1992-188 - Laserfiche WebLink

Home Browse Search

AGREEMENT DESIGNATING THE CIWNBER-OF COMMERCE AS TiIE OFFICIAL COUNTY TOURIST BUREAU 'THIS AGREEMENT entered Into the 17th clay of Januar 1989, by and between the Inclian lMer County 8o5fa-oT-rouhty Commissioners, by and through their advisory Tourist Development Council (hereinafter referred to as "Council") and the Vero Beach-Indlan River County Chamber of Commerce, through Its Tourist Council (hereinafter referred to as "Chamber"). W I T N E S S E T H NlIIEREAS, on March 10, 1987 the voters of Indian River County approved a Tourist Development Tax and the creation of two taxing districts within which the Tourist Development Tax Is Imposed; and WHEREAS, a Tourist Development Plan for each district with regard to specific revenues and expenditures has been established for the first 24 months following the levy of the tourist Development Tax; and WHEREAS, the approved Plan provides for $30,000.00 worth of tourist tax revenues to be provided to the Chamber of Commerce for tourist information services out of District 1 revenues: and WHEREAS, the Council and the Chamber wish to formalize their relationship by contract; and WHEREAS, CouncI-I is authorized by Indian River County Ordinance Section 21-253(x)(3)and by Florida Statute 125.0104(5)(a)3 to fund convention bureaus, tourist bureaus, tourist Inforellition centers and news bureaus by contract with the chambers of commerce in the county; NOW, THEREFORE, In consideration of the mutual covenants and promises herein contained, the parties agree as follows i. The Chamber is hereby designated as the official Tourist Bureau of Indian River County. 2. Tourist Tax revenues in tire amount of $7,500.00 have been disbursed to tiie Chamber by the City of Vero Beach from the District 1 Tourist Development Tax revenues. 3. Tourist Development Tax revenues in the amount of $22,500.00, which •sum represents .the undistributed balance of revenues planned for distribution to the Chamber of Commerce under the Tourist Development Plan adopted March 10, 1987 shall be distributed directly to the Chamber from District 1 tax revenue funds by Council for the balance of the 2 -year tourist Development Plan period, i.e., the period until April 1, 1989. 4. Council agrees that the revenues distributed to Chamber may be utilized for the following listed programs: a. Citrus advertising program for toll free number, to the extent and proportion that Inquiries received [EXHIBIT "A"