Could the Strathcona Paper Centre see a new name in the next year?
Greater Napanee Town Council is set to receive a Recreation Centre Naming Rights Draft Agreement during their meeting tonight.
On April 10th, 2003, the Town of Greater Napanee signed a Facility Naming Rights Agreement lasting ten years with the Roman Corporation Limited. It was later renewed for another decade starting September 1st, 2014.
The value of those Naming Rights has been $20,000 per year since September 1st, 2004.
The aim of this agreement and the Draft Donations and Sponsorships Policy is to ensure fair access to sponsorship opportunities, maximize revenue sources, comply with laws, distinguish between donations and sponsorships, and ensure a positive impact on the community while considering future costs to the Town.
The current Naming Rights Agreement for the Town of Greater Napanee Recreation Centre ends on August 31st, 2024.
Written by Emily Chatwood
