HomeMy WebLinkAboutMinutes Corpus Christi Business And Job Development Corporation (Type A) - 07/20/2020 City of Corpus Christi 1201 Leopard Street
Corpus Christi,TX 78401
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‘:'1/2 Meeting Minutes
Corpus Christi Business and Job Development Corporation
Monday,July 20, 2020 2:30 PM City 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 & Job 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 2:30 p.m.
B. Call Roll and Excuse Absences:
City Secretary Rebecca Huerta called the roll and verified that a quorum of the
Board was present to conduct the meeting.
NOTE: President Harris and Board Members Leah Olivarri, Diana Summers,
Lee Trujillo and Alan Wilson participated by video conference.
Present: 7- President Scott Harris, Board Member Leah Pagan Olivarri, Secretary Diana
Summers,Vice-President Robert Tamez, Board Member Lee Trujillo, Board
Member John Valls and Board Member Alan Wilson
C. PUBLIC COMMENT
President Harris referred to Public Comment.There were no comments from
the public.
D. MINUTES
1. 20-0787 Approval of Minutes of the Type A Board June 8, 2020 Special Meeting
Minutes and June 15, 2020 Regular Meeting Minutes.
President Harris referred to item 1.Mr.Valls made a motion to approve the
minutes as presented,seconded by Mr.Trujillo,and passed unanimously.
E. FINANCIAL REPORT
2. 20-0805 Type A Financial Reports as of May 31, 2020
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President Harris referred to Item 2. Director of Financial Services Heather
Hurlbert presented the financial reports as of May 31,2020.
F. CLOSED SESSION ITEMS: None
G. AGENDA ITEMS:
3. 20-0820 Motion Approving the Proposed FY 20-21 Corpus Christi Business and
Job Development Corporation Operating Budget.
President Harris referred to Item 3. Director of Management and Budget Eddie
Houlihan present the FY 20-21 Operating Budget.
Board Members, Mr. Edmonds and Mr. Houlihan discussed the following topics:
amending the budget to include a line item for the McGee break water;task
HDR Engineering to prepare a design and feasibility study;whether staff
received multiple bids for the arena insurance and the reason for the increase;
and the next steps for the Water Garden project since it is no longer budgeted.
Mr.Tamez made a motion to amend item 3,the Seawall CIP to add a$100,000
project for the new break water at McGee Beach,seconded by Mr.Wilson,and
passed unanimously.
Mr.Valls made a motion to approve item 3 as amended,seconded by Mr.
Tamez,and passed unanimously.
4. 20-0845 Discussion and possible action for Type A Board members and City staff
members to attend the Economic Development Sales Tax Virtual Workshop.
President Harris referred to Item 4.Senior Management Analyst Randy
Almaguer said the purpose of this item is to fulfill the training requirements for
the Type A Board through the Economic Development sales tax workshop.The
Economic Development Sales Tax workshop is designed specifically for EDC
Board Members and local elected officials and includes information about
economic and community development in general and changes to the
economic development sales tax law.The workshop will include a discussion
of changes to the Economic Development Sales Tax law that occurred during
the 86th session of the Texas Legislature. Due to COVID-19,the Texas
Economic Development Council(TEDC) decided to host the two workshops in a
virtual format.
Assistant City Attorney Aimee Alcorn-Reed stated the city is required to send
two staff members every two years. However,there is not a requirement for
board members.
Mr.Wilson made a motion to approve Type A Board Members and City staff
members to attend the workshop at a total cost of$960.00,seconded by Mrs.
Olivarri,and passed unanimously.
H. PRESENTATION ITEMS:
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5. 20-0789 Corpus Christi Regional Economic Development Corporation
(CCREDC) Quarterly Update (Q2 2020)
President Harris referred to Item 5.Chief Operating Officer of the Corpus Christi
Regional Economic Development Corporation Mike Culbertson presented the
Economic Development quarterly report.
A board member asked if the repayment for the loans of the second tranche
will return to the Type A fund.Ms.Sanchez stated the repayments will be
returned to the Type A fund.
6. 20-0795 Affordable Housing - Homebuyer Assistance Program Update
President Harris referred to Item 6. Director of Housing and Community
Development Rudy Bentancourt presented the Homebuyer Assistance Program
Quarterly update for April to June 2020.
Mr. Bentancourt presented the following topics: department will request
$3,218.30 for reimbursement of staff time in administering the Type A
affordable housing program,which total 197.5 hours;the following was
received during the quarter:52 intakes of which 3 applied for the program,
zero applicants received commitments and 5 were funded; $7,666.62 was
received in homebuyer payoffs which goes back to the program,and a
remaining balance of$98,816.20 is available for the program.
7. 20-0807 Engineering Services Quarterly Recap(April- June) and a briefing on
Future Activity Report.
President Harris referred to Item 7. Director of Engineering Services Jeffrey
Edmonds presented the Engineering Services monthly updates.
EXECUTIVE DIRECTOR COMMENTS:
President Harris referred to the Executive Director comments.Chief Financial
Officer Constance Sanchez stated the following:The approved budget will be
added to the City's operating budget and will be reviewed by City Council on
July 28, 2020. During the month of August,there will be community budget
input sessions and City Council will be schedule to approve the budget on its
first reading on September 8,2020 and the final reading on September 15,
2020;and Texas A&M University Corpus Christi, Engineering Department want
to add a plaque on their building acknowledging the Type A funds that were
donated.
J. IDENTIFY FUTURE AGENDA ITEMS
President Harris referred to the Future Agenda Items.Chief Financial Officer
Constance Sanchez identified the following future item:summary of the 2009
comprehensive feasibility study will be sent to board members for discussion at
next month's meeting and provide information regarding the arena insurance
increase.
President Harris stated Steve Banta with the USS Lexington submitted a letter
that was distributed to the board and asked if there will be a future agenda
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item for the project.Ms.Sanchez stated they shared the letter with Bond
Counsel and are waiting on the determination if funds can be utilized for that
project.
K. ADJOURNMENT
There being no further business,President Harris adjourned the meeting at
3:36 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
properly or amounts stated in this agenda are descriptive and not restrictive,and properly 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 iscussion 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.
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 meeting,then a member of this governmental body presiding over this
meeting will be physically present at the location of this meeting unless this meeting is held pursuant to Texas Government
code g 551.125 due to an emergency or other public necessity pursuant to Texas Government Code§551.045
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