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Home My WebLink AboutC2008-186 - 6/24/2008 - Approved 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 tkrree-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 SeRrises Planning & Placement to assist with administration and evaluation of the program. It is anticipated that 45-up 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 DEL MAR's TIME OF CORPORATION's PRECEDENT AND PERFORMANCE PERFORMANCE PERFORMANCE REQUIREMENTS REQUIREMENTS Placement of aflpre*ir>aately a-5two 2 interns with small AAay-1~~09~Mav 30, 2008 businesses and 2 interns dec,^~~c~i^• ^' ~~~:~te,;.,G,,~ ., .. v~ with Del Mar College in p del-Maf 6 571 01 Corpus Christi, placement . payable no later than June based on the needs of the 15. 2008 small business with the goal of providing the business with resources that make the business more effective and/or provide growth opportunities. The primary anal of the nronram is tq 2008-186 Res. 027741 06/24/08 Del Mar College - Crp. Chr. Page 1 of 6 nendmenb061708-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 Careers PaaseraentServices to assist with administration and evaluation of the program. Placement of up to 13 August 15, 2008 Up to $20,433.99 payable 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 iob 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. Placement of apprex+rnatety ^ ~ ~^"~+ , ~ ++,.,,. ,nN o., ., ,.,+ .,,.+ +„ a eea~ up to 27 interns with small December ~a31, 2008 to $51,958 payable r~satg4y businesses in Corpus ~ ~~~~ ~~ ~;~+ s ~+.,+e...e..+~ Christi, placement based• on #rerr~-Be4-AAarno later than the needs of the small Page 2 of 6 Del Mar Development Agreement Amendment-061708-rev.doc business with the goal of January 15, 2009 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 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. Placement of May U~ appre*ia~atelyup t0 27 X530, 2009 to $51,958 payable meath4y interns with small ~ ^^^ ~° °~^' ^; °'^'°^~°^'° businesses in Corpus #rer>a-Be~Marno later than Christi, placement based on June 15, 2009 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 Page 3 of 6 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 Del Mar's TIME OF PERFORMANCE REQUIREMENTS Create and maintain not less than two January 15, 2008 through May 15, 2008 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. Create and maintain not less than one (1) Mav 15 through August 31, 2008 intern employment position to assist in the small business emalover intern program for its facility in Corpus Christi, Nueces County Texas. with an hourly wage of $11.70 aer hour, plus personnel costs during the Summer Session of 2008. Create and maintain not less than tvyeone August 15 through December X531, 2008 intern (21) employment positions to assist and January 15 through May X530, 2009 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 Chr' i Busine s r Job Development Corporation By: y S az ,Chairperson nn n r-f G RQsS • d~ I'~' ~~~~AU~TH~ORI/k~ Date: / ~ / ~~~ !tT C.OIIfYfll~.i =~{,5=~- Attest By: Armando Chapa, Assistant Secretary Page 5 of 6 Del Mar Development Agreement Amendment-061708-rev.doc .. r Del Mar Colle a-Corp s Christi e. By: Jo Alaniz, Inter' President Date: ~^ ~~'Y Attest: i Title: ~C~ rproe toollrn,watwM ' a~ a i°'~`cw w a.. sw a-+saeN Page 6 of 6 Del Mar Development Agreement Amendment-061708-rev.doc