Laserfiche WebLink
<br /> 72 <br /> AMENDMENT NO.4 TO <br /> TEXAS COMMUNITY DEVELOPMENT PROGRAM <br /> CONTRACT NO. 703162 <br /> TEXAS DEPARTMENT OF ECONOMIC DEVELOPMENT <br /> AND THE CITY OF SAN MARCOS <br /> STATE OF TEXAS <br /> COUNTY OF TRA VIS <br /> Section 1. <br /> The Texas Department of Economic Development, an agency of the State of Texas, <br /> hereinafter referred to as "Department" (formerly known as the Texas Department of <br /> Commerce), and the City of San Marcos, hereinafter referred to as "Contractor", agree to <br /> this fourth amendment to the Texas Capital Fund contract between the Texas Department <br /> of Housing and Community Affairs and Contractor, originally effective January 22, 1994- <br /> and as subsequently amended effective September 30, 1995, July 1, 1995, and January <br /> 21, 1997. This fourth amendment is effective as of the date set forth in Section 8. <br /> Section 2. <br /> Subsections 22.E, 22.F, 22.R, 22.S, 22.U, 22.V, 22.W, 22.X, 22.Y, and 22.Z. are deleted <br /> in their entirety. <br /> Section 3. <br /> Subsections 22.AF., 22.AG., and 22.AH. are added and read as follows: <br /> AF. Contractor shall acquire, by purchase or donation, machinery and <br /> equipment valued at twenty-six thousand six hundred and no/l00 dollars <br /> ($26,600.00). This acquisition shall be in addition to the purchases made <br /> from Contractor's program income in accordance with subsection 22.T. <br /> AG. Contractor shall inject working capital in the amount of seventy- <br /> seven thousand eight hundred eighty-nine and no/lOO dollars <br /> ($77,889.00). This injection of capital shall be in addition to the injection <br /> from Contractor's program income made in accordance with subsection <br /> 22.T. <br /> AH. Contractor shall provide documentation of in-kind services valued <br /> at one hundred thirty-five thousand five hundred eighty-two and no/l00 <br /> dollars ($135,582.00), to be provided to the small business incubator <br />