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Ordinance approving a five-year Business Incentive Agreement between the
Corpus Christi B Corporation and the United Service Organization of South
Texas ("USO") in the amount of $250,000 for the creation and retention of jobs
and improvements to the facility leased to the USO by the United States Navy,
effective upon signature of the City Manager or designee; appropriating funds
in the amount of $250,000 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 in the creation and retention of jobs in the City of Corpus Christi, Texas ("City");
Whereas, the USO provides important, quality services to military members and families
in the City at the local military base, which is a large, primary employer within the City;
Whereas, the USO facility is in need of improvements that will allow the USO to continue
current services and expand services to the local military families, which, in addition to
the creation and retention of USO jobs, assists in the retention of jobs at the local military
base;
Whereas, the Type B Corporation has requested applications that will aid in the creation
or retention of jobs in the City, and determined that the application from the USO for
creation and retention of jobs and improvements to the USO facility 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 with the USO for creation and retention of jobs
and improvements to the USO facility;
Whereas, the Board of the Directors of the Type B Corporation (the "Board") approved
an agreement with the USO for an incentive of up to $250,000 at its meeting on July 20,
2020.
Now, therefore, be it ordained 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 USO for creation and retention of jobs and improvements to the facility leased to
the USO by the United States Navy is approved.
SECTION 2. That funds in the amount of $250,000 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 USO for creation and retention of jobs and improvements to the
facility leased to the USO by the United States Navy.
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
$250,000.
032.) 87
SCANNED
Page 2 of 2
ATTEST: THE CITY OF CORPUS CHRISTI
(1QA- U&I—VA(1447/k
Rebecca Huerta
City Secretary
That the foregoing ordinance was rad for the first time and passed to its second
reading on this the 1'0\ day of , 2020, by the following vote:
Joe McComb Q Michael Hunter
Roland Barrera Ben Molina
Rudy Garza Everett Roy
Paulette M. Guajardo(eGreg Smith
Gil Hernandez
That the foregoing ordinance was read for the second time and passed finally on this
the '),511`day of r 2020, by the following vote:
Joe McComb Michael Hunter
Roland Barrera Ben Molina
Rudy Garza Everett Roy
Paulette M. Guajardo bk Greg Smith
Gil Hernandez
PASSED AND APPROVED on this the day of Au `5 , 2020.
ATTEST:
e.
- (7,
Reb cca Huerta
City Secretary
0321R7
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: August 25, 2020 Legistar No.: 20-0896
Agenda Item:
Ordinance approving a five-year Business Incentive Agreement between the Corpus Christi B
Corporation and the United Service Organization of South Texas ("USO") in the amount of $250,000 for
the creation and retention of jobs and improvements to the facility leased to the USO by the United States
Navy, effective upon signature of the City Manager or designee; appropriating funds in the amount of
$250,000 from the Type B Economic Development Fund; and amending the budget.
Amount Required: $250,000.00
Fund Name
Account No.
Fund No.
Org. No.
Project
No.
Amount
BJDTB
251850
1145
$250,000.00
Total
$250,000.00
❑ Certification Not Required
Director of Financial Services
Date: '00/G'
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: August 25, 2020 Legistar No.: 20-0896
Agenda Item:
Ordinance approving a five-year Business Incentive Agreement between the Corpus Christi B
Corporation and the United Service Organization of South Texas ("USO") in the amount of $250,000 for
the creation and retention of jobs and improvements to the facility leased to the USO by the United States
Navy, effective upon signature of the City Manager or designee; appropriating funds in the amount of
$250,000 from the Type B Economic Development Fund; and amending the budget.
Amount Required: $250,000.00
Fund Name
Account No.
Fund No.
Org. No.
Project
No.
Amount
BJDTB
251850
1145
$250,000.00
Total
$250,000.00
❑ Certification Not Required
Director of Financial Services
Date: eixiG