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.