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HomeMy WebLinkAbout025308 RES - 05/20/2003RESOLUTION SUPPORTING THE REQUEST OF ADMIRAL LINEN SERVICE, INC. TO THE CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT CORPORATION FOR BUSINESS INCENTIVES OF APPROXIMATELY $400,000 TO IMPROVE WATER AND SEWER MAINS TO PROVIDE SERVICE TO ADMIRAL LINEN SERVICE, INC. AT 4353 BALDWIN, SUBJECT TO NEGOTIATION AND EXECUTION OF CONTRACT DOCUMENTS WHEREAS, the Texas Legislature in Section 4A of Article 5190.6, Vernon's Texas Revised Civil Statutes (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 5, 2002, residents of the City of Corpus Christi passed Proposition 2: New and Expanded Business Enterprises which authorized the adoption of a sales and use tax for the promotion and development of new and expanded business enterprises at the rate of one-eighth of one percent to be imposed for 15 years, WHEREAS, the 1/8 cent sales tax authorized by passage of Proposition 2 was subsequently enacted by the City Council and filed with the State Comptroller of Texas, effective April 1, 2003, to be administered by the Corpus Christi Business and Job Development Corporation Board; WHEREAS, the Board of Directors of the City of Corpus Christi, Texas Business and Job Development Corporation on May 5, 2003 adopted the Corporation's Guidelines and Criteria for Granting Business Incentives; WHEREAS, the City Council approved the Corporation's Guidelines and Criteria for Granting Business Incentives on May 13, 2003; WHEREAS, Admiral Linen has submitted a proposal to the City of Corpus Christi Business and Job Development Corporation to request business incentives of approximately $400,000 to improve water and sewer mains to provide service to Admiral Linen Service at 4353 Baldwin which will enable Admiral Linen to create 150 full-time jobs in the City of Corpus Christi, Texas, with average non-managerial wage of $8.50 per hour; WHEREAS, Section 21 of the Texas Development Corporation Act of 1979, Art. 5190.6, Vernon's Texas Revised Civil Statutes, requires the City Council to approve all programs and expenditures of the corporation; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: R32108A1.doc 2 SECTION 1. That City Council of the City of Corpus Christi Texas supports the request for business incentives submitted by Admiral Linen Service, Inc. to the Corpus Christi Business and Job Development Corporation, subject to negotiation and execution of contract documents. ATTEST: Armando Chapa City Secretary Mayor APPROVED: 16th day of May, 2003. Acting City Attorney R32108A1.doc Corpus.Christi, Texas The above resolution was passe~by Samuel L. Neal, Jr. Brent Chesney Javier D. Colmenero Melody Cooper Henry Garrett Rex A. Kinnison Bill Kelly Jessie Noyola Mark Scott ,2003 ~ing vote: 3 R32108Al.doc