Title
Subject: Oakland Convention And Visitors Bureau - Fiscal Review
From: Cultural Arts And Marketing Department
Recommendation: Adopt A Resolution Authorizing The City Administrator To Negotiate And Execute A Two-Year Professional Services Agreement With The Oakland Convention And Visitors Bureau To Provide Visitor Marketing Services In An Amount Not To Exceed $650,000 For Fiscal Year 2005-2006 And $650,000 For Fiscal Year 2006-2007 And Provide A Financial Incentive Should Transient Occupancy Tax (TOT) Receipts Exceed Annual Budgeted Revenues And OCVB Exceed Its Annual Cumulative Economic Value Benchmark