HomeMy WebLinkAbout029404 RES - 03/27/2012Page 1 of 2
Resolution
Authorizing the City Manager or his designee to execute a one-year
Interlocal Cooperation Agreement with the Corpus Christi Downtown
Management District ("District"), to renew annually automatically, in
the annual amount equal to the District's revenue received from the
District's ad valorem taxes each fiscal year at an annual minimum of
$127,000 for assistance in downtown development and
redevelopment activities for FY 2011-12 and annually thereafter as
renewed
Whereas, City Council deems that it is the best interest of the City and citizens to
approve the Interlocal Cooperation Agreement with the District for assistance in
downtown development activities;
Now, therefore, be it resolved by the City Council of the City of Corpus Christi,
Texas:
SECTION 1. The City Manager or the City Manager's designee is authorized to
execute a one year Interlocal Cooperation Agreement with the District in the annual
amount equal to the District's revenue received from the District's ad valorem taxes
each fiscal year at an annual minimum of $127,000 for assistance in downtown
development and redevelopment activities.
This resolution takes effect upon City Council approval on this thectifkday of
f\Cvt.„ , - , 2012.
ATTEST: THE CITY OF CORPUS CHRISTI
Armando Chapa
City Secretary
APPROVED:/ay of 46va.� y , 2012.
1
harlotte�.'em
Assist ity Attorney
For City Attorney
RESOLUTION - DMD Agreement - 2-16-12
Joe Mame
Mayor
`'9404
INDEXED
Corpus Christi, Texas
(9N-1*- of
, 2012
The above resolution was passed by the following vote:
Joe Adame
Chris N. Adler
Kelley Allen
Larry Elizondo, Sr.
Priscilla G. Leal
David Loeb
John E. Marez
Nelda Martinez
Mark Scott
RESOLUTION - DMD Agreement - 2-16-12
0u/it
Wo-6-e/LA-
01-
0229404
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