HomeMy WebLinkAbout032161 ORD - 07/21/2020 Page 1 of 2
Ordinance approving a three year Business Incentive Agreement between the
Type B Corporation and The Botanical and Nature Institute of South Texas,
Inc. dba South Texas Botanical Gardens & Nature Center in the amount of
$89,000 for the resurfacing of the nature trail at 8545 South Staples Street,
effective upon signature of the City Manager or designee; appropriating funds
in the amount of$89,000 from the Type B Economic Development Fund; and
amending the budget.
Whereas, the Corpus Christi B Corporation ("Type B Corporation") has budgeted funds
to assist small businesses in the City of Corpus Christi, Texas ("City").
Whereas, the Type B Corporation has requested proposals that will aid small businesses
within the City, and determined that the proposal from The Botanical and Nature Institute
of South Texas, Inc. for improvement to their nature trail will best satisfy this goal:
Whereas, City Council deems that it is in the best interest of the City and citizens to
approve the business incentive agreement for The Botanical and Nature Institute of South
Texas, Inc. for improvements to their nature trail between the Type B Corporation and
The Botanical and Nature Institute of South Texas, Inc.;
Whereas, the Board of the Directors of the Type B Corporation (the "Board") approved
an agreement with The Botanical and Nature Institute of South Texas, Inc. for an incentive
of up to $89,000 at its meeting on January 27, 2020.
Now, therefore, be it resolved by the City Council of the City of Corpus Christi,
Texas:
SECTION 1. That the business incentive agreement between the Type B Corporation
and The Botanical and Nature Institute of South Texas, Inc., which will improve their
nature trail is approved.
SECTION 2. That funds in the amount of $89,000 are appropriated from the unreserved
fund balance in the No. 1145 Type B Fund for a business incentive grant from the Type
B Corporation to The Botanical and Nature Institute of South Texas, Inc. for improvements
to their nature trail.
SECTION 3. That Ordinance No. 031870, which adopted the FY 2019-2020 Operating
Fund, is amended to increase proposed expenditures in the No. 1145 Type B Fund by
$89,000 for a business incentive grant from the Type B Corporation to The Botanical and
Nature Institute of South Texas, Inc. for improvements to their nature trail.
ATTEST: THE CITY OF CORPUS CHRISTI
•
o2JQLUitt_,QAAI
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Re cca Huerta oe McComb
City Secretary 4or
Botanical Gardens 0 3 2 1 13 1 SCANNED
Page 2 of 2
That the foregoing ordirance was rea for the first time and passed to its second
reading on this the jt' hday of .1.k1 , 2020, by the following vote:
Joe McComb Michael Hunter iv
Roland Barrera Ale Ben Molina /'
Rudy Garza AlzEverett Roy
Paulette M. Guajardo4sAk
Greg Smith Al-e-
Gil
Hernandez 1
That)horegoing ordinance was read for the second time and passed finally on this
the day of 1 2020, by the following vote:
Joe McComb 1\7Michael Hunter A,-,,Q ,
Roland Barrera 1\—X Ben Molina
Rudy Garza k Everett Roy /A`--,,Q
Paulette M. Guajardo 12 Greg Smith ,
Gil Hernandez
PASSED AND APPROVED on this the ��s� day of .V\1 , 2020.
1
ATTEST:
,f ► ' _ ' /> . 1A •
Reeecca Huerta J.: McComb
City Secretary . or
Botanical Gardens
0321. 61
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized
representative), hereby certify to the City Council and other appropriate officers that the money required
for the current fiscal year's portion of the contract, agreement, obligation or expenditure described
below is in the Treasury to the credit of the Fund specified below, from which it is to be drawn, and has
not been appropriated for any other purpose. Future payments are subject to annual appropriation
by the City Council.
City Council Action Date: July 21, 2020 Legistar No.: 20-0167
Agenda Item:
Ordinance approving a three year Business Incentive Agreement between the Type B Corporation and
The Botanical and Nature Institute of South Texas, Inc. dba South Texas Botanical Gardens & Nature
Center in the amount of $89,000 for the resurfacing of the nature trail at 8545 South Staples Street
effective upon signature of the City Manager or designee; appropriating funds in the amount of $89,000
from the Type B Economic Development Fund; and amending the budget.
Amount Required: $89,000.00
Fund Name Account No. Fund No. Org. No.
Project Amount
No.
BJDTB 251850 1145 $89,000.00
Total $89,000.00
❑ Certification Not Required
II -�
Director of Financial Services
Date: -771,74)062 .0