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Item 9BInnovation ◊ Integrity ◊ Accountability ◊ Commitment to Excellence ◊ Teamwork Item 9B Consider approval of a limited term Valet Parking Services Use Agreement with Hilton Southlake Town Square and Lone Star Valet Parking Service, Inc. to provide for use of the West Parking Garage, Level 4 for valet services. Recommendation To free up on the ground parking Garages Owner - Southlake Town Square Assn City to purchase Closing scheduled before year end After Closing, City must have agreement for commercial use Purpose Provide for Valet Service for Hilton West Garage, 4th Floor Only For Holiday Season Only Drafted by City Attorney’s Office Limited Term – Expires Feb 29, 2008 No compensation for use Terms of Agreement New Agreement will be brought back to Council in 2nd Quarter Principals Lone Star Valet Southlake Hilton Town Square Limit Allowable Valet Parking Fee? Other Terms Innovation ◊ Integrity ◊ Accountability ◊ Commitment to Excellence ◊ Teamwork Questions?