OTHERAPPROVED

City of Beatrice Resolution Sponsorship Agreement for Hannibal Park 2026-06-01

Beatrice Approves Hannibal Park Sponsorship Agreement

$3,750.00 total ($1,250.00 due on or before June 17, 2027; $1,250.00 due on or before June 17, 2028; $1,250.00 due on or before June 17, 2029), plus applicable sales taxTown of BeatriceFIRST STATE BANK NEBRASKAJune 1, 2026

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Description

The City of Beatrice approved a three-year sponsorship agreement with First State Bank Nebraska for Hannibal Park, providing branding, outfield signage, and hospitality benefits in exchange for three annual payments totaling $3,750. The agreement begins when sponsor signage is installed and outlines responsibilities for signage costs, maintenance, and use of trademarks.

Contract Details

Contract Amount

$3,750.00 total ($1,250.00 due on or before June 17, 2027; $1,250.00 due on or before June 17, 2028; $1,250.00 due on or before June 17, 2029), plus applicable sales tax

Vendor

FIRST STATE BANK NEBRASKA

Agency

Town of Beatrice, AL

Contract Type

OTHER

Document Date

June 1, 2026

Contract Term

Three (3) years commencing when signage is installed; payments scheduled June 17, 2027 through June 17, 2029

Renewal Date

2029-06-17

Renewal Info

Initial term is three years commencing upon installation of sponsor signage, with no explicit renewal options stated in the resolution text. Any amendment or extension would require a written agreement signed by both parties.