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HomeMy WebLinkAboutC2024-069 - 4/23/2024 - NA AMENDMENT NO. 2 TO THE BUSINESS INCENTIVE AGREEMENT BETWEEN THE CORPUS CHRISTI B CORPORATION AND THE BOTANICAL AND NATURE INSTITUTE OF SOUTH TEXAS, INC. The CORPUS CHRISTI B CORPORATION, hereinafter referred to as the Corporation, and THE BOTANICAL AND NATURE INSTITUTE OF SOUTH TEXAS, INC.,hereinafter referred to as the Company, do hereby make and enter into this amendment (the "Amendment") which, together with the Business Incentive Agreement with an effective date of August 21, 2020 (the"Agreement") and all other duly executed amendments, constitutes the entire agreement between the Corporation and the Company. Section 3. Performance Requirements, paragraph d is hereby deleted in its entirety and replaced with the following language: "d. Company will complete construction of the Project on or before December 31,2024." The Corporation and the City agree to and shall abide by all the terms and conditions of the original Agreement and any amendments to that Agreement, to the extent they are not in conflict with the terms of this Agreement. ' (�rL/-11—( APPROVED AS TO LEGAL FORM: Leah Olivarri Date President Corpus Christi Business and Job Development Corporation Jacqueline Bazan,Assistant City Attorney SCANNED