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<br />e <br /> <br />e <br /> <br />AGREEMENT BETWEEN THE CITY OF LA PORTE AND THE LA PORTE MAIN <br />STREET ASSOCIATION REGARDING THE PURCHASE AND DISPLAY OF <br />DECORA TIVE BANNERS ON MAIN STREET <br /> <br />BECAUSE, the La Porte Main Street Association "Association" wishes to display decorative <br />banners "Banners" to attract visitors to the City of La Porte "City" and its various retailers and <br />amenities; and <br /> <br />BECAUSE, the Association has agreed to contribute a minimum of $2,000.00 to fund the initial <br />purchase of the Banners; and <br /> <br />BECAUSE, the City supports the Association and its efforts to attract visitors to the City as well <br />as patrons for local retailers; and <br /> <br />BECAUSE, the City has agreed to contribute an amount not to exceed $6,000.00 from the <br />HoteVMotel Fund to fund the remaining costs of the initial purchase of Banners; and <br /> <br />BECAUSE, Reliant Energy-Houston Lighting and Power "RE HL&P" has jurisdiction for the <br />street light standards "Standards" to support the Banners and has agreed to provide permission <br />for attachment of Banners to these structures, and <br /> <br />BECAUSE, the State of Texas Department of Transportation "TxDOT" regulates the use of <br />Main Street east of SH 146 under its jurisdiction and agrees to approve display of the Banners <br />over their right-of-way; and <br /> <br />NOW THEREFORE, KNOW ALL MEN BY THESE PRESENTS: That in consideration of the <br />mutual covenants, agreements and benefits to both parties, it is agreed as follows: <br /> <br />I. <br /> <br />The Association and City will submit a written request for a permit from TxDOT for use of the <br />street right-of-way to display the Banners. The Association and City will enter into a formal <br />agreement with RE HL&P for use of the Standards. The City will agree to provide signed and <br />sealed engineer approved drawings of brackets to support these Banners according to RE HL&P <br />specifications. <br /> <br />II. <br /> <br />The City has provided final approval of banner design contingent on approval of design and <br />dimensions by RE HL&P and TxDOT. Any additional decorative banner designs or any change <br />in the existing decorative banner design shall comply with the same approval process as that for <br />original Banners. <br /> <br />1 <br />