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Home My WebLink About034000 RES - 08/25/2026Resolution authorizing eight Corpus Christi B Corporation Small Business Assistance Agreements with the following entities for two years: LiftFund, Inc., Service Corps of Retired Executives (SCORE), Texas A&M University - Corpus Christi, and Del Mar College (DMC) for a total amount not to exceed of $1,226,750.00 to assist small businesses within the City of Corpus Christi to invest and create/retain jobs. 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, on November 8, 2016, residents of the City passed Proposition 2, Adopt Type B Sates Tax to Replace Expiring Portion of Type A Sales Tax, which authorized the adoption of a sates 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 with use of the proceeds for (1) 50% to the promotion and development of new and expanded enterprises to the full extent allowed by Texas law, (2) $500,000 annually for affordable housing, and (3) the balance of the proceeds for the construction, maintenance and repair of arterial and collector streets and roads; WHEREAS, the 1/8 cent sales tax authorized by passage of Proposition 2 was subsequently enacted by the City's City Council ("City Council") and filed with the State Comptroller of Texas, effective April 1, 2018, to be administered by the Corporation's Board of Directors ("Board"), and allowing for economic development projects that expand business enterprises and create primary jobs; WHEREAS, on June 8, 2026, the Type B Corporation approved the Fiscal Year 2026- 2027 budget for eight small business projects, appropriating $1,226,750.00 for the annual Small Business Assistance Program, that includes eight small business agreements with the following entities for two years: LiftFund, Inc., Service Corps of Retired Executives (SCORE), Texas A&M University - Corpus Christi, and five agreements with Del Mar College; WHEREAS, the Small Business Assistance Program aims to enhance specialized workforce training skills and diverse workforce educational expertise in areas such as business planning, accounting, operations, and strategic development, to enhance job skills training for small businesses in the City of Corpus Christi; WHEREAS, as part of the Small Business Assistance Program, the City will enter into eight contracts, totaling an amount not to exceed $1,226,750.00, designed to provide 3000 4 targeted support for small business development efforts in Corpus Christi, including access to training, technical assistance, and entrepreneurial support services; WHEREAS, the Small Business Assistance Program Project was approved by the Corpus Christi B Corporation Board at a public hearing held on August 10, 2026, when the B Corporation Board found that the project wilt stimulate economic growth in offering the City of Corpus Christi small businesses job training skills to create or retain jobs in accordance with Texas Local Government Code Chapter 501. Be it resolved by the City Council of the City of Corpus Christi, Texas: Section 1. The City Council specifically finds that the foregoing statements included in the preamble of this resolution are true and correct and adopts such findings for all intents and purposes related to the authorization of this B Corporation Small Business Assistance Program Project, and hereby authorizes the project agreements with B Corporation and the following entities for two years: LiftFund, Inc., Service Corps of Retired Executives (SCORE), Texas A&M University— Corpus Christi, and five agreements with Del Mar College, totaling $1,226,750.00 from Type B Corporation funds. Section 2. No funds approved by this resolution may be expended until 60 days have passed following the public hearing held at the Corporation's Board meeting on August 10, 2026, and subject to appropriation. PASSED AND APPROVED on the' day of _.y . ' , 2026. ATTEST: Ka 1 nn son, Mayo Pro Tem Rebecca Huerta City Secretary Page 2 of 2 034000 1' CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I, the Director of the Finance & Procurement Department 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 above is in the Treasury to the credit of the Fund specified above, 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: August 25, 2026 Legistar Number: 26-1291 Agenda Item: Motion awarding a construction contract to Bridges Specialties, Inc., of Robstown, Texas, for the Citywide Storm Water Infrastructure Indefinite Delivery Indefinite Quantity (IDIQ) FY26- 28 project, which includes Bridge Rehabilitation, Channel Ditch Improvements, and Citywide Storm Water Infrastructure IDIQ, in an amount up to $6,000,000.00 for a one-year term, with two one-year renewal options to be administratively authorized for a total amount not to exceed $18,000,000.00, located Citywide, with FY 2026 funding available from the Storm Water Capital Fund. Amount Required:(Amount to be Certified) $6,000,000.00 Fund Name Accounting Unit Account No. Activity No. Amount Storm Water 2026 CIP 4539-47-89 550910 26078 $500,000.00 Storm Water 2026 CIP 4539-47-89 550910 26079 $500,000.00 Storm Water 2026 CIP 4539-47-89 550910 26149 $5,000,000.00 Total $6,000,000.00 ❑ Certification Not Required Director of the Finance & Procurement Department Date: