FA - Naming Rights

1. PURPOSE AND PHILOSOPHY 

Due to the important public relations and high financial interests at stake when choosing or changing the name, mascot, or colors of any school, facility, or other District program, the Board of Education adopts this policy to establish the authority for making such decisions. 

2. BOARD AUTHORITY

2.1The Board of Education reserves the right and accepts the responsibility to approve the name, mascot, and official school colors of all new schools, facilities, and programs. Names, mascots, and colors must be approved by the Board of Education by a majority vote and may or may not be perpetual. Any changes to names, mascots, or colors must be approved by the Board. 

2.2The school principal, staff, students, and community council may provide suggestions for school names, mascots, and colors, but the final decision will be made by the Board of Education. 

3. NO SALE OF NAMING RIGHTS

3.1Because the sale of naming rights may convert a state or local bond into a private activity bond subject to taxable interest, naming rights may not be sold, assigned, divested, exchanged, or otherwise given to any individual or entity.