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HomeMy WebLinkAboutMinutes Corpus Christi B Corporation (Type B) - 06/15/2020 City of Corpus Christi 1201 Leopard Street . P Cereus Christ.Tx 78401 cctexas corn Meeting Minutes _tea Corpus Christi B Corporation Monday,June 15,2020 1:30 PM Council Chambers Persons with disabilities who plan to attend this meeting and who may need auxiliary aids or services are requested to contact the City Secretary's office(at 361-826-3105) at least 48 hours in advance so that appropriate arrangements can be made. The mission of the Business &Jobs Development(Type A) and B Corporations is to promote and enhance the City of Corpus Christi's economic base by supporting projects and programs that create primary jobs, improve small business and affordable housing opportunities, and improve infrastructure in our City. A. President Scott Harris to call the meeting to order. President Scott Harris called the meeting to order at 1:31 p.m. B. Call Roll and Excuse Absences. City Secretary Rebecca Huerla called the roll and verified that a quorum of the Board was present to conduct the meeting. NOTE: Board Members Leah Olivarri and Lee Trujillo participated by video conference.Council Liaison Michael Hunter participated telephonically. Present 8- President Scott Hams, Board Member Leah Pagan Olivami,Secretary Diana Summers, Vice-President Robert Tamez, Board Member Lee Trujillo, Board Member John Valls, Board Member Alan Wilson, and Council Liaison Michael Hunter C. PUBLIC COMMENT President Harris referred to Public Comment There were no comments from the public. City of Corpus Christi Pagel SCANNED Printed on 7/20/2020 Corpus Christi B Corporation Meeting Minutes June 15, 2020 PUBLIC COMMENT -AUDIENCE AND PRESENTER SOCIAL DISTANCING AND PUBLIC TESTIMONY AND PUBLIC HEARING INPUT AT PUBLIC MEETINGS OF THIS BOARD/COMMISSION/COMMITTEE (Board). To reduce the chance of COVID-19 transmission, public meetings will be held in a manner intended to separate, to the maximum practical extent, audience and presenters from personal contact with members of Community, City Staff, and Boards. This meeting will be broadcast at cctexas.com/services/council meeting-agendas-minutes-video. Public testimony and public hearing input for Public Comment and all items on the agenda at public meetings of the Boards should be provided in writing, in the form of an e-mail or by using the PUBLIC COMMENT/INPUT FORM located on the City Secretary's webpage (PREFERRED METHOD) and shall be e-mailed to NormaD2@cctexas.com no later than five minutes after the start of each meeting of the Board meetings. Testimony and/or public input shall be in accordance with the City Secretary's instructions, which shall be posted on the City Secretary Office's door and on the City website, and allow for electronic submission. The written public testimony shall be provided to members of the Boards prior to voting on measures for that meeting. Written testimony shall be limited in accordance with the City Secretary's requirements and shall be placed into the record of each meeting. This testimony shall serve as the required public testimony pursuant to Texas Government Code 551.007 and shall constitute a public hearing for purposes of any public hearing requirement under law. The meeting may be held telephonically or via videoconference. The public may participate remotely by following the instructions of the City Secretary at cctexas.com/departments/city-secretary. D. MINUTES 1. 20-0695 Approval of Minutes of the Type B Board May 18. 2020 Regular Meeting Minutes. President Harris referred to item 1. Mr.Valls made a motion to approve the minutes as presented. seconded by Ms. Summers, and passed unanimously. E. FINANCIAL REPORT 2. 20-0673 Type B Financial Reports as of April 30. 2020 President Harris referred to Item 2. Director of Financial Services Heather Hurlbert presented the financial reports as of April 30. 2020. Board Members, Ms. Hurlbert and Mr. Houlihan discussed the following items: the actual and estimated amounts for the sales tax revenue and when the actual sales tax revenues are listed on the report. H. PRESENTATION ITEMS: City of Corpus Christi Page 2 Printed on 7/20/2020 Corpus Christi B Corporation Meeting Minutes June 15, 2020 4. 20-0693 Presentation on the Proposed FY 20-21 Corpus Christi B Corporation Budget President Harris deviated from the agenda and referred to Item 4. Director of Finance and Business Analysis Eddie Houlihan presented the FY 2020-2021 Proposed Budget. Mr. Houlihan presented the Type B Fund 1145 for Economic Development, Affordable Housing and Street Projects. He said all three accounts were in one Fund 1145; however in 2021,they will split them into 3 different funds as follows: Type B Fund 1146-Economic Development, Type B Fund 1147- Affordable Housing and Type B Fund 1148 -Street Projects. Board Members and Mr. Houlihan discussed adding a note to the next budget presentation to help understand the fund transfers. F. CLOSED SESSION ITEMS: 3. 20-0691 Executive Session pursuant to Texas Government Code § 551.071 and Texas Disciplinary Rules of Professional Conduct Rule 1.05 to consult with attorneys concerning legal issues related to the use of Type B Funds for projects to promote or develop new or expanded businesses that create or retain primary jobs including street and road project or other public infrastructure type projects with the City of Corpus Christi, and pursuant to Texas Government Code §551.087 to discuss or deliberate regarding commercial or financial information relating to some or all of the aforementioned matter(s) or entities 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/or financial or other incentives involving said business prospect with possible discussion and action in open session. President Harris referred to Executive Session Item 3.The Board went into executive session at 1:55 p.m.The Board returned from executive session at 2:17 p.m. G. AGENDA ITEMS: (None) PUBLIC HEARING: (None) J. EXECUTIVE DIRECTOR COMMENTS: President Harris referred to the Executive Director comments. City Manager Peter Zanoni stated there were no comments. K. IDENTIFY FUTURE AGENDA ITEMS President Harris referred to the Future Agenda Items. City Manager Peter Zanoni said staff will present the budget in the July for adoption. City of Corpus Christi Page 3 Printed on 7/20/2020 Corpus Christi B Corporation Meeting Minutes June 15,2020 L. ADJOURNMENT There being no further business,President Hanis adjourned the meeting at 2:18 p.m. Regardless of the agenda heading under which any item is listedany word or phrase of any item listed on this agenda shall be considered a subject for consideration for purposes of the Texas Open Meetings Ad end other relevant lawsand 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 descnptive and not restrictiveand property and amounts may be changed in the motionsactions or documents. In addition to other items listed in this agenda,policies and procedures of this corporation,legal analysts of any items,policies or proceduresand 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 porton 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 ordescnption thereof may be legally discussed in a closed meeting. This meeting may be held via videoconference call pursuant to Texas Government Code§551.127 If this meeting is held via videoconference call or other remote method of meetingthen a member of this governmental body presiding over his meeting will be physically present of the location of meeting unless this meeting is held pursuant to Texas Government Code§551.125 due to an emergency or other public necessity pursuant to Texas Government Code§551.045. CM of Corpus Christi Page 4 Printed on 7/20/2020