2008-07-14 Regular Meeting, Public Hearing and Workshop Meeting of the La Porte City Council

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DRAFT THE STATE OF TEXAS COUNTY OF HARRIS This agreement made and entered into effective the 1 st day of October, 200~8, 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: WHEREAS, City has an ordinance providing for the assessment and collection of a Hotel Occupancy tax in the City of La Porte of four percent (4%) of the consideration paid by the occupant of a room, space or facility in any hoteVmotel; 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, THEREFORE, 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 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 Paragraph 1 hereof, City agrees to pay to Chamber an amount equal to twenty-four percent (24%) of the amount actually collected by the City up to an amount not to exceed $10,000 55,OOOfrom the Hotel Occupancy Tax in any City fiscal year during the term of this agreement. SECTION III. The term of this contact is for three (3) years and expires on September 30, 20Q8 11. No less than ninety (90) days prior to the expiration of the initial 3-year term of this agreement, the City and Chamber may renegotiate the cap level as established in Section II. Any increase in the base contribution will be based on the annual performance report and the annual budget submittal by the Chamber and shall be approved by City Council.