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AI- 4819   3. F.    
Commissioners Court - Regular
Meeting Date: 11/06/2013  
Amendment No. 3 to DTA Agreement -AN Corpus Christi Chevrolet LP
Submitted For: Tax Assessor-Collector
Submitted By: Vicki Keach, Commissioners Court Admin
Department: Commissioners Court Admin  

Information
RECOMMENDATION
Ratify/Approve execution of a Motor Vehicle License Point of Sale Sticker Lease Agreement Amendment No. 2, document No. 20130107 with AN Corpus Christi Chevrolet LP dba Chevrolet Cadillac South Corpus Christi, and dba AutoNation Buick GMC Corpus Christi, related to the issuance of title application/motor vehicle sales tax receipts, point of sale stickers, and license plates.
BACKGROUND
Approval of this amendment will authorize AN Corpus Christi Chevrolet LP dba Chevrolet Cadillac South Corpus Christi, and dba AutoNation Buick GMC Corpus Christi to issue title applications/motor vehicle sales receipts, point of sales stickers, and license plates at its sales office location. This amendment will increase the bond amount to $382,000; for its dealership doing business as AutoNation Chevrolet Cadillac South Corpus Christi and $80,000 for its dealership doing business as AutoNation Buick GMC Corpus Christi any combination of total supply value shall not exceed the bond amount posted as per paragraph 8.
DISCUSSION
Other automobile retailers in the area have similar agreements in place.

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers

Attachments
AN Corpus Christi Chevrolet

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