HomeMy WebLinkAboutRES 83-114 R E S O L U T I O N
WHEREAS, by Resolution No. 82-292 adopted August 10 , 1982,
a copy of which is attached hereto as Exhibit "A" , the City Council
expressed its intention that the City of Beaumont purchase seating to
be installed in Lamar University' s Vincent-Beck Stadium to
accommodate a professional baseball team now called the Golden
Gators, at a total purchase price of $125,000 , subject to
satisfactory financing; and,
WHEREAS, satisfactory financing has been arranged pursuant
to which the seating will be purchased and owned by the Beaumont
Convention and Visitors Bureau , an agency of the Beaumont Chamber of
Commerce, funded by receipts of the City' s hotel/motel occupancy tax;
and,
WHEREAS, the fiscal 1983 appropriation of hotel/motel
occupancy tax funds to the Convention and Visitors Bureau includes
$ 25,000 for the purchase of seating; and,
WHEREAS, the Convention and Visitors Bureau has arranged to
borrow the balance of the purchase price;
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT the City Council, by this resolution, expresses its intent to
appropriate annually from hotel/motel occupancy tax funds the sum of
$25,000 , plus accrued interest on the loan, to the Convention and
Visitors Bureau until such loan and all interest thereon is paid.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the
IJK
D— �day of 1983.
Mayor
R E S O L U T I O N
WHEREAS, T. E. Moor, Jr. , owner of the Amarillo Gold
Sox, a professional baseball team, has proposed moving said team
from Amarillo to Beaumont; and,
WHEREAS, location of a professional baseball team in
Beaumont would have substantial positive effect on the economy of
Beaumont and Southeast Texas, including the attraction of more
visitors and convention delegates to Beaumont; and,
WHEREAS, it is proposed that the team will play its home
games at Lamar University's Vincent-Beck Stadium which will
require improvements; and,
WHEREAS, said improvements will require financial
participation in the amount of one hundred twenty-five thousand
dollars ($125,000.00) by the City of Beaumont in the acquisition
of seating for the facility; and,
WHEREAS, such expenditure may be appropriately made from
revenues derived from the Hotel/Motel Occupancy Tax;
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT the City of Beaumont endorses and supports the efforts of the
owner of the Amarillo Gold Sox to move said baseball team from
Amarillo to Beaumont;
BE IT FURTHER RESOLVED that the City Council of the City
of Beaumont expresses its intent to purchase seating at a cost of
$1250000. 00 to be paid from the revenues derived from the
Hotel/Motel Occupancy Tax, subject to its ability to enter into
satisfactory financing arrangements.
PASSED BY THE CITY COUNCIL of the City of Beaumont this
the /D, i day of 4. GCS,x`
1'z �z
Mayor -
EXHIBIT "A"