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HomeMy WebLinkAboutAD09-175 - Amendment - #1 - Thunderbird Hockey Enterprises, LLC - Arena Naming Agreement - 09/27/2017 Records Management KENO Document WASHINGTON SCANNED CONTRACT COVER SHEET lU1-';-117 k This is to be completed by the Contract Manager prior to submission to the City Clerk's Office. All portions are to be completed. If you have questions, please contact the City Clerk's Office at 253-856-5725. Vendor Name: ,"u51,oyA �V.f, S`MVJC Vendor Number: JD Edwards Number Contract Number: This is assigned by City Clerk's Office Project Name: Naming Rights PVVU-' { y Vj+- N(I Description: ❑ Interlocal Agreement ❑ Change Order ® Amendment ❑ Contract ❑ Other: Contract Effective Date: f- 1 11 Termination Date: 7/31/2029 Contract Renewal Notice (Days): Number of days required notice for termination or renewal or amendment Contract Manager: Ben WelteFs Depart Contract Amount: 23,100.00 Approval Authority: ❑ Director ® Mayor ❑ City Council Meeting Date FIRST AMENDMENT TO ARENA NAMING AGREEMENT BETWEEN THE CITY OF KENT, THUNDERBIRD HOCKEY ENTERPRISES, AND SHOWARE This First Amendment to the Arena Naming Agreement between Thunderbird Hockey Enterprises, LLC, a Washington limited liability corporation ("Team"), City of Kent, a Washington municipal corporation ("City"), and VisionOne, d/b/a/ "ShoWare," a California corporation ("ShoWare" or "Naming Sponsor") is effective June 20,2017, and amends the Arena Naming Agreement ("Agreement") the parties entered on May 27, 2009. This First Amendment to the Agreement also serves as the Team's and City's written consent for ShoWare's requested change to the Arena Name. 1. Arena Name Change The Arena Naming Agreement includes a provision that addresses ShoWare's right to change the Arena Name. Section 5 of the Agreement, entitled "Future Name Change," requires the Team and the City to consent to a name change if certain conditions are met and to evidence their consent in writing. After having been acquired by "accesso," ShoWare has requested to change the Arena Name to the "accesso ShoWare Center at Kent." By executing this Amendment, the Team and the City express consent to this name change. Pursuant to Section 5, paragraph (c) of the Agreement, the new name shall become the Arena Name for all purposes of the Agreement, including the licenses granted for use of the Arena Name. 2. Amendments to Arena Naming Agreement This Amendment also amends the Agreement. All other provisions of the Agreement that are not inconsistent with the Amendment shall remain in effect. For valuable consideration and mutual consent of the parties, the Agreement is modified as follows: a. Section 1 of the Agreement, "Definitions" is amended as follows: "Arena Name" means "accesso ShoWare Center at Kent." b. A new definition is added to Section 1 of the Agreement, "Definitions" as follows: Point-of-Sale and Ticketing Integration Contract" shall mean the contractual agreement to be entered into by City and ShoWare, or its affiliate, pursuant to which the City shall agree to use Siriusware point-of-sale products and solutions exclusively during the entire term of this Agreement. C. A subsection (f) is added to Section 3, "Naming Sponsor" as follows; (f) As additional consideration for entering into this Agreement, City and ShoWare will negotiate directly to execute a Point-of-Safe and Ticketing Integration Contract, and pursuant thereto, City will exclusively use ShoWare's Siriusware for all events at the Arena throughout the Term of this Agreement, or unless terminated earlier as provided for in this Agreement. d. Section 2 of the Agreement, "Term" is amended by deleting the reference to July 31, 2019, and replacing that date with July 31, 2029. Section 2 will now read as follows: Term. This Agreement shall take effect on the Effective Date and shall terminate on July 31, 2029 ("Term"), unless sooner terminated or extended in accordance with the provisions set forth in this Agreement. e. Section 5 of the Agreement, paragraph (b) is amended as follows: (b) If all of the conditions of this Section 5 are satisfied, then the Team and City agree that they will consent to the change of the name of the Arena. The Team and City agree to evidence their consent in writing within thirty (30) days of the satisfaction of the above conditions. All costs associated with any name change will be the sole responsibility of ShoWare or its successor, including those costs identified above in Sections 3 and 4;af�d speeifiealiy rwot I l9eut llifni, , . However, in consideration of the ten 10 ear extension to the-Agreement, the Citv will be res onsible for the costs related to the removal of existing signage and design fabrication, and installation of new signaoe associated with the first name chanae of the Arena The City's financial responsibility for removing and reolacina the signage will not exceed $73,763 75 ShoWare will be responsible for all such costs associated with any subsequent name change ShoWare will further be responsible for reasonable replacement cost of any pre-printed or pre-produced stationary, brochures, promotional materials, tickets, advertising or marketing materials, and any pre-produced or constructed goods or products intended for sales and marketing purposes by either the Team or the City, but only if the Team or the City could not, in good faith, have avoided those costs. f. Exhibit 1, "Naming Sponsor Fees," attached to the Agreement is replaced with the updated Exhibit 1, attached hereto. In witness, the parties below have executed this First Amendment, which will become effective on June 20,2017 This First Amendment may be signed in counterparts. THUNDERBIRD HOCKEY ENTERPRISES, LLC By Its 1/ Date VisionOne, Inc., d/b a "ShoWare" < <� <7� By k Its Date co�kl 20 J 7 CITY OF KENT By I a REQUEST FOR MAYOR'S SIGNATURE KENT Please Fill in All Applicable Boxes Originator: Juli�Pu iam Phone (originator): 5702 Date Sent: 9/1 Date of Council Annroyal: 6/20/17 Return Date of Approval from Finance: Signed Document to: Julie Pulliam (Only required on contracts $10,000 &over or on any Grant A reements Port of Seattle Grant Fundin Date Required: As soon as signed Date of Approval from Risk Mana er: 1st Amendment to the Arena Naming Budgeted: YES -®NO ❑ Agreement Budget Fund: This is the 1st amendment to the Naming Rights agreement for ShoWare between the City of Kent, Seattle Thunderbirds and ShoWare Center. Expiration of this amendment will be July 31, 2029 All Contracts Must Be Routed Through The Law Department rea to be comple by Law Department) Received: SEP 2 2 2017 J Law Department Approved as to Form: � W DEPT. Law Dept. nt ; Date Forwarded to Mayor: ' Shaded Areas To Be Completed By Administration Staff Received: Recommendations and Comments: -C Date Returned: P.\Civil\FormsDocumenl Processing\Pink Sheet for Mayor s Signature Eoc.