HomeMy WebLinkAbout033605 ORD - 03/25/2025Ordinance approving the Home to Texas Internship Program project
between the Corpus Christi B Corporation (Type B) and the University
of Texas at Austin for a job training project comprising a nine -week
summer internship for Corpus Christi students enrolled at UT Austin
and a $5000.00 scholarship upon completion of the job training
internship; appropriating $12,500.00 from the unreserved fund
balance of the Corpus Christi B Corporation Economic Development
fund; and amending the budget.
WHEREAS, the Texas Legislature in Section 501 of the Local Government Code
(Development Corporation Act of 1979) empowered local communities with the ability to
adopt an optional local sales and use tax as a means of improving the economic health
and prosperity of their citizens;
WHEREAS, residents of the City of Corpus Christi have authorized the adoption of
a sales and use tax to be administered by a Type B Corporation at the rate of one -eighth
of one percent to be imposed for 20 years;
WHEREAS, the Board has determined that it is in the best interest of the residents
of the City that up to $12,500.00 from the Corpus Christi B Corporation Economic
Development Fund be reserved for a job training Home to Texas Program project
between the Corpus Christi B Corporation and the University of Texas at Austin;
comprising a nine -week summer internship job training project for Corpus Christi students
enrolled at UT Austin; and awarding a $5000.00 scholarship to each student upon
completion of the job training internship;
WHEREAS, the Home to Texas Program will aim to re-engage UT Austin students
with their hometown of Corpus Christi, reinforcing local workforce connections, job
training students, and promoting education with job creation; and
WHEREAS, the Home to Texas program aligns with the City's economic
development goals by fostering local workforce development through job training and
networking, reversing talent emigration, and strengthening connections between students
and the Corpus Christi business community.
Be it ordained by the City Council of the City of Corpus Christi, Texas:
Section 1. Funds in the amount of $12,500.00 are appropriated from Type B Fund
No. 1145 for the job training Home to Texas Program project between the Corpus Christi
B Corporation and the University of Texas at Austin.
Section 2. The FY2024-25 Operating Budget adopted by Ordinance No. 033451 is
amended to increase expenditures by $12,500.00, for the Type B Fund.
Section 3. The City Council approves the use of up to $12,500.00 from the Corpus
Christi B Corporation Economic Development Fund for the job training Home to Texas
Internship Program project between the Corpus Christi B Corporation and the University
of Texas at Austin.
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033605
SCANNED
Introduced and voted on the rtc\V\day of YY `°4(ArN , 2025.
PASSED and APPROVED on the a5 day of Mph , 2025.
ATTEST:
Paulette Guajardo, M
y
Rebecca Huerta, City Secretary
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033 605