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<br /> , 1(C- <br /> - Page 4 <br /> 3 Hotel Industry <br /> 1 San Marcos Area Chamber of Commerce <br /> 1 San Marcos Hispanic Chamber of Commerce <br /> 1 San Marcos Area Council of Neighborhood <br /> Association <br /> 1 Heritage Association <br /> 1 Downtown Association <br /> . . <br /> Appointments to the Board shall be for a term of 1 year, and each appointee shall <br /> be limited to 3 consecutive terms. Past members are eligible for reappointment after 1 <br /> year. At least 10 of the appointees must reside within the city limits of the City of San <br /> . <br /> Marcos, and the remaining 5 appointees may reside outside the city limits. <br /> The City Manager of the City, the President of the Chamber, and the Executive <br /> Director of the Hispanic Chamber or their designees shall be non-voting, ex-officio <br /> members of the Convention and Visitors Bureau Board. <br /> E. Purchases made with CVB funds which exceed $1000 in amount shall be made <br /> 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 /> Members of the Board shall not have an ownership interest in any company from which a <br /> , <br /> purchase or purchases of $7,500 or more annually are made with CVB funds. <br /> F. The Chamber shall obtain the advice and consent of the Board as to the hiring <br /> and firing of management-level Chamber employees responsible for activities under this <br /> Contract. The Chamber President has day-to-day management responsibilities for <br />