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HomeMy WebLinkAboutMinutes Corpus Christi Business And Job Development Corporation (Type A) - 01/20/2014 MINUTES CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT CORPORATION (TYPE A) REGULAR MEETING CITY HALL— COUNCIL CHAMBERS JANUARY 20, 2014—3:00 P.M. PRESENT: Members: Staff: Robert Tamez, President Margie C. Rose, Assistant City Manager R. Bryan Gulley, Vice President Julian Grant, Sr. Assistant City Attorney Debbie Lindsey-Opel, Secretary Rebecca Huerta, Assistant City Secretary Bart Braselton ABSENT Gabriel Guerra A. Called meeting to order—President Tamez called the meeting to order at 3:02 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 — Ms. Opel made a motion to approve the Regular meeting minutes of December 16, 2013, seconded by Dr. Gulley and passed (Guerra absent). 2. Closed session under §551.087 of the Texas Government Code to discuss confidential commercial or financial information pertaining to Hausman Foods LLC that the Corporation seeks to have locate, stay, or expand within the City limits and with which the Corporation is conducting economic development negotiations and to deliberate possible offers of financial or other incentives to said business prospect with possible discussion and action in open session. President Tamez announced the closed session. The Corporation went into closed session. The Corporation returned from closed session. Roland Mower, Corpus Christi Regional Economic Development Corporation provided an overview of the project with Hausman Foods LLC and stated that the company is looking to expand and improve their meat processing company. Steve McClure, Hausman Foods, provided information on the area the company services and the national and local retail accounts. Dr. Gulley made a motion to agree to a grant to Hausman Foods LLC up to $205,920.00 of Type A funds to be paid over five years resulting in the creation of 52 new full time jobs and a new investment of $2.1 million, seconded by Mr. Braselton and passed (Guerra absent). 3. Financial Report — Director of Financial Services Constance Sanchez presented the sales tax report through November; the cash flow statements; the commitment reports for the economic development fund; and the proforma report for the economic development fund. A motion was made by Ms. Opel to approve the financial report, seconded by Dr. Gulley and passed (Guerra absent). INDEXED Type A Meeting January 20, 2014—Page 2 4. Discussion with possible action regarding the regular 2014 meeting dates. — Assistant City Manager Margie Rose presented a calendar of meeting dates for consideration. Ms. Opel made a motion to accept the meeting dates as presented by staff, seconded by Mr. Braselton and passed (Guerra absent). 5. Review and possible adoption of proposed logo for future communication initiatives. — Kim Womack, Public Communication, presented the proposed logo and requested feedback on whether to move forward with the graphic standards manual and plans to incorporate the logo. Ms. Opel made a motion to approve the presented logo as the official Type A logo, seconded by Mr. Braselton and passed (Guerra absent). 6. Motion to de-obligate $400,000 from Accion and $120,000 from FastTrac Program to the Type A Fund 1140 for 2014. — Mike Culbertson, EDC, stated that the purpose of this item is to de-obligate the funds from Accion and the FastTrac Program. Ms. Opel made a motion to de-obligate $400,000 from Accion and $120,000 from FastTrac Program to the Type A Fund 1140 for 2014 to the economic development fund balance, seconded by Mr. Braselton and passed (Guerra absent). 7. Neighborhood Services: Monthly Report (11/13) — Director of Neighborhood Services Eddie Ortega presented the monthly Neighborhood Services report. 8. En•ineerin• Services Month! Pro'ect U•dates for Janua 2014 —Acting Director of Capital Programs Natasha Fudge presented the monthly Engineering Department project update. Board members asked questions regarding the appropriation of funds presented on the City Council January 21st agenda for the Seawall Capital Projects priorities list. 9. Type A Fund Review - Assistant City Manager Margie Rose provided a brief presentation on the ballot language for the Type A funds; the categories of the projects funded; and possible projects for future consideration. Board members discussed options on how to develop additional priorities including a possible workshop with the City Council and the Economic Development staff. G. Executive Director Comments: None. H. Public Comment: None. Identify Future Agenda Items —The following items were requested to be included on a future agenda: Dr. Lee's presentation on the economic impact of Type A funds at the February meeting; update on the graphic standards for the Type A logo with action to approve a communication plan; an agenda item to discuss how to set priorities for Type A funds; identifying additional reprogramming opportunities; obligations to small business projects; and changing the fiscal year budget. Type A Meeting January 20, 2014—Page 3 J. Adjournment: There being no other business to come before the board, President Tamez adjourned the meeting at 4:37 p.m.