Laserfiche WebLink
i • <br />-~~ CITY OF LA FORTE <br />pia <br />•4j <br />1 ~e PnoNE 171 3) 471 -5020 P. O. BOx 1 1 1 5 Lw PORT E. TExwS 77572.1 / 1 5 <br /> <br />October 12, 1990 <br />Ron E. Jackson, President <br />Sunbelt Hotels, Inc. <br />2600 Citadel Plaza Drive, Suite 507 <br />Houston, TX 77008 <br />Dear Ron: <br />I am pleased that Sunbelt Hotels, Inc. has decided to pursue a joint <br />venture with the City of La Porte in underwriting a hotel market <br />study. By combining our talents and resources I'm confident that <br />this public/private partnership will be successful. <br />It is my understanding that the first step in pursuing an agreement <br />requires that a marketing study be initiated to determine whether <br />La Porte will warrant a hotel. Therefore, I propose the following: <br />* Sunbelt Hotels, Inc. engages the services of a <br />professional and well respected consulting firm <br />to perform a detailed lodging study of La Porte. <br />* Sunbelt Hotels, Inc. will be .responsible for <br />payment to the selected company for their work <br />effort. <br />* The City will be kept abreast of the study effort <br />and given opportunity for input and discussion. <br />* Upon completion of the study, the findings will <br />be presented to the La Porte City Council with <br />sufficient copies made available for continued <br />study. <br />* Should the report not demonstrate that a hotel can <br />be supported by La Porte with i is 1 ocati on i n east <br />Harris County, the City will agree to reimburse <br />Sunbelt Hotels, Inc. for the cost of the hotel <br />study. The amount to be reimbursed will not <br />exceed $18,000. <br />EXHIBIT "A" <br />