HomeMy WebLinkAboutMinutes Reinvestment Zone No. 3 - 07/27/2021City of Corpus Christi
Meeting Minutes
Reinvestment Zone No. 3 - Downtown
1201 Leopard Street
Corpus Christi, TX 78401
cctexas.com
Tuesday, July 27, 2021
9:30 AM Council Chambers
A. Chair Billy Lerma to call the meeting to order.
Chairman Lerma called the meeting to order at 9:33 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.
Note: Board Member Barbara Canales participated by video conference.
Present 12 - Board Member Billy A. Lerma, Board Member Roland Barrera, Board Member Barbara
Canales, Board Member Paulette M. Guajardo, Board Member Gil Hernandez, Board
Member Michael Hunter, Board Member Susan Hutchinson, Board Member John
Martinez, Board Member Ben Molina, Board Member Mike Pusley, Board Member James
Sedwick, and Board Member Greg Smith
C. PUBLIC COMMENT:
Chairman Lerma referred to Public Comment. There were no public comments.
D. MINUTES:
1. 21-0837 Approval of the June 22, 2021 Regular Meeting Minutes.
Chairman Lerma 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:
2. 21-0856 TIRZ #3 Financial Reports as of May 31, 2021
Chairman Lerma referred to Item 2.
Director of Finance Heather Hurlbert presented the financial report for Tax Reinvestment
Zone No. 3 for the eight months ended May 31, 2021, including: commitments; project
specific development; target vacant property improvement grant; downtown living
initiative; new tenant commercial finish out; and streetscape and safety improvement
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Reinvestment Zone No. 3 -
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Meeting Minutes July 27, 2021
program.
There were no questions from the Board.
F. EXECUTIVE SESSION ITEMS:
Chairman Lerma referred to Executive Session Item 3. The Board went into Executive
Session at 9:37 a.m. The Board returned from Executive Session at 10:23 a.m.
3. 21-0894 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 potential TIRZ #3 Reimbursement Agreement(s) with
Caitlin Shook and/or 300 Chaparral, LLC regarding development,
re -development, or expansion of the development at 312 S. Chaparral, including
issues related to proposed incentive agreement(s) in an estimated total amount
not to exceed $86,743.00; 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(s).
The following motions were considered:
Board Member Pusley made a motion authorizing a downtown development
reimbursement agreement with Caitlin Shook, in an amount not to exceed $66,743, for
improvements to the property located at 312 S. Chaparral Street under the New Tenant
Commercial Finish Out Program and the Streetscape and Safety Improvement Program,
seconded by Board Member Smith.
Board Member Pusley made a motion authorizing a downtown development
reimbursement agreement with 300 Chaparral LLC, in an amount not to exceed
$20,000.00 for improvements to the property located at 312 S. Chaparral Street under
the New Tenant Commercial Finish Out Program, seconded by Board Member Smith.
The Motions were passed and approved with the following vote:
Aye:
12 - Board Member Lerma, Board Member Barrera, Board Member Canales, Board Member
Guajardo, Board Member Hernandez, Board Member Hunter, Board Member Hutchinson,
Board Member Martinez, Board Member Molina, Board Member Pusley, Board Member
Sedwick, and Board Member Smith
Abstained: 0
Enactment No:
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Meeting Minutes July 27, 2021
G. AGENDA ITEMS:
4. 21-0893 Motion to approve a Downtown Streetscape Reimbursement Agreement with
Education Service Center Region 2 for improvements to the property located at
209 N Water St. for a total incentive amount not to exceed $18,613, effective
upon signature by the City Manager or designee.
Chairman Lerma referred to Item 4.
Executive Director of the Downtown Management District Alyssa Barrera Mason
presented information on the following topics: Education Service Center (ESC); ESC
properties; camera locations; lighting; project economics; and recommendation.
There were no questions from the Board.
Board Member Hunter made a motion to approve the motion, seconded by Board
Member Molina. This Motion was passed and approved with the following vote:
Aye:
12 - Board Member Lerma, Board Member Barrera, Board Member Canales, Board Member
Guajardo, Board Member Hernandez, Board Member Hunter, Board Member Hutchinson,
Board Member Martinez, Board Member Molina, Board Member Pusley, Board Member
Sedwick, and Board Member Smith
Abstained: 0
5. 21-0824 Resolution to approve the Proposed Fiscal Year 2022 Tax Increment
Reinvestment Zone Number Three Operating Budget in the amount of
$2,283,866 in revenues and $2,260,327 in expenditures to become effective
upon City Council approval during the normal budget process.
Chairman Lerma referred to Item 5.
Director of Management and Budget Eddie Houlihan presented information on the
following topics: budgeted revenues; program budget; proposed expenses; and budget
overview.
A Board Member and Executive Director of the Downtown Management District (DMD)
Alyssa Barrera Mason discussed the following topics: the proposed budget amount was
increased in the DMD TIRZ Management Agreement because two additional positions
were necessary to help the DMD handle the workload and produce quality work.
Board Member Molina made a motion to approve the resolution, seconded by Board
Member Hunter. This Resolution was passed and approved with the following vote:
Aye:
12 - Board Member Lerma, Board Member Barrera, Board Member Canales, Board Member
Guajardo, Board Member Hernandez, Board Member Hunter, Board Member Hutchinson,
Board Member Martinez, Board Member Molina, Board Member Pusley, Board Member
Sedwick, and Board Member Smith
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Abstained: 0
H. PRESENTATION ITEMS:
6. 21-0896 TIRZ #3 Fiscal Year 2021 Right of Way Project Updates
Chairman Lerma referred to Item 6.
Executive Director of the Downtown Management District (DMD) Alyssa Barrera Mason
presented information on the FY 2021 traffic and planning analysis right of way projects
update: traffic and planning expenditures; Artesian Park; Jasmine replacement; other
right of way projects; sidewalk zones; street tree purpose; and current sidewalk
conditions.
A Board Member and Executive Director Mason discussed the following topics: in
response to a Board Member's question regarding the tree beds for the palm trees,
Director Mason stated that the DMD looked at other options including tree grates, but
jasmine was the lowest cost option.
7. 21-0895 Update of TIRZ #3 Approved Projects - July 2021
Chairman Lerma referred to Item 7.
Economic Development Manager of the Downtown Management District Jason Alaniz
presented an update on the TIRZ #3 approved projects: the developer of Dusty's Taco
Shop delayed the project indefinitely; Elizabeth's received their Certificate of Occupancy
and are currently open for private events; and BUS Tasty Bites has had some contractor
delays and an extension will be needed.
Board Members and Mr. Alaniz discussed the following topics: all other projects on this
list are on -schedule.
8. 21-0897 Downtown Management District's Five -Year Strategic Plan
Chairman Lerma referred to Item 8.
Executive Director of the Downtown Management District (DMD) Alyssa Barrera Mason
presented information on the Five Year Strategic Plan: three year strategic plan and
service plans; intro; five year strategic plan; about the plan; analysis; implementation of
Downtown Area Development Plan (DADP); downtown area development plan analysis;
downtown 2020 implementation analysis; strategic framework; priority setting and
structure; district operations; placemaking; economic development; promotions;
organizational development; and downtown revitalization partnership funding model
2020.
Board Members and Executive Director Mason discussed the following topics: in
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response to a Board Member's question regarding expanding boundaries, Director
Mason stated that the DMD has received inquiries from properties to the south about
expanding boundaries; the goal is to look for participants interested in being a part of the
DMD; a Board Member's suggestion to exercise caution when it comes to extending the
intent of the TIRZ; and a Board Member's request to define the goal of the DMD and how
it aligns with the TIRZ.
I. ADJOURNMENT
This meeting was adjourned at 11:08 a.m.
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