HomeMy WebLinkAboutMinutes Corpus Christi Business And Job Development Corporation (Type A) - 11/12/2012 - SpecialMINUTES
CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT CORPORATION (TYPE A)
SPECIAL MEETING
CITY HALL — COUNCIL CHAMBERS
NOVEMBER 12, 2012 — 3:00 P.M.
PRESENT:
Members
Robert Tamez, President
Debbie Lindsey -Opel, Vice President
R. Bryan Gulley, Secretary
Bart Braselton (arrived at 3:09 p.m.)
Adolfo (Butch) Escobedo
Staff
Oscar Martinez, Assistant City Manager
Charlotte Yochem, Assistant City Attorney
Armando Chapa, Assistant Secretary
Constance Sanchez, Finance
A. Called meeting to order — President Tamez called the meeting to order at 3:05 p.m.
B. Roll Call — President Tamez verified that the necessary quorum of the Board were
present to conduct the meeting.
Approval of Minutes —Ms. Opel made a motion to approve the Regular meeting
minutes of September 17, 2012 seconded by Mr. Escobedo and passed (Braselton
absent).
2. Financial Report — Director of Financial Services Constance Sanchez presented the
sales tax report updated through October; the cash flow statements; the commitment
reports for the economic development fund; and economic development pro - forma.
A motion was made by Mr. Escobedo to approve the financial report, seconded by Dr.
Gulley and passed.
3. Presentation of compliance reports for Del Mar College intern Program and the
Texas A & M University — Corpus Christi Intern program. — Mike Culbertson, Corpus
Christi Regional Economic Development Corporation (EDC), presented the compliance
reports for Del Mar College Intern Program and Texas A &M University — Corpus Christi
(TAMU -CC) intern programs and reported that both agreements are in full compliance.
Beverly Cage, Del Mar College and Dr. Jim Needham, TAMU -CC provided updates on
the success of their respective programs.
Ms. Opel requested a list of the companies that have utilized the intern program.
4. Motion to authorize de- obligation of the remaining $47.040.33 of the Board's -grant
to Del Mar Colle a Northwest Learning Center.- Mike Culbertson, EDC, stated that
the Del Mar College Northwest Learning Center did not utilize $47,040.33 of the awarded
grant and action is required to de- obligate the funds.
Ms. Opel made a motion to approve Item 4, seconded by Mr. Braselton and passed.
5. Motion to approve the renewal of fundinci in the amount of $100,000 for the Ice
_Rays 2012 -2013 Voucher Program. — Assistant City Manager Oscar Martinez
explained that this item is requesting the renewal of the funding for the 2012 -2013 Ice
Rays Voucher Program.
Mr. Escobedo made a motion to approve Item 5, seconded by Dr. Gulley and passed.
INDEXED
Type A Meeting
November 12, 2012 — Page 2
6. Discussion regarding existing agreements between the Corpus Christi Hooks
baseball team and the Type__A _Board, with possible action. - City Attorney Carlos
Valdez reported that the Type A Board provides funding to the City for the baseball
stadium and the City entered into the agreements regarding the stadium, therefore there
are no existing agreements between the Corpus Christi Hooks baseball team and the
Type A Board.
7. Discussion of an y.....audits performed pertaining to anv existing agreements
between the Corpus Christi Hooks baseball team and the _Type A Board, including
any maintenance performed and actual expenses _paid by the Hooks baseball
team, with possible action. - City Attorney Carlos Valdez stated that staff is unaware
of any audits performed pertaining to the agreements with the Corpus Christi Hooks.
8. Discussion of City staff's authority to negotiate contracts with the Hooks baseball
team and requirements to notify City Council of Type A Board of such
negotiations. - City Attorney Carlos Valdez explained that the City Manager or his
designee has the general authority under the charter as chief executive officer of the City
to negotiate and execute contracts under $50,000 without council approval, unless an
issue is deemed an emergency. Mr. Valdez added that there is no requirement to notify
the board of any negotiations unless action is required. Mr. Valdez stated that the Type
A Board can request that the City respond to questions on the status of contracts only as
a matter of information.
9. Item 9 was not listed on the agenda.
10. Discussion of list of investors in the Corpus Christi Baseball Club, LP. - City
Attorney Carlos Valdez stated that only the City of Corpus Christi can ask for a list of
investors because the City has a contractual obligation.
11. Discussion regarding the Business Ince ntive Agreements, the Business Incentive
Project Service Agreement and supporting guidelines. - Assistant City Attorney
Charlotte Yochem provided an overview of the the Business and Job Development
Corporation guidelines and criteria for granting business incentives and templates for the
business incentive agreement and business incentive project service agreement.
Ms. Opel requested that in the future staff include an overview memo on the background
information presented to the Board.
G. Public Comment - None.
H. Identify Future Agenda Items - The following items were required to be included on a
future agenda: a report from the Economic Development Corporation on any prospective
projects forthcoming; a comprehensive update on the status of the evaluation of seawall
including the barge dock, next steps and certification of the FEMA maps; and an update
on how the Hooks contract is being administered and how effectively City overseeing the
asset financed by the Type A Board.
I. Adjournment There being no other business to come before the board, President
Tamez adjourned the meeting at 4:22 p.m.