HomeMy WebLinkAboutC2019-695 - 12/17/2019 - Approved Renewal
Small Business Incentive Agreement Between
Corpus Christi Business and Job Development Corporation
and Del Mar College
Renewal No.: 1 Date: October 1, 2019
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
February 19, 2019, 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, 2020 through December 31,
2020.
The grant provided for this Renewal term shall not exceed $133,000 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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Dr. Mark Escamilla Date Scott Harris D to
President President
Del Mar College Corpus Christi Business and Job
Development Corporation
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CITY SECRETARY - (/ `�`
Assistant City Attorney Date
Attorney for Corporation
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