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Home My WebLink About027537 RES - 12/11/2007Page 1 of 2 A 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 -BJP BUSINESSES IN CORPUS CHRISTI WHEREAS, there is a need for a project agreement between the City of Corpus Christi and the Corpus Christi Business and Job Development Corporation for the implementation and administration of the business incentive agreement with SCORE Chapter 221 (SCORE) for a program to assist small and start-up businesses in Corpus Christi. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That the City Manager or his designee is authorized to execute the project agreement between the City of Corpus Christi and the Corpus Christi Business and Job Development Corporation for the implementation and administration of the business incentive agreement with SCORE for a program to assist small and start-up businesses in Corpus Christi, which is attached hereto. Armando Chapa City Secretary APPROVED as to form: December 5, 2007 1 t G .# Smith Assistant City Attorney For the City Attorney CITY 0 ' CORPUS CHRISTI H - my Garr -ft Mayor 02'7537 Fl ALE -DIR1Sharedl ary \agenda\ OO7\1 -111Fees-Project gmt- ABd- E.do Page 2 of 2 Corpus Christi, Texas 1 NA' of bLeii/L6A , 2007 The above resolution was passed by the following vote: Henry Garrett Melody Cooper --449L---- Larry Elizondo, Sr, -4-- Mike Hummel! ___64____ Bill Kelly _AI_ Priscilla G. Leal John E. Marez _&T____ Nelda Marine Michael McCutchon --.4--- 027537 H:1LE -DIF \Shared\ aryS\ Res-ProjectAgmt-4ABd-SCOREdoe Agm - ABd- F E.d BUSINESS INCENTIVES PROJECT AGREEMENT This Business Incentives Project Agreement (" Project Agreement") is entered into between the Corpus Christi Business and Job Development Corporation Corporation ") and the City of Corpus Christi, Texas "City,. 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 s a means of improving the economic health and prosperity of their citizens; WHEREAS, on November 5, 2002, residents of the City of Corpus Christi("City") 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 ofTexas effectiveril 'Ia 2003, tobe administered by the Corporation's Board of Directors; p exists for the purposes of encouraging and assisting WHEREAS, the Corporation p entities in the creation of jobs for the citizens of Corpus Christi, Texas; WHEREAS, the Board of Directors of the Corporation ("Board"), on September 10, 2007, amended the Corporation's Guidelines and Criteria for Granting Business Incentives; Section 21 of the Texas Development Corporation Act of 1979, Art. 190.6, WHEREAS, Vernon's Texas Revised Civil Statutes, requires the City Council to approve all programs and expenditures of the Corporation; WHEREAS,the CityCouncil approved the Corporation's amended Guidelines and Criteria for Granting Business Incentives on September 18, 2007; WHEREAS, EAS SCORE Chapter 221 has submitted a proposal to the Corporation to . request business incentives ofapproximately$50,000 to be used to assist SCORE Chapter 221 in its operation of theinternship program toassist small business P employers in the City of Corpus Christi; WHEREAS, the Board has determined that it is in the best interests of the citizens of Corpus Christi, Texas that business incentives be offered to SCORE Chapter 221 WHEREAS, EAS the Corporation and SCORE Chapter 221 have executed an agreement to grant business incentives s to SCORE Chapter 221 for the creation of jobs to assist small business employers (Business Incentives Agreement). SCORE Project Agreement 4A -City 071113.doc ALE -Dl l haredi ar Xagendal OD711 -1-11 OF E Project Agreement 4A -City 07111 .doc Paine 1 of 3 In consideration of the covenants, promises, and conditions stated in this Project Agreement, the Corporation and the City agree as follows: 1. Project reeen to Implement Business Incentives Agreement. This Project Agreement between the City and the Corporation is executed to implement the Agreement to Grant Business Incentives to SCORE Chapter 221 for the Creation of Jobs to assist small business employers between the Corporation and SCORE Chapter 221 2. Term. The term of this � P rode t Agreement runs concurrently with the term of the Business Incentives Agreement. 3. Services to be Provided by City. a. The City Manager, orManager's Citytan er's designee, shall administer ter funding on behalf of the Corporation. b. The City Manager, or the City Manager's designee, shall perform contract administration responsibilities outlined in the Business Incentives Agreement for the Corporation. 4. Appropriation of Funds. Any future payments by the City are subject to appropriation of funds by City's Council. effective date of this Project Agreement isthe latest date that 5. EffectiveDate.The j� either party executes this Agreement. Modifications. No amendments or modifications to this Project 6. Amendments or 1'I�d��r nor an provision waived, unless in writing signed by a Agreement may made, � person duly authorized to sign agreements on behalf of each party. 7. Severability. anysection,paragraph, subdivision, clause, provision, a. If for any reason, phrase or word of this ProjectAgreement A reement or the application of this Project circumstance a is, to any extent, held illegal, invalid, or Agreement to any person �- unenforceable under resent or future law or by a final judgment of a court of competent jurisdiction, then the remainder of this Project Agreement, or the application of the term or provisionpersons to or circumstances other than those as to rhih it isheld illegal, , i narlid, or unenforceable, will not be affected by the for it is the definite intent of the parties to this Project law or judgment, section, subdivision, clause, provision, phrase, Agreement that every or word f this ProjectAgreement A reerent be given full force and effect for its purpose. b. To the extent that or provision rovision i held illegal, invalid, or unenforceable under present or future law effective during the term of this Project of this Project Agreement is not affected by the Agreement, then the remainder� law, and in lieu of any illegal, invalid, or unenforceable clause or provision, a SCORE Project Agreement 4A -City 071113.doc H:1LE •DIF l heredl any lagenda1240711 -111 ORE Project Agreement 4A -City 071113.doc Prici 9 of ' clause or provision, as similar interms to the illegal, invalid, or unenforceable clause or provision may be possible and be legal, valid, and enforceable} will be added to this Project Agreement automatically. 8. Captions. The captions in this Project Agreement are for convenience only and are notpart art of this Project Agreement. The captions do not in any ay limit or amplify the terms and provisions of this Project Agreement. The CityChristiCorpusChristi Business of Corpus Job Development Corporation George K. Noe City Manager Date: Attest Date: Armando Chapa City Secretary Approved as to Legal Form this 56 day of December, 2007. Gary Smith Assistant City Attorney for City Attorney SCORE Project Agreement SC -ITEC-01Rhafedlan}lagenda100\ORE Project Agreement 4 -City 07111 3.doc Paci