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HomeMy WebLinkAboutContract 59692-A2Second Amendment to Fort Worth City Secretary Contract No. 59692 Page 1 of 2 SECOND AMENDMENT TO FORT WORTH CITY SECRETARY CONTRACT NO. 59692 This Second Amendment to Fort Worth City Secretary Contract No. 59692 ("Second is made between the City of Fort Worth City ), a municipal corporation and Fort Worth Convention and Visitors Bureau, a Texas non-. WHEREAS, the City and Bureau entered into an Agreement identified as Fort Worth City Secretary Contract No. 59692 beginning October 1, 2022 (the ; WHEREAS, the Agreement includes a special fund, the Motion Picture, Film, and for the purposes of promoting and marketing the City to the motion picture, film, and television industry; WHEREAS, the Agreement included an initial amount of $150,000.00 in the FMF with any unused portion to be rolled over in subsequent fiscal years; WHEREAS, it is the collective desire of both Cityand the Bureau to amend the Agreement to increase the funding for the FMF fund by $150,000.00 for fiscal year 2025. NOW THEREFORE, known by all these present, the City and the Bureau, acting herein by the through their duly authorized representatives, agree to the following terms, which amend the Agreement as follows: I. AMENDMENTS The Agreement is hereby amended by increasing the funding for the FMF by $150,000.00 plus any amounts remaining from previous fiscal years that has been carried over with the FMF. II. MISCELLANEOUS All other terms, provisions, conditions, covenants and recitals of the Agreement not expressly amended herein shall remain in full force and effect. [Signature Page Follows] Second Amendment to Fort Worth City Secretary Contract No. 59692 Page 2 of 2 Executed effective as of the date signed by the Assistant City Manager below. FORT WORTH: City of Fort Worth By: ___________________________ Name: William Johnson Title: Assistant City Manager Date: ___________________________ Approval Recommended: By: ______________________________ Name: Michael E. Crum Title: Director of Public Events Attest: By: ______________________________ Name: Jannette S. Goodall Title: City Secretary 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. By: ______________________________ Name: Andrea Wright Title: Assistant Public Events Director Approved as to Form and Legality: By: ______________________________ Name: Taylor C. Paris Title: Assistant City Attorney Contract Authorization: M&C: 24-0877 BUREAU: Fort Worth Convention and Visitors Bureau: By: ______________________________ Name: Robert L. Jameson Title: President and CEO Date: ____________________________ M&C Review CITY COUNCIL AGENDA Create New From This M&C Page 1 of 2 Official site of the Ciry of Fort Worth, Texas F��T��o�ri� -��- DATE: 10/15/2024 REFERENCE **M&C 24- LOG 1725FWCVB2023CONTRACTAMEND NO.: 0877 NAME: CODE: C TYPE: CONSENT PUBLIC NO HEARING: SUBJECT: (ALL) Authorize Execution of an Amendment to a Professional Services Agreement between the City of Fort Worth and The Fort Worth Convention and Visitors Bureau d/b/a Visit Fort Worth in an Amount Up to $150,000.00, for the Purpose Promoting the Motion Picture, Film and Television Industry ���]���h�iI��U7_r�[�]�A It is recommended that the City Council authorize the execution of an amendment to a Professional Services Agreement, City Secretary Contract No. 59692, between the City of Fort Worth and The Fort Worth Convention and Visitors Bureau d/b/a Visit Fort Worth in an amount up to $150,000.00 for the purpose of promoting the motion picture, film and television industry. I �76'�i�l+'%9 [�]►A In April of 2023, Mayor and Council Communication (M&C 23-0330), the City Council authorized execution of a Professional Services Agreement (Agreement), City Secretary Contract No. 59692, with the Fort Worth Convention and Visitors Bureau d/b/a Visit Fort Worth (CVB), in the amount of $16,650,908.00 for Fiscal Year (FY) 2023, to promote Fort Worth for a term of five years with two one-year renewal options. Under the Agreement, the CVB maintains a Motion Picture, Film and Television Marketing Fund (FMF). The purpose of the fund is the promotion and marketing of the City to the motion picture, film, and television industry to raise national awareness of the City. Upon the execution of the agreement, the City would make an allocation to the fund of up to $150,000.00 in FY 2023. Any unused FMF was due to carry over to the following fiscal year for the same purpose. The allocation of up to $150,000.00 was delivered to the CVB in FY 2023, and per the Contract, funding for subsequent fiscal years is requred to be approved annually based on available funds to support the FMF. In order to support ongoing film initiatives, Visit Fort Worth requested an additional $150,000 for FY 2024. This request was not funded in FY 2024. Visit Fort Worth has requested the additional $150,000 be approved for FY 2025. On March 21, 2023, the City Council established and adopted a policy for the Economic Development Incentives Fund (EDIF) (Resolution 5721-03-2023) which anticipated the use of certain EDIF funds in support of the attraction, promotion, or support of the motion picture, film, and television industry and related projects or programs (the use of EDIF funds for such purposes were further identified within a supplemental resolution guiding the utilization of EDIF funds through FY 2028, Resolution 583-12- 2023). In support of the Visit Fort Worth and the FMF fund, staff recommends that the current Agreement be amended to allow for the transfer of $150,000.00 from the EDIF to the Culture & Tourism Fund to be allocated to the Visit Fort Worth FMF based on the agreement described in M&C 23-0330 passed on April 25,2023. Any future proposals for use of the EDIF to support these efforts beyond the amount presented for FY 2025 or in futurre years will be presented separately. Funding is budgeted in the Other Contractual Service account within the Economic Incentives Fund for the Economic Development Department to execute the amendment to the agreement, as appropriated. http://apps.cfwnet.org/council�acket/mc review.asp?ID=32583&councildate=l0/15/2024 1/29/2025 M&C Review Page 2 of 2 FISCAL INFORMATION/CERTIFICATION: The Director of Finance certifies that upon approval of the recommendation, funds are available in the current operating budget, as previously appropriated, in the Economic Incentives Fund. Prior to an expenditure being incurred, the Economic Development Department has the responsibility to validate the availability of funds. Fund Department Account Project Program Activity Budget Reference # ID ID Year IChartfield 7 Fund Department Account Project Program Activity Budget Reference # ID ID Year (Chartfield 7 Submitted for Citv Manager's Office by: Oriqinatinq Department Head: Additional Information Contact: William Johnson (5806) Robert Sturns (2663) Christie Goodman Duke (2644) Amount Amount ATTACHMENTS 1725FWCVB2023CONTRACTAMEND updated funds availabilitv9.19.docx (CFW Internal) FID TABLE - Visit Fort Worth-2.xlsx (CFW Internal) http://apps.cfwnet.org/council�acket/mc review.asp?ID=32583&councildate=l0/15/2024 1/29/2025