HomeMy WebLinkAboutC2008-435 - 11/11/2008 - ApprovedSECOND 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$12~929 195 929, with $~9~520- 175 662 being used for intern matching
funds which will be equally matched by the small businesses' contributions. The
$499- 20 267 is for two half-time intern positions for spring semesters of 2008 aad
2899-and one half-time intern position during the summer session of 2008, aad-fall
semester of 2008, spring 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, 233 interns in the fall semester of 2008,
aad-39-35 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 $8~ 8 105 payable no
interns with small later than June 15, 2008
businesses in Corpus
cnnsn, placement Dasea 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
2008-435 ~
11/11/08
Res. 027928 Page 1 of 6
Tx. A&M Univ: CC !nd Amendment 10232008.doc
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 $2994- 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,
Services to assist with
administration and
evaluation of the program.
Placement of up to 233 December 31, 2008 Up to c"'~~
interns with small $55,058.00 payable no later
businesses in Corpus than January 15, 2009
Christi, lacement based on
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TAMUCC Development Agreement 2nd Amentlment 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 38 May 30, 2009 Up to $54;~9a-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
development and job
creation. Employment of
t+rve-one interns. for 20
hours per week and 12
weeks per semester during
the Spring Semester of
2008, within the Office of
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TAMUCC Development Agreement 2nd Amendment 1023200t3.doc
Career Services to assist
with administration and
evaluation of the program.
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
Christi, placement based on 2008
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 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 TAMU-CC's TIME OF PERFORMANCE
Create and maintain not less than two January 15 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
wa a of $11.70 er hour, lus personnel
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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 May 15 through August 15, 2008
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.
Create and maintain not less than one August 15 through December 15, 2008;
intern (1) employment position during the aad January 15 through May 15, 2009;
Fall 2008 semester, and May 16 through August 15. 2009
in{cm M\ o r.l..v...c,n4 ....o iFii.no .I,,rinn Lh
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, gad-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.
By:
Date: / r~ ^/ )^~
Page 5 of 6
TAMUCC Development Agreement 2nd Amendment 70232008.doc
Attest
sy:
Armando Chapa
Assistant Secretary
Texas A&M University-Corpus Christi
BY~ Cd.da.~.a K.I.LK~4/
Hervey Knull
Vice President for Sponsor Programs
Date:
Attest:
By:
Title:
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TAMUCC Development Agreement 2nd Amendment 10232008.doc