Loading...
HomeMy WebLinkAbout029797 ORD - 04/23/2013Page 1 of 3 Ordinance Approving a Business incentive Agreement between the Corpus Christi Business and Job Development Corporation ( "Type A Corporation ") and Texas A &M University- Corpus Christi ( "TAMU- CC") to provide a grant of up to $600,000 for an application to the Federal Aviation Administration (FAA) to locate an Unmanned Aerial Systems (UAS) test range in Corpus Christi, Texas, and authorizing the City Manager, or designee, to execute a Business Incentive Project Support Agreement with the Type A Corporation regarding implementation and administration of the TAMU -CC Business Incentive Agreement; amending the budget to allow for this funding of up to $600,000 from the Unreserved Fund balance in the No. 1140 Business /Job Development Fund and appropriating up to $600,000 to the Unreserved Fund Balance in the No. 1140 BusinesslJob Development Fund. Whereas, the Type A Corporation has budgeted funds to assist businesses create or retain jobs in the City of Corpus Christi, Texas ( "City "). Whereas, the Type A Corporation has requested proposals from businesses that will create or retain jobs within the City, and determined that the proposal from TAMU -CC for an application to the Federal Aviation Administration (FAA) to locate an Unmanned Aerial Systems (UAS) test range in Corpus Christi, Texas, will best satisfy this goal; Whereas, City Council deems that it is the best interest of the City and citizens to approve the business incentive agreement for an application to the Federal Aviation Administration (FAA) to locate an Unmanned Aerial Systems (UAS) test range in Corpus Christi, Texas between the Type A Corporation and TAMU -CC; Whereas, there is a need for a business incentive project service agreement between the City and the Type A Corporation for the implementation and administration of the business incentive agreement for an application to the Federal Aviation Administration (FAA) to locate an Unmanned Aerial Systems (UAS) test range in Corpus Christi, Texas between the Type A Corporation and TAMU -CC. Now, therefore, be it resolved by the City Council of the City of Corpus Christi, Texas: SECTION 1. That the business incentive agreement for an application to the Federal Aviation Administration (FAA) to locate an Unmanned Aerial Systems (UAS) test range in Corpus Christi, Texas between the Type A Corporation and TAMU -CC, which is on file at the City Secretary's office, is approved. SECTION 2. That the City Manager, or designee, is authorized to execute a project service agreement between the City and Type A Corporation for the implementation and administration of the business incentive agreement with TAMU -CC, which is on file at. the City Secretary's office. ORDINANCE — TAMC CC FAA Grant 3- 15- 1303114113 029797 INDEXED Page2of3 SECTION 3. That $600,000 from the unreserved fund balance in the No. 1140 Business /Job Development Fund is appropriated for a business incentive grant from the Type A Corporation to TAMU -CC for an application to the Federal Aviation Administration (FAA) to locate an Unmanned Aerial Systems (UAS) test range in Corpus Christi, Texas. SECTION 4. That Ordinance No. 029565, which adopted the FY 2012 -2013 Operating Fund, is changed to increase proposed expenditures in the No. 1140 Business /Job Development Fund by $600,000 for a business incentive grant from the Type A Corporation to TAMU -CC for an application to the Federal Aviation Administration (FAA) to locate an Unmanned Aerial Systems (UAS) test range in Corpus Christi, Texas. That the foregoing or ante was,ead fo.� the first time and passed to its second reading on this the 1iay of Nelda Martinez Kelley Allen Rudy Garza Priscilla Leal David Loeb ORDINANCE — TAMC CC FAA Grant 3-15-1303/14/13 , 2013, by the following vote: Chad Magill Colleen McIntyre Lillian Riojas Mark Scott Page 3of3. That the or going ord. ance w read for the second time and passed finally on this the 4 day of , 2013, by the following vote: Nelda Martinez Kelley Allen Rudy Garza Priscilla Leal David Loeb PASSED AND APPROVED, this the ATTEST: Armando Chapa City Secretary ORDINANCE -- TAMC CC FAA Grant 3- 15- 9303/14113 Chad Magill Colleen McIntyre Lillian Riojas Mark Scott day of 2013. Nelda artinez Mayor 029797 CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) 1, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to the City Council and other appropriate officers that the money required for the current fiscal year's portion of the contract, agreement, obligation or expenditure described below is in the Treasury to the credit of the Fund specified below, from which it is to be drawn, and has not been appropriated for any other purpose. Future payments are subject to annual appropriation by the City Council, City Council Action Date: April 23, 2013 Agenda Item: Ordinance approving a Business Incentive Agreement between the Corpus Christi Business and Job Development Corporation ( "Type A Corporation ") and Texas A &M University- Corpus Christi ( "TAMU -CC ") to provide a grant of up to $600,000 for an application to the Federal Aviation Administration (FAA) to locate an Unmanned Aerial Systems (UAS) test range in Corpus Christi, Texas, and authorizing the City Manager, or designee, to execute a Business Incentive Project Support Agreement with the Type A Corporation regarding implementation and administration of the TAMU -CC Business Incentive Agreement; amending the budget to allow for this funding of up to $600,000 from the Unreserved Fund balance in the No. 1140 Business /Job Development Fund and appropriating up to $600,000 to the Unreserved Fund Balance in the No. 1140 Business /Job Development Fund. Amount Required: $ 600,000 Fund Name Account No. Fund No. Org. No. Project No. Amount CCBJDC 530000 1140 15010 $600,000 Total $ 600,000 ❑ Certification Not Required s Director of Financial Services Date: - ;_zay