R-1701 - 02/13/2018 - TASTE - ResolutionsRESOLUTION 2018-AG-MCD-TASTE-FRWRKS-R-1701
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, 2018; 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 ( "Agreement"); 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.
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 with McDonald's in substantially the same form as attached as Exhibit A.
Section 3: Authorization and Execution of the Agreement. The Village President and Village
Clerk shall be, and hereby are, authorized to execute the Agreement between the Village and McDonald's
after receipt of the final Agreement fully executed by McDonald's.
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)
Resolution 2018-AG-MCD-TASTE-FRWRKS- R-1701
Fireworks Show Sponsorship Agreement with McDonalds
Page 2 of 2
APPROVED THIS 13th day of February, 2018.
Gopal G. Lalmalani
Village President
PASSED THIS 13th day of February, 2018.
Ayes: Trustees: Cuevas Manzo Saived Tiesenaa Yusuf
Absent: Trustee Baar
ATT
Charlotte K. Pruss
>``' ° Village Clerk