Res 1979-079 - Laserfiche WebLink

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~ I I I I 7-", "..~ .~ EXHIBIT A STATE OF TEXAS CONTRACT FOR SERVICES COUNTY OF HAYS KNOW ALL MEN BY THESE PRESENTS: That the City of San Marcos, Texas, a municipal corporation, existing by and under the laws of the State of Texas, acting through authority conferred on its Mayor, John A. Hansen, by Resolution 79- adopted December 17, 1979, hereinafter "Ci ty;' and the San Marcos Chamber of Commerce hereinafter 'Chamber" acting by and through its President, Hollis Smith, enter into this agreement pursuant to the terms and provisions of Chapter 26, Article II,of the Code of Ordinances for the City of San Marcos, Texas. WITNESSETH I That City has enacted by ordinance a hotel room occupancy tax to be levied upon the occupancy of any room furnished by any hotel within City. Pursuant to Section 26-21, "Use of Proceeds", City does hereby agree to allocate funds from the revenue of said tax to Chamber. The allocation of funds to Chamber is hereby agreed to be ninety percent (90%) of the gross of all funds collected from the hotel room occupancy tax. Furthermore, it is expressly agreed that Chamber shall be entitled to operat- ing and administrative expenses incurred in fulfilling Chamber's responsibilities under this contract. Said operating and administrative expenses shall not exceed fifteen percent (15%) of the total allocation of such funds collected from the hotel room occupancy tax to be received by Chamber. II Chamber hereby agrees to expend said fund for the activities set out in Section 26-21 of the Ordinance. Those activities shall include advertising for general promotional and tourist advertising of the City of San Marcos and its vicinity, and conducting a solicitation and operating program to attract conventions and visitors to the City. Chamber further agrees to submit a semi-annual budget to City requesting funds avail- able from the revenue of said tax. Such budget presentations shall include a report of activities and expenditures from previously allocated funds. III It is hereby agreed that a Tourist Development Committee shall be formed to serve as an advisory committee to Chamber and no funds allocated from said tax shall be expended without the advice and consent of said committee. The membership of the committee is agreed to be five (5) persons who shall serve for the duration of this agreement. It is specifically agreed be- tween the parties hereto that two (2) members shall be appoint- ed by the City Council of City, and two (2) members shall be appointed by the Board of Directors of Chamber. The fifth (5th) member shall be selected by the four (4) appointees. The City Manager of City and Manager of Chamber shall be ex-officio members of the Committee.