HomeMy WebLinkAbout029302 RES - 12/06/2011Page 1 of 2
Resolution approving the First Amendment to the Business Incentive
Agreement between the Corpus Christi Business and Job
Development Corporation ("Type A Board") and Del Mar College
("Del Mar"), which provides an additional $225,000 for development
of the aviation maintenance technical training facility at the Corpus
Christi International Airport.
WHEREAS, the Type A Board has budgeted funds to assist businesses in the City of
Corpus Christi, Texas ("City");
WHEREAS, the ballot measure that authorized a sales tax for the promotion and
expansion of business enterprises in the City also authorized the use of funds for grants
to organizations in the City to provide training and education to ensure that the
knowledge and skills required for the jobs of the future are in place; and
WHEREAS, the City Council has determined that it is in the best interest of the City and
its residents to approve the First Amendment to the Business Incentive Agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
SECTION 1. That the First Amendment to the Business Incentive Agreement, which is
attached to this Resolution as Exhibit A, between the Type A Board and Del Mar, which
provides an additional $225,000 for development of the aviation maintenance technical
training facility at the Corpus Christi International Airport, is approved.
Attest:
Armando Chapa
City Secretary
City of Corpus Christi
gd221-ZO'
Joe Ame
Mayor
Approved: 3? day of Ocrie,wz. , 2011.
.
L. Brian ary
Assistant City Attorney
For City Attorney
029302
INDEXED
Corpus Christi, TDL
xas
of
, 2011
The above resolution was passed by the following vote:
Joe Adame
Chris N. Adler
Larry Elizondo, Sr.
Kevin Kieschnick l ,(,G
�
Priscilla Leal
David Loeb
John Marez
Nelda Martinez
Mark Scott
029302
Page2of2
FIRST AMENDMENT TO THE BUSINESS INCENTIVE AGREEMENT
BETWEEN THE CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT
CORPORATION AND DEL MAR COLLEGE FOR DEVELOPMENT OF THE
AVIATION MAINTENANCE TECHNICIAN TRAINING FACILITY AT CORPUS
CHRISTI INTERNATIONAL AIRPORT
This First Amendment to the Business Incentive Agreement for ("Amendment") is
entered into between the Corpus Christi Business and Job' Development Corporation
("Corporation") and Del Mar College ("Del Mar"), a political subdivision of the State of
Texas.
WHEREAS, the Corporation and Del Mar entered into that certain Business Incentive
Agreement between the Corpus Chri=sti Business arid Job Development Corporation
and Del Mar College for Development of the Aviation Maintenance Technician Training
Facility at Corpus Christi International Airport, dated ,41//L z6 2011
("Agreement"); '
WHEREAS, Del Mar has requested an additional $225,000 for the Aviation
Maintenance Technician Training Facility at the Corpus Christi International Airport;
WHEREAS, the Corporation agrees that it is in• the best interests of the residents of the
City of Corpus Christi to provide the additional funding requested by Dei Mar;.
NOW, THEREFORE, in consideration of the covenants, promises, and conditions stated
in this Amendment.; the Corporation and Del Mar agree as follows:
1. The effective date of this Amendment is the latest date that either party executes
thus Amendment.
2. Section 3 of the Agreement is hereby amended by amending subsections b and
d to read as follows:
b. Del Mar shall invest at least $1,100,270 in the renovation of the hangar,
including instructional equipment, and furnishings,. used= for the Aviation
'Maintenance Technician Training Program at Aviation Maintenance Technician
Training Facility to be located on the Corpus Christi International Airport, Del
Mar shall annually report their actual investments at the facility, and provide
documentation, to- support the report to- the Corpus Christi. Business and Job
Development Corporation.
d. The Corporation will reimburse Del Mar for the costs incurred by Del Mar to
rehabilitate and improve the existing hangar. at Corpus Christi International.
Airport for the Aviation Maintenance Technician Training Facility, including the
purchase of fixtures, furnishings, and instructional equipment. The amount
reimbursed by the Corporation may not. exceed. $1 ,166,270,
3. This Amendment embodies the entire agreement between the Corporation and
Del Mar with respect to the amendment of the Agreement. In the event of any conflict
Page 1 of 3
or inconsistency between the provisions .of -this Amendment and the Agreement, the
provisions of this Amendment shall control.
4. Except as specifically modified and amended herein, all other terms, provisions,
requirements, and specifications contained in the Agreement shall remain in full force
and effect.
5. This Amendment shall be governed by the laws of the State of Texas.
CORPUS CHRISTI BUSINESS & JOB DEVELOPMENT CORPORATION
By:
Date:
Attest:
By;
Eloy Salazar
President
Armando Chapa
Secretary
Page 2 of 3
DEL MAR COLLEGE
Ma Escamilia, Ph.D.
President
Date 70 ' Z.1-1/
THE STATE OF TEXAS
COUNTY OF UECES
This instrument was acknowledged before me on te'rF , 2011, by •
Mark Escamilla, Ph.D., as President of Del Mar College, a political subdivision of the
State of Texas, on behalf of the college.
ary 'ublic
State of Texas
JESSICA ANN /LAW
k'{` yy �.� Notary Public
Jg ; sTATE oz= TExas
,;,eMy Comm. Exp. 07-164012
Page 3 of 3
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
1, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized
representative), hereby certify to the City Council and other appropriate officers that the money required for the
current fiscal year's portion of 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. Future payments are subject to annual appropriation by the City Council.
City Council Action Date: December 6., 2011
Agenda Item:
b. Resolution approving the First Amendment to the Business Incentive Agreement between the Corpus
Christi Business and Job Development Corporation ("Type A Board") and Del Mar College ("Del Mar"),
which provides an additional $225,000 for development of the aviation maintenance technical training
facility at the Corpus Christi International Airport.
Amount Required: $225,000.00
Fund Name
Account No.
Fund No.
Org. No.
Project No.
Amount
CCBJDC
530000
1140
15010
$225,000
Total
$225,000
❑ Certification Not Required
Interim Director of Financial Services
Date: November 1, 2011