Res 2003-032 - Laserfiche WebLink

Home Browse Search

FULL TIME JOBS JOB TITLE NUMBER MIN. ANNUAL PAY RATE Fountain Assembly Technicians 2 $17,160.00 Water Odyssey Assembly Technicians 2 $17,160.00 Quafity Control Assistant 1 $16,640.00 Customer Service Assistant 1 $16,640.00 Draftsman 1 $19,240.00 Lighting Technician 1 $17,160.00 Welding Technician 1 $20,800.00 Facility Maintenance Technician 1 $19,760.00 Machinist 1 $22,880.00 Human Resources Administrator 1 $20,000.00 B. Hiring Plan. The Company agrees to place recruitment advertisements in local newspapers. In such ads the Company will state that it is an equal opportunity employer. The Company may vary the training of personnel according to the job to be petformed. The Company shall have all employment positions required by this section filled as stated in this section no later than February 9, 2006. C. Revolving Loan Fund Proceeds. The City shall expend a total of $250,000 of contract funds, as stated in this Section. The Company shall provide to the City, upon request, evidence that project funds, both private and public, were expended as specified in the attached Exhibit A ("Performance Statement"). The Company shall inject a total of $250,600.00 to be utilized in conjunction with the Project. 1. Construction of Real Estate Improvements. The City shall expend a total of $250,000 toward the construction of real estate improvements. The Company shall inject a total of $25,600 for construction of real estate improvements. 2. Real Estate Equity. The Company has provided evidence of equity in real property currently owned by the Company, with an equity total of $225,000. D. Repayment of Revolving Loan Funds. In the event the Company does not fulfill its responsibilities under this agreement, or does not start up operation of a facility located at the project described in Section J of this agreement, the Company hereby agrees to be liable and shall repay to the City any and aff funds expended by the the City and determined to be ineligible expenditures by either the City of San Marcos, the Office of Rural Community Affairs or by the U.S. Department of Housing and Urban Development, but not to exceed the city's maximum obligations under this contract. E. Transfer of Assets. Assets are restricted from being transferred out of the Company without prior written consent, which consent shall not be unreasonably withheld by the City, except during the normal course of business conducted by Cal Tex Partners, L TO, during the term of this Lease or during the time the RLF Contract is open between Community and the Company, whichever is shorter. F. Ownership. The principal owners of the Company are hereby restricted from reducing their proportionate ownership in the Company without prior approval, which approval shaff not be unreasonably withheld, from the City during the contract period specified in the agreement between the City and the Company. The City will act upon a request for approval from the Company within fourteen (14) days of request. Requests shall be sent by certified mail, return receipt requested and the time will accrue with the receipt of the request by the City as shown on the return receipt. G. Business Operation. The Company or The Fountain People, Inc., will not close the Cal Tex Partners, L TO/The Fountain People, Inc. facility or reduce Its current employee level below the level of the 2 Initial as to approval: Company _ City_