Laserfiche WebLink
� <br /> AGREII�NT <br /> THIS AGREEMENT made and entered into this lst day of May, <br /> 1993 , between THE CITY OF DECATUR, a municipal corporation <br /> organized under the laws of the State of Illinois, ("CITY") and <br /> the DECATUR AREA CONVENTION AND VISITORS BUREAU, a corporation <br /> organized under the Illinois Not-For-Profit Corporation Act, of <br /> Decatur, Illinois ("BUREAU") . <br /> WHEREAS, the Bureau is a corporation organized to encourage, <br /> foster romote <br /> , p and stimulate conventions and tourism in the <br /> Decatur, Illinois, area and to acquaint and inform the public as <br /> to these objectives by providing information and other civic and <br /> educational features as will foster, encourage and stimulate <br /> these purposes; and, <br /> WHEREAS, the City desires to promote conventions and tourism <br /> in Decatur, Illinois, and to improve businesses in such area; <br /> and, � <br /> WHEREAS, the Bureau is in need of funds to advance its <br /> purposes; and, <br /> WHEREAS, the City is willing to supply certain funds for <br /> such purposes. <br /> NOW, THEREFORE, in consideration of the mutual covenants and <br /> agreements herein contained, the parties hereto agree as follows: <br /> 1) Term. The term of this Agreement shall be from the date <br /> hereof through April 30, 1994. <br /> 2) . Amount of Funds. The City agrees, subject to the <br /> conditions contained in this Agreement, to furnish the Bureau the <br /> sum of $187,500. 00 over the term of this Agreement. <br />