1989-108FILE REFERENCE FORM 89-108
X Additional File Exists
Additional File Contains Records Not Public, According to the Public Records Act
Other
FILE(S)
Date Initials
Amendment No. 1 approved b Ordinance No. 94-137
08/02/1994
JR
Amendment No. 2 approved b Ordinance No. 95-157
08/15/1995
JR
Amendment No. 3 approved b Ordinance No. 96-092
07/24/1996
) R
Superceded by Consolidation Amendment Agreement approved by
Ordinance No. 97-298
10/07/1997
JR
1616L
NO V
AN ORDINANCE APPROVING AN AGREEMENT BETWEEN THE CITY OF DENTON
AND THE DENTON CHAMBER OF COMMERCE PROVIDING FOR A PROGRAM TO
PROMOTE ECONOMIC DEVELOPMENT, AUTHORIZING THE EXPENDITURE OF
FUNDS THEREFOR, AND PROVIDING AN EFFECTIVE DATE
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS
SECTION I That the attached agreement between the City of
Denton an the Denton Chamber of commerce providing for a
program to promote economic development is hereby approved
SECTION II That the expenditure of funds in accordance
with t e greement is hereby authorized
SECTION III That the attached agreement shall, in all
respects, supercede the agreement between the City and the
Chamber authorized by Ordinance 86-216 and executed on the 27th
day of October, 1986
SECTION IV That this ordinance shall become effective
imme ate y upon its passage and approval
PASSED AND APPROVED this the day of Qd' 1989
SY TP NSYOR
ATTEST
?PROVED T C
AS TO LEGAL FORM
DEBRA ADAMI DRAYOVITCH, CITY ATTORNEY
BY PJA ~ dvt,119~
L-agrl
1616L
THE STATE OF TEXAS § ECONOMIC DEVELOPMENT PROGRAM
AGREEMENT BETWEEN THE CITY OF DENTON
COUNTY OF DENTON § AND THE DENTON CHAMBER OF COMMERCE
This Agreement is made between the City of Denton, Texas,
("City"), and the Denton Chamber of Commerce ("Chamber") for the
purpose of providing for a program to promote economic develop-
ment through the joint effort of the parties hereto, who, in
consideration of their mutual promises, agree as follows
1 Office of Economic Develo ment Created During the
term of this greement t e C am er s a maintain an Office of
Economic Development ('Office") managed by Director of Economic
Development ("Director"), who shall be hired as a full-time
employee of the Chamber to perform the duties of the Office
2 Economic Develo meet Committee Created In order to
promote a program or econom c eve opment, t e parties agree
that an Economic Development Committee ("Committee") will be
established The members of the Committee, who shall represent
the diverse interests of the community, shall be appointed by
the Chamber's Board of Directors, but shall include one member
of the City's Public Utilities Board, two members of the City
Council and two employees of the City, as designated by the City
Subject to approval of the Committee, the Chamber President
shall have the authority to hire the Director of Economic
Development The Chamber President shall supervise the daily
activities of the Director and may terminate the Director The
Committee shall approve the appointment of the person to serve
as Director of Economic Development, and shall act in an
advisory role to the Director
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 necessary, 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
Industrial Commission and other public and
private agencies and organizations 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
4 Support services and Fundin The Chamber shall provide
the of ce space, equ pment an support staff necessary to the
operations of the Office of Economic Development The City shall
provide funding as approved in the City's budget which shall be
adopted on or before the 20th day of September of each year Of
the amount appropriated for each year, the City shall pay the
Chamber one-half
Tthe remaining hereafter, the 1 City ashal
following October
April s lst and
paid on th l
provide annual funding in the amount appropriated for that
purpose by the City Council
Any funds provided by the City pursuant to this Agreement
shall be retained in an account separate from the Chamber's
general operating fund and shall only be used for the purposes
provided for in this Agreement The Office of Economic
Development shall keep current and accurate records of all funds
received and expended, which shall be subject to inspection by
the City at all reasonable times
PAGE 2
The Chamber Economic Development office shall provide
monthly status reports to the City on the progress of the
Economic Development Program, which shall include a description
of expenditures of the Office made with funds appropriated by
the City Annually, during the budget process, the Chamber
shall submit a program budget request to the City Manager The
City shall then evaluate the progress of the Chamber Economic
Development Program and, at that time, determine whether to
continue appropriations to support the office the following
fiscal year
5 Status of Office The Office of Economic Development
created un er t s greement shall be under the direct super-
vision and control of the Chamber and all personnel of the
Office shall be considered employees or agents of the Chamber
The Chamber shall be responsible for the payment of all benefits
or liabilities of such employees or agents, including the
withholding or payment of personal income or social security
taxes, as provided by applicable law, and the payment of
worker's compensation premiums The Chamber shall maintain
policies of insurance in the minimum amounts required by law to
protect against liability arising from the operation of any
vehicles used by employees of the Office and the Chamber agrees
to defend against, and indemnify and hold the City harmless from
any claim arising from any negligent act of such employees
6 Term Termination Initial Pa ent This Agreement
or a term o one year from the execution
shall be effective
hereof, and shall be automatically renewable for successive
period of one year without the necessity of any action on the
part of the parties hereto, unless during any successive term,
the City shall, after the initial funding provided for herein,
fail to appropriate funding for any successive year, in which
case this Agreement shall terminate In any case, however,
either party may terminate this Ageement a noticigiving in written
notice to the other thirty (30) days which
case any unexpended funds provided by the City shall be returned
to the City
City shall transfer the remaining funds allocated in the
budget for Economic Development in fiscal year 1988-89 to the
Chamber Such funds shall be used only in accordance with
Section 3 hereof
Executed this ~daY of 1989
W , R
CITY DENTON, TEXAS
PAGE 3
ATTEST
1
ENTL/E/RS, CITY RE Y
TY OF TON, TEXAS
APPROVED AS TO LEGAL FORM
DEBRA ADAMI DRAYOVITCH, CITY ATTORNEY
CITY OF DENTON, TEXAS
BY
DENTON CHAMBER OF COMMERCE
BY
RY L, PRESIDENT
ATTEST
SECRETARY
PAGE 4