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HomeMy WebLinkAbout24-1658ORDINANCE NO. 24- 1658 AN ORDINANCE OF THE CITY OF DENTON AUTHORIZING THE CITY MANAGER TO EXECUTE A RENEWAL AMENDMENT TO THE AGREEMENT BETWEEN THE CITY OF DENTON AND THE DENTON BLACK FILM FESTIVAL INSTITUTE, INC., FOR THE PAYMENT AND USE OF HOTEL TAX REVENUE IN SUPPORT OF THE QUAKERTOWN PARK DOCUSERIES; AND PROVIDING AN EFFECTIVE DATE. 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 WHEREAS, TEX. TAX CODE §351.101 (c) authorizes the CITY to contract with independent entities, for programs and activities of the type funded with revenue from the municipal hotel occupancy tax; and WHEREAS, the City Of Denton And The Denton Black Film Festival Institute, Inc., entered an agreement executed on May 2, 2023 and expiring on May 31, 2024 (Agreement), for the payment and use of hotel tax revenue in support of the Quakertown Park Docuseries; and WHEREAS, the City Of Denton And The Denton Black Film Festival Institute, Inc. desire to renew and amend the Agreement to revise the term to commence on June 1, 2023 and expire on January 31, 2025 with the program period provided for in the Agreement now ending December 3 1, 2024; and WHEREAS, renewing and amending the Agreement to extend the time for completion of the project is in the public interest; NOW THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS : SECTION 1. The above recitals are fully adopted and incorporated herein for all purposes. SECTION2. The City Manager, or designee, is hereby authorized to execute a renewal amendment to the Agreement between the City of Denton and the Denton Black Film Festival Institute, Inc. 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 3. This Ordinance shall become effective immediately upon its passage and approval. rE rT:TLba'"o“e t;.is ordinance was made b' rG' FI“a'fd\~ The ordinance was passed and approved by the following vote p– g–] : Aye Nay Abstain Absent Mayor Gerard Hudspeth: Vicki Byrd, District 1 : Brian Beck. District 2: Paul Meltzer. District 3 : Joe Holland, District 4: Brandon Chase McGee, At Large Place 5 : Jill Jester, At Large Place 6: I J ,/ J \/ \/ ./ PASSED AND APPROVED this the i 7 "d,y,f Scp+,„.h, 1(bbyb JIME IL 1L1 1;i1:11:m 1C) 1B:11L , 2024. ATTEST: LAUREN THODEN, CITY SECRETARY .*: APPROVED AS TO LEGAL FORM: MACK REINWAND, CITY ATTORNEY &<Me KeILer Page 2 of 2 1 RENEWAL AMENDMENT TO THE AGREEMENT BETWEEN CITY OF DENTON, TEXAS AND DENTON BLACK FILM FESTIVAL INSTITUTE, INC. (PY2023) PROVIDING FOR THE PAYMENT AND USE OF HOTEL TAX REVENUE This Renewal Amendment (this Amendment) to the Agreement Between City f Denton, Texas, and Denton Black Film Festival Institute, Inc. (Py2023) Providing for Payment and Use of Hotel Tax Revenue executed on May 2, 2023 (the Agreement) is entered into between the City of Denton, Texas (City) and Denton Black Film Festival Institute, Inc. (Institute). Background The City and Institute previously entered into the Agreement. All funds have been dispersed by the City, but the Parties agree the extension desired by the Institute to complete the project described in the Agreement is in the best interest of the Parties. Initially capitalized terms used but not otherwise defined in this Amendment will have the meanings set forth in the Agreement. The parties desire to amend the Agreement as follows: 1. Effective Date The terms of this Amendment are effective as of the latest date in the signature block below. 2. Contract Term Section (4.1) of Exhibit A will be deleted and replaced in their entirety with the following: “The Term of this Agreement shall commence on June 1, 2023, and terminate at midnight on January 31, 2025. However, the program period shall commence on June 1, 2023, and terminate at midnight on December 31, 2024. Only those expenditures authorized by Chapter 351 of the Texas Tax Code and the program guidelines, and which are actually incurred during the program period for events and activities taking place within the program period are eligible for funding under this Agreement, and any ineligible expenditures or unspent funds shall be forfeited to CITY upon termination or expiration of this Agreement.” 3. New Agreement This Amendment constitutes a new agreement beginning on the Effective Date between the parties incorporating, except as amended herein, all the terms and conditions in the Agreement for all intents and purposes Confirmation of Agreement This Amendment (together with the Agreement attached hereto) constitutes the entire agreement between the parties regarding the matters of this Amendment and supersedes all prior and contemporaneous agreements and understandings regarding the matters of this Amendment. In the event of a conflict between this Amendment and the Agreement as it relates to the matters of this Amendment, the terms of this Amendment will control. Otherwise, except as expressly amended herein, all terms and conditions of the Agreement remain in full force and effect and likewise apply to this Amendment. Docusign Envelope ID: 5E01726F-025F-4A9A-BF66-5223B4B489A5 2 Authorized Signatures: “CITY” CITY OF DENTON, TEXAS “INSTITUTE” DENTON BLACK FILM FESTIVAL INSTITUTE, INC. By: By: Name: Name: Title: Title: Date: Date: THIS AGREEMENT HAS BEEN BOTH REVIEWED AND APPROVED as to financial and operational obligations and business terms. Jessica Williams SIGNATURE PRINTED NAME Chief Financial Officer TITLE Finance DEPARTMENT ATTEST: LAUREN THODEN, CITY SECRETARY BY: _______________________________ APPROVED AS TO LEGAL FORM: MACK REINWAND, CITY ATTORNEY BY: _______________________________ Docusign Envelope ID: 5E01726F-025F-4A9A-BF66-5223B4B489A5 Executive Director DBFFI 10/15/2024 Harry EaddySara Hensley 10/15/2024 City Manager