HomeMy WebLinkAbout031423 ORD - 04/24/2018 Page 1 of 2
Ordinance approving a Business Incentive Agreement between the
Corpus Christi Business and Job Development Corporation and
Jimenez Engineering Solutions, LLC, dba International Consulting
Engineers, to provide a grant of up to $125,000, for the creation of
jobs; appropriating said funds from the Business/Job Development
Fund; and amending the budget.
Whereas, the Corpus Christi Business and Job Development Corporation ("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 Jimenez
Engineering Solutions, LLC, dba International Consulting Engineers ("ICE") for the
creation of at least 25 full-time jobs with an annual payroll of at least $1 ,400,000 (average
salary of $50,000 per job) over a five-year period 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 creation of jobs between the Type A Corporation
and ICE;
Whereas, the Board of the Directors of the Type A Corporation (the "Board") approved
an agreement with ICE for an incentive in the amount of$125,000 in its meeting on March
19, 2018.
Now, therefore, be it resolved by the City Council of the City of Corpus Christi,
Texas:
SECTION 1. That the business incentive agreement between the Type A Corporation
and ICE, which provides for the creation of jobs within the City of Corpus Christi, is
approved.
SECTION 2. That $125,000 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 ICE for the creation of jobs.
SECTION 3. That Ordinance No. 031255, which adopted the FY 2017-2018 Operating
Fund, is changed to increase proposed expenditures in the No. 1140 Business/Job
Development Fund by $125,000 for a business incentive grant from the Type A
Corporation to ICE for the creation of jobs.
ATTEST: THE CITY OF CORPUS CHRISTI
Rebecca Huerta
jr-e
McComb
City Secretary yor
d1f4241c-28c1-4f2c-b36b-b606b22f52a7
031423
INDEXED
Page 2 of 2
Corpus ChFisti, Texas y
4 4 of 0♦' 2-tat Q LO lg
That the foregoing ordinance was read for t e first time and passed to its second
reading on this the Pi tl-bay of C� y tile
, 2018, by the following vote:
Mayor Joe McComb 1. I Ben Molina
Rudy Garza a Lucy Rubio (,C
Paulette Guajardo 11 Greg Smith0
Michael Hunter ' Garolyn-Vaagbn \/(j Ca--R1
Debbie Lindsey-Opel I 1 _
That the fofbgoing ordin nce was read for the second time and passed finally on this
the ,--2L-1- ay of Lit , 2018, by the following vote: ///��� ---- ----
Mayor Joe McComb Ben Molina
Rudy Garza I. Lucy Rubio
Paulette Guajardo Pf Greg Smith
Michael Hunter Oafulyn Vauylul Yak, 0A-Lk
Debbie Lindsey-Opel (LthQ,{uP
PASSED AND APPROVED on this theG2 t`iday of 3sdN` -9- , 2018.
ATTEST:
Rebecca Huerta Joe McComb
City Secretary Mayor
d1 f424fc-28c1-4f2c-b36b-b606022f52a7
113142.
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, 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.
r / g- Oya3
City Council Action Date: April 24, 2018
Agenda Item:
Ordinance approving a Business Incentive Agreement between the Corpus Christi Business and
Job Development Corporation ("Type A Corporation") and Jimenez Engineering Solutions, LLC
dba International Consulting Engineers ("ICE)to provide a grant of up to$125,000, for the creation
of jobs and appropriating $125,000 from the unreserved fund balance in the No. 1140
Business/Job Development Fund for said business incentive grant from the Type A Corporation
to ICE; and changing the FY 2017-2018 operating budget, adopted by Ordinance No. 031255, by
increasing proposed expenditures by $125,000.
Amount Required: $125,000.00
Fund Name Account No. Fund No. Org. No. Project No. Amount
CCBJDC 530000 1140 15020 $125,000.00
Total $125,000.00
❑ Certification Not Required
Director of Financial Services
Date: APR 1 7 2018