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R92-138 AUTHORIZING AGREEMENT - ALBRIGHT VIDEO PRODUCTIONS
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R92-138 AUTHORIZING AGREEMENT - ALBRIGHT VIDEO PRODUCTIONS
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7/20/2016 12:07:52 PM
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Resolution/Ordinance
Res Ord Num
R92-138
Res Ord Title
AUTHORIZING AGREEMENT - ALBRIGHT VIDEO PRODUCTIONS
Approved Date
9/8/1992
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, . . � 9a _ i3 £� <br /> . -►� � . <br /> AGREEMENT <br /> This Agreement made by and between the City of Decatur, <br /> Illinois, a municipal corporation ( "City" ) , and Albright Video <br /> Productions, ("Albright") . <br /> For and in consideration of the mutual promises and <br /> obligations made and assumed herein, City and Albright agree as <br /> follows: <br /> 1. Albright shall produce two (2) video tapes appropriate <br /> for use in recycling education presentations, one (1) of which <br /> tapes is to be appropriate for adult audiences and one (1) of <br /> which tapes is to be appropriate for children of fourteen (14) <br /> years of age and younger. <br /> 2.. Each of the tapes referred to in paragraph 1 hereof <br /> shall be approximately fifteen (15) minutes in length and shall <br /> be delivered to the City, as described in paragraph 3 hereof, <br /> within twelve (12) months of the date of this Agreement. <br /> � 3 . Upon completion of the aforementioned video tapes, <br /> Albright shall deliver same to the City and said tapes shall <br /> become the sole property of said City, Albright hereby waiving <br /> any right, title or interest in or to said tapes. <br /> 4. The City shall pay Albright Seven Thousand Dollars <br /> ($7 , 000) for said video tapes, as follows: (a) Three Thousand <br /> Five Hundred Dollars ($3, 500) to be paid within two (2) weeks of , <br /> the date of this Agreement; and (b) Three Thousand Five Hundred ! <br /> Dollars ($3,500) to be paid upon delivery of said tapes, but only �, <br /> if both of said tapes are satisfactory to the City. i <br />
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