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7. The City agrees to provide the Chamber with the technology support <br />services as described and at the fees and costs stated in Exhibit B, Scope of Services and <br />Fee Schedule, which is incorporated herein by reference for all purposes. The City may <br />deduct from payments due the Chamber each month under paragraph I. B an amount <br />equal to the charges incurred by the Chamber for the technology support services <br />provided by the City during the previous month. <br />IV. CONVENTION AND VISITOR BUREAU ADVISORY BOARD <br />A. The CVB Advisory Board will monitor the Chamber's performance under this <br />Contract. <br />B. The CVB Advisory Board shall be responsible for developing and making a <br />recommendation to the Chamber Board for approval of the budget for this Contract and for any <br />extension or renewal of this Contract before the Chamber submits the budget to the City Council. <br />The budget shall contain an itemization of proposed expenditures for office space, personnel, <br />equipment, supplies, vehicles, and other expenses to be incurred by the Chamber in performing <br />this Contract. <br />C. The CVB Board shall monitor expenditures of CVB Funds allocated to the <br />Chamber under this Contract for conformity to the budget. The Chamber shall provide to the <br />CVB Board an itemized monthly report of the Chamber's expenditures of Tourism Funds to <br />facilitate review by the CVB Board. <br />D. Purchases made with CVB Funds which exceed $1,000.00 in amount shall be <br />made from the low responsible bidder, and at least three bids shall be obtained for each such <br />purchase. Purchases made with CVB Funds shall not be restricted to Chamber members. <br />5 <br />