HomeMy WebLinkAboutMinutes Reinvestment Zone No. 3 - 02/27/2018 Cityof Corpus Christi 1201 Leopard Street
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2/ Meeting Minutes
Reinvestment Zone No. 3
Tuesday,February 27,2018 9:30 AM City Council Chambers
A. Chairperson Carolyn Vaughn to call the meeting to order.
Chairperson Carolyn Vaughn called the meeting to order at 9:30 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.
(Board Member Hunter arrived at 9:51 a.m.and Board Member McComb
arrived at 10:04 a.m.)
Present 11 - Chair Carolyn Vaughn, Board Member Rudy Garza, Board Member Paulette
Guajardo, Board Member Michael Hunter, Board Member Claudia Jackson,
Board Member Debbie Lindsey-Opel, Board Member Joe McComb,Board
Member Ben Molina,Vice Chair Mike Pusley,Board Member Lucy Rubio,
and Board Member Greg Smith
Absent 1 - Board Member Al Jones
C. PUBLIC COMMENT:
There were no comments from the public.
D. MINUTES:
1. Meeting Minutes-January 30, 2018
Chairperson Vaughn referred to approval of the minutes.
Board Member Rubio made a motion to approve the minutes,seconded by
Board Member Jackson,and passed unanimously.(Board Member Hunbt,
Jones and McComb-absent).
E. FINANCIAL REPORT:
2. TIRZ#3 Financial Reports as of December 31, 2017.
Chairperson Vaughn referred to Item 2.
Treasurer Constance Sanchez presented the financial reports for Reinvestment
Zone 83 ending December 31,2017; Revenues totaled$377,550;expenditures
totaled$248,102,with a net change in the fund balance of 3129,418.Transfers
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Reinvestment Zone No.3 Meeting Minutes February 27,2018
out totaled$3,825;excess of revenues and other financing sources over
expenditures and other uses totaled$125,623;total assets and the Fund
Balance equaled$3,751,684.
There were no questions from the board.
F. EXECUTIVE SESSION ITEMS:
Chairperson Vaughn referred to Executive Session Item 3.The Board went into
executive session at 9:32 a.m.The Board returned from executive session at
9:49 a.m.
3. 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 Cre8ive Culture LLC, and/or other
entities desiring to engage in commercial development at 423 William
Street in the downtown area 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 governmental body seeks to have locate, stay, or expand
in or near the territory of the governmental body and with which the
governmental body is conducting economic development negotiations
and/or financial or other incentives involving said business prospect, and
possible action related to the aforementioned matters in open session.
Chairperson Vaughn referred to Item 3 and requested Alyssa Barren come to
the podium and Introduce the two founding members of Cre8ive Culture,LLC,
Jeremy Wells and Jeremy Flores.Mr.Wells spoke about his philosophy on
what he hopes to bring to the downtown district with their company and what
they plan to do for the children in the community.
The following action was considered:Motion directing City staff,as an agent of
TIRZ#3,to prepare a Downtown Development Reimbursement Agreement with
Cre8ive Culture,LLC,for improvements to the property located at 423 William
Street for a total incentive amount not to exceed$6,910 under the New
Commercial Tenant Finish Out Grant Program,the incentive being contingent
on the subsequent execution of an agreement and approval of the agreement
by the Board,Board Member Lindsey-Opel made a motion to approve the
motion,seconded by Board Member Molina.This Motion was passed and
approved unanimously.(Board Member Jones and McComb-absent).
G. AGENDA ITEMS: (ITEMS 4-5)
4. Clock Tower Apartments-Agreement Termination
Motion approving an agreement with CT Corpus 149, Ltd. to terminate
the TIRZ#3 incentive agreement with said entity that was approved on
September 27, 2016.
Chairperson Vaughn referred to Item 4.
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Assistant City Manager Keith Selman stated that the Clock Tower Apartments
have requested to terminate their agreement due to being unable to provide a
start date to begin construction.Board Member Pusley questioned whether the
developer would maintain the property;citing the numerous code enforcement
violations currently with the property.Mr.Selman stated they are aware of
those violations and will continue enforcement efforts.
Board Member Garza made a motion to approve the motion,seconded by
Board Member Lindsey-Opel.This motion was passed and approved
unanimously(Board Member Jones and McComb-absent).
5. Downtown Traffic and Planning Analysis
Discussion regarding the Downtown Traffic and Planning Analysis; and
motion authorizing the use of $200,000 for the conversion of one-way
street-segments to two-way operations between Water Street and Shoreline
Boulevard in the Marina Arts District.
Chairperson Vaughn referred to Item 5.
Karen Costanza with Planning and ESI presented the downtown traffic and
planning analysis and the recommendations that are being made to implement
changes in the downtown traffic pattern.
Board Members and Ms.Costanza discussed the following topics:the feasibility
of two-way conversion based on lane width and continued on-street parking;
road test results from Downtown Management District Executive Director Alyssa
Barrera;feedback from the City's Traffic Engineer Raymond Chong regarding
the width of the road and the space available in travel lanes.
Board Member Pusley made the motion to approvethe motion,seconded by
Lucy Rubio.This motion was passed and approved unanimously(Board
Member Jones and McComb-absent).
H. PRESENTATION ITEMS: (ITEMS 6-7)
6. Parking Implementation Plan
Chairperson Vaughn referred to Item 6.
Downtown Management District Executive Director Alyssa Barrera presented
the Parking Implementation Plan.
Board Members and Ms.Barren discussed the following topics relating to the
Parking Implementation Plan:the zoning and permit requirements for the
parking lots; how the lot owners would apply for these funds;accessibility
options for the lots.
7. Update of TIRZ#3 Approved Programs and Initiatives-February
2018
Assistant City Manager Keith Selman presented the status of each of the
Project Incentive Programs and Intiatives in the February 2018 report.
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Board members expressed interest in having this become a regular item on
the agenda and Mr.Selman confirmed these updates would continue.
IDENTIFY FUTURE AGENDA ITEMS:
Chairperson Vaughn referred to Identify Future Agenda Items.Downtown
Management District Executive Director Alyssa Barran stated that she would
identify these due to the current transition of responsibilities with her departure
from the City to the Downtown Management District.
Ms.Barren stated that in the future,based on available time,the following
would be discussed:business Incentives,traffic planning analysis draft of full
report and the vacant building ordinance.
Board Member Pusley requested an update on the status of filling Ms.Barrera's
former position,City Business Liaison.City Manager Margie C.Rose stated the
City is currently recruiting for the position.
J. ADJOURNMENT
The meeting was adjourned at 10:35 a.m..
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