1994-137FILE REFERENCE FORM 94-137
X Additional File Exists
Additional File Contains Records Not Public, According to the Public Records Act
Other
imnais
Superceded by Consolidation Amendment Agreement approved by
Ordinance No. 97-298 10/07/1997 JR
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ORDINANCE NO. 7j/-/,5
AN ORDINANCE OF THE CITY OF DENTON, TEXAS AUTHORIZING THE CITY
MANAGER TO EXECUTE AMENDMENT NO. 1 TO AN AGREEMENT BETWEEN THE CITY
OF DENTON AND THE DENTON CHAMBER OF COMMERCE FOR THE PURPOSE OF
PROVIDING FOR A PROGRAM TO PROMOTE ECONOMIC DEVELOPMENT; AUTHOR-
IZING THE EXPENDITURE OF FUNDS THEREFOR; AND PROVIDING AN EFFECTIVE
DATE.
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION I. That the City Manager is hereby authorized to
execute Amendment No. 1 to an agreement between the City of Denton
and the Denton Chamber of Commerce for the purpose of providing for
a program to promote economic development, a copy of which is
attached and incorporated by reference herein.
SECTION II. That the expenditure of funds as provided in the
agreement is hereby authorized. The amount shall not exceed
Twenty-five Thousand ($25,000.00) Dollars for the purpose of
providing reimbursement for one-half of the cost of conducting an
economic analysis.
SECTION III. That this ordinance shall become effective
immediately upon its passage and approval.
PASSED AND APPROVED this the o9h4 day of , 1994.
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY: APPROVED AS TO LEGAL FORM:
DEBRA A. DRAYOVITCH, CITY ATTORNEY
BY:
AMENDMENT NO. 1 TO AGREEMENT BETWEEN
THE CITY OF DENTON AND THE DENTON CHAMBER OF COMMERCE
WHEREAS, on August 15, 1989, the City of Denton, Texas ("City")
and the Denton Chamber of Commerce ("Chamber") entered into an
Agreement for an economic development program ("Agreement"), a copy
of which is attached hereto as Exhibit "A"; and
WHEREAS, the Chamber has requested funding for the purpose of
conducting an analysis of Denton's competitive marketing capabili-
ties and the City wishes to amend the Agreement to provide for such
analyses; NOW, THEREFORE:
W I T N E S E T H:
ARTICLE I.
That the City and the Chamber hereby amend Article 3 of the Agree-
ment to read as follows:
3. Duties of Office. The duties of the office of Economic
Development shall include the following:
(a) Preparation, in consultation with the Committee, of a
written comprehensive Economic Development Plan ("Plan") to
be approved by the Chamber's Board of Directors and City
Council.
(b) Performance of an annual review and amendment, as neces-
sary, in consultation with the Committee, of the Plan. (To
become effective, any amendments to the Plan shall be
approved by the Chamber's Board of Directors and the City
Council.)
(c) Maintenance of a liaison with the Texas Department of Com-
merce and other public and private agencies and organiza-
tions that would promote the purpose of the Plan.
(d) Preparation and maintenance of a comprehensive fact book
and other publications that would provide information to
interested persons as to the City's population, employment
base, private and public institutions and facilities, and
other significant characteristics and resources of the
City.
(e) Initiation and maintenance of contact with, which shall
include making presentations to, desirable industrial
prospects so as to promote their interest in locating
within the area.
(f) Render advice to the City of the progress of the Plan at
such times as requested by the City. To this end, the
Office will provide monthly program reports to the City
through the minutes of the Chamber's Board meetings. The
Office will also present quarterly reports that include the
sources of expenditure of funds, major projects, number of
industrial prospects who visited Denton and industries
locating in Denton to the Denton City Council, Public
Utilities Board and such other groups as the parties may
determine.
(g) The conduct or commission of studies for the purpose of
special analysis or research to enhance the City's market-
ing capabilities, as identified and mutually agreed upon by
City and Chamber.
ARTICLE II.
That Article 4 be amended by the addition of a new paragraph, which
shall be and read as follows:
With respect to the services described in Article 3 (g),
the City shall reimburse the Chamber for one-half of the
cost of conducting an economic analysis for the purpose of
enhancing the City's marketing capabilities; provided,
however, that the reimbursement shall not exceed the sum of
$25,000.
ARTICLE III.
In all other respects, the terms and conditions of the Agree-
ment, as executed by the parties on the 15th day of August, 1989
shall remain in full force and effect.
EXECUTED this o7hd day of , 1994.
CITY OF DENTON, TEXAS
BY:
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY:
PAGE 2
APPROVED AS TO LEGAL FORM:
DEBRA A. DRAYOVITCH, CITY ATTORNEY
~Gd" 0 (GCJ%
BY:
DENTON CHAMBER OF COMMERCE
BY: f,
CHARLES W. CARPXNTER, PRESIDENT
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