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<br /> 22 <br /> RESOLUTION 1997- 81 R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS, APPROVING CONTRACT AMENDMENT NO.3 TO <br /> CONTRACT NO. 703162 BETWEEN THE CITY AND THE TEXAS <br /> DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS FOR A GRANT <br /> TO ESTABLISH A SMALL BUSINESS INCUBATOR IN SAN MARCOS; <br /> AUTHORIZING THE MAYOR TO EXECUTE THE AMENDMENT ON <br /> r- BEHALF OF THE CITY; AND DECLARING AN EFFECTIVE DATE. <br /> RECITALS: <br /> 1. On February 27, 1995 the City approved contract No. 703162 with the <br /> Texas Department of Housing and Community Affairs ("TDHCA") for a grant to establish <br /> a small business incubator (Corridor Business Incubator) in San Marcos. <br /> 2. Additional time is necessary in order to complete the project. <br /> 3. Both parties wish to amend the agreement to increase the amount of time <br /> for completion of the project. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY 9F SAN MARCOS, <br /> TEXAS: <br /> PART 1. The attached Amendment No.3 to the grant agreement between the <br /> City and TDHCA is approved. <br /> PART 2. Mayor Billy G. Moore is authorized to execute the Amendment on <br /> behalf of the City. <br /> PART 3. This Resolution shall be in full force and effect immediately from and <br /> after its passage. <br /> - <br /> ADOPTED this the 9th day of June 1997. <br /> ~~î. ~ <br /> Mayor <br /> Attest: <br /> i~;j!~ <br /> City Secretary <br />I <br />I <br />, <br />