HomeMy WebLinkAbout027536 RES - 12/11/2007Page 1 61,2
A RESOLUTION
APPROVING A PERFORMANCE BASED AGREEMENT
BETWEEN THE CORPUS CHRISTI BUSINESS AND JOB
DEVELOPMENT CORPORATION (4A BOARD) AND SCORE
CHAPTER 221 GRANTING $29,'!67 IN BUSINESS INCENTIVES
FOR THE OPERATION OF A PROGRAM TO ASSIST SMALL
AND START-UP BUSINESSES IN CORPUS CHRISTI
WHEREAS, there is a need for an agreement between the Corpus Christi
Business and Job Development Corporation and SCORE Chapter 221 (SCORE)
to grant $29,167 in business incentives to SCORE for a program to assist small
and start-up businesses in Corpus Christi.
NOW, THEREFORE, E, E IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
SECTION 1. That the performance based agreement between the Corpus Christi
Business and Job Development Corporation (4A Board) and SCORE, which is
attached hereto, is approved.
ATTEST:
Armando Chapa
City Secretary
APPROVED as to form: December 5, 2007
G.r '. Smith
Assistant City Attorney
For the City Attomer
CITY OF ORPUS HRISTI
He ry arre
Mayor
02'7536
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Corpus risti, Texas
I rill of lice 11`1 bQ r
2007
The above resolution was passed by the fallowing vote:
Henry Garrett
Melody Cooper
Larry Elizorido, Sr.
Mike Hummel!
Bill Kelly
Priscilla G. Leal
John E. Marez
Nelda Martinez
Michael M C t hon
027536
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AGREEMENT TO GRANT BUSINESS INCENTIVES TO
SCORE CHAPTER 221
FOR SMALL BUSINESS ASSISTANCE
This Agreement to Grant Business Incentives for Small Business Assistance "Agreement" is
entered into by and between the Corpus Christi Business and Job Development Corporation
("Corporation"), a Texas nonprofit corporation organized under .A.C.S. Art. 5190.6, Sec. 4A,
with mailing address of 1201 Leopard Street, Corpus Christi, Texas, 78401, and SCORE
Chapter 221, "SCORE "), a nonprofit association, with principal place of business at 3649
Leopard Street, Suite 411, Corpus Christi, Texas 78408.
1. BACKGROUND
1.1 Purpose of Agreement. Corporation is a tax -supported non-profit corporation, whose
primary income is from sales tax collected within the City of Corpus Christi and dedicated
exclusively to economic development. This sales tax supporting Corporation is authorized as
a local option under Texas Revised Civil Statutes, Art. 5190.6, Sec. 4A. Corporation exists
for the primary purpose of developing, stabilizing, diversifying, and expanding the Corpus
Christi economy through the retention, expansion, and recruitment of employment
opportunities in order to benefit the citizens of Corpus Christi and the surrounding areas.
1.2 Project. The project and performance requirement to be implemented by means of this
agreement are generally described as follows:
Providing assistance to small businesses and persons and entities desiring to begin and
operate a small business in Corpus Christi by mentoring clients, conducting workshops,
advising clients as to business plans, pro formas, form of business entity, financial
implications, and all other aspects of small business operations. SCORE will retain an
executive assistant/coordinator to assist the SCORE volunteers in administering the
assistance program. SCORE will engage in a limited advertising campaign to publicize the
assistance program. The performance requirements shall be continuously maintained during
the entire term of this agreement.
NOW, THEREFORE, r E, in consideration of the premises and of the mutual covenants,
warranties, and agreements of the parties, it is agreed as follows:
11. ECONOMIC BENEFITS AND INCENTIVES AND PERFORMANCE REQUIREMENTS
2.1 BY THE CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT CORPORATION
.1 Mone rant: Corporation will convey by grant to SCORE a total of
Twenty-nine Thousand One Hundred Sixty-seven Dollars ($29,'167), as set forth in
Schedule A, subject to the performance requirements of SCORE and the conditions
precedent set forth in Schedule A.
Failure by Corporation to timely and fully comply with any performance requirement
shall be an act of default by Corporation giving SCORE , as its sole remedy, the right
to the contracted amount to be conveyed and further being limited to the terms and
conditions contained in Article VII, paragraph 7.1, hereof.
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SCORE 's CONDITIONS
PRECEDENT AND
PERFORMANCE
REQUIREMENTS
SCHEDULE A
SCORE 's TIME OF
PERFORMANCE
Employment of an executive
assistant/coordinator on a
full-time basis (1213 hours
per year) to assist the
SCORE volunteers to provide
assistance to small
businesses and persons and
entities desiring to begin and
operate a small business in
Corpus Christi by mentoring
clients, conducting
workshops, advising clients
as to business plans, pro
formas, form of business
entity, financial implications,
and all other aspects of small
business operations; and
conduct a limited advertising
campaign to publicize the
assistance program to small
businesses.
2.2 BY SCORE
January 1 through July 31,
2008
CORPORATION'S
PERFORMANCE
REQUIREMENTS
$29,'167 payable within 30
days of invoicing for
expenses under this
agreement.
.1 Investment—Facility: SCORE is not required to make a capital investment,
however SCORE shall perform the performance requirements as set forth in Schedule
B.
Failure by SCORE to timely and fully comply and to continue to comply with any
performance requirement of this agreement shall be an act of default.
SCORE 's PERFORMANCE
REQUIREMENTS
SCHEDULE
Providing 944 hours of general and technica
services to small businesses through
volunteer counselors.
SCORE 's TIME OF PERFORMANCE
Beginning January 1, 2008 and continuing
until July 31, 2008.
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.2 Employment:
SCORE shall comply with the employment requirements set forth in Schedule C.
Failure by SCORE to timely and fully comply and to continue to comply with any
performance requirement of this agreement shall be an act of default.
SCHEDULE C
SCORE 's PERFORMANCE
REQUIREMENTS
MANCE
SCORE 's TIME OF PERFORMANCE
Create and maintain not fess than one
contract executive assistant/coordinator
position with an average annual salary of
$25,000.
January 15, 2008
111. REPORTING TING AND MONITORING
3.1 Reports and Monitoring: SCORE agrees to the following reporting and monitoring
provisions, and failure to fully and timely comply with any one requirement shall constitute an
act of default.
.1 SCORE shall provide an annual report certifying the status of compliance
through the life of the agreement. Documentation for jobs may be in the form of
quarterly IRS 941 returns, SCORE employer Quarterly Reports, or employee rosters
that show the hours worked and the positions filled, and such other reports as may
reasonably be required.
.2 SCORE, during normal working hours, at its Corpus Christi, Texas, facility, shall
allow Corporation and its designee, Corpus Christi Regional Economic Development
Corporation, reasonable access to SCORE 's Facility to allow Corporation to verify
construction progress.
.3 SCORE, during normal working hours, at its Corpus Christi, Texas, facility, shall
allow Corporation and its designee, Corpus Christi Regional Economic Development
Corporation, reasonable access to SCORE 's employment records and books, to verify
employment and all other relevant records related to each of the other economic
development considerations and incentives, as stated in this agreement, but the
confidentiality of such records and information shall be maintained by Corporation and
its designee, Corpus Christi Regional Economic Development Corporation, unless
such records and information shalt be required by a court order, a lawfully issued
subpoena, or at the direction of the Office of the Texas Attorney General.
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IV. COVENANTS, WAF AI TIES, OBLIGATIONS AND DUTIES
4.1 SCORE makes the following covenants and warranties to Corporation, and agrees to
timely and fully perform the following obligations and duties. Any false or substantially
misleading statement contained herein or failure to timely and fully perform as required in this
agreement shall be an act of default by SCORE. Failure to comply with any one covenant or
warranty shall constitute an act of default by SCORE.
1. SCORE is duly organized, validly existing, and in good standing and authorized to
do business in the State of Texas under the laws of the State of Texas, has all power
and authority to carry on its business as presently conducted in Corpus Christi, Texas.
.2 The execution of this agreement has been duly authorized by SCORE 's board of
directors, and the officer signing this agreement is an officer of the organization,
empowered to execute such agreement and bind the organization, said authorization,
signing and binding effect is not in contravention of any law, rule or regulation, or the
provisions of SCORE 's by-laws, or of any agreement or instrument to which SCORE
is a party or by which it may be bound, such authority to be evidenced by an
organizational resolution, attached hereto at the time of execution. SCORE has the
authority to enter into and perform, and will perform, the terms of this Agreement.
.3 SCORE has timely filed and will timely file all local, State, and Federal fax reports
and returns required by law to be filed and all taxes, assessments, fees, and other
governmental charges, including applicable and valorem and employment taxes, have
been timely paid, and will be timely paid, during the term of this Agreement.
.4 No litigation or governmental proceeding is pending or, to the knowledge of
SCORE or SCORE 's officers, threatened against or affecting SCORE that may result
in any material adverse change in SCORE 's business, properties, or operations. No
consent, approval or authorization of or registration or declaration within any
governmental authority is required in connection with the execution of this agreement
or the transactions contemplated hereby.
.5 No certificate, statement or information provided by SCORE to Corporation or the
City of Corpus Christi in connection with any transaction contemplated hereby,
contains any untrue statements or fails to state any fact necessary to keep the
statements contained therein from being misleading.
.6 To the best of its knowledge, SCORE has acquired and maintained all necessary
rights, licenses, permits, and authority to carry on its business operations in Corpus
Christi, Texas, and will continue to use its best efforts to maintain all necessary rights,
licenses, permits and authority.
.7 The funds herein granted shall be utilized solely for the purpose of offsetting the
cost of creating and maintaining the one (1) employment position at SCORE 's Corpus
Christi facility.
.8 SCORE shall continue its full-time business activities on its property in Corpus
Christi, Texas, including maintaining its employment and investment requirements at
all times throughout the term of this agreement.
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.9 SCORE shall complete the project required by this Agreement and shall provide
and staff the required employment positions, investment, and other economic
development considerations described in this Agreement.
.10 SCORE shall timely and fully comply with all of the terms and conditions ofthi
Agreement.
.11 SCORE shall notify Corporation in writing of substantial changes in management
within seven days. Substantial changes mean changes in Chairman of the Board,
President, C.E.O. or area management.
.12 SCORE has received a copy of the Texas Development Corporation Act of 1979,
Art. 5190.6,ernn' Texas Revised Civil Statutes, and acknowledges that the funds
granted in this Agreement must be utilized solely for purposes authorized under State
law and by the terms of this Agreement.
.13 In the event it is determined by Corporation or City of Corpus Christi that funds
provided under this Agreement were not used in accordance with State law, then
SCORE agrees to repay such funds to the Corporation within 30 days of written notice
requesting reimbursement.
.14 If an audit determines that the funds were not used for authorized purposes,
SCORE agrees to reimburse Corporation for the sums of money spent for purposes
not authorized by taw within 30 days written notice requesting reimbursement.
ment.
.15 There are no bankruptcy proceedings currently pending concerning SCORE, nor
are any suchp reedings contemplated by SCORE, as f the date of execution of this
Agreement by SCORE.
.16 SCORE will not discriminate nor permit discrimination against any person or group
of persons, with regard to employment and the provision of services at, on, or in the
Facility, on the grounds of race, religion, national origin, marital status, sex, age,
disability, or in any manner prohibited by the laws of the United States or the State of
Texas.
.17 SCORE agrees to provide information, reports, or statements respecting its
business operations and financial condition as Corporation may reasonably request
from time to time.
*2 Alt representations, warranties, covenants and agreements of the parties, as well as any
rights and benefits of the parties pertaining to the transaction contemplated hereby, shall
survive the original execution date of this agreement.
V. SUSPENSIONS/TERM1NATIONS
5.1 Corporation, under the following circumstances, and at its sole discretion, may suspend
its obligations under this agreement or terminate this agreement and recapture from SCORE
any f the money grants or consideration paid by Corporation to SCORE, without liability to
SCORE, upon any one of the following events, which are an act of default.
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.1 The appointment of a receiver of SCORE, or of all or any substantial part of its
property, and the failure of such receiver to be discharged within sixty (60) days
thereafter.
.2 The adjudication of SCORE as bankrupt.
.3 The filing by SCORE of a petition or an answer seeking bankruptcy, receivership,
reorganization, or admitting the material allegations of a petition filed against it in any
bankruptcy or reorganization proceeding.
VI. DEFAULT
6.1 Events of Default. Should SCORE fail to timely, fully and completely comply with any
one or more of the requirements, obligations, duties, terms, conditions or warranties of this
agreement such failure shall be an act of default by SCORE and, if not fully and completely
cured and corrected within sixty days after written notice to do so, Corporation may
terminate this agreement and pursue all legal remedies as provided by law, provided
however that SCORE's liability under this agreement shall be limited to the recapture from
SCORE any of the money grants or consideration paid by Corporation to SCORE under this
agreement. Corporation shall not be liable to SCORE for any alleged consequential
damages. Additionally, the following events shall constitute a default of this Agreement:
.1 The Corporation or City determines that any representation or warranty on behalf of
SCORE contained in this Agreement or in any financial statement, certificate, report,
or opinion submitted to the Corporation in connection with this Agreement was
incorrect or misleading in any material respect when made;
.2 Any judgment is assessed against SCORE or any attachment or other levy against
the property of SCORE with respect to a claim remains unpaid, undischarged, or not
dismissed for a period of 30 days.
.3 If taxes on the Facility become delinquent, and SCORE fails to timely and properly
follow the legal procedures for protest or contest.
.4 SCORE changes the general character of business as conducted of the date this
Agreement is approved by the Corporation.
6.2 In the event of unforeseeable third party delays in the performance of this Agreement
or force majeure and upon a reasonable showing by SCORE that it has immediately and in
good faith commenced and is diligently and continuously pursuing the correction, removal or
abatement of such delays by using its best efforts, Corporation may consent to and excuse
such delays, which consent and excuse shall not be unreasonably withheld. Failure by
SCORE to use its best efforts as required in this paragraph shall be an act of default. Force
majeure means severe weather such as tornadoes or flooding, named storms or hurricanes,
wars, riots, and the unavailability of necessary and essential equipment and supplies from all
sources.
6.3 Any delay for any amount of time by Corporation in providing notice of default to
SCORE shall in no event be deemed or constitute a waiver of such default by Corporation of
its rights and remedies available under this agreement, or in law or equity.
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6.4 Any waiver granted by Corporation to SCORE of any covenant or condition, the
breach of any covenant or condition of this Agreement, or of an act of default shall not be
deemed or constitute a waiver of any other existing or future breach of a covenant or
condition, or act of default by SCORE or of a subsequent breach of the same covenant or
condition or act of default of the same act or event by SCORE.
6.5 o waiver of any covenant or condition, or the breach of any covenant or condition of
this Agreement, justifies oor authorizes the nonobservanceon any other occasion of the
covenant or condition or any other covenant or condition of this Agreement.
6.6 Any raiv r or indulgence of SCO E's default may not be considered an estoppel
against the Corporation.
6.7 Results of Uncured Default. After exhausting good faith attempts to address any
default during the Cure Period, and taking into account any extenuating circumstances that
might have occurred through no fault of SCORE, as determined by the Board of Directors of
the Corporation, the following actions must be taken for any default that remains uncured
after the Cure Period:
.1 SCORE shallp Corporation oration reasonable attorney fees and costs of court to collect
amounts due to Corporation.
.2 The Corporation shall have no further obligations to SCORE under this Agreement.
.3 Neither the City nor the Corporation may be held liable for any consequential
damages.
.4 The Corporation may pursue all remedies available under law.
6.8 SCORE shall give Corporation written notice of any act of default by Corporation, and
Corporation shall have thin (30) days after receipt of the notice to cure the default. Failure
by Corporation to timely and fully cure the act of default shall permit SCORE to pursue its
legal remedies as provided in this agreement.
Vit. CORPORATION'S LIABILITY LIMITATIONS
7.1 Payments: SCORE specifically agrees that Corporation shall only be liable to
SCORE for the actual amount of the money grants to be conveyed to SCORE and shall not
be liable to SCORE for any other actual or consequential damages, direct or indirect, interest,
attorney fees, or costs of court for any act of default by Corporation under the terms of this
agreement. It is further furtherspecifically agreed that Corporation shall only be required to pay the
grant amounts solelyout of its sales tax revenue currently collected, allocated and budgeted
and to be allocated, budgeted and collected for SCORE during the term of this agreement.
Payment by Corporation is strictly limited to those funds so allocated, budgeted and collected
solely during the grant term of this agreement, being January 1, 2008, through July 31, 2008.
Corporation shall use its best efforts to anticipate economic conditions and to budget
accordingly. H ev r, it is further understood and agreed that, should the actual total sales
tax revenue collected for any oney ear be less than the total amount of grants to be paid to all
contracting parties with Corporation for that year, then in that event, all contracting parties
shall receive only theirp ro rata share of the available sales tax revenue for that year, less
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Corporation's customary and usual costs and expenses, as compared to each contracting
parties' grant amount for that year, and Corporation shall not be liable to SCORE for any
such deficiency at that time or at any time in the future. In this event, Corporation will provide
all supporting documentation, as requested. Payments to be made to SCORE shall also
require a written request from SCORE to be accompanied by all necessary supporting
documentation. Corporation shall have forty-five days to make payment after receipt of
such payment request. The payment request should be directed t the address provided for
Corporation below.
VIII. DEFINITIONS
As used in this agreement, the following words or phrases shall have the following meanings:
8.1 City of Corpus Christi or City shall mean the governing municipal corporation, the area
that is within the city limits f the City of Corpus Christi, Texas.
8.2 Compliance shall mean timely, fully and completely performing or meeting each and
every requirement, obligation, duty, condition, or warranty as stated in this agreement.
Compliance shall mean complete compliance and shall not mean substantial compliance.
8.3 Act of Default shall mean failure to timely and fully comply with one or more
requirements, obligations, duties, terms, conditions or warranties, as stated in this
agreement. Corporation may, in its sole discretion, accept substantial compliance in lieu of
full compliance by waiving such act of default solely by an instrument in writing.
8.4 Insolvent shall mean failure to timely pay debts in the ordinary course of business or
cannot pay debts as they become due, or is insolvent within the meaning of the federal
bankruptcy law.
8.5 Force Majeure shall mean severe weather such as tornadoes r flooding, named
storms or hurricanes, wars, riots and the unavailability of necessary and essential equipment
and supplies from all sources.
IX. GENERAL TERMS
9.1 Effective Date. The effective date of this Agreement "Effective Data is the latest
date that either party executes this Agreement.
9.2 Term. The term of this Agreement is seven months from the Effective Date with an
option to renew for one year upon mutual consent of both parties.
9.3 Termination. This Agreement may be terminated by mutual agreement of the parties
or by either party, upon the failure of the other party to fulfill an obligation as set forth herein.
The termination of this Agreement shall extinguish all rights, duties, obligations, and liabilities
of the parties under this Agreement, except all rights, duties, liabilities, and obligations
accrued prior to such termination shall survive termination.
9.4 Compliance with Laws. This Agreement is subject to all legal requirements in the City
Charter and Code of Ordinances of the City of Corpus Christi and all other applicable county,
state, and federal laws. SCORE shall observe and obey all applicable laws, ordinances,
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regulations, and rules of the Federal, State, County and City governments, as may be
amended or enacted. This Agreement shall be governed by and construed in accordance
with the laws and court decisions of the State of Texas.
9.5 Assignment. This Agreement shall be binding upon the parties hereto and their
successors and assigns. However, SCORE may not assign all or any part of its rights,
privileges, or duties under this Agreement without the prior written approval of the
Corporation and City. Any attempted assignment without approval is void, and constitutes a
breach of this Agreement.
9.6 Indemnity, SCORE covenants to fully indemnify, save, and hold harmless the
Corporation, the City, their respective officers, employees, and agents ("Indemnitees")
against all liability, damage, loss, claims, demands, and actions of any kind on account
of personal injuries (including, without limiting the foregoing, workers' compensation
and death claims), or property erty loss or damage of any kind, which arise out of or are in
any manner connected with, or are claimed to arise out of or be in any manner
connected with SCORE activities conducted under or incidental to this Agreement,
including any injury loss or damage caused by the sole or contributory negligence of
any or all of the Indemnitees. SCORE must, at its own expense, investigate all those
claims and demands, attend to their settlement or other disposition, defend all actions
based on those claims and demands with counsel satisfactory to Indemnitees, and pay
all charges of attorneys and all other costs and expenses of any kind arising from the
liability, damage, loss, claims, demands, or actions.
9.7 Buy Local Provision. SCORE agrees to use its best efforts to give preference and
priority to local manufacturers, suppliers, contractors, and labor, except where not reasonably
possible to do so without added expense, substantial inconvenience, or sacrifice in operating
efficiency. For the purposes of this section, the term "local" as used to describe
manufacturers, suppliers, contractors, and labor includes firms, businesses, and persons who
reside in or maintain an office within a 50 -mile radius of Nueces County.
9.8 Notices.
a. Any required written notices shall be sent mailed, certified mail, postage prepaid,
addressed as follows:
SCORE Chapter 221:
SCORE
c/o Ben F. McDonald
3649 Leopard St., Suite 411
Corpus Christi, Texas 78408
Corporation:
City of Corpus Christi
Business and Job Development Corporation
Attn: Executive Director
1201 Leopard Street
Corpus Christi, Texas 78401
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.2 To the extent that any clause or provision is held illegal, invalid, or unenforceable
under present or future law effective during the term of this Agreement, then the
remainder f thiAgreement is not affected by thlaw, and in lieu of any illegal,
invalid, or unenforceable clause or provision, a clause or provision, as similar in terms
to the illegal, invalid, or unenforceable clause or provision as may be possible and be
legal, valid, and enforceable, will be added to this Agreement automatically.
9.14 Venue. Venue for any legal action related to this Agreement is in Nueces es County,
Texas. SCORE consents to, and waives any objections to, in personum jurisdiction in
Nueces County, Texas. This agreement and the relationship between Corporation and
SCORE shall be governed and interpreted under the laws of the State of Texas without
regard to any conflict of laws or provisions.
9.15 Sole Agreement. This Agreement constitutes the sole agreement between the
Corporation and SCORE. Any prior agreements, promises, negotiations, or representations,
verbal or otherwise, not expressly stated in this Agreement, are of no force and effect.
Except as otherwise provided herein, this Agreement cannot be modified or amended without
a written agreement of the parties.
9.16 Counterparts. This Agreement may be executed in any number of counterparts, each
of which shall be deemed an original and constitute one and the same instrument.
9.17 Representation. Corporation represents that no Corporation board member or
employee, City of Corpus Christi officer or employee, has been or will be compensated in any
manner with respect to directly or indirectly bringing the parties hereto together, agreement
negotiations, or the entering into of this Agreement. In no event will SCORE pay a fee to or
in any manner compensate any Corporation board member or employee, City of Corpus
Christi officer or employee, in connection with the acceptance of this Agreement. A breach of
this provision (10.17) shall result in automatic and immediate termination of this Agreement,
and shall be an act of default by SCORE.
9.18 Other Contracts. It is understood by SCORE that Corporation has heretofore entered,
and may hereafter enter, into contracts with other companies or persons upon terms and
conditions different from the terms and conditions of this Agreement, and SCORE has no
standing to object whatsoever to any such contracts or require any modifications or changes
to its Agreement due to such other agreements.
9.19 Corporation, its officers and employees, and its agents or contractors retained to
perform economic development services for Corporation, shall treat as confidential the
financial statements of SCORE and shall not release such information to the public, unless
required by law or court order. Corporation shall immediately notify SCORE of requests or
court orders to release such information.
9.20 All representations, warranties, covenants and agreements ents of the parties, as well as
any rights and benefits of the parties pertaining to the transaction contemplated hereby, shall
survive the original execution date of this agreement.
9.21 Renewal. This Agreement may be renewed for an additional one year term upon
mutual agreement of the parties hereto.
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EXECUTED on the date shown opposite the signature of each party.
Corpus Christi Business & Job Development Corporation
By: -- Eloy Salazar, Chairperson
Date:
Attest
By:i
Armando do Chapa, Assistant Secretary
Approved as to form: Laj,�
eF' W,rlmitt'
Assistant City Attorney
For Ctty Attorney
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SCORE Chapter 221
By: --_
Gaston West, President
Date:
Attest:
By:
Title:
Federal Tax ID No.:
Corporate Seal:
The State of Texas§
County of Nueces
Before me, (Notary's name), on this day
personally appeared Gaston West, President, SCORE Chapter 221, known to me to be the
person whose name is subscribed to the foregoing instrument and acknowledged to me that
he executed the same in the capacity stated as the act of SCORE, for the purposes and
consideration expressed in the instrument.
Given under my hand and seal of office this the day of , 2007.
Notary Public, State of Texas
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SCORE 's CONDITIONS
PRECEDENT AND
PERFORMANCE
REQUIREMENTS
Employment of an executive
assistant/coordinator on a
full-time basis (1213 hours
per year) to assist the
SCORE volunteers to provide
assistance to small
businesses and persons and
entities desiring to begin and
operate a small business in
Corpus Christi by mentoring
clients, conducting
workshops, advising clients
as to business plans, pro
i formas, form of business
entity, financial implications,
and all other aspects of small
business operations; and
conduct a limited advertising
campaign to publicize the
assistance program to small
businesses.
SCHEDULES
SCHEDULE A
SCORE ' TIME of
PERFORMANCE
January 1 through July 31,
2008
CORPORATION's
PERFORMANCE
REQUIREMENTS
$29167 payable within 30
days of invoicing for
expenses under this
agreement.
SCHEDULE B
SCORE 's PERFORMANCE
REQUIREMENTS
Providing 944 hours of general and technical
services to small businesses through
volunteer counselors.
SCORE's TIME OF PERFORMANCE -7
Beginning g January 1, 2008 and continuing
until July 31, 2008.
SCHEDULE C
SCORE 's PERFORMANCE
SCORE 's TIME OF PERFORMANCE
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REQUIREMENTS
Create and maintain not less than one
contract executive assistant/coordinator
position with an average annual salary of
$25,000.
January 15, 2008
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CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
1, the Director of Finance of the City of Corpus Christi, Texas (or his/her duly authorized
representative), hereby certify to the City Council and other appropriate officer that the
money required for 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.
City Council Action Date: December 1 , 2007
Agenda Item:
A. Resolution approving a performance based agreement between the Corpus Christi
Business and Job Development Board (4A Board) and SCORE Chapter 221'
granting $29,167 in business incentives for the operation of a program to assist
small and start-up businesses in Corpus Christi.
B. Resolution authorizing the City Manager or his designee to execute a project
agreement with the Corpus Christi Business and Job Development Corporation
regarding implementation and administration of the agreement to grant business
incentives to SCORE Chapter 221 for a program to assist small and start-up
businesses in Corpus Christi.
Amount Required: : $29,'16
Fund Name
Fund No.
Org. No.
Account
No.
'Project No.
Amount
V q S;heSSided lie frelophent
/JL/Q
)5QO
5- 1/0 290
a7,/ 6 7 )
Total
�.R.l4'7�
Certification Not Required
o
Director of Financial Services
Date: 4'1/47