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HomeMy WebLinkAboutMinutes Reinvestment Zone No. 4 - 04/26/2022City of Corpus Christi Meeting Minutes Reinvestment Zone No. 4 - North Beach 1201 Leopard Street Corpus Christi, TX 78401 cctexas.com Tuesday, April 26, 2022 10:00 AM Council Chambers A. Chair Billy Lerma to call the meeting to order. Chairman Lerma called the meeting to order at 10:13 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 Members Barbara Canales and Roberto Hernandez participated by video conference. Present 10 - Chair Billy A. Lerma, Board Member Roland Barrera, Board Member Kenneth Berry, Vice Chair Barbara Canales, Board Member Paulette Guajardo, Board Member Gil Hernandez, Board Member Michael Hunter, Board Member Ben Molina, Board Member Mike Pusley, and Board Member Roberto G. Hernandez Absent 5 - Board Member Steve Banta, Board Member John Martinez, Board Member Carol Scott, Board Member Greg Smith, and Board Member Jesse Gilbert C. PUBLIC COMMENT: Chairman Lerma referred to Public Comment. There were no public comments. D. MINUTES: 1. 22-0762 Approval of the November 16, 2021 Reinvestment Zone No. 4 Special 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. 22-0703 TIRZ #4 Financial Reports as of February 28, 2022 Chairman Lerma referred to Item 2. Director of Finance Heather Hurlbert presented the financial position for the five months City of Corpus Christi Page 1 Printed on 5/3/2022 SCANNED Reinvestment Zone No. 4 - North Beach Meeting Minutes April 26, 2022 ended February 28, 2022 as follows: TIRZ No. 4 commitments as of February 28, 2022; project specific development commitments as of February 28, 2022; and North Beach living initiative commitments as of February 28, 2022. There were no questions from the Board. F. EXECUTIVE SESSION ITEMS: NONE G. AGENDA ITEMS: 3. 22-0759 Motion to approve a North Beach Property Improvement Reimbursement Agreement with The Breakers Council of Co -Owners, Inc. for improvements to the property located at 4242 Gulfbreeze Blvd. for a total incentive amount not to exceed $32,374. Chairman Lerma referred to Item 3. Director of Finance Heather Hurlbert presented information on the following topics: The Breaker Condominiums; project details; previous condition -building; current conditions -landscape; current conditions -fence; concept -landscape; concept -fence; total project cost; project economics; and recommendation. A Board Member and Director Hurlbert discussed the following topics: in response to a Board Member's question regarding payment, staff stated that the first payment of the reimbursement will not be made until FY 2023. 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: Aye: 10 - Chair Billy A. Lerma, Board Member Roland Barrera, Board Member Kenneth Berry, Vice Chair Barbara Canales, Board Member Paulette Guajardo, Board Member Gil Hernandez, Board Member Michael Hunter, Board Member Ben Molina, Board Member Mike Pusley, and Board Member Roberto G. Hernandez Absent: 5 - Board Member Steve Banta, Board Member John Martinez, Board Member Carol Scott, Board Member Greg Smith, and Board Member Jesse Gilbert Abstained: 0 H. PRESENTATION ITEMS: NONE I. ADJOURNMENT This meeting was adjourned at 10:25 a.m. City of Corpus Christi Page 2 Printed on 5/3/2022