HomeMy WebLinkAboutC2014-328 - 9/16/2014 - Approved 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 III 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:
CORPUQHRISTI-D,,OWNTOWjJ MANAGEMENT DISTRICT
BY: ft l /
NAME
TITLE: X e , 1V . re • d
DATE: /
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2014-328
9/16/14
Res. 030279
Downtown Management District INDEXED
CITY OF CORPUS CHRISTI
BY: uU1 ;,•
, et.f
tt�� _ATTEST. •
NAME: Acts R' C• �� ,) REBEr : "7,11•4
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TITLE: 3u (,r cirY ;
DATE: q• t.p
Approved as to form: 3
By:
Lisa Aguilar, Assistant Attorney
For the City Attorney
S TO 29
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DMD Amendment