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HomeMy WebLinkAboutC2018-729 - 12/4/2018 - Approved Renewal Small Business Incentive Agreement Between Corpus Christi Business and Job Development Corporation and Texas A&M University—Corpus Christi Renewal No.: 1 Date: September 17, 2018 The Corpus Christi Business and Job Development Corporation hereinafter referred to as the Corporation, and Texas A&M University — Corpus Christi, hereinafter referred to as TAMU- CC, 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 TAMU-CC. 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 TAMU-CC 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.- I Li. /06 A, ... Dr. Kell M. Quintanilla Date Scott Harris D e TN President President Texas A&M University—Corpus Christi Corpus Christi Business and Job Development Corporation PROVED 'S TO LEGAL FORM i, --At.,( (Otte(AC Assistant City Attorney Date Attorney fo -or. oration ATTEST: r = . .L REB CCA HUE CITY SECRET ,AUTHU I[td C2018-729 CY COMM 1 lB 12/04/18 Res. 031608 ------ '.4 TAMU-CC sErraf raati S1ANNFfl