Loading...
HomeMy WebLinkAboutMinutes Corpus Christi Business and Job Development Corporation (Type A) - 03/21/2022City of Corpus Christi Meeting Minutes - Final 1201 Leopard Street Corpus Christi, TX 78401 cctexas.com Corpus Christi Business and Job Development Corporation - Type A Monday, March 21, 2022 1:40 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 Lee Trujillo to call the meeting to order. President Lee Trujillo called the meeting to order at 1:42 p.m. B. CaII Roll: Assistant City Secretary Ruth Bocchino called the roll and verified that a quorum of the Board was present to conduct the meeting. Present: 7 - Board Member Scott Harris, Board Member Leah Pagan Olivarri, Secretary Diana Summers, Vice -President Robert Tamez, President Lee Trujillo, Board Member John Valls and Board Member Alan Wilson C. PUBLIC COMMENT: President Trujillo referred to Public Comment. There were no comments from the public. D. MINUTES / EXCUSE ABSENCES: 1. 22-0246 Approval of Minutes of the Type A Board January 10, 2022 Regular Meeting. President Trujillo referred to Item 1. Mr. Valls made a motion to approve the minutes as presented, seconded by Mr. Tamez, and passed unanimously. E. FINANCIAL REPORT: 2. 22-0386 Type A Financial Reports as of January 31, 2022 President Trujillo referred to Item 2. Director of Finance Heather Hurlbert presented the City of Corpus Christi Page 1 Printed on 4/20/2022 SCANNED Corpus Christi Business and Job Development Corporation - Type A Meeting Minutes - Final March 21, 2022 financial reports as of January 31, 2022. Board Members and Ms. Hurlbert discussed the following items: itemizing the year-to-date expenditures report; including the year when a project was budgeted on the report; piers expenditure included the design and engineering cost; pier project completion time frame; whether the flood wall upgrades will be included in the budget; possibly deeding land to the Port for improvements and whether the Type A fund balance could be transferred to Type B. F. CLOSED SESSION ITEMS: None G. AGENDA ITEMS: 3. 22-0518 Motion authorizing allocation of additional funds in an amount not to exceed $ 374,200 from Type A Business and Jobs Development Fund for Whataburger Field improvements to increase the total from $701,800 to $1,076,000 and amendment of the FY 2021-2022 operating budget by appropriating $374,200 from the fund balance in Fund 1140. President Trujillo referred to Item 3, a motion to allocate additional funds for Whataburger Field Improvements. General Manager Brady Ballard gave a brief summary of the improvements and thanked the board for their contributions to Whataburger Field Board Members and Mr. Ballard discussed the following topics: whether there is a cost to Corpus Christi Independent School District (CCISD) for high school games and having a tour of the field. Mr. Valls made a motion approving Item 3, seconded by Mr. Tamez and passed unanimously. 4. 22-0545 Motion to approve an amendment to extend the project completion date for an Affordable Housing Reimbursement Agreement with FishPond Living at Corpus Christi LP to provide a one-year extension from January 27, 2022, to January 27, 2023. President Trujillo referred to Item 4, a motion to approve an amendment to extend the project completion date for FishPond Living. Board Members and Mr. Almaguer discussed the following topics: reasons for the extension and touring the job site. Mr. Valls made a motion approving Item 3, seconded by Mr. Tamez and passed unanimously. City of Corpus Christi Page 2 Printed on 4/20/2022 Corpus Christi Business and Job Development Corporation - Type A Meeting Minutes - Final March 21, 2022 H. PRESENTATION ITEMS: None I. EXECUTIVE DIRECTOR COMMENTS: President Trujillo referred to Executive Director comments. Chief Financial Officer Constance Sanchez identified the following future items: briefing on the Water Garden and Art Museum Flood Wall Projects. Board Members asked for an update on the improvements for the American Bank Center and the Marina. J. ADJOURNMENT There being no further business, President Trujillo adjourned the meeting at 2:05 p.m. 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 § 551.125 due to an emergency or other public necessity pursuant to Texas Government Code § 551.045. City of Corpus Christi Page 3 Printed on 4/20/2022