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HomeMy WebLinkAboutADMIN 24-86 REPORT #3 TOWN OF NEWCASTLE REPORT File # rn =3 Res. # By-Law # (TING: REPORT TO THE COUNCIL MEETING OF MARCH 4 1986 DATE: MARCH 24 1986 REPOT #: ADMIN. 24 - 86 FILE #: SUBJECT: ADVERTISEMENT IN THE FINANCIAL POST RECOMMENDATIONS: It is respectfully recommended that CounciL 1 . ! Receive Administrator's report ADMIN. 24 - 86; 2. Authorize the expenditure of approximately $2200 for the purchase a one quarter pEige vertical advertisement in the Financial Post in conjunction with the Region of Durham tabloid; 3. Authorize staff to forward appropriate information for inclusion I in the Regional advertisement as requested in Mr. Patrick Olive's letter; 4. Advise the Region of Durham and the Financial Post of Council 's actions. BACKGROUND AND COMMENT: Recently the attached correspondence was received with respect to the possibility of advertising in the Financial Post. Staff are still working to develop an industrial development strategy prior to the end of May of this year. However, in discussing this matter with the Region of Durham Commissioner of j Economic Development, Mr. Patrick Olive, it was mutually agreed that this is Ian important effort on the part of the Region and that the Town should participate in conjunction with the Region. This advertising effort will be one of the major advertising opportunities at the National and international level for the Town in conjunction with the Region. As such, staff are bringing forward a report at this point in time so that ADMIN. 24 - 86 -2- sufficient lead time will be provided to prepare an appropriate advertisement for the May 17th 1986 edition of the Financial Post. It should be noted that staff in preparing a strategy are looking for ways and means of improving communications and co-operation between the Region of Durham Economic Development Department and the Town in promoting the benefits of industrial development throughout the Town. Participatinc in a joint advertising effort of this nature would be consistent with the co-operative approach to industrial development. In addition to the Town's direct advertisement the Town of Newcastle will be incorporated into the advertisements of the Region. Respectfully submitted, David S. ohnston, M.C.I .P. , Chief Administrative Officer att. i DURHAM The Regional Municipality of Durham Economic Development Department Box 623 Dear Sir/madam: 605 Rossland Rd.East Whitby,Ontario Canada,LiN6A3 As a major thrust In promoting Durham Region as a place t0 Whitby (416)668-8000 work live and Toronto (416)869-3763 play, the Economic Development Department has decided to join with The Financial Post in preparing a tabloid Patrick W.Olive,M.A.,M.B.A. on the Region . This insert is scheduled to appear in the May Commissioner 17 , 1980 edition of The Financial Post. 1 Since The Financial Post is read by in excess of 450 ,000 readers , mainly from middle and upper management, the importance of this issue from an advertising standpoint cannot be overstated . We are asking you and your company to join with us in promoting Durham Region as the place to be in the future. Your advertising support will be vital to the success of this project . An Account Executive from The Financial Post will be contacting you in the near future . I would ask that you give full consideration to the benefits afforded your company by your advertising participation . If you would like to suggest ideas for inclusion in the editorial content of this tabloid , please feel free to contact me . Thank you for your anticipated support in this important event . Yours truly Patrick W. Olive Commissioner of Economic Development PWO: sr Financial Dost Varle;It I It)nir°r I;uil(lutg, 7 7 liar SIrccI, I'm mill),(;ana�i.l A15\C' I.A I, IIiltnnr � 11�; 596- DISCOVER DURHAM! The Durham region is a great place in which to invest, and a wonderful place to work, to live and to enjoy. And The Financial Post' s 180 , 000 influential subscribers, almost half a million readers , will DISCOVER DURHAM in our May 17th issue as we will be featuring a tabloid supplement on the region. Editorial content will be supplied by Mr. Olive ' s department -- it will reinforce to our readers the advantages the region has to offer for business, industry and investment. Show your pride in the area by advertising your product or service within this tailor-made editorial environment. You will benefit by reaching your best business prospects , the readers of The Financial Post. A rate card is enclosed showing samples of some of our unit sizes . Advertising space is available to fit all budgets ranging from a black and white business card size ad at $425 right up to a full page , four colour at $11, 392 . Don 't miss this unique opportunity to promote growth for your business , and for your region. Advertising closes April 18 . I look forward to discussing your participation in this project. Sincere regards , Elly Brisbois Account Manager 596-5642 Maclean Hunter L united I'HE HNA',( I:V i S l !, I SPONSORED TABLOIDS Printed offset on newsprint stock Transient Advertisers Rates UNITS WIDTH x DEPTH TOTAL LINES RATE 1 page 10-1/4"wide x 13-13/16"deep 1170 lines $8,892 1/2 page vertical 5-1/16"wide x 13-13/16"deep 585 lines 4,446 1/2 page horizontal 10-1/4"wide x 6-3/4"deep 570 lines 4,332 1/4 page vertical 5-1/16"wide x 6-3/4"deep 282 lines 2,143 1/4 page horizontal 10-1/4"wide x 3-5/16"deep 270 lines 2,052 Island 1/2 page 7"x 10"(exclusive) 560 lines 4,894 Island 1/2 page 7"x 10"(non-exclusive) 560 lines 4,256 For sizes other than above units LINE RATE (14 lines per column inch) $7.60 per agate line. COLOR Black and one color $1,500 Black and two color 2,000 Black and three color 2,500 Rates subject to change without notice. For contract rates, terms and conditions refer to The Financia!Post rate card#42. FF Mechanical Requirements Type page size: 10-1/4"wide x 13-13/16"deep. MATERIAL Tabloid format:6 columns per page, 195 lines per column. Black and white,2 color(in order of preference):repro,negative, artwork. COLUMN WIDTHS 3 and 4 color:2 sets color separated negatives(with progs, I column 1-5/8" 4 columns 6-3/4" cromalins or color keys). 2 columns 3-5/16" 5 columns 8.1 2„ please note that cancellations cannot be accepted after the closing / date. 3 columns 5-1/16" 6 columns 10-1/4" Black and white:85 line screen 2-color:85 line screen 4-color: 100 line screen,overall density not to exceed 260%. I To reserve space for your advertisement,or for more information, contact your Financial Post account manager,or call; 7I e Financial Post Maclean Hunter Building, 777 Bay Street,Toronto,Canada M5 W 1 A7 (416) 596-5642 • Telex 06-219547 Powed Effective August 1, 1985