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HomeMy WebLinkAboutMinutes Corpus Christi Business And Job Development Corporation (Type A) - 08/19/2013 MINUTES CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT CORPORATION (TYPE A) REGULAR MEETING CITY HALL—COUNCIL CHAMBERS AUGUST , 2 1 3—3:00 P.M. PRESENT: Members: Staff: Robert Tamez, President Margie C. Rose, Assistant City Manager Debbie Lindsey-Opel, Vice President Julian Grant, Sr. Assistant City Attorney R. an Gulley, Secretary Rebecca Huerta, Assistant City Secretary Bart Braselton Gabriel Guerra A. Called meeting to orde —President Tame called the meeting to order at 3:05 p.m. B. it Call — President Tamez verified that the necessary quorum of the Board were present to conduct the meeting. 1 Approval of Minutes—President Tamez made a motion to approve the Regular meeting minutes of July 15, 2013, seconded by Mr. Braselton and passed. 2. Financial Report — Director of Financial Services Constance Sanchez presented the sales tax through July; the cash flow statements; and the commitment reports for the economic development fund. Ms. Sanchez reported that staff would provide information to the Board at the next meeting to discuss refunding opportunities for the arena and the economic development stadium bonds. There was a general consensus to directs to move forward with the same financial team used by the City. A motion was made by Dr. Gulley to approve the financial report, seconded by Ms. Opel and passed. 11. Texas A&M Universibl — Corpus Christ! on the FAA Center Application — Michael Culbertson, Corpus Christi Regional Economic Development Corporation introduced Dr. Trent Hill, Dr. Luis Cifuentes and Dr. Ronald George with TAMU-CC who provided an update on the status of the FAA Center Application to locate an Unmanned Aerial System (UAS) test range; the anticipated announcement on the selection on a site; state funding for the program; expected revenue; and future steps should Corpus Christi not be selected as a site. 3. Discussion with possible action of options for consideration in the development and imglementation of Public Awareness initiatives related to Type A Board activities — Public Information Officer Kim Womack presented three options for consideration in the development and implementation of Public Awareness initiatives. Board members supported the following options: to contract with the City Public Communication Department and modify the Type A proposals/contracts of forward to include public awareness through sin age or acknowledgement. It4DEXED Type A Meeting August 19, 2013®Page 2 President Tamez opened discussion on the Affordable Housing Program It 4, and 5: 4. Discussion with possl le action concerning the use of FY13-14 funds in the amount of $590,000 - Eddie Ortega, Director of Neighborhood Services, stated that staff is recommending to allocate the FY13-14 funds in the amount of $500,000 as follows: 1) New Construction Home buyer Program - $150,000, 2) Existing Inventory Homebuyer Program - $250,000; and 3) In-Fill Housing Program - $100,000. 5. TABLED - se—slen Will 1___.bIe actiom :111ijill !11111!":!Ill!: Pragrem - Mr. Ortega announced that to would like to use the recommended $100,000 far the In-Fill Housing Program as seed-money to acquire properties, clean and maintain properties, satisfy any tax liens, and demolish substandard structures. The following topics pertaining to this its were discussed: asking other taxing entities to forgive liens or negotiate tax reductions; utilization of affordable housing funds; whether there is a preferred builders list; generating program income; selection process for buyers; taking City surplus properties to convert to usable properties; and staff failing to provide a plan of action or list of properties to the Board. Ms. Opel made a motion to table Its 5 until next month to receive specific information on the In-Fill Housing Program, seconded by Mr. Guerra and passed. 4. Discussion with possi it action concerning he use of FY13-14 funds in the amount of$500,000 - President Ta z returned to discussion on Item 4. Mr. Guerra made a motion to allocate $500,000 for the affordable housing program as recommended by staff, seconded by Ms. Opel for discussion. Director of Financial Services Constance Sanchez stated that this its requires action to determine how the funds are split. Dr. Gulley requested that the motion be amended to allocate $250,000 to the Existing Inventory Homebuyer Program. Mr. Guerra accepted the amendment and it was seconded by Ms. Opel. Motion to approve staffs recommendation on Its 4 to allocate $250,000 to the Existing Inventory Program. The foregoing motion was passed and approved by the following vote: Tamez, Braselton, Guerra, Gulley, and Opel, voting uAye". 6. Update on the Model Bloc r _ r ns s – Director of Neighborhood Services Eddie Ortega presented a summary of the expenditures for the Model Block Program. 7. Discuss what other Cities are doing regarding Affordable Housing. – Director of Neighborhood Services Eddie Ortega reported that to researched several cities and all cities have similar homebuyer assistance programs. Type A Meeting August 19, 2013—Page 3 8. Discussion and posi t i conducting compliance its for each ;f- the three funds associated it h e CoMus_Christi Business Development, r oration (i.e. " "): the Seawall [ rovement Fund No. 11 , the cHi fund No. 1130, a d the is Development Fund No. 11 Director of Financial Services Constance Sanchez explained that the three funs are financially audited as part of the City's Comprehensive Annual Finance Audit. Ms, Sanchez reported that major projects ands all business contracts are audited by the C and affordable housing is not audited at this time. Ms. Opel clarified that the oard would like information on internal performance audits for the seawall, arena and hatabr er Field. Mr. Braselton requested a list of projects funded by the Type Board. 10. Braselton Homes Affordable i r I— Mr. Braselton recused himself from the discussion on this item. Evan Dundas, Vice President of raselton Homes, requested surplus funs from the hoeuer assistance program in the amount of $500,000 to acquire and develop new properties under the guidelines of the affordable housing ro ra . 12. Engineering Department Monthly Project Update for August 19, 2013 - Director of Engineering Services Dan Biles referred to the monthly engineering roject update in the packet on the following projects: seawall maintenance project; Salt Flats Levee project, are dock project, FEMA mapping issue, erica Bank Center and Selena Auditorium Loading Dock Project Update; Saluki Road Project, Whataburger Field Maintenance Program, and American Bank Center and Selena Auditorium Capital and Maintenance Program. 9. Review 'i c i Seawall Maintenance Capital ImUrgypment Program Dan Biles provided a Seawall Maintenance Capital Improvement Ian Budget, proposed timeline and priority level for the following seawall projects: recurring seawall maintenance, bare dock repairs, Salt Flats Levee Certification Improvements, Science and History Museum Levee Wall, Hughes Street Pump Station, Seawall back-up levee project; USACE Bulkhead Repairs, Sunfish Island and breakwater, breakwater at McGee Beach, McGee Beach nourishment, marina breakwater improvements; and South Texas Art Museum Protection System. The following topics pertaining to this item were discussed: history behind projects; the assessment made by HDR and the recommended project lists; design of the Hughes Street Pump Station; the reason City Council did not authorize staff to ove forward on the Sunfish Island or McGee Beach capital improvements; and scheduling site visit of the seawall. H. Public one. Identify H. I --The following items were requested to a included on future agenda: site visit of seawall and workshop scheduled for September 23`d at 3:00 .; review of SMG improvements to arena and additional improvements nee ed; election of officers; FEMA maps; refunding opportunities; and in-fill housing. 1. i nr There being no other business to come before the board, President Tamez adjourned the meeting at 5:40 p.m.