Loading...
HomeMy WebLinkAboutMinutes Reinvestment Zone No. 3 - 07/23/2019 Ci of Corpus Christi 1201 Leopard Street rift" `,7Corpus Christi,TX 78401 � cctexas.com f ! Meeting Minutes Reinvestment Zone No. 3 Tuesday,July 23,2019 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 9:32 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. Present 9- Chair Everett Roy, Board Member Roland Barrera, Board Member Rudy Garza, Board Member Paulette Guajardo, Board Member Gil Hernandez, Board Member Joe McComb, Board Member Ben Molina, Board Member Greg Smith, and Vice Chair Carolyn Vaughn Absent 3- Board Member Michael Hunter, Board Member Susan Hutchinson, and Board Member Al Jones Board Members Joe McComb and Gil Hernandez arrived at 9:33 a.m. C. PUBLIC COMMENT: Chairperson Roy referred to Public Comment.There were no comments from the public. D. MINUTES: 1. Approval of Minutes of the June 25, 2019 Regular Meeting Chairperson Roy referred to approval of minutes.Board Member Garza made a motion to approve the minutes,seconded by Board Member Molina and passed unanimously(Board Members Hunter,Hutchinson and Jones-absent). E. FINANCIAL REPORT: 2. TIRZ#3 Financial Reports as of May 31, 2019 City of Corpus Christi Page 1 Printed on 8/27/2019 SCANNED Reinvestment Zone No.3 Meeting Minutes July 23,2019 Chairperson Roy referred to Item 2.Interim Director of Financial Services Alma Casas presented the financial report for Reinvestment Zone No.3 ending May 31,2019 including:total assets; revenues;expenditures;commitment reports; and fund balance. F. EXECUTIVE SESSION ITEMS: Chairperson Roy referred to the day's Executive Session Items. Board Members went into executive session at 9:35 a.m.Board Members returned from executive session at 9:52 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 K Space Contemporary and/or other persons or entities desiring to engage in commercial development at or in the vicinity of 623 N Chaparral Street; 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 governing body seeks to have locate, stay, or expand within the City limits and with which the governing 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 Roy referred to Item 3 and the following motion was considered: Motion directing the City,as an agent of TIRZ#3,to prepare a Downtown Development Reimbursement Agreement with K Space Contemporary,for improvements to the property located at 623 North Chaparral Street for a total incentive amount not to exceed$6,490 under the New Tenant Commercial 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 Molina made a motion to approve the motion,seconded by Board Member Garza and passed unanimously(Board Members Hunter, Hutchinson and Jones-absent). G. AGENDA ITEMS: 4. Motion approving the reimbursement request for Tim Clower under the Downtown Development Reimbursement Agreement for 619 N Chaparral and authorizing the expenditure of$22,640.02. Chairperson Roy referred to Item 4.Executive Director of the Downtown Management District Alyssa Barrera Mason stated that the purpose of this Item is a request to approve the reimbursement of a project completed at 619 N. Chaparrel known as Fresco. Ms.Mason presented information on the following topics:history of assisting business from concept through getting certificate of occupancy; monies spent on the project; incentives for improvements;that these are small businesses and new concepts utilizing these spaces; photos of menu and storefront during City of Corpus Christi Page 2 Printed on 8/27/2019 Reinvestment Zone No.3 Meeting Minutes July 23,2019 a downtown event;and a recommendation to approve the request for reimbursement. Board Member Garza made a motion to approve Item 4,seconded by Board Member Molina and passed unanimously(Board Members Hunter,Hutchinson and Jones-absent). 5. Motion approving Amendment No. 5 to the Downtown Development Reimbursement Agreement for Studio 44 Apartments f/k/a "Studio 21" with Stonewater Properties 723 Broadway LLC and Stonewater Properties Carancahua Inc., which removes Section 1.(b) and 1.(c) effectively known as Phase II and Phase III. Chairperson Roy referred to Item 5.Executive Director of the Downtown Management District Alyssa Barrera Mason stated that the purpose of this item is to remove Phase II due to the sale of 723 Upper Broadway and to amend the requirements of Phase III for the parking facilities.One of the parking lots that was included in the incentive agreement was also sold along with 723 Upper Broadway. Ms.Mason presented information on the following topics:Stonewater Projects; Studio 44; Broadway Lofts;and parking improvements. Board members and Ms.Mason discussed the following topics:location of parking lot; number of parking spaces;additional improvements planned; number of units;and additional parking at Furman parking garage. Board Member Garza made a motion to approve Item 5,seconded by Board Member Barrera and passed unanimously(Board Members Hunter,Hutchinson and Jones-absent). H. PRESENTATION ITEMS: 6. Presentation on TIRZ#3 Downtown Streetscape & Safety Improvement Program Agreements for 623 N Chappral and 415-419 Peoples Street Chairperson Roy referred to Item 6.Executive Director of Downtown Management District Alyssa Barrera Mason presented information on the following topics:Traffic&Planning Analysis;Streetscape&Safety Program; FY18 Streetscape Projects; FY19 Projects-to-date;623 N.Chaparral;current condition; property repairs; project concept;and recommendation for 623 N. Chaparral. Board members and Ms.Mason discussed the following topics:cost of sidewalk repairs;trees damaging sidewalks;and preventative strategy. Ms.Mason also presented information on the following topics:Streetscape& Safety Improvement Program for 415-419 Peoples St;sample Streetscape& Safety Improvement;qualified sidewalk repairs;415-419 Peoples St;current condition;property repairs; project concept;and recommendation for 415-419 Peoples St. Board members,Ms.Mason and Business Liaison Arlene Medrano discussed the following topics:verifying actual expenditures; bidding process for City of Corpus Christi Page 3 Printed on 8/27/2019 Reinvestment Zone No.3 Meeting Minutes July 23,2019 sidewalk repair and/or replacement;property owners contracting their own sidewalk repairs;surveillance systems for entire downtown area;will ongoing maintenance of cameras be part of the maintenance budget;consulting with an arborist for tree recommendations to tenants;property owners maintaining trees;to include long term,ongoing costs in presentations;and why a government entity pays 40%more than a business owner. MOTION OF DIRECTION Board Member Guajardo made a motion directing City staff to prepare streetscape development reimbursement agreements for 623 N.Chaparral and 415-419 Peoples Street and to bring those agreements back to the Board for approval,seconded by Board Member Garza,and passed unanimously. 7. Progress Report on Downtown Vacant Building Ordinance Chairperson Roy referred to Item 7.Business Liaison Arlene Medrano presented information on the following topics:goals of the tax increment reinvestment zone#3;timeline for ordinance;example of ordinance; ordinance and citation process map;timeline for enforcement;downtown vacant building ordinance enforcement process;summary of properties as of July 15,2019;building to be demolished;buildings under tax increment reinvestment zone#3 incentives;properties in violation; properties in compliance; property still in violation; property now compliant;movement of properties in violation;and lessons learned and next steps. Board members,Ms.Medrano,and Commander David Blackmon discussed the following topics: if business owners were current with their property taxes; contacting business owners through certified mail; inventory of city property; and whether city property is held to same standards as business owners. 8. Update of TIRZ#3 Approved Programs and Initiatives- July 2019 Chairperson Roy referred to Item 8.Business Liaison Arlene Medrano presented the update on the TIRZ#3 approved programs and initiatives for July 2019,and highlighted projects close to completion. I. IDENTIFY FUTURE AGENDA ITEMS: Chairperson Roy referred to Identify Future Agenda Items.The following items were identified: FY20 budget; potential incentive applications; update on The Ritz;and the Seawall Steward Program. J. ADJOURNMENT The meeting was adjourned at 10:53 a.m. City of Corpus Christi Page 4 Printed on 8/27/2019 Reinvestment Zone No.3 Meeting Minutes July 23,2019 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. City of Corpus Christi Page 5 Printed on 8/27/2019