Res 1997-147 - Laserfiche WebLink

Home Browse Search

Page 2 and cultural events in San Marcos. The Chamber will ensure that the mission of the Hispanic Chamber under the contract is to serve as a connection to local, national, and international Hispanic markets to promote the City of San Marcos as a prime tourist destination. The Chamber will accomplish this mission through the following activities: 1. Coordination and support of special cultural events that target the Hispanic market. 2. Provide the Hispanic market access to information on all community events. 3. Maintain a full-time staff to assist in coordination of activities with the San Marcos Convention and Visitors Bureau. 4. Utilize the Texas Business Center and the Internet to promote the City of San Marcos to the Hispanic market. B. The Chamber shall make these expenditures in conformance with and in proportion to the Chamber Tourism and Cultural Events budget for 1997-98 which is marked Exhibit "A" and attached to this Contract for all intents and purposes as though fully set out herein. The Chamber acknowledges that the City's approval of this budget creates a fiduciary duty in the Chamber with respect to the revenue provided by the City to the Chamber under this Contract. C. The Chamber shall submit to the City a report at least quarterly of activities and expenditures resulting from previously allocated CVB funds. 3. EXPENDITURE RESTRICTIONS; BOARD MEETINGS A. Purchases made with Tourism Funds which exceed $1000 in amount shall be made from the low responsible bidder, and at least three bids shall be obtained for each such purchase. Purchases made with Tourism funds shall not be restricted to Chamber members. Members of the Chamber's Board of Directors (the "Board") shall not have an ownership interest in any company from which a purchase or purchases of $7,500 or more annually are made with Tourism funds. Chamber Board members shall disclose any private interests they