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Home My WebLink AboutMinutes Corpus Christi Business And Job Development Corporation (Type A) - 08/15/2011MINUTES CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT CORPORATION (TYPE A) REGULAR MEETING CITY HALL — COUNCIL CHAMBERS AUGUST 15, 2011 — 3:00 P.M. PRESENT: Members Eloy Salazar, President Adolfo (Butch) Escobedo Robert Tamez R. Bryan Gulley ABSENT Foster Edwards Staff Margie Rose, Assistant City Manager Jay Reining, Assistant City Attorney Armando Chapa, Secretary Constance Sanchez, Finance A. Called meeting to order — President Salazar called the meeting to order at 3:03 p.m. B. Roll Call - President Salazar verified that the necessary quorum of the Board were present to conduct the meeting. 1 Approval of M_ inutes - Mr. Tamez made a motion to approve the Regular minutes of July 18, 2011, seconded by Mr. Escobedo and passed (Edwards absent). 2. Financial Report — Interim Director of Financial Services Constance Sanchez presented the sales tax report updated through July 2011; the cash flow statements; and the commitment reports for the economic development fund. The following topics pertaining to this item were discussed: the major business incentive balance including APAC and Charlie's Place. A motion was made by Mr. Escobedo to approve the financial report, seconded by Mr. Tamez and passed. 3. Motion accepting the compliance report on the $1,000,000 grant to Texas A & M University — Corpus Christi for the Mechanical En -gineering Program — Mike Culbertson, Corpus Christi Regional Economic Development Corporation (EDC), stated that the Texas A & M University — Corpus Christi Mechanical Engineering Program was in full compliance. Mr. Tamez made a motion to accept the compliance report, seconded by Dr. Gulley and passed (Edwards and Escobedo absent). 4. Motion withdrawing the authorization of a. $1J7.5000 -grant to APAC Customer Services, Inc., approved by the Board on October 18, 2010, and amending the Corporation's 2011 -2012 Maior Business Incentives Budget by transferring $1,375,000 previously budgeted for the grant to the Corporation's unreserved fund balance in the Business and Job Development Fund. — Emily Martinez, EDC, stated that APAC has decided not to move to a new location on South Padre Island Drive and plans to remain at the current location. Ms. Martinez added that this APAC agreement was never executed. INDEXED Type A Meeting August 15, 2011 — Page 2 Mr. Tamez made a motion to withdraw the authorization of a $1,376,000 grant to APAC Customer Services, Inc., seconded by Dr. Gulley and passed (Edwards absent) 5. Motion withdrawing the authorization of a $336,000 grant to the Coastal Bend Alcohol and Drug Rehabilitation Center. Inc. [Charlie's Place], approved by the Board on November 29, 2010, and amending the Corporation's 20112012 Major Business Incentives Budget by transferring $336,000 previously budgeted for the grant to the Corporation's unreserved fund balance in the Business and Job Development Fund. — Assistant City Attorney Jay Reining stated that staff has not received a formal fetter from Charlie's Place to withdraw this request. Mr. Escobedo made a motion to withdraw the authorization of a $336,000 grant to Coastal Bend Alcohol and Drug Rehabilitation Center, Inc. (Charlie's Place), seconded by Mr. Tamez and passed (Edwards absent). 6. Discussion, with possible action, on allocating $352,000 in Type A funds for the "2011 Affordable Housing_ Request for Proposals" received regarding affordable housing projects — Director of Neighborhood Services Eddie Ortega provided a brief overview of the 2011 Affordable Housing Request for Proposals (RFP); a summary of each proposal received; and the recommendations. Ronnie Voss, Live Oak Construction, provided an explanation of their project and amount requested. The following topics pertaining to this item were discussed: clarification of the amount requested by Live Oak Construction; an explanation of staff's recommendation for Item 3- Nueces County Community Action Agency and staff not recommending Item 5 -Live Oak Construction; Item 3- Nueces County Community Action Agency providing mortgage financing; the utilization of funds in the New Construction Program; whether staff has informed the Builders Association of the forgivable grant program provided for affordable housing; the marketing program recommended for Item 2 -City of Corpus Christi Neighborhood Services Department; and the request for Item 4- Nueces County Community Action Agency (Infrastructure). a. Motion appropriating $20,000 from the unreserved fund balance in the Corporation's Business and Job Development Fund that resulted from unspent prior years affordable housing allocations, for a grant to reimburse the City of Corpus Christi Neighborhood Services Department for staff salaries related to the administration of the Corporation's Affordable Housing Program, including grants Affordable Housing Project Agreement and Affordable Housing Project Service Agreement with the City of Corpus Christi related to the „staff salary reimbursement grant — Mr. Tamez made a motion to approve Item 6.a. as presented, seconded by Mr. Escobedo and passed (Edwards absent). Type A Meeting August 15, 2011 — Page 3 b. Motion appropriating $30,000 from the unreserved fund balance in the Corporation's Business and Job Development Fund that resulted from uns ent prior years affordable housing allocations, for a -grant to the City of Corpus Christi Nei hborhood Services Department for a marketing ro ram to advertise the Corporation's New Construction Homebuyer Assistance and Existing Homebuyer Assistance Programs, and authorizing the President to execute_ an Housing Project Agreement and Affordable Housing Project Service Agreement with the City of Corl2us Christi related to the marketing prog grant. — Mr. Escobedo made a motion to approve Item 6.b. as presented, seconded by Mr. Tamez and passed (Edwards absent). Motion am3reffmaUnq $300,000—from the unreseFved fund balange in the I+�...��..�L:...�.7.. Q.....:.. --- wwA Iwo. U.. n.. .. .ai r.a....14.a.d iw r.va ..ft —m-mo the CRY Of COFOUS ChF neighborhood SeWioes Department, and aUth0FiAnq the DFGQFam want. — Dr. Gulley made a motion to table Item 6.c., seconded by Mr. Escobedo and passed (Edwards absent). President Salazar requested that staff bring back additional information on the proposal for Item 4- Nueces County Community Action Agency and Item 5 -Live Oak Construction, 7. Motion accepting the final report on American Bank Center Arena Capital Improvements funding by $500,000 provided by the Corporation through its 2009- 2010 budget process. — Assistant City Manager Margie Rose provided the final report of the capital improvement items at the arena. The following topics pertaining to this item were discussed: the remaining balance and the use of the funds; and other capital improvements needed at the arena. Mr. Tamez made a motion to accept the final report on the American Bank Center Arena Capital Improvements, seconded by Mr. Escobedo and passed (Edwards absent). Mr. Tamez requested that staff present a list of new capital improvement needed at the arena. Mr. Escobedo requested an update on the American Bank Center. President Salazar also requested information on energy efficiencies and ways to improve the windstorm rating through capital improvements. G. Public Comment - None. H. Adjournment There being no other business to come before the board, President Salazar adjourned the meeting at 4:03 p.m.