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HomeMy WebLinkAboutResolution - 6190 - Amendment To License Agreement - Maria Elena Holly - 02/11/1999Resolution No. 6190 Item No. 18 February 11, 1999 RESOLUTION NOW, THEREFORE, 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 an Amendment to a License Agreement between the City of Lubbock and Maria Elena Holly, attached hereto, which Amendment 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 11th day of February , 193• 9 f1NADYsW6-A',—MAf0R ATTEST: Kaythi arn40tyecretary APPROVED AS TO CONTENT: Tommy Go alez, D ecto f Civic Services APPROVED AS TO FORM: onald G. Vandiver, First Assistant City Attorney cr: ccdocs/LicenseA,greeMHolly.doe December 7, 1998 THE STATE OF TEXAS COUNTY OF LUBBOCK § AMENDMENT WITNESSETH: Resolution No. 6190 Item No. 18 February 11, 1999 WHEREAS, the City of Lubbock (hereinafter called "City") and Maria Elena Holly, (hereinafter called "Licensor") did heretofore on the 22nd day of September, 1994, enter into a License Agreement wherein Licensor granted to City a license for certain rights with regard to the use of the name, character, likeness and, in certain instances, visual representation of Charles Hardin Holley (`Buddy Holly") in exchange for various considerations; and WHEREAS, Licensor and the City mutually desire to amend said License Agreement with regard to the royalty to be paid Licensor; NOW THEREFORE: THE CITY AND LICENSOR HEREBY AGREE AS FOLLOWS: SECTION 1. Paragraph 8, Section A, of the September 22, 1994, License Agreement between the City and Licensorq. shall be amended to read as follows: A. Rate: Licensee shall pay to Licensor a royalty of fifteen (15%) of gross sales (exclusive of sales taxes) on each souvenir item sold pursuant to the provisions of this Agreement. SECTION 2. All provisions of the said September 22, 1994, License Agreement not amended herein shall remain as originally written and shall be of full force and effect. This Amendment to the September 22, 1994, License Agreement between the City and Licensor is executed this lit:bday of February '1999. LICENSOR: *RILENA HOLLY LUBBOCK:CITY OF 1 !WfND&YSITf. MZA A EST: Jayt City Secretary APPROVED AS TO CONTENT: Tommy Gogzalez, DiYectoPof Civic Services APPROVED A5 TO FORM: G41A� Donald G. Vandiver, First Assistant City Attorney ddcon/Hollyamen.doc February 1, 1999