HomeMy WebLinkAboutC2018-727 - 11/27/2018 - Approved Renewal
Small Business Incentive Agreement Between
Corpus Christi Business and Job Development Corporation
and Del Mar College's Procurement Technical Assistance Center
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 section 3 of the agreement is amended to replace it with the following:
"3. Performance Requirements and Grants. Del Mar shall educate small businesses on
the requirements of government procurement, help them get certified to qualify to bid
on contracts, and give them access to a portal to find these contracts. The annual grant
shall not to exceed $99,500. The Corporation will pay the grant to Del Mar as invoices
are received. Del Mar will display signage that states that they are recipients of Type A
funding. This signage will be provided to Del Mar by the Board and will be displayed in
a location that is visible to a visitor to their facility."
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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President President
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