HomeMy WebLinkAboutMinutes Corpus Christi Business And Job Development Corporation (Type A) - 11/12/20181201 Leopard Street
Corpus Christi, TX 78401
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City of Corpus Christi
Meeting Minutes
Corpus Christi Business and Job Development Corporation
4:30 PM City Council ChambersMonday, November 12, 2018
President Scott Harris to call the meeting to order.A.
President Scott Harris called the meeting to order at 4:32 p.m.
Call Roll and Excuse AbsencesB.
President Harris referred to Item B.
City Secretary Rebecca L. Huerta called the roll and verified that a quorum of
the Board was present to conduct the meeting.
President Scott Harris, Board Member Gabriel Guerra, Vice-President
Randy Maldonado, Board Member Leah Pagan Olivarri, Board Member
Robert Tamez, Board Member Lee Trujillo and Director John Valls
Present:7 -
Board Member Valls made a motion to excuse Board Member Trujillo's
absence from the October 15, 2018 meeting, seconded by Board Member
Guerra, and passed unanimously.
MINUTESC.
1.Approval of Minutes of the October 15, 2018 Regular Meeting
President Harris referred to item 1.
Board Member Valls made a motion to approve the minutes of the October 15,
2018 meeting, seconded by Board Member Tamez, and passed unanimously.
FINANCIAL REPORTD.
2.Type A Financial Reports as of September 30, 2018
President Harris referred to Item 2.
Assistant Director of Financial Services Alma Casas presented the financial
report as of September 30, 2018.
Board members and Ms. Casas discussed the following topics: trends in
revenue collection; Seawall Fund revenues collected versus budgeted; the
transition of collecting Type A to Type B sales tax revenue; cash balances;
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Meeting Minutes
Type A's actual commitments; monies not spent rolling over to the next fiscal
year; the current fund balance; monies for affordable housing; and pro formas.
CLOSED SESSION ITEMS: (None)E.
AGENDA ITEMS:F.
3.Discussion and Possible Action Related to Sam Kane Beef
Processors, LLC Receivership
President Harris referred to Item 3.
Chief Operating Officer of the Corpus Christi Regional Economic Development
Corporation Mike Culbertson said that the purpose of this item is to present
Sam Kane Beef Processors, LLC's (Kane Beef) request to extend the deadline
for re-payment of $175,000 under its agreement with the Corpus Christi
Business and Job Development Corporation (Type A) until February 12, 2019.
Board Member Valls made a motion to support Same Kane Beef Processors,
LLC (Kane Beef) in its effort to continue operating during the pendency of its
receivership by extending the deadline for re-payment of $175,000 under Type
A's agreement with Kane Beef until February 12, 2019, seconded by Board
Member Tamez, and passed unanimously.
PRESENTATION ITEMS:G.
4.Affordable Housing Program - Homebuyer Assistance Program
President Harris referred to Item 4.
Director of Housing and Community Development Rudy Bentancourt presented
information on the following topics relating to the Type A Affordable Housing
Homebuyer Assistance Program: purpose; general program description;
housing standards; homebuyer eligibility; lender and title company
requirements; and income limits.
Board Members and Mr. Bentancourt discussed the following topics: the
maximum purchase price of a home and how it is calculated; that the program
is not just for first-time homebuyers; monies allocated to the program; and the
maximum income limit and the consequences of exceeding that limit.
5.Economic Development Update - July to September 2018
President Harris referred to Item 5.
Chief Operating Officer of the Corpus Christi Regional Economic Development
Corporation (CCREDC) Mike Culbertson presented the CCREDC's Major Business
Incentives Quarterly Report for July through September 2018.
There were no comments from board members.
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6.Engineering Services Monthly Update - November 2018
President Harris referred to Item 6.
Director of Engineering Services Jeff Edmonds presented the Engineering
Services Monthly Update for November 2018.
Mr. Edmonds and board members discussed the following topics: an upcoming
workshop; the Seawall and the City's Capital Improvement Projects lists; the
status of South Oso Parkway, Holly, Everhart and Slough Road projects and
which are bond versus Type A projects; improvements to the downtown levee;
rehabilitation of the two downtown water features; focusing on Seawall
projects; that the Seawall boundary includes parts of the City's Marina that
were built with the Seawall; if the T- and L-Heads are part of the Seawall; and
a request from a board member that Type A board members be provided a
map reflecting the Seawall's boundaries.
7.Landbanking
President Harris referred to Item 7.
Business Liaison Arlene Medrano presented information on the following
topics relating to community land banking: illustrations of land trust and land
bank models; a comparison of land banking versus land trusting; and major
responsibilities of a land bank versus a land trust program manager position.
Board members and Ms. Medrano discussed the following topics: scheduling a
workshop to discuss this topic; how a West Oso project relates to this program;
a request from a board member that the Powerpoint presentation that was
presented today be e-mailed to board members; how other cities address land
banking versus land trusting; the amount of work necessary to justify a
program manager position; and having a workshop on this topic, as well as
Engineering Services Department projects, after January 1, 2019.
EXECUTIVE DIRECTOR COMMENTS:H.
President Harris referred to Executive Director Comments.
Executive Director Constance Sanchez discussed the following items: Type A
items on the November 13, 2018 City Council agenda; and presenting to the
Corpus Christi Business and Job Development Corporation (Type A), on
December 10, 2018, contracts relating to Type A-approved grants for Del Mar
College and the Small Business and Contractor Resource Center.
PUBLIC COMMENTI.
President Harris referred to Public Comment.
There were no comments from the public.
IDENTIFY FUTURE AGENDA ITEMSJ.
President Harris referred to Identify Future Agenda Items.
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Board members and Executive Director Constance Sanchez discussed
scheduling a workshop to have a comprehensive update on Engineering
Services projects and another for landbanking / landtrusting in February 2018;
the Type A's 2019 meeting calendar; quarterly Arena report; Seawall; the
contract for the Sea District water features; and a needs assessment for the
naval base and Corpus Christi Army Depot that will serve to update Type A.
ADJOURNMENTK.
The meeting was adjourned at 5:53 p.m.
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