HomeMy WebLinkAboutResolution - 5465 - Cooperative Agreement - Lubbock Arts Alliance Inc - Economic Impact Study - 04_10_1997RESOLUTION NO. 5465
Item #36
April 10, 1997
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to
execute for and on behalf of the City of Lubbock a Cooperative Agreement, attached herewith,
by and between the City of Lubbock and Lubbock Arts Alliance, Inc., and any associated
documents, which Agreement shall be spread upon the minutes of the Council and as spread
upon the minutes of this Council shall constitute and be a part of this Resolution as if fully
copied herein in detail.
Passed by the City Council this loth day of April , 1997.
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WOZ7
`1T •
MAYOR
ATTEST:
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Kayt Darnell, City Secretary
APPROVED AS TO CONTENT:
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ebra B. Fort6, Ffrst Assistant City Manager
APPROVED AS TO FORM:
Ddnald G. Vandiver, First Assistant
City Attorney
da/ccdocs/ftarts. res
April 1, 1997
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RESOLUTION`'N0. 5465
Item #36
April 10, 1997
THE STATE OF TEXAS
COOPERATIVE AGREEMENT
COUNTY OF LUBBOCK §
THIS AGREEMENT is made and entered into by and between the City of
Lubbock, Texas, (hereinafter called "City") and the Lubbock Arts Alliance, Inc.,
(hereinafter called "LAA"), all acting herein by and through their duly authorized officers
and officials.
WHEREAS, it is recognized that the arts and cultural climate of a city contribute
to the desirability of a city by attracting new residents and new businesses to the area and
thus has an impact on the local economy; and
WHEREAS, LAA plans to conduct an economic impact study of the level of
impact that the arts are having on the Lubbock economy; NOW THEREFORE:
The parties hereto mutually agree that financial assistance shall be provided by the
City to LAA and accepted by LAA for the purpose of conducting an economic impact
study of the level of impact that the arts are having on the Lubbock economy upon the
following terms and conditions, to -wit:
1. CONTRIBUTION. The City shall contribute a total sum of $1,850.00 to
LAA to be used in conjunction with this project.
2. ENTIRE AGREEMENT. This instrument constitutes the entire
Agreement between the parties hereto, and this instrument may be altered, changed or
amended only by written agreement of the parties.
3. TERM. In the event that LAA has not completed the economic impact
study within six months of the signing of this Agreement, this Agreement shall become
null and void and of no effect and the amount of $1,850.00 shall be reimbursed to the
City.
4. STUDY. A copy of the completed economic impact study shall be filed
with the City Secretary of the City of Lubbock upon completion.
i
EXECUTED this
day of , 1997, in Lubbock, Texas.
LUBBOCK ARTS ALLIANCE, INC.:
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ATTEST:
Corporate Secretary
da/cityatt/lbkarts.doc
April 1, 1997
CITTOF • : : • • i
J YF
WINDY U•
MAYOR
ATT ST: ~
Kayl
Darnell, City Secretary
APP OVED AS TO CON T:
WA 10
Debra B. Forte, First Assistant
City Manager
APPROVED AS TO FORM:
D Wald G. Vandiver, First Assistant
City Attorney
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