Title
RESOLUTION AUTHORIZING AN AGREEMENT WITH LAKE SUPERIOR CENTER DBA GREAT LAKES AQUARIUM IN THE AMOUNT OF $360,000.
Body
CITY PROPOSAL:
WHEREAS; the city council approved $360,000 as an operating subsidy to Great Lakes Aquarium in resolution 17-0877R passed on December 11, 2017 that appropriated the estimated 2018 hotel-motel and food and beverage tourism taxes.
RESOLVED, that the proper city officials are hereby authorized to enter into an agreement, substantially in the form of that attached as Exhibit A, with Lake Superior Center dba Great Lakes Aquarium (GLA), in an amount not to exceed $360,000, payable from Tourism Taxes Fund 258, Finance 030, Tourism Tax Allocations 5436, Lake Superior Center Authority 08.
Statement of Purpose
STATEMENT OF PURPOSE: This resolution authorizes an agreement with GLA for 2018 in order to support the educational and promotional activities of the Aquarium. This agreement is funded by tourism tax collections.