October 15, 2012 - City of Laredo

DATE:
10- 15- 12
SUBJECT: MOTION
COUNCIL COMMUNICATION
Authorizing the City Manager to execute individual contracts with the following HotelIMotel
Tax Fund Recipients totaling $439,960.00 for FY 2012-201 3. Funding is available in the
HotelIMotel Tax Fund.
Border Olympics $ 80,000.00
Laredo Ctr. For the Arts $150,000.00
Laredo Phil. Orchestra $ 23,400.00
LULAC 7 $ 2,460.00
Society of Martha Wash. $ 10,000.00
WBCA $ 60,000.00
INITIATED BY: STAFF SOURCE:
Cynthia Collazo, Ronnie Acosta, CD Director
Deputy City Manager
PREVIOUS COUNCIL ACTION:
Appropriations approved on September 17, 2012 Council meeting through the adoption of the FY
2012-201 3 Budget.
BACKGROUND:
Data was requested from all agencies. Performance standards, goals and objectives, financial statements,
bylaws, articles of incorporation, purchasing policies, insurance, etc., were submitted and are on file. All
information regarding these contracts was submitted to the City Secretary's Office and filed at the
Nonprofit Management and Volunteer Center.
FINANCIAL:
Chamber of CommercelCola Blanca $ 25,000.00
Laredo AreaYouth Soccer Asso. $ 20,000.00
Mexican Cultural Institute $ 4,100.00
Streets of Laredo $ 15,000.00
Webb County Heritage Found. $ 50,000.00
TOTAL $439,960.00
The contracts total to $439,960.00 and the source of revenues is in the HotelIMotel Tax Fund, and
from the accounts listed on Attachment "A".
COMMITTEE RECOMENDATION:
Third Party Funding Advisory Committee recommends
approval of the contracts.
STAFF RECOMMENDATION:
City ~ouncil to aPProvemotion.