HomeMy WebLinkAboutMinutes Corpus Christi Business And Job Development Corporation (Type A) - 03/21/2016 Corpus Christi 1201 Leopard Street
Corpus Christi,TX 78401
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Meeting Minutes
Corpus Christi Business and Job Development Corporation
Monday,March 21,2016 4:00 PM City Council Chambers
A. President Bryan Gulley to call the meeting to order.
President Gulley called the meeting to order at 4:05 p.m.
B. Call Roll
President Gulley verified that a quorum of the Board was present to conduct
the meeting.
Present: 4- President R. Bryan Gulley,Vice-President Debbie Lindsey-Opel, Bart
Braselton and Randy Maldonado
Absent: 1 - Secretary Gabriel Guerra
C. MINUTES
1. Approval of the Minutes of the February 15, 2016 Meeting.
President Gulley referred to approval of the minutes.Mr.Braselton made a
motion,seconded by Mr.Maldonado to approve the minutes as presented.The
Minutes were approved unanimously.
D. FINANCIAL REPORT
2. Financial Report as of January 31, 2016.
President Gulley referred to Item 2.Director of Financial Services Constance
Sanchez presented the sales tax collections;cash flow statements;the
commitment reports;and the pro forma for the economic development fund.
Board members discussed the following topics:a future agenda item
regarding the sale tax trends,the impact on existing and future projects,and
whether adjustments will need to be made to projects;a future agenda item
regarding the status the the Corpus Christi Housing Authority project prior to
releasing the remaining$150,000 for the project;the projected balance at the
end of the sales tax;and the small business expenditures.
E. CLOSED SESSION ITEMS: (NONE)
F. AGENDA ITEMS: (ITEMS 3 -4)
3. Affordable Housing -Type A Pilot Program Update
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Discussion and possible action considering the guidelines for the Type
A Pilot Program as approved by City Council on January 12, 2016.
President Gulley referred to item 3.Director of Housing and Community
Development Rudy Bentancourt stated that the purpose of this item is to
review the guidelines for the Type A Pilot Program as adopted by the City
Council on January 12,2016.Mr.Bentancourt provided a comparison of the
variances between the draft Type A Pilot Program guidelines approved by the
Type A Board on December 14,2015 and the City Council approved guidelines
on January 12,2016.The variances included:Section I,engaging the Nueces
County Community Action Agency to assist with identifying income eligible
home buyers and getting them pre-qualified for the first home in the pilot
program;Section II,providing an interim construction loan for up to$100,000
at 0%interest for 24 months to a qualified builder for construction of a
site-build single-family residential home on a vacant lot provided by the City;
Section II,the City having available building plans and specifications for a
three-bedroom home to be built on the lot at 2034 Mary Street;Section II,a
qualified builders must submit a proposal to construct a three bedroom,2 bath
home,through a Request for Proposal process,Section II,using City provided
plans or the City plan with modifications and the City evaluating proposals and
awarding on best value;Section II,the builder must begin construction within
120 days once the notice to proceed is issued;and Section V,Type A funding
as interim construction loan to builder for up to$100,000 at 0%interest for 24
months.
Board members spoke regarding the following topics:the reason for providing
an interim construction loan at 0%interest for 24 months;whether interest is
incurred after 24 months;indicating the process for what happens after 24
months;if the program is in place yet;the criteria for a qualified builder;other
affordable housing solutions to consider;the City's floor plan;expanding
specifications to accommodate any lot available in the City;the program being
more successful if more than one house is built to spark private market;and
requesting a meeting with City staff and interested parties to discuss the
program, next steps,and provide feedback to the board.No action was taken
on this item.
4. Arena Marketing/Co-Promotion Fund Request-Texas Skills USA
2016 and 2017 Conventions
Motion authorizing the expenditure of$25,000 from Fund 4710 Visitors
Facilities Fund for the Texas Skills USA Convention in April 2016 and
the expenditure of$25,000 from Fund 4710 Visitors Facilities Fund for
the Texas Skills USA Convention in 2017.
President Gulley referred to Item 4.Business Liaison Alyssa Barrera stated that
the purpose of this item is to request authorization of the expenditure of
$25,000 in 2016 and$25,000 in 2017 to support the Texas Skills USA
Convention.This incentive will help the American Bank Center retain this
event.
Mr.Braselton made a motion to approve Item 4,seconded by Ms.Opel and
passed unanimously.
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G. PRESENTATION ITEMS: (ITEMS 5-7)
5. Seawall Fund Update-FEMA Flood Maps
President Gulley referred to Item 5.Assistant Director of Development Services
Julio Dimas stated that the purpose of this item is to provide an update on the
FEMA maps as it relates to the downtown area.Mr.Dimas presented the
following information:critical items identified in the mapping processes;a
map of the seclusion area that will not be impacted by the new preliminary
maps; the current flood maps continue to apply and all current construction
and insurance requirements do not change;data regarding the Seawall and the
Salt Flats Levee System;next steps;and the expected results.
Board members spoke regarding the following topics:the flood zone for the
downtown area;the unknown regulations;estimates on the"modest"
investments needed to significantly improve the system; participation from
other entities;grant funding available;RESTORE Act funding;reduction in the
pump station vulnerabilities;prioritization of the seawall projects;the owner of
the South Texas Art Museum builder;and design of the new Harbor Bridge.
6. Affordable Housing Update-February 2016
President Gulley referred to Item 6.Director of Housing and Community
Development Rudy Bentancourt presented the affordable housing update for
February 2016
7. Engineering Services Update-March 2016
President Gulley referred to Item 7.Director of Engineering Services Jeff
Edmonds presented the monthly engineering services update for the Salt Flats
Levee Project;Barge Dock;McGee Beach Renourishment Board Basin
Dredging Project and Breakwater Safety Improvements Project;and Miradores
Project
Board members spoke regarding the following topics:McGee Beach
Renourishment project matching funds related to North Beach;Coastal
Erosion Planning and Response Act(CAPER)grant funding for McGee Beach;
the contract with HDR regarding the Breakwater Safety Improvements;the
punch list for the Miradores project;and the status on the maintenance
funding for the Miradores.
H. EXECUTIVE DIRECTOR COMMENTS:
None.
I. PUBLIC COMMENT
None.
J. IDENTIFY FUTURE AGENDA ITEMS
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President Gulley referred to Identifying Future Agenda Items.The following
items were identified:follow-up on the outcome from the City Council Retreat
regarding the Type A Sales Tax ballot language;a legal opinion on the Board's
ability to address questions regarding the Type A sales tax election;and an
update on the inclusion of the Del Mar College video and links to other entities
on the Type A website.
K. ADJOURNMENT
The meeting was adjourned at 5:20 p.m.
*Regardless of the agenda heading under which any item is listed,any word or phrase of any item listed on this agenda shall be
considered a subject for consideration for purposes of the Texas Open Meetings Act and other relevant laws,and the Board of
Directors may deliberate and vote upon any such subject and resolutions related thereto.Any descriptions of property or
amounts stated in this agenda are descriptive and not restrictive,and property and amounts may be changed in the motions,
actions or documents.In addition to other items listed in this agenda,policies and procedures of this corporation,legal analysis
of any items,policies or procedures,and any items that are currently receiving funding from this corporation may be discussed
and deliberated and these matters are added as subjects of discussion to this meeting. This agenda has been reviewed and
approved by the attorney for the governing body,and the presence of any subject or description in the Executive Session portion
of this agenda constitutes a written interpretation of Chapter 551 of the Texas Local Government Code by the attorney for this
corporation indicating that said subject or description thereof may be legally discussed in a closed meeting.
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