HomeMy WebLinkAbout030279 RES - 09/16/2014 Resolution authorizing the City Manager to execute Amendment No.
1 to the Interlocal Cooperation Agreement with the Downtown
Management District to align the agreement with the new fiscal year.
Be it resolved by the City Council of the City of Corpus Christi, Texas, that:
Section 1. The City Manager, or his designee, is authorized to execute Amendment No.
1 to the Interlocal Cooperation Agreement between the City of Corpus Christi and the
Corpus Christi Downtown Management District in order to align the agreement with the
City's new fiscal year to begin October 1 and end September 30 annually. A copy of the
executed amendment will be placed on file in the office of the City Secretary.
Attest: City of Cor us Christi
242-141
Rebecca Huerta, City Secretary Nelda Martinez, ayor
Corpus14,
Christi, Texas
of apV0(00-414
The above resolution was passed by the following vote:
Nelda Martinez
Kelley Allen
Rudy Garza /�
Priscilla Leal v
biA-QA-k
David Loeb
Chad Magill
Colleen McIntyre
Lillian Riojas
Mark Scott (I e
030279
INDEXED
AMENDMENT NO. 1 TO THE INTERLOCAL COOPERATION AGREEMENT
BETWEEN THE CITY OF CORPUS CHRISTI
AND THE
CORPUS CHRISTI DOWNTOWN MANAGEMENT DISTRICT
TO ENCOURAGE THE REDEVELOPMENT OF DOWNTOWN CORPUS CHRISTI
("THE AGREEMENT")
WHEREAS,the City has adjusted its fiscal year effective October 1, 2014 to run
October 1 through September 30 each year.
NOW,THEREFORE, the City of Corpus Christi (the City) and the Corpus Christi
Downtown Management District("District") agree to amend the Agreement as follows:
1. Section Ill Financial Requirements is amended by adding new subsection 3.2e
as follows:
"e. In consideration for the District's performance under the Agreement for the
period of August 1, 2014 through September 30, 2014, the City agrees to pay the
District the sum of$21,167.00. Thereafter the City fiscal year runs October 1
through September 30."
2. Section 6.5 Term of Agreement is amended by adding new subsection d to read
as follows:
"d. The term ending July 31,2014 is extended to September 30, 2014.
Thereafter, the annual term of the Agreement is adjusted to run October 1
through September 30."
3. All other terms and conditions of the Agreement remain in effect.
4. This Amendment No. 1 takes effect on date of last signature.
AGREED TO BY:
CORPUS CHRISTIrDOWNTOWN MANAGEMENT DISTRICT
BY: A -LN P1/u�
NAME: C I' Sn e
TITLE: ix rc u V - I 'o e c d
DATE: a
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DMD Amendment
CITY OF CORPUS CHRISTI
BY:
NAME:
TITLE:
DATE:
Approved as to form:� � 3D, I `>r
By: o°.
Lisa Aguilar, • tent City Attorney
For the City Atte -y
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DMD Amendment