The Bears Permit Operating Agreement is a contract between the Chicago Park District (CPD) and the Chicago Bears Football Club, Inc. for the use of Soldier Field. The contract outlines the terms and conditions of the agreement, including the use of the facility, parking, and signage. The contract also establishes the rights and obligations of both parties, including the payment of fees and the provision of services. The agreement is for a term of 32 years, with the option to renew. The contract value is not explicitly stated, but it can be estimated based on the fees and payments outlined in the agreement.
Key points of the contract include:
* The CPD grants the Club the right to use Soldier Field for NFL games and other events
* The Club is responsible for paying fees, including a facility fee and a parking allotment fee
* The CPD is responsible for providing services, including maintenance and security
* The contract outlines the terms and conditions for signage and advertising at the facility
* The contract establishes the rights and obligations of both parties, including the payment of fees and the provision of services