HomeMy WebLinkAbout028161 RES - 05/12/2009Page 1 of 3
A RESOLUTION
APPROVING A BUSINESS INCENTIVE AGREEMENT BETWEEN
THE CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT
CORPORATION AND DEL MAR COLLEGE FOR AN INTERN
PROGRAM TO SUPPORT SMALL BUSINESSES AND
AUTHORIZING THE CITY MANAGER, OR DESIGNEE, TO
EXECUTE A PROJECT SUPPORT AGREEMENT WITH THE
CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT
CORPORATION REGARDING IMPLEMENTATION AND
ADMINISTRATION OF THE DEL MAR COLLEGE BUSINESS
INCENTIVE AGREEMENT
WHEREAS, the Corpus Christi Business and Job Development Corporation ("4A
Board") has budgeted funds to assist small businesses and promote new jobs in
Corpus Christi, Texas.
WHEREAS, there is a need for a business incentive project support agreement
between the City of Corpus Christi ("City") and the 4A Board for the
implementation and administration of the business incentive agreement with Del
Mar for a intern program to support small businesses.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
SECTION 1. That business incentive agreement for a intern program to support
small businesses between the 4A Board and Del Mar, which is attached to this
resolution as Exhibit A, is approved.
SECTION 2. That the City Manager, or designee, is authorized to execute a
project support agreement between the City and 4A Board for the implementation
and administration of the small business incentive agreement with Del Mar for a
intern program to support small businesses, which is attached to this resolution
as Exhibit B.
ATTEST:
Armando Chapa
City Secretary
Res -Del Mar Intern -- 04302009.doc
CITY OF CORPUS CHRISTI
0'87.6.
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APPROVED as to form: May S, 2009
R. Jining
First Assistant Cit9 Attorney
For the City Attorney
Res -Del Mar Intern -- 04302009.doc
Corpus Christi, Texas
JP of
, 2009
The above resolution was passed by the following vote:
Henry Garrett
Melody Cooper
Larry Elizondo, Sr.
Mike Hummell
Bill Kelly
Priscilla G. Leal
John E. Marez
Nelda Martinez
Michael McCutchon
Res -Del Mar Intern -- 04302009.doc
0281.6.
Page 3 of 3
BUSINESS INCENTIVE AGREEMENT BETWEEN THE CORPUS CHRISTI
BUSINESS AND JOB DEVELOPMENT CORPORATION AND DEL MAR COLLEGE
FOR AN INTERN PROGRAM TO SUPPORT SMALL BUSINESSES
This Business Incentive Agreement for ("Agreement") is entered into between the
Corpus Christi Business and Job Development Corporation ("Corporation") and Del Mar
College, a Texas institution of higher education ("Del Mar").
WHEREAS, the Texas Legislature in Section 4A of Article 5190.6, Vernon's Texas
Revised Civil Statutes (Development Corporation Act of 1979) empowered local
communities with the ability to adopt an optional local sales and use tax as a means of
improving the economic health and prosperity of their citizens;
WHEREAS, on November 5, 2002, residents of the City of Corpus Christi ("City")
passed Proposition 2, New and Expanded Business Enterprises, which authorized the
adoption of a sales and use tax for the promotion and development of new and
expanded business enterprises at the rate of one-eighth of one percent to be imposed
for 15 years;
WHEREAS, the 1/8th cent sales tax authorized by passage of Proposition 2 was
subsequently enacted by the City Council and filed with the State Comptroller of Texas,
effective April 1, 2003, to be administered by the Corpus Christi Business and Job
Development Corporation Board;
WHEREAS, the Corpus Christi Business and Job Development Corporation exists for
the purposes of encouraging and assisting entities in the creation of jobs for the citizens
of Corpus Christi, Texas;
WHEREAS, the Board of Directors of the Corporation ("Board"), on September 10,
2007, amended the Corporation's Guidelines and Criteria for Granting Business
Incentives;
WHEREAS, Section 21 of the Texas Development Corporation Act of 1979, Art. 5190.6,
Vernon's Texas Revised Civil Statutes, requires the City Council to approve all
programs and expenditures of the corporation;
WHEREAS, the City Council approved the Corporation's amended Guidelines and
Criteria for Granting Business Incentives on September 18, 2007;
WHEREAS, Del Mar has requested business development funds from the Board to
assist small businesses by providing access to students, who will serve as interns in
professional level positions;.
WHEREAS, the small businesses will pay the student interns minimum wage (currently
$6.55 per hour, adjusting to $7.25 per hour on July 24, 2009) and Del Mar will match the
small business contribution.
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Cvhhi it A
WHEREAS, the interns will be selected based on the needs of the small businesses
with the goal of providing the businesses with resources that make the businesses more
effective and provide growth opportunities;
WHEREAS, the primary goal of the program is to provide support to small businesses in
Corpus Christi that will encourage growth, retention, economic development, and job
creation;
WHEREAS, the goal of the project is the creation of 1 new full time job for every 10
internship positions funded (a 10% new job "return on investment");
WHEREAS, a secondary benefit of the small business intern program is providing
students real-world experience, while they are making a living wage without working
extended hours and developing potential full-time employment opportunities following
graduation;
WHEREAS, the Board has determined that it is in the best interests of the citizens of
Corpus Christi, Texas that business development funds be provided to Del Mar, through
this Agreement with Del Mar, to be used by Del Mar to assist small businesses by
providing access to students, who will serve as interns in professional level positions.
In consideration of the covenants, promises, and conditions stated in this Agreement,
Corporation and Del Mar agree as follows:
1. Effective Date. The effective date of this Agreement ("Effective Date") is the latest
date that either party executes this Agreement.
2. Term.
a. The term of this Agreement is for one year from August 1, 2009, through July
31, 2010.
b. This Agreement may be extended at the option of the Corporation for up to
four additional one year terms, contingent upon annual appropriation of funds
and approval of the City Council.
c. If this Agreement is extended for subsequent period, this Agreement may be
amended by adoption of a revised Schedule A, which is attached to and
incorporated into this Agreement.
3. Grant.
a. The Corporation will grant Del Mar an incentive of up to One Hundred
Seventy Three Thousand Two Hundred Twenty Three Dollars ($173,223.00),
which must be used to fund one half of the salary of up to 93 interns, who will be
paid twice the minimum wage, while participating in Del Mar's Small Business
Employer Intern Program, and the full salary of six interns, who will assist with
the program administration.
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b. The Corporation's grant conditioned upon Del Mar's successful completion of
the terms of this Agreement, including, but not limited to, the performance
requirements and conditions precedent in Schedule A.
c. The Corporation's grant shall be paid in monthly installments based upon
evidence of the amount paid by Del Mar to the small business employers during
the prior month.
4. Del Mar's Duties and Responsibilities.
a. Del Mar shall provide administrative oversight and direct supervision for the
placement of interns in the Del Mar's Small Business Employer Intern Program.
b. Del Mar shall create and maintain not less than two part-time intern (2)
employment positions to assist in the small business employer intern program in
Corpus Christi, Nueces County, Texas, during the term of this Agreement. The
interns must be paid twice the minimum wage, which is scheduled to be $7.25
per hour on July 26, 2009.
c. Del Mar shall place, with small businesses in Corpus Christi, the number of
interns specified in Schedule A, during each semester or summer session. Since
the primary goal of the Del Mar's Small Business Employer Intern Program is to
provide support to small businesses in Corpus Christi that will encourage growth,
retention, economic development, and job creation, placements must be based
on the needs of the small business with the goal of providing the business with
resources that make the business more effective and provide growth
opportunities for the businesses.
d. Del Mar shall ensure that the small business employer of each intern pays the
student intern the minimum wage, and Del Mar shall match the small business
employer's payments to the interns.
e. Del Mar shall try to place the interns for 19 hours per week and 12 weeks per
semester or summer session.
f. Del Mar shall work with the small businesses that receive interns under the
program to encourage the creation of permanent full time jobs for the interns or
similarly qualified individuals.
5. Job Creation Qualification.
a. In order to count as a created job under this Agreement, the job must pay
wages as required by Section 38(b) of the Development Corporation Act of 1979,
as amended, which is the median wage of the occupation in the Corpus Christi
MSA as determined by Texas Workforce Commission's Texas Industry Profiles
report.
b. A full-time permanent job is one that provides at least 2,080 hours annually.
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c. Del Mar agrees to confirm and document to the Corporation that each job
created as a result of funding provided by this Agreement is maintained
throughout the term of this Agreement.
d. Del Mar agrees to provide Corporation with a sworn certificate by authorized
representative of each shall business assisted under this Agreement certifying
the number of full-time permanent employees employed by the business assisted
through the Intern Program.
e. Del Mar shall ensure that the Corporation is allowed reasonable access to
personnel records of the businesses assisted under this Agreement.
6. Reports and Monitoring.
a. Del Mar shall provide a report at the end of each semester or summer session
certifying the status of compliance through the life of the Agreement.
Documentation for jobs may be in the form of quarterly IRS 941 returns, Del Mar
employer Quarterly Reports, or employee rosters that show the hours worked
and the positions filled, and such other reports as may reasonably be required.
b. Del Mar, during normal working hours shall allow the Corporation and its
designee, City of Corpus Christi Economic Development Department, reasonable
access to Del Mar's employment records and books, to verify employment and all
other relevant records related to each of the other economic development
considerations and incentives, as stated in this Agreement, but the confidentiality
of the records and information must be maintained by Corporation and its
designee, unless such records and information shall be required by a court order,
a lawfully issued subpoena, or at the direction of the Office of the Texas Attorney
General.
7. Warranties. Del Mar warrants and represents to Corporation the following:
a. Del Mar has the authority to enter into and perform, and will perform, the
terms of this Agreement.
b. The individual executing this Agreement on behalf of Del Mar is duly
authorized to execute this Agreement on behalf of Del Mar.
c. No litigation or governmental proceeding is pending or, to the knowledge of
Del Mar or Del Mar's officers, threatened against or affecting Del Mar that may
result in any material adverse change in Del Mar's business, properties, or
operations. No consent, approval, or authorization of or registration or
declaration within any governmental authority is required in connection with the
execution of this Agreement or the transactions contemplated by this Agreement.
d. No certificate, statement, or information provided by Del Marto Corporation, or
the City of Corpus Christi in connection with any transaction contemplated by this
Agreement, contains any untrue statements or fails to state any fact necessary to
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keep the statements contained in the certificate, statement, or information from
being misleading.
e. To the best of its knowledge, Del Mar has acquired and maintained all
necessary rights, licenses, permits, and authority to carry out this Agreement,
and will continue to use its best efforts to maintain all necessary rights, licenses,
permits, and authority.
f. The funds granted through this Agreement must be utilized solely for the
purpose of offsetting the cost of creating and maintaining the interns for Del Mar's
Small Business Employer Intern Program.
g. Del Mar shall complete the project required by this Agreement, and shall
provide and staff the required employment positions, investment, and other
economic development considerations described in this Agreement.
h. Del Mar shall timely and fully comply with all of the terms and conditions of
this Agreement.
i. Del Mar has received a copy of the Subtitle C1, Title 12, Texas Local
Government Code, which governs development corporations, and acknowledges
that the funds granted in this Agreement must be utilized solely for purposes
authorized under State law and by the terms of this Agreement.
j. In the event it is determined by Corporation or City of Corpus Christi that funds
provided under this Agreement were not used as authorized by State law, then
Del Mar shall repay the funds to the Corporation within 30 days of written notice
requesting reimbursement.
k. If an audit determines that the funds were not used for authorized purposes ,
Del Mar agrees to reimburse Corporation for the sums of money spent for
purposes not authorized by law within 30 days written notice requesting
reimbursement.
I. There are no bankruptcy proceedings currently pending concerning Del Mar,
nor are any such proceedings contemplated by Del Mar, as of the date of
execution of this Agreement by Del Mar.
m. Del Mar shall provide information, reports, or statements respecting its
business operations and financial condition as Corporation may reasonably
request from time to time.
8. All representations, warranties, covenants, and agreements of the parties, as well as
any rights and benefits of the parties pertaining to the transaction contemplated by this
Agreement, shall survive the original execution date of this Agreement.
9. Compliance with Laws. Del Mar shall observe and obey all applicable laws,
ordinances, regulations, and rules of the Federal, State, county, and city governments.
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10. Non -Discrimination. Del Mar covenants and agrees that Del Mar will not
discriminate nor permit discrimination against any person or group of persons, with
regard to employment and the provision of services at, on, or in the Facility, on the
grounds of race, religion, national origin, marital status, sex, age, disability, or in any
manner prohibited by the laws of the United States or the State of Texas.
11. Force Majeure. If the Corporation or Del Mar are prevented, wholly or in part, from
fulfilling its obligations under this Agreement by reason of any act of God, unavoidable
accident, acts of enemies, fires, floods, governmental restraint or regulation, other
causes of force majeure, or by reason of circumstances beyond its control, then the
obligations of the Corporation or Del Mar are temporarily suspended during continuation
of the force majeure. If either party's obligation is affected by any of the causes of force
majeure, the party affected shall promptly notify the other party in writing, giving full
particulars of the force majeure as soon as possible after the occurrence of the cause or
causes relied upon.
12. Assignment. Del Mar may not assign all or any part of its rights, privileges, or
duties under this Agreement without the prior written approval of the Corporation and
City. Any attempted assignment without approval is void, and constitutes a breach of
this Agreement.
13. Indemnity. To the extent authorized by law, Del Mar covenants to
fully indemnify, save, and hold harmless the Corporation, the City,
their respective officers, employees, and agents ("Indemnitees")
against all liability, damage, loss, claims demands, and actions of any
kind on account of personal injuries (including, without limiting the
foregoing, workers' compensation and death claims), or property loss
or damage of any kind, which arise out of or are in any manner
connected with, or are claimed to arise out of or be in any manner
connected with Del Mar activities conducted under or incidental to
this Agreement, including any injury, loss or damage caused by the
sole or contributory negligence of any or all of the lndemnitees. Del
Mar must, at its own expense, investigate all those claims and
demands, attend to their settlement or other disposition, defend all
actions based on those claims and demands with counsel
satisfactory to lndemnitees, and pay all charges of attorneys and all
other cost and expenses of any kind arising from the liability,
damage, loss, claims, demands, or actions.
14. Events of Default. The following events constitute a default of this Agreement:
a. Failure of Del Mar to timely, fully, and completely comply with any one or
more of the requirements, obligations, duties, terms, conditions, or warranties of
this Agreement.
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b. The Corporation or City determines that any representation or warranty on
behalf of Del Mar contained in this Agreement or in any financial statement,
certificate, report, or opinion submitted to the Corporation in connection with this
Agreement was incorrect or misleading in any material respect when made;
15. Notice of Default. Should the Corporation or City determine that Del Mar is in
default according to the terms of this Agreement, the Corporation or City shall notify Del
Mar in writing of the event of default and provide 60 days from the date of the notice
("Cure Period") for Del Mar to cure the event of default.
16. Results of Uncured Default. After exhausting good faith attempts to address any
default during the cure Period, and taking into account any extenuating circumstances
that might have occurred through no fault of Del Mar, as determined by the Board of
Directors of the Corporation, the following actions must be taken for any default that
remains uncured after the Cure Period.
a. Del Mar shall immediately repay all funds paid by Corporation under this
Agreement.
b. Del Mar shall pay Corporation reasonable attorney fees and costs of court to
collect amounts due to Corporation.
c. The Corporation shall have no further obligations to Del Mar under this
Agreement.
d. Neither the City nor the Corporation may be held liable for any consequential
damages.
e. The Corporation may pursue all remedies available under law.
17. No Waiver.
a. No waiver of any covenant or condition, or the breach of any covenant or
condition of this Agreement, constitutes a waiver of any subsequent breach of
the covenant or condition of the Agreement.
b. No waiver of any covenant or condition, or the breach of any covenant or
condition of this Agreement, justifies or authorizes the nonobservance on any
other occasion of the covenant or condition or any other covenant or condition of
this Agreement.
c. Any waiver or indulgence of Del Mar' default may not be considered an
estoppel against the Corporation.
d. It is expressly understood that if at any time Del Mar is in default in any of its
conditions or covenants of this Agreement, the failure on the part of the
Corporation to promptly avail itself of the rights and remedies that the
Corporation may have, will not be considered a waiver on the part of the
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Corporation, but Corporation may at any time avail itself of the rights or remedies
or elect to terminate this Agreement on account of the default.
18. Limitation on Corporation's Liability. Del Mar specifically agrees that Corporation
shall only be liable to Del Mar for the actual amount of the money grants to be conveyed
to Del Mar , and shall not be liable to Del Mar for any actual or consequential damages,
direct or indirect, interest, attorney fees, or cost of court for any act of default by
Corporation under the terms of this Agreement.
a. Payment by Corporation is strictly limited to those funds so allocated,
budgeted, and collected solely during the grant term of this Agreement, being
August 1, 2009, through July 31, 2010.
b. Corporation will use its best efforts to anticipate economic conditions and to
budget accordingly.
c. However, it is further understood and agreed that, should the actual total sales
tax revenue collected for any one year be less than the total amount of grants to
be paid to all contracting parties with Corporation for that year, then in that event,
all contracting parties shall receive only their pro rata share of the available sales
tax revenue for that year, less Corporation's customary and usual costs and
expenses, as compared to each contracting parties' grant amount for that year,
and Corporation shall not be liable to for any deficiency at that time or at any time
in the future. In this event, Corporation will provide all supporting documentation,
as requested.
d. Payments to be made shall also require a written request from Del Mar to be
accompanied by all necessary supporting documentation.
19. Notices.
a. Any required written notices shall be sent mailed, certified mail, postage
prepaid, addressed as follows:
Del Mar:
Del Mar College
Vice President
Business and Finance
101 Baldwin Boulevard
Corpus Christi, Texas 78404
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Corporation:
City of Corpus Christi
Business and Job Development Corporation
Attn.: Executive Director
1201 Leopard Street
Corpus Christi, Texas 78401
b. A copy of all notices and correspondence must be sent the City at the
following address:
City of Corpus Christi
Attn.:City Manager
P.O. Box 9277
Corpus Christi, Texas 78469-9277
c. Notice is effective upon deposit in the United States mail in the manner
provided above.
20. Incorporation of Other Documents. The Corpus Christi Business and Job
Development Corporation Guidelines and Criteria for Granting Business Incentives
("Corporation Guidelines"), as amended, are incorporated into this Agreement.
21. Amendments or Modifications. No amendments or modifications to this Agreement
may be made, nor any provision waived, unless in writing signed by a person duly
authorized to sign Agreements on behalf of each party.
22. Relationship of Parties. In performing this Agreement, both the Corporation and
Del Mar will act in an individual capacity, and not as agents, representatives,
employees, employers, partners, joint -venturers, or associates of one another. The
employees or agents of either party may not be, nor be construed to be, the employees
or agents of the other party for any purpose.
23. Captions. The captions in this Agreement are for convenience only and are not a
part of this Agreement. The captions do not in any way limit or amplify the terms and
provisions of this Agreement.
24. Severability.
a. If for any reason, any section, paragraph, subdivision, clause, provision,
phrase or word of this Agreement or the application of this Agreement to any
person or circumstance is, to any extent, held illegal, invalid, or unenforceable
under present or future law or by a final judgment of a court of competent
jurisdiction, then the remainder of this Agreement, or the application of the term
or provision to persons or circumstances other than those as to which it is held
illegal, invalid, or unenforceable, will not be affected by the law or judgment, for it
is the definite intent of the parties to this Agreement that every section,
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paragraph, subdivision, clause, provision, phrase, or word of this Agreement be
given full force and effect for its purpose.
b. To the extent that any clause or provision is held illegal, invalid, or
unenforceable under present or future law effective during the term of this
Agreement, then the remainder of this Agreement is not affected by the law, and
in lieu of any illegal, invalid, or unenforceable clause or provision, a clause or
provision, as similar in terms to the illegal, invalid, or unenforceable clause or
provision as may be possible and be legal, valid, and enforceable, will be added
to this Agreement automatically.
25. Venue. Venue for any legal action related to this Agreement is in Nueces County,
Texas.
26. Sole Agreement. This Agreement constitutes the sole Agreement between
Corporation and Del Mar. Any prior Agreements, promises, negotiations, or
representations, verbal or otherwise, not expressly stated in this Agreement, are of no
force and effect.
27. Survival of Terms of Agreement and Obligations of Parties. The terms of this
Agreement and the following obligations of the parties survive the termination of this
Agreement:
a. Payment by the Corporation of the portion of the grant for salaries of interns
during the 2010 summer session under Section 5.c.
b. Del Mar's record keeping and reporting requirements under Sections 4, 5, and
6.
c. Del Mar's duty to repay funds not used for an authorized purpose under
Section 7.
Corpus Christi Business & Job Development Corporation
By:
Date:
Eloy Salazar
Chairperson
Attest:
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By:
Armando Chapa
Assistant Secretary
Del Mar College—Corpus Christi
By:
Date:
Mark Escamilia
President
THE STATE OF TEXAS §
§
COUNTY OF NUECES §
This instrument was acknowledged before me on , 2009, by
Mark Escamilla, Ph.D, for Del Mar College, a political subdivision of the State of Texas,
on behalf of the college district.
Notary Public
State of Texas
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SCHEDULE A
DEL MAR's TIME OF
PERFORMANCE
DEL MAR's
CONDITIONS
PRECEDENT AND
PERFORMANCE
REQUIREMENTS
CORPORATION's
MAXIMUM
PAYMENT
TOWARD
GRANT DURING
PERIOD
Fall Semester 2009
September 1 through
December 31, 2009
Placement of not more
than 20 interns with
small businesses in
Corpus Christi, plus
employment of 2 intern
to assist in program
administration.
$39,672.00
Spring Semester 2010
January 1 through May
31, 2010
Placement of not more
than 37 interns with
small businesses in
Corpus Christi, plus
employment of 2 intern
to assist in program
administration.
$67,773.00
Summer Session 2010
June 1 through July
31, 2010
Placement of not more
than 36 interns with
small businesses in
Corpus Christi, plus
employment of 2 intern
to assist in program
administration.
$65,778.00
A -- 1
BUSINESS INCENTIVE AGREEMENT -- Del Mar Interns -- 05052009.doc
BUSINESS INCENTIVE PROJECT SERVICE AGREEMENT
This Business Incentives Project Service Agreement ("Project Service Agreement") is
entered into between the Corpus Christi Business and Job Development Corporation
("Corporation") and the City of Corpus Christi, Texas ("City").
WHEREAS, the Texas Legislature in Section 4A of Article 5190.6, Vernon's Texas
Revised Civil Statutes (Development Corporation Act of 1979) empowered local
communities with the ability to adopt an optional local sales and use tax as a means of
improving the economic health and prosperity of their citizens;
WHEREAS, on November 5, 2002, residents of the City passed Proposition 2, New and
Expanded Business Enterprises, which authorized the adoption of a sales and use tax
for the promotion and development of new and expanded business enterprises at the
rate of one-eighth of one percent to be imposed for 15 years;
WHEREAS, the 1/8 cent sales tax authorized by passage of Proposition 2 was
subsequently enacted by the City Council and filed with the State Comptroller of Texas,
effective April 1, 2003, to be administered by the Corporation's Board of Directors;
WHEREAS, the Corporation exists for the purposes of encouraging and assisting
entities in the creation of jobs for the citizens of Corpus Christi, Texas;
WHEREAS, the Board of Directors of the Corporation ("Board"), on September 10,
2007, amended the Corporation's Guidelines and Criteria for Granting Business
Incentives;
WHEREAS, Section 21 of the Texas Development Corporation Act of 1979, Art. 5190.6,
Vernon's Texas Revised Civil Statutes, requires the City Council to approve all
programs and expenditures of the Corporation;
WHEREAS, the City Council approved the Corporation's amended Guidelines and
Criteria for Granting Business Incentives on September 18, 2007;
WHEREAS, Del Mar College has submitted a proposal to the Corporation for $173,223
for an intern program for small businesses;
WHEREAS, the Board has determined that it is in the best interests of the citizens of
Corpus Christi, Texas, to fund the Del Mar College's an intern program for small
businesses; and
WHEREAS, the Corporation and Del Mar College have executed a business incentive
project agreement for an intern program for small businesses.
In consideration of the covenants, promises, and conditions stated in this Project
Service Agreement, the Corporation and the City agree as follows:
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Fyhibit B
1. Project Service Agreement to Implement Business Incentives Agreement. This
Project Service Agreement between the City and the Corporation is executed to
implement the Business Incentive Agreement for an intern program for small
businesses between the Corporation and Del Mar College ("Business Incentive
Agreement").
2. Term. The term of this Project Service Agreement runs concurrently with the term of
the Business Incentive Agreement.
3. Services to be Provided by City.
a. The City Manager, or the City Manager's designee, shall administer funding
on behalf of the Corporation.
b. The City Manager, or the City Manager's designee, shall perform contract
administration responsibilities outlined in the Business Incentive Agreement for
the Corporation.
4. Appropriation of Funds. Any future payments by the City are subject to
appropriation of funds by City's Council.
5. Effective Date. The effective date of this Project Service Agreement is the latest
date that either party executes this Agreement.
6. Amendments or Modifications. No amendments or modifications to this Project
Service Agreement may be made, nor any provision waived, unless in writing signed by
a person duly authorized to sign agreements on behalf of each party.
7. Severability.
a. If for any reason, any section, paragraph, subdivision, clause, provision,
phrase or word of this Project Service Agreement or the application of this
Project Service Agreement to any person or circumstance is, to any extent, held
illegal, invalid, or unenforceable under present or future law or by a final
judgment of a court of competent jurisdiction, then the remainder of this Project
Service Agreement, or the application of the term or provision to persons or
circumstances other than those as to which it is held illegal, invalid, or
unenforceable, will not be affected by the law or judgment, for it is the definite
intent of the parties to this Project Service Agreement that every section,
paragraph, subdivision, clause, provision, phrase, or word of this Project Service
Agreement be given full force and effect for its purpose.
b. To the extent that any clause or provision is held illegal, invalid, or
unenforceable under present or future law effective during the term of this Project
Service Agreement, then the remainder of this Project Service Agreement is not
affected by the law, and in lieu of any illegal, invalid, or unenforceable clause or
provision, a clause or provision, as similar in terms to the illegal, invalid, or
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unenforceable clause or provision as may be possible and be legal, valid, and
enforceable, will be added to this Project Service Agreement automatically.
8. Captions. The captions in this Project Service Agreement are for convenience only
and are not a part of this Project Service Agreement. The captions do not in any way
limit or amplify the terms and provisions of this Project Service Agreement.
The City of Corpus Christi Corpus Christi Business &
Job Development Corporation
'Angel R. Escobar Eloy Salazar
Interim City Manager Chairperson
Date: Date:
Attest
Armando Chapa
City Secretary
Approved as to Legal Form: May , 2008.
R. Jay Reining
First Assistant City Attorney
for City Attorney
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CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, the Director of Finance of the City of Corpus Christi, Texas (or his/her duly authorized
representative), hereby certify to the City Council and other appropriate officer that the
money required for 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.
City Council Action Date: May 12, 2009
Agenda Item:
APPROVING A BUSINESS INCENTIVE AGREEMENT BETWEEN THE CORPUS
CHRISTI BUSINESS AND JOB DEVELOPMENT CORPORATION AND DEL MAR
COLLEGE FOR an intem program to support small businesses AND AUTHORIZING THE
CITY MANAGER, OR DESIGNEE, TO EXECUTE A PROJECT SUPPORT AGREEMENT
WITH THE CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT CORPORATION
REGARDING IMPLEMENTATION AND ADMINISTRATION OF THE DEL MAR COLLEGE
BUSINESS INCENTIVE AGREEMENT
Amount Required: $173.223
Fund Name
Fund No.
Org. No.
Account
No.
Project No.
Amount
C6B7bc
/1(0
/5bLo
5330000
.9/74a,2.3
Total
ear Ul t&4_ 42909-A040 W
Director of Financial Services
Date: 5- 7-a9