HomeMy WebLinkAbout2023-252-E-Visitors Brueau-Town of Chapel Hill-1 license (seat) CoStar Realty Information Inc, STR BenchmarkingMEMORANDUM OF UNDERSTANDING
BETWEEN
ORANGE COUNTY VISITOR’S BUREAU AND THE
TOWN OF CHAPEL HILL
Funding for Joint CoStar Realty Information, Inc. Subscription
WHEREAS, North Carolina law authorizes counties to enter into agreements with third parties to
provide services under mutually agreed upon terms and conditions; and
WHEREAS, Orange County Visitors Bureau (“County”) and the Town of Chapel Hill (“Town”)
wishes to provide services or engage in joint economic development activities as designated herein,
and its residents and businesses would benefit from those services or activities.
NOW THEREFORE, the County and Town agree, through this Memorandum of Understanding
(“MOU”), to the following terms and conditions:
1.The County will pay the Town Five Thousand One Hundred and Sixty Dollars ($5,160) for
the fiscal year 2023-2024. The funding will cover the cost for Orange County Visitor’s Bureau
to have one license (seat) through June 01, 2024, to CoStar Realty Information, Inc. STR
Benchmarking. STR Benchmarking provides hospitality and hotel occupancy data and industry
benchmarking reports.
2.The Town shall invoice the County, in writing, each fiscal year. The County will then provide
to the Town annual funding to cover to cost of the County’s license.
3.The County shall not be obligated to provide work, supplies, staffing, or other items or things
to the Town for the performance of its services or activities, unless otherwise outlined in the
request as referenced under point 2. No partnership, joint venture, or other relationship is
formed by entry into this MOU.
4.This MOU shall be effective from June 01, 2023, through and including June 01, 2024.
Wherefore the Parties hereto have set their hands and seals this _31st_ day of __May___, 2023.
________________________ _________________________
Orange County Manager Town of Chapel Hill
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DocuSign Envelope ID: F0E3C587-2A4F-4485-8E7C-1838EFB72794
6/9/2023
Revised 04/23
1
ORANGE COUNTY—INTERNAL USE ONLY
______________________________________________________________________________
Finance Information
Vendor Name: Town of Chapel Hill Vendor Contact Person: Sarah Potter Phone: spotter@townofchapelhill.org
Address: 405 Martin Luther King Jr Blvd City Chapel Hill State: NC Zip: 27514 Department: EDC/Visitors
Bureau Amount: $5160 Purpose: 1 license (seat) CoStar Realty Information Inc, STR Benchmarking Budget
Code(s): 37600520-611000 Vendor # N/A
Vendor Status with NCSOS: Vendor is a BOCC consultant: Yes No
Contract Details
) (Most Recent Amendment ) Contract Type: New Amendment (Original Contract:
Effective Date June 01, 2023 End Date June 01, 2024 Notice Date (Notice Purpose )
Award
Approved by Board (Agenda Date: ); Made or Administered by
Signature Authority
- BOCC Express Delegation (Agenda Date: )
-Policy 9.4:Under $5,000; Service Under $90,000; Construction Under $250,000
- Budget Policy Section XV (Capital Improvement Project: )
Bidding
Informal Bidding ($30k-$90k); Formal RFP ($90k+); Other (<$30k); Exception(# )
Department Affirmation
This agreement is approved as to technical form and content and I as Department Director affirmatively state work
on this project has not been initiated prior to execution of the agreement.
Services related to this agreement have already begun or been completed. Description of the nature of the
emergency condition that was addressed:
Department Director’s Signature ________________________________________ Date: ________
Information Technologies
This agreement has been reviewed and is approved as to information technolo gy content and specifications:
Office of the Chief Information Officer___________________________________ Date: ________
Inapplicable because no hardware/software purchases or related services
Risk Management
This agreement is approved for sufficiency of insurance standards, specifications, and requirements:
Office of the Risk Management Officer___________________________________ Date: _________
Financial Services
This instrument has been pre-audited in the manner required by the Local Government Budget and Fiscal Control Act:
Office of the Chief Financial Officer ____________________________________ Date: _________
Legal Services
This agreement is approved as to legal form and sufficiency:
Office of the County Attorney __________________________________________Date: ________
Clerk to the Board
All Docusign contracts must be copied to the Clerk upon completion: occlerkdocs@orangecountync.gov
The following signature block is for hard copies only and is not required for Docusign contracts:
Received for record retention:
Office of the Clerk to the Board __________________________________________Date:_________
DocuSign Envelope ID: F0E3C587-2A4F-4485-8E7C-1838EFB72794
5/31/2023
6/2/2023
6/9/2023
6/9/2023