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HomeMy WebLinkAboutPR 16818: AUTHORIZING EDC TO REFUND SPONSOR CONTRIBUTIONS BY SUPPORTING COMPANIES TO THE "THANK YOU INDUSTRY" GALA Interoffice MEMORANDUM To: Mayor, City Council ity Manager From: Floyd Batiste, CE Date: December 8, 2011 Subject: P. R. No. 16818; Council Meeting of December 13, 2011 Attached is P. R. No. 16818 authorizing the Port Arthur Economic Development Corporation to refund the sponsor contributions by supporting companies to the "Thank You Industry" Gala. • 1 P.R. No. 16818 12/7/11 kv RESOLUTION NO. A RESOLUTION AUTHORIZING THE PORT ARTHUR ECONOMIC DEVELOPMENT CORPORATION TO REFUND THE SPONSOR CONTRIBUTIONS BY SUPPORTING COMPANIES TO THE "THANK YOU INDUSTRY" GALA WHEREAS, The City Council of the City of Port Arthur (the "City Council ") per Resolution No. 11 -512, approved the Port Arthur Economic Development Corporation ( "PAEDC ") entering into an agreement with Hill & McBride Event Concepts for the coordination of a Special Thank You Gala (the "Gala ") planned for January 5, 2012 in honor of Motiva, Valero, and Total Refineries for their contributions to the economic development of Port Arthur; and WHEREAS, the Gala was to be underwritten by sponsorship contributions and table and ticket sales which were anticipated to generate proceeds to pay all costs associated with the Gala; and WHEREAS, the PAEDC Board of Directors at its Regular Board Meeting of December 5, 2011, considered and approved postponing the Gala to a future date due to time constraints; and WHEREAS, the PAEDC sees it in the best interest to refund the contributions it has received in the amount of $30,100 by local supporting companies as a new date for the Gala has not been determined. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR, TEXAS: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That the City Council authorizes the PAEDC to refund the sponsor contributions it has received for the Gala in the amount of $30,100. Section 3. That a copy of the caption of this Resolution be spread upon the Minutes of the City Council. READ, ADOPTED AND APPROVED on this day of A.D., 2011, at a Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: Mayor Councilmembers NOES: DELORIS "BOBBIE" PRINCE, MAYOR ATTEST: SHERRI BELLARD, CITY SECRETARY APPROVED: FLOYD BATISTE, PAEDC CEO APPROVED AS TO FORM: GUY N. GOODSON, PAEDC ATTORNEY APPROVED AS TO FORM: l iteiae..t.a, id Alga VALECIA R. TIZENO, CITY 40) TORNEY #750537 Page 2