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HomeMy WebLinkAbout2005-01-03 - Eastmont Metropolitan Park District - General Agreements / General Service AgreementsCITY OF EAST WENATCHEE AND EASTMONT METROPOLITAN PARK DISTRICT HOTEL/MOTEL (STADIUM) FUNDS AGREEMENT WHEREAS, the Eastmont Metropolitan Park District, hereinafter referred to as the "EMPD," has requested the City of East Wenatchee, a municipal corporation, hereinafter referred to as the "City," to contribute Hotel/Motel Tax Dollars to the EMPD for purposes of promoting tourism in the East Wenatchee area; and WHEREAS, the City Council; after the Tourism Advisory Committee reviewed the application from the EMPD for the terms listed in paragraph one, is allocating an amount of $4,500; and WHEREAS, the activities of the EMPD involve hosting various tri-county, State-wide, and Regional youth tournaments and specials events; and WHEREAS, the City Council desires to promote tourism and believes that the benefits to be derived from the promotional activities of the EMPD are in the best interest of the City, now, therefore, This Agreement is made this �V day of JA,JuW1 , 2005, by and between the City and the EMPD. Terms. The City hereby agrees to pay the sum of Four Thousand Five Hundred Dollars ($4,500) to the EMPD for the purpose of paying for the installation of additional electrical service for special events vendors, necessary to elevate the facilities to a level that will attract State-wide interest, thereby encouraging and attracting visitors and tourism. The EMPD warrants that said funds will only be used for the purposes described in the EMPD Hotel/Motel Tax Allocation Application for 2005. The City will disburse the funds in one installment of $4,500, in April 2005, when billed. 2. Audit. The EMPD shall provide the City Treasurer with a written annual statement, including a year-end accounting, indicating how the EMPD has spent its money for 2005. Breach by EMPD. In the event the EMPD should breach any provision of this Agreement, the City may withhold payment of any funds not already paid. Said breach shall be remedied within ten (10) days after written notification by the City or the obligation to pay under this Agreement shall expire. In the event the EMPD does not comply with the provisions of this Agreement, or expends funds for other than the purposes described in paragraph one of this Agreement, said funds shall be repaid to the City together with interest at the rate of twelve percent (12%) per annum. The EMPD agrees to pay all the City's costs and expenses incurred in enforcing the terms of this Agreement, including, but not limited to reasonable attorney's fees. 4. Notices and Audit Information. Notices and audit information to the City shall be mailed or delivered to: Linda J. Countryman, City Treasurer City of East Wenatchee 271 Ninth St NE East Wenatchee WA 98802 Notices and audit information to the EMPD shall be mailed or delivered to: Dave Schwab Eastmont Metropolitan Park District 255 N Georgia Ave East Wenatchee WA 98802 DATED this 3r7 day of 12005. EASTMONT METROPOLITAN PARK DISTRICT i By: CITY OF EAST WENATCHEE St�n J. Lacy,MJyor ATTEST: Dana Barnard, City Clerk