HomeMy WebLinkAbout2008-134 - Payment of Funds to High Performance Auto ClubBill No. 2008-134
Ordinance No. 2008-134
AN ORDINANCE AUTHORIZING THE CITY OF RIVERSIDE TO PAY CERTAIN
TOURISM FUNDS TO HIGH PERFORMANCE AUTO CLUB, INCORPORATED
WHEREAS, High Performance Auto Club, Incorporated ("Applicant") has submittc;d an
application to the Riverside Tourism Commission requesting funding assistance for a project
described in the application (the "Project"); and
WHEREAS, the Tourism Commissions determined that the Project serves the public
purpose of promoting tourism, and the City has the capability and desire to assist Applicant though
the Tourism Tax Fund.
NOW, THEREFORE, BE IT ORDAINED, by the Board of Aldermen of the City of
Riverside, Missouri, as follows:
Section 1. The City finds that the Project contributes to the welfare of the City, as well
as the economic and social potential of the City and its residents, and that the provision of fur-ds to
assist the Project will promote tourism.
Section 2. The City of Riverside shall pay to the Applicant the sum of Four Thousand
and 00/100 Dollars ($4,000.00), which funds shall be provided from the City's Tourism Tax :Fund,
to assist it in the Project.
Section 3. The Mayor, the City Administrator, the City Attorney and other appropriate
City officials are hereby authorized to take any and all actions as may be deemed necess~u-y or
convenient to carry out and comply with the intent of this Ordinance and to execute and deliver for
and on behalf of the City all certificates, instruments, agreements and other documents, as may be
necessary or convenient to perform all matters herein authorized.
Section 4. This Ordinance shall take effect immediately.
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Passed this day of ., 2008.
Mayor Kathleen L. Rose
ATTEST:
ity Clerk