File #: 12-00409    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 6/6/2012 In control: City Council
On agenda: 6/26/2012 Final action: 7/10/2012
Title: Appropriation of funds and approval of Type A grant for expansion of boat manufacturing facility (Related Items 15 & 16) Ordinance appropriating $360,000 from the unreserved fund balance in the No. 1140 Business/Job Development Fund for a business incentive grant from the Corpus Christi Business and Job Development Corporation ("Type A Corporation") to Majek Boatworks, Inc. and Turner-Majek Real Estate, LLC ("Majek") for building improvements and new equipment for an expansion of their boat manufacturing facility in Corpus Christi and the creation and retention of jobs; Changing the FY 2011-2012 operating budget, adopted by Ordinance No. 029155, by increasing proposed expenditures by $360,000; and declaring an emergency.
Sponsors: Economic Development
Attachments: 1. Agenda memo - Majek Boatworks, 2. ORDINANCE Majek 5-31-12
Related files: 12-00410
Title
Appropriation of funds and approval of Type A grant for expansion of boat manufacturing facility (Related Items 15 & 16)
 
Ordinance appropriating $360,000 from the unreserved fund balance in the No. 1140 Business/Job Development Fund for a business incentive grant from the Corpus Christi Business and Job Development Corporation ("Type A Corporation") to Majek Boatworks, Inc. and Turner-Majek Real Estate, LLC ("Majek") for building improvements and new equipment for an expansion of their boat manufacturing facility in Corpus Christi and the creation and retention of jobs; Changing the FY 2011-2012 operating budget, adopted by Ordinance No. 029155, by increasing proposed expenditures by $360,000; and declaring an emergency.