Council,
Attached are two blank sample HOT fund agreements I received after speaking with the Texas Hotel and Lodging Association. Attached are also the Chamber agreements for Aransas Pass and New Braunfels, which TML provided to me. In an effort to not incur unnecessary legal fees for the City, I have not provided these to the City Attorney without getting Council input first.
On 4/2, we will be discussing an overall HOT Fund Policy, but also a draft contract, including one for the Chamber. If Council, thinks these are good drafts to work from and would like Brad to take a look prior to the meeting, so we can speed up the process, please let me know. We owe it to all of our partners who work to bring tourism to Lago Vista to get this right, but also to get this established soon. There are others in town, but the Chamber has been particularly patient seeking guidance from the City on this process and I would like to do what we can to get this moving. My goal is we can use the discussion board to workshop the policy, contract draft (doesn't need to be a specific contract for any specific entity if we do not think it is appropriate on the discussion board), an application document and a reimbursement format in an attempt to finalize all of these by 4/16.
Thank you,