Policy 85 — Corporate Sponsorship & Naming Rights

Bridgewater, Nova Scotia

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Town of Bridgewater Corporate Sponsorship and Naming Rights Policy Policy No. 85 Approved: September 14, 2015 Resolution No.: 15-193 Revised: March 27, 2019 Resolution 17.083 Revised: May 27, 2019 Resolution: 19-093 Policy The Town of Bridgewater endorses sponsorship as an opportunity to offset the costs of municipal programs, events, and services and as a way to recognize corporate partnerships that support municipal operations. 1. Purpose and Scope 1.1 Whereas it is the desire of the Town of Bridgewater to foster private-sector sponsorship to assist in the provision of municipal events, programs, and services consistent with the Town's values, this policy is intended to create a flexible framework for accepting corporate sponsorship and naming rights proposals, while ensuring fairness, transparency, and accountability of the sponsorship process. Corporate sponsorships can enhance municipal programs, events, and services without additional cost to the taxpayer. 1.2 This policy applies to all arrangements entered into between the Town of Bridgewater and persons or bodies corporate that involve consideration for corporate sponsorship and/or naming rights. 1.3 This policy applies to all sponsorship arrangements entered into between the Town and corporations that involve: a) any department of the Town of Bridgewater; b) any committee of the Town; c) the Bridgewater Public Service Commission; d) the Bridgewater Museum Commission. 1.4 This policy does not apply to: a) gifts or donations; b) funds obtained from the Provincial or Federal government; c) third parties operating a Town asset under a management agreement; d) facility lease agreement or memorandum of understanding (MOU); e) Town grants or contributions to third parties which may, as a condition of approval, include a requirement that the Town's support be acknowledged; f) Town sponsorship of third parties' activities; and g) areas specifically designated as advertising space for sale at Town facilities 2. Definitions 2.1 For the purposes of this sponsorship policy: a) "Gift or Donation" refers to an unsolicited contribution to the Town for which there is no reciprocal commercial benefit expected or required; b) "Naming Rights" refers to a type of sponsorship in which a corporation purchases the exclusive right to name a municipal asset. Usually, naming rights are considered in a commercial context, where the naming right is sold for significant cash or other revenue support. The arrangement is documented in an agreement signed by the interested parties and has a specified end date to the contractual obligations; c) "Regulated substance" refers generally to a drug or chemical whose manufacture, possession, or use is regulated by a government, such as alcohol or marijuana; d) "Sponsorship" considerations may include money, value-in-kind or a combination of money and value-in-kind made by an individual or body corporate to the Town of Bridgewater in exchange for advertising, marketing or promotional considerations, as negotiated per the terms of a Sponsorship Agreement; e) Town of Bridgewater assets include Town-owned property, complexes, structures, buildings or portions thereof. 3. General Principles 3.1 Sponsorship shall be established in a manner that ensures access and fairness, and results in the optimal balance of benefits to the Town of Bridgewater and the community. The Town may issue a Request for Proposals for designated opportunities (such as Naming Rights for a municipal facility) OR it may receive unsolicited sponsorship proposals at any time for consideration. 3.2 Sponsorship may not compromise the Town of Bridgewater's ability to carry out its functions fully and impartially. 3.3 Sponsorships must not conflict with the terms and conditions of existing naming rights agreements or sponsorship agreements. 3.4 Sponsorship rights will be compatible with the nature of the sponsored program, event or asset and compatible with the target audience, as judged by Town Council or the CAO or senior manager, depending on the scope and financial commitment of the proposal. 3.5 Prospective sponsors shall bear all costs associated with the preparation and submission of any sponsorship proposal, and the Town of Bridgewater will, in no case, be responsible or liable for those costs. 3.6 Granting of sponsorship rights will not result in additional costs for the Town of Bridgewater, excluding costs incurred during the solicitation and authorization process, or costs incurred to fulfill conditions of sponsorship. 3.7 The granting of sponsorship rights shall not include an express or implied obligation, on the part of the Town of Bridgewater, its agencies, associations, committees or commissions, to purchase the sponsor's products and services or to endorse either the sponsor itself, or the sponsor's products or services. 3.8 Sponsors are prohibited from making statements that suggest the sponsor's products and services are endorsed by the municipality. 3.9 Neither the submission of a sponsorship proposal nor the acceptance of the sponsorship proposal submission shall be construed as a contract. 3.10 Sponsorships may not be accepted from corporate bodies or individuals who, in the discretion of Town Council, the CAO or a senior manager are inappropriate partners for the Town. 3.11 In the event that the Town of Bridgewater engages in a sponsorship agreement with a company that sells/markets regulated substances, per the authority granted in Section 4.3, the sponsorship agreement must include strong responsible usage messaging and, if applicable, that messaging should be consistent with the values and concerns identified in the Municipal Alcohol Project Report on Bridgewater. 4. Authority to Approve Sponsorship 4.1(a) Sponsorship proposals under $1,500 per annum may be authorized and signed by members of the Town's Senior Management team. 4.1(b) Sponsorships of $1,500 or more per annum up to and including $5,000 must be authorized and signed by the CAO. 4.1(c) Sponsorship proposals of more than $5,000 per annum shall be authorized only by resolution of Bridgewater Town Council and shall signed on behalf of the Town of Bridgewater by the Mayor and/or CAO. 4.2 Notwithstanding Section 4.1, any sponsorship proposal received and considered that includes a Naming Rights component for a municipal facility and/or a municipal event shall only be authorized by resolution of Bridgewater Town Council and signed on behalf of the Town of Bridgewater by the Mayor and/or CAO. 4.3 Notwithstanding Sections 4.1 and 4.2, any sponsorship proposal from a company/business that sells/markets in regulated substances shall only be authorized by resolution of Bridgewater Town Council and signed on behalf of the Town of Bridgewater by the Mayor and/or CAO. 5. Use of Funds 5.1 Proceeds received by the Town of Bridgewater through the sale of sponsorship rights are to be used for: a) the enhancement or maintenance of the sponsored event, program or service, or combination thereof; b) investments whose proceeds contribute to the delivery of Town of Bridgewater services. c) such other purposes as agreed upon in the terms of the sponsorship agreement.