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HomeMy WebLinkAboutHUNTINGTON BEACH CHAMBER OF COMMERCE - 1968-11-04? ra• A ORIGINAL COPY N for Master Fle i BIE TURNW �13NTl WITH CHAMBER OF COMMERCE `1 U CITY CLERK U IS AG, REEMENT is made and entered into by and between the City' of H;_-,tington Beach, a municipal, corporation, hereiiaaft'er _ referred to as °° City"°, and the Huntington Beach Chamber of Commerce, d nonprofit California corporation, hereinafter referred to as "Chamber" ` this /,Z 7-+ day of 1968 , at Huntington .Beach, California. RECITAL'S WHEIREAS , a need exists for the generation of additional 1'=,Ix base .40r City; and 1M'HE, IAS, an effective method for the generation of soh additional two ]lase is the promol.ill of business develo ment in .Cit and r r WBZR*EASj the need has existed and continues to exist in K City for the services of a full -tame economic development director to conduct a program of economic development within the framework .,of } policies and procedures to be established by Chamber and (�itv: and F ti irVHEREA. such program should be concerned in five general areas of activity, namely; ` E A. Service to'existing business and irdust:y. B. Activity designed to stimulate a d Lacilitate the F , development of locally sponsoredIndustry. C.,` Programs designed to attrm.ict industrial, commercial and service -oriented businesses fror^ outside Huntington Beach. (r D. Staff assi-stance in-gidding the con Liitted developer r r tiii'o the manor City departmentz and regulations E. Convention and tourist;promotions, /- - e. / o t ' i..oQ �,.jv � 7 I (11' •"l .. Ir purposes embodied in this agreement is appropriate. AGREFME .N T THEREFORE, IT IS MUTUALLY AGREED by and between City and. Chamber as follows . The tern'of this agreement shall be one (1) year from Jan nary 1, 1.969, ;which said term may be extended. from year 'to year byn atual agreement of the part: es. 1 . - 2. The hereinabove recitals are incorporated by reference hereLn and. made a ;part hereof. I 3. An economic liais=rn committee is hereby created, A consisting 6f four (4) peg pi -ions, a._�mely The Maj or of City, the city f --inist ator of ,City, the president of Chamber, and the manager of Chamber. Chamber shall employ a full-time economic level- 1 opment Wk:kector hereinafter refe rred to as "Director", to conduct the program, within_ the framework of policies and. proced- ures establis4hed by Chia beLrs and under the direct supervision of Chamber, 5,. Mo?ath3:y weetingsf!of the Economic Lia eon Comu►i+tee ; shall be called by Dire tor, to evaluate the progr . ;3,s of the' . _. "{ program and to provide a method of communication between Ohamlper y f and City relative to this program. Ei. All reasonable and necesaary expenses incurred by Chamber in carrying out the program shall be reimbursed monthly. to Chamber, ( sub jedt the limitations herein provided �,�n f paragraph 9 hereof) , ` Ali such expenses shall be submitted `~ by Comber by, voucher to G tZ, and shall %.olude direct axpenses and indirect expenses allocable t,, the program in accordance 1� with recognized a�otantir�,g practice. 2.. . e 7. An Economic Developm nt Committee, utilizing key representatives of established local industries, utilities, financial incstitutions, and other interested indivWuals, will be created and appointed by Chamber, which will function as the working group of Chamber to carry out the proposed program. 8. No cost or expanses shall be assessed for any phase of the program unless it is actually undertaken. 9. The full ainou.nt of funds from the Music and Promotion. Fund- of the Cif allocated by this agreement is the s13m of Nii.eteen Thousand Six Hundred Doll- 1 , 600. 00) , and in no. case shall more than such sum be expended here:;-n er. 10. Each party WE -h-- s agreement hereby promises and agrees to give mutual al.d and assistance to:,each other party to this agreement in carrying out the full intent and .,purpose of this agreement. This agreement maybe cancelled at any time by mutuaY written agreement of the parties, apd this agreernont may be cancelled at any time by either party hereto upon the giving of sixty (60) days written notice to the other hearty. EXECUTED on the, date .and at the place first ab e written. CITY NTINGTQ.P BEAC B HUNTINGTON BEACH CHAMBER OF COMMERCE. AT'r 'C: City Cle RP,ggVZD AS, TO FOR:'d ; "-; J