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<br />STATE OF TEXAS ~ <br /> <br />COUNTY OF LAMAR ~ <br /> <br />CONTRACT <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br />That the CITY OF PARIS, PARIS, TEXAS, a municipal <br />corporation, acting by and through its Mayor, duly author- <br />ized, hereinafter called City, and the CHAMBER OF COMMERCE <br />OF LAMAR COUNTY, INC., a corporation, acting by and through <br />its President, duly authorized, hereinafter called Chamber, <br />in consideration of the mutual covenants, agreements, <br />stipulations and payments, hereby contract and agree as <br />follows: <br />1. That Chamber agrees to maintain a visitors and <br />convention council for the purpose of promoting and ad- <br />vertising the City of Paris and in developing an annual <br />program of work. <br />2. That Chamber shall submit for approval a proposed <br />annual program of work and budget for the same, which shall <br />include dedicating three-sevenths (3/7ths) of the total <br />budget to a convention capital improvement fund to be used <br />for the construction of a convention center, to a committee <br />composed of the Mayor of the City of Paris, one City <br />Councilman and the City Manager each year on or before April <br />1, and shall submit for approval to said committee any <br />proposed amendment to said program of work a minimum of <br />thirty (30) days before the proposed effective date of such <br />amendment, <br />3. That the Chamber I s established visitors and <br />._~ _~ ,~~~.. n"".,..t-p.,..lv and within <br />