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HomeMy WebLinkAbout2009-115 - Tourism RiverfestBill No. 2009-115 Ordinance No. 2009-115 AN ORDINANCE AUTHORIZING THE CITY OF RIVERSIDE TO PAY CERTAIN TOURISM FUNDS TO RIVERFEST DEVELOPMENT CORPORATION WHEREAS, Riverfest Development Corporation ("Applicant") has submitted 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 through 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 fmds that the Project contributes to the welfaze of the City, as well as the economic and social potential of the City and its residents, and that the provision of funds to assist the Project will promote tourism. Section 2. The City of Riverside shall pay to the Applicant the sum of Thirty Eight Thousand and 00/100 Dollars ($38,000.00), which fixnds 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 aze hereby authorized to take any and all actions as may be deemed necessazy 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. Sectionn4. This /Ordinance shall take effect immediately. Passed this ~ is ~ day of (,Ct( 2009. Q ~~.1~ Mayor Kathleen L. Rose ATTEST: City Clerk