Res 2015-129/CVB Contract - Laserfiche WebLink

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Board's recommendation of amendments to the budget, create a fiduciary duty in the Chamber with respect to the CVB Funds provided by the City to the Chamber under this Contract. All expenditures of CVB Funds shall be subject to monitoring by the CVB Advisory Board under Section 4.C. below. C. Reports. Within 30 days after the end of each month during the Term of this Contract, the Chamber shall submit a report in electronic forinat to the City Clerk, with a copy to the City Manager and the City Finance Director, describing the activities and expenditures resulting from the CVB Funds allocated during the previous one month period. D. Event Reports. Should the CVB, or the Chamber, fund an event which generates visitors to the community with CVB Funds, the Chamber shall submit a completed "Post Event Report Form" in the format approved by the City. E. Funding Requests. On or before July 15 of each year preceding the fiscal year for which City funding is requested, the Chamber will develop and submit to the City for review and approval by the City Council, any changes or additions to the proposed scope of general promotional and tourist advertising for the City of San Marcos and solicitation and operating programs to attract visitors, minority tourists and conventions to the City and a proposed budget for the fiscal year. F. River Impact Survey. The CVB shall conduct a hotel /motel survey that will examine the impact of the San Marcos River on the City's hotel occupancy rates. City staff will work with the CVB to develop the survey instrument and the procedures as to how the survey will be administered.