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HomeMy WebLinkAbout031677 ORD - 02/19/2019 Page 1 of 2 ORDINANCE Approving a Small Business Incentives Agreement between the Corpus Christi Business and Job Development Corporation and Del Mar College to provide grant up to $133,000 for their Contractor Resource Center program; appropriating $133,000 from the unreserved fund balance in the Business/Job Development Fund; and amending the budget. Be it ordained by the City Council of the City of Corpus Christi, Texas: SECTION 1. That a Business Incentive Agreement between the Corpus Christi Business and Job Development Corporation (the "Type A Corporation") and Del Mar College ("Del Mar") providing a grant of $133,000 to fund Del Mar's Contractor Resource Center as approved by the Type A Corporation on January 21, 2019, is approved. SECTION 2. That $133,000 from the unreserved fund balance in the Fund No. 1140 Business/Job Development Fund is appropriated for a business incentive grant from the Type A Corporation to Del Mar to fund their Contractor Resource Center Program. SECTION 3. That Ordinance No. 031548, which adopted the FY 2018-2019 Operating Fund, is amended to increase proposed expenditures in the No. 1140 Business/Job Development Fund by $133,000 for a business incentive grant from the Type A Corporation to Del Mar to fund their Contractor Resource Center Program. • -jl PASSED AND APPROVED on this the day of ,i ' I' • 019. ATTEST: 1-4—W.Arte a L'C Rebecca Huerta J.- cComb City Secretary a .r 031677 40df0887-34ea-4e49-b11b-673cc633812c CRC SCANNED Page 2 of 2 That the foregoing or�ince was read for the first time and passed to its second reading on this the I` day of,b'ata, 019, by the following vote: Joe McComb (tCL, Michael Hunter Roland Barrera ____(1.p__ Ben Molina 01, Rudy Garza __JEverett Roy aj, Paulette M. Guajardo A. i Greg Smith Gil Hernandez ,i 4 That the foregoin ordinance was read for the second time and passed finally on this the gt''Jday of'-� a, .t, 2019, by the following vote: Joe McComb Michael Hunter OADe.,i,d- O Roland Barrera ' Ben Molina ake. Rudy Garza --- 6Everett Roy Paulette M. Guajardo dy, Greg Smith Gil Hernandez c-t,5,, ! , 316;' 40df0887-34ea-4e49-b11b-673cc633812c CRC 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: February 19, 2019 Agenda Item: Ordinance approving a Small Business Incentives Agreement between the Corpus Christi Business and Job Development Corporation and Del Mar College to provide grant up to $133,000 for their Contractor Resource Center program; appropriating $133,000 from the unreserved fund balance in the Business/Job Development Fund; and amending the budget. Amount Required: $ 133,000 Fund Name Accounting Unit Account Activity No. Amount No. Economic Dev Fund 1140-15020-777 530000 $133,000 Total Certification Not Required ahtlek- Director of Financial Services Date: 2-1 ! l t 2-0 L 9