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HomeMy WebLinkAbout1998-160P �M1nMhN\IALWurDtt mwl�Ord�NIxNSNAdliuswHinMW Bo�iA Oo, ORDINANCE NO qP-/& Q AN ORDINANCE APPROVING THE ASSIGNMENT OF THE AGREEMENT BETWEEN THE CITY OF DENTON AND THE FRIENDS OF DENTON COUNTY HISTORY, INC (97- 98), PROVIDING FOR THE PAYMENT AND USE OF HOTEL TAX REVENUES TO THE HISTORICAL SOCIETY OF DENTON COUNTY, INC, SUBJECT TO THE APPROVAL OF REVISIONS TO THE ORIGINAL BUDGET APPROVED BY RESOLUTION NO 98-013, AND PROVIDING AN EFFECTIVE DATE WHEREAS, Friends of Denton County History, Inc (Friends) contracted with the City of Denton pursuant to Ordinance No 97-250 to use $5,000 of Hotel Tax Revenues during the 1997- 98 budget year to promote three projects a) Vd Annual Denton County Intertribal Pow Wow, b) a concert of indigenous music of the Americas, and c) a concert of the indigenous music of Africa, and WHEREAS, Friends desires to assign its revenues and responsibilities under this contract to a 501(c)(3) non-profit corporation known as Historical Society of Denton County, Inc (Society), which has membership and purposes similar to the Friends, to avoid unnecessary payment of corporation processing and legal fees, and WHEREAS, in consideration of the City Council approving this assignment, Society agrees to provide a more definitive budget for City Council approval regarding the expenditure of funds for the aforementioned three projects prior to expending the hotel tax revenues, NOW, THEREFORE, THE COUNCIL OF THE CITY DENTON HEREBY ORDAINS SECTION I That the assignment of the contract between the City of Denton and the Friends of Denton County History, Inc (Friends) approved by Ordinance No 97-250 to the Historical Society of Denton County, Inc (Society) is hereby approved, subject to the approval by the City Council of revisions by the Society to the original budget for Friends approved pursuant to Resolution No 98-013 SECTION II That this ordinance shall become effective immediately upon its passage and approval PASSED AND APPROVED this the /E day of 41 1998 JAC LER, MAYOR a WvePNM\WLO l8-imd ATTEST JENNIFER WALTERS, CITY SECRETARY (��\u �a, Lt)a� AP OVED IS TO LEGAL FORM HERBERT L PROUTY, CITY ATTORNEY PAGE 2