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<br />1 <br /> <br />I <br /> <br />I <br /> <br />F. The Chamber shall provide a quarterly briefing to the City Council, through the Chamber <br />Board Chair and President, in connection with each quarterly report provided under subsection E <br />above, to elaborate on the written information, respond to questions, seek City Council input on <br />specific prospects, and facilitate participation by City officials in specific initiatives. The report shall <br />be presented to the City Council in executive session, to the extent needed to protect the <br />confidentiality of information from business prospects in accordance with the Texas Open Meetings <br />Law. <br /> <br />G. The Chamber shall cooperate with and assist the Board in providing information, <br />assembling and preparing the performance report required to be prepared and evaluated by the Board <br />and presented to the City Council under Section 2.1 below. <br />H. A chart depicting the organizational structure and reporting relationship of the Chamber, <br />the Board and the City is attached to this Agreement as Exhibit B. <br />I. The Chamber shall not discriminate against any person, firm or organization in connection <br />with this Agreement on the basis of ability to pay, age, sex, disability, race, nationality, or religion. <br />J. The Chamber shall not assign any interest in this Agreement nor delegate the performance <br />of any of its duties without the prior written consent of the City. <br />2. MINORITY ECONOMIC DEVELOPMENT AND TOURISM DEVELOPMENT BOARD <br />A. The Board will advise and provide oversight for the Chamber's performance under this <br />Agreement. <br />B. The Board shall be responsible for reviewing and making a recommendation to the City <br />Council on approval of the budget for this Agreement and for any extension or renewal of this <br />Agreement. The budget shall contain an itemization of proposed expenditures for office space, <br />personnel, equipment, supplies, vehicles, and other expenses to be incurred by the Chamber in <br />performing this Agreement. <br />C. The Board shall monitor expenditures of ED Funds provided to the Chamber by the City <br />under this Agreement for conformity to the budget. The Chamber shall provide to the Board an <br />itemized monthly report of the Chamber's expenditures of ED Funds to facilitate review by the <br />Board. <br />D. Purchases made with ED Funds which exceed $1000 in amount shall be made from the <br />low responsible bidder, and at least three bids shall be obtained for each such purchase. Purchases <br /> <br />3 <br />