08-22-11 Regular Meeting of La Porte City Council

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THE STATE OF TEXAS COUNTY OF HARRIS This agreement made and entered into effective the 15c day of October 2011, 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: W IEREAS, City, as authorized by Texas Tax Code Chapter 351, has an ordinance providing for the assessment and collection of a Hotel Occupancy tax in the City of La Porte of seven percent (7 %) 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, TTI=— FORE, 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 and conducting special 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 Section 1 hereof, and as part of its obligation under Chapter 351 of the Texas Tax Code to use local hotel occupancy tax funds for attracting and promoting tourism and the convention and hotel industry, City agrees to pay to Chamber an amount not to exceed $70,000.00 from funds received by City from its Hotel Occupancy Tax, in any City fiscal year (being October 1 to September 30 of the following calendar year) during the term of this agreement, according to the payment schedule established in Section