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HomeMy WebLinkAboutRES 04-260 RESOLUTION NO. 04-260 WHEREAS, on February 3, 2004, the City Council approved a $15,000 revenue guarantee through an economic development contract with the Beaumont Chamber of Commerce for Delta Airlines to provide air service to Dallas; and, WHEREAS, Delta defaulted on the original agreement with Southeast Texas Coalition for Air Service; and, WHEREAS, Delta is requesting a new revenue guarantee of $300,000 to provide service to Atlanta, Georgia as an alternative; and, WHEREAS, the City Council is interested in supporting Delta's efforts by requesting the Beaumont Chamberof Commerce to allocate$7,500 of the previously approved$15,000 to guarantee revenue for Delta Airlines service to Atlanta; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City Council hereby requests the Beaumont Chamber of Commerce to allocate $7,500 of the previously approved $15,000 to the revenue guarantee for Delta Airlines air service from the Southeast Texas Regional Airport to Atlanta, Georgia. BE IT FURTHER RESOLVED THAT the remaining $7,500 is to be maintained in the escrow account at Texas State Bank until such time as the City Council determines whether to appropriate or request a refund of the funds. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 2nd day of November, 2004. B f a+ � � ayor Evelyn M. Lord -