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HomeMy WebLinkAboutMinutes Reinvestment Zone No. 2 - 07/20/2021 City of Corpus Christi 1201 Leopard Street Corpus Christi,TX 78401 yy cctexas.com �� I Meeting Minutes sobs Reinvestment Zone No. 2 - Island Tuesday,July 20,2021 9:00 AM Council Chambers A. Chair Greg Smith to call the meeting to order. Chairman Smith called the meeting to order at 9:00 a.m. B. City Secretary Rebecca Huerta to call roll of the Corporation Directors. City Secretary Rebecca L. Huerta called the roll and verified that a quorum of the Board was present to conduct the meeting. Note: Board Members Barbara Canales, Jim Needham and Sylvia Tryon Oliver participated by video conference. Board Member Michael Hunter arrived at 9:06 a.m. Board Member Laurie Turner arrived at 9:05 a.m. Present 12- Chair Greg Smith, Board Member Barbara Canales, Board Member Paulette M. Guajardo, Board Member Gil Hernandez, Board Member Michael Hunter, Board Member Billy A. Lerma, Board Member John Martinez. Board Member Ben Molina, Board Member Jim Needham, Board Member Sylvia Oliver. Vice Chair Mike Pusley, and Board Member Laurie Turner Absent 2- Board Member Roland Barrera, and Board Member Brent Chesney C. PUBLIC COMMENT: Chairman Smith referred to Public Comment. Jay Gardner, 3922 Sweet Bay Dr., spoke regarding the need to continue the TIRZ No. 2 on the Island and encouraged the Board to work with Nueces County to get maximum funds. D. MINUTES: 1. 21-0835 Approval of the June 22, 2021 Regular Meeting Minutes. Chairman Smith referred to Item 1. Board Member Guajardo made a motion to approve the minutes, seconded by Board Member Hernandez and passed unanimously. E. FINANCIAL REPORT: City of Corpus Christi Page 1 Printed on 8/3/2021 Reinvestment Zone No.2-Island Meeting Minutes July 20, 2021 2. 21-0854 TIRZ#2 Financial Reports as of May 31, 2021 Chairman Smith referred to Item 2. Director of Finance Heather Hurlbert presented the financial report for the eight months ended May 31, 2021; and TIRZ No. 2 CIP projects. A Board Member, Director Hurlbert and Director of Engineering Jeff Edmonds discussed the following topics: a Board Member's concern that the S4 million may be under funded for dredging. F. EXECUTIVE SESSION ITEMS: None G. AGENDA ITEMS: 3. 21-0823 Resolution approving the Proposed Fiscal Year 2022 Tax Increment Reinvestment Zone Number Two Operating Budget in the amount of$5,121,746 in revenues and $1,754,276 in expenditures to become effective upon City Council approval during the normal budget process. Chairman Smith referred to Item 3. There were no comments from the Board. Board Member Guajardo made a motion to approve the resolution, seconded by Board Member Molina. This Resolution was passed and approved with the following vote: Aye: 12- Chair Smith, Board Member Canales, Board Member Guajardo, Board Member Hernandez, Board Member Hunter, Board Member Lerma, Board Member Martinez, Board Member Molina, Board Member Needham, Board Member Oliver. Vice Chair Pusley, and Board Member Turner Absent: 2- Board Member Barrera. and Board Member Chesney Abstained: 0 H. PRESENTATION ITEMS: 4. 21-0855 Packery Channel Update. Chairman Smith referred to Item 4. Director of Intergovernmental Relations Tammy Embrey presented information on the following topics: post Harvey damage aerial photo; aerial photo in January of 2020; timeline for assistance efforts; and recent activity. Board Members, Director Embrey, City Manager Peter Zanoni and Director of Engineering Services Jeff Edmonds discussed the following topics: the projects discussed will be funded using TIRZ funds; the City can advertise for bids, but cannot City of Corpus Christi Page 2 Printed on 8/3/2021 Reinvestment Zone No. 2-Island Meeting Minutes July 20,2021 award the project until an approved project worksheet is received; repairs have to be complete before the project can begin; the City will be proactive in reaching out to potential bidders; and the Board Members will receive a weekly update regarding the status of the bids. I. ADJOURNMENT This meeting was adjourned at 9:25 a.m. City of Corpus Christi Page 3 Printed on 8/3/2021