Civic IQ
OTHERAPPROVED

Loyalist Township Council and Committee of the Whole Agenda May 2026

McDougall Insurance Arena Bench Naming Agreement

$25,000Township of LoyalistMCDOUGALL INSURANCE & FINANCIALMay 12, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Loyalist Township intends to execute a Gift Agreement with McDougall Insurance & Financial, granting naming rights to the Arena Home Team Bench in recognition of a $25,000 donation over five years. Naming rights will extend through June 1, 2030, with an option for a further five-year extension.

Contract Details

Contract Amount

$25,000

Vendor

MCDOUGALL INSURANCE & FINANCIAL

Agency

Township of Loyalist, Canada

Contract Type

OTHER

Document Date

May 12, 2026

Contract Term

Five annual instalments from Council approval date to June 1, 2030, with option to extend 5 years

Renewal Date

2030-06-01

Renewal Info

Naming rights initially run through June 1, 2030, tied to five annual payments, with McDougall Insurance granted the right to extend the term and naming rights for an additional five years on terms to be agreed.

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