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SR-106-011-02 !.- ~ e . '-0 AUG 1 3 f9R5 /tJ(P; all-0''"2- Crv1:LCB:dvm C~ty Counc~l Meetlng 8/13/85 Santa Mon~ca, Cal~fornla TO: Mayor and Clty Counc~l FROM: C~ty Staff SUBJECT: Recommendatlon to Authorlze C~ty Manager to Negotlate Agreement wLth Santa Monlca Conventlon and Vlsltors Bureau IntroductLon ThlS report recommends that the Clty Manager be author~zed to negotlate an agreement wlth the Santa Monlca Conventlon and Vlsltors Bureau for promot~onal actlvltles of beneflt to the Clty. Background The Clty and the Bureau have had a prlor agreement WhlCh was ln effect from November 15, 1982 untll June 30, 1985. C1ty staff and Bureau representatLves have met and dlscussed potentlal amendments to the prevlous agreement. These dlScuSSlons are nearly concluded and the agreement belng proposed wlll be substantlally the same as the preVLOus agreement. The two pr1nclpal modlflcatlons are noted below: 1) The term of the agreement w~ll be for three years wlth the Clty havlng the opt1on to extend the agreement. 2) The formula for annual Clty contrLbutlon to the Bureau w~ll be adJusted to more closely track the flow of tranSlent occupancy tax revenues lnto the Clty. (,-tJ AU& 1 3 1985 - 1 - .' or"' .-.. It e 10r.,..- Ol/-(!;:>z- Budget/F~sca1 Impact The current year' 5 allocatLon of $302,863 called for In the agreement 1S provlded for In the 1985 - 86 C1ty operatlng budget, account #01-700-274-000-622. Recomrnendatlon It 15 recommended that the Clty Manager be author1zed to negotlate an agreement w1th the Santa Monlca Conventlon and V1S1tor5 Bureau for promotlonal 5erVlces wlth terms as presented :Ln thlS report. Prepared by: Lynne C. Barrette A551stant Clty Manager (SMCVB) - 2 -