HomeMy WebLinkAbout027609 RES - 03/11/2008Page 1 of 2
A RESOLUTION
APPROVING A CONTRACT BETWEEN THE CORPUS CHRISTI
BUSINESS AND JOB DEVELOPMENT CORPORATION (4A
BOARD) AND ACCION TEXAS, INC., GRANTING $50,000 IN
BUSINESS INCENTIVES FOR SMALL BUSINESS INTEREST
BUY -DOWN PROGRAM
WHEREAS, the 4A Board requested proposals and determined that the proposal
from ACCION, Texas, Inc., best provided assistance to small business and that a
contract with ACCION Texas, Inc., granting $50,000 in business incentives to
assist small businesses with an interest buy -down program;
WHEREAS, City Council must approve each contract of the 4A Board; and
WHEREAS, City Council deems that it is the best interest of the City and citizens
to approve this contract.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
SECTION 1. That the contract between the Corpus Christi Business and Job
Development Corporation (4A Board) and ACCION Texas, Inc., which is
attached hereto, is approved.
ATTEST:
Armando Chapa
City Secretary Mayor
CITY • CORPUS CHRISTI
rt 414/ f
APPROVED as to form: March 11, 2008
ry &. Smith
Assistant City Attorney
For the City Attorney
027609
H:1LEG-DIRIShared\GarySlagenda1200813-111Res-AgmtSmallBus-4ABd-ACCIONapproval.doc
Page2of2
Corpus)1Christi,
/
� hristi, T�exnas'
of l y h , 2008
The above resolution was passed by the following vote:
Henry Garrett AVit.
Mel
ody Cooper Larry Elizondo, Sr. il'EU"-
Mike Hummell Avy-
Bill Kelly
AI -
Priscilla G. Leal 45eletl-
John
E. Marez AIL
Nelda Martinez ----411Michael McCutchon —'—'k
027609
H:\LEG-DI R\Shared\GarySlagenda1200813-111Res-AgmtSm a l l Bus-4ABd-ACCION approval. doc
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, 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: March 11, 2008
Agenda Item:
A. Resolution approving a contract between the Corpus Christi Business and Job
Development Corporation (4A Board) and ACCION Texas, Inc., granting $50,000 in
business incentives for small business interest buy -down program.
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 ACCION Texas, Inc., for an interest buy -down program to assist small
businesses in Corpus Christi.
Amount Required: $50.000
Fund Name
.<.,
Fund No.
Org. No.
Account
No.
Project No.
Amount
iv3;hsss/To6 1)64ep1-4
j)90
j502#
530000
50010
Total
Certification Not Required
Director of Financial Services
Date: 3 - 4 - o 8