HomeMy WebLinkAbout027566 RES - 01/29/2008Page 1 of 2
A RESOLUTION
APPROVING A PERFORMANCE BASED AGREEMENT
BETWEEN THE CORPUS CHRISTI BUSINESS AND JOB
DEVELOPMENT CORPORATION (4A BOARD) AND SUSSER
HOLDINGS CORPORATION GRANTING $640,000 IN BUSINESS
INCENTIVES FOR THE CREATION AND RETENTION OF JOBS
AND RELOCATION OF CORPORATE HEADQUARTERS IN
CORPUS CHRISTI
WHEREAS, there is a need for an agreement between the Corpus Christi
Business and Job Development Corporation and Susser Holdings Corporation
(Susser Holdings) to grant $640000 in business incentives to Susser Holdings
for the creation and retention of jobs and relocation of its corporate headquarters
in Corpus Christi.
NOW, THEREFORE, E, BE IT RESOLVED BY THE CITY COUNCIL F 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 Susser Holdings,
which is attached hereto, is approved.
ATTEST.
CI F CORP S CHRISTI
4 4. ;,,
Alt,,,,,,,,.,.., f 1 AF
WP
.
ArmandoCha pa en r G tett
City Secretary Mayor
APPROVED ED a to form: January 21, 2008
btaY1
G ry 1M. Smith
Assistant City Attorney
For the City Attorney
027566
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Page 2 of 2
Corpus Christi, Texas
of
The above reso
Henry Garrett
Melody Cooper
Larry Elizondo, Sr.
Mike Hummel!
Bill Kelly
Priscilla G. Leal
John E. Marez
Nelda Martinez
Michael McCutchon
2008
ution was passed by the following vote:
027566
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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: ;Ja u r -y- 2 , Zoog
Agenda Item:
A. Resolution approving a performance based agreement between the Corpus
Christi Business and Job Development Corporation (4A Board) and Susser
Holdings Corporation granting $ 640,000 in business incentives for the creation
and retention of jobs and relocation of corporate headquarter in Corpus Christi.
Amount required: $640,000
$128,000 in FY 2007-2008
Fund Name
Fund No.
Org.
No.
Account
No.
Project
No.
Amount
Business/Job Development
1140
15010
530000
$128,000
Total
$128,000
Certification Not Required
Director of Finandial Servi s
Date: 11 )4/// OtK
(Pnnt on Green Paper]