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Res 1993-164
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Res 1993-164
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7/5/2007 3:20:52 PM
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7/5/2007 3:20:52 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Contract
Number
1993-164
Date
9/27/1993
Volume Book
112
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<br /> 15E <br /> Page 6 <br /> through September 30, 1994. It is expressly agreed that either <br /> party may cancel this Agreement by tendering written notice to the <br /> other. Upon expiration of thirty (30) days from the date of the <br /> written notice or any date specified after thirty (30) days from <br /> the date of the notice, this Agreement shall be terminated. <br /> B. Any funds allocated to the Chamber by the city which are <br /> unencumbered or unexpended on the effective date of the termination <br /> of this Agreement shall be remitted to City on or before the <br /> expiration of thirty (30) days from the date of the termination. <br /> 6. <br /> CONSTRUCTION <br /> This Agreement shall be construed in accordance with the laws <br /> ~ <br /> of the State of Texas, and in particular Chapter 351 of the Texas <br /> Tax Code. <br /> 7. <br /> The Chamber shall keep its equipment, supplies, vehicles and <br /> other assets separate from those purchased with hotel occupancy tax <br /> funds and to be used in the perfor~ance of this Agreement. The <br /> latter shall be inventoried and identified as property of the <br /> Convention and visitors Bureau. Inventory lists shall be provided <br /> by the Chamber to the Board and the City. Subsequently acquired <br /> assets of this nature shall be similarly separated from Chamber <br /> assets, inventoried and identified. <br />
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