HomeMy WebLinkAboutMinutes Reinvestment Zone No. 4 - 11/19/2019 City of Cornus Christi 1201 Leopard Street
78 `7 M Corpus Christi,TX 78401
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,,,,...iyMeeting Minutes
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Reinvestment Zone No. 4
Tuesday,November 19,2019 3:00 PM Council Chambers
A. Chairman Everett Roy to call the meeting to order.
Chairman Roy called the meeting to order at 3:14 p.m.
B. City Secretary Rebecca Huerta to call roll.
Secretary Rebecca L.Huerta called the roll and verified that a quorum of the
Board was present to conduct the meeting.
Present 13- Chair Everett Roy, Board Member Steve Banta, Board Member Roland
Barrera,Vice Chair Barbara Canales, Board Member Rudy Garza, Board
Member Paulette Guajardo, Board Member Gil Hernandez, Board Member
Michael Hunter, Board Member Joe McComb, Board Member Ben Molina,
Board Member Tom Schmid, Board Member Greg Smith, and Board
Member Carolyn Vaughn
C. PUBLIC COMMENT:
Chairman Roy called for Public Comment. There were no comments from the
public.
D. MINUTES: (NONE)
E. FINANCIAL REPORT: (NONE)
F. EXECUTIVE SESSION ITEMS:
Chairman Roy referred to Executive Session Item 1. The Board went into
executive session at 3:15 p.m. The Board returned from executive session at
3:40 p.m.
1. 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 The Breakers at North Beach, L.P.
and/or other persons or entities desiring to engage in commercial
development at or in the vicinity of 3612 Surfside Blvd; 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
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SCANNED
Reinvestment Zone No.4 Meeting Minutes November 19,2019
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.
This E-Session Item was discussed in executive session.
G. AGENDA ITEMS:
2. Motion to approve a TIRZ#4 Project Specific Development Agreement
with The Breakers at North Beach, L.P. for a mixed-use development,
"The Frazier," located at 3612 Surfside Boulevard for a total incentive
amount not to exceed $7,826,200 with a construction deadline of July 31,
2022.
Chairman Roy referred to Item 2.
There were no comments from the Board or staff.
Board Member Garza made a motion to approve Item 2,seconded by Board
Member Hernandez and passed unanimously(Board Member Molina-absent).
3. Motion ratifying all actions taken by the TIRZ#4 Board on November 12,
2019
Chairman Roy referred to Item 3.
There were no comments from the Board or staff.
Board Member Garza made a motion to approve Item 3,seconded by Board
Member Barrera and passed unanimously(Board Member Molina-absent).
H. PRESENTATION ITEMS: (NONE)
I. IDENTIFY FUTURE AGENDA ITEMS:
Chairman Roy referred to Identify Future Agenda Items. No items were
discussed or identified.
J. ADJOURNMENT
The meeting was adjourned at 3:42 p.m.
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