File #: 13-000476    Version: Name:
Type: Ordinance Status: Passed
File created: 5/16/2013 In control: City Council
On agenda: 6/11/2013 Final action: 6/25/2013
Title: Second Reading Ordinance - Type A Grant for Sam Kane Beef Processors, LLC (1st Reading 6/11/13) Ordinance approving a Business Incentive Agreement between the Corpus Christi Business and Job Development Corporation ("Type A Corporation") and Sam Kane Beef Processors, LLC ("Sam Kane") to provide a grant of up to $3,000,000 for the retention of jobs at their beef packing plant in the City of Corpus Christi extra territorial jurisdiction, amending the budget to allow for this funding of up to $3,000,000 from the Unreserved Fund balance in the No. 1140 Business/Job Development Fund and appropriating up to $3,000,000 to the Unreserved Fund Balance in the No. 1140 Business/Job Development Fund.
Sponsors: Economic Development
Attachments: 1. Agenda Memo - Sam Kane Beef, 2. Ordinance - Sam Kane Beef Grant, 3. Type A Business Incentive Agreement - Sam Kane 5-30-13 FINAL, 4. Type A Business Service Agreement - Sam Kane, 5. Ordinance as amended -- Sam Kane Beef Grant6-10
Title
Second Reading Ordinance - Type A Grant for Sam Kane Beef Processors, LLC (1st Reading 6/11/13)
Ordinance approving a Business Incentive Agreement between the Corpus Christi Business and Job Development Corporation ("Type A Corporation") and Sam Kane Beef Processors, LLC ("Sam Kane") to provide a grant of up to $3,000,000 for the retention of jobs at their beef packing plant in the City of Corpus Christi extra territorial jurisdiction, amending the budget to allow for this funding of up to $3,000,000 from the Unreserved Fund balance in the No. 1140 Business/Job Development Fund and appropriating up to $3,000,000 to the Unreserved Fund Balance in the No. 1140 Business/Job Development Fund.