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activity, gala, or similar event provided by a County department in <br /> connection with the operations of a department. <br /> I. "Sponsor" means a person that enters into a sponsorship agreement <br /> with the County. <br /> J. "Sponsorship" means a mutually beneficial arrangement between the <br /> County and a person, wherein the person provides a financial <br /> contribution to the County in return for sponsor recognition on or in <br /> connection with one or more County assets, for a specified period of <br /> time. <br /> K. "Sponsorship agreement" means a written agreement executed <br /> between the County and sponsor governing a sponsorship, on terms <br /> and conditions acceptable to the County and the sponsor. A <br /> sponsorship agreement may include provisions that allow for the <br /> recognition of the sponsor. <br /> L. "Sponsorship recognition" means a tangible acknowledgment and <br /> expression of gratitude issued as part of the sponsorship agreement. <br /> M. "Council" means the Hawaii County Council. <br /> N. "Department" means the Department of Parks and Recreation of the <br /> County of Hawaii. <br /> 0. "Director" means the Director of the Department of Parks and <br /> Recreation, County of Hawaii. <br /> Section 3 Commercial Sponsorships. <br /> A. In accordance with the provisions of this article, executive agencies of <br /> the County may accept contributions valued in an amount no less <br /> than $20,000, from sponsors in exchange for sponsor recognition. <br /> This article and sponsorship agreements entered into pursuant to this <br /> article, shall be implemented and executed in accordance with all <br /> applicable laws, including chapter 89, Hawai'i Revised Statutes. <br /> 2 <br />