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1995-005 Pepsi Scoreboard Agrmt' RESOLUTION N0.5-95 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, AUTHORIZING AND DIRECTING THE MAYOR AND VILLAGE CLERK TO ENTER INTO A SCOREBOARD AGREEMENT WITH THE PEPSI-COLA BOTTLING COMPANY OF FORT LAUDERDALE - PALM BEACH, INC., WHEREBY THE VILLAGE SHALL RECEIVE A SCOREBOARD AND PEPSI-COLA BOTTLING COMPANY OF FORT LAUDERDALE - PALM BEACH, INC. SHALL HAVE THE EXCLUSIVE RIGHT TO SELL AND PROVIDE SOFT DRINK PRODUCTS AND JUICES AT OSBORNE PARK AND NORTH PALM BEACH COMMUNITY CENTER; AND, PROVIDING FOR AN EFFECTIVE DATE. ' WHEREAS, the Village Council of the Village of North Palm Beach is desirous of entering into a Scoreboard Agreement with the Pepsi-Cola Bottling Company of Fort Lauderdale - Palm Beach, Inc., whereby the Village shall receive a Scoreboard and Pepsi-Cola Bottling Company of Fort Lauderdale - Palm Beach, Inc. shall have the exclusive right to sell and provide soft drink products and juices at Osborne Park and North Palm Beach Community Center. BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA: Section 1. The Village Council of the Village of North Palm Beach does hereby approve the Scoreboard Agreement with Pepsi- Cola Bottling Company of Fort Lauderdale - Palm Beach, Inc. attached as Exhibit "A". Section 2. The Mayor and Village Clerk are hereby 1 authorized and directed to execute the Scoreboard Agreement with Pepsi-Cola Bottling Company of Fort Lauderdale - Palm Beach, Inc. attached as Exhibit "A" for and on behalf of the Village of North Palm Beach. Section 3. This Resolution shall take effect immediately 1 1 upon its adoption. PASSED AND ADOPTED THIS 12th. DAY OF January 199 5, (Village Seal) MAYOR ATTEwrE~i/ /i e ~. J i// ~(y///~~• VILLAGE CLERK 1 AGREEMENT THIS AGREEMENT is made and entered into this 12th day of January, 1995, by and between THE PEPSI-COLA BOTTLING COMPANY OF FORT LAUDERDALE - PALM BEACH, INC., a corporation, hereinafter referred to as "PEPSI" and THE VILLAGE OF NORTH PALM BEACH, a municipal corporation, hereinafter referred to as "VILLAGE". WITNESSETH: 1 1 IN CONSIDERATION of the sum of TEN AND NO/100 ($10.00) DOLLARS and in consideration of the mutual covenants herein, the receipt and sufficiency of which are acknowledged, the parties do hereby covenant and agree as follows: 1. EXCLUSIVE RIGHT OF SALE. VILLAGE does hereby grant to PEPSI the exclusive right and privilege to sell Pepsi soft drink products, syrups, allied brands and juices ("Products") at Osborne Park and the North Palm Beach Community Center located within the VILLAGE. 2. TERM OF AGREEMENT. This Agreement shall commence February 15, 1995, and shall continue for a period of ten (10) years or upon PEPSI having sold 3,600 cases of drinks at Osborne Park and the North Palm Beach Community Center, whichever event first occurs. 3. SCOREBOARD. PEPSI agrees to provide at its expense a baseball scoreboard as set forth in Exhibit "A" attached to this Agreement. The scoreboard shall be provided to VILLAGE prior to the commencement of the term of this Agreement and must be in new condition and acceptable to VILLAGE. The installation, maintenance, repair and replacement of the scoreboard shall be the responsibility of VILLAGE. 4. VENDING MACHINES. Vending machines shall be placed at such locations at Osborne Park and the North Palm Beach Community Center as agreed to by the parties. PEPSI shall be responsible for the maintenance and repair of all vending machines and agrees during the term of this Agreement to keep all such machines in good operating order and repair at its expense. PEPSI shall also provide whatever insurance it desires to protect the equipment against loss and vandalism. VILLAGE shall have no responsibility in regards to the vending machines except to provide 1 1 an electrical supply for the operation of all such vending machines. 5. SALES REPORTS. Commencing six (6) months from the effe~t.ive date of this Agreement and continuing every six (6) months thereafter during the term of Agreement, PEPSI agrees to provide to VILLAGE sales reports and such other documentation in possession of PEPSI and requested by VILLAGE that reflects sales of the number of cases of drinks at Osborne Park and the North Palm Beach Community Center. 6. PRICING OF PRODUCTS. During the term of this Agreement, PEPSI agrees that charges for Pepsi products shall be in accordance with the price structure of PEPSI at other locations within South Florida. 7. EXCEPTIONS TO AGREEMENT. The following shall constitute exceptions to the exclusive right of sale of PEPSI at Osborne Park and the North Palm Beach Community Center: A. Individuals and groups shall have the right to bring soft drink products including Pepsi products to Osborne Park and the North Palm Beach Community Center for their use. B. VILLAGE, individuals and groups shall have the right to conduct fund raisers at Osborne Park and the Community Center and sell soft drink products other than Pepsi products. C. VILLAGE shall have the right to allow another beverage company to dispense by vending machine or otherwise coffee and milk at Osborne Park and the Community Center. Not withstanding anything herein contained to the contrary, VILLAGE shall not allow another company such as Coca Cola to sell or dispense soft drink products and juices that are competitive with the products of PEPSI for which the exclusive right of sale is being granted. IN WITNESS WHEREOF, the parties to this Agreement have 1 1 set their respect~.ve hands and seals on the day and year first above written. (Village Seal) ' A ST' -V LLAGE CLERK 1 VILLAGE OF NORTH PALM BEACH By: MAYOR THE PEPSI-COLA BOTTLING COMPANY OF FORT LAUDERDALE - PALM BEACH, INC. 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