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0 ti:.4:0. 1.,. W N THIS AGREEMENT, made and entered into this 1st day of July , 1989, by and among the CITY OF CHARLOTTESVILLE, a municipal corporation of the Commonwealth of Virginia (the "City" herein), the COUNTY OF ALBEMARLE, a political subdivision in the Commonwealth of Virginia (the "County" herein), and the CHARLOTTESVILLE-ALBEMARLE CHAMBER OF COMMERCE (the "Chamber" herein), for the purpose of maintaining and operating the Charlottesville -Albemarle Visitors' Bureau (the "Bureau" herein). The purpose of the Charlottesville -Albemarle Visitors' Bureau is to promote the Charlottesville -Albemarle area as a desirable tourism destination; to provide information about the area to visitors who come to the Information Bureau; to provide tourist information to potential visitors; to assist group tour planners in arranging local itineraries; and to provide meeting planners with information on meetings and conference facilities and services within the Charlottesville -Albemarle area. WITNESSETH: NOW, THEREFORE, IN CONSIDERATION of the following mutual covenants, • promises and conditions, the City, County and the Chamber (the "parties" herein) agree as follows: (1) The parties shall operate the Bureau within the Charlottesville and Albemarle area to enhance tourism with the primary purpose to assist the individual tourist. The Bureau shall be an unincorporated association of the parties under the control of a Management Committee composed of the County Executive, the City Manager and the President of the Charlottesville -Albemarle Chamber of Commerce. (2) The Management Committee will supervise the activities of the Bureau through the Bureau's director. The Management Committee shall approve the annual budget of the Bureau before it is transmitted to the parties for final funding and shall approve all operation policies including other fund raising. (3) The staff of the Bureau shall be considered City employees and operate under the City's personnel -payroll system and its policies. (4) The Bureau's office and operations shall be located in the Thomas Jefferson Memorial Foundation building located on Route 20 adjacent to Piedmont Virginia Community College. (5) The Management Committee shall rotate the chairmanship annually among its three members. The Committee shall meet quarterly or more often if required. The Committee may, if it so chooses, adopt bylaws not inconsistent with this agreement. is(6) The Management Committee shall provide the parties with an annual accounting of the Bureau's funds and an annual report of the Bureau's activities.