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HomeMy WebLinkAbout2023-271-E-Visitors Brueau-Town of Chapel Hill-License seat CoStar realty information DocuSign Envelope ID: FOE3C587-2A4F-4485-8E7C-1838EFB72794 MEMORANDUM 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 Visi_t_or'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 day of , 2023. CDocuSigned by: fjDlnl A, 11A.►MW Lk4/9/2023 0637994B755E477... Orange County Manager T n of thapel Hill - 1 - 1 DocuSign Envelope ID: FOE3C587-2A4F-4485-8E7C-1838EFB72794 ORANGE COUNTY-INTERNAL USE ONLY Finance Information Vendor Name: Town of Chapel Hill Vendor Contact Person: Sarah Potter Phone:spotter(oDtownofchapelhill.ore Address:405 Martin Luther King Jr Blvd City Chapel Hill State:NC Zip:27514 Department:EDCNisitors 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 Contract Type: ®New ❑Amendment(Original Contract: )(Most Recent Amendment ) 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 relat�t is agreement�iave a rea�orbeen completed.Description of the nature of the emergency condition that was addre "—signed by: 54vt "Wa&y 513112023 Department Director's Signature 10 Date: Information Technologies This agreement has been reviewed and is approved as to information technology content and specifications: Office of the Chief Information Officer Date: ®Inapplicable because no hardwarelsoftware purchases or related services Risk Management This agreement is approved for sufficienc f b''standards,specifications,and requirements: M.t,� ssa fit�t,�.t,Y' 6/2/2023 Office of the Risk Management Officer seasaale3si saE1... Date: Financial Services DocUSI This instrument has been pre-audited in e anner r�qu m d by the Local Government Budget and Fiscal Control Act: 6/9/2023 Office of the Chief Financial Officer 7D4E5181Acc1409... Date: Legal Services This agreement is approved as to leg =4ky�wIeJency: 6/9/2023 Office of the County Attorney EeA3D33EDSAaasS..- 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: Revised 04/23 1