Gift Agreement Amended for CATC Lobby Naming Rights
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Description
M & B Paul, Inc. is providing a $100,000 gift over five years under a naming-rights agreement with the Community College of Philadelphia Foundation, originally designating the Ground Floor Lobby at the Career and Advanced Technology Center. On May 7, 2026, the Board amended the resolution and gift agreement to rename the Main Lobby as “The Ardmore Toyota & Central City Toyota Lobby.”
Contract Details
Contract Amount
$100,000
Vendor
M & B PAUL INC
Agency
Community College Of Philadelphia, PA
Contract Type
OTHER
Document Date
May 6, 2026
Contract Term
Five annual installments of $20,000 beginning in Fiscal Year 2024
Renewal Date
2028-06-30
Renewal Info
Gift agreement executed March 10, 2024, payable in five annual installments beginning FY2024; amended May 7, 2026 to update the named space from Ground Floor Lobby Community Room to Main Lobby.
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