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HomeMy WebLinkAbout10/1/2003 - STAFF REPORTS (11) SECOND AMENDMENT TO AGREEMENT FOR TOURISM SERVICES This Second Amendment ("Second Amendment") is made and entered into this day of September, 2003, by and between the CITY OF PALM SPRINGS, a municipal corporation("City") and SMG, a Pennsylvania general partnership ("Manager"). RECITALS A. On or about April 15, 1998, City and LMI/HHI, Ltd., a Texas limited partnership ("LMI") entered into the "Agreement for Tourism Services" ("Agreement"), pursuant to which LMI agreed to organize, manage and coordinate all advertising, licensing, promotional, marketing and public relation activities that promote the City as an attractive locale for recreational, cultural, educational, entertainment, professional, social, corporate and other activities. B. On or about March 16, 2000, LMI notified City of a change of ownership interest and requested that the City approve the assignment of LMI's duties and obligations Under the Agreement to Manager. C. On or about April 5, 2000, the City approved LMI's assignment to Manager. D. In accepting the assignment of the Agreement, Manager assumed full responsibility to provide those services specified in the Agreement to be provided by LMI. E. The term of the Agreement was for a five (5)-year period expiring on June 30, 2003. F. On June 18, 2003, the City and Manager entered into the "First Amendment to Agreement for Tourism Services" ("First Amendment") to extend the term of the Agreement for ninety (90) days to allow the parties to negotiate a new agreement. G. City and Manager are continuing to negotiate the new agreement in good faith. Due to the complexity of the issues involved, the parties do not believe that they will be able to complete their negotiations prior to the expiration of the First Amendment. H. City and Manager desire to extend the term of the Agreement for an additional sixty (60) days to enable the parties to complete their negotiations and finalize a new agreement. 8I 1003/002/26364.01 Page 1 of 2 e AGREEMENT The recitals contained above are incorporated herein by reference and the Agreement is hereby amended as follows: 1. Section 5.3 "Tenn" is amended to read as follows: "5.3 Term. The term of this Agreement shall be hereby extended to November 30, 2003, unless earlier terminated in accordance with Section 9.7 or 4.2 of this Agreement," or until this Agreement has been superceded by an amended and restated agreement. 2. Except as expressly provided herein, all other terms and conditions of the Agreement shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto executed this First Amendment to be effective as of the Date first written above. CITY OF PALM SPRINGS, a municipal corporation By: City Manager ATTEST: SMG, a Pennsylvania general partnership By: City Clerk Name Title APPROVED AS TO FORM: City Attorney bl,4x 1003/002/26364.01 Page 2 of 2 MINUTE ORDER NO. APPROVING THE SECOND AGREEMENT FOR TOURISM SERVICES BETWEEN THE CITY OF PALM SPRINGS AND SMG WHICH EXTENDS THE EXISTING AGREEMENT FOR SIXTY DAYS TO NOVEMBER 30, 2003 TO ENABLE FINALIZATION OF NEW AGREEMENT I HEREBY CERTIFY that this Minute Order approving the Second Agreement for Tourism Services Between the City of Palm Springs and SMG which extends the existing agreement for sixty (60) days to November 30, 2003 to enable finalization of a new agreement was adopted by the City Council of the City of Palm Springs, California in a meeting thereof held on the day of 2003. Patricia A. Sanders City Clerk