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07-23-18 Regular Meeting of the La Porte Development Corporation Board
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07-23-18 Regular Meeting of the La Porte Development Corporation Board
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7/17/2018 5:58:52 PM
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City Meetings
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La Porte Development Board Corporation/Type B
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Agenda Packet
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7/23/2018
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J. Prepare press releases and act as media liaison publicizing THE CITY's efforts. <br />k. THE CITY will be included as a participant in ECONOMIC ALLIANCE's economic <br />development initiative Project Stars, which focuses upon regional marketing and <br />regional aesthetic improvements within the San Jacinto Texas Historic District. This <br />service provides to the City that the Economic Alliance will communicate grant <br />opportunities regarding this project to city, at no obligation to the city. <br />L Invitation to city officials and staff to all events organized and/or hosted by THE <br />ECONOMIC ALLIANCE; <br />m. THE ECONOMIC ALLIANCE will provide full membership on its board of directors <br />for a designee of THE CITY. <br />Section 3.02: Upon request, THE ECONOMIC ALLIANCE will make available to THE CITY <br />the following: <br />a. Access to information in its library and databases with the exception of company <br />economic development prospects who are not seeking to locate in THE CITY; <br />b. Copies of THE ECONOMIC ALLIANCE studies reports and evaluations relating to <br />economic development issues with the exception of work related to confidential <br />prospects; <br />c. Copies of THE ECONOMIC ALLIANCE publications; <br />ARTICLE IV <br />Term of Contract <br />Section 4.01: This agreement is for the thirty six (36) month period beginning July 1, <br />2018, and ending June 30, 2021. <br />ARTICLEV <br />Terms of Payment <br />Section 5.01: THE CITY agrees to pay THE ECONOMIC ALLIANCE a total amount of <br />TWENTY THOUSAND AND NO/lO0ths Dollars ($20,000.00) for each contract year this <br />agreement is in effect, said $20,000.00 payments being for the performance of services provided <br />herein by THE ECONOMIC ALLIANCE during each of the twelve month (12) terms <br />established in Section 4.01 of this agreement. Performance update reports shall be provided to <br />THE CITY on at least an annual basis. Furthermore, and without limiting Section 6.01, CITY <br />retains the right to terminate this Agreement at any point should funds not be appropriated for the <br /> <br />
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