HomeMy WebLinkAbout027928 RES - 11/11/2008Page 1 of 2
A RESOLUTION
APPROVING THE SECOND AMENDMENT TO CORPUS
CHRISTI BUSINESS AND JOB DEVELOPMENT
CORPORATION'S AGREEMENT TO GRANT BUSINESS
INCENTIVES TO TEXAS A&M UNIVERSITY—CORPUS CHRISTI
FOR THE RETENTION OF JOBS, WHICH GRANTS AN
ADDITIONAL $70,000 FOR A STUDENT INTERN PROGRAM TO
ASSIST SMALL BUSINESSES IN CORPUS CHRISTI
WHEREAS, on January 8, 2008, the Corpus Christi Business and Job
Development Corporation ("4A Board") and Texas A&M University—Corpus
Christi ("A&M -CC") to executed an Agreement to Grant Business Incentives to
Texas A & M University – Corpus Christi for the Retention of Jobs, which granted
$125,929 in business incentives to A&M -CC for a student intern program to
assist small businesses in Corpus Christi;
WHEREAS, on June 24, 2008, the City Council approved an amendment to the
agreement that modified the implementation schedule, since A&M -CC was not
able to fully implement the program during the Spring semester in 2008; and
WHEREAS, due to the successful results during the summer and fall of 2008, the
4A Board has decided to expand the student intern program by providing
A&M -CC with an additional $70,000 to expand the program in the Spring and
Summer of 2009 by 48 additional interns;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
SECTION 1. That the Second Amendment to the Agreement to Grant Business
Incentives to Texas A & M University – Corpus Christi for the Retention of Jobs
between the 4A Board and A&M -CC, which is attached to this resolution, is
approved.
ATTEST: CITY • CORPUS CHRISTI
Armando Chapa
City Secretary
APPROVED as to form: November 3, 2008
R. /yming'
First Assistant City Attorney
For the City Attorney
Res -A&M Incentives -2nd Amendment -- 10312008.dac
.ii//iei iii,.,:,
riry Garr•tt
Mayor
027928
Corpus Christi, Texas
l of November, 2008
The above resolution was passed by the following vote:
Henry Garrett
Melody Cooper
Larry Elizondo, Sr.
Mike Hummell
Bill Kelly
Priscilla G. Leal
John E. Marez
Nelda Martinez
Michael McCutchon
Res -A&M Incentives -2nd Amendment -- 10312008.doc
027928
Page 2 of 2
SECOND AMENDMENT TO
AGREEMENT TO GRANT BUSINESS INCENTIVES TO
TEXAS A&M UNIVERSITY—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 Texas A&M University—Corpus Christi, ("TAMU-CC"), last executed
on January 8, 2008, and amended on July 9, 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 - -- - - '" conclude with the
summer session in 2009. Seventy --118 intern positions are to be provided. The grant
amount is $125,929 $195,929, with $107,520 $175,662 being used for intern matching
funds which will be equally matched by the small businesses' contributions. The
$4-87409-$20,267 is for two half-time intern positions for spring semesters of 2008 and
2009 -and one half-time intern position during the summer session of 2008, and -fall
semester of 2008, sprinq semester of 2009, and summer session of 2009 within the
Office of Career Services to assist with administration and evaluation of the program. It
is anticipated that up to two interns will be used in spring semester of 2008, 13 interns
will be used in the summer session of 2008, 25-33 interns in the fall semester of 2008,
and 35 interns in the spring semester of 2009, and 35 interns in the summer session
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
TAMU-CC's CONDITIONS
TAMU-CC's TIME OF
CORPORATION's
PRECEDENT AND
PERFORMANCE
PERFORMANCE
PERFORMANCE
REQUIREMENTS
REQUIREMENTS
Placement of two (2)
May 30, 2008
$87494-$8,105 payable no
interns with small
businesses in Corpus
later than June 15, 2008
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
Page 1 of 6
TAMUCC Development Agreement 2nd Amendment 10232008.doc
Exhibit A
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 interns for 20 hours per
week and 12 weeks per
semester during the Spring
Semester of 2008, within
the Office of Career
Services to assist with
administration and
evaluation of the program.
Placement of up to 13
August 31, 2008
Up to $21,094 $16,652
interns with small
payable no later than
businesses in Corpus
September 15, 2008
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
one intern for 20 hours per
week and 12 weeks per
semester during the
Summer Session of 2008,
within the Office of Career
Services to assist with
administration and
evaluation of the program.
Placement of up to 25-33
December 31, 2008
Up to $42,242.55
interns with small
$55,058.00 payable no later
businesses in Corpus
than January 15, 2009
Christi, placement based on
Page 2 of 6
TAMUCC Development Agreement 2nd Amendment 10232008.doc
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
one intern for 20 hours per
week and 12 weeks per
semester during the Spring
Semester of 2008, within
the Office of Career
Services to assist with
administration and
evaluation of the program.
Placement of up to 30
May 30, 2009
Up to $54,101.45
35 interns with small
$58,057.00 payable no later
businesses in Corpus
than June 15, 2009
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
twe-one interns for 20
hours per week and 12
weeks per semester during
the Spring Semester of
2008, within the Office of
Page 3 of 6
TAMUCC Development Agreement 2nd Amendment 10232008.doc
Career Services to assist
with administration and
evaluation of the program.
TAMU-CC's PERFORMANCE
REQUIREMENTS
TAMU-CC's TIME OF PERFORMANCE
Placement of up to
August 31, 2009
Up to $58,057.00 payable
35 interns with small
no later than September 15,
businesses in Corpus
2008
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 intern for 20 hours per
week and 12 weeks per
semester during the
Summer Session of 2009,
within the Office of Career
Services to assist with
administration and
evaluation of the program.
3. Schedule C of Section 2.2.2 is revised to read as follows:
SCHEDULE C
TAMU-CC's PERFORMANCE
REQUIREMENTS
TAMU-CC'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
January 15 through May 15, 2008
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TAMUCC Development Agreement 2nd Amendment 10232008.doc
costs during the Spring Semester of 2008.
Create and maintain not less than one
intern (1) 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.
May 15 through August 15, 2008
Create and maintain not less than one
intern (1) employment position during the
Fall 2008 semester, and not lese then Iwo
August 15 through December 15, 2008;
and January 15 through May 15, 2009;
and May 16 through August 15, 2009
Spring 2009 semester, and Summer 2009
session 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 -Spring Semester of
2009, and Summer Session of 2009.
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:
Date:
Eloy Salazar
Chairperson
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TAMUCC Development Agreement 2nd Amendment 10232008.doc
Attest
By:
Armando Chapa
Assistant Secretary
Texas A&M University—Corpus Christi
By:
Date:
Harvey Knull
Vice President for Sponsor Programs
Attest:
By:
Title:
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TAMUCC Development Agreement 2nd Amendment 10232008.doc