Loading...
HomeMy WebLinkAboutMinutes Corpus Christi B Corporation (Type B) - 06/18/2018 �� City of Corpus Christi 1201 Leopard StreetCorpus Christi,Tx 78401 cctexas.com `r7 ! Meeting Minutes *so� / Corpus Christi B Corporation Monday,June 18,2018 4:30 PM Council Chambers A. President Bart Braselton to call the meeting to order. Vice President Randy Maldonado called the meeting to order at 4:34 p.m. B. Call Roll and Excuse Absences Assistant Secretary Rebecca L.Huerta called the roll and verified that a quorum of the Board was present to conduct the meeting. 'Board Members Braselton and Guerra arrived at 4:36 p.m. Present 7- President Bart Braselton,Vice-President Randy Maldonado, Secretary Scott Harris, Board Member Lee Trujillo,Board Member Gabriel Guerra, Board Member Leah Pagan Olivarri,and Board Member John Valls Absent 1 - Council Liaison Michael Hunter C. MINUTES 1. Approval of Minutes of the May 21, 2018 Regular Meeting Vice-President Maldonado referred to approval of the minutes.Assistant Secretary,Rebecca Huerta stated for the record that City Council Liaison Michael Hunter was not present and this correction was needed to the minutes. Board Member Harris made a motion to approve the minutes as corrected, seconded by Board Member Guerra and passed unanimously(Board Members Brasleton and Guerra-absent). D. FINANCIAL REPORT(Nonel Constance Sanchez,Executive Director,stated there is no formal financial report this month.She updated the board on the sales tax revenue,stating the City received 3%more than what was budgeted in April. E. CLOSED SESSION ITEMS: Monet F. AGENDA ITEMS: 2. FY19 Type B Budget Motion to approve FY19 Type B Budget cootCorpus Christi Page 1 Printed on 7n7Q018 INDEXED Corpus Christi B Corporation Meeting Minutes June 18,2018 Vice-President Maldonado referred to Item 2.Eddie Houlihan,Office of Management and Budget presented the item.The Board and Mr.Houlihan discussed the following:current year and future year discrepancies; clarification of the administration fees and administration service fee;sales tax revenue;adding the Corpus Christi Regional Economic Development Corporation(EDC)fee once the agreement is finalized between the board and the EDC;any changes needed or made to the budget will be brought back to the board before it goes to the Council. A motion was made by Board Member Valls,seconded by Board Member Olivarri,and passed unanimously. 3. De-Obligation of Funds for Holiday Festival Motion to de-obligate funds in the amount of$500,000 from the Corpus Christi Convention and Visitors' Bureau holiday festival. President Braselton referred to Item 3.Paulette Kluge,Corpus Christi Convention and Visitors Bureau Chief Executive Officer,presented the request to de-obligate funds for the holiday festival.There were no questions from the Board. A motion was made by Board Member Valls,seconded by Board Member Harris,and passed unanimously. C. PUBLIC HEARING: 4. Public Hearing and Motion relating to Agreement for Contribution of Street Funds Motion approving an agreement between the Corporation and the City of Corpus Christi for contribution of all arterial and collector street funds with an initial term from April 1, 2018 to September 30, 2019 and automatic renewal for consecutive one-year terms. President Braselton referred to Item 4.Keith Selman,Interim City Manager and Valerie Gray,Executive Director of Public Works,presented the item. President Braselton opened the public hearing at 4:48 p.m.There were no comments from the public.President Braselton closed the public hearing at 4:47 p.m. The Board and Ms.Gray discussed the following topics:use of Type B funds to pay debts;requirements for public hearings to use Type B Funds; laws regarding what Type B funds can be used for;these funds were approved via the bond at a prior election and can be used for street improvements; clarification on the items in presentation not including this in the budget going forward;streets will be listed on the ballot for voters;important for the public to see that this money is tied to something specific with results;potentially adding increased rates to fund the bonds and questions the public may raise because of this; how the funds will be transferred to the city. City of Corpus Chase Page 2 Printed on 7/17/2018 Corpus Christi B Corporation Meeting Minutes June 18,2018 A motion was made by Board Member Valls,seconded by Board Member Harris and passed unanimously. H. PRESENTATION ITEMS: (None( EXECUTIVE DIRECTOR COMMENTS: a. Meeting Time& Date President Braselton referred to the Executive Directors comments.Constance Sanchez,Executive Director presented the options with regard to the meeting time,seperating the meeting from Type A to a separate day and how the board would like to proceed.The Board and Ms.Sanchez discussed the following: seperate members on each board; holding the meetings on the same day for both Type A and B;seperate days for the meetings for Type A and B;waiting to set a schedule until the new board is appointed by the Council;the meeting time and length of meetings historically;wait until the new members are appointed to the board to make a final decision on the time and day for the meetings;time constraints for both the City staff and the Board Members having the meetings on seperate days;expanding the Type A board to match the number on the Type B board. A motion was made by Board Member Valls to set the meeting time for 3:00 p.m.,seconded by Board Member Trujillo and passed unanimously(Board Member Guerra-absent). Constance Sanchez,Executive Director discussed the three purposes of the Type B and the Memorandum of Understanding(MOU)for each of those items to be brought to the board.Affordable Housing will not have the MOU for the next few months but the board will see one brought forth in the July meeting for the Corpus Christi Regional Economic Development Corporation.There were no questions from the Board. 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.The following items were identified for the future agenda:memorandum of understanding with the Corpus Christi Regional Economic Development Corporation;no votes recorded to address via roll call vote;printing the agendas if a final training session on the electronic agenda is not successful. L. ADJOURNMENT The meeting was adjourned at 5:23 p.m. Cay of Corpus Christi Paye 3 Printed an 7117!1018