HomeMy WebLinkAboutMinutes Reinvestment Zone No. 3 - 11/19/2019 (tN
Cit/ of Corpus Christi 1201 Leopard Street
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Meeting Minutes
Reinvestment Zone No. 3
Tuesday,November 19,2019 9:30 AM City Council Chambers
A. Chairman Everett Roy to call the meeting to order.
Chairman Roy called the meeting to order at 9:30 a.m.
B. City Secretary Rebecca Huerta to call roll of the Corporation Directors.
Secretary Rebecca L.Huerta called the roll and verified that a quorum of the
Board was present to conduct the meeting.
Board Member Barrera arrived at 9:40 a.m.
Present 10- Chair Everett Roy, Board Member Roland Barrera, Board Member Rudy
Garza, Board Member Paulette Guajardo, Board Member Gil Hernandez,
Board Member Greg Smith, Board Member Susan Hutchinson, Board
Member Al Jones, Board Member Joe McComb, and Board Member Ben
Molina
Absent 2- Board Member Michael Hunter,and Vice Chair Carolyn Vaughn
C. PUBLIC COMMENT:
Chairman Roy referred to Public Comment.There were no comments from
the public.
D. MINUTES:
1. Approval of Minutes of the September 17, 2019 Regular Meeting
Chairperson Roy referred to approval of the minutes.Board Member Garza
made a motion to approve the minutes,seconded by Board Member Guajardo
and passed unanimously(Board Members Hunter,Vaughn and Barrera-
absent).
E. FINANCIAL REPORT:
2. TIRZ#3 Financial Reports as of September 30, 2019
Chairman Roy referred to Item 2.
Treasurer Alma Casas presented the financial report for Tax Reinvestment
Zone No.3 ending September 30,2019 including:total assets; revenues;
expenditures;commitment reports;and fund balance.
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Reinvestment Zone No.3 Meeting Minutes November 19,2019
There were no questions or comments from board members.
F. EXECUTIVE SESSION ITEMS: (NONE)
G. AGENDA ITEMS:
3. Motion approving Amendment No. 1 to the Downtown Development
Reimbursement Agreement for K Space Contemporary, which provides
that the Developer must complete improvements on or before February
29, 2020, effective upon signature by the City Manager or designee.
Chairman Roy referred to Item 3.
Real Estate and Main Street Manager with the Downtown Management District
Jason Alaniz stated that the purpose of this item is to extend the deadline to
complete improvements from the end of November 2019 to February 29,2020.
Board members and Mr.Alaniz discussed if the developer has funds available
to complete the project.
Board Member Garza made a motion to approve Item 3,seconded by Board
Member Molina and passed unanimously(Board Members Hunter,Vaughn and
Barrera-absent).
4. Motion to approve a Downtown Streetscape Reimbursement Agreement
with James Kim for improvements to the property located at 415 N Water
Street (Aka Sushi Japanese Restaurant)for an incentive amount not to
exceed $117,300, effective upon signature by the City Manager or
designee and ending April 30, 2020
Chairman Roy referred to Item 4.
Real Estate and Main Street Manager with the Downtown Management District
Jason Alaniz stated that the purpose of this item is to approve a streetscape
reimbursement agreement with Aka Sushi at 415 N.Water St.for facade
improvements.
Mr.Alaniz presented information on the following topics: current condition of
415 N.Water St.,property repairs;exterior concept;interior concept of first and
second floors;and recommendation.
A board member thanked Mr.and Mrs.Kim for their food and willingness to
upgrade their restaurant.
Board Member Guajardo made a motion to approve Item 4,seconded by Board
Member Molina and passed unanimously(Board Members Hunter and Vaughn
-absent).
5. Motion approving the addition of Window Displays as an Eligible
Improvement under the TIRZ#3 Downtown Streetscape& Safety
Improvement Program.
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Chairman Roy referred to Item 5.
Executive Director of the Downtown Management District Alyssa Barrera Mason
stated that the purpose of this item is to update the Downtown Streetscape and
Safety Improvement Program to extend the qualifications to include window
displays.
Ms.Mason presented before-and-after photos of examples of upgraded window
displays.
Board members and Ms.Mason discussed the following topics: how the
program will be implemented;that the existing dollar cap on spending by
project will remain unchanged; if improvements that are funded through the
program will be for permanent or temporary window displays;limiting funding
to one window store front project per store;if store owners would be able to
obtain funding more than once;improving permanent window displays,not
seasonal displays.
Board Member Hernandez made a motion to approve Item 5,authorizing
permanent window display fixtures and improvements as an additional
category under the Downtown Streetscape and Safety Improvement Program,
seconded by Board Member Garza and passed unanimously(Board Members
Hunter and Vaughn-absent).
H. PRESENTATION ITEMS:
6. Update of TIRZ#3 Approved Programs and Initiatives- October 2019
Chairman Roy referred to Item 6.
Business Liaison Arlene Medrano presented the October 2019 Update of TIRZ#3
Approved Programs and Initiatives.
Board members and Business Liaison Medrano,Executive Director of the
Downtown Management District Alyssa Barrera Mason and Treasurer Alma
Casas discussed the following topics: if guests at Residence Inn are using the
Water's Edge Parking lot at night;a request for before-and-after photos of
TIRZ#3 funded projects to be displayed on the internet;the uncommitted fund
balance available to accelerate improvements downtown;displaying
TIRZ#3-related information on the internet,including financial transparency
reporting;and if there is a need to have the next meeting scheduled for
December 17,2019.
I. IDENTIFY FUTURE AGENDA ITEMS:
Chairman Roy referred to Identify Future Agenda Items. No items were
discussed or identified.
J. ADJOURNMENT
The meeting was adjourned at 10:10 a.m.
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