board of Trustees Meeting
of
May 22, 2012
SUBJECT: Taste of Oak Brook Sponsorship Agreement
FROM: David Niemeyer, Village Manager
BUDGET SOURCE/BUDGET IMPACT:
RECOMMENDED MOTION: Motion to Approve Resolution 2012-AG-MED- TASTE- FRWKS-
EX -R -1179, a Resolution Approving a Sponsorship Agreement Between the McDonalds Corporation
and the Village Of Oak Brook for McDonalds Corporation to Sponsor the Independence Day and Taste
of Oak Brook Fireworks Show.
Background/History:
Every year the McDonald's Corporation co- sponsors the Village's Annual Taste of Oak Brook event
by making a generous donation to the Village of Oak Brook. Without this donation, this event would
not be able to take place. McDonald's also actively participates by giving away their world famous
french fries and hosts a visit from Ronald McDonald.
Every year we have had a signed sponsorship agreement with McDonald's. The sponsorship
agreement attached is the same agreement as in the past, just updated to reflect the change in times and
day /date.
McDonald's active participation and generous donation is a large reason and essential for the success
of the Taste of Oak Brook event.
Recommendation:
Staff recommends that the Village Board approve Resolution R -1179, approving the Sponsorship
Agreement between the Village of Oak Brook and McDonald's Corporation for Taste of Oak
Brook/Independence Day Fireworks Event.
�A
RESOLUTION 2012- AG -MCD- TASTE - FRWRKS -EX -R -1179
A RESOLUTION APPROVING A SPONSORSHIP AGREEMENT BY AND BETWEEN MCDONALDS
CORPORATION AND THE VILLAGE OF OAK BROOK FOR MCDONALDS CORPORATION TO
SPONSOR THE INDEPENDENCE DAY AND TASTE OF OAK BROOK FIREWORKS SHOW
WHEREAS, the Village is hosting its annual Taste of Oak Brook on July 3, 2012; and
WHEREAS, the Taste of Oak Brook coincides with Independence Day and the Village's
Independence Day fireworks show ( "Show"); and
WHEREAS, McDonalds Corporation ( "McDonalds") has successfully sponsored the Show in
previous years; and
WHEREAS, the Village and McDonalds desire to enter into an agreement for McDonalds to
sponsor this year's Show by providing the Village a sponsorship fee of $100,000 and by providing
samples of its food products at the Taste of Oak Brook ( "Agreement "), which Agreement is attached to
this Resolution as Exhibit A; and
WHEREAS, the President and Board of Trustees have determined that it is in the best interests of
the Village to enter into the Agreement in a final form approved by the Village Manager and the Village
Attorney;
NOW THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows:
Section 1: Recitals. The foregoing recitals are hereby incorporated into, and made a part
of, this Resolution as the findings of the President and Board of Trustees of the Village of Oak Brook.
Section 2: Approval of the Agreement. The President and Board of Trustees hereby
approve the Agreement by and between the Village and McDonalds in a form acceptable to the Village
Manager and the Village Attorney.
Section 3: Authorization and Execution of the Agreement. The Village President and Village
Clerk shall be, and hereby are, authorized to execute the final Agreement on behalf of the Village after
review and approval of the final form of the Agreement by the Village Manager and the Village Attorney.
Section 4: Effective Date. This Resolution shall be in full force and effect upon passage and
approval in the manner provided by law.
[SIGNATURE PAGE FOLLOWS]
APPROVED THIS 22nd day of May, 2012
PASSED THIS 22nd day of May, 2012
Ayes:
Nays:
Resolution 2012- AG -MCD- TASTE - FRWRKS -EX -R -1179
Fireworks Show Sponsorship Agreement with McDonalds
Page 2 of 2
Gopal G. Lalmalani
Village President
ATTEST:
Charlotte K. Pruss
Village Clerk
EXHIBIT A
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