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HomeMy WebLinkAboutResolution No. 2010-036CITY OF THE COLONY, TEXAS RESOLUTION NO. 2010- 0�5& A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS, AUTHORIZING THE CITY MANAGER TO EXECUTE A FUNDING AGREEMENT WITH THE COLONY CHAMBER OF COMMERCE FOR THE 2010 PIRATE DAYS EVENT; PROVIDING AN EFFECTIVE DATE WHEREAS, the Colony Chamber of Commerce is hosting a Pirate Days festival to be held at Stewart Creek Park in October of 2010; and, WHEREAS, the Colony Chamber of Commerce has requested the City grant Hotel Occupancy Tax funds in the amount $45,000 for the event; and, WHEREAS, the City believes the festival will promote and attract conventions and tourism within the City, as well as benefiting its citizens and local businesses; and, WHEREAS, the City Council has determined it to be in the City's best interest to authorize the use of Hotel Occupancy Tax Funds and to authorize the city manager to execute a Funding Agreement in the amount of $45,000 for this purpose. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: Section 1. That the City Council of the City of The Colony, Texas hereby authorizes the city manager to execute a Funding Agreement with The Colony Chamber of Commerce in the amount of $45,000 from Hotel Occupancy Tax Funds to promote and enhance tourism in the City through the 2010 Pirate Days event. Section 2. That this resolution shall take effect immediately from and after its passage. PASSED AND APPROVED by the City Council of the City of The Colony, Texas, this 20th day of April, 2010. UG - JcCourrf, Mayor of The Colony, Texas T ST: CrIstie Wilson, TRMC, City Secretary ROVED AS RM: Jeff Mo e, City Attorney "6