File #: 20-0168    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 1/20/2020 In control: City Council
On agenda: 2/18/2020 Final action: 2/25/2020
Title: Ordinance approving a five-year Business Incentive Agreement between the Type B Corporation and LiftFund Inc. in the amount of $100,000 for the Dream Makers Fund, a revolving loan fund for small businesses within the city limits of Corpus Christi, effective upon signature of the City Manager or designee; appropriating funds in the amount of $100,000 from the Type B Economic Development Fund; and amending the budget.
Sponsors: City Manager's Office
Attachments: 1. Agenda Memo - LiftFund.pdf, 2. Ordinance - LiftFund.pdf, 3. LiftFund Agreement.pdf

Title

Ordinance approving a five-year Business Incentive Agreement between the Type B Corporation and LiftFund Inc. in the amount of $100,000 for the Dream Makers Fund, a revolving loan fund for small businesses within the city limits of Corpus Christi, effective upon signature of the City Manager or designee; appropriating funds in the amount of $100,000 from the Type B Economic Development Fund; and amending the budget.