From the Niagara Falls Review:
Ten months after registering the Fallsview trademark, Crystal Beach entrepreneur Steven Alek has inked a deal to place the name in the public domain.
The Review has learned Alek and the Fallsview Business Improvement Area signed off on an agreement July 3, which will see the BIA take over ownership of the trademark “for $1 and other good and valuable consideration paid by the (Fallsview BIA) to (Alek).”
“Everything worked out to be very amicable for everyone involved,” Alek said, adding he is “ecstatic” at the arrangements.