File #: 14-00236    Version: Name:
Type: Ordinance Status: Passed
File created: 2/24/2014 In control: City Council
On agenda: 3/25/2014 Final action: 4/8/2014
Title: Second Reading Ordinance - Type A Agreement for Hausman Foods, LLC (1st Reading 3/25/14) Ordinance Approving a Business Incentive Agreement between the Corpus Christi Business and Job Development Corporation ("Type A Corporation") and Hausman Foods, LLC ("Hausman") to provide a grant of up to $205,920, for the creation of jobs and authorizing the City Manager, or designee, to execute a Business Incentive Project Service Agreement with the Type A Corporation regarding implementation and administration of the Hausman Business Incentive Agreement for the creation of jobs; and appropriating $205,920 from the unreserved fund balance in the No. 1140 Business/Job Development Fund for said business incentive grant from the Type A Corporation to Hausman; and changing the FY 2013-2014 operating budget, adopted by Ordinance No. 029915, by increasing proposed expenditures by $205,920.
Sponsors: Economic Development
Attachments: 1. Agenda Memo - Hausman, 2. Ordinance - Hausman, 3. Business Incentive Agreement - Hausman, 4. Project Service Agreement -Hausman 01-22-14
Title
Second Reading Ordinance - Type A Agreement for Hausman Foods, LLC (1st Reading 3/25/14)
 
Ordinance Approving a Business Incentive Agreement between the Corpus Christi Business and Job Development Corporation ("Type A Corporation") and Hausman Foods, LLC ("Hausman") to provide a grant of up to $205,920, for the creation of jobs and authorizing the City Manager, or designee, to execute a Business Incentive Project Service Agreement with the Type A Corporation regarding implementation and administration of the Hausman Business Incentive Agreement for the creation of jobs; and appropriating $205,920 from the unreserved fund balance in the No. 1140 Business/Job Development Fund for said business incentive grant from the Type A Corporation to Hausman; and changing the FY 2013-2014 operating budget, adopted by Ordinance No. 029915, by increasing proposed expenditures by $205,920.