HomeMy WebLinkAboutMinutes Reinvestment Zone No. 3 - 06/27/2023City of Corpus Christi
Meeting Minutes
Reinvestment Zone No. 3 - Downtown
1201 Leopard Street
Corpus Christi, TX 78401
cctexas.com
Tuesday, June 27, 2023
9:30 AM Council Chambers
A. Chairman Mike Pusley to call the meeting to order.
Chairman Pusley 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 Huerta called the roll and verified that a quorum of the Board
was present to conduct the meeting.
Note: Board Member Guajardo arrived at 9:35 a.m. Board Member Sedwick
participated by video conference.
Present 11 - Board Member Roland Barrera, Board Member Paulette Guajardo, Board Member Gil
Hernandez, Board Member Michael Hunter, Board Member Mike Pusley, Board Member
James Sedwick, Board Member Jim Klein, Board Member Dan Suckley, Board Member
Everett Roy, Board Member Sylvia Campos, and Board Member Rudy Garza
Absent 1 - Board Member Connie Scott
C. PUBLIC COMMENT:
Chairman Pusley referred to Public Comment. There were no comments from the public.
D. MINUTES:
1. 23-1034 Approval of the May 23, 2023 Reinvestment Zone No. 3 Regular Meeting
Minutes
Chairman Pusley referred to Item 1.
Board Member Roy moved to approve the minutes, seconded by Board Member Klein
and passed unanimously.
E. FINANCIAL REPORT:
2. 23-0930 TIRZ #3 Financial Reports as of April 30, 2023
Chairman Pusley referred to Item 2.
Interim Director of Finance Alma Casas presented information on the following topics:
TIRZ No. 3 financial position for the seven months ended April 30, 2023; TIRZ No. 3
City of Corpus Christi
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SCANNED
Reinvestment Zone No. 3 -
Downtown
Meeting Minutes June 27, 2023
commitments as of April 30, 2023; project specific development commitments as of April
30, 2023; targeted vacant property improvement commitments as of April 30, 2023;
downtown living initiative commitments as of April 30, 2023; commercial tenant finish out
commitments as of April 30, 2023; and streetscape and safety improvement program
commitments as of April 30, 2023.
A Board Member and Executive Director of Downtown Management District Alyssa
Barrera Mason discussed the following topic: the developers are in the process of
rebidding the construction of the 600 Building.
F. EXECUTIVE SESSION ITEMS: (NONE)
G. AGENDA ITEMS:
3. 23-1060 Motion to authorize a downtown reimbursement agreement with Elevate QOF
LLC, for the project located at 301, 305, 309, 315 N Chapparal Street and 302,
310, 314 Mesquite Street, under the Project Specific Development Agreement
program for a total incentive amount not to exceed $1,550,000.
Chairman Pusley referred to Item 3.
Executive Director of Downtown Management District (DMD) Alyssa Barrera Mason
presented information on the Homewood Suites: project site and concept; current
condition; and project concept.
There were no questions from the Board Members.
Board Member Barrera moved to approve the motion, seconded by Board Member
Hunter. This Motion was passed and approved with the following vote:
Aye: 11 -
Board Member Roland Barrera, Board Member Paulette Guajardo, Board Member Gil
Hernandez, Board Member Michael Hunter, Board Member Mike Pusley, Board Member
James Sedwick, Board Member Jim Klein, Board Member Dan Suckley, Board Member
Everett Roy, Board Member Sylvia Campos, and Board Member Rudy Garza
Absent: 1 - Board Member Connie Scott
Abstained: 0
4. 23-1061 Motion to authorize a downtown reimbursement agreement with 611 Commerce
Venue Hall LLC, for the project located at 605 Mesquite Street, under the
Targeted Vacant Building Program for a total incentive amount not to exceed
$531,695.
Chairman Pusley referred to Item 4.
Executive Director of Downtown Management District (DMD) Alyssa Barrera Mason
presented information on the following topics: 605 Elite; and project site and concept.
City of Corpus Christi
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Reinvestment Zone No. 3 -
Downtown
Meeting Minutes June 27, 2023
Board Members and Executive Director Barrera Mason discussed the following topics:
the developers are in the process of finalizing their building permits; a Board Member's
request to ensure that the developers keep their bids up to date; and a Board Member's
concern with the structural integrity of this building.
Board Member Roy moved to approve the motion, seconded by Board Member
Campos. This Motion was passed and approved with the following vote:
Aye: 11 -
Board Member Roland Barrera, Board Member Paulette Guajardo, Board Member Gil
Hernandez, Board Member Michael Hunter, Board Member Mike Pusley, Board Member
James Sedwick, Board Member Jim Klein, Board Member Dan Suckley, Board Member
Everett Roy, Board Member Sylvia Campos, and Board Member Rudy Garza
Absent: 1 - Board Member Connie Scott
Abstained: 0
H. PRESENTATION ITEMS:
5. 23-1063 Presentation and discussion on the Proposed FY 2023 - 2024 Tax Increment
Reinvestment Zone (TIRZ) #3 Budget
Chairman Pusley referred to Item 5.
Director of Management and Budget Eddie Houlihan and Assistant City Manager
Heather Hurlbert presented information on the following topics: budget overview;
budgeted revenues; program details; program budget; proposed expenses; DMD
management contract; additional funding components; and DMD requested projects.
Board Members, Director Houlihan, Assistant City Manager Hurlbert, and Executive
Director of Downtown Management District (DMD) Alyssa Barrera Mason discussed the
following topics: a Board Member's request to consider solar lighting for the requested
projects; the clean team manager is mindful of including drought resistant plants in their
design; adding bike lanes to the Water Street project is being discussed; the return on
the downtown investment positively impacts our community; the 600 Building project will
be accounted for in a future budget; the budget can be amended for larger projects to fit
within this current budget; a Board Member's request that quarterly reports be provided
for downtown building repairs; a Board Member's desire to increase the DMD budget; a
Board Member's wish to extend the DMD to Six Points; a request for the DMD to
implement a lighting plan for the downtown area, along with contacting corporate
sponsors to fund this project; and the DMD's recommendation is to resurface the Norma
Urban Park.
I. ADJOURNMENT
There being no further business, Chairman Pusley adjourned the meeting at 10:30 a.m.
City of Corpus Christi
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