The town is now in Stage 3 of the province’s reopening framework. More town amenities, programs and services are becoming available. Provincial orders remain in effect and we must all follow public health guidelines.
The Corporation of the Town of Oakville (hereinafter referred to as the town) will consider the use of grants, sponsorships, naming rights and advertising (hereinafter referred to as sponsorships) revenue to offset the costs of programs, services, facilities and events. All sponsorships, shall be consistent with the town’s vision, mission and values and will not compromise or contradict any by-law or policy of the town, or reflect negatively on the town’s integrity or public image. All sponsorship agreements shall be established in a manner that promotes the town’s interest and results in the optimal balance of benefits to the town and the community.
The purpose of this policy is to:
A consistent and controlled approach to sponsorship arrangements protects the town’s corporate values, image, assets, and interests while increasing the opportunity for revenue generation.
This policy applies to all relationships between the town and businesses, organizations and individuals that contribute either financially or in-kind to events, programs, services or facilities in return for recognition, acknowledgement or other promotional considerations including:
This policy does not apply to public notices, which are covered under separate corporate policy.
Advertising: is the sale to an external company, organization, enterprise, association or individual of space at town facilities or events or on town printed materials.
Donation: a gift or contribution of cash, goods, or services given voluntarily toward an event, project, program, service or corporate asset and is eligible for a Charitable Tax Credit under the Income Tax Act.
Naming rights: a type of sponsorship in which a sponsor purchases the exclusive right to name an asset. The naming right is sold or exchanged for cash or other revenue support. This arrangement may be documented in an agreement signed by the interested parties for a specific period of time.
Sponsorship: is a mutually beneficial arrangement between the town and an external party (individual, company, vendor or organization) wherein a party contributes funds, goods or services to an event, project, program, service or corporate asset in return for recognition, or other promotional consideration.
Forms of Sponsorship:
Policy Number: A-GEN-001
Author: Strategy, Policy and Communications Department
Effective Date: 2008 May 5
Review by Date: 2023