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05-24-21 Regular Meeting of the La Porte Development Corporation Board
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05-24-21 Regular Meeting of the La Porte Development Corporation Board
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4/7/2025 3:55:54 PM
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City Meetings
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La Porte Development Board Corporation/Type B
Meeting Doc Type
Agenda Packet
Date
5/24/2021
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1. Prepare press releases and act as media liaison publicizing THE CITY's e3orts, <br />k. THE CITY will be included as a participant in F'CONOMTC Af.I.IAN(.E's economic <br />development initiative Project Stars, which -focuses upon regional marketing and <br />regional aesthetic irtiproven'ients within the San Jacinto Texas Historic District. This <br />set -vice 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 />1, Invitation to city officials and staff to all events organized and/or hosted by THE <br />ECONOMIC ALLIANCE; <br />In. THE ECONOMIC ALLIANCE will provide full membership on its board of directors <br />for a designee of 'FHI.,' CITY. <br />Section 3.02: Upon request, THE ECONOMIC Al-11ANCH. 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 A1113,1ANCE studies reports and evaluation$ relating to <br />economic development issues with the exception of work related to confidential <br />prospects; <br />c. Copies of THI.,' ECONOMIC ALLIANCE publications; <br />ARTICLE IV <br />Term of Contract <br />Section 4.0 1: This agreement is for the thirty six (36) month period beginning July 1, <br />2018, and ending June 30, 2021. <br />AR:I']Cf,l',,V <br />Terms of Payment <br />Section 5.01: THE CITY agrees to pay TTIF' ECONOMIC ALLIANCE a total amount of <br />TWENTY THOUSAND AND NO/100ths Dollars ($20,000,00) for each contract year this <br />agreement is in elrect, said $20,000,00 payment,; being for the performance of services provided <br />herein by TI-1E 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 />TFIE 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 />
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