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HomeMy WebLinkAboutC2011-262 - 7/26/2011 - NAPage 1 of 1 AMENDMENT NO. 1 TO THE AGREEMENT BETWEEN THE CITY OF CORPUS CHRISTI AND SOUTH TEXAS INSTITUTE FOR THE ARTS ( "RECIPIENT ") (HOTEL OCCUPANCY TAX REVENUE RECIPIENT AGREEMENT) IN FY 2010 -2011 The State of Texas County of Nueces KNOW ALL BY THESE PRESENTS: Whereas, the City of Corpus Christi and South Texas Institute for the Arts executed an agreement for use of $90,600 of Hotel Occupancy Tax Revenue ( "HOT revenue ") in City fiscal year 2010 -2011; Now, therefore, City and Recipient agree to amend the Agreement as follows: Section III of the Agreement regarding "City's Duties" is amended to revise amount of HOT revenue to include an additional $27,413.00 in HOT revenue, for revised total of $118,013.00 in HOT revenue to be provided by City to Recipient in City fiscal year 2010 -2011. 2. All other terms and conditions of the previously executed Agreement between the parties which are not inconsistent herewith shall continue in full force and effect. 3. This Amendment No. 1 is effective upon date of last signature. Executed in duplicate, each of which will be considered an original, on the day of Jul? , 2011 by authorized representatives of each party. CITY O RPU C I Ronald lson, City Manager APPROVED: -; o , 2011 -.✓tom• Az Lisa Aguila ssistant City Attorney For City Attorney South Texas Institute for the Arts In�R r_hank 2011 -262 Date APiatMi'OO ChAPA. C11Y SECRETAR Date: - 711a 16 07/26/11 So. Tx Inst. For the Arts HALEG- DIRTisa12011 bU€)GET+Amendment No. 1 to 2011 Hotel Tax Recipient Agmt-Art Museum. doc INDEXED