DEPARTMENT: Economic Development
DEPARTMENT HEAD: Alejandra Lopez
COUNCIL DISTRICTS IMPACTED: City-wide
SUBJECT:
An Ordinance approving the renewal of an Interlocal Agreement between the City of San Antonio and the Alamo Colleges District.
SUMMARY:
An Ordinance approving the renewal of an Interlocal Agreement (ILA) between the City of San Antonio and the Alamo Colleges District (ACD) for a two-year term, effective September 1, 2019 through August 31, 2021, which facilitates administration of "CPS Energy proceeds" (the City's 14% share of CPS Energy revenue collected from ACCD's monthly natural gas and electrical billings) encumbered under a settlement agreement to City of San Antonio vs. Alamo Community College District (ACCD). The ILA funding consists of an estimated $1,087,710 for ACD's 2020 fiscal year based on estimated future CPS Energy revenues and existing carryover funds to support the following: (1) the Alamo Academies; (2) City employee training programs administered by the Human Resources Department; (3) the Economic Development Department Mentor-Prot?g? Program; and (4) the Department of Human Services Training for Job Success Program.
In addition, the request in the amount of $154,218 from the ACD for the initial year of Alamo Promise will be funded as a part of the first year ILA budget through a grant in the amount of $154,218 from the Economic Development Incentive Fund (EDIF). The combined budget for the ILA is $1,241,928.
EDD also recommends approval of administrative authority to adjust the budget and programs funded through the ILA for ACD's 2021 fiscal year in consultation with the Economic and Workforce Development Committee (EWDC).
BACKGROUND INFORMATION:
In March 2001, City Council authorized the 15-year Settlement Agreement pursuant to City of San Antonio vs. Alamo Community College District, which was renewed in April 2016 for an additional 15 years. The settlement agreement utilizes funds deposited in escrow from the ...
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