HomeMy WebLinkAboutMinutes Reinvestment Zone No. 2 - 06/22/2021 444::: \
1201 Leopard Street
City of Corpus Christi
Corpus Christi,TX 78401
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Meeting Minutes
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Reinvestment Zone No. 2 - Island
Tuesday,June 22, 2021 9:00 AM Council Chambers
A. Chair Greg Smith to call the meeting to order.
Vice Chair Pusley called the meeting to order at 9:06 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 Roland Barrera arrived at 9:35 a.m.
Present 12- Board Member Roland Barrera, 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- Chair Greg Smith, and Board Member Brent Chesney
C. PUBLIC COMMENT:
Vice Chair Pusley referred to Public Comment. There were no public comments.
D. MINUTES:
1. 21-0659 Approval of the Minutes of the March 16, 2021 Reinvestment Zone No. 2 Regular
Meeting.
Vice Chair Pusley referred to Item 1.
Board Member Hernandez made a motion to approve the minutes, seconded by Board
Member Lerma and passed unanimously.
E. FINANCIAL REPORT:
2. 21-0662 TIRZ#2 Financial Reports as of April 30, 2021
Vice Chair Pusley referred to Item 2.
Director of Finance Heather Hurlbert presented the financial report for the seven months
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Reinvestment Zone No.2-Island Meeting Minutes June 22,2021
ended April 30, 2021 and the TIRZ No. 2 CIP projects.
Board Members, Director Hurlbert, Director of Intergovernmental Relations Tammy
Embrey and City Manager Peter Zanoni discussed the following topics: $8.5 million is
available for repairs and dredging for the Packery Channel; FEMA is meeting with the
City to discuss further eligibility and the Hurricane Harvey projects deadline is August; the
City has submitted requests for proposals if FEMA does not cover this project; and the
dredge material will be used to replenish the beach.
F. EXECUTIVE SESSION ITEMS: None
G. AGENDA ITEMS:
3. 21-0726 Motion to approve Rules of Procedure for the Tax Increment Reinvestment Zone
No. 2 and provide an alternative method in which items are placed on a meeting
agenda.
Vice Chair Pusley referred to Item 3.
Senior Management Analyst Randy Almaguer stated that the purpose of this item is to
provide an alternative method for placing items on the agenda. The proposed
amendment would allow 4 board members to place an item on the agenda.
A Board Member and City Secretary Rebecca Huerta discussed the following topics: the
purpose of this change is to standardize the TIRZ board procedures for adding items to
the agenda.
Board Member Guajardo made a motion to approve the motion, seconded by Board
Member Hunter. This Motion was passed and approved with the following vote:
Aye: 12- Board Member Barrera, 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- Chair Smith, and Board Member Chesney
Abstained: 0
H. PRESENTATION ITEMS:
4. 21-0729 Presentation of the Proposed FY 21-22 Reinvestment Zone#2 Budget.
Vice Chair Pusley referred to Item 4.
Director of Management and Budget Eddie Houlihan presented information on the
following topics: budgeted revenues; proposed expenses; and budget overview.
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Reinvestment Zone No.2-Island Meeting Minutes June 22,2021
Board Members, Director Houlihan and City Manager Peter Zanoni discussed the
following topics: in FY20 about $15.9 million of the encumbered funds were transferred
to the capital budget.
5. 21-0739 Discussion on Expiration of Tax Increment Reinvestment Zone#2 - Island TIRZ.
Vice Chair Pusley referred to Item 5.
Director of Finance Heather Hurlbert presented information on the following topics: TIRZ
#2 background; extension of TIRZ duration; steps to updating financing plan; project plan;
procedure for creating/extending TIRZ; and next steps.
Board Members, Director Hurlbert, Assistant City Attorney Aimee Alcorn-Reed and City
Manager Peter Zanoni discussed the following topics: a Board Member's concern that
this TIRZ does not meet the legislation requirements and that the city could be vulnerable
to lawsuits; Island Strategic Action Committee (ISAC) has been working on a list of
projects from the 2020 bond program; Del Mar contributed to TIRZ projects from 2000 to
2009; this TIRZ needs to be extended by Spring of 2022; this TIRZ has 100% of the City's
property tax; and the property taxes stay in the general fund.
ADJOURNMENT
This meeting was adjourned at 9:43 a.m.
'Regardless of the agenda heading under which any item is listed,any word or phrase of any item listed on this agenda shall
be considered a subject for consideration for purposes of the Texas Open Meetings Act and other relevant laws,and the
Board of Directors may deliberate and vote upon any such subject and resolutions related thereto.Any descriptions of
property or amounts stated in this agenda are descriptive and not restrictive,and property and amounts may be changed in
the motions,actions or documents.In addition to other items listed in this agenda,policies and procedures of this
corporation,legal analysis of any items,policies or procedures,and any items that are currently receiving funding from this
corporation may be discussed and deliberated and these matters are added as subjects of discussion to this meeting. This
agenda has been reviewed and approved by the attorney for the governing body,and the presence of any subject or
description in the Executive Session portion of this agenda constitutes a written interpretation of Chapter 551 of the Texas
Local Government Code by the attorney for this corporation indicating that said subject or description thereof may be legally
discussed in a closed meeting.
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