HomeMy WebLinkAbout1998-418ORDINANCE NO % f ' `11 9
AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE AN AGREEMENT
BETWEEN THE CITY OF DENTON AND THE DENTON CHAMBER OF COMMERCE
FOR THE PAYMENT AND USE OF HOTEL TAX REVENUE IN SUPPORT OF THE
CONVENTION & VISITOR'S BUREAU, AND PROVIDING AN EFFECTIVE DATE
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS
SECTION I That the Mayor is hereby authorized to execute an agreement between the
City of Denton and the Denton Chamber of Commerce (Convention & Visitor's Bureau) for the
payment and use of hotel tax revenue, under the terms and conditions contained in the
agreement, a copy of which is attached hereto and made a part hereof
SECTION II That this ordinance shall become effective immediately upon its passage
and approval
PASSED AND APPROVED this the 0 day of Oim9e�
Im
0
JA LLER, MAYOR
ATTEST;
JENNIFER WALTERS, CITY SECRETARY
IIN
APPROVED AS TO LEGAL FORM
HERBERT L PR_O_UTY-,Y
AGREEMENT BETWEEN THE CITY OF DENTON AND THE DENTON CHAMBER
OF COMMERCE (CONVENTION & VISITOR'S BUREAU) (CY1999-2001) PROVIDING
FOR THE PAYMENT AND USE OF HOTEL TAX REVENUE
THIS AGREEMENT made between the City of Denton, Texas, a municipal corporation
(the "CITY"), and the Denton Chamber of Commerce (Convention & Visitor's Bureau), a non-
profit corporation incorporated under the laws of the State of Texas (the "BUREAU")
WHEREAS, Tex Tax Code §351 002 authorizes the CITY to levy by ordinance a
municipal hotel occupancy tax ("hotel tax") not exceeding seven percent (7%) of the consideration
paid by a hotel occupant, and
WHEREAS, by ordinance, the CITY has provided for the assessment and collection of a
municipal hotel occupancy tax in the City of Denton of seven percent (70/6), and
WHEREAS, Tex Tax Code §351 101(a) authorizes the CITY to use revenue from its
municipal hotel occupancy tax to promote tourism and the convention and hotel industry by
advertising and conducting solicitations and promotional programs to attract tourists and convention
delegates or registrants to the municipality or its vicinity, and by the acquisition of sites for and the
construction, enlargement, repairing, operation, and maintenance of visitor information centers, and
the furnishing of facilities, personnel, and materials for the registration of convention delegates or
registrants, and
WHEREAS, the BUREAU is well equipped to perform those activities through its Denton
Convention and Visitor's Bureau, and
WHEREAS, Tex Tax Code §351 101(c) authorizes the CITY to delegate by contract with
the BUREAU, as an independent entity, the management and supervision of programs and activities
of the type described heremabove funded with revenue from the municipal hotel occupancy tax,
NOW, THEREFORE, in consideration of the performance of the mutual covenants and
promises contained herem, the CITY and the BUREAU agree and contract as follows
I. HOTEL TAX REVENUE PAYMENT
1.1 Consideration. For and in consideration of the activities to be performed by the BUREAU
under this Agreement, the CITY agrees to pay to the BUREAU a portion of the hotel tax revenue
collected by the CITY at the rates and in the manner specified herem (such payments by the CITY
to the BUREAU sometimes herem referred to as the "agreed payments" or "hotel tax funds")
1.2 ?amount of Payments.
(a) As used in this Agreement, the following terms shall have the following specific
meanings
(i) The term "hotel tax revenue" shall mean the gross monies collected and
received by the City as municipal hotel occupancy tax at the rate of seven percent (7%) of
the price paid for a room in a hotel, pursuant to Texas Tax Code 351 002 and City
Ordinance Hotel tax revenue will include penalty and interest related to the late
payments of the tax revenue by the taxpayer
(ii) The term "Collection period" will mean the collection period for the CITY's
fiscal year It will include hotel tax revenue due to the City for the relevant fiscal year and
collected through the 22nd day of the month following the close of the relevant fiscal year
(in) The term "base payment amount" shall mean a net amount of money equal
to the total hotel tax revenue collected by the CITY during any relevant period of time (i e ,
fiscal year or fiscal quarter), less (1) attorney and auditing costs incurred during such
relevant period of time for costs of collection or auditing of hotel taxpayers Attorney and
auditing costs include fees paid to attorneys or agents not in the regular employ of the CITY
for which attorneys or agents effect compliance or collection of the hotel tax from taxpayers,
and (2) court costs and other expenses incurred in litigation against or auditing of such
taxpayers
(iv) The term "contract quarter" shall refer to any quarter of the calendar year in
which this Agreement is in force Contract quarters will end on March 318i, June 30',
September 30 , and December 31" of each contract year
(b) In return for satisfactory performance of the activities set forth in this Agreement
and all attachments hereto, the CITY shall pay to BUREAU an amount of money in each
contract year equal to the lesser amount of Thirty -Three and Fifty -One One Hundredths percent
(33 51%) of the annual base payment amount or the fixed contract amount of Two Hundred
Seventy-eight Thousand Three Hundred Thirty-eight Dollars ($278,338) This amount will be
divided into quarterly payments equal to 25% of the annual fixed contract amount, unless the
CITY can show with reasonable certainty that the annual base payment amount will be less than
originally estimated for the fiscal year The fourth quarterly payment will represent 25% of the
fixed contract amount or the unpaid remainder of 33 51% of the base payment amount,
whichever is less Each quarterly payment is subject to receipt of unused funds from the prior
contract period and the receipt of the required quarterly reports Funding for calendar year 2000
and calendar year 2001 is dependent upon, and subject to, budget approval by the City Council for
those periods Upon, and subject to, budget approval, the budgeted annual payment for calendar
years 2000 and 2001 are subject to an annual escalation of not more than 4%
13 D04 of Payments.
(a) The term "quarterly payments" shall mean payments by the CITY to the BUREAU of
those amounts specified in ¶l 2, above, as deterrmned by the hotel tax revenue collected
(b) Each quarterly payment shall be paid upon receipt of the required reports and after the
25ih day ifollowing the last day of the contract quarter If quarterly financial and performance
reports 4e not received within thirty (30) days of the end of the applicable contract quarter, the
recipient I may be held in breach of this Agreement The CITY may withhold the quarterly
payment(s) until the appropriate reports are received and approved, which approval shall not
unreasonably be withheld
Page 2
14 Other limitations regarding consideration.
(a) The funding of this project in no way commits the CITY to future funding of this
program beyond the current contract period Any future funding is solely the responsibility of the
BUREAU
(b) It is expressly understood that this contract in no way obligates the General Fund or any
other monies or credits of the CITY Further, BUREAU understands that funding for the CY2000
and CY 2001 years is expressly contingent upon the availability and allocation of budgeted hotel tax
funds during CITY's FY1999-2000 and FY2000-2001 budget years, respectively
(c) CITY may withhold further allocations if CITY determines that BUREAU's
expenditures deviate materially from their approved budget
II. USE OF HOTEL TAX REVENUE
21 Use of Funds. For and in consideration of the payment by the CITY to the BUREAU of the
agreed payments of hotel tax funds specified above, the BUREAU agrees to use such hotel tax
funds only for advertising and conducting solicitations and promotional programs to attract tourists
and convention delegates or registrants to the municipality or its vicinity, by the acquisition of sites
for and the construction, enlargement, repairing, operation, and maintenance of visitor information
centers, and the furnishing of facilities, personnel, and materials for the registration of convention
delegates or registrants, as authorized by TEX TAX CODE §351 101(a) Funds for any calendar year
which are unused by midnight December 30 of that year shall be refunded to CITY within thirty
(30) days
2.2 Administrative Costs The hotel tax funds received from the CITY by the BUREAU may be
spent for day-to-day operations, supplies, salaries, office rental, travel expenses, and other
administrative costs that are incurred directly in the performance by the BUREAU of those
activities specified in ¶2 1 above and are allowed by TEX TAX CODE §351 101(f)
2.3 Specific Restrictions on Use of Funds.
(a) That portion of total administrative costs of the BUREAU for which hotel tax funds
may be used shall not exceed that portion of the BUREAU's administrative costs actually incurred
in conducting the activities specified in 12 1 above
(b) Hotel tax funds may not be spent for travel for a person to attend an event or conduct
an activity the primary purpose of which is not directly related to the promotion of local tounsm and
the convention and hotel industry or the performance of the person's job in an efficient and
professional manner
Page 3
III. RECORDKEEPING AND REPORTING REQUIREMENTS
3.1 Budget.
(a) The BUREAU shall prepare and submit to the City Manager of the CITY an annual
budget (see Exhibit "A") as approved by the City Council for each calendar year, for such
operations of the BUREAU in which the hotel tax funds shall be used by the BUREAU This
budget shall specifically identify proposed expenditures of hotel tax funds by the BUREAU In
other words, the CITY should be able to audit specifically where the funds in the separate account
relating to hotel tax funds will be expended The CITY shall not pay to the BUREAU any hotel tax
revenues as set forth in Section I of this contract during any fiscal year of this Agreement unless a
budget for such respective fiscal year has been approved in writing by the Denton City Council
authorizing the expenditure of funds Failure to submit an annual budget may be considered a
breach of contract, and if not remedied is considered grounds for termination of this Agreement as
stated in paragraph 4 2
(b) The BUREAU acknowledges that the approval of such budget by the Denton City
Council creates a fiduciary duty in the BUREAU with respect to the hotel tax funds paid by the
CITY to the BUREAU under this Agreement The BUREAU shall expend hotel tax fiends only in
the manner and for the purposes specified in this Agreement, TEx TAx CODE §351 101(a) and in
the budget as approved by the CITY
3.2 Separate Accounts The BUREAU shall maintain any hotel tax funds paid to the
BUREAU by the CITY in a separate bank account with segregated accounting, such that any
reasonable person can review the source of expenditures of tax funds A bank reconciliation report
(see Exhibit "B") is required with each quarterly report
3.3 Financial Records. The BUREAU shall maintain complete and accurate financial
records of each expenditure of the hotel tax funds made by the BUREAU These funds are required
to be classified as restricted funds for audited financial purposes, and may not be used for
supporting services, including, but not limited to, auditing fees and attorney's fees Upon
reasonably advance written request of the Denton City Council, the City Manager or designate, or
any other person, shall make such financial records available for inspection and review by the party
making the request BUREAU understands and accepts that all such financial records, and any
other records relating to this Agreement shall be subject to the Public Information Act, TEx Gov'T
CODE, cN 552, as hereafter amended
3.4 Quarterly Reports. Within thirty days after the end of every contract quarter, BUREAU
shall furnish to CITY (1) a performance report of the work performed under this Agreement
describing the activities performed pursuant to this Agreement during that contract quarter, and (2) a
list of the expenditures made with regard to hotel tax funds pursuant to TEx TAx CODE
§351 101(c) Both the performance and expenditure reports will be in a form either determined or
approved by the City Manager or designate (see Exhibit `B") The BUREAU shall respond
promptly to any request from the City Manager of the CITY, or designate, for additional
information relating to the activities performed under this Agreement
Page 4
35 Notice of Meetings. The BUREAU shall give the City Manager of the CITY reasonable
advance written notice of the time and place of all meetings of BUREAU's Board of Directors, as
well as any other meeting of any constituency of the BUREAU at which this Agreement or any
matter the subject of this Agreement shall be considered Tlus provision shall not be deemed to
require the BUREAU to give notice of any executive session of the Executive Committee of the
BUREAU
IV. TERM AND TERMINATION
4.1 Term. The term of this Agreement shall commence on January 1, 1999 and terminate at
midnight on December 31, 2001 This term shall be a period of three years
42 Termination Without Cause.
(a) This Agreement may be terminated by either party, with or without cause, by giving
the other party sixty (60) days advance written notice
(b) In the event this contract is terminated by either party pursuant to Section 4 2(a),
the CITY agrees to reimburse the BUREAU for any contractual obligations of the BUREAU
undertaken by the BUREAU in satisfactory performance of those activities specified in ¶12 1
and 2 2 above and that were approved by the Council through the budget, as noted in 13 1 This
reimbursement is conditioned upon such contractual obligations having been incurred and
entered into in the good faith performance of those services contemplated in ¶¶2 1 and 2 2 above,
and further conditioned upon such contractual obligations having a term not exceeding the full
term of this Agreement Notwithstanding any provision hereof to the contrary, the obligation of
the CITY to reimburse the BUREAU or to assume the performance of any contractual
obligations of the BUREAU for or under any contract entered into by the BUREAU as
contemplated herein shall not exceed 66 2/3% of the current quarterly payment
(c) Further, upon termination pursuant to ¶4 2(a), the BUREAU will provide the
CITY 1) Within 10 business days from the termination notification, a short-term budget of
probable expenditures for the remaining 60 day period between termination notification and
contract termination This budget will be presented to Council for approval within 10 business
days after receipt by CITY If formal approval is not given within 10 business days and the
budget does not contain any expenditures that would be prohibited by the Texas Tax Code, and
is within the current contractual period approved budget, the budget will be considered
approved; 2) Within 30 days, a full accounting of all expenditures not previously audited by the
City, 3) Within 5 business days of a request from the CITY, a listing of expenditures that have
occurred since the last required reporting period, 4) a final accounting of all expenditures and tax
funds on the day of termination The BUREAU will be obligated to return any unused funds or
funds determined to be used improperly Any use of remaining funds by the BUREAU after
notification of termination is conditioned upon such contractual obligations having been incurred
and entered into in the good faith performance of those services contemplated in 2 1 and 2 2
above, and further conditioned upon such contractual obligations having a term not exceeding
the full term of this Agreement
Page 5
4.3 Automatic Termination This Agreement shall automatically terminate upon the
occurrence of any of the following events
(a) The termination of the legal existence of the BUREAU,
(b) The insolvency of the BUREAU, the filing of a petition in bankruptcy, either voluntarily
or involuntarily, or an assignment by the BUREAU for the benefit of creditors,
(c) The continuation of a breach of any of the terms or conditions of this Agreement by
either the CITY or the BUREAU for more than thirty (30) days after written notice of such
breach is given to the breaching party by the other party, or
(d) The failure of the BUREAU to submit a financial quarterly report which complies with
the reporting procedures required herein and generally accepted accounting principles prior
to the beginning of the next contract term, or quarterly as required by Section 13 hereof
44 Right to Immediate Termination Upon Litigation Notwithstanding any other provision
of this Agreement, to mitigate damages and to preserve evidence and issues for judicial
determination, either party shall have the right to terminate this Agreement upon immediate
notice to the other party in the event that any person has instituted litigation concerning the
activities of the non -terminating party, and the terminating party reasonably believes that
such activities are required or prohibited under this Agreement
45 In the event that this Agreement is terminated pursuant to 114 3 or 4 4, BUREAU agrees to
refund any and all unused funds, or funds determined by the CITY to have been used improperly,
within 30 days after termination of this Agreement
V. GENERAL PROVISIONS
5.1 Subcontract for Performance of Services. Nothing in this Agreement shall prohibit, nor
be construed to prohibit, the agreement by the BUREAU with another private entity, person, or
organization for the performance of those services described in ¶2 1 above In the event that the
BUREAU enters into any arrangement, contractual or otherwise, with such other entity, person or
organization, the BUREAU shall cause such other entity, person, or organization to adhere to,
conform to, and be subject to all provisions, terms, and conditions of this Agreement and to TEx
TAX CODE ch 351, including reporting requirements, separate funds maintenance, and limitations
and prohibitions pertaining to expenditure of the agreed payments and hotel tax funds
5.2 Independent Contractor. The BUREAU shall operate as an independent contractor as to
all services to be performed under this Agreement and not as an officer, agent, servant, or employee
of the CITY The BUREAU shall have exclusive control of its operations and performance of
services hereunder, and such persons, entities, or organizations performing the same and the
BUREAU shall be solely responsible for the acts and omissions of its directors, officers, employees,
agents, and subcontractors The BUREAU shall not be considered a partner or joint venturer with
the CITY, nor shall the BUREAU be considered nor in any manner hold itself out as an agent or
official representative of the CITY
Page 6
5.3 Indemnification. The BUREAU agrees to indemnify, hold harmless, and defend the CITY,
its officers, agents, and employees from and against any and all claims or suits for injuries, damage,
loss, or liability of whatever kind or character, arising out of or in connection with the performance
by the BUREAU or those services contemplated by this Agreement, including all such claims or
causes of action based upon common, constitutional or statutory law, or based, in whole or in part,
upon allegations of negligent or intentional acts of BUREAU, its officers, employees, agents,
subcontractors, licensees and invitees
54 Assignment. The BUREAU shall not assign this Agreement without first obtaining the
written consent of the CITY
5.5 Notice. Any notice required to be given under this Agreement or any statute, ordinance, or
regulation, shall be effective when given in writing and deposited in the United States mail, certified
mail, return receipt requested, or by hand -delivery, addressed to the respective parties as follows
CITY BUREAU
City of Denton
Denton Chamber of Commerce
215 E McKinney
Denton Convention & Visitor's Bureau
Denton, TX 76201
Christine Gossett
Vice President
P O Box Drawer P
Denton, Texas 76202-1719
56 Inurement. This Agreement and each provision hereof, and each and every right, duty,
obligation, and liability set forth herein shall be binding upon and inure to the benefit and obligation
of the CITY and the BUREAU and their respective successors and assigns
5.7 Application of Laws. All terms, conditions, and provisions of this Agreement are subject
to all applicable federal laws, state laws, the Charter of the City of Denton, all ordinances passed
pursuant thereto, and all judicial determinations relative thereto
58 Exclusive Agreement. This Agreement contains the entire understanding and constitutes
the entire agreement between the parties hereto concerning the subject matter contained herein
There are no representations, agreements, arrangements, or understandings, oral or written, express
or implied, between or among the parties hereto, relating to the subject matter of this Agreement,
which are not fully expressed herein The terms and conditions of this Agreement shall prevail
notwithstanding any variance in this Agreement from the terms and conditions of any other
document relating to this transaction or these transactions
5.9 Duplicate Originals. This Agreement is executed in duplicate originals
5.10 Headings The headings and subheadings of the various sections and paragraphs of this
Agreement are inserted merely for the purpose of convenience and do not express or imply any
limitation, definition, or extension of the specific terms of the section and paragraph so designated
Page 7
5.11 Severabdity. If any section, subsection, paragraph, sentence, clause, phrase or word in this
Agreement, or application thereof to any person or circumstance is held invalid by any court of
competenblunsdiction, such holding shall not affect the validity of the remaining portions of this
Agreement, and the parties hereby declare they would have enacted such remaining portions despite
any such invalidity
512 Insurance. The BUREAU shall, at a minimum, provide insurance as follows
$500,000 Commercial General Liability
Statutory Workers' Compensation
($ 100,0001$500,0001$ 100,000)
$500,000 Business Automobile Liability
vehicles
and Employers' Liability
on any owned, non -owned or hired
The CITY must be named as an additional insured on all policies (except Workers' Compensation)
and proof of coverage shall be submitted prior to any payment by the CITY
i
EXECUTED this
ATTEST
= W9 I � `1
X.
3
ATTEST
By
Secretary
F lehwadWLLGUOm Domma%WC acbWOOT Comma W"d
THE CITY OF DENTON, TEXAS
By .:.ice__ .
JACK r. MAYOR
APPROVED AS TO LEGAL F
HERBERT L PROUT ,
CITY ATTORNEY
DENTON CRAM R OF COMME]
By
President
APPROVED AS TO LEGAL FORM
By
Page 8
Sent by CVB 940 382 8287, 11/25198 12 53PM,JetF'ez #828,Pege 2/4
-
Internal
Denton Convention & Visitor
January use mb_er logo
t La et
IN 6ME
Bun
dp�
1®87
200 __
202 _
203
Income tlty of Denton — - --
Renovalt on Rise vel_C_p S Now Aca
Interest income
5
15
1
-
TotalInco_me_ _
- 3fl
T
301-30I
-
DISBURSEMENTS
Total SaFanes
71
3 1
Itor;
Salary _Tern olsy 6taff
QelAm - rmuntlnn
1
4
Total>`;aTaries
�
$10 -�
_ _
Rebbrrement-director
_
2,001
311^
_
Car Allowwsnce
_
41200
s15
Paaroll Taxes
91250
_ _ _ _
320 Health Insurance
5,800
i-Dec'991 -
27A39-
1,000
270,338
781158
1 000
332
rr--.-..... _
Warehouse storage
_ _ -
540
___
d50
333
FUmltura/8u bes New 6MOO
-- 15,000
-
6
401
Office Supplies
3,842
7U60
406
Telephone Sarvicelroll Free Line
-
7,000
7,b00
_
467
-- Telephone Meim Service
—
1,200
1,200
_
420
- Prfnting_ ---
722
-3,b60�
1,000
425
-Postage
a�Administration
-- -
4,885
--
_ 46,7g7
C 17VE�7'ff6Fl - --
—
---
502
Solicitation/Travel
11500
70_0
663
Convention Service
0
- 6
__
504
Convention Advertising
0
0-
_
505
_- "Convention Promotion Events
66.0
500
508
_
Convention Trede ghows _ —
_
—_ 0
0
508
_
'M®mbership/9ubscrl tlons/MsetinOs
TACVS -- Membership
_ 1_829
_1.828
TACVS -- bonference
TACVS -- Education Seminars
_-
-
HMA- Marnberehlp
Total Convention
9,02E
-
I
512 Print AdverlisfFj 11,201
54,957.1
T7t=WAtC 4ui � saoo due oci'BB
5,525
- --r-
— -- _
- _ _-
Page 1
Sent by CVB 940 382 6287, 11/25/98 12 50M,Jetrax 028,Page 3/4
JRSMENTS97-98 Jan-pec'99_
mit�T� Fail Travel Planner
ij@h tmg trsv_el Phnne _ 5-
)nth y Ad ,79
em LTving_ 1 �f2$ - -- _
em Living Travel Directory 9,166
TTIA $ee Texas First FaT 2,650,
TTTA $®® texas First Spring TOO;
Brochure ads In TTIA FaIII n ' ITO
_
TX Parks $ Wildlife 4
_
_ _
HomeTXioayOkdahoma T4T6
bally Oklahoman_ SPmB_TrvTpla
Dilly Oklahoman Fall Trvl Man
- CooparativaA- p-Fortunnlflea 4,500
99 rate inolrs ne pawmisc exp 4,500
— — Ad Design Fees
_
51A Tourism Advartising_m 87-. 8 I
16,200
b
Tourism PromPtlonal M4tarral 9
13,00a_
-- Visltoi Guides
- -- Vleftar Guide Contract Services+
- --
__
Conhacl Tees for other CVSRu
_
VlsBor Video Goples _
- Speciallttyy hems
Photacsdes __
616 Marquee Billboard
_
21,®Ot1
26,200
136E - scuhh oTLSenWn
_
Rental
Changeouto
616_ Brochures (Reprints tor'99 sup.71
_
20,020
7,600
_
Total Advertising
_
97is0!
_
517 TiaveT3hows r
T;866
4,200
WIA Travel Show - Cor uP s�-hnsti
ban 101pert World Travel Marks ce
DKCity - Kincaid Travel Show
'McAllen Int'1 Trade Show
Fall Home Show DFWATG
_ _ _
Aerospace America Show DFW C) - --
b18 _ Members!1I ubsc_nphon iTdnga 1550 1_560
TTIA - Mambetsh
TTIA - Travel
DFWATC -- N--a Fip
519 Tourism Services 30,191 26,800
CoSPYUlkTralnin
Advisory 8oard7etings Suppllee
ourism
_ Weak — -
Cusiomaatom FAM Tours
W WATC FAM�rs
Anderson fdsbr i�ufiholly
— -- Total Tourism _ 22,550
Page 2
Sent by CVB 840 382 6287, 11/25/98 12 54PM,JgL&JLk828,Page 4/4
an-
521
DFW Reg o al Film Commisslon
4,00_0
410_0 _
_
_
Investment r 2000 due in Dec 81d�
epon Lon_ Star FIIm&TlAwards
623_ _
Travel ang photo$
Special Projects
31,00
3, 0 _
Intern —
--
-_ --_-
special promo 2p
ATotal Project
Total Disbursements,
303,928
_
6,b00
2T0,338
It;VgSge�budc02
As
Page 3
DENTON CONVENTION & VISITOR BUREAU
FINANCIAL REPORT
Program Year 1999
QUARTER QUARTER QUARTER QUARTER YEAR TO VS
/Jan -Mar) /der -Jun) (Jul-Sen) (Oct -Dec) DATE ACTUAL
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$278,338
0
0
0
0
0
1,000
$0
$0
$0
$0
$0
$7,000
0
0
0
0
0
1,200
0
0
0
0
0
1,000
0
0
0
0
0
4,695
0
0
0
0
0
700
0
0
0
0
0
500
0
0
0
0
0
54,957
0
0
0
0
0
9,650
0
0
0
0
25,200
0
0
0
0
0
7,500
0
0
0
0
0
4,200
0
0
0
0
0
26,800
0
0
0
0
0
4,100
0
0
0
0
0
5,400
$0 $0 $0 $0 $0 $4,000
0 0 0 0 0 0
$0
$0
$0
$0
$0
$78,056
0
0
0
0
0
1,000
0
0
0
0
0
4,008
0
0
0
0
0
2,001
0
0
0
0
0
8,500
0
0
0
0
0
10,245
0
0
0
0
0
500
DENTON CONVENTION & VISITOR BUREAU
FINANCIAL REPORT
Program Year1999
QUARTER QUARTER QUARTER QUARTER YEAR TO VS
LlAn.Marl (Anr-Jun) (Jul-Sen) (Oct -Dec) DATE ACTUAL
0 0
0
0
0
450
0 0
0
0
0
1,100
0 0
0
0
0
1,550
0 0
0
0
0
2,500
0 0
0
0
0
500
0 0
0
0
0
1,826
0 0
0
0
0
3,500
$0 $0 $0 $0 $0 $4,200
0 0 0 0 0 2,500
$0 $0 $0 $0 $0 $279,338
$0
Date Submitted Program Director
DENTON CONVENTION & VIRI 1 OI-1 HU141 AU
FINANCIAL Rl P01-ti
Program Year1999
1€fT 2N D 3RU 4 r1•I FfU au i
QUARTER QUARIER QUARIER QUARIFR YYAR1O N5
(Jan -Nor) (Apr Jun) (Jul -Sep) (Oct-i3ec) 11A 1 E AG I UA'_
UeWtnndng Cash
$0
$0
$0
$0
$0
$0
Recellrts
Doaparuicy I,tx
1b218 iW
$0
$0
$0
$0
$0
$278,338
Infio-WtmlllxxmOv
1,000
0
0
0
0
0
1,000
I alal Itum-o$YL,
V79 3 Wi
$0
$0
$0
$0
$0
$279.338
Disbursements
hlyullplkyj
SitVh' S
IFtkgo"lu
$/O(W)
$0
$0
$0
$0
$0
$7,000
Plmo M1411t
1 AX)
0
0
0
0
0
1,200
F'lfiituWl
1,O00
0
0
0
0
0
1,000
Omt %Jo
4,O9b
0
0
0
0
0
4,695
Fr vol
700
0
0
0
0
0
700
F'runKt I want,
r")
0
0
0
0
0
500
Prin1 Aflwrrdistng
64 9>1
0
0
0
0
0
54,957
l otfi*wn
Pnniut Midw0l
90,10
0
0
0
0
0
9,650
Mnnryuu, Whin
29 2011)
0
0
0
0
25,200
Nlx,lotnx,
('rCW1
0
0
0
0
0
7,500
1 rrwol SQuw^
4 l00
0
0
0
0
0
4,200
S {trhpas
21),800
0
0
0
0
0
26,800
DPW Hlan Gcxnn
4 100
0
0
0
0
0
4,100
Sltachrl FY"(ct
400
0
0
0
0
0
5,400
$0
$0
$0
$0
$0
$152,902
1 utal Mvnrdluuul $1 `,1,tW12
bultthujo
'34uwAp
VbA)l hrha Gtr
$4,CW?0
$0
$0
$0
$0
$0
$4,000
ViGK)r 1111Tt Ctr
0
0
0
0
0
0
0
Fatwd FWtkl,hujr
$4,000
$0
$0
$0
$0
$0
$4,060
Alrr111 iMi dluu
&Jkun,44
1 t6A
$78 05()
$0
$0
$0
$0
$0
$78,056
ll)ll l
1 (M)0
0
0
0
0
0
1,000
AaxtnlnWig
4 (W}8
0
0
0
0
0
4,008
h3rtnr7�nre
FdttYurux(11u
I(}U1
0
0
0
0
0
2,001
PN I �Lwm
8 500
0
0
0
0
0
8,500
Fh)tatdli Inj
10 24',
0
0
0
0
0
10,245
1 j1hllly hu,
WO
0
0
0
0
0
500
DENfON CONVENTION A VI81I01-11WRI AU
FINANCIAL t 0,014 i
Program Yourlggg
15T Mil 31�iD—�iTl ISU�Gr_I
QUARTER QUAf111-14 QUAR I ER QUAR i Ell di- AR 10 WS
(Jan -Mgr) (Apr -.Jun) (Ju!-Sep) (Oct -Dec) DA I E AMJAL
JfAL
Stxvkr n.w
trVM (*lr)i rnri
Audk
MbrrhPW[Jvwx4*tihr,
450
111NI
1 fafi()
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
450
1,100
1,550
k qwipnWfft-
Goirgwtur
C I}Thx
l h(x)
100
0
0
0
0
0
0
0
0
0
0
2,500
500
faurvcv6xl
I hnal4v%WwMtcls
OfRLXI Suppl,k";
I(ItHiI"nb
I V6
1,�"i
15Tit)
0
0
0
0
0
0
0
0
0
0
1,826
3,500
$0 $0 $0 $0 $0
$115,736
Irt
(.ai A (y mwwv
1 rtivnl & l rwi1iiMl
1 otai I rAvol
$4 Aw
_ 2,'AXJ
$o foo
$0
0
$0
0
$0
0
$0
0
$0
0
$4,200
2,500
$0 $0 $0 $0 $0
$6,700
I (I I tiatn
$0
$0
$0
$0
$0
$279,338
Ex0elss or
RemiptsJDlsbursemonts
$0
$0
_ $0
_$0 _
$0
$0
Endtng Cash
$0
$0
$0
$0
$0
$0
REU G LATioN
- --
-----^-
---
Gash on Eland
$0
$0
$0
$0
$0
$0
Laws outstanding Cheeks
Other Adjustments
Bank Be lance
0
0
0
0
0
$0
0
0
i $0
0
0
$0
0
0
$0
0
0
$0
Wi�rk�lw (r&a�0) I $0 $0 $0 $0 _ $0 $0
Date Submitted J Program Director