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HomeMy WebLinkAboutReso 1972-6677RESOLUTION N0. ~~~~ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING SECOND AMENDMENT TO THE AGREEMENT BETWEEN THE CITY OF CHULA VISTA AND THE CHULA VISTA VISITORS AND CONVENTION BUREAU, INC. FOR ADVERTISING AND PROMOTIONAL SERVICES FOR FISCAL YEAR 1972-73, AND EXTENDING THE PROMISSORY NOTE SECURING AN INTEREST FREE LOAN IN THE AMOUNT OF $7,500.00, AND AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT The City Council of the City of Chula Vista does hereby resolve as follows: NOW, THEREFORE, BE IT RESOLVED that that certain amendment to the agreement between the CITY OF CHULA VISTA, a municipal cor- poration, and the CHULA VISTA VISITORS AND CONVENTION BUREAU, INC., for advertising and promotional services for fiscal year 1972-73, dated the fifth day of December , 1972, a copy of which is attached ereto and incorporated erein, the same as though fully set forth herein be, and the same is hereby approved. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista be, and he is hereby authorized and directed to execute said amended agreement for and on behalf of the City of Chula Vista. BE IT FURTHER RESOLVED that that certain promissory note, dated the 12th day of September, 1972, executed by the CHULA VISTA VISITORS AND CONVENTION BUREAU, INC., in the sum of $7,500.00 for an interest free loan is hereby payable on demand on or before June 30, 1973. Presented by Approved as to form by 1 i .~ ~ ~ =' ,> ,- eo ge in erg, City torney George D. Lin berg, City Attorney ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF CHULA VISTA, CALIFORNIA, this 5th day of December , lg~ 2 by the following vote, to-wit: AYES : C U un c,c.2m en Hobe 1, Hamilton, Hyde, Egdahl NAPES : C~ uneti.~men ABSENT: C~unc~..~men Scott None !/~~~ ayon a the C~.~y ts~ C u.2a Vti~ a ATTEST 1 ~ ~. ~(. y eh STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, J~NNI~ M~ ~LILASZ, C~,~y C.2enFz c~~ the C~.~y v~ Chula V,~~,~a, Ca.~~.b~nn~.a, DU H~R~13y C~R7I~y ~ha~ the abave and ~c~hego~.ng ti~ a ~u.~2, ~nue and c~nnec~ c~~y a~ and ~ha~ the dame hay nc~x been amended :~~. nepea2ed. IJAT~D: C ~.~ y e rt f2 SECOND AMENDMENT TO AGREEMENT WITH THE CHULA VISTA VISITORS AND CONVENTION BUREAU, INC. FOR ADVERTISING AND PROMOTIONAL SERVICES FOR THE FISCAL YEAR 1972-73 "- THIS AMENDED AGREEMENT, made and entered into this day of , 1972, by and between the City of Chula Vista, a municipal corporation, hereinafter referred to as "City", and the Chula Vista Visitors and Convention Bureau, Inc., a non-profit cor- poration, hereinafter referred to as "Bureau"; W I T N E S S E T H WHEREAS, the City of Chula Vista and the Chula Vista Visitors and Convention Bureau, Inc., have heretofore entered into an amended agreement dated September 12, 1972, which amendment authorized an additional loan of $3,100.00 to the Visitors and Convention Bureau to be paid from the special projects fund established earlier for the purpose of assisting the Bureau, and WHEREAS, said loan, combined with the sum of $4,400.00, in- appropriately expended on a matching fund basis, has been secured by a promissory note in the sum of $7,500.00 on an interest free basis, and WHEREAS, said amendment and the resolution approving said amendment imposed a freeze on all other funding originally established pursuant to that certain agreement dated the 18th day of July, 1972, approved by Resolution No. 6518, and WHEREAS, it is now desired to re-establish the terms and conditions of the original contract of July 18, 1972 and to clearly specify that the $3,100.00 loan was to be deducted from the special projects fund account leaving a balance in said account of $3,320.00, which amount may be utilized on a matching fund basis. NOW, THEREFORE, in consideration of the premises, and for other good and valuable consideration, receipt of which is hereby acknowledged, the parties hereto agree as follows: 1. That that certain agreement, dated July 18, 1972, as approved by Resolution No. 6518, be, and the same is restored in full force and effect. 2. The balance of $3,320.00 remaining in the special projects fund may be expended on a matching fund basis pursuant to the under- standing between City and the Visitors and Convention Bureau. 3. That the balance of monies remaining in the general operating and expenses account may be expended pursuant to the terms and conditions of the original contract. IN WITNESS WHEREOF, the parties hereto have caused this amended agreement to be executed the day and year first hereinabove set forth. THE CITY OF CHULA VISTA CHULA VISTA VISITORS AND CONVENTION BUREAU, INC. 'C-~7~-2~-~ .~''~z2 ~ ~ ,~.,,<T`„ ~ ~ - /%,~j~ j ~=fit -;~-- s ~ Hamilton, Jr., Mayor Clinton D. Matthews, President ATTEST City Cler Approved as rm ~ ~~ ~ / _, . -~ ~`, ~~ _ \ .- ~:i,~' ~.,~_,% ~~-fir'.,-~ -.. /; City Attorney -- ~____ _ , i ~. ,~ --~ ~~ ~ ~ d