HomeMy WebLinkAboutC2018-691 - 11/27/2018 - Approved Renewal
Small Business Incentive Agreement Between
Corpus Christi Business and Job Development Corporation
and Del Mar College
Renewal No.: 1 Date: September 17, 2018
The Corpus Christi Business and Job Development Corporation hereinafter referred to as
the Corporation, and Del Mar College, hereinafter referred to as Del Mar, do hereby make and
enter into this Renewal No. 1 of the Small Business Incentive Agreement ("Renewal") which,
together with the Small Business Incentive Agreement, which was approved by City Council on
October 10, 2017, and all other duly executed amendments, constitutes the entire agreement
under the above-referenced agreement between the Corporation and Del Mar.
This Renewal is to exercise the first one-year option provided for in section 2.b. of the
agreement. The Term of this renewal option is January 1, 2019 through December 31,
2019.
The grant provided for this Renewal term shall not exceed $150,000 as provided in
section 3 of the agreement.
The Corporation and Del Mar agree to and shall abide by all terms and conditions of the original
agreement and any amendments thereto, to the extent they are not in conflict with the terms of
this Renewal.
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d73 4V (:)//4- 63,
DateScott Harris ate/63.
M scamilla, Ph.D.
President and CEO President
Del Mar College Corpus Christi Business and Job
Development Corporation
PROVED AS TO LEGAL FORM
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ST COUNCIL \I Z� I I , Assistant City Attorney Date
Attorney Corporation
Cor oration
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ATTEST:
REECCA HUERTA
C2018-691 CITY SECRETARY
11/27/18
Res. 031596
Del Mar College