HomeMy WebLinkAboutM1992-043 - 02/18/1992Motions - 2/18/92
16.
Motion authorizing the City Manager to execute an amendment to the agreement
with the Corpus Christi Area Convention and Visitors' Bureau (CVB) providing: (1)
CVB shall coordinate location, development and operation of the U.S.S. Lexington
as a Naval Aviation Museum; (2) City shall deduct from CVB funding sums to pay
debt service on $3,000,000 in Certificates of Obligation; (3) CVB shall pay from its
City funding any operating deficit or cost of terminating the Lexington lease; and (4)
extending the agreement to March 31, 2012, substantially as specified in the
amendment on file with the City Manager.