OTHERAMENDED

City of Berkeley Resolution Modifying Contract 32200036 with Visit Berkeley Jan 2023

Berkeley Removes Cap on Visit Berkeley TOT Contract

Not-to-exceed amount of $700,000 removed; actual payments to date total $764,575.68 as of October 31, 2022 with additional FY 2023 true-up to be paidCity of BerkeleyBERKELEY CONVENTION & VISITORS BUREAU DBA VISIT BERKELEYJanuary 31, 2023

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Description

The City of Berkeley ratified a recess action to amend sole source Contract No. 32200036 with the Berkeley Convention and Visitors Bureau d.b.a. Visit Berkeley by removing the $700,000 not-to-exceed cap for July 1, 2020 through June 30, 2023. This modification allows full pass-through of one-twelfth of actual Transient Occupancy Tax revenues, with at least $764,575.68 already due for tourism marketing and promotion and an additional FY 2023 true-up payment forthcoming.

Contract Details

Contract Amount

Not-to-exceed amount of $700,000 removed; actual payments to date total $764,575.68 as of October 31, 2022 with additional FY 2023 true-up to be paid

Vendor

BERKELEY CONVENTION & VISITORS BUREAU DBA VISIT BERKELEY

Agency

City of Berkeley, CA

Contract Type

OTHER

Document Date

January 31, 2023

Contract Term

July 1, 2020 through June 30, 2023

Renewal Date

2023-06-30

Renewal Info

Amendment removes the previous $700,000 not-to-exceed ceiling so that all actual TOT revenues equal to one-twelfth of collections for FYs 2022-2023 can be passed through; ongoing annual contracts are anticipated under the 1991 Convention and Visitors Bureau Creation framework but no automatic renewal date is specified for this term.

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