HomeMy WebLinkAboutMinutes Reinvestment Zone No. 3 - 09/17/2019 Ci of Corpus Christi 1201 Leopard Street
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Meeting Minutes
Reinvestment Zone No. 3
Tuesday,September 17,2019 9:30 AM City Council Chambers
Persons with disabilities who plan to attend this meeting and who may need auxiliary
aids or services are requested to contact the City Secretary's office (at 361-826-3105) at
least 48 hours in advance so that appropriate arrangements can be made.
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.
City Secretary Rebecca L.Huerta called the roll and verified that a quorum of
the Board was present to conduct the meeting.
Board Member Gil Hernandez arrived at 9:33 a.m.
Present 11 - Chair Everett Roy, Board Member Roland Barrera, Board Member Rudy
Garza, Board Member Paulette Guajardo, Board Member Gil Hernandez,
Board Member Michael Hunter, Board Member Susan Hutchinson, Board
Member Al Jones, Board Member Joe McComb, Board Member Ben
Molina, and Board Member Greg Smith
Absent 1 - Vice Chair Carolyn Vaughn
C. PUBLIC COMMENT:
Chairperson Roy referred to Public Comment.There were no comments from
the public.
PLEASE BE ADVISED THAT THE OPEN MEETINGS ACT PROHIBITS THE
BOARD OF DIRECTORS FROM RESPONDING AND DISCUSSING YOUR
COMMENTS AT LENGTH. THE LAW ONLY AUTHORIZES THEM TO DO THE
FOLLOWING:
1. MAKE A STATEMENT OF FACTUAL INFORMATION.
2. RECITE AN EXISTING POLICY IN RESPONSE TO THE INQUIRY.
3.ADVISE THE CITIZEN THAT THIS SUBJECT WILL BE PLACED ON AN
AGENDA
AT A LATER DATE.
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Reinvestment Zone No.3 Meeting Minutes September 17,2019
D. MINUTES:
1. Approval of Minutes of the August 27, 2019 Regular Meeting
Chairperson Roy referred to approval of minutes.Board Member Garza made a
motion to approve the minutes,seconded by Board Member Guajardo and
passed unanimously(Board Members Vaughn and Hernandez were absent).
E. FINANCIAL REPORT:
2. TIRZ#3 Financial Reports as of July 31, 2019
Chairperson Roy referred to Item 2.Treasurer Constance Sanchez presented
the financial report for Reinvestment Zone No.3 ending July 31,2019 including:
total assets; liabilities; revenues;expenditures;other financing sources(uses);
commitment reports;and fund balance.
F. EXECUTIVE SESSION ITEMS: (None)
G. AGENDA ITEMS:
3. Motion to approve a Downtown Development Reimbursement
Agreement with 31102, LLC for improvements to the property located at
201 S Chaparral Street for a total incentive amount not to exceed
$220,000, effective upon signature by the City Manager or desginee.
Chairperson Roy referred to Item 3. Chairperson Roy requested that items 3,4
and 5 be consolidated since they were previously reviewed and no
presentation is required.
City Secretary Rebecca Huerta announced Board Member Molina would
abstain from Item 5.
Board Member Garza made a motion to approve Items 3 and 4,seconded by
Board Member Barrera and passed unanimously(Board Member Vaughn-
absent).
4. Motion to approve a Downtown Development Reimbursement
Agreement with 807 N Upper Broadway, LLC for improvements to the
property located at 807 N Upper Broadway for a total incentive amount
not to exceed $520,000, effective upon signature by the City Manager or
designee.
Refer to Item 3.
5. Motion to approve a Downtown Development Reimbursement
Agreement with Corpus Christi PATCH, Inc. for improvements to the
property located at 715 N Chaparral Street for a total incentive amount
not to exceed $100,000, effective upon signature by the City Manager or
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Reinvestment Zone No.3 Meeting Minutes September 17,2019
designee.
Chairperson Roy referred to Item 5.Board Member Garza made a motion to
approve Item 5,seconded by Board Member Guajardo and passed
unanimously(Board Member Molina abstained; Board Member Vaughn-
absent).
6. Motion to approve a reimbursement request with Centre Theatre, LLC
under the Downtown Development Reimbursement Agreement for 301 &
305 N Chaparral Street and authorizing the expenditure of$18,964.
Chairperson Roy referred to Item 6.The Downtown Management District's Real
Estate&Main Street Manager Jason Alaniz stated that the purpose of this item
is a reimbursement request with Centre Theatre,LLC under the Downtown
Development Reimbursement Agreement for 301 &305 N.Chaparral Street.
Board Member Smith made a motion to approve Item 6,seconded by Board
Member Molina and passed unanimously(Board Member Vaughn-absent).
7. Motion to approve a Streetscape Reimbursement Agreement with KPL
Holdings LLC for improvements to the property located at 424 N
Chaparral Street for an incentive amount not to exceed $45,700, effective
upon signature by the City Manager or designee.
Chairperson Roy referred to Item 7.The Downtown Management District's Real
Estate&Main Street Manager Jason Alaniz stated the purpose of this item is to
authorize a Reimbursement Agreement for the facade renovation of 424 N.
Chaparral Street,through the Downtown Streetscape&Safety Improvement
Program in the amount of$45,700.
Mr.Alaniz presented information on the following topics:Traffic&Planning
Analysis;Streetscape&Safety Program details and eligible improvements;
displayed current condition of 424 N.Chaparral;project repair and
improvement cost;exterior and mural concepts;and recommendation.
Board Members and Mr.Alaniz discussed the following topics:the eligible
improvements presented on slide 3 and whether the property was owned or
leased.
Board Member Hunter made a motion to approve Item 7,seconded by Board
Member Guajardo and passed unanimously(Board Member Vaughn-absent).
8. Motion to renew the Interlocal Cooperation Agreement between Corpus
Christi Tax Increment Reinvestment Zone#3 (TIRZ#3) and the Corpus
Christi Downtown Management District (DMD) to encourage the
redevelopment of TIRZ#3, approve a Service Plan for Fiscal Year 2020
and ratify the Budget amount of$510,000.
Chairperson Roy referred to Item 8.Business Liaison Arlene Medrano stated
that the purpose of this Item is to renew the Interlocal Cooperation Agreement
between Corpus Christi Tax Increment Reinvestment Zone#3(TIRZ#3)and the
Corpus Christi Downtown Management District(DMD)to encourage the
redevelopment of TIRZ#3;approve a Service Plan for Fiscal Year 2019-2020;
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Reinvestment Zone No.3 Meeting Minutes September 17,2019
and ratify the Budget amount of$510,000.
Business Liaison Medrano presented information on the following topics:an
overview of the Downtown Management District;Accomplishments for FY2019;
FY2020 Integrated DMD&TIRZ#3 Service Plan; District Operations;
Development&Improvements;Communication&Events;and Operational
Management.
Board Member Molina made a motion to approve Item 8,seconded by Board
Member Smith and passed unanimously(Board Member Vaughn-absent).
H. PRESENTATION ITEMS:
9. Update of TIRZ#3 Approved Programs and Initiatives -August 2019
Chairperson Roy referred to Item 9.Business Liaison Arlene Medrano
presented the monthly update for TIRZ#3 Approved Programs and Initiatives
for August 2019.
There were no questions from the Board.
IDENTIFY FUTURE AGENDA ITEMS:
J. ADJOURNMENT
The meeting was adjourned at 9:51 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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