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01-11-2005 TV 8 ADVERTISING CONTRACT• Memo To: Honorable Mayor and Town Council Thru: Lary Brooks, Town Manager From: Fraidy Aber, Meryl Jacobs Date: 12-27-04 Re: TV 8 Advertising Contract Summary: The Avon Recreation Center has advertised with TV8/TV 17 in the past. Last year we signed a new contract that combines commercial space on Good Morning Vail, live interviews, and Special Events sponsorship. The contract would be for $2100 cash and $2000 trade. Avon Rec will receive 2 commercials/week on Good morning Vail and 12 interviews/year. TV8/TV17 would receive $2000 in sponsorship value at Avon special Events of their choice. • Background: The recreation center has traditionally advertised with TV8/TV17 with contracts for over S4000 (prior to 2004). We did not include a sponsorship trade in earlier contracts and our commercials were not featured on the premium show of Good Morning Vail, although they were featured 3/day on other shows. Discussion: This contract will allow the rec center to reach the larger Good Morning Vail audience at less of an expense. Financial Implications: This advertising will cost $2001 for 2005. Town Manger Comments: i~ Attachments: Contract r~ U TV8/TV17 ADVERTISING CONTRACT - Cash & Trade Advertiser Avon Rec Center Mailing Box 975 Address: Avon CO 81620 Contact Fraidy Aber Phone Number 748-4032 Fax Number 949-0160 Cell Number Email faber(a),avon.ore bate 12-1-04 Advertiser # Contract # _ Agency/Copy # • AIRTIME: SUN MON TUES WED THURS FRI SAT WEEKLY TOTAL GOOD 2 x :30 second commercial per week 2x:30 MORNING 12 live interviews to be used during the year as needed by Avon Rec Center 12 Live VAIL 7-10 AM Interviews TRADE TV8 will receive logos on all print ads for events, on T-shirts, registration forms, posters, radio ads, newspaper ads, etc.; PA announcements and Banners at all events Above schedule to run 1-1-05 through 12-31-05 , a total of 52 Weeks. NET cost of advertising $ 4100 $ 2100 CASH $ 2000 TRADE 5tandard Broadcast Month bill in cle, $ 2100 in FEBRUARY Production of above sp9. s isT included unless noted. Cr Registered Trademark of Vail Productions Inc. FOR TV8/TV17 Lindy Phannenstiel TITLE DATE TITLE General 5ales Manager 0 The advertiser and TV8/TV17 agree that the announcements and programs specified above will be broadcast on the TV8/TV17 system as specified. These conditions and the CURRENT TV81TV17 Rate Cards are part of this agreement and are hereby incorporated. Advertiser understands and agrees that payment is due and payable within 30 days of receipt of invoice A charge of 1.5% per month will be added to all overdue balances. All contracts are subject to the approval of the General Sales Manager. When signed by Advertiser and TV8/TV17, this Agreement shall become binding upon the prospective parties, and constitute the entire and only agreement between TV8/TV17 and Advertiser. FOR EARLY CANCELLATION OF ANNUAL PRICED CONTRACTS TV81TV17 MAINTAINS THE RIGHT TO BACK CHARGE WINTER RATES OR PRODUCTION FEES. IN ADDITION, DELINQUENT ACCOUNTS ARE ALSO SUBJECT TO CANCELLATION OF AIRTIME, REFERRAL TO A COLLECTION AGENCY, AND BACKCHARGE OF ANNUAL RATES/PRODUCTION FEES, PLUS COLLECTION • AGENCY/LITIGATION FEES.