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HomeMy WebLinkAboutContract 44949-AD3 CITY SECRETARY CONTRACT NO.. CJ.. ..� THIRD ADDENDUM TO CITY SECRETARY CONTRACT NO.44949,A PROFESSIONAL SERVICES AGREEMENT WITH THE FORT WORTH CONVENTION AND VISITORS BUREAU This Third Addendum to'City Secretary Contract Number 44949 ("Third Addendum") is by and between the City of Fort Worth, a home-rule municipality organized under the laws of the State of Texas, acting by and through its duly authorized Assistant City Manager, and the Fort Worth Convention and Visitors Bureau, a Texas non-profit corporation, acting by and through its duly authorized President and C.E.O. WHEREAS, City and Bureau are parties to City Secretary Contract ("CSC") Number 44949, a professional services agreement under which the Bureau markets and promotes Fort Worth as a business and leisure destination; WHEREAS, the parties addended the CSC 44949 twice for the purpose of funding additional marketing and promotional services to more key markets through targeted outreach during fiscal years 2014 and 2015, the same being CSC 44949-ADI and CSC 44949-AD2 (CSC Nos. 44949, 44949-ADI, 44949-AD2 are collectively referred to herein as the "Agreement"); WHEREAS, the Agreement has a five-year term, effective on October 1, 2013, and requires the Bureau to prepare and submit a yearly marketing plan to the City that includes the marketing and promotional activities and services to be performed by the Bureau for the upcoming fiscal year to promote the entire city and all of its facilities and amenities ("General Marketing"); WHEREAS, funding for the General Marketing is derived from a percentage allocation of hotel occupancy Tax Collections as defined in the Agreement; WHEREAS, said funds are payable in 12 equal monthly installments based on budget projections of hotel occupancy tax revenues and subject to a yearly "true up" process that identifies deviations between actual hotel occupancy tax collections and budget projections and corrects those deviations through a series of adjustments in the subsequent year's payments; WHEREAS, pursuant to the Agreement, the Bureau prepared its Marketing Plan outlining the marketing services to be performed by the Bureau for fiscal year 2017-2018 based on the projected 2017 hotel occupancy funds that would be available, which was approved by the City; WHEREAS, the Bureau desires to prepare a strategic planning guide that produces a set of goals and a 10-year road map that will help to serve and guide future Marketing Services to be provided by the CVB under the Agreement("Destination Master Plan"); WHEREAS, City desires to engage the Bureau to provide the Destination Master Plan, which is beyond the scope of General Marketing and the current year's Destination Master Plan; WHEREAS, funding for the Destination Master Plan would be in addition to and fall outside of the funding model under the current Agreement and would not affect the ge e allocation or the associated"true up" process; and OFFICIAL RECORD CITY SEPRETARY Third Addendum to CSC 44949 1 0 FT.WORTH,TX NOW, THEREFORE, in consideration of the mutual covenants herein expressed, the parties agree as follows: 1. For and in consideration of Fifty Thousand Dollars and No Cents ($50,000.00), the sufficiency of which is hereby acknowledged, the Bureau agrees to prepare, or causes to be prepared, a Destination Master Plan with the following intended goals: a. Provide a formal, long-term plan to serve as a reference for informed, strategic decision -making on matters related to tourism development, tourism sustainability, tourism product development, and strategic alignment related to Fort Worth as a tourism destination; b. Provide specific advice and recommendations on tourism areas and product development, including, but not limited to, infrastructure needs, the physical environment, and carrying capacity of the destination and transportation; C. Recommend a decision -making framework that facilitates the development of common protocols, processes, and shared values that will lead to coordinated and collaborative action by the community. 2. The Bureau must complete the Destination Master Plan and deliver a final version to the City no later than September 30, 2018. 3. It is understood and agreed that the services related to the Destination Master Plan set forth in this Third Addendum are beyond the scope of the fiscal year 2017 Marketing Plan submitted by the Bureau and approved by the City. 4. It is further understood and agreed that funding for the services set forth in this Third Addendum is in addition to and falls outside of the funding model under the current Agreement and shall not affect the general funding percentage allocation or the associated "true up" process set forth in the Agreement. 5. All services performed under this Third Addendum are subject to all other applicable provisions of the Agreement, including, but not limited to, Sections 9-31 of the Agreement. 6. All terms and conditions of the Agreement not addressed herein remain in full force and effect and are binding upon the parties. 7. All terms in this Third Addendum that are capitalized but not defined shall have the meanings assigned to them in the Agreement. IN WITNESS WHEREOF, the City and Bureau have caused this Third Addendum to be executed and delivered by their duly authorized representatives in Fort Worth, Tarrant County, Texas on <'� 7/7 day of `Yi- kn h,11k- , 2017. 1, Third Addendum to CSC 44949 2 of 3 CITY OF FORT WORTH FORT WORTH CONVENTION AND VISITORS BUREAU By: By: R4,-.t– t A-C" U�usan Alanis Robert Jameson Assistant City Manager President and CEO APPROVAL RECOMMENDED: By: —4�4— Kirk Slaughter Director of Public Events APPROVED AS TO FORM AND�LEGAL Tyler W ch Assista City ttorney ATT of FART V, :O a y J. Kayser City Secretary ;;•�•.• j` AS Authorization: M&C Numbers: C-2648 (September 24, 2013); C-26493 (October 7, 2013); C-26800 (May 13, 2014) OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX Third Addendum to CSC 44949 3 of 3 Contract Compliance Manager: By signing I acknowledge that I am the person responsible for monitoring and administration of this contract, including ensuring all performance and reporting requirements. Name of Employee Title This formANIs No City Funds are associated with this Contract JJT Printed Name C Signature M&C Review Page 1 of 2 Official site of the City of Fort Worth, Texas CITY COUNCIL AGENDA FORTTH �WO _ COUNCIL ACTION: Approved on 10/7/2013 DATE: 10/7/2013 REFERENCE C-26493 LOG NAME: 25CVB14AGMTAMENDED NO.: CODE: C TYPE: NOW PUBLIC NO CONSENT HEARING: SUBJECT: Authorize Correction of Mayor and Council Communication C-26483 to Change the Amount of the Agreement with the Fort Worth Convention and Visitors Bureau from the Amount of $9,159,607.00 to the Estimated Amount of $9,180,091.00 for Fiscal Year 2014 (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council authorize the correction of Mayor and Council Communication C-26483 to change the amount of the Agreement with the Fort Worth Convention and Visitors Bureau from the amount of $9,159,607.00 to the estimated amount of $9,180,091.00 for Fiscal Year 2014. DISCUSSION: On September 24, 2013, (M&C C-26483) the City Council authorized the execution of the Professional Services Agreement with the Fort Worth Convention and Visitors Bureau to market and promote Fort Worth for a term of five years with two one-year options. The amount of the Agreement was incorrect. The correct budgeted amount for Fiscal Year 2014 is in the amount of $9,180,091.00 and represents a base budget amount of $7,806,966.00 (47 percent of unrestricted Hotel Occupancy Tax revenue), plus Special Public Facilities Funds in the amount of $690,000.00, plus the Fort Worth Herd funding in the amount of $683,125.00. The remaining elements of M&C C-26483 remain the same and are reflected in the appropriated Fiscal Year 2013-2014 Culture and Tourism Budget. FISCAL INFORMATION/CERTIFICATION: The Financial Management Services Director certifies that funds are available, as appropriated, in the Fiscal Year 2013-2014 Culture and Tourism Fund. TO Fund/Account/Centers Submitted for Citv Manaqer's Office by Oriqinatinq Department Head: Additional Information Contact: FROM Fund/Account/Centers GG04 539120 0241000 $8.496,966.00 GG04 539120 0241001 $669.105.00 GG04 522140 0241001 $199.00 GG04 523200 0241001 $3.796.00 GG04 537030 0241001 $7.260.00 GG04 537060 0241001 $2.765.00 Susan Alanis (8180) Kirk Slaughter (2501) Betty Tanner (2502) http://apps.cfwnet.org/council_packet/mc_review.asp?ID=19103&councildate=10/7/2013 11 /1/2017 M&C Review Page 2 of 2 ATTACHMENTS http://apps.cfwnet.org/council_packet/mc review.asp?ID=19103&councildate=101712013 11/l/2017 M&C Review Page 1 of 3 Official site of the City of Fort Worth, Texas CITY COUNCIL AGENDA FO_RTR�TH_ COUNCIL ACTION: Approved on 9/24/2013 - Corrected by M&C C-26493 on October 7, 2013 DATE: 9/24/2013 REFERENCE C-26483 LOG NAME: 25CVB14CONTRACT NO.. NOW PUBLIC CODE: C TYPE: CONSENT HEARING: NO SUBJECT: Authorize Execution of a Professional Services Agreement with the Fort Worth Convention and Visitors Bureau to Market and Promote Fort Worth for a Term of Five Years in the Amount of $9,159,607.00 for Fiscal Year 2014 (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council authorize the execution of a Professional Services Agreement with the Fort Worth Convention and Visitors Bureau to market and promote Fort Worth as a premier business and leisure destination for the benefit of Fort Worth's hospitality industry and the local economy for a term of five years with two one year renewal options in the amount of $9,159,607.00 for Fiscal Year 2014. L�]I+Y�l�b�9[�7►� The purpose of this Mayor and Council Communication is to authorize execution of a new Agreement with the Fort Worth Convention and Visitors Bureau to provide promotional and marketing services funded by Municipal Hotel Occupancy Tax (HOT) revenues. State law authorizes a city to contract with another entity to manage and supervise programs or activities funded with revenue from the HOT. In accordance with this authority, the City and the Fort Worth Convention and Visitors Bureau (CVB) have entered into a series of Agreements for the Bureau to perform professional services for the City for HOT -funded marketing programs and activities. The current Agreement (City Secretary Contract No. 36003) will expire on September 30, 2013. Over the course of the last few months, Staff and members of the CVB Board of Directors have been negotiating a new contract. Changes from previous Agreements include revision of the marketing provisions to reflect the growing importance of social media and digital publications in the marketing process and clarification in funding provisions to more clearly delineate the three-part structure of the CVB funding. Key provisions of the proposed new contract include the following: 1. General Fundinq - The CVB will be required to provide general marketing and promotional activities and services for the City, with payment for such services being based on 47 percent of the 7 percent HOT collections and being paid in 12 equal monthly installments based on budget projections of HOT revenues. At the end of each fiscal year, a "true up" process will occur to determine whether the actual HOT collections deviated from budget projections. If a deviation is discovered, it will be apportioned between the Bureau and the City on the same 47 percent to 53 percent Bureau -to -City ratio. Rather than requiring either party to make a lump -sum payment to bring the previous fiscal year's funding in line with actual receipts, the deviations will be corrected through a series of adjustments in the next year's payments to the CVB. 2. Fundina for the Soecial Public Facilities Funds - The CVB will maintain two funds to assist in attracting, maintaining and retaining tourism and convention business in Fort Worth - the Fort Worth Convention Center Public Facilities Fund and the Will Rogers Memorial Center Public Facilities Fund (collectively, SPFFs). The contract calls for the City to allocate up to the amount of $480,000.00 per http://apps.cfwnet.org/council_packet/mc_review.asp?ID=18725&councildate=9/24/2013 11 / 1 /2017 M&C Review Page 2 of 3 fiscal year for the Fort Worth Convention Center SPFF and up to the amount of $210,000.00 per fiscal year for the Will Rogers Memorial Center SPFF with funding for the SPFFs being in addition to the General Funding and subject to appropriation by the City Council during the annual budget process. 3. Fundina for the Fort Worth Herd - In 2009, the CVB assumed responsibility for management of the promotional and marketing program known as the Fort Worth Herd (Herd). The proposed contract calls for funding for the Herd operations to be in the amount of $683,125.00 for Fiscal Year 2013- 2014, with the understanding that the Bureau may request additional amounts based on demonstrated operational need and the availability of funds. Funding for subsequent fiscal years shall be agreed upon annually based upon the CVB's budget submissions and available funds to the support the Herd. Herd funding is separate and apart from General Funding and SPFF funding. Recap of Funding for Fiscal Year 2013-2014: Base Budget in the amount of $7,806,966.00 (47 percent of unrestricted HOT revenue) plus SPFFs in the amount of $690,000.00 plus Herd Funding in the amount of $683,125.00 for a total amount of $9,159,607.00. 4. Term - The initial term of the contract will be for five years beginning on October 1, 2013 and expiring on September 30, 2018, with the option to extend the contract for two additional one-year periods. 5. Marketina Plan - On a yearly basis, the CVB will develop and submit to the City a Marketing Plan that will include the services to be performed by the CVB in the upcoming fiscal year and include measurable performance criteria. The Marketing Plan will be consistent with the CVB's mission to market and promote Fort Worth as a premier business and leisure destination, so as to enrich Fort Worth's hospitality industry and the community's economy. In furtherance of that mission, the primary responsibilities of the CVB are to promote conventions, trade shows, meetings and long-term equestrian events at the City's public facilities with the intent to maximize facility revenues, hotel occupancy tax, sales tax and use of the City's public facilities. The Marketing Plan will provide the instruments to evaluate the services provided under the contract. 6. Budaet Plan - On a yearly basis, the Bureau will be required to submit to the City, for consideration and approval, a proposed written budget plan indicating the following: (i) the proposed funding for the General Funding, the SPFFs and the Herd and (ii) the projected available HOT collections for the ensuing fiscal year and any amounts available in the Bureau's reserve fund and available funding for the SPFFs. 7. Board of Directors - The contract terms allow for the City Manager to serve as an ex-officio non- voting member of the Bureau's Executive Committee and City Manager, Assistant City Manager and the Director of Public Events to serve as ex-officio non -voting members of the Bureau's Board of Directors. In addition, the contract calls for two Council Members or appointees to serve as voting members on the CVB's Board of Directors with at least one of these individuals also serving on the CVB's Executive Committee. 8. Termination - The contract will include a provision allowing either party to terminate the Agreement with 90 days notice. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that funds are available, as appropriated, in the Fiscal Year 2013-2014 Culture and Tourism Fund. TO Fund/Account/Centers FROM Fund/Account/Centers GG04 539120 0241001 $669,105.00 GG04 522140 0241001 $199.00 http://apps.cfwnet.org/council_packet/mc_review.asp?ID=18725&councildate=9/24/2013 11 / 1 /2017 M&C Review Page 3 of 3 Submitted for Citv Manager's Office bv: Oriainatina Department Head: Additional Information Contact: ATTACHMENTS GG04 523200 0241001 GG04 537030 0241001 GG04 537060 0241001 GG04 539120 0241000 Susan Alanis (8180) Kirk Slaughter (2501) Betty Tanner (2502) $3.796.00 $7.260.00 $2,765.00 $8,496,966.00 http://apps.cfwnet.org/council_packet/mc_review.asp?ID=18725&councildate=9/24/2013 11 / 1 /2017