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Soft <br />CITY OF NORTH OLMSTED <br />ORDINANCE NO. 99 - 152 <br />BY: MAYOR NORMAN T. MUSIAL <br />;. ?. <br />? <br />AN ORDINANCE DESIGNATING A DISTRIBUTION OF REVENUES DERIVED FROM <br />THE AGREEMENT OF THE CITY OF NORTH OLMSTED AND THE CLEVELAND <br />COCA-COLA BOTTLING CO., INC. AND DECLARING AN EMERGENCY. <br />WHEREAS: The City has already, pursuant to Ordinance No. 99-151, entered into a <br />Advertising Exclusivity Agreement with the Cleveland Coca-Cola bottling Co., <br />Inc. <br />WHEREAS: it is the desire of this Council that the revenues generated by the agreement be <br />designated as follows: <br />A. From the initial lump sum amount of $52,000.00: <br />To the Department of Human Resources Community Fund Account, the sum of <br />$500.00. <br />To the Springvale Golf Course and Ballroom Account, the sum of $11,100.00. <br />To the Recreation Center Account, the sum of $40,400.00 <br />B. From the annual commissions received: <br />1. Recreation Center Account to receive any and all of the commissions <br />generated from the sales at the machines located at the Recreation Center. <br />2. Springvale Golf Course and Ballroom Account to receive any and all of the <br />commissions generated from the sales at the machines located at the <br />Springvale Golf Course and Ballroom. <br />3. Skate Park Account to receive any and all of the commissions generated <br />from the sales generated at the machines located at the Skate park. <br />4. Department of Human Resources Community Fund Account to receive <br />$4,000.00 per year from the commissions generated from the sales <br />generated at the machines located at all other city sites. <br />5. Recreation Center Account to receive the remainder of the commissions <br />generated from the sales generated at the machines located at all other city <br />sites. <br />C. From the annual additional payments received: <br />Recreation Center Account to receive annual additional payments, an <br />amount of Seven Thousand Dollars ($7,000.00) per year in the month of <br />January in years two (2) through ten (10). <br />NOW THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF NORTH <br />OLMSTED, COUNTY OF CUYAHOGA, AND STATE OF OHIO: