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HomeMy WebLinkAbout0068_0066TEE STATE OF TEXAS X X KNOW ALL MEN BY THI SE. PRESENTS: CODUTY OF WILLIA.1ISO41 X THIS AGREEMENT is entered into on the day below written by and between the City of Georgetown, Williamson County, Texas hereinafter called "City" and the Greater Georgetown Area Chamber of Conri-erce, a non-profit corporation, with its offices in Georgetown, Williamson County, Texas hereinafter called ` Y "Chamber" as ,follows: I. In accordance with authorization under an amendment to the Hotel OccuFancy Tax Ordinance, such amendment having been approved and adopted by the City'on the Second and Final reading on the 14th day of August 1984, the City does hereby agree and contract to pay over to the Chamber each month a sum equal to forty three percent (43T) of the net proceeds collected each month under the Hotel Occupancy tax by the City and within ten (10) days following the last day of each month and hereby authorizes the City Tax Assessor -Collector to flay such amount each nonth beginning in the month of October, iF34. II. It is understood that the City enters into this contract with Chamtter under its power to contract the functional and administrative work of expending said monies for said public purpose, and it is understood that said ordinance and this contract constitute Chamber the City's contractor for the Perforr^ance of said work. III. The Chamber agrees and contracts to receive, conserve and expend said funds by and through the direction of its Board of Directors and to use its special knowledge facilities and experience for the purpose of advertising or promoting the tourist and convention industry of the City and its extra territorial jurisdiction and to include but not necessarily limited to the followina: newspaper, radio, television and magazine advertising, brochures, folders and other literature distributable to tourist and convention organizers, activities to attract tourists and conventions, reasonable and necessary travel e>renses incurred therefor, reasonable overhead expenses and other advertising and promotional activities for such purposes. 247 :!f