Summary:
The Use Agreement is made between the City of Orlando and the Orlando Sports Foundation, Inc., (A Florida not-for-profit Corporation). The Foundation’s purpose is to raise money for breast cancer research through the proceeds from the Cure Bowl.
The term of this Agreement shall be for five (5) bowl games played on Game Day during a period commencing on December 19, 2015 and terminating on December 21, 2019, with the option to extend the agreement for up to two one year extensions.
The Foundation agrees to pay to the City a Game Day Use Fee for use of the Orlando Citrus Bowl. The Game Day Use Fee for 2015, 2016 and 2017 shall be $25,000 per event, plus expenses. For years 2018 and 2019, the Game Day Use Fee per event is the greater of $25,000, versus $1.75 times the recorded scanned attendance count of those attending the game. |