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<br />73 <br /> <br />STATE OF TEXAS <br /> <br />CONTRACT FOR SERVICES <br /> <br />COUNTY OF HAYS <br /> <br />KNOW ALL PERSONS BY THESE PRESENTS: <br /> <br />That the City of San Marcos, Texas, a municipal corporation <br />existing by and under the laws of the Sta te of Texas, acting throug h <br />authority conferred on its Mayor, J.E. Younger, by Resolution duly <br /> <br />adopted on <br /> <br />December 8, 1986 <br /> <br />hereinafter <br /> <br />" Ci ty , " <br /> <br />and <br /> <br />the <br /> <br />San <br /> <br />Marcos <br /> <br />Chamber of <br /> <br />Commerce, <br /> <br />here ina fter <br /> <br />IIChamber," <br /> <br />acting by <br /> <br />and <br /> <br />throug h <br /> <br />its <br /> <br />President, <br /> <br />Che ry 1 <br /> <br />Carr, <br /> <br />enter <br /> <br />into <br /> <br />this <br /> <br />Agreement <br /> <br />pursuant <br /> <br />to <br /> <br />the terms <br /> <br />and <br /> <br />provisions of <br /> <br />Chapter <br /> <br />26, <br /> <br />Article <br /> <br />II, <br /> <br />of <br /> <br />the <br /> <br />Code <br /> <br />of Ordinances of the City of San Marcos, Texas. <br /> <br />WITNESSETH <br /> <br />I. <br /> <br />That <br /> <br />City <br /> <br />has enacted by ordinance a hotel room occupancy tax to <br /> <br />be <br /> <br />levied <br /> <br />upon <br /> <br />the <br /> <br />occupancy <br /> <br />of any room furnished by any hotel or <br /> <br />motel within City. <br /> <br />Pursuant <br /> <br />to <br /> <br />Section <br /> <br />26-21 of <br /> <br />the <br /> <br />Code <br /> <br />of <br /> <br />Ordinances of Ci ty, IIUse of Proceeds ", City does hereby agree to <br />allocate funds from the revenue of said tax to Chamber. The <br />allocation of funds to Chamber is hereby agreed to be 90% of <br />four-seven ths ( 4/7) of the gross of all funds collected from the <br />hote 1 room occupancy tax. Furthermore, it is expressly agreed that <br /> <br />Chamber <br /> <br />shall <br /> <br />be <br /> <br />entitled <br /> <br />to <br /> <br />operating <br /> <br />and <br /> <br />administrative <br /> <br />expenses <br /> <br />incurred <br /> <br />in <br /> <br />fu 1 fill i ng <br /> <br />Chamber's responsibilities <br /> <br />under <br /> <br />this <br /> <br />Ag reemen t. <br /> <br />Said <br /> <br />opera ti ng <br /> <br />and <br /> <br />administrative <br /> <br />expenses <br /> <br />shall <br /> <br />not <br /> <br />exceed <br /> <br />fifteen <br /> <br />percent <br /> <br />( 15% ) <br /> <br />of <br /> <br />the <br /> <br />total <br /> <br />allocation of such funds collected from the hotel room <br /> <br />occupancy <br /> <br />tax <br /> <br />and received by Chamber. <br /> <br />II. <br /> <br />Chamber <br /> <br />hereby agrees to expend said funds for the activities set <br /> <br />out in Section 26-21 of the Ordinance. <br /> <br />Those activities shall <br /> <br />include <br /> <br />advertising for general promotion <br /> <br />and <br /> <br />tourism <br /> <br />for <br /> <br />the <br /> <br />City of <br /> <br />San <br /> <br />Marcos <br /> <br />and <br /> <br />its <br /> <br />vicinity <br /> <br />and <br /> <br />conducting <br /> <br />a <br /> <br />solicitation <br /> <br />and <br /> <br />operating program to attract- <br /> <br />conventions <br /> <br />and <br /> <br />visitors <br /> <br />to the City. <br /> <br />Chamber further agrees to make such expenditures in <br /> <br />conformance <br /> <br />with <br />