House Bill NO. 1548

By Representative(s) Simpson

AMEND on line 83 before the semicolon by inserting the following: ", subject to the requirements of subsection (3) of this section"

AMEND FURTHER by inserting between line 84 and 85 the following:

(3) In the leasing or selling of naming rights to the civic center, the bureau is authorized to enter into contracts for the use of a commercial, corporate, business or private enterprise name on the building, literature, letterhead or other item, as contracted for, of the civic center, provided that the use of the civic center is limited to providing a place for conventions, entertainment, athletic events and other civic events. Such a contract shall be for a term that complies with law. In the discretion of the bureau, the term of the contract may extend beyond the terms of office of the members of the bureau. The contract shall provide compensation to the bureau that, in its determination, is fair and adequate consideration in exchange for the benefits, name recognition, advertising, potential returns and publicity to the private enterprise. Any such contract entered into before the effective date of this act is hereby ratified and affirmed. The bureau may negotiate and enter into such a contract for naming rights, and all incidental rights associated therewith, in the same method as is authorized by law for procuring a contract for professional services. The provisions of this section do not authorize contracts for naming rights for any building other than the civic center, regardless of whether it is used for public meetings on occasion.