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HomeMy WebLinkAboutMinutes Corpus Christi Business And Job Development Corporation (Type A) - 05/21/2012MINUTES CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT CORPORATION (TYPE A) REGULAR MEETING CITY HALL — COUNCIL CHAMBERS MAY 21, 2012 — 3:00 P.M. PRESENT: Members Eloy Salazar, President Robert Tamez, Vice President Foster Edwards, Secretary Adolfo (Butch) Escobedo R. Bryan Gulley Staff Margie Rose, Assistant City Manager Charlotte Yochem, Assistant City Attorney Armando Chapa, Assistant Secretary Constance Sanchez, Finance A. Called meeting to order — President Salazar called the meeting to order at 3:07 p.m. B. Roll Call - President Salazar verified that the necessary quorum of the Board were present to conduct the meeting. 1.& 2. Approval of Minutes - Mr. Tamez made a motion to approve the Regular minutes of April 16, 2012 and the Special minutes of May 4, 2012, seconded by Mr. Edwards and passed. 3. Financial Report — Director of Financial Services Constance Sanchez presented the sales tax report updated through April; the cash flow statements; and the commitment reports for the economic development fund. A motion was made by Dr. Gulley to approve the financial report, seconded by Mr. Escobedo and passed. 4. Motion to amend the Corporation's grant to Maiek Boatworks, originally approved by the Corporation November 29 2010 for the retention of 24 existing 'obs and 26 new mobs over a five year period at an average salary of $24,300 and for public improvements to Suluki Drive, to increase the grant from $300,000 to $360,000, to amend the budget to allow for this funding of $360,000 to Maiek Boatworks from the Unreserved Fund Balance in the No. 1140 Business/Job Development Fund and to appropriate the $360,000 from the Unreserved Fund Balance in the No. 1140 Business/Job Development Fund. — President Salazar announced that he would abstain from the discussion and vote on this item. Roland Mower, Corpus Christi Regional Economic Development Corporation (EDC), explained that this item is requesting to increase the grant to Majek Boatworks an additional $60,000 to pay for additional costs of street improvements to Suluki Drive. Mr. Edwards made a motion to approve Item 4, seconded by Mr. Escobedo and passed (Salazar abstained), 5. Motion to approve a $600,000 grant to HEB Bakery for the retention of 276 new lobs and to increase production at their plant on McBride Lane over a five year period, to amend the budget to allow for this funding of $600,000 to HEB Bakery from the Unreserved Fund Balance in the No. 1140 Business/Job Development Fund and to appropriate the $600,000 from the Unreserved Fund Balance in the INDEXED Type A Meeting May 21, 2012 — Page 2 No. 1140 Business /Job Development Fund. — Roland Mower, EDC, explained that cost estimates on the planned improvements to McCampbell Road have escalated and staff is recommending award of a grant for up to $750,000. Mr. Mower provided an updated Economic Impact report to validate the escalating prices. After discussion, Mr. Edwards made a motion to amend Item 5 as follows: Motion to approve a $750,000 grant to HEB Bakery for concrete construction /reconstruction of McCampbell Road, for the retention of 388 new jobs and to increase production at their plant on McBride Lane over a five year period, to amend the budget to allow for this funding of $750,000 to HEB Bakery from the Unreserved Fund Balance in the No. 1140 Business/Job Development Fund and to appropriate the $750,000 from the Unreserved Fund Balance in the No. 1140 Business and Job Development Fund. The motion was seconded by Mr. Tamez and passed. Mr. Edwards stated that HEB can come back to the Board to request additional funds if costs for the concrete street are higher. Mr. Edwards made a motion to approve the motion as amended, seconded by Mr. Tamez and passed. 6. Report on status of SNIG Management's Performance Audit and American Bank Center Management RFP — Assistant City Manager Margie Rose stated that staff has issued the performance audit proposals for the American Bank Center management agreement and the proposals are due back on June 15 After a brief discussion, the board directed staff to include Eloy Salazar as the Board's representative on the evaluation team to . review the proposals regarding the American Bank Center Management RFP. 8. Discussion of Provisionally Accredited Levee (PAL) Agreement with the Federal Emergency Management _Agency (FEMA)_for Scenario Al: Levee not in Federal System for the Corpus Christi Flood Protection System; issue of recertification of the Salt Flats Levee System and concrete floodwall adiiacent to the Corpus Christi Museum of Science and History. -- Dan Biles, Interim Director of Engineering Services, referred to a powerpoint presentation including a location map; draft FEMA map; the four (4) alternatives for consideration; and the map comparison of the potential non - accredited and accredited levee scenarios. Mr. Edwards requested a site visit of the Salt Flats Levee System. 7. Update of the Seawall Pro[ects that currently are authorized by the Type A Board. - Dan Biles, Interim Director of Engineering Services, provided a brief update on the seawall projects including the seawall system location map; project summary and estimated costs; and project status. G. Public Comment - None. Type A Meeting May 21, 2012 — Page 3 H. Identify Future Agenda Items — Board members requested the following topics be placed on a future agenda: an action item for the appointment of a board representative for the RFP process for the American Bank Center; market outreach for affordable housing programs and ACCION; a June workshop to discuss the Ethics Ordinance and site visit for the Salt Flats Levee System; status of the small business projects; and an item for discussion and action on refinancing bonds. Adiournment There being no other business to come before the board, President Salazar adjourned the meeting at 4:47 p.m.