HomeMy WebLinkAboutMinutes Reinvestment Zone No. 2 - 02/15/2022 City of Corpus Christi 1201 Leopard Street
Corpus Christi,TX 78401
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°'4.11_,) Meeting Minutes
Reinvestment Zone No. 2 - Island
Tuesday, February 15, 2022 10:00 AM Council Chambers
A. Chairman Greg Smith to call the meeting to order.
Chairman Smith called the meeting to order at 10:02 a.m.
B. City Secretary Rebecca Huerta to call roll of the Corporation Directors.
Assistant City Secretary Ruth Bocchino called the roll and verified that a quorum of the
Board was present to conduct the meeting.
Note: Board Members Barbara Canales, Brent Chesney and Sylvia Tryon Oliver
participated by video conference.
Present 11 - Chair Greg Smith, Board Member Roland Barrera, Board Member Barbara Canales,
Board Member Paulette M. Guajardo, Board Member Gil Hernandez, Board Member Billy
A. Lerma, Board Member John Martinez, Board Member Ben Molina, Board Member
Sylvia Oliver, Vice Chair Mike Pusley, and Board Member Brent Chesney
Absent 3- Board Member Michael Hunter, Board Member Jim Needham, and Board Member Laurie
Turner
C. PUBLIC COMMENT:
Chairman Smith referred to Public Comment.
Jay Gardner, 3922 Sweet Bay Dr., spoke in support of renewing TIRZ#2.
Charles Duffley, 112 Lance Lane, Victoria, TX, commended City Manager and staff for
receiving FEMA money.
D. MINUTES:
1. 22-0178 Approval of the July 20, 2021 Reinvestment Zone No. 2 Meeting Minutes and
December 14, 2021 Special Meeting.
Chairman Smith referred to Item 1.
Board Member Guajardo made a motion to approve the minutes, seconded by Board
Member Molina and passed unanimously.
E. FINANCIAL REPORT:
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2. 22-0211 TIRZ#2 Financial Reports as of December 31, 2021
Chairman Smith referred to Item 2.
Director of Finance Heather Hurlbert presented the financial position for the three months
ended December 31, 2021; and TIRZ No. 2 CIP projects.
A Board Member and City Manager Peter Zanoni discussed the following topics: the
dredging at Packery Channel will be done once repairs are complete.
F. EXECUTIVE SESSION ITEMS:
3. 22-0304 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 extension of the term of Tax
Increment Reinvestment Zone No. 2, changes to the boundaries of the Zone,
participation of taxing entities in the Tax Increment Fund, expiration of the Tax
Increment Reinvestment Zone No. 2, and/or other matters related thereto.
This E-Session Item was withdrawn.
H. PRESENTATION ITEMS:
4. 22-0295 Tax Increment Reinvestment Zone#2 - Option to Extend Term
Chairman Smith referred to Item 4.
Director of Finance Heather Hurlbert presented information on the following topics: TIRZ
#2 option to extend term; discussion; original purpose; TIRZ boundaries; projects
included in the project and financing plan; permissibility of term and boundary revisions;
permissibility of term; boundary revisions; revenue; current revenue; current available
balances; future revenues; identified needs; allowable uses; project and financing plan
amendment; project and financing plan; proposed projects; and next steps.
Board Members, Director Hurlbert, City Manager Peter Zanoni and Assistant City
Attorney Aimee Alcorn-Reed discussed the following topics: a Board Member's request
for a list of specific projects that have been done to date and how much of the funding has
been spent; if the TIRZ didn't exist, then funding for the projects would have to come from
bond elections and City's fund balances; revenue generated on the island, funds the
projects for the island; staff recommends extending the TIRZ for 20 years; no more than
30% of an area within a TIRZ can be residential; the Board needs to decide what the
contribution percentage should be; a Board Member's request for this presentation to be
given to the Commissioners Court; and a Board Member's desire to include Bob Hall
Pier in the TIRZ.
5. 22-0291 Packery Channel Maintenance
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Chairman Smith referred to Item 5.
Director of Engineering Services Jeff Edmonds presented information on the following
topics: Packery Channel: vicinity map; maintenance requirements; and key points.
Board Members and Director Edmonds discussed the following topics: Lake Padre has
a lot of undeveloped acreage; a better job needs to be done with maintaining Packery
Channel; the depth of Reach 1 is 8.65 feet and Reach 2 is 7 feet; and the Packery
Channel dredging will not be able to keep up with the beach nourishment needs.
6. 22-0292 Mobility Plan for North Padre Island
Chairman Smith referred to Item 6.
Director of Planning Daniel McGinn presented information on the following topics: Padre
Island Mobility plan Padre/Mustang Island area development plan: adopted 6-29-21,
Island Mobility Plan; and short-term projects (1-5 years).
Board Members and Director McGinn discussed the following topics: a Board Member's
request to receive presentations before the meetings; and the mobility plan is about
alternate forms of transportation.
ADJOURNMENT
This meeting was adjourned at 11:25 a.m.
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