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<br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: Julv 28. 2008 <br /> <br />Appropriation <br /> <br />Requested By: Ron Bottoms, City Mana~er <br /> <br />Source of Funds: <br /> <br />Department: Administration <br /> <br />Account Number: <br /> <br />Report: X Resolution: <br /> <br />Ordinance: <br /> <br />Amount Budgeted: <br /> <br />Exhibits: Draft Agreement <br /> <br />Amount Requested: <br /> <br />Exhibits: Chamber of Commerce Hotel/Motel Reportin2 <br /> <br />Budgeted Item: <br /> <br />Exhibits: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The contract between the City of La Porte and the La Porte-Bayshore Chamber of Commerce will expire September <br />30, 2008. <br /> <br />During negotiations, it was agreed to renew the agreement with the Chamber at a base contribution of$55,000 per <br />year with no additional annual allocations. Based on the attached report, the Sylvan Beach Festival has had an <br />increase in net income since the City's $30,000 annual contribution to the Chamber for this special event. Another <br />change in the Agreement is the date for which the Chamber should submit to the City, their budget. The frrst year of <br />the 3-year Agreement remains in October, but the remaining 2 years should be submitted by July 5th in order for it to <br />be reviewed before the City's budget process. <br /> <br />Staff requests comments from Council regarding the renewal of this agreement with the La Porte-Bayshore Chamber <br />of Commerce. Staffwill bring back to Council for approval at a date after the draft is also reviewed and approved <br />by the Chamber. <br /> <br /> <br />1/tS~ <br /> <br />Date <br />