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HomeMy WebLinkAboutMinutes Corpus Christi Business And Job Development Corporation (Type A) - 04/15/2013 MINUTES CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT CORPORATION (TYPE A) REGULAR MEETING CITY HALL--COUNCIL CHAMBERS APRIL 15, 2013—3:00 P.M. PRESENT: Members: Staff: Robert Tamez, President Margie Rose, Assistant City Manager Debbie Lindsey-Opel, Vice President'* Marcie Downing, Assistant City Attorney R. Bryan Gulley, Secretary Armando Chapa, Assistant Secretary Bart Braselton* Constance Sanchez, Finance Adolfo (Butch) Escobedo *Arrived at 3:08 p.m. **Arrived at 3:10 p.m. A. Called meeting to order--President Tamez called the meeting to order at 3:06 p.m. B. Roll Call — President Tamez verified that the necessary quorum of the Board were present to conduct the meeting. 1. Approval of Minutes —Mr. Escobedo made a motion to approve the Regular meeting minutes of March 18, 2013, seconded by Dr. Gulley and passed (Braselton and Opel absent). 2. Financial Report — Director of Financial Services Constance Sanchez presented the sales tax through February; the cash flow statements; the commitment reports for the economic development fund; and economic development fund pro-forma. A motion was made by Mr. Escobedo to approve the financial report, seconded by Ms. Opel and passed. 3. Motion to approve the Corporation's Fiscal Year 2013-2014 operating budget for the Seawall Fund #1120, the Seawall Debt Service Fund #1121. the Arena Facility fund #1130, the Arena Facility Debt Service Fund #1131, the Business/Job Development Fund #1140, and the Business/Job Development Debt Service Fund #1141. — Assistant Director of Management and Budget Eddie Houlihan presented the operating and the debt service fund budgets for the seawall, arena, and economic development funds. Board members requested a presentation of the status of the ACCION contract. Mr. Escobedo made a motion to approve Item 3, seconded by Ms. Opel and passed. 4. Discussion with possible action on: revisions to the New C_ onstruction Homebuyer Assistance Pro-gram, and the Existin_q Inventory Homebu er Assistance Program, recapturing funds awarded to Live Oak Construction on October 17 2011 in the amount of $150,000, recapturing funds awarded to Nueces County Community Action on October 17 2011 in the amount of $52,000.and reprogramming g recaptured funds in the amount of$202,000 into the Existina Inventory Homebu er Pro ram and the reimbursement of salaries for Neighborhood Services Housing INDEXED Type A Meeting April 15, 2013—Page 2 Division staff . — Director of Neighborhood Services Eddie Ortega explained that this item consists of several issues related to affordable housing. In reference to Item 1, Mr. Ortega reported that staff is recommending the following revisions to the affordable housing program guidelines: to omit the luxury item line item from the Builders New Construction Homebuyer Assistance Program and changing the 95% of median purchase price date from January of each year to the time staff actually receives the new price limits from HUD. Ms. Opel made a motion to accept staff's recommendation on Item 1, seconded by Mr. Escobedo and passed (Braselton abstained). Referring to Item 2, Mr. Ortega explained that Live Oak Construction was awarded a contract in the amount of $150,000 for an infrastructure project. Mr. Ortega added that staff never received the signed agreement from Live Oak Construction and the company could not meet the insurance requirements therefore staff is requesting that those funds be recaptured. Mr. Escobedo made a motion to recapture the funds awarded to Live Oak Construction in the amount of$150,000, seconded by Mr. Braselton and passed. Mr. Ortega stated that Item 3 relates to an award of. $52,000 to Nueces County Community Action Agency for an infrastructure project in Wynnwood Subdivision. Mr. Ortega reported that NCCAA no longer has site control of the property and will not be proceeding with the project. Mr. Ortega said staff is requesting that those funds awarded to NCCAA be recaptured. Ms. Opel made a motion to recapture the funds awarded to NCCAA, seconded by Dr. Gulley and passed. Mr. Ortega explained that Item 4 addresses the previously approved recaptured funds from Live Oak Construction and NCCAA and staff is requesting that $180,000 be placed into the Existing Inventory Homebuyer Program and $22,000 be placed to the reimbursement of staff salaries account. Mr. Braselton made a motion to recapture funds previously awarded to Live Oak Construction and Nueces County Community Action Agency in the aggregated amount of $202,000 and reprogram said funds into the Existing Inventory Homebuyer Program and the reimbursement of salaries for Neighborhood Services Housing Division staff, and amending the fiscal year 2012-2013 Operating Budget, seconded by Ms. Opel and passed. 5. Motion to amend the Type A grant to Texas A&M University-Corpus Christ! (TAMU- CC) for the internship program to increase the funding by $35,060.00 to complete the 2013 fiscal year; amending the fiscal year 2012-2013 operating budget to allow for this increased funding of $35,060.00 from the Unreserved Fund balance in the No. 1140 Business/Job Development Fund; and appropriating $35.060.00 to the Unreserved Fund Balance in the No. 1140 Business/Job Development Fund. - Mike Culbertson, Corpus Christi Regional Economic Development Corporation (EDC), Type A Meeting April 15, 2013—Page 3 explained that this item is a request from TAMU-CC to increase the funding by $35,060.00 to complete the summer session and staff recommends approval. Lauren Lilly and Terry House with the TAMU-CC intern program stated that the program is important to help students get experience in their related fields and employers receive quality interns to help their businesses grow. Mr. Braselton made a motion to approve Item 5, seconded by Mr. Escobedo and passed (Opel abstained). 6. Motion to amend the Type A grant to Del Mar College for the internship program to increase the funding by $72,804.35 to complete the 2013 fiscal year: amending the fiscal year 2012-2013 operating budget to allow for this increased funding of $72,804.35 from the Unreserved Fund balance in the No. 1140 Business/Job Development Fund; and appropriatina $72,804.35 to the Unreserved Fund Balance in the No. 1140 Business/Job Development Fund. - Mike Culbertson, EDC, stated that this item is a request from Del Mar College to increase funding for the internship program in the amount of $72,804.35 to complete the spring semester and offer the program during the summer and staff recommends approval. Beverly Cage, Del Mar College, provided an explanation on the funding required to complete the budget cycle to include the spring and summer sessions. Ms. Opel made a motion to approve Item 6, seconded by Mr. Braselton and passed. 7. Presentation regarding the role of the Board in long term projects,and keeping the Board engaged by requiring status updates on those projects. - City Attorney Carlos Valdez explained that this item was requested by the Board to receive clarification on the Board's role with long term project and keeping the board engaged. Mr. Valdez stated that the Board of Directors of the Corporation's authority is referenced in the Articles of Incorporation, the election language for Propositions 4, 5, and 6 of the November 7, 2000 election, the bylaws of the Corporation, and the Corpus Christi Business and Job Development Guidelines and Criteria approved by City Council. 8. Information update from Dan Biles regarding the Seawall Maintenance Proiect, Salt Flats Levee Projects, the Barge Dock,Proiect the FEMA Mapping Issue, Saluki Road Proiect, Whataburger Field Maintenance Program, American Bank Center and Selena Auditorium Capital Maintenance Program - Dan Biles, Director of Engineering Services, referred to the monthly engineering project update in the packet. 9. Discussion with Possible action regarding the use of the Le istar system for creation and approval of the Type A Board Agenda captions and items. -Assistant City Manager Margie Rose stated that staff is recommending for consideration the use of the Legistar software system for the Type A agenda process. Ms. Rose added that the electronic process is a more effective and efficient way of operating and will allow the Board to review the agenda on iPads. Mr. Escobedo made a motion to purchase seven (7) iPads, second by Mr. Braselton and passed. Type A Meeting April 15, 2013-Page 4 G. Public Comment: None. H. Identify Future Agenda Items-The following items were requested to be included on a future agenda: status on ACCION; a list of investors of the Corpus Christi Baseball Stadium (via email); and a strategic discussion on how funds are expended and the return on investment for the community. I. Adiournment: There being no other business to come before the board, President Tamez adjourned the meeting at 4:35 p.m.