PROJECT FUNDING AGREEMENT BETWEEN THE CITY OF KERRVILLE, TEXAS, ECONOMIC IMPROVEMENT CORPORATION; THE CITY OF KERRVILLE, TEXAS; AND KERRVILLE CHRISTMAS LIGHTING CORPORATION; FOR THE INSTALLATION OF ELECTRICAL INFRASTRUCTURE TO SERVE TRANQUILITY ISLAND...Project Funding Agreement • March 12th, 2021 • Texas
Contract Type FiledMarch 12th, 2021 JurisdictionTHIS PROJECT FUNDING AGREEMENT (the “Agreement”) is entered into this day of , 2021, by and between the City of Kerrville, Texas Economic Improvement Corporation (“EIC”), a Texas non-profit corporation established by City pursuant to Section 4B of Tex. Rev. Civ. Stat. Art. 5190.6 and now codified in Chapters 501, 502, and 505 of the Texas Local Government Code; otherwise known as the Development Corporation Act of 1979 (“the Act”); the City of Kerrville, Texas (“City”), a Texas home-rule municipality; and Kerrville Christmas Lighting Corporation (“KCLC”), a Texas nonprofit corporation. EIC, City, and KCLC may be collectively referred to herein as “Parties” and individually as “Party”.