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HomeMy WebLinkAboutConcerts on Broadway MEMORANDUM OF AGREEMENT FOR CONTRIBUTION TO 202-5 CONCERTS ON BROADWAY This MEMORANDUM OF AGREEMENT FOR CONTRIBUTION TO CONCERTS ON BROADWAY (`'Agreement") is made this I lth of December, 2024 ("Effective Date"),by and between the City of Meridian,a municipal corporation organized under the laws of the State of Idaho ("City'). and Meridian Development Corporation, an urban renewal agency organized under the laws of the State of Idaho ("MDC"). WHEREAS, City and MDC desire that the plaza at Meridian City Hall serve as a place where members of the community can gather to enjoy downtown Meridian and to take part in the arts; WHEREAS, in the summer of 2025, the Meridian Arts Commission will present Concerts on Broadway, a series of live; outdoor performances to be held in the Meridian City Hall plaza; and WHEREAS, MDC is willing to contribute to City ten thousand dollars ($10,000.00) toward expenses related to the presentation of the Concerts on Broadway series; NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged and agreed, and in consideration of the mutual promises and covenants herein contained, the Parties agree as follows: I. CITY'S RESPONSIBILITIES. A. Concert production. Between May 1, 2025 and September 30, 2025, City agrees to present at least three (3) free outdoor concerts at Meridian City Hall plaza as part of the 2025 Concerts on Broadway series. Such concerts will include live musical performance, and may include an opening act,food vendor(s),amplified sound,and limited chair seating. The selection of staff and/or vendors for Concerts on Broadway shall be made by City. B. Publicity. City shall publicize the 2025 Concerts on Broadway series, which publicity may include distribution of information via written and broadcast media, social and online media, e-mail,posters,and a banner displayed at Meridian City Hall. Decisions regarding the time, place, and manner of such publicity shall be made by City. C. Acknowledgment of sponsorship. Though the amount contributed by MDC would typically allow MDC to be acknowledged as a title sponsor of the 2025 Concerts on Broadway series, MDC's desire is to be acknowledged as a Tier I sponsor (or like designation). As such, MDC shall be entitled to recognition as `sponsored by," and have the MDC logo printed on all event marketing materials where sponsors' logos are printed. D. Invoice MDC. City sliall provide one (1) invoice to MDC by June 1, 2025, in the amount of ten thousand dollars ($10,000.00), and City shall use such amount for the payment of expenses related to the production of Concerts on Broadway. MENIOR.ANDU\I OF AGREFNIEN7 FOR N'IDC's CONCERTS ON BROADWAY CONTRIBUTION PAGE 1 OF 3 II. MDC's RESPONSIBILITIES. A. Reimbursement. Within thirty(30)days of receipt of City's invoice, MDC shall provide payment to City in the amount of ten thousand dollars ($10,000.00). B. Logo. MDC shall provide City with a copy of its logo, in digital format, f'or use on marketing materials as described herein. III.GENERAL TERMS. A. Term. This Agreement begins December 11.2024 and shall remain in effect through September 30,2025. B. Notice. Notice required to be provided by either of the parties under this Agreement shall be in writing and be deemed communicated when mailed by United States Mail, addressed as follows: City: City of Meridian MDC: Meridian Development Corporation Arts &Culture Coordinator Ashley Squyres, Administrator 33 E. Broadway Avenue 104 E. Fairview Avenue 4239 Meridian ID 83642 Meridian ID 83642 Either party may change its address for the purpose of this paragraph by giving formal notice of such change to the other in the manner herein provided. C. Entire agreement; modification. This Agreement embodies the entire agreement and understanding between the parties pertaining to the subject matter of this Agreement, and supersedes all prior agreements,understandings, negotiations, representations,and discussions, whether verbal or written, of the parties pertaining to that subject matter. The Agreement may not be changed,amended, or superseded unless by means of writing executed by both Parties hereto. D. Termination. Either party may terminate this Agreement in whole, or in part, due to convenience, nonappropriation, or when either or both parties agree that the continuation of this Agreement is not in the parties' best interest; by providing thirty (30) days written notice. If MDC is the terminating party, City shall be entitled to receive reimbursement for payments made for services properly performed by City to the date of termination. If City is the terminating party, MDC shall be entitled to reimbursement f'or a pro-rata share of MDC's contribution for any concerts that have not been presented at the time of tennination, i.e., $3,333.33 per concert. If the City decides to cancel all or a portion of the concerts due to concerns related to COVID-19 or other health risks. then MDC shall be entitled to reimbursement in the amount of$3,333.33 per concert cancelled. City's decision to cancel or reschedule a concert due to inclement weather or other unforeseen event on the day of such scheduled concert shall not constitute termination or breach.and MDC shall not be entitled to pro-rata or other reimbursement in such circumstance. E. Indemnification. To the fullest extent permitted bylaw and by Article VIII, section 4 of the Idaho Constitution, City agrees to indemnify,defend,and hold harmless MDC and its officers,agents, consultants,and employees from and against any and all liability, claims, NIE.IORANDUM of AGREEt ir:NT rOR MDC's CONCERTS ON BROADWAY CONTRIBUTION PAGE 2 or•3 losses. actions. or jud-nlents, costs and fees, inclLldill any costs and attorneys fees incurred therein. for damages. losses, or injury to entities; persons or property for any act. error, or OIllissioll al1sill`OLIt Of OI• ill any way connected With the activities and pro`ra111S described herein and/or the activities of City and its officers, employees, contractors, or agents related to or connected With this Agreement. F. Severability. Ifany part of this Agreement IS held to be invalid Or Unenforceable. SLICII holding will not affect the validity or enforceability of any other part of this Agreement so long as the remainder Of the Agreement IS reasonably Capable Of completion. The invalidity OI' Llllelllorceablllty Of all\, particular provision Of this Agreement Shall not affect the other provisions,and this Agreement shall be construed ill all respects as If all\' invalid of unenforceable provision Were omitted. G. Applicable Law. The Agreement shall be governed by the laws of the State of Idaho and jurisdiction for any disputes arising hereunder shall be in the Fourth Judicial District, Ada County, State of Idaho. IN WITNESS WHEREOF,the parties hereto have e\eCLited this Agreement oil the Effective Date first% rittell above. MERIDIAN DEVELOPNIENT CORPORATION: Attest: ave Winder. Chairman teve Vl sek; Secretary CITY OF MERIDIAN: Attest: Robert E. Simison,Mayor 1/21/2025 Chris Johnson, City Clerk 1/21/2025 NtEMoit.wDUM OF AcItEEMI:NT relit\iDC's CONCIATS ON BitoAlmw CONTRIBUTION PAu:3 m.,