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2007-143 S:\Our Documents\Ordinances\07\TW U'I7ialhon Istter of Agreement Ord.doc ORDINANCE NO. OBI 1_~~ AN ORDINANCE OF THE CITY OF DENTON, TEXAS, APPROVING AND RATIFYING A LETTER AGREEMENT BETWEEN THE CITY OF DENTON AND TEXAS WOMAN'S UNIVERSITY REGARDING THE TWU TRIATHLON EVENT; AUTHORIZING AND RATIFYING THE EXPENDITURE OF FUNDS IN CONNECTION THEREWITH; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Manager has heretofore executed a letter agreement on behalf of the City of Denton with Texas Woman's University ("TWU") regarding the TWU Triathlon event, a copy of which is attached hereto and made a part hereof as Exhibit A (the "Agreement"); and WHEREAS, the City Council finds that the Agreement serves a public and municipal purpose by encouraging tourism and visitors to the City, which has a beneficial economic benefit to the City; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The Agreement is hereby approved and ratified and all expenditures provided for therein are approved and ratified. SECTION 2. This Ordinance shall become effective immediately upon its passage and approval and has retroactive effect to the date of the Agreement. PASSED AND APPROVED this the -~-> day of , 2007. PERK . McNEILL, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY BY APPI EDN BY: Jun•29 07 12:49p TWU RTHLETICS 940-898-2372 p.l 09/28/2007 11:50 FnX 940 J49 8598 CITY OF DENTON f~J001 2I i L. McKiiuic4 Sn~eei Denton, Tcsas 7G?0I (940) 349.9307 FAk ~94U) .;49-9?J6 OFFICE OF THF.. CITY MANAGER June 28, 2007 VIA FACSIMII.E: Margie Williamson Fax No. 898.2372 Cha~leae Connors Athletic Director Texas Woman's University P.O. Box 425349 Denton, TX 76204 ItE: TWU Triathlon Event Dear Ms. Connors: Please let this letter serve es a Letter Agreement between the City of Denton and the Texas Woman's University ("TWU"} regarding the TWU Triathlon Event, which is scheduled for July 1, 2007. The City agrees to pay $400.00 towards the overtime cost for police personnel at the event. In exchange TWU agrees to promote the City of Denton, which will encourage tourism in the City. This event will serve a public and municipal purpose by encouraging visitors to the City, which will economically benefit the City. In addition, the City reserves the right to audit your records at a reasonable time and place to verify the expenditures. Please sign a copy of this letter at the place indicated below and return to me. Should you have any questions please do not hesitate to cal! me at 940-349-8307. Sincerely George C. Campbell ~ ~ ~ City Manager Agreed: (~D'_.^--t^~'V '~ ~ ,, Ch4flese Connors, Athletic Director, TWU D r. R i c h e r d~~~ s Vice President for Student Life "Dedicated to Qunli(y Service"