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06-040 - R TOWN OF PROSPER,TEXAS RESOLUTION NO.06-40 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, HEREBY AUTHORIZING THE MAYOR OF THE TOWN OF PROSPER, TEXAS, TO EXECUTE A CLASSIFIED ADVERTISING CONTRACT BETWEEN THE TOWN OF PROSPER,TEXAS AND THE DALLAS MORNING NEWS. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS: SECTION 1: The Mayor of the Town of Prosper, Texas, is hereby authorized to execute, on behalf of the Town Council of the Town of Prosper, Texas, a Classified Advertising Contract between the Town of Prosper, Texas and the Dallas Morning News. SECTION 2: This Resolution shall take effect immediately upon its passage. RESOLVED THIS THE 25th day of April, 2006. Charles Nis anger, M r ATTEST TO: Douglas C. ousel,Town Administrator DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE OF PROSPER, TEXAS on this 25th day of April 2006. Ch es Niswa er, Ma ATTESTED AND CORRECTLY RECORDED: r Rcuinac Douglas . ousel, Town Administrator RESOLUTION DESIGNATING OFFICIAL NEWSPAPER—Page 2 C:\Documents and Settings\Sara Thetford\My Documents\Ordinances\Resolutions\Resolution-Establishing Official Newspaper 06-39.DOC Page 1 of 2 CLASSIFIED Advertising Contract Automotive Real Estate Recruitment Merchandise X Legal TOWN OF PROSPER #058034911 Hereinafter referred to as Advertiser hereby contracts with THE DALLAS MORNING NEWS for consumption of not less than $3,000.00 (Three Thousand Dollars) of advertising,through the use of classified advertising(all publications—The Dallas Morning News,Quick,Al Dia),to be published within twelve(12)months, such advertising to pertain solely to the business of the Advertiser as now conducted,for which the Advertiser agrees to pay at the office of The Dallas Morning News at Dallas,Texas,in accord with the attached schedule of rates. The term of this agreement is for the period beginning May I,2006 and ending April 30,2007 Dallas Morning News - Classified Legal Rates 2006 Do ai y mil[[ti e akt8` r 'f�s�a%' r aF t, w fezvoiir ° L gaf DVirtt l f 3TDMN x ; Pa nlifietR Quick z CAI Dla Pick Pick tf DVC$3,000 Annually 5.50 1.60 5.00 Liner/5.00 Displ 3.00 0.91 1.50 0.80 Al Dia Online $1/liner,$15/display The Dallas Morning News will provide Advertiser with monthly revenue updates summarizing the advertising revenue spent by Advertiser. If during the Contract Period,Advertiser does not achieve the contracted dollar volume level specified above,Advertiser will be billed and agrees to pay the difference between the amount billed at the discounted rate for the contracted dollar volume level and amount that would have been billed at the rate for the actual dollar volume level. For example,if the contracted dollar volume level is$500,000 Dollars and Advertiser's actual dollar volume is$400,000,Advertiser would be charged the difference between the discounted rate charged at the$500,000 dollar volume level and the rate charged for the$400,000 Dollar volume level based upon actual advertising volume. Such amount will be due and payable immediately upon receipt of the invoice. The Dallas Morning News may,during the term of this Agreement,offer different discount programs,designate new Dollar Volume Levels and frequency requirements for advertising. These changes will not be applicable to this Agreement.Rather,the rates and discounts described in this Agreement will apply to the entire Contract Period,except as provided in the Further Conditions attached hereto. In the event any tax is imposed on advertising,Advertiser agrees to pay all such taxes,fees and surcharges. This Agreement and the attached Further Conditions represents the only Agreement between the parties and may not be modified except in writing signed by both parties. Upon termination of this Agreement,the terms of this Agreement will not be renewable except by written agreement of the parties. The Dallas Morning News is under no obligation to provide the same discount programs or to continue any discounting upon termination of this Agreement. Upon expiration of the contract term specified above,the contract will continue on a month-to-month basis at Publisher's then current advertising rates. Either party may terminate the month-to-month contract with thirty days'written notice to the other party. • The Display rates of Publisher are based upon the volume or number of inches used by its advertisers.The rates specified herein are to apply only in the event the number of insertions contracted for is used by the Advertiser.An insertion refers to advertising space used on a specific day.Multiple advertisements used in one day are considered one insertion. The entire contract is expressed on the face hereof and in the additional Further Conditions attached hereto and no verbal agreements,provisions or conditions exist with respect thereto. Signed: The Dallas Morning News Town of Prosper 508 Young Street P.O.Box 307 Dallas,TX 75202-4808 Prosper,TX 75078-0307 BY: BY: NAME: NAME: Charles Niswanger TITLE: TITLE: Mayor DATE: c /(J1 C DATE: GR 8 "O 1p Page 2 of 2 FURTHER CONDITIONS OF THIS CONTRACT I. The Publisher reserves the right to edit or reject any advertising tendered under this contract. 2. Payment by Advertiser must be made in Dallas,Texas,and shall be made not later than the 15th of the month for space billed in the preceding calendar month.The Publisher and Advertiser agree that this contract is performable in Dallas County,Texas. Any amount not paid in full by the due date will be considered overdue and incur interest at a rate of 1.5%per month or the maximum amount permitted by law,whichever is less 3. The rates of Publisher as set forth in this Agreement are based upon an assumed classification for the advertising being placed.If at any time the Publisher determines that the advertising being placed does not qualify for the rates set forth,then Publisher shall notify Advertiser that any further inserts run pursuant to this agreement shall be run at a revised rate.Advertiser agrees to pay to Publisher the revised rate for any insertions run after Advertiser has received notice that the rate has been revised and has been advised of the amount of the revised rate.If the advertiser chooses not to pay the revised rate, then the Advertiser must so advise Publisher before any additional insertions are run.If the Advertiser gives notice to Publisher that Advertiser will not pay the revised rate,then this Agreement shall be terminated and the parties shall have no further liability to each other except for amounts owing for advertising run prior to Publisher's receipt of such notice from Advertiser. Upon contract termination,all advertising will be billed at the appropriate rate card rates. 4. Advertisements are to be inserted in accordance with the Publisher's rules of composition,position,and shape. 5. If the Advertiser specifies position,then the Advertiser agrees to pay the rate for such specific position provided the desired position is available.The Publisher does not agree to accommodate a request for a specified position.If a specified position requested by an Advertiser is not available,then the Publisher may position the copy in any position according to the Publisher's rules of composition,position and shape unless the Publisher is notified in writing by the Advertiser that the copy is to be printed only in the specified position and the Advertiser agrees to pay the applicable rate of any copy printed in other than the specified position. 6. In the event the Advertiser fails to make payment as agreed,the Publisher and Advertiser agree that Publisher may at any time discontinue the advertising of Advertiser and cancel this contract.Cancellation of the contract shall in no way affect the obligation of the Advertiser to pay amounts due at the time of cancellation. 7. In case of omission or error in an advertisement as presented,the Publisher shall not be liable for damages,but in such event the Advertiser's sole remedy shall be that the Advertiser shall not be liable for the entire cost of the advertisement. The publisher will determine the%of effective cost due to error and reduce the entire cost of the ad by this%amount. Publisher is the sole judge. 8. Advertising running consecutively will be carried until new copy is furnished or the advertising is ordered suspended.All orders changing copy or suspending an advertisement must be made in writing. 9. In the event of default or other breach of the Advertiser in the undertaking herein,and suit thereon,Advertiser agrees to pay all attorneys fees and costs mcuried by Publisher: --_-- - -- - — _--- - _ --- 10. While this contract is in effect,should any conditions arise which affect the cost of newspaper operation such as,imposition by the Government of a sales tax or increased material or production costs,the Publisher reserves the right to increase the advertising rates named on the reverse side hereof or incorporated,herein by reference.In such event,however,the Publisher must give the Advertiser at least thirty(30)days'notice thereof and if such increase is not satisfactory to the Advertiser,then the Advertiser shall have the privilege of canceling this contract. 11. Advertiser represents and warrants that the material provided by Advertiser for publication in accordance with this Agreement is true,accurate,and correct. Advertiser agrees to indemnify and hold harmless Belo and its directors,officers,agent and employees against and from all claims,exposure,liability,loss, or damage,including reasonable attorney's fees,alleged to be caused by or arising wholly or in part out of the publication of advertiser's material hereunder. 12. This contract made and entered into under Publisher's current published schedule of rates in effect on the date hereof,and by reference such schedule is expressly made a part hereof.Advertiser assumes responsibility for acquainting Advertiser with such current published schedule of rates and Advertiser agrees that Advertiser shall be deemed to know such current published schedule of rates. 13. Advertiser agrees to submit to Publisher in writing,all claims of errors in the statement of account submitted by Publisher within thirty(30)days of billing date.All such claims not submitted shall be considered waived. 14. In the event that Publisher's form"Application for Credit"has been completed and submitted by Advertiser in connection with this contract,Advertiser warrants that the information contained therein is true and correct,and agrees that the making of any false statements therein constitutes a material breach of this agreement. 15. Any Application for Credit executed by Advertiser is hereby made a part of this Contract and incorporated herein fully by reference. 16. The Advertiser,and the person signing in Advertiser's behalf if any,warrants they have the authority to make and sign this agreement. 17. The Advertiser agrees to assume liability for and make payment for all advertising published pursuant hereto in the event the Advertiser's business is sold, merged or otherwise transferred,until such time as a contract is entered into between Publisher and the new owner. 18. Space contracts and frequency contracts are automatically renewed for successive periods of one(I)year rates in effect at time of renewal.Either party may decline such renewal by written notice to the other thirty days prior to the expiration date of the current contract.One-time frequency contracts will not be renewed automatically.