HomeMy WebLinkAboutMinutes Corpus Christi Business and Job Development Corporation (Type A) - 06/12/2023City 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, June 12, 2023
2:00 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 2:55 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: 4 - President Leah Pagan Olivarri, Secretary Diana Summers, Vice -President Alan Wilson
and Board Member Jesus Jimenez
Absent: 3 - Board Member Scott Harris, Board Member Robert Tamez and Board Member John Valls
C. PUBLIC COMMENT:
President Olivarri referred to Public Comment. There were no comments from the public.
D. MINUTES / EXCUSE ABSENCES
1. 23-0948 Approval of Minutes of the Type A May 15, 2023 Regular Meeting.
President Olivarri referred to Item 1. Mr. Wilson made a motion to approve the minutes
as presented, seconded by Ms. Summers, and passed unanimously.
E. FINANCIAL REPORT
2. 23-0927 Type A Financial Reports as of April 30, 2023
President Olivarri referred to Item 2. Interim Assistant City Manager Heather Hurlbert
City of Corpus Christi
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Corpus Christi Business and Job
Development Corporation - Type A
Meeting Minutes - Final June 12, 2023
presented the financial reports as of April 30, 2023
F. EXECUTIVE SESSION ITEMS:
G. AGENDA ITEMS:
3. 23-0990 Motion authorizing the appropriation and expenditure of additional Seawall Funds in
the amount of $2,400,000.00 from the unreserved fund balance in the Seawall Fund
for the Replace Piers ABCDL and Dredging project for a total cost of $17,400,000.00
and authorizing the transfer from the Seawall Fund to the Seawall Capital
Improvement Fund.
President Olivarri referred to Item 3.Director of Engineering Services Jeffrey Edmonds
said the purpose of this item is to approve a motion authorizing the appropriation and
expenditure of Seawall Funds to replace Piers ABCDL and dredging project. Mr.
Edmonds stated the city received four competitive bids. The lowest bid exceeded the
budgeted funds. Staff is requesting an additional $2,400,000 from the unreserved fund
balance in the Seawall Fund.
Marina Manager Jonathan Atwood gave the following update on the Marina Projects:
construction contract for the piers will go to City Council for approval and work should
begin early fall; the L dock has been demolished and boats have been removed from
docks A & B for demolition and dredging and the new concrete floating dock will be
placed in the marina; the design contract has been approved for the Cooper Boaters
Facility and the Resurfacing Project of the L Head parking lot; the design contract for the
Boat Haul Out Office Retail Facility has also been approved by City Council; the
Boardwalk Project is in the design phase, working with Harrison Landing and other
stakeholders to complete the design and move forward with the bid process; a Master
Plan for the Marina will be presented to City Council on June 27th; and the Miradors will
also have a full makeover including the Selena monument.
Mr. Wilson made a motion to approve item 3, seconded by Mr. Jimenez, and passed
unanimously.
4. 23-0969 Discussion and possible action to amend the bylaws of the Corpus Christi
Business and Job Development Corporation to provide for automatic
resignation of a director in the event of unexcused absences.
President Olivarri referred to Item 4. Ms. Olivarri requested the item be brought back for
the next meeting with the suggested changes discussed during the Type B meeting for
consideration and possible action.
5. 23-1022 Presentation and discussion on the Proposed FY 2023-2024 Corpus Christi and
Job Development Corporation Budget
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Corpus Christi Business and Job
Development Corporation - Type A
Meeting Minutes - Final June 12, 2023
President Olivarri referred to Item 5. Director of Management and Budget Eddie Houlihan
presented the proposed FY 2023-2024 Type B Budget.
Mr. Houlihan presented the following items: Budget Overview - Seawall; Budgeted
Revenue - Seawall; Proposed Expenses - Seawall; CIP - Seawall Project Budgets and
current Status; Approved FY2023 CIP - Seawall; Proposed FY2024 CIP - Seawall;
Budgeted Overview - Seawall Debt Service; Budget Overview - Arena Facility; Budgeted
Revenues - Arena Facility; Proposed Expenses - Arena Facility; Transfer to Arena CIP;
Transfer to Visitors Facilities; Arena Marketing Co -Promotion; Transfer to Visitors
Facilities Capital Projects; Budgeted Overview - Arena Debt Service; Budget Overview -
Business & Job Development; Budgeted Revenues - Business & Job Development;
Proposed Expenses - Business & Job Development; Affordable Housing; and Major
Business Incentives.
Board Members, Mr. Houlihan and Interim Assistant City Manager Heather Hurlbert
discussed the following topics: the debt service remaining principal balance and whether
it has a fixed or floating rate; whether the Harbor Point East Connectivity project will move
forward; and requested more information on the Marina Projects for the next meeting.
I. PRESENTATION ITEMS:
J. EXECUTIVE DIRECTOR COMMENTS:
President Olivarri referred to the Executive Director comments. City Manager Peter
Zanoni stated the final budget will be presented at the next board meeting.
K. ADJOURNMENT
There being no further business, President Olivarri adjourned the meeting at 3:37 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 govemmental 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 Govemment Code § 551.045.
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