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HomeMy WebLinkAbout2001-474s a« on�ummuwmm,noanoncnuoe« nmenEmm�uGac ORDINANCE NO Oi ®.Ol— `1'71 AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE AMENDMENTS TO THE CY2001 AND CY2002-2004 AGREEMENTS BETWEEN THE CITY OF DENTON AND THE DENTON CHAMBER OF COMMERCE (CONVENTION AND VISITORS BUREAU) FOR THE PAYMENT AND USE OF HOTEL TAX REVENUE, AND PROVIDING AN EFFECTIVE DATE THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS S_,ECTION 1 That the Mayor is hereby authorized to execute the attached amendments to the CY2001 and CY2002-2004 agreements between the City of Denton and the Denton Chamber of Commerce for the payment and use of hotel tax revenue, under the terms and conditions contained in said amendments, copies of which are attached hereto and made a part hereof SECTION 2 That this ordinance shall become effective immediately upon its passage and approval PASSED AND APPROVED this the � day of kdemkk 2001 ATTEST JENNIFER WALTERS, CITY SECRETARY BY APPROVED AS TOLEGAE-FOIrq HERBERT L PR'GUTY, CITY ATTORNE FIRST AMENDMENT TO AGREEMENT BETWEEN THE CITY OF DENTON AND THE DENTON CHAMBER OF COMMERCE (CONVENTION & VISITOR'S BUREAU) (CY2001) PROVIDING FOR THE PAYMENT AND USE OF HOTEL TAX REVENUE THIS FIRST AMENDMENT to the CY2001 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"), amends Section 2 1 of the CY2001 AGREEMENT as contained herein, all other provisions to remain as originally set forth 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 3 1 " of that year may be carried ov,ee,/rr to the subsequent calendar year EXECUTED this /0 day of ha/�12001 ATTEST THE CITY OF DENTON, TEXAS ALTERS, HERBERT L rARY CITY ATTOI DENTON CHAMBER OF COMMERCE .ye,�.z4a,,;rL President ATTEST APPROVED AS TO LEGAL FORM By By Secretary a kshxvd m<v. 00W u�MCmi \01\Hor Cons\CVB CYMI w=i mta«