Loading...
2008-217S:\Our Documents\0rdinances\08\Chamber 08-09.doc ORDINANCE NO. DS-,V 7 AN ORDINANCE APPROVING AN AGREEMENT BETWEEN THE CITY OF DENTON, TEXAS, AND THE DENTON CHAMBER OF COMMERCE REGARDING AN ECONOMIC DEVELOPMENT PARTNERSHIP; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Denton deems it is in the public interest and serves a municipal and public purpose to enter into an agreement with the Denton Chamber of Commerce for the purpose of providing for a program to promote economic development through the joint effort of the parties hereto; NOW, THEREFORE; THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. City Council finds that the Agreement between the City of Denton and the Denton Chamber of Commerce serves a valid municipal and public purpose and is in the public interest. SECTION 2. The Agreement between the City of Denton and the Denton Chamber of Commerce attached hereto and made a part hereof by reference (the "Agreement") is hereby approved. The Mayor, or in his absence, the Mayor Pro Tem, is hereby authorized to execute the Agreement on behalf of the City of Denton. The City Manager is hereby authorized to carry out the City's rights and duties under the Agreement including authorization for the expenditure of funds provided for in the Agreement. SECTION 3. This Ordinance shall become effective October 1, 2008 upon its passage and approval. PASSED AND APPROVED this the day of , 2008. MARK A.,B " UGHS, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: ~ "I ~ APPR ED A TO LEGAL FORM: JOHN M. KNIGHT, INTERIM CITY ATTORNEY BY: sAour documents\contracts\08\economic dev prog agr.doc ECONOMIC DEVELOPMENT PROGRAM AGREEMENT BETWEEN THE CITY 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 development through the joint effort of the parties hereto, who in consideration of their mutual promises, agree as follows: 1. Chamber Office of Economic Development ("Office"). During the term of this Agreement, the Chamber shall maintain an Office of Economic Development managed by the Vice President of Economic Development, who shall perform the duties of the office. 2. Duties of the Office. The Chamber of Commerce shall: a. Develop and maintain positive relationships with key economic development allies, including but not limited to, private sector investors, the Governor's Office of Economic Development, Greater Dallas Chamber of Commerce, and national, regional and local real estate brokers and land developers. b. Maintain memberships and involvement in economic development organizations, such as the International Economic Development Council and Texas Economic Development Council. lp c. Develop and produce marketing materials to promote Denton, including but not limited to, placement of advertising in trade publications, and the development and maintenance of websites (DentonEDP.com, DentonSites.com and DentonMD.org). d. Recruit prospective businesses through attendance at target market trade shows and events. e. Serve as point of contact for businesses interested in locating in Denton. f. Work closely with the City of Denton Office of Economic Development in the development of programs and policies. 1. sAour documents\contm s\08\economic dev grog agr.doc g. Prepare and obtain approval of the annual work plan and budget from the Economic Development Partnership Board and provide the Board with monthly activity reports. 3. Support Services and Funding. The Chamber shall provide the office space, equipment and support staff necessary to the operations of the Office of Economic Development. For the fiscal year2008-09, the Chamber shall solicit and contribute private sector funds in the amount 9,f 87,137, and the City shall provide funding in the amount of $240,000: $80,000 from the General Fund and $160,000 from the Utilities Fund. The balance of any unused City funds shall be returned to the City at the end of the fiscal year. Any funds provided by the City pursuant to this Agreement shall be retained in an account separate and segregated from the Chamber's general operating fund and shall only be used for the purpose provided for in this Agreement. The Chamber and the Office shall keep current and accurate records of all funds received and expended, which shall be subject to inspection and audit by the City at all reasonable times. All such financial records shall be subject of the Texas Public Information Act, Tex. Gov't Code Ch. 552. 4. Status of Office. The Office of Economic Development shall be under the direct supervision aiid 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 processing of all benefits or payment of 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, its elected officials, officers, agents, employees and representatives harmless from any claim arising from any negligent act of such employees. 5. Term of Agreement. This Agreement shall be effective for a term of one (1) year, from October 1, 2008 through September 30, 2009. Either party may terminate this Agreement by giving Page 2 sAour documents\contmcts\08\economic dev grog agr.doc written notice to the other thirty (30) days advance notice, in which case any unexpended funds provided by the City shall be returned to the City. EXECUTED this the 23- day of avj&177, , 2008. ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: APPR ED TO LEGAL FORM: JOHN M. KNIGHT, INTERIM CITY ATTORNEY BY: DENTON CHAMBER OF COMMERCE Page 3