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<br /> 9'5D <br /> Page 5 <br /> employees responsible for activities under this Agreement. <br /> G. The Board and the Chamber shall each designate two (2) <br /> officers authorized to co-sign checks written on all accounts for <br /> CVB funds, and the signature of at least one official of each <br /> - -- <br /> organization shall be required on all checks written on accounts <br /> for CVB funds. <br /> H. The Board and the Chamber shall give advance public notice <br /> of meetings of the Board, and shall allow members of the public to <br /> . <br /> attend these meetings. <br /> 4. <br /> FUNDING FOR THE ARTS <br /> A. The city specifically stipulates and the Chamber hereby <br /> ~ <br /> agrees that eleven percent (11%) of the annual amount of all funds <br /> collected by city and paid to Chamber under this Agreement from the <br /> hotel occupancy tax will be allocated by the Chamber annually to <br /> funding for the arts as set out in section 351.101(a) (4) of the <br /> Texas Tax Code. No funds under this Agreement will be awarded to <br /> any taxing unit as that phrase is defined in section 1. 04 of the <br /> , <br /> Texas Tax Code. <br /> B. The Board shall develop guidelines regarding the process <br /> for allocation of these funds to specific persons, organizations <br /> and events. A copy of the guidelines shall be provided to the <br /> City, and to any person applying for an allocation of arts funding. <br /> 5. <br /> TERM; TERMINATION <br /> A. The term of this Agreement shall be from October 1, 1993 <br />