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R2000-131 AUTHORIZING AGREEMENT
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R2000-131 AUTHORIZING AGREEMENT
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Last modified
3/30/2016 1:26:05 PM
Creation date
3/30/2016 1:26:01 PM
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Resolution/Ordinance
Res Ord Num
R2000-131
Res Ord Title
AUTHORIZING AGREEMENT DECATUR AREA CONVENTION AND VISITORS BUREAU
Approved Date
7/31/2000
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l, 2000 through April 30, 2001 in an amount equal to $200,000.00; as modified by Paragraph 2 <br /> above. <br /> 4) Use of Funds. The Budget (Exhibit A) is hereby approved by the parties hereto and <br /> the Bureau agrees to expend funds received from the City pursuant to the terms of this <br /> Agreement generally in accordance with the item specification contained in the budget for the <br /> fiscal year ending Apri130, 2001. The funds shall be used only to advance the purposes stated in <br /> the Articles of Incorporation of the Bureau. <br /> 5) Pavment of Funds. The said sum of $200,000.00 shall be paid by the City to the <br /> Bureau upon specific requests in writing by the Bureau and as approved by the Director of <br /> Financial Management. <br /> 6) Bud�et for 2001/2002. The Bureau shall submit to the City on or before February 1, <br /> 2001, a projected budget of estimated expenditures, in accordance with the purposes of the �I <br /> Bureau, for the fiscal year beginning May 1, 2001, and ending April 30, 2002, provided, I <br /> however, neither party hereto shall have any responsibility or obligation to the other party after <br /> the term of this Agreement has expired on April 30, 2001, unless and until a subsequent written <br /> agreement or written extension of this Agreement is entered into by such parties. <br /> 7) Independent Status. Neither the City nor the Bureau shall be considered the agent of <br /> the other, and, each party shall be considered independent of the other except as to the <br /> obligations each undertakes to the other in this Agreement. <br /> 8) Additional A�reements of Bureau. The Bureau shall: <br /> (a) Keep accurate books and records of all expenditures and application of funds; <br /> (b) Permit the City Auditor at all reasonable times to audit the books of the Bureau; <br /> and <br /> , <br />
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