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HomeMy WebLinkAboutresolution.council.140-25RESOLUTION # 140 (Series of 2025) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, APPROVING AN ADDENDUM TO CITY OF ASPEN AND ACRA TOURISM PROMOTION FUND AGREEMENT DATED JANUARY 1, 20231 AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAID ADDENDUM ON BEHALF OF THE CITY OF ASPEN, COLORADO. WHEREAS, there has been submitted to the City Council an Addendum to City of Aspen and ACRA Tourism Promotion Fund Agreement Dated January 1, 2023, a true and accurate copy of which addendum is attached hereto as Exhibit W% NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, That the City Council of the City of Aspen hereby approves that Addendum to City of Aspen and ACRA Tourism Promotion Fund Agreement Dated January 1, 2023, a true and accurate copy of which addendum is attached hereto as Exhibit "A" and does hereby authorize the City Manager to execute said Addendum on behalf of the City of Aspen. RESOLVED, APPROVED, AND ADOPTED FINALLY by the City Council of the City of Aspen on the 29.. day of September 2025. c, Richards, I, Nicole Henning, duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy of that resolution adopted by the City Council of the City of Aspen, Colorado, at a meeting held, September 29, 2025. Nicole Henning, City C ADDENDUM TO CITY OF ASPEN AND ACRA TOURISM PROMOTION FUND AGREEMENT DATED JANUARY 1, 2023 THIS ADDENDUM, effective this 29th day of September 2025, by and between the CITY OF ASPEN (the "City") and the ASPEN CHAMBER RESORT ASSOCIATION ("ACRA"), concerns the following: AGREEMENT In consideration of the mutual covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby mutually acknowledged, the parties agree as follows: 1. The penultimate sentence of Paragraph 13 of CVTY OF ASPEN AND ACRA TOURISM PROMOTION FUND AGREEMENT DATED JANUARY 1, 2023, (the "Agreement") is hereby deleted in its entirety and replaced with the following: Either party may terminate this agreement without cause effective May 31St of any year covered by the agreement; provided, however, that written notice is delivered to the other party not later than November 301h of the year preceding the date on which termination is to become effective. 2. All other terms of the Agreement not amended or otherwise inconsistent with the terms of this Addendum shall remain in full force and effect and the parties retain all rights, claims, defenses and privileges set forth therein. 3. This document may be executed in counterpart original copies, with the original signatures on separate pages to be collated together on one original form of the agreement. Attest: •/��— • City Clerk CITY OF AS�ja �urti7ci}�al corporation By: Pew Strecker ASPEN CHAMBER RESORT ASSOCIATION By: Debbie Braun, President