HomeMy WebLinkAbout031966 ORD - 12/17/2019 Page 1 of 2
Ordinance approving Renewal No. 1 to the Small Business Incentives
Agreement between the Corpus Christi Business and Job Development
Corporation and Del Mar College to provide a grant up to $133,000 for the
Contractor Resource Center program to assist small businesses bid for
existing and upcoming large industrial opportunities; appropriating
$133,000 from the unreserved fund balance in the Business and 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 Renewal No. 1 of the 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 College's
Contractor Resource Center as approved by the Type A Corporation on October 28,
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. 031870, which adopted the FY 2019-2020 Operating
Budget, 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.
T 's ordinance takes effect upon City Council approval on this the / 7 y of
, 2019.
ATTEST: THE CITY OF CORPUS CHRISTI
stioLtza.„ , KA. (.,t-ip-s4.4.1 --
Re•ecca Huerta cComb
City Secretary - •r
031966
Item 14 CRC SCANNED
Page 2 of 2
That the foregoing ordi ce was r ad for the first time and passed to its second
reading on this the / day of , 2019, by the following vote:
Joe McComb 91 Michael Hunter /47k
Roland Barrera 1V Ben Molina /ty R._
Rudy Garza / 7/r{ Everett Roy :'
Paulette M. Guajardo6 Greg Smith
1
Gil Hernandez A/Q-
That
the foregoing ordinance was read for the second time and passed finally on this
the 1 --day of 9�«x1019, by the following vote:
Joe McComb Michael Hunter _
Roland Barrera .�, Ben Molina /42_
Rudy Garza 4 e Everett Roy 4 J
Paulette M. Guajardo Al
ILA., Greg Smith
Gil Hernandez /. '
PASSED AND APPROVED on this the ) qday of 4fe,e,1 6e-K" , 2019.
ATTEST:
•
elAt,e,ZL-t"-T'Ii —V 1�'^ /..
Re ecca Huerta J.- cComb
City Secretary - •r
03196E
Item 14 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: December 17, 2019
Agenda Item:
Approving a Small Business Incentives Agreement between the Corpus Christi Business and Job
Development Corporation and Del Mar College (Del Mar) to provide grant up to $133,000 for their
Contractor Resource Center (CRC) program to assist small businesses bid for existing and upcoming
large industrial opportunities; 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 $133,000
Certification Not Required
r
I' lt At
Direc or of -in= I services
Date:
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