HomeMy WebLinkAboutC2013-223 - 7/30/2013 - ApprovedAfUrs 5M, F Wo I I i -
WHEREAS, the Texas Legislature in Section 4A ■ Article 5190 .6, Vernon's Texas Revised Civil
Statutes (Development Corporation Act of 1979), now codified as Subtitle C1, Title 12, Texas
Local Government Code ("the Act"), empowered local communities with the ability to adopt an
optional local sales and use tax as a means of improving the economic health and prospedty of
their citizens;
WMEREAS, on November 5, 2002, residents of the City passed Proposition 2, New and
Expanded Business Enterprises, which authorized the adoption of a sales and use tax for the
promotion and development • new and expanded business enterprises at the rate of one-
.ighth • one percent to be imposed for 15 years;
WHEREAS, the 1/8 cent sales tax authorized by passage of Proposition 2 was subsequenti
enacted by the City Council and filed with the State Comptroller ■ Texas, effective April
2003, to be administered by the Type A Corporation's Board of Directors ("Board");
WHEREAS, the City Council approved the Corporation's amended Guidelines and Criteria f
Granting Business Incentives on September 18, 2007, which the City Council incorporated in
11
the City
• Corpus Christi Economic Development Incentive Policies 2009-2011 • Novemb
17, 2009;
WHEREAS, Section 501.073 ■ the Act requires the City Council to approve all programs a
expenditures of the Type A Corporation; I
WHEREAS, Service Corps Of Retired Executives Chapter 221 ("SCORE") has submitted a
proposal to the Type A Corporation for a $50,000 grant to assist small businesses in Corpus
Christi;
WHEREAS, the Board has determined that it is in the best interests of the citizens of Corpu,-
Christi, Texas,
• fund SCORE's assistance • small businesses in Corpus Christi; and
In consideration of the covenants, promises, and conditions stated in this Project Service
Agreement, the Type A Corporation and the City agree as follows:
I. Project Service Agreement to Implement Business Incentives Agreement. This Project
Service Agreement between the City and the Type A Corporation is executed to implement the
Business Incentive Agreement for the Creation of Jobs between the Type A Corporation and
SCORE related to SCORE's assistance of small businesses in Corpus Christi ("Business
Incentive Agreement").
2. Term. The term of this Project Service Agreement runs concurrently with the term of the
Business Incentives Agreement.
2013-223
7/30/13 Page 1 of 3
SCORE 2 Res. 029907 ,n, -SCORE 2014
Chapter 21 INDEXED
a. The City Manager or designee shall administer funding on behalf of the Type A
Corporation.
[all III IMUZ160 Iasi I musdig]
8. Captions. The captions in this Project Service Agreement are for convenience only and are
not a part of this Project Service Agreement. The captions do not in any way limit or amplify the
terms and provisions of this Project Service Agreement.
EMM��D
Page 2 of 3
Type A Business Support Agreement - SCORE 2014
9
4-,.
.71
Armando Chap
City Secretary
Page 3 of 3
Type A Business Support Agreement ® SCORE 2014