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HomeMy WebLinkAboutKIN 92 083 Airport Agree-Receip THE CORPORATION OF THE TOWN OF KINCARDINE . BY-LAW BY-LAW NO. 1992-83 A BY-LAW TO AUTHORIZE THE SIGNING OF A LEASE AGREEMENT CONCERNING THE SHARING OF HOCKEY GATE RECEIPTS. WHEREAS the Council for The Corporation of the Town of Kincardine deems it advisable to enter into a lease agreement¡ NOW THEREFORE the Council for The Corporation of the Town of Kincardine ENACTS as follows: 1. That The Corporation of the Town of Kincardine enter into an agreement with the Kincardine Kings Hockey Club to use the Davidson Centre and establish the share of the Town's gate receipts. 2. That the mayor and clerk be authorized to sign, on behalf of The Corporation of the Town of Kincardine, the agreement with Kincardine Kings Hockey Club which is attached to this by-law and to affix the Town's Corporate seal as and when required. 3. This by-law shall come into full force and effect upon its final passage. 4. This by-law may be cited as the "Kincardine Kings Agreement By-law". READ a FIRST and SECOND time this 17th day of September, 1992. READ a THIRD time and FINALLY PASSED this 1st day of october, 1992. .~~e~ ~f;~ ~ . '<,~Æ" ,,~~', ) . " This AGRBBMEHT made this 1st day of october, 1992. BETWEEN: '1'IIB CORPORATIOII OJ!' '1'IIB 'l'OWlif OJ!' KINCARDIlŒ hereinafter called the "Town" of the First Part, -and- KINCARDIlŒ KINGS HOCKEY CLUB herinafter called the "Club" of the Second Part. WBBRBAS the Town deems it advisable to enter into a rental agreement with the Club¡ NOW TBBRBI'ORB THIS ~.1DIIlIft WITNBSSBTB THAT in considera- tion of the premises and mutual promises and covenants hereinafter contained, the parties hereby agree as follows: 1. The Kincardine Kings Hockey Club and The corporation of the Town of Kincardine agree to the financial arrangement that the gate at all exhibition, regular and play-off games be split 60-40 with $195.00 minimum, $700.00 maximum payment to the Town. The split will occur after referees, ticket taker, ticket seller, W.o. A.A. expenses, police (if necessary) plus payment to the visiting team have been deducted. The Club will receive 60% and the Town 40% of the gate after expenses. The Club will provide the ticket taker and the Town will supply the ticket seller. 2. The Club will receive a one hour practice per week at no charge for pre-season exhibition, regular schedule and play-off games. The practice time will be specified prior to the beginning of the season. 3. Police security is at the discretion of the Town. 4. Blue Line Clubs held in conjunction with all games are to be split 60-40 (club receiving 60% and the Town 40%) after all expenses are paid for which either the Meeting Room and the Sun Room or Kincardine Room will be made available. The Club shall be responsible for the operation of the Blue Line Club, the conduct of all patrons, and ensure that compliance to the rules and regulations established in the Liquor License Control Act are strictly enforced. 5. The Club and The town are to mutually agree upon the setting of admission prices. 6. This agreement is only valid for the 1992-1993 hockey season. The agreement is negotiable annually with a negotiating deadline being the second Monday in June. 7. Rental payments and/or splits will be payable to the Town following each game or practice with no exceptions. Default of any such payment may render this agreement null and void. 8. policy, Dressing room tl may be used of lockers. The Town is not responsible or theft of Club property. for for As per storage any loss . . ~ :,' Kincardine Kings Agreement Page 2 IN WITNBSS ~J!' the parties hereto have hereunto set their corpo~ate seals attested by the hands of their duly authorized officers. SIGNED, SEALED AND DELIVERED ) in the presence of ) ) ) ) ) ) ) ) ) ) TIlE CORPORATION OJ!' TIlE TOWN OF KINCARDIlŒ De~~~ or - Ch rles w<.,~nn . ---_ ... . -- c. - :::: - , ._~ /~"'fð .p'<~~.:;;~~/ ~ ~~~.~-.... . H~::~:'>'" ! ner, 4...L&zí' ~ ) Prešident r