File #: 12-00572    Version: Name:
Type: Ordinance Status: Passed
File created: 8/2/2012 In control: City Council
On agenda: 8/21/2012 Final action: 8/28/2012
Title: Second Reading Ordinance - Type A Grant to fund expansion of facilities for Craft Training Center (First Reading 8/21/12) Ordinance approving a Business Incentives Agreement between the Corpus Christi Business and Job Development Corporation (“Type A Corporation”) and Associated Builders & Contractors Merit Shop Training Program, Inc. dba Craft Training Center of the Coastal Bend (“Craft Training Center”) to provide grant amount up to $750,000 for expansion of Craft’s existing facility and authorizing the City Manager or designee to execute a Project Support Agreement with the Type A Board to administer the Craft Training Center Business Incentives Agreement and appropriating $750,000 from the unreserved fund balance in the No. 1140 Business/Job Development Fund for a business incentive grant from the Type A Corporation to Craft Training Center for expansion of its facility; Changing the FY 2012-2013 operating budget, adopted by Ordinance No. 029565, by increasing proposed expenditure...
Sponsors: Economic Development
Attachments: 1. Agenda memo - Craft Training Center, 2. ORDINANCE Craftr 8-8-12, 3. Craft Training Center Type A Agreement Amendment
Title
Second Reading Ordinance - Type A Grant to fund expansion of facilities for Craft Training Center (First Reading 8/21/12)
 
Ordinance approving a Business Incentives Agreement between the Corpus Christi Business and Job Development Corporation ("Type A Corporation") and Associated Builders & Contractors Merit Shop Training Program, Inc. dba Craft Training Center of the Coastal Bend ("Craft Training Center") to provide grant amount up to $750,000 for expansion of Craft's existing facility and authorizing the City Manager or designee to execute a Project Support Agreement with the Type A Board to administer the Craft Training Center Business Incentives Agreement and appropriating $750,000 from the unreserved fund balance in the No. 1140 Business/Job Development Fund for a business incentive grant from the Type A Corporation to Craft Training Center for expansion of its facility; Changing the FY 2012-2013 operating budget, adopted by Ordinance No. 029565, by increasing proposed expenditures by $750,000.