HomeMy WebLinkAbout031596 RES - 11/27/2018 Page 1 of 2
RESOLUTION
Approving the renewal of the Small Business Incentives Agreement
between the Corpus Christi Business and Job Development
Corporation and Del Mar College to provide grant up to $150,000 for
their internship program.
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 Del Mar
College for an intern program within the City will best satisfy this goal;
WHEREAS, City Council deems that it is the best interest of the City and citizens to
renew the business incentives agreement for an intern program between the Type A
Corporation and Del Mar College;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
SECTION 1. That the renewal of the business incentives agreement for business
development between the Type A Corporation and Del Mar College for an intern
program within the City of Corpus Christi, in the form attached to this resolution, is
approved.
This resolution ta es effect upon City Council approval on this the day of
VI\J , 2018.
e4ea92f6-a01f-432a-91e1-7e97158808fcDMC 031596
SCANNED
Page 2 of 2
ATTEST: THE CITY OF CORPUS CHRISTI
Al A
e•ecca Huerta Joe cL,omb
City Secretary May r
Corpus Christi, Texas
of e4 Qi ) , 9-06
The above resolution was passed by the following vote:
Joe McComb
Rudy Garza
Paulette Guajardo ,
Michael Hunter CtibuiA4
Debbie Lindsey-Opel
Ben Molina '
Everett Roy I
Lucy Rubio '
r
Greg Smith
e4ea92f6-a01f-432a-91e1-7e97158808fcDMC i 1 3 15 91,
Renewal
Small Business Incentive Agreement Between
Corpus Christi Business and Job Development Corporation
and Del Mar College
Renewal No.: 1 Date: September 17, 2018
The Corpus Christi Business and Job Development Corporation hereinafter referred to as
the Corporation, and Del Mar College, hereinafter referred to as Del Mar, do hereby make and
enter into this Renewal No. 1 of the Small Business Incentive Agreement ("Renewal") which,
together with the Small Business Incentive Agreement, which was approved by City Council on
October 10, 2017, and all other duly executed amendments, constitutes the entire agreement
under the above-referenced agreement between the Corporation and Del Mar.
This Renewal is to exercise the first one-year option provided for in section 2.b. of the
agreement. The Term of this renewal option is January 1, 2019 through December 31,
2019.
The grant provided for this Renewal term shall not exceed $150,000 as provided in
section 3 of the agreement.
The Corporation and Del Mar agree to and shall abide by all terms and conditions of the original
agreement and any amendments thereto, to the extent they are not in conflict with the terms of
this Renewal.
rk Escamilla, Ph.D. Date, Scott Harris Date
resident and CEO President
Del Mar College Corpus Christi Business and Job
Development Corporation
PROVED AS TO LEGAL FORM
•
. AA _ M,.-4 ..1 LOIN)l
Assistant Ci y Attorney Date
Attorney for Corporation
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.
City Council Action Date: November 27, 2018
Agenda Item:
Resolution approving the renewal of the Small Business Incentives Agreement between the Corpus
Christi Business and Job Development Corporation and Del Mar College to provide grant up to
$150,000 for their internship program.
Amount Required: $150,000
Fund Name Accounting Unit Account Activity No. Amount
No.
Economic Dev Fund 1140-15020-777 530000 $150,000
•
•
Total $0 isc, &o0
Certification Not Required
Director of Financial Services
Date: NOV 2 6 2018