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HomeMy WebLinkAboutResolution - 6140 - Amendment To Agreement - Civic Lubbock Inc. - 12/16/1998Resolution No. 6140 Item No. 36 December 16, 1998 RESOLUTION 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 an Agreement dated September 24, 1998, between the City of Lubbock, Texas and Civic Lubbock, Inc. and all related documents. Said Agreement is attached hereto and incorporated in this Resolution as if fully set forth herein and shall be included in the minutes of the Council. Passed by the City Council this 16th day of December '1998. Y SITTQN, MAYOR `ATT ST: KaythD arnell, City Secretary APPROVED AS TO CONTENT: Tommy GAizalez, Y4ana&g Director of Civic Services APPROVED AS TO ALS:dk/Civic Lubb.Amend.RES ccdocs/December 8, 1998 Resolution No. 6140 Item No. 36 December 16, 1998 AMENDMENT TO AGREEMENT BETWEEN THE CITY OF LUBBOCK, TEXAS AND CIVIC LUBBOCK, INC. THIS AMENDMENT entered into this 16th day of peeember , 1998 by and between the City of Lubbock, a Texas home rule municipal corporation (hereinafter called the "City") and Civic Lubbock, Inc., a Texas non-profit corporation (hereinafter called "Corporation"). WHEREAS, the City and Corporation entered into an agreement dated September 24, 1998 (hereinafter called the "Agreement"); and WHEREAS, the parties find that it is in their best interest to amend the Agreement. NOW THEREFORE, for valuable consideration, the parties agree as follows: Section 1. THAT Paragraph 8 of the Agreement is hereby amended to read as follows: The Corporation agrees to use its best efforts to foster, promote and present cultural and educational programs, attractions and entertainments for the general intellectual and physical improvement and welfare of the people of the City of Lubbock and the surrounding area which shall add to the quality of life of the citizens of the City of Lubbock in accordance with the Corporation's charter. This will include, but is not limited to, sponsoring and/or contracting for such programs, attractions, and entertainments and matters incidental hereto, including, but not limited to, the Walk of Fame and Terrace projects, development and implementation of a local grant program for events held in the Civic Center and Auditorium -Coliseum, sponsorship and co- sponsorship of national touring productions and events held in the Lubbock Memorial Civic Center and Lubbock Municipal Auditorium -Coliseum, and public art programs in or on property owned by the City of Lubbock. In consideration of these expanded activities, the City will transfer a one time lump sum payment of Seventy -Thousand Nine Dollars and 86/100 ($70,009.86) which comes from the funds previously held by METTS, Inc. to fund the Walk of Fame, local grant program and national touring show sponsorships. Thereafter, all monies required to continue these functions shall be generated from the profits of the concession operations and/or any profits generated through the presentation of these events. Furthermore, Corporation agrees to use its best efforts to make maximum use of the Lubbock Memorial Civic Center and the Lubbock Municipal Auditorium -Coliseum. Section 2. Except for the modification made in Paragraph 8 of this Amendment, all provisions of the Agreement will continue in full force. Section 3. This modification will become effective upon the date this Amendment is signed. SIGNED this 16th day of December '1998. CITY OF LUBBOCK: IJ ;I/A/ / L � � - - ATTEST: I wu I[,/, I&" i ]A Ka a Darnell, City Secretary APPROVED AS TO CONTENT: Tommy Golizalez, WanagOig Director of Civic Services APPROVED AS TO FORM: Amy L s, Assis t City Attorney CIVIC LUBBOCK, INC. ATTEST: 0 fArw cretary - i, AMENDMENT TO AGREEMENT CITY OF LUBBOCK AND CLI PAGE --2