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HomeMy WebLinkAboutContract 43872 (2)CITY SECRETARY, CONTRACT NO. TRUST FUND EVENT SUPPORT CONTRACT This TRUST FUND EVENT SUPPORT CONTRACT ("Agreement") is made and entered into by and between the CITY OF FORT WORTH and NATIONAL ASSOCIATION FOR STOCK CAR AUTO RACING, INC. ("NASCAR"). Recognizing the undertakings, agreements, and commitments made by the City of Fort Worth to Texas Motor Speedway, Inc. and Speedway Motorsports, Inc., NASCAR has selected Texas Motor Speedway to host the Samsung Mobil 500 Sprint Cup race on April 14, 2012 (with associated events beginning on April 12) and the AAA Texas 500 Sprint Cup race on November 4, 2012 (again, with associated events beginning on November 1 and the only "Chase for the Sprint Cup" race in Texas). This agreement is intended to supplement the attached letter as well as the agreement as referenced in the previous paragraph and serve as an event support contract pursuant to TEX. REV. CIV. STAT. art. 5190.14, § 5 (the "Act"). In executing this agreement, the City of Fort Worth confirms those undertakings, agreements, and commitments in favor of NASCAR pursuant to the Act. EXECUTED effective the 4th day of January, 2012. CITY OF FORT WORTH: By: Susan Alanis Assistant City Manager Caa,1/4„,, APPROVED AS TO FORM AND LEGALITY: ATTEST: By: /V\C(r J • City Secretary Peter Vaky I?es. 35/3-Oft-20o7 Deputy City Attorney „etc Oft 71:44 00000 O OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX NATIONAL ASSOCIATION FOR STOCK CAR AUTO RACING, INC. aft By: JN Steve O'Donnell, Senior Vice President Racing Operations MIKE HELTON PRESIDENT lilt?I(C1 _'ll 12 i Clit I C\' ; h ( lat.l;l 111: (i,HP,: I:li It'll to �ii;ii lotor Sln'.cl\r lit, h:"11111111,i t)II '\prli tiled C\'t.'lllti 11er.f illiln'_' l)n NI1\ e11110C1 1 ) aClll<_ hC ;tit3Ill:,li11L 12)andthe , he)Id s;tn n' 511) tIt w\ l Ill\ clnlisitl» tl Cilllil`CilliItI 1111'CC)1111)C[?!017, i111C1 t) 11aua CII)Clll, 1111:11) i ii Ile II 1 U1 111C i :trc.' C21\ Lir 1l tllll hcr,�( \,iV•:,( ,\r( I11-. dee,n111\ `{I01l'I1 Il'' „Illt tic 1 lie ( nail\ OW '\ cuts. [I) lialeu (rl r_) I.titiara, _ MOroR.:‘poRls CLN,ER ONE DAY TON 13OULFVARD DAY rONA BEACH, FLoH1E7rl 32)14 tE).EPHONE: 3t36.3t0.C58 77 FAX- 386.7.110.6610 I\I,;i 51,ririt Hip 1. conApi4il i-I.2.)I,(\kitll 11) tihl'int l- up race on \t)\ ember -1. .2012 IC C\ (.'Illy, 1,1Lc1ib 101" Ic cC\ IC )I chedu1e, Ill contiilll)111ti;1t) illcluciiu?',: Ctulclilit)n t)I the lacilit\the nlaricel )OFt), CUlllheti )a,l hi.sior\al I \E1 111C1111\ llt)lulSl)c\rl� 'tither COI ltllll fir( k-s ,)\ 1' CIVIL':. a I 1?;:kltli)(t'I'S )!1't)llllti Ih:lt k Sprint (:up Set n<°Ul)Il .x\')I'cL n1L'Ill \\ ith 'N Ic)tt)i illt ('up mid other \';)..l(( e\ cnt., :1t lhi \!?1LIr1;16011. Ihc' ;illtltlal Ilai,',nrnclll l on-11 )Ct 11 li n t1111 11111' ). 1't1111ier' III 011C. \\hich. d 1 I 1101L' iliaT :i 111 1 1.1011e 111 Il11111e1;i1ICC 0 1hek hetil 1 (` i101 IIi'titta e .L 111 (lll Ct)1111)clit it)i Fit ite tilll)1)I\ criteria W. crihed gec (lairill)u. ha\r ills•'.u111)t t'I ,heir it)n ,l c\ein is held is in N \`,t \ ariciik Ills?ti';tl'\ iial.ellor cl ti ;l C1 )i(:: tall\ - 101' Spee Iwct\ IllaCiC 011 a highly 't.'111 Sian', ti't ohlain a scct)Ikl 1't1CL \\hen a it,aL Ii Clirlcllll\' \\'IlIt)III 11lc:`ti. \\\+iJlil Ilea sstIcily ha\ C tt) `VAR obvious!\ `;:a1( c)1' I )cal L't)Iillilllllllll"�. ,t)Ic discretion and is L` -pori as a \\ Ia'le.