HomeMy WebLinkAboutM1991-219 - 07/30/1991Motions - 7/30/91
31.
Motion authorizing the City Manager or his designee to amend the City's contract
with the Corpus Christi Area Convention and Visitors Bureau to include the
following changes: (1) the total payment for the 1991-92 fiscal year will be
increased to $1,625,000, with payments in future years to be subject to a funding
formula; (2) the City Manager or his designee will have authority to alter the
monthly schedule of payments allowing the City to make smaller payments in some
months and larger payments in other months rather than dividing the total annual
amount equally among the months; (3) the City will require the Bureau to report
semi-annually rather than quarterly; and (4) the contract will be extended from
March 31, 1993 to March 31, 1996 with automatic renewal of the contract every three
years.
M91-219