O-2002-2593 - Laserfiche WebLink

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e e THE STATE OF TEXAS COUNTY OF HARRIS This agreement made and entered into effective the 1 st day of October, 2002, by and between the City of La Porte, a municipal corporation, hereinafter called "City", and The La Porte - Bayshore Chamber of Commerce, a non-profit corporation chartered under the Laws of the State of Texas, hereinafter called "Chamber," WITNESSETH: WHEREAS, City has an ordinance providing for the assessment and collection of a Hotel Occupancy tax in the City of La Porte of four percent (4%) of the consideration paid by the occupant of a room, space or facility in any hotel/motel; and WHEREAS, the Chamber is equipped to advertise and conduct solicitation programs to acquaint potential users with public meeting and convention facilities and to promote tourism and advertise the City of La Porte; and WHEREAS, it is to the mutual benefit of the City and Chamber that the City provide funds to the Chamber for the above stated purposes and that the Chamber use such funds for the above stated purposes; NOW, THEREFORE, in consideration of the premises and of the mutual covenants herein contained, City and Chamber hereby agree as follows: SECTION I. Chamber shall employ its best efforts for general promotional and tourist advertising of the City of La Porte and conducting solicitation and operating programs to contract conventions and visitors, including the establishment and operation by Chamber of a convention and visitors bureau. SECTION II. As a consideration for the services set forth in Paragraph 1 hereof, City agrees to pay to Chamber a base amount equal to twenty-five percent (25%) of the amount actually collected by the City up to an amount not to exceed $40,000 per year from the Hotel Occupancy Tax in any City fiscal year during the term of this agreement. During the term of this agreement, any increase in the base contribution will be based on a review of the annual performance report and the annual budget submitted by the Chamber. Any increase in the base contribution shall be approved by City Council. A one-time contribution for any new special event may be considered by the City based on the merits of the special event and City Council's approval. Any special event promoted by the Chamber of Commerce should be included in the annual budget submitted by the Chamber.