Orange County NC Website
Browse       Search
3 <br /> STATE OF NORTH CAROLINA PERFORMANCE AGREEMENT <br /> COUNTY OF ORANGE <br /> This Agreement is made and entered into by and between the Town of Chapel Hill, herein <br /> "Town", and the and Chapel Hill/Orange County Visitors Bureau, 501 West Franklin Street, <br /> Suite 104, Chapel Hill, NC 27516, herein "Contractor" for services hereinafter described for the <br /> Town of Chapel Hill. This contract is for a comprehensive visitor services program targeted <br /> toward providing services to potential visitors to Chapel Hill and Orange County for FY 2015- <br /> 16. <br /> WITNES SETH <br /> That for and in consideration of the mutual promises and conditions set forth below,the Town <br /> and Contractor agree: <br /> WHEREAS, Contractor agrees to provide a comprehensive visitor services program targeted <br /> toward providing services to potential visitors to Chapel Hill and Orange County; and <br /> WHEREAS,the Contractor shall use Town fiends for general operational support and to provide <br /> visitor services; and <br /> WHEREAS, it is in the interest of the Town that said program be assisted by the Town and <br /> thereby be available to the residents and visitors of the Town; <br /> NOW, THEREFORE, in consideration of the above and the mutual covenants and conditions <br /> hereinafter set forth,the Town and Contractor agree as follows: <br /> 1. Duties of the Contractor: The Contractor agrees to perform those duties described in <br /> Work Statement of this Agreement. <br /> 2. Town Support: The Town appropriated the sum of One Hundred Seventy Five Thousand <br /> Dollars ($175,000) to the Contractor for the fiscal year 2015-2016. The Town will also <br /> pay the Contractor 50% of any additional revenues collected in the event that hotel/motel <br /> occupancy receipts exceed the budgeted amount of $985,000. The Town does not <br /> obligate itself to provide any other support to Contractor this fiscal year or in succeeding <br /> years. <br /> 3. Payment and Documentation: Contract amount not to exceed $175,000,unless Town <br /> occupancy receipts exceed $985,000 (See paragraph 1).Payments of$43,750 each will <br /> be made on or after the following dates: July 1, 2015; October 1, 2015; January 1, 2016; <br /> and April 1, 2016. The Town's obligation to make each payment is contingent upon <br /> receiving satisfactory documentation and accounting of expenditures as detailed in the <br /> attached Work Statement. <br />