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HomeMy WebLinkAboutRES 76 40R- �'1 c — q -v RESOLUTION WHEREAS on October 20, 1972, the City of Beaumont contracted with the Beaumont Economic Development Foundation for the purpose of advertising and promoting the City of Beaumont; and, WHEREAS said contract provides that it might be renewed and ex- tended by the written agreement of the City of Beaumont or the Beaumont Economic Development Foundation; and, WHEREAS a budget has heretofore been presented to the City of Beaumont for its approval; and, WHEREAS the City Council of the City of Beaumont desires to approve the budget of the Beaumont Economic Development Foundation for fiscal year 1976. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City Manager be, and he is hereby authorized, to enter into an extension and renewal of the City's contract with the Beaumont Economic Development Foundation dated October 20, 1972 for the one-year period com- mencing January 1, 1976 and expiring December 31, 1976, and the appropriate City official is hereby authorized to make payment under said agreement to a maximum of $44,000.00. BE IT FURTHER RESOLVED that the budget of the Economic Development Foundation as attached hereto and made a part hereof for all purposes is hereby approved. PASSED BY THE CITY COUNCIL of the City of Beaumont this the Z-1 day of G1976.