HomeMy WebLinkAboutC2018-723 - 11/27/2018 - Approved Renewal
Small Business Incentive Agreement Between
Corpus Christi Business and Job Development Corporation
and LiftFund, Inc.
Renewal No.: 1 Date: September 17, 2018
The Corpus Christi Business and Job Development Corporation hereinafter referred to as
the Corporation, and LiftFund, Inc., San Antonio, Texas, hereinafter referred to as the LiftFund,
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 LiftFund.
This Renewal is to exercise the first one-year option provided for in section 2 of the
agreement. The Term of this renewal option is October 1, 2018 through September 30,
2019.
The maximum amount of the grant for this Renewal will not exceed $250,000 as shown
in section 4.vi. of the agreement.
The Corporation and LiftFund 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.
1 /›.0/
Ja :arre a 1- e Scott Harris Crate
President and CEO President
LiftFund, Inc. Corpus Christi Business and Job
Development Corporation
6 . (C)(2) AU1 NUKici.• PROVED S TO LEGAL FORM
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Assistant City Attorney Date
SFeETTAr• Attorney for Corporation
ATTEST: 4i��•Ce-464 filA9444-1^
RE ECCA HUERTA
CITY SECRETARY
C2018-723
11/27/18
Res. 031597
LiftFund Inc.
SCANNED