Loading...
HomeMy WebLinkAboutMinutes Corpus Christi Business and Job Development Corporation (Type A) - 06/17/2024City of Corpus Christi 011 G Corpus Christi Business and Job Development Corporation - Type A Meeting Minutes - Final 1201 Leopard Street Corpus Christi, TX 78401 cctexas.com Monday, June 17, 2024 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 3:17 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: 6 - President Leah Pagan Olivarri, Secretary Diana Summers, Board Member Robert Tamez, Vice -President Alan Wilson, Board Member Jesus Jimenez and Board Member Mark LaRue C. PUBLIC COMMENT: President Olivarri referred to Public Comment. There were no comments from the public. D. MINUTES / EXCUSE ABSENCES 1. 24-0954 Approval of Minutes for the Type A May 20, 2024 Regular Meeting. President Olivarri referred to Item 1. Mr. Tamez made a motion to approve the minutes as presented, seconded by Mr. La Rue, and passed unanimously. E. FINANCIAL REPORT 2. 24-0886 Type A Financial Reports as of April 30, 2024 President Olivarri referred to Item 2. Assistant City Manager Heather Hurlbert presented City of Corpus Christi Page 1 Printed on 7/15/2024 SCANNED Corpus Christi Business and Job Development Corporation - Type A Meeting Minutes - Final June 17, 2024 the financial reports as of April 30, 2024. F. EXECUTIVE SESSION ITEMS: G. AGENDA ITEMS: I. PRESENTATION ITEMS: 3. 24-0990 Presentation and discussion on the Proposed FY 2024-2025 Corpus Christi and Job Development Corporation Budget President Olivarri referred to Item 3. Assistant City Manager Heather Hurlbert presented on the Proposed FY 2024-2025 Corpus Christi Business and Job Development Corporation Budget. Ms. Hurlbert presented the following: Budget Overview Seawall; Budgeted Revenues -Seawall; Proposed Expenses -Seawall; CIP-Seawall Project Budgets and Current Projects; CIP-Seawall Project Budgets and Current Projects; CIP-Seawall Projects Budgets and Proposed FY2025 Projects; Approved FY2024 CIP-Seawall; Proposed FY2025 CIP-Seawall; Budget Overview -Seawall Debt Services; Budget Overview -Arena Facility; Budgeted Revenues -Arena Facility; Proposed Expenses -Arena Facility; Transfer to Arena CIP; Transfer to Visitors Facilities; Arena Marketing Co -Promotion; Capital Projects; Budget Overview -Arena Debt Services; Budget Overview -Business & Job Development; Budgeted Revenues -Business & Job Development; Proposed Expenses -Business & Job Development; Affordable Housing; and Major Business Incentives. Board Members and Ms. Hurlbert discussed the following topics: requested an update on the assessment for the breakwater; the number of suites in the American Bank Center; types of improvements being made to the suites; and the amount budgeted for arena maintenance. J. EXECUTIVE DIRECTOR COMMENTS: President Olivarri referred to the Executive Director comments. City Manager Peter Zanoni had no comments. K. ADJOURNMENT There being no further business, President Olivarri adjourned the meeting at 3:49 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 2 Printed on 7/15/2024