File #: 25-0193    Version: 1 Name:
Type: Ordinance Status: To Be Introduced
File created: 2/7/2025 In control: City Council
On agenda: 2/11/2025 Final action: 2/11/2025
Title: Ordinance approving an agreement between the City of Corpus Christi and the Corpus Christi B Corporation - Type B in the amount of $2,380,000.00 for funding of arterial and collector streets within the City; approving a 380 Agreement in the amount of $2,380,000.00 with LiftFund Inc to grant a total of $2,000,000.00 to small businesses for revenue losses up to $50,000.00 due to stage 3 water restrictions; and amending the FY 2025 Operating Budget to transfer $2,380,000.00 from Street Fund to General Fund and appropriating for said 380 Agreement
Sponsors: Economic Development
Attachments: 1. City Council Agenda Memo- Small Business Drought Program, 2. Ordinace - LiftFund Agreement 2.7.pdf, 3. Corpus Christi Drought Relief Program Agreement, 4. Presentation

title

Ordinance approving an agreement between the City of Corpus Christi and the Corpus Christi B Corporation - Type B in the amount of $2,380,000.00 for funding of arterial and collector streets within the City; approving a 380 Agreement in the amount of $2,380,000.00 with LiftFund Inc to grant a total of $2,000,000.00 to small businesses for revenue losses up to $50,000.00 due to stage 3 water restrictions; and amending the FY 2025 Operating Budget to transfer $2,380,000.00 from Street Fund to General Fund and appropriating for said 380 Agreement