HomeMy WebLinkAboutMinutes Corpus Christi Business and Job Development Corporation (Type A) - 05/15/2023City 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, May 15, 2023
1:45 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 Leah Pagan Olivarri to call the meeting to order.
President Leah Olivarri called the meeting to order at 2:09 p.m.
B. Call Roll:
City Secretary Rebecca Huerta called the roll and verified that a quorum of the Board
was present to conduct the meeting.
Present: 7 - Board Member Scott Harris, President Leah Pagan Olivarri, Secretary Diana Summers,
Board Member Robert Tamez, Board Member John Valls, Vice -President Alan Wilson
and Board Member Jesus Jimenez
C. PUBLIC COMMENT:
President Olivarri referred to Public Comment. There were no comments from the public.
D. MINUTES / EXCUSE ABSENCES
1. 23-0808 Approval of Minutes of the Type A April 17, 2023 Regular Meeting.
President Olivarri referred to Item 1. Mr. Tamez made a motion to approve the minutes
as presented, seconded by Mr. Valls, and passed unanimously.
President Olivarri asked if there were any requests for an excused absence. There were
none.
E. FINANCIAL REPORT
City of Corpus Christi
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Corpus Christi Business and Job
Development Corporation - Type A
Meeting Minutes - Final May 15, 2023
23-0870 Type A Financial Reports as of March 31, 2023
President Olivarri referred to Item 2. Director of Finance Heather Hurlbert presented the
financial reports as of March 31, 2023.
F. EXECUTIVE SESSION ITEMS: NONE
G. AGENDA ITEMS:
3. 23-0832 Motion authorizing the appropriation of Arena Funds in the amount of
$6,500,000.00 from the unreserved fund balance in the Arena Fund for the
American Bank Center (ABC) Arena Urgent Mechanical Improvements and
ABC Arena Landscaping transferring the funds from the Arena Fund to the
Arena Capital Improvement Fund.
President Olivarri referred to Item 3. Director of Engineering Services Jeffrey Edmonds
said the purpose of this item is to authorize a motion to appropriate Arena Funds in the
amount of $6,500,000 for the American Bank Center (ABC) Arena urgent mechanical
improvements and arena landscaping. Mr. Edmonds stated a facility assessment was
completed and there are some capital improvements that have been deemed urgent.
There are two 1,000 -ton chillers and only one is operational. The non -operational chiller is
being used for spare parts to keep the other chiller working. The landscaping is in need
of improvements due to damages sustained in the 2021 winter freeze and the lack of
up -keep.
Board Members, Heather Hurlbert, Assistant Director of Aviation Elsy Borgstedte and
Mr. Edmonds discussed the following topics: consultant recommends replacing both
arena chillers at an estimated cost of $5,000,000; requirements to perform regular and
preventative maintenance; requested an item on the next agenda to discuss other items
regarding the ABC; current chillers are 20 years old and have met their useful life;
expected life span of the new chillers is 20 years; the amount ABC brings in annually;
whether there is an item more critical or urgent than landscaping; if an insurance claim
was submitted for the landscaping that was damaged during the winter freeze; and
whether the chiller system feeds into the Water Gardens.
Mr. Valls made a motion to approve item 3, seconded by Mr. Wilson, and passed
unanimously.
I. PRESENTATION ITEMS: NONE
J. EXECUTIVE DIRECTOR COMMENTS:
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Corpus Christi Business and Job
Development Corporation - Type A
Meeting Minutes - Final May 15, 2023
President Olivarri referred to the Executive Director comments. Chief Financial Officer
Constance Sanchez had no comments.
K. ADJOURNMENT
There being no further business, President Olivarri adjourned the meeting at 2:44 p.m.
This meeting may be held via videoconference call pursuant to Texas Government Code § 551.127. if this meeting is held via
videoconference can 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.
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