Loading...
HomeMy WebLinkAbout24-2486ORDINANCE NO. 24-2486 AN ORDINANCE OF THE CITY COUNCIL OF DENTON, TEXAS, AUTHORIZING THE CITY MANAGER TO EXECUTE A CONTRACT WITH THE DENTON CHAMBER OF COMMERCE FOR THE ACQUISITION OF THE EQUIPMENT, INTELLECTUAL PROPERTY, AND OTHER ASSETS OF DISCOVER DENTON, A LINE OF BUSINESS UNDER THE DENTON CHAMBER OF COMMERCE AND THE ASSUMPTION OF CERTAIN CONTRACTS BY THE CITY; AUTHORIZING THE CITY MANAGER TO EXECUTE A FIRST AMENDMENT TO A LEASE BETWEEN THE CITY AND THE DENTON CHAMBER OF COMMERCE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Denton Chamber of Commerce (the “Chamber”), pursuant to the December 12, 2023, agreement for the use of Hotel Tax Revenue between the City of Denton (the “City”) and the Chamber (the “HOT Agreement”), currently operates Discover Denton, the City’s convention and visitor’s bureau, for the purpose of promoting tourism and the convention and hotel industry within the City of Denton; and WHEREAS, the Chamber desires to convey, and the City agrees to acquire, substantially all the assets, and certain specified liabilities, of Discover Denton, subject to the terms and conditions set forth in the Discover Denton Acquisition Agreement (the “Agreement”); and WHEREAS, the City’s acquisition of Discover Denton serves the public interest by stimulating business and commercial activity in the City and by promoting tourism and the convention and hotel industry; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS : SECTION 1. The matters set forth in the recitals in this ordinance are true and correct, are fully incorporated as part of this ordinance for all purposes, and constitute findings of the City Council acting in its legislative capacity. SECTION 2. The City Manager, or their designee, is hereby authorized to execute the Agreement in the form attached hereto as Exhibit A, and to take any actions necessary to give effect thereto SECTION 3. The City Manager, or their designee is hereby authorized to execute the First Amendment to Lease Agreement attached as Schedule 4 to the Agreement attached hereto, and take any actions necessary to give effect thereto. SECTION 4. The City Council of the City of Denton hereby expressly delegates the authority to take any actions that my be required or permitted to be performed by the City of Denton under the Agreement and this ordinance to the City Manager of the City of Denton, or their designee. SECTION 5. This ordinance shall take effect immediately from and after its passage. Page 1 The motion to approve this ordinance was made by Brandon Chase McGee and seconded by Brian Beck; the ordinance was passed and approved by the following vote [ 6 - 0 - 1 ]: 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: X X X X X X X PASSED AND APPROVED this the 17th day of December, 2024. LZ#/ GERARD HUDSPETH, MAYOR ATTEST: LAUREN THODEN, CITY SECRETARY L\\\\It tIlIIf dalkM'JhdA- APPROVED AS TO LEGAL FORM: MACK RErNWAND, CITY ATTORNEY BY:)yLaLQc@aLLow& Page 2