Laserfiche WebLink
Anniversary Regatta on September 24, 2022, and the Houston Yacht Club James Liston Regatta on <br />th <br />November 19, 2022. In connection therewith, the Recipient shall: <br /> <br />1. Encourage participants to book and use hotels within the corporate limits of the City of La Porte <br />for hotel room nights associated with the event participants; and <br />2. Place the City logo on the Race Committee Boat; and <br />3. Provide four (4) passes to the opening and closing ceremonies; and <br />4. Provide four (4) passes for the spectator boats; and <br />5. Place City of La Porte provided banners at the Houston Yacht Club during the regatta events <br /> <br />In addition, the Houston Yacht Club agrees that in exchange for receipt of the sponsorship package, it will <br />provide the following benefits to City: <br /> <br />1. Commitment to host events for City related functions at the Houston Yacht Club. <br />2. Provide for an open house type event at the Houston Yacht Club in calendar year 2023. <br />3. Open dialogue with the La Porte Parks and Recreation Department about possible <br />collaboration for future programming. <br /> <br /> <br />ARTICLE II: <br />In exchange for the commitment outlined in Article I, the City shall remit to the Recipient funds in an <br />amount not to exceed $30,000.00, no later than thirty (30) days after execution of this Agreement. <br />Payment shall be made in one lump-sum amount. <br /> <br />ARTICLE III: <br /> <br />All funds received as herein provided shall be used by Recipient solely for the propose of hosting the A <br />Cat World Championship, the ICLA 6 World Championship, the Houston Offshore One Design Regatta, the <br />th <br />Houston Yacht Club 125 Anniversary Regatta, and the Houston Yacht Club James Liston Regatta, and to <br />provide hosting opportunities for city related events at the Houston Yacht Club. <br /> <br />ARTICLE IV: <br /> <br />In the event of any default by Recipient hereunder, including but not limited to, use of the funds provided <br />herein for purposes other than those stated in Article III of this Agreement, the City may terminate the <br />Agreement. The City shall have the right to reclaim and recapture, and Recipient shall refund, any funds <br />that are not spent in accordance with the terms of this Agreement. <br /> <br />ARTICLE V: <br /> <br />Recipient agrees to assume and does hereby assume all responsibility and liability for damages sustained <br />by persons or property, whether real or asserted, by or from the carrying on of work by Recipient or in <br />the performance of services performed and to be performed by Recipient for the A Cat World <br />Championship, the ICLA 6 World Championship, the Houston Offshore One Design Regatta, the Houston <br />th <br />Yacht Club 125 Anniversary Regatta, and the Houston Yacht Club James Liston Regatta. For these events <br />Recipient covenants and agrees to, and does hereby indemnify, defend, and hold harmless the City and <br />all their respective officers, agents, and employees from all suits, claims, actions, and expenses of any <br /> <br />