HomeMy WebLinkAboutAgenda Statement 1972/07/18 Reso 6518July 18, 1972
Resolution 6518
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Staff Commentary on Agenda Item No.
CIiULA VISTA CITY COUNCIL MEFTINTG OF July 18, 1972
Item Title: RESOLUTION - Approving Agreement between City of.
Chula Vista and Chula Vista Visitors and Convention
Bureau, Inc. for Advertising and Promotional Services
f_or fiscal year 1972-73
Initiated by:
City Attorney
Attached is a copy of Resolution. [ ] Ordinance [ ] Agreement [ ] Plat [ ]
Background:
At budget session the City Council appropriated the sum of $13,590.00
for the Chula Vista Visitors and Convention Bureau, Inc. In order to
properly authorize the expenditure of said funds, an agreement has
been prepared and executed by the Visitors and Convention Bureau.
General operating expenses, amounting to $5,949.00 are to be paid
by the City on a quarterly basis, $1,487.25 per quarter. The balance
of the money is to be used for special projects and advertising expenses
on a matching funds basis. In order to facilitate savings, the Bureau
has requested that the City might, in some circumstances, advance monies
which would be matched in the latter part of the year, rather than on
a current or monthly basis.
The agreement is in order and available for approval of the Council.
See EXHIBITS [ ] No.
Financial
Statement
N/A
Commission-Board
Recommendation: N/A
Department Ile ad.
Recamn~l~nd:it~_on
Approval
City ;•7anacler
Re commc n ci ~i t~.. on
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