HomeMy WebLinkAboutMinutes Reinvestment Zone No. 3 - 06/28/2022City of Corpus Christi
Meeting Minutes
Reinvestment Zone No. 3 - Downtown
1201 Leopard Street
Corpus Christi, TX 78401
cctexas.com
Tuesday, June 28, 2022
9:30 AM Council Chambers
A. Chairman Billy Lerma to call the meeting to order.
Chairman Lerma called the meeting to order at 9:35 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 attended by video conference.
Present 11 Board Member Billy A. Lerma, Board Member Roland Barrera, Board Member Barbara
Canales, Board Member Paulette Guajardo, Board Member Gil Hernandez, Board
Member Michael Hunter, Board Member John Martinez, Board Member Ben Molina,
Board Member Mike Pusley, Board Member James Sedwick, and Board Member Greg
Smith
Absent 1 - Board Member Susan Hutchinson
C. PUBLIC COMMENT:
Chairman Lerma referred to Public Comment. There were no public comments.
D. MINUTES:
1. 22-0704 Approval of the March 29, 2022 Reinvestment Zone No. 3 Meeting Minutes.
Chairman Lerma referred to Item 1.
Board Member Guajardo made a motion to approve the minutes, seconded by Board
Member Hunter and passed unanimously.
E. FINANCIAL REPORT:
2. 22-1011 TIRZ #3 Financial Reports as of May 31, 2022
Chairman Lerma referred to Item 2.
Director of Finance Heather Hurlbert presented information on the following topics: TIRZ
No. 3 financial position for the eight months ended May 31, 2022; TIRZ No. 3
City of Corpus Christi
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SCANNED
Reinvestment Zone No. 3 -
Downtown
Meeting Minutes June 28, 2022
commitments as of May 31, 2022; project specific development commitments as of May
31, 2022; targeted vacant property improvement grant commitments as of May 31, 2022;
vacant building program commitments as of May 31, 2022; downtown living initiative
commitments as of May 31, 2022; new tenant commercial finish out commitments as of
May 31, 2022; and streetscape and safety improvement program commitments as of
May 31, 2022.
Board Members, Director Hurlbert and Executive Director of the Downtown Management
District Alyssa Barrera Mason discussed the following topics: in response to a Board
Member's question regarding the status of the 600 Building, staff stated that they have
pulled their demolition permits in order to move forward; the Ward Building has a
performance deadline of December with the Corpus Christi Housing Finance; and the
600 Building is project specific, so it does not tie up funds that could available for other
projects.
F. EXECUTIVE SESSION ITEMS:
G. AGENDA ITEMS:
3. 22-1124 Motion to modify the existing New Commercial Tenant Finish -Out Program to the
Commercial Finish -Out Program and expand the program to allow established
businesses to qualify for the program, effective upon signature by the City
Manager.
Chairman Lerma referred to Item 3.
Executive Director of the Downtown Management District Alyssa Barrera Mason stated
that the purpose of this item is to remove the words "new" and "tenant" from this program
to become "commercial finish -out program". Some property owners may be interested
in establishing enterprises.
Board Members, Attorney Aimee Alcorn -Reed and Executive Director Barrera Mason
discussed the following topic: this language will not change how the projects are
developed and reviewed.
Board Member Guajardo made a motion to approve the motion, seconded by Board
Member Pusley.
Board Member Pusley made a motion to remove the language that says "effective upon
signature by the City Manager," seconded by Board Member Molina and passed
unanimously.
Board Member Guajardo made a motion to approve the motion as amended, seconded
by Board Member Pusley. This Motion was passed and approved as amended with the
following vote:
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Reinvestment Zone No. 3 -
Downtown
Meeting Minutes June 28, 2022
Aye: 11 -
Board Member Billy A. Lerma, Board Member Roland Barrera, Board Member Barbara
Canales, Board Member Paulette Guajardo, Board Member Gil Hernandez, Board
Member Michael Hunter, Board Member John Martinez, Board Member Ben Molina,
Board Member Mike Pusley, Board Member James Sedwick, and Board Member Greg
Smith
Absent: 1 - Board Member Susan Hutchinson
Abstained: 0
4. 22-1122 Motion to approve an Amendment to extend the project completion date for the
Downtown Reimbursement Agreements with the developer Caitlin Shook and
landlord 300 Chaparral LLC for the project at 312 S Chaparral from June 30,
2022 to December 31, 2022.
Chairman Lerma referred to Item 4.
There were no questions from the Board.
Board Member Pusley made a motion to approve the motion, seconded by Board
Member Barrera. This Motion was passed and approved with the following vote:
Aye:
11 - Board Member Billy A. Lerma, Board Member Roland Barrera, Board Member Barbara
Canales, Board Member Paulette Guajardo, Board Member Gil Hernandez, Board
Member Michael Hunter, Board Member John Martinez, Board Member Ben Molina,
Board Member Mike Pusley, Board Member James Sedwick, and Board Member Greg
Smith
Absent: 1 - Board Member Susan Hutchinson
Abstained: 0
5. 22-1123 Motion to approve a New Commercial Tenant Finish Out Grant program
Reimbursement Agreement with Brush Country Brewing, LLC, for improvements to
the property located at 615 Hancock Avenue for a total incentive amount not to
exceed $7,700, effective upon signature by the City Manager or designee.
Chairman Lerma referred to Item 5.
Executive Director of the Downtown Management District Alyssa Barrera Mason
presented information on the following topics: project site; Casablanca; current
condition; project concept; project cost; and recommendation.
There were no questions from the Board.
Board Member Barrera made a motion to approve the motion, seconded by Board
Member Pusley. This Motion was passed and approved with the following vote:
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Reinvestment Zone No. 3 -
Downtown
Meeting Minutes June 28, 2022
Aye: 11 -
Board Member Billy A. Lerma, Board Member Roland Barrera, Board Member Barbara
Canales, Board Member Paulette Guajardo, Board Member Gil Hernandez, Board
Member Michael Hunter, Board Member John Martinez, Board Member Ben Molina,
Board Member Mike Pusley, Board Member James Sedwick, and Board Member Greg
Smith
Absent: 1 - Board Member Susan Hutchinson
Abstained: 0
H. PRESENTATION ITEMS:
6. 22-1125 Presentation and discussion on the Proposed FY 22-23 Tax Increment
Reinvestment Zone #3 Budget
Chairman Lerma referred to Item 6.
Director of Management and Budget Eddie Houlihan presented information on the
following topics: budgeted revenues; program detail; program budget; proposed
expenses; and budget overview.
Board Members and Director Houlihan discussed the following topics: the 2023 revenue
amounts are based on preliminary appraisals; and this TIRZ opens up more growth for
the downtown area.
I. ADJOURNMENT
Chairman Lerma adjourned the meeting at 10:01 a.m.
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