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HomeMy WebLinkAbout027741 RES - 06/24/2008Page 1 of 2 A RESOLUTION APPROVING THE FIRST AMENDMENT TO CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT CORPORATION'S AGREEMENT TO GRANT BUSINESS INCENTIVES TO DEL MAR COLLEGE FOR THE RETENTION OF JOBS WHEREAS, the Corpus Christi Business and Job Development Corporation ("4A Board") and Del Mar College ("DEL MAR") to executed an Agreement to Grant Business Incentives to Del Mar College for the Retention of Jobs, which granted $130,921 in business incentives to DEL MAR for a student intern program to assist small businesses in Corpus Christi; and WHEREAS, adjustments to the implementation schedule are necessary, since DEL MAR was not able to fully implement the program during the Spring semester in 2008; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That the First Amendment to the Agreement to Grant Business Incentives to Del Mar College for the Retention of Jobs between the 4A Board and DEL MAR, which is attached to this resolution, is approved. ATTEST: Armando Chapa City Secretary APPROVED as to form: June 9, 2008 R. Jay R ning First Assistant City Attorney For the City Attorney Res -Del Mar Incentives -1st Amendment CITY OF CORPUS CHRISTI ,Arcl__ 1.111Lr H-nry Garr Mayor 027741 Corpus Christi, Texas of June, 2008 The above resolution was passed by the followin• vote: Henry Garrett Melody Cooper Larry Elizondo, Sr. Mike Hummel) Bill Kelly Priscilla G. Leal John E. Marez Nelda Martinez Michael McCutchon Res -Del Mar Incentives -1st Amendment MoqA4- ------ji, ---'7-- 027741 Page 2of2 FIRST AMENDMENT TO AGREEMENT TO GRANT BUSINESS INCENTIVES TO DEL MAR COLLEGE—CORPUS CHRISTI FOR THE RETENTION OF JOBS A. The Agreement to Grant Business Incentives for the Retention of Jobs ("Agreement") between the Corpus Christi Business and Job Development Corporation ("Corporation") and Del Mar College—Corpus Christi, ("Del Mar College"), with an effect date of January 15, 2008, is amended as follows: 1. The third paragraph of Section 1.2 is revised to read as follows: "The program will commence in the spring semester of 2008, continuing through the fall semester of 2008, and concluding with the spring semester of 2009. Sixty-nine intern positions are to be provided. The grant amount is $130,921, with $100,651 being used for intern matching funds which will be equally matched by the small businesses' contributions. The $27,565 is for two half-time intern positions for three -spring semesters of 2008 and 2009 and one half-time intern position during the summer session of 2008 and fall semester of 2008 within the DEL MAR Office of Career Services Planning & Placement to assist with administration and evaluation of the program. It is anticipated that yup to two interns will be used in spring semester of 2008, 13 interns will be used in the summer session of 2008, 27 interns in the fall semester of 2008, and 27 interns in the spring semester of 2009. The performance requirements shall be continuously maintained during the entire term of this agreement." 2. Schedule A of Section 2.1.1 is revised to read as follows: SCHEDULE A DEL MAR's CONDITIONS PRECEDENT AND PERFORMANCE REQUIREMENTS DEL MAR's TIME OF PERFORMANCE CORPORATION's PERFORMANCE REQUIREMENTS Placement of approximately 4-5two (2) interns with small January 15, 2008 through May 15, 2008May 30, 2008 An amount not to exceed , upon receipt of statements from-Del--Mar$6,571.01 businesses and 2 interns , with Del Mar College in Corpus Christi, placement based on the needs of the small business with the goal of providing the business with resources that make the business more effective and/or provide growth opportunities. The primary goal of the program is to provide support to small payable no later than June 15, 2008 ' Page 1 of 6 Del Mar Development Agreement Amendment-061708-rev.doc businesses in Corpus Christi that will encourage growth, retention, economic development and job creation. Employment of two half-time interns for 19 hours per week and 12 weeks per semester during the Spring Semester of 2008, within the Office of Career Panning & Pl,�sem ntServices to assist with administration and evaluation of the program. Placement of up to 13 interns with small businesses in Corpus Christi, placement based on the needs of the small business with the goal of providing the business with resources that make the business more effective and/or provide growth opportunities. The primary goal of the program is to provide support to small businesses in Corpus Christi that will encourage growth, retention, economic development and lob creation. Employment of one half-time intern for 19 hours per week and 12 weeks during the Summer Session of 2008, within the Office of Career Services to assist with administration and evaluation of the program. August 15, 2008 Up to $20,433.99 payable no Tater than September 15, 2008 Placement of approximately up to 27 interns with small businesses in Corpus Christi, placement based on the needs of the small August 15 through December 4531, 2008 A n amount not to exceed! I p to $51,958 payable month-ly from Del Marno later than Page 2 of 6 Del Mar Development Agreement Amendment-061708-rev.doc business with the goal of providing the business with resources that make the business more effective andlor provide growth opportunities. The primary goal of the program is to provide support to small businesses in Corpus Christi that will encourage growth, retention, economic development and job creation. Employment of two one half-time interns for 19 hours per week and 12 weeks per semester during the Fall Semester of 2008, within the Office of Career Services to assist with administration and evaluation of the program. January 15, 2009 Placement of a oximateiyup to 27 interns with small businesses in Corpus Christi, placement based on the needs of the small business with the goal of providing the business with resources that make the business more effective and/or provide growth opportunities. The primary goal of the program is to provide support to small businesses in Corpus Christi that will encourage growth, retention, economic development and job creation. Employment of two half-time interns for 19 hours per week and 12 weeks per semester during the Spring Semester of 2009, within the Office of Career Services to assist with administration and J -a+ May X30, 2009 An --amount not to exceed in to $51,958 payable monthly Upon receipt of statements from Del Marno later than June 15, 2009 Page 3of6 Del Mar Development Agreement Amendment-061708-rev.doc evaluation of the program. 3. Schedule C of Section 2.2.2 is revised to read as follows: SCHEDULE C Del Mar's PERFORMANCE REQUIREMENTS Del Mar's TIME OF PERFORMANCE Create and maintain not less than two intern (2) employment positions to assist in the small business employer intern program for its facility in Corpus Christi, Nueces County, Texas, with an hourly wage of $11.70 per hour, plus personnel costs during the Spring Semester of 2008. January 15, 2008 through May 15, 2008 Create and maintain not less than one (1) May 15 through August 31, 2008 intern employment position to assist in the small business employer intern program for its facility in Corpus Christi, Nueces County, Texas, with an hourly wage of $11.70 per hour, plus personnel costs during the Summer Session of 2008. Create and maintain not less than tweone August 15 through December 4431, 2008 and January 15 through May 1530, 2009 intern (21) employment positions to assist in the small business employer intern program for its facility in Corpus Christi, Nueces County, Texas, with an hourly wage of $13.10 per hour plus personnel costs during the Fall Semester of 2008 and create and maintain two intern (2) employment positions in the Spring Semester of 2009. 4. Section 9.9 is revised to read as follows: "9.9 Amendments or Modifications. ".1 No amendments or modifications to this Agreement may be made, nor any provision waived, unless in writing signed by a person duly authorized to sign agreements on behalf of each party. Page 4 of 6 Del Mar Development Agreement Amendment-061708-rev.doc ".2 The City's Director, Economic Development, and Del Mar's President are authorized to agree by exchange of letters to minor amendments to this Agreement that reallocate the number of interns and periods of time during which interns will be employed under the Agreement, and the amount of reimbursement for the period. However, the minor amendments may not result in an increase in the total expenses eligible to be reimbursed under this agreement." B. This amendment to the Agreement takes effect on the latest date that either party executes this amendment C. This amendment does not effect the term of the Agreement. D. Any provision of the Agreement that is not expressly amended by this amendment remains unchanged and in full force and effect. E. This amendment to the Agreement may be executed in any number of counterparts, each of which shall be deemed an original and constitute one and the same instrument. EXECUTED on the date shown opposite the signature of each party. Corpus Christi Business & Job Development Corporation By: Eloy Salazar, Chairperson Date: Attest By: Armando Chapa, Assistant Secretary Page 5of6 Del Mar Development Agreement Amendment-061708-rev.doc Del Mar College—Corpus Christi By: Date: Jose Alaniz, Interim President Attest: By: Title: Page6of6 Del Mar Development Agreement Amendment-061708-rev.doc