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HomeMy WebLinkAboutMinutes Corpus Christi B Corporation (Type B) - 07/15/2019 Cityof Corpus Christi 1201 Leopard Street Corpus Christi,TX 78401 TT% ) cctexas.com fr Meeting Minutes test Corpus Christi B Corporation Monday,July 15,2019 3:30 PM Council Chambers • Persons with disabilities who plan to attend this meeting and who may need auxiliary aids or services are requested to contact the City Secretary's office(at 361-826-3105)at least 48 hours in advance so that appropriate arrangements can be made. The mission of the Business &Jobs Development(Type A) and B Corporations is to promote and enhance the City of Corpus Christi's economic base by supporting projects and programs that create primary jobs, improve small business and affordable housing opportunities, and improve infrastructure in our City. A. President Scott Harris to call the meeting to order. President Scott Harris called the meeting to order at 3:34 p.m. B. Call Roll and Excuse Absences Assistant City Secretary Paul Pierce called the roll and verified that a quorum of the Board was present to conduct the meeting. Mr.Guerra arrived at 3:47 and Mr.Hunter was absent. Present 7- President Scott Harris, Board Member Gabriel Guerra,Vice-President Randy Maldonado, Board Member Leah Pagan Olivarri, Board Member Robert Tamez, Board Member Lee Trujillo, and Board Member John Valls Absent 1 - Council Liaison Michael Hunter C. MINUTES 1. Approval of Minutes of the June 17, 2019 Regular Meeting President Harris referred to item 1.Mr.Valls made a motion to approve the minutes of the June 17,2019 meeting,seconded by Mr.Tamez,and passed unanimously.(Mr.Guerra was absent). D. FINANCIAL REPORT 2. Type B Financial Reports as of May 31, 2019 President Harris referred to Item 2.Alma Casas,Assistant Director of Financial Services,presented the financial reports as of May 31,2019.Board Members, Ms.Casas and Mr.Houlihan discussed the increased amounts in the sales tax report. City of Corpus Christi Page 1 Printed on 8/15/2019 SCANNED Corpus Christi B Corporation Meeting Minutes July 15,2019 E. PUBLIC COMMENT President Harris referred to Public Comment.There were no comments from the public. PLEASE BE ADVISED THAT THE OPEN MEETINGS ACT PROHIBITS THE CORPORATION FROM RESPONDING AND DISCUSSING YOUR COMMENTS AT LENGTH.THE LAW ONLY AUTHORIZES THEM TO DO THE FOLLOWING: 1. MAKE A STATEMENT OF FACTUAL INFORMATION. 2. RECITE AN EXISTING POLICY IN RESPONSE TO THE INQUIRY. 3.ADVISE THE CITIZEN THAT THIS SUBJECT WILL BE PLACED ON AND AGENDA AT A LATER DATE. F. CLOSED SESSION ITEMS: (None) G. AGENDA ITEMS: (3-3) 3. Motion approving the Proposed FY19-20 Corpus Christi B Corporation Operating Budget President Harris referred to Item 3.Director of Management&Budget Eddie Houlihan presented the FY19-20 Operation Budget. Board Members and Mr.Houlihan discussed the fund balance,sales tax and percentage increase. Board Member Valls made a motion to approve the FY19-20 Operating Budget, seconded by Mr.Tamez,and passed unanimously.(Mr.Guerra was absent). H. PUBLIC HEARING: (None) I. PRESENTATION ITEMS: (None) J. EXECUTIVE DIRECTOR COMMENTS: President Harris referred to the Executive Director Comments.Executive Director Constance Sanchez asked if Mr.Trujillo was seeking an excused absence for the June 17,2019 meeting.Mr.Trujillo declined. Ms.Sanchez thanked Mr.Guerra for his service to the Type B Board and President Harris presented Mr.Guerra with a certificate. K. IDENTIFY FUTURE AGENDA ITEMS City of Corpus Christi Page 2 Printed on 8/15/2019 Corpus Christi B Corporation Meeting Minutes July 15,2019 President Harris referred to the future agenda.Business Liaison Arlene Medrano identified the following future items: prepare a land banking presentation and possible workshop. Board Members,Assistant City Attorney Aimee Alcorn-Reed and Ms.Medrano discussed the following topics: prepare program guidelines for the application process;land bank approach;federal definition for affordable housing and scheduling an affordable housing workshop. L. ADJOURNMENT There being no further business,President Harris adjourned the meeting at 3:57 p.m. "Regardless of the agenda heading under which any item is listed,any word or phrase of any item listed on this agenda shall be considered a subject for consideration for purposes of the Texas Open Meetings Act and other relevant laws,and the Board of Directors may deliberate and vote upon any such subject and resolutions related thereto.Any descriptions of property or amounts stated in this agenda are descriptive and not restrictive,and property and amounts may be changed in the motions,actions or documents.In addition to other items listed in this agenda,policies and procedures of this corporation,legal analysis of any items,policies or procedures,and any items that are currently receiving funding from this corporation may be discussed and deliberated and these matters are added as subjects of discussion to this meeting. This agenda has been reviewed and approved by the attorney for the governing body,and the presence of any subject or description in the Executive Session portion of this agenda constitutes a written interpretation of Chapter 551 of the Texas Local Government Code by the attorney for this corporation indicating that said subject or description thereof maybe legally discussed in a closed meeting. City of Corpus Christi Page 3 Printed on 8/15/2019