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HomeMy WebLinkAboutMinutes Corpus Christi B Corporation (Type B) - 09/18/2023City of Corpus Christi Meeting Minutes - Final Corpus Christi B Corporation - Type B 1201 Leopard Street Corpus Christi, TX 78401 cctexas.com Monday, September 18, 2023 1:30 PM 6th Floor Conference Room 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 Leah Pagan Olivarri to call the meeting to order. President Leah Olivarri called the meeting to order at 1:31 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 5 - President Leah Pagan Olivarri, Secretary Diana Summers, Board Member Robert Tamez, 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. 23-1327 Approval of Minutes of the Type B July 17, 2023 Regular Meeting. President Olivarri referred to Item 1. Mr. Wilson made a motion to approve the minutes as presented, seconded by Mr. Tamez, and passed unanimously. E. FINANCIAL REPORT 2. 23-1468 Type B Financial Reports as July 31, 2023 President Olivarri referred to Item 2. Interim Director of Finance Alma Casas presented the financial reports as of July 31, 2023. City of Corpus Christi Page 1 Printed on 10/16/2023 SCANNED Corpus Christi B Corporation - Type B Meeting Minutes - Final September 18, 2023 F. EXECUTIVE SESSION ITEMS: 3. 23-1438 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 economic development agreement(s) involving a potential economic development agreement with Corpus Christi PATCH Inc. and/or related entities regarding development of 715 N Chaparral St. 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 in or near the territory of the City of Corpus Christi and with which the corporation is conducting economic development negotiations and/or financial or other incentives involving said business prospect. President Olivarri referred to Executive Session Item 3. The Board went into Executive Session at 1:59 p.m. The Board returned from Executive Session at 2:33 p.m. President Olivarri stated the board had a discussion with the Regional Economic Development Corporation and asked staff to prepare an open session presentation for the next meeting. G. AGENDA ITEMS: H. PUBLIC HEARING: This agenda constitutes notice of any project or type of project that is the subject of a public hearing for purposes of section 505.160 of the Texas Local Government Code. 4. 23-1307 Public Hearing and Motion authorizing eight Corpus Christi B Corporation Small Business Assistance Agreements with the following entities for one year: one each with LiftFund, Inc., Service Corps of Retired Executives (SCORE), and Texas A&M University - Corpus Christi, and five with Del Mar College District for a total amount not to exceed $1,083,500.00 to assist small businesses within the City of Corpus Christi to create jobs and investment. President Olivarri referred to Item 4. President Olivarri opened the public hearing. There were no comments from the public. City of Corpus Christi Page 2 Printed on 10/16/2023 Corpus Christi B Corporation - Type B Meeting Minutes - Final September 18, 2023 President Olivarri closed public hearing. Mr. Valls made a motion to approve item 4, seconded by Mr. Wilson, and passed unanimously. 5. 23-1312 Public Hearing and Motion authorizing an amendment to a Small Business Incentives Agreement between the Corpus Christi B Corporation and Texas A&M University - Corpus Christi, and appropriation of funds from the unreserved fund balance which increases the funding by $25,000.00 for a total amount not to exceed $125,000.00 for the 2023 internship program. President Olivarri referred to Item 5. President Olivarri opened the public hearing. There were no comments from the public. President Olivarri closed public hearing. Mr. Wilson made a motion to approve item 5, seconded by Mr. Valls, and passed unanimously. 6. 23-1313 Public Hearing and Motion authorizing an amendment to a Small Business Incentives Agreement between the Corpus Christi B Corporation and Del Mar College, and appropriation of funds from the unreserved fund balance which increases the funding by $10,000.00 for a total amount not to exceed $110,000.00 for the 2023 internship program. President Olivarri referred to Item 6. President Olivarri opened the public hearing. There were no comments from the public. President Olivarri closed public hearing. Mr. Tamez made a motion to approve item 6, seconded by Mr. Wilson, and passed unanimously. I. PRESENTATION ITEMS: 7. 23-1483 Texas A&M University - Lone Star UAS Center of Excellence & Innovation Update President Olivarri referred to Item 7. Executive Director of Texas A&M University -Corpus Christi Lone Star UAS Center (LSUASC) of Excellence and Innovation Mike Sanders City of Corpus Christi Page 3 Printed on 10/16/2023 Corpus Christi B Corporation - Type B Meeting Minutes - Final September 18, 2023 presented a status update for the Lone Star UAS Center. Mr. Sanders presented the following items: Corpus Christi Regional Airspace Study; Airspace Recommendations; Implementation Activities; Mission Control Center Updates; Mission Control Center Hardware Updates; LSUASC New Personnel; Funding and Spending Usage; and External Funding FY2022-2023. Board Members, Mr. Sanders and President and Chief Executive Officer of Texas A&M University -Corpus Christi Dr. Kelly Miller discussed the following topics: whether an MOU will be submitted to Nueces County; if Texas A&M -CC has any research grants with Defense Advanced Research Project Agency (DARP); Dr. Miller thanked the board for their support and continuing work on capitalizing on new opportunities in Corpus Christi. 8. 23-1325 Corpus Christi Regional Economic Development Corporation (CCREDC) Quarterly Report President Olivarri referred to Item 8. Corpus Christi Regional Economic Development Corporation Compliance Officer Randy Almaguer presented the quarterly report for Type B projects. Mr. Almaguer presented the following projects: Botanical Gardens; Del Mar College Process Technology II; Next Sport Company; International Consulting Engineers; Texas A&M University - CC Industrial and Civil Engineering; Texas A&M University - Lone Star UAS Center; LiftFund Interest Buy -Down Program; Service Corps of Retired Executives (SCORE); Del Mar College Internship Program; Texas A&M University - Corpus Christi Internship Program; Del Mar College APEX Accelerator (formerly PTAC); Del Mar College Contract Resource Center (CRC) and Del Mar College -Small Business Development Center. There were no questions from the board. J. EXECUTIVE DIRECTOR COMMENTS: President Olivarri referred to the Executive Director comments. City Manager Peter Zanoni thanked Mr. Valls for his six years of service to the Type A & B Boards. K. ADJOURNMENT There being no further business, President Olivarri adjourned the meeting at 2:40 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 4 Printed on 10/16/2023