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HomeMy WebLinkAboutMinutes Corpus Christi B Corporation (Type B) - 09/15/2025City of Corpus Christi Meeting Minutes - Final Corpus Christi B Corporation - Type B 1201 Leopard Street Corpus Christi, TX 78401 cctexas.com Monday, September 15, 2025 1:30 PM 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. The mission of the Business & Jobs Development (Type A) and B Corporations is to promote and enhance the City of Corpus Christi's economic base by supporting projects and programs that create primary jobs, improve small business and affordable housing opportunities, and improve infrastructure in our City. A. President Alan Wilson to call the meeting to order. President Alan Wilson called the meeting to order at 1:30 p.m. B. Call Roll: City Secretary Rebecca Huerta called the roll and verified that a quorum of the Board was present to conduct the meeting. Mr. Reddy arrived at 1:34 p.m. Present 7 - Board Member Mark LaRue, Secretary Mark LaRue, Board Member Victoria Holland, Board Member Vishnu Reddy, Board Member Johnny Philipello, President Diana Summers, and President Alan Wilson Absent 1 - Vice -President Jesus Jimenez C. PUBLIC COMMENT: President Wilson referred to Public Comment. There were no comments from the public. D. MINUTES / EXCUSE ABSENCES 1. 25-1279 Approval of Minutes for the Type B July 21, 2025 Regular Meeting and July 28, 2025 Special Meeting. President Wilson referred to Item 1. Mr. LaRue made a motion to approve the minutes as presented, seconded by Mr. Philipello, and passed unanimously. Ms. Summers requested an excused absences for the July 21, 2025 Regular Meeting. Mr. LaRue made a motion to excuse the absence, seconded by Ms. Holland and passed City of Corpus Christi Page 1 Printed on 12/8/2025 SCANNED Corpus Christi B Corporation - Type B Meeting Minutes - Final September 15, 2025 unanimously. E. FINANCIAL REPORT 2. 25-1479 Type B Financial Reports as of July 31, 2025 President Wilson referred to Item 2. Assistant Director of Finance Julie Sandoval presented the financial reports as of July 31, 2025. F. EXECUTIVE SESSION ITEMS: 3. 25-1458 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 potential economic development incentive agreement(s) involving Next Sports Company, LLC., desiring to engage in commercial development at or near the intersection of Old Brownsville Road and S Padre Island Drive within the City of Corpus Christi 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 Corporation seeks to have locate, stay, or expand within the City limits and with which the Corporation is conducting economic development. This E-Session Item was discussed in executive session. G. PUBLIC HEARING: This agenda constitutes notice of any project or type of project that is the subject of a public hearing for purposes of section 505.160 of the Texas Local Government Code. 4. 25-1463 Public hearing and resolution authorizing a Texas State Aquarium ("TSA") Parking Lot Project, in an amount of up to $2,000,000.00, for improvements to the TSA visitor parking infrastructure on North Beach. President Wilson referred to Item 4. President and CEO of Texas State Aquarium Jesse Gilbert presented a Parking Lot Project for the Texas State Aquarium. Mr. Gilbert presented the project overview, original scope of work and the need for scope change. President Wilson opened the Public Hearing. There were no comments from the public. President Wilson closed the Public Hearing. Mr. LaRue made a motion to approve item 4, seconded by Mr. Philipello, and passed City of Corpus Christi Page 2 Printed on 12/8/2025 Corpus Christi B Corporation - Type B Meeting Minutes - Final September 15, 2025 unanimously. H. AGENDA ITEMS: 5. 25-1471 Motion authorizing a business incentive agreement with the Texas State Aquarium ("TSA") in an amount of up to $2,000,000.00, for a project funding improvements to the Aquarium's visitor parking lot infrastructure on North Beach. President Wilson referred to Item 5, an agreement with the Texas State Aquarium for the Parking Lot Project. There were no questions from the board. Mr. Philipello made a motion to approve item 5, seconded by Ms. Summers, and passed unanimously. I. PRESENTATION ITEMS: J. EXECUTIVE DIRECTOR COMMENTS: President Wilson referred to the Executive Directors comments. Assistant City Manager Heather Hurlbert had not comments. K. ADJOURNMENT There being no further business, President Wilson adjourned the meeting at 2:19 p.m. This meeting may be held via videoconference call pursuant to Texas Government Code § 551.127. If this meeting is held via videoconference call or other remote method of meeting, then a member of this governmental body presiding over this meeting will be physically present at the location of this meeting unless this meeting is held pursuant to Texas Government Code § 551.125 due to an emergency or other public necessity pursuant to Texas Government Code § 551.045. City of Corpus Christi Page 3 Printed on 12/8/2025