HomeMy WebLinkAboutMinutes Reinvestment Zone No. 4 - 09/22/2020City of Corpus Christi
Meeting Minutes
Reinvestment Zone No. 4 - North Beach
1201 Leopard Street
Corpus Christi, TX 78401
cctexas.com .
Tuesday, September 22, 2020
10:00 AM 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 10:03 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: Steve Banta, Tom Schmid, Roland Barrera, Barbara Canales and
Paulette Guajardo participated by video conference. Board Member McComb
arrived at 10:02 a.m. and Board Member Hunter -absent.
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
Carrie Meyer, Board Member Ben Molina, Board Member Tom Schmid,
Board Member Carol Scott, Board Member Greg Smith, and Board Member
Carolyn Vaughn
Absent 2 - Board Member Michael Hunter, and Board Member Joe McComb
C. PUBLIC COMMENT:
Chairman Roy referred to Public Comment. There were no written public
comments submitted.
D. MINUTES:
1. Approval of the Minutes of the Reinvestment Zone No. 4 August 27, 2020
Regular Meeting.
Chairman Roy referred to Item 1.
Board Member Smith made a motion to approve the minutes, seconded by
Board Member Garza and passed unanimously.
E. FINANCIAL REPORT: None
City of Corpus Christi
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Reinvestment Zone No. 4 - North
Beach
Meeting Minutes September 22, 2020
F. EXECUTIVE SESSION ITEMS: None
G. AGENDA ITEMS:None
2.
Discussion and possible action to approve an extension to the deadline in
section 3(a) of the agreement with The Breakers at North Beach, L.P. for the
development located at 3612 Surfside Boulevard for a total incentive amount
not to exceed $7,826,200 or to authorize the City Manager to execute an
amendment to said agreement.
Chairman Roy referred to Item 2.
Chief Financial Officer Constance Sanchez presented information on the
following topics: the Frazier Hotel; site location; timeline; staff proposed
amendments; developer's response; and City staff recommendation.
Board Members, Officer Sanchez, City Manger Peter Zanoni, Assistant City
Attorney Aimee Alcorn -Reed and Legal Counsel for the Breakers at North
Beach, L.P. Douglas Allison discussed the following topics: Board Members'
opposition to terminating the contract; the developer's original proposal was
for a luxury hotel with no associated star rating; developer did not meet the
requirements set out in the first contract, so staff is proposing milestones to
keep negotiations going; developer and his legal counsel's understanding that
the negotiation would be limited to the extension, and the provisions being
proposed were unanticipated; the original concept for the Frazier Hotel was a
luxury hotel with no star rating associated; a Board Member's concern that the
agreement would be terminated due to COVID-19; drainage issues need to be
addressed before development can occur; this project is about growth on North
Beach and using the tax payer dollar to do it; the developer came up with the
idea of a "luxury" hotel; the overall goal of this TIRZ #4 Board is to
economically develop North Beach not build a canal; the City is in charge of
the agreement timeline; the engineering study for the drainage is set to be
complete by December 2020; a Board Member's concern that the developer
has reservations about adding the "4 star hotel" language; the importance of
having a 4 to 5 star luxury hotel on North Beach to bring in sales tax,
restaurants and tourists; the drainage problem on North Beach is due to
elevation; a canal alone will not solve the drainage problem; the developer
agrees with the proposed extension dates provided by the City; a Board
Member's understanding that the $7 million that the developer would be
getting back is from the taxes they paid themselves; and the canal proposal
includes digging out the canal and elevating the sides of the land to re -slope
the streets and the land.
Board Member Vaughn made a motion authorizing the City Manager to
execute an amendment to the agreement with The Breakers at North Beach,
L.P. for the development located at 3612 Surfside Boulevard for a total
incentive amount not to exceed $7,826,200, which extends the performance
deadlines in section 3(a) to require the Developer to obtain the necessary
permits and commence construction on or before January 31, 2024 and in
section 3(b) to require the Developer to complete construction on or before
July 31, 2026, seconded by Board Member Hernandez. This motion was passed
and approved with the following vote:
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Reinvestment Zone No. 4 - North
Beach
Meeting Minutes September 22, 2020
Aye: 14 - Chair Roy, Board Member Banta, Board Member Barrera, Vice Chair
Canales, Board Member Garza, Board Member Guajardo, Board Member _
Hernandez, Board Member McComb, Board Member Meyer, Board
Member Molina, Board Member Schmid, Board Member Scott, Board
Member Smith, and Board Member Vaughn
Absent: 1 - Board Member Hunter
Abstained: 0
H. PRESENTATION ITEMS: None
I. IDENTIFY FUTURE AGENDA ITEMS:
Chairman Roy referred to Identify Future Agenda Items.
J. ADJOURNMENT
The following items were discussed: Board Member Smith requested a
briefing on La Vista Pointe drainage issues; Board Member Canales requested
a presentation from Dr. Ray Perryman; and Board Member Meyer requested a
briefing regarding how TIRZ funds are used to reimburse the developer.
This meeting was adjourned at 11:13 a.m.
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.
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