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HomeMy WebLinkAboutC2023-197 - 9/19/2023 - Approved AMENDMENT NO. 1 TO THE AGREEMENT BETWEEN CORPUS CHRISTI B CORPORATION AND DEL MAR COLLEGE DISTRICT FOR INTERN PROGRAM TO SUPPORT SMALL BUSINESSES The CORPUS CHRISTI B CORPORATION, hereinafter referred to as the Corporation and DEL MAR COLLEGE DISTRICT hereinafter referred to as Del Mar, do hereby make and enter into this amendment (the "Amendment") which, together with the Agreement for the Intern Program, which was approved by the Board of Directors of the Corporation on November 14, 2022 (the "Agreement") and all other duly executed amendments, constitutes the entire agreement between the Corporation and Del Mar. I. Subsection (a) of Section 3, Grant, is hereby amended to add $10,000 to the maximum grant amount by deleting the subsection in its entirety and replacing it as follows: a. The Corporation will grant Del Mar an incentive of up to $110,000.00, which must be used to fund up to $7.25 per hour the salary for the interns during the Spring Semester of 2023, Summer Session in 2023, and the Fall Semester 2023, and the entire salary on two interns hired to help administer the program during the Fall and Spring Semesters and Summer Session. The interns will be paid at least $14.50 per hour, while participating in Del Mar's Small Business Employer Intern Program. The Corporation and the Del Mar agree to and shall abide by all terms and conditions of the original Agreement and any amendments to that Agreement, to the extent they are not in conflict with the terms of this Amendment. A- -11-if'qfl- 2o-2y PROVED AS TO LEGAL FORM: Leah Paga livarri Date President L'c ` 9fr1 X23 Corpus Christi B Corporation Assistant City Attorney Date J-1,1,t4C7-ek °I-lit-2a23 U=� Lenora Keas Date ATTEST: TCCA HUERTA Executive Vice-President and Chief Operating Officer RC TY SECRETARY Del Mar College District AUTHORIZE. 3Y (`6lllfCIL_a...11-.2a. _6.1461 /frrf 16 SCANNED