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HomeMy WebLinkAboutContract 54006 Gin SECRETARY oA HOST AGREEMENT 2021 BASSMASTER CLASSIC This HOST AGREEMENT("Agreement")is made and entered into by and between the CITY OF FORT WORTH("City"),a home-rule mu nicipa* organized under the laws of the State of Texas; FORT WORTH CONVENTION AND VISITORS BUEARU, d/b/a VISIT FORT WORTH ("VF4 W"), a Texas non-profit corporation; and the B.A.S.S.,LLC("BASS"),a Delaware limited liability company. RECITALS The City, VFW, and BASS (collectively, "Parties") hereby agree that the following statements are true and correct and constitute the basis upon which the Patties have entered into this Agreement: A. Since 1968, BASS,which is recognized as the worldwide authority on bass fishing, has been dedicated to enhancing the sport of bass fishing by advocating for access,conservation, and youth fishing. B.• BASS sanctions and governs multiple bass fishing events throughout the United States on an annual basis, and the process for deciding where to hold a sanctioned event is highly competitive and takes into account many factors,includiarg, but not limited to, venue requirements that include a large arena,expo center, and a boat service yard; healthy bass fishery; airport with significant lift; market area history of supporting fishing; the competition schedule; travel requirements for competitors and officials; weather conditions; andBASS's overall business goals. C. The Bassmaster Classic, which is one of BASS's sanctioned events, is an annual, three-day event that is recognized around the world as fishing's world championship. D. The Bassmaster Classic delivers substantial economic benefits to its host cities by way of the thousands of attendees and hotel room nights, along with media coverage through major platforms such as ESPN 2, ESPN Classic, Bassmaster.com, Bassmaster and B.A.S.S. Times magazines, and Bassmaster Social Media Channels. 1 . VFW is a Texas non-profit corporation that is organized for the exclusive purpose of promoting the public interest in the City of Fort Worth, Texas,and its metropolitan area. F. VFW, through an agreemetrt with the City, has been tasked with providing focused sports marketing for the City to further enhance the impact of sports tourism on the Fort Worth area by attracting new investments, expanding the vision of marketing Fort Worth nationally, creating an increased focus on community events and a vision for venue support and expansion, and building a larger community-wide focus on sports marketing. G. After conducting a highly competitive, multi-state, site-selection process pursuant to an application by the City (in collaboration with VFW) to evaluate the proper site to conduct Event Trust Fwid Agrooment between City of Fort Worth,B.A.S.S.,LLC,and Visit Fort Worth fOFFICUAL IE.0 D TY SECRE ARY the Bassmaster Classic, BASS selected the City of Fort Worth for its 2021 Bassmaster Classic ("Event"}, which is not held more than one time in Texas or an adjoining state in any year. H, The Event will take place over three days,from March 19-21, 2021, and include 52 of the worlds best anglers competing for a$1 million purse. Live weigh-ins will occur at Dickies Arena, along with expo events at the Will Rogers Memorial Center ("WRMC"), both of which are located in Fort Worth and directly adjacent to each. 1. TEx.REv. Ctv. STAT.art. 5190.14, § 5C,as amended (as it may be amended from time to time) ("Act")authorizes the City to apply to the Office of the Texas Governor, Economic Development and Tourism to establish an Events Trust Fund ("Fund") for this Event. Money deposited into the Fund may be used to fulfill certain obligations under this Agreement and any future event support contract,as defined in the Act,governing the Event. J. Pursuant to Resolution No. 3513-08-2007 adopted on August 14, 2007, the City Council of the City has authorized the City Manager to negotiate agreements that promote major sporting or athletic events benefitting the City and secured,in part,on account of the Fund and the provisions of the Act. NOW, THEREFORE,for and ui consideration of the premises, undertakings and mutual covenants of the parties set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows; AGREEMENT 1. RECITALS -The Parties agree that the recitals set forth above in this Agreement are true and correct, and the representations, covenants and recitations set forth therein are made a part hereof for all purposes. 2. TERM This Agreement is binding on the last date of execution by the Parties and effective beginning on June 2, 2020 and will remain in full force and effect until the later of(i) December 31, 2021 or (ili) the date as of which all funds have been disbursed from the Fund in accordance with the Act and with this Agreement, unless terminated earlier pursuant to the terms of this Agreement. The Parties may agree,in writing, to extend the terra. 3. USE OF NAMES AND APPROVALS a. BASS will name the City of Fort Worth as"Host" of the Event in press releases and in the schedule of events published by BASS magazine and other materials. The rights granted to City or BASS cannot be assigned, transferred, sublicensed or sold to any other party. $vent Trust Fund Agreement between City offod Worth,BASS,LLC,and VFW 2 of 17 b. Subject to the terms and conditions of this Agreement,each party hereby grants the other party permission to use its name in materials associated with the Event provided that the party creating the materials obtains the other party's written approval prior to such use:A party will submit for approval all materials that use the other party's name a minimum of ten (10) business days prior to printing, publishing or releasing the materials to the public. Approvals may be made via email_ c. The Parties will not engage in unauthorized use of each other's name, logo, or trademarks. Eachparty acknowledges and agrees that,except as expressly provided herein, no right, property, license, or permission of any kind is given or acquired by the execution, performance, or non-performance of this Agreement. 4. GENERAL OBLIGATIONS OF THE PARTIES a. CITV i. EVENTS TRUST FUND 1. The City will submit an.application to the EDT for the creation of a Fund for the Event under the provisions of the Act. 2. The City will remit into the Fund the statutory deposit required by the Act("City Remittance"). The City Remittance will trigger the State of Texas contribution to the Fund under the terms of the Act. 3. The City will be responsible for dealing with the EDT with respect to disbursements from the Fund and distributing the money in the Fund. 4. The City will be responsible for distributing the Fund to reimburse the City, VFW, and BASS for the expenses set forth in this Agreement and the Event Support Contract, which will be executed by the Parties at a later date,as follows: a. If, after the EDT approves the actual attendance figures for the Event, there is no reduction in disbursements from the Fund for the Event (see Texas Government Code Section 480.0203 and Rule 184.30 of the Texas Administrative Code), then reimbursement from the Fund will paid as follows: i. First, to the City to reimburse it for the full Host Fee as set forth below. ii, Second, to BASS to reimburse it for its obligation to Event Trust FundAgreement hetmen City of Fort Worth,BASS,LLC,and VFW 3 of 17 pay $300,000.00 in rental for the Dickies Arena as set forth in Section 4(c)(ii)(1) of this Agreement. iii, Third, to the City to reimburse it for the rental credits setforth below in an amount up to $100,000.00. iv. Fourth, to VFW to reimburse it for actual expenses incurred to carry out its obligations under this Agreement in an amount up to $425,000.00. v. Lastly, all remaining amounts in the Fund to BASS to reimburse BASS for any additional actual costs incurred by it consistent with this Agreement and the Events Trust Fund Agreement. b. If the EDT reduces disbursements from the Fund to 55% to 74.99% as a result of the Event not meeting set attendance goals (see Texas Government Code Section 490.0203 and Rule 184.30 of the Texas Administrative Code), then Reimbursement from the Fund will be paid as follows: i. First, to the City to reimburse it for the full Host Fee and rental credits of$100,000.00 as set forth below. ii. Second, to BASS and VIA W to reimburse them on a dollar-per-dollar basis for the following obligations: 1. BASS: $300,000.00 in rental for the Dickies Arena asset forth in Section 4(c)(i)(1) of this Agreement. 2. VFW: Actual expenses incurred to carry out its obligations under this Agreement in an amount up to $425,000.00. iii. Lastly, all remaining amounts hi the Fund, if any, to BASS to reimburse BASS for any additional actual costs incurred by it consistent with this Agreement and the Events Trust Fund Agreement. c. If the EDT reduces disbursements from the Fund to 0% to 54.99% as a result of the Event not meeting set attendance goals (see Texas Government' Code Section 480,0203 and Rule 184.30 of the Texas Administrative- Code), then Reimbursement from the Fund will be paid as follows: L First, to the City to reimburse it for the full Host Fee Event Trust Fund Agreement between City ofFoit Wottly BASS,LLC,and VFW 4 of 17 as set forth below. ii. Second, to VFW to reimburse it for actual expenses incurred to carry out its obligations under this Agreement in an amount up to $425,000.00. iii. Third, to the City to reimburse it for the rental credits set forth below in an amount up to$100,000.00. iv. Fourth, to BASS to reimburse it for its obligation to pay $300,000.00 in rental for the Dickies Arena as set forth in Section 4(c)(ii)(1) of this Agreement and any other obligations set forth in the Events Trust Fund. 5. Any payments to BASS or VFW are limited to the maximum amount available from and approved for eventual distribution from the Fund established for the Event and must be eligible for payment by the Act. ii. HOST FEE. 1. City will pay BASS a host fee of Five Hundred Thousand Dollars and No Cents(5 S00,00 0.00)("Ilost Fee") in the following two(2) installments: a. $300,000 on or before October 1, 2020; and b. $200,000 on or before March 1,2021. 2. Each installment payment will be made payable to B.A.S.S.,LLC, P.O.Box, 2182, Birmingham, AL,35201, Tax ID#45-0517438. 3. Notwithstanding anything to the contrary, if the EDT does not establish a Fund for the Event, then the City will not be required to pay any portion of the Host Fee. iii. RENTAL FACILITIES AND CREDITS. City will license to BASS the use of the WRMC's Exhibit 'Hall, Poultry Barn,the Round-Up Inn,Barns 1 and 2 and the Tower Promenade, and other areas within WRMC as the parties may agree to in writing, for the Event from March 15-22, 2021. As a requirement by BASS for hosting the Event, City will apply a rental credit to BASS of up to $100,000.00 for the use of the above-stated facilities, which will be based on the actual facilities rented and the rental fees associated therewith. b. BASS. Event Trust FundAgreemenr behwen CRY ofFori Wortb,DAn LLC,and VFW 5 of 17 i. EVENT DATES AND LOCATIONS. BASS must hold and conduct the Event at the Will Rogers Memorial Center and Dickies Arena from March 19—21, 2021. ii. EVENT EXECUTION. BASS will obtain all necessary licenses and lake or fishery permits; provide rules and regulations for the Event; solicit and acquire all entries for the Event; arrange for all assignment of marshals/observers during tournament briefing; pay the expenses of all personnel specifically engaged by BASS to work iii connection with the Event, including, but not limited to supervising and instructing all volunteers working in connection with the Event; and arrange sponsor exhibitions. iii. OTHER TOURNAMENT EVENTS. BASS will conduct an expo in conjunction with the Event held on Friday, Saturday, and Sunday of the Event. iv. TELEVISION. BASS will cause an audio-visual program of the Event ("Program") to be telecast on anESPN or similar television network unless it is prevented from doing so for reasons beyond its control, conflicting scheduling requirements, or other bona fide reasons. Any schedule for the Program (whether or not City receives notice of it) is subject to change at any time for any reason in ESPN's or similar network's sole discretion. City will not cause,authorize, license, or permit any exhibition or distribution of the Program or any portion thereof in any form by any means,uses,or media whatsoever. Subject to BASS's prior written consent, not to be unreasonably withheld, City and VFW may distribute clips of the Event in promotional material, on its website, and for other purposes not hi conflict with those of BASS. v. PUBLIC RELATIONS,ADVERTISING, AND MEDIA EXPOSURE. BASS will provide the following media exposure; 1. Publicize and provide a schedule of events for the Event. 2. List the host destination on www.bassmaster.com page dedicated to tournament trail, including specific event web page. 3. Post Event results in Bassmaster Magazine, B.A.S.S. TIMES, and www.bassinastencom. 4. Provide City and VFW the ability to distribute collateral to anglers regarding the desti]ation and local businesses. 5. Broadcast a taped show on an ESPN or similar television network. Event Trust Fund Agreement bet mum City of Fort Worth.BASS,LLC and VFW 6 of 17 6. Broadcast live leader board and streaming video of the Event online. 7. Create and distribute stories on the tournament by KA.S.S. Communications. 8. Provide information on destination and fishery to national media. 9. Provide local host mentions on-site during weigh-in each day. 10. Provide opportunities for local hosts to welcome anglers at briefing/registration. 11. Provide at least four (4) voice-over mentions of host destination during television broadcast. 12. Provide at least four (4) voice-over mentions of fishery during television broadcast. 13.Provide complimentary One (1) Logo graphic of host destination during the television broadcast. 14.Additional web links from Bassmaster.com to host web site to promote event 15. One,(1)in-show feature on the TV broadcast, 5-10 seconds; City or VFW to provide suggestions for features. 16.One (1) complimentary 10'x10' booth at the 2021 Bassmaster Classic Expo. Booth expenses outside of booth rental are at the expense of VFW. 17. Four (4) complimentary seats at the Night of Champions Dinner on Wednesday of Classic week, 1 S. One(1)representative from City or VFW to greet anglers and media at Media Day on Thursday of Event week. vi. CITY REMITTANCE. Not later than five(5)business days after moneys in the Fund have been fully distributed, BASS will pay the City an amount equal to the City Remittance. G. VFW i. ADVERTISING AND MARKETING 1. VFW will partner with local and regional print, radio, television, and Event Trust Fund Agreement betkeen City of Foil Worik DA55,LLC,and VFW 7of 17 other sources to drive attendance to the weigh in. BASS Marketing Department will work with VFW on content and placement and media buys. 2. VFW will provide in-market signage, including, but not limited to, streetpole banners, billboards, airport signage, and online ads, ii. PAYMENT OF RENTAL COSTS FOR DICKIES ARENA AND TENT 1. The rental cost of Dickies Arena is $625,000 of which VFW agrees to pay $325,000 of the rental fee.BASS will be responsible for the other $300,000 and any averages. 2. VFW will expend up to $125,000.00 to rent a 100' x 300' tent for the Event to be used from March 15—22, 2021, which will need be erected between Dickies Arena and WRMC. BASS will be responsible for any overages. iii. HOST FEE 1. 1n the event that the City is not required to pay the Host Fee to BASS as a result of the EDT not establishing a Fund for the Event, then VFW will be responsible for paying BASS the Host Fee pursuant to the payment plan set forth in Section 4.a.ii. 5. EVENTS TRUST FUND DOCUMENTATION a. BASS and VFW must cooperate with the City in documenting costs incurred by BASS and VFW for the Event to evidencc any reimbursement €corn the Fund. b. BASS and VFW must provide invoices to the City for expenses incurred for the Event that are anticipated to be reimbursed from the Fund. c. BASS and VFW must provide any supporting expense documentation as required by the City or as requested by the EDT to the full satisfaction of both the City and the EDT for the Event. d. BASS must provide the City with any all attendance information needed to prepare an attendance ceilification to the EDT based on an attendance tracking system agreed to by the Parties prior to the start of the Event. 6. CANCELED OR RESCHEDULED EVENT a. FORCE MAJEURE Evenl TntstFwdAgreement between City offort Worth,SASS,LLC,and VFW 8 of 17 i_ It is expressly understood and agreed by the parties to this Agreement that, if the performance of any obligations hereunder is delayed or cancelled by reason of war;civil commotion; acts of God; unusually inclement or severe weather conditions; fire; pandemic (including, but not limited to, COVID- 19); epidemic; declaration of disaster or emergency by the State of Texas, Tarrant County, or the City of Fort Worth; or other circumstances that are reasonably beyond the control of the applicable party obligated or permitted under the terms of this Agreement to do or perform the same, regardless of whether any such circumstance is similar to any of those enumerated or not, the Party so obligated or permitted will be excused from doing or performing the same during such period of delay, so that the tithe period applicable to such performance will be extended for a period of time equal to the period such party was delayed, unless the same results in canceling the Event. ii. Measures taken by the Office of Homeland Security/Office of Emergency Preparedness("OHS"), State of Texas, Tarrant County, or the City of Fort Worth to close facilities or venues related to the Event, for any reason,is an act of government and, as such, is considered a force-majeure event. IIowever, in the event of closure due to weather conditions or high water levels, BASS will have the option, but not the obligation, if permitted by the Office of Homeland 'Security and City, to allow participant anglers to commence or continue the Event, upon BASS's receipt of a signed waiver from each participant acknowledging the risk and indicating that participant has been instructed in boating safety. iii, The party asserting force majeure must give written notice and full particulars of the force majeure, including how the force majeure event prevents performance,to the other parties as soon as practicable,but no later than fourteen (14) calendar days after the occurrence of the cause relied upon. This time period may be extended by written agreement of the parties. iv. In the event of force majeure, BASS will make every reasonable effort to work with the City and VFW to reschedule the Event to ensure that(1) the Event continues to qualify for the ETF (either through a new application or a continuation of the original one for the new Event dates)and (ii) the City receives the benefit of its Host Fee. 1. Force Maicure Prior to the Start of the Event:If City and BASS are unable to reschedule the Event within thirty (30) calendar days after written notice of the force majeure event is sent to the parties, then BASS must refund any amounts pald by the City as the Host Fee.BASS must repay the Host Fee to the City within thirty (30) calendar days after the expiration of the above-stated deadline. Evenl Trust FtmdAgrearnent Wtvusen City ofFon Won%BASS,LLC,and VFW 9 of 17 2. Force Ma'eure Duting the Event: if City and BASS are unable to reschedule the Event within thirty (30) calendar days after written notice of the force majeure event is sent to the parties, BASS must provide the City with a pro rata refund of the Host Fee,based on the number of days that the Event occurred. BASS must repay the Host pro rata amount of the Host Fee to the City within thirty (30) calendar days after the expiration of the above-stated deadline. 3. The timelines in this section may be extended by mutual written agreement of the parties. b. In addition, the Parties also agree and acknowledge that due to the expense, work, and preparation necessaryfor the execution of the Event, BASS's obligation to hold the Event and the City's obligation to host the Event are non-cancellable, except in the case of a force majeure event, if BASS cancels the Event for any reason other than force majeure, then BASS must provide the City with a full refund of its Host Fee within thirty (30) calendar days after notifying the City, VFW,or the public of the cancellation. Likewise, if the City cancels the Event for any reason other than force majeure, then it will not be entitled to a refund of its Host Fee. 7. INSURANCE a. BASS and VFW must provide the City with certificate(s) of insurance documenting policies of the following minimum coverage limits that are to be in effect prior to commencement of any work pursuant to this Agreement: i. Covera&e and Limits L Commercial General Liability a. $1,000,000 Each Occurrence b. $1,000,000 Aggregate ii. Automobile Liability 1. $1,000,000 Each occurrence on a combined single limit basis 2. Coverage will be on any vehicle used by the BASS and VFW,their employees, agents, representatives in the course of the providing services under this Agreement. "Any vehicle" will be any vehicle owned,hired and non-owned iii. Worker's Compensation - Statutory limits 1, Employer's liability a. $100,000 Each accident/occurrence b. $100,000 Disease-per each employee C. $500,000 Disease-policy limit 2. This coverage may be written as follows: a. Workers' Compensation and Employers' Liability coverage with limits consistent with statutory benefits outlined in the Texas workers' Compensation Act(Art.8308 ---1.01 et seq. nvent'rrust Fund Agreement between City OPOO Wank BASS,LLC,and VFW 10 OM Tex. Rev. Civ. Stat.) and minimum policy limits for Employers' Liability �of $100,000 each accidentloccurrence, $500,000 bodily injury disease policy limit and$100,000 per disease per employee. b. General Requirements i. The commercial general liability and automobile liability policies must name the City as an additional insured thereon, as its interests may appear. The term City includes its employees, representatives, officers, officials, agents,and volunteers in respect to the contracted services. ii. The workers' compensation policy must include a Waiver of Subrogation (Right of Recovery) in favor of the City of Fort Worth. iii. A tninitnum of thirty (30)days'notice of cancellation or reduction in limits of coverage must be provided to the City. Ten (10) days' notice is acceptable in the event of non-payment of premium. Notice must be sent to the Risk Manager, City of Fort Worth, 200 Texas Street,Fort Worth, Texas 76102, with copies to the City Attorney at the same address. iv. The insurers for all policies must be licensed and approved to do business in the State of Texas. All insurers must have a minimum rating of A-VII in the current A.M.Best Key Rating Guide, or have reasonably equivalent financial strength and solvency to the satisfaction of Risk Management. If the rating is.below that required, written approval of Risk Management is required. v. Any failure on the part of the City to request: required insurance documentation will not constitute a waiver of the insurance requirement. vi. Certificates of Insurance evidencing that the Contractor has obtained all required insurance will be delivered to the City prior to the Contractor proceeding with any work pursuant to this Agreement. c. The City is insured for general liability under a self-insurance program covering its limits of liability. The Parties agree that such self-insurance by City will, without further requirement, satisfy all general liability insurance obligations of City under this Agreement. S. TERMINATION FOR CAUSE The City may terminate this Agreement if BASS or VFW fails to comply with any term, provision, or covenant of this Agreement in any material respect. If an event of default occurs, City will give written notice that describes the default in reasonable detail to BASS or VFW, as applicable. BASS or VFW, as appropriate, must cure such default within thirty (30)calendar days Event Tnrst Fund Agreement between City ofrort Worth,BASS,LLC,and VFW I1 ofi7 after receiving notice from City, unless otherwise agreed to in writing by the parties_ Except as otherwise agreed to by the parties, if the Event is cancelled for any reason, then this Agreement will terminate immediately and the City will not be hekl responsible or liable for Its obligations hereunder. 9. SEVERABILITY If any provision of this Agreement is held to be illegal, invalid or unenforceable under present or future laws, the legality, validity and enforceability of the remaining provisions of this Agreement will not be affected thereby, and this Agreement will be liberally construed so as to carry out the intent of the parties to it. 10.NOTICES Any notice, request or other communication required or permitted to be given under this Agreement trust be given in writing by delivering it against receipt for it, by depositing it with an overnight delivery service, or by depositing it in a receptacle maintained by the United States Postal Service, postage prepaid, registered or certified mail, return receipt requested,addressed to the respective parties at the addresses shown herein (and ifso given, deemed given when mailed). Notice sent by any other manner will be effective upon actual receipt by the party to be notified. Actual notice, however and from whomever given or received, will always be, effective when received. Any party's address for notice may be changed at any time and from time-to-tithe, but only after thirty (30) days' advance written notice to the other parties and trust be the most recent address furnished hi writing by one party to the other parties. The giving of notice by one party that is not expressly required by this Agreement will not obligate that patty to give any future notice. City: B.A.S.S.,LLC: City of fort Worth B.A.S.S.,LLC Attn:Director,Public.Events Dept. Atkin: Carol Stone 200 Texas Street 3500 Blue Lake Drive, Ste. 330 Fort Worth, TX 76102 Birmingham, AL 35243 with copies to: the City Manager and the City Attorney at the same address VFW: Visit Fort Worth Attn: Bob Jameson 111 W. 411,Street,Ste. 200 Fort Worth, Texas 76102 Event Tfust Foad Agreement hetrcen City urFori Worth,BASS,LLC,and VFW 12of 17 11.PUBLIC INFORMATION ACT BASS understands and aelmowledges that City is a public entity tinder the laws of the State of Texas and, as such, all documents held by City are subject to disclosure under Chapter 552 of the Texas Government Code, BASS will clearly indicate to City what information it deems proprietary, If City is required to disclose any documents that may reveal any of BASS's proprietary irifortuation to third parties under the Texas Government Code, or by any other legal Process, law, rule, or judicial order by a court of competent jurisdiction, City will notify prior to disclosure of such documents, and give BASS the opportunity to submit reasons for objections to disclosure. City agrees to restrict access to BASS's information to those persons within its organization who have a need to know for purposes of management of this Agreement. City agrees to inform its employees of the obligations under this paragraph and to enforce rules and procedures that will prevent any unauthorized disclosure or transfer of information. City will use its best efforts to secure and protect BASS's information ua the same manner and to the same degree it protects its own proprietary information; however, City does not guarantee that any information deemed proprietary by BASS will be protected from public disclosure if release is required by law. The foregoing obligation regarding confidentiality will remain in effect for a period of three (3) years after the expiration of this Agreement. 12.COMPLIANCE WITH LAWS, ORDINANCES,RULES AND REGULATIONS This Agreement is subject to all applicable federal, state and local laws, ordinances, rules and regulations, including, but not limited to, all provisions of the City's Charter and ordinances, as amended; provided, -however, that any future Charter or ordinance amendment will not be deemed to modify, amend, or negate any provision of this Agreement. 13.GOVERNMENTAL POWERS It is understood that by execution of this Agreement, the City does not waive or surrender any of its governmental powers or immunities. 14.NO WAIVER The failure of any party to insist upon the performance of any term or provision of this Agreement or to exercise any right granted hereunder will not constitute a waiver of that party's right to insist upon appropriate performance or to assert any such right on any future occasion. 15.VEN UE AND CHOICE OF LAW If any action, whether real or asserted, at law or in equity, arises on the basis of any provision of this Agreement, venue for such action will he in state courts located in Tarrant Cowity, Texas or the United States District Court for the Northern District of Texas—Fort Worth Division. This Agreement will be construed in accordance with the Iaws of the State of Texas. 16.NO THIRD-PARTY RIGHTS Even t'rrust fw►dAgreement between City of Port Worth,BASS,LLC,and VFW 13 of D The provisions and conditions of this Agreement are solely for the benefit of the Parties, and any lawful assign or successor of BASS or VFW are not intended to create any rights, contractual or otherwise, to any other person or entity. 17.INTERPRETATION In the event of any dispute over the meaning or application of any provision of this Agreement, this Agreement will be interpreted fairly and reasonably, and neither more strongly for or against any party, regardless of the actual drafter of this Agreement. 18.CAPTIONS Captions and headings used in this Agreement are for reference purposes only and will not be deemed a part of this Agreement. 19.ENTIRETY OF AGREEMENT This Agreement, including any exhibits attached hereto and any documents incorporated herein by reference,contains the entire understanding and agreement between the Parties,and any lawful assign and successor of BASS or VFW, as to the matters contained herein. Any prior or contemporaneous oral or written agreement between the City, BASS and VFW is hereby declared null and void to the extent in conflict with any provision of this Agreement. 20.COUNTERPARTS This Agreement may be executed in any number of counterparts with the same effect as if all of the parties had signed the same document. Such executions may be transmitted to the other party by digital scan or facsimile and such scanned or facsimile execution will have the full force and effect of an original signature. All fully executed counterparts,whether original executions or scanned or facsimile executions or a combination, will be construed together and will constitute one and the same agreement. 2 L AMENDMENT No amendment, modification, or alteration of the terns of this Agreement will be binding unless the same is in writing, dated subsequent to the date hereof,and duly executed by the Parties hereto. 22.INDEMNIFICATION a. BASS AND VFW COVENANT AND AGREE TO AND DO HEREBY INDEMNIFY, HOLD HARMLESS, AND DEFEND, AT THEIR OWN EXPENSE, CITY FROM AND AGAINST ANY AND ALL CLAIMS, LAWSUITS, JUDGMENTS, ACTIONS, CAUSES OF. ACTION, LIENS, LOSSES, EXPENSES, COSTS, FEES (INCLUDING, BUT NOT LIMITED Event Trust FtaidAgreemenl betwoun City.ofFort Worth,BASS,LLC,and VFW 14 of 17 TO, ATTORNEY'S FEES AND COSTS OF DEFENSE), PROCEEDINGS, DEMANDS, DAMAGES, LIABILITIES, OR SUITS OF ANY KIND OR NATURE,INCLUDING,BUTNOT LIMITED TO,THOSE FOR PROPERTY OR MONETARY LOSS,OR OTHER HARM FOR WHICH RECOVERY OF DAMAGES IS SOUGHT, OF WHATSOEVER KIND OR CHARACTER, WHETHER REAL OR ASSERTED,ARISING OUT OF, IN CONNECTION WITH, OR RESULTING FROM ANY REPRESENTATIONS OR` MISREPRESENTATIONS BY BASS OR VFW, RESPECTIVELY, AND THEIR RESPECTIVE OFFICERS,AGENTS,EMPLOYEES,DIRECTORS, MEMBERS, PARTNERS, AND REPRESENTATIVES IN CONNECTION WITH THE EXECUTION, PERFORMANCE, ATTEMPTED PERFORMANCE,OR NONPERFORMANCE OF THIS AGREEMENT. b. IF ANY ACTION OR PROCEEDINGIS BROUGHT BY OR AGAINST THE CITY IN CONNECTION WITH ANY SUCH LIABILITY OR CLAIM,BASS OR VFW, AS APPLICABLE,ON NOTICE FROM CITY, MUST DEFEND SUCH ACTION OR PROCEEDING, AT THEIR OWN EXPENSE, BY OR THROUGH ATTORNEYS REASONABLY SATISFACTORY TO CITY. c. IT IS AGREED WITH-RESPECT TO ANY LEGAL LIMITATIONS NOW OR HEREAFTER IN EFFECT AND AFFECTING THE VALIDITY OR ENFORCEABILITY OF THE INDEMNIFICATION OBLIGATION UNDER THIS SECTION, SUCH LEGAL LIMITATIONS ARE MADE A PART OF THE INDEMNIFICATION OBLIGATION AND WILL OPERATE TO AMEND THE INDEMNIFICATION OBLIGATION TO THE MINIMUM EXTENT NECESSARY TO BRING THE PROVISION INTO CONFORMITY WITH THE REQUIREMENTS OF SUCH LIMITATIONS, AND AS SO MODIFIED, THE INDEMNIFICATION OBLIGATION WILL CONTINUE IN FULL FORCE AND EFFECT, d. This section will survive the expiration or termination of this Agreement. 23.AUDIT BASS and VFW agree that City and its internal auditor will have the right to audit, which includes, without limitation, the right to complete access to and the right to examine, the financial and business records of BASS and VFW that relate to the documentation provided to the City pursuant to this Agreement, including, but not limited to, all necessary boobs, papers,documents, records, and personnel, (collectively, _"Records") in order to determine compliance with this Agreement. BASS and VFW must make all Records available to City at 200 Texas Street, Fort Worth, Texas or at another location in City acceptable to both parties within thirty (30) days after notice by City and will otherwise cooperate fully with City during any audit. Notwithstanding anything to the contrary herein, this section will survive the expiration or earlier termination of this Agreement. 24.ASSIGNMENT Event Trust Fund Agreement between City ofFort Worth,BASS,LLC,and VFW 15 of 17 The Parties hereto will assign or transfer its interest herein without prior written consent of the other party, and any attempted assignment or transfer of all or any part hereof without such prior written consent will be void. This Agreement will be binding upon and will inure to the benefit of the Parties and their respective successors and permitted assigns, 25.AUTHORIZATION By executing this Agreement, BASS's and VFW's agents affirm that each is authorized to execute this Agreement and that all representations made herein with regard to BASS's and VFW's identity, address, and legal status (corporation, partnership, individual, dba, etc.) are true and correct. 26.NO BOYCOTT OF ISRAEL If Vendor has fewer than 10 emnlovees orthis Agreement is for less than $100.000. this section does notapply. Vendor acknowledges that in accordance with Chapter 2270 of the Texas Government Code, the City is prohibited from entering into a contract with a company for goods or services unless the contract contains a written verification from the company that it: (1) does not boycott Israel; and (2)will not boycott Israel during the term of the contract. The terms "boycott Israel"and"company" will have the meanings ascribed to those terms in Section 808.001 of the Texas Government Code. By signing this contract,Vendor certifies that Vendor's signature provides written verification to the City that Vendor: (1)does not boycott Israel; and (2)will not boycott Israel during the term of the contract. 27.REVIEW OF COUNSEL The Parties acknowledge that each party and its counsel have reviewed and revised this Agreement and that the normal rules of construction to the effect that any ambiguities are to be resolved against the drafting party will not be employed in the interpretation of this Agreement or exhibits hereto. EXICCUTED to be EFFECTIVF as of the date set forth Section 2 of this Agreement: CITY OF FORT WORTH: B.A.S.S,LLC, A Delaware limited liability company By: By. Jay Chapa Name: Assistant^City Manager Title: M Date: Y- - Ic - ReDate: VI It Event TrUsffundftreemeni between City ofFod WoritX BASS,LLC,and VFWG of t 7 fOFFICIA.11LI RECORD lly elFT. WRTH,TX APPROVED AS TO FORM FORT WORTH CONVENTION AND LEGALITY: VISITORS BUREAU,d/b/a Visit Fort Worth a Texas non-profit corporation By- Tyler F. Wallach Robert Jameson Assistant City Attorney CEO Date: June 1,2020 ATTE I t s � Cily Seor ary CITY OF FORT WORTH USE ONLY Contract Compliance Manager: By signing I acknowledge that I am the person responsible for the monitoring and administration of this contract, including ensuring all performance and reporting requirements. 444U /J I-A2VI Brandy er ProgranWoordinator Event•T rust Cund Agreement bet ween (MOCIAL REcaRn City of Fort Worth,BASS,LLC,and VFW 0Tv- t9b ETARY