HomeMy WebLinkAboutMinutes Corpus Christi B Corporation (Type B) - 05/21/2018 iv d IN, City of Corpus Christi 1201 Leopard Street
Corpus Christi,TX 78001
t~ -{ cctexas.com
666 Meeting Minutes
Corpus Christi B Corporation
Monday,May 21,2018 3:30 PM
Council Chambers
A. President Bart Braselton to call the meeting to order.
President Bart Braselton called the meeting to order at 3:38 p.m.
B. Call Roll and Excuse Absences
Assistant Secretary Rebecca L.Muerte called the roll and verified that a
quorum of the Board was present to conduct the meeting.
Board Member Guerra made a motion to excuse the absences of Board
Members Maldonado,Trujillo and Valls from the previous meeting,seconded
by Board Member Harris,and passed unanimously(Board Member Maldonado
-absent).
'Board Member Maldonado arrived at 4:27 p.m.
Present 7- President Bart Braselton,Vice-President Randy Maldonado,Board Member
Lee Trujillo, Board Member Gabriel Guerra, Secretary Scott Harris,Board
Member Leah Pagan Olivarri,and Board Member John Valls
Absent 1 - Council Liaison Michael Hunter
C. MINUTES
1• Approval of Minutes of the April 16, 2018 Regular Meeting
President Brasefon referred to approval of the minutes.Board Member Harris
made a motion to approve the minutes,seconded by Board Member Guerra
and passed unanimously(Board Member Valls-abstained; Board Member
Maldonado-absent).
D. FINANCIAL REPORT
E. CLOSED SESSION ITEMS:
F. AGENDA ITEMS:
2. Type B Board Rules of Procedure
Motion approving the Corpus Christi B Corporation Rules of Procedure.
President Brasekon referred to Item 2.Assistant City Attorney,Aimee
Alcorn-Reed presented the Type B Rules of Procedure.The Board and Ms.
City of Corpus Christi Page 1 Printed on 6/19/2018
INDEXED
Corpus Christi B Corporation Meeting Minutes May 21,2018
Alcorn-Reed discussed the requirements for the time and date.
A motion was made by Board Member Valls,seconded by Board Member Leah
Olivarri,passed unanimously(Board Member Maldonado-absent).
G. PUBLIC HEARING:
3. Public Hearing Regarding Downtown Holiday Festival
Public hearing related to a proposed project funding improvements and
equipment necessary for a holiday festival to be held in downtown Corpus
Christi in the month of December with discussion and possible action by
the Board.
President Braselton referred to Item 3.Chief Executive Officer of the Corpus
Christi Convention and Visitors Bureau(CVB)Paulette Kluge presented the
Downtown Holiday Festival.Board Members and Ms.Kluge discussed the
following:the use of Hotel Occupancy Tax(HOT)funds to replenish Type B
funds;HOT funds can only be used to advertise this event;no admission fees;
corporate sponsors;hoteliers will take over financial support of the event going
forward;whether the CVB solicited input from other cities In Texas that have
holiday events;if the Corpus Christi Regional Economic Development
Corporation was consulted;guidelines for how Type B funds are spent; if the
lighted tree was bid or comparison priced;the return on investment and how it
will benefit the City;need for commitments In writing,Including the advertising
that will be provided by the CVB;and alternatives to incentive agreements
requested by the CVB.
Board Member Trujillo made a motion authorizing an incentive agreement
with the Corpus Christi Convention and Visitors'Bureau(the"CVB"),in an
amount not to exceed$500,000 as a dollar-for-dollar match of funds committed
to the CVB,through written commitments,to fund improvements and
equipment necessary for a holiday festival to be held in downtown Corpus
Christi,contingent upon a CVB commitment of$50,000 in advertising in major
Texas markets for five years through HOT funds,seconded by Board Member
Harris.The motion passed 5-1 (Board Member Maldonado-abstained).
In response to a board member's question,Ms.Alcorn-Reed stated that the
board's action today authorized the funding for the project,and the agreement
would come back to the board next month for approval.
President Brasleton recessed the meeting at 4:34 p.m.
MEETING RECONVENED
President Braselton reconvened the meeting at 4:36 p.m.
H. PRESENTATION ITEMS:
4. FY19 Proposed Type B Corporation Budget
President Braselton referred to Item 4.Eddie Houlihan,Director of
Management and Budget,presented the FY19 Type B Corporation Budget.
Board Members and Mr.Houlihan discussed the following:tax revenue coming
City of Corpus Christi Page 2 Punted on 6/19/2018
Corpus Christi B Corporation Meeting Minutes May 21,2018
Into Type B and the beginning balance;adding the expenditure In Item 3
above to the budget.
I. EXECUTIVE DIRECTOR COMMENTS:
President Braselton referred to Executive Director comments.Executive
Director,Constance Sanchez,had no comments.
J. PUBLIC COMMENT
President Braselton referred to Public Comment.There were no comments
from the public.
K. IDENTIFY FUTURE AGENDA ITEMS
President Braselton referred to Identify Future Agenda Items.Executive
Director Constance Sanchez introduced the following future agenda items:
Fiscal Year 2019 Budget for Approval;Agreement for the Downtown Holiday
Festival;Promotion of Type B activities to be included in future contracts; in
response to Board Members questions Mike Culbertson stated that guidelines
for Type B would be brought to the board in June or July;Assistant City
Attorney Aimee Alcorn.Reed added that a memorandum of understanding with
the Corpus Christi Regional Economic Development Corporation and the Type
B Board would also be brought to the board In June or July.
L. ADJOURNMENT
The meeting was adjourned at 4:49 p.m.
city of Corpus Christi Page 3 Printed on 6/19/1018