HomeMy WebLinkAbout033829 ORD - 01/13/2026Ordinance authorizing the B Corporation's Texas State Aquarium
("TSA") Parking Lot Project, totaling up to $2,000,000.00, from the B
Corporation for TSA visitor parking lot infrastructure improvements;
accepting and appropriating funding for the project totaling
$2,000,000.00, from the B Corporation unreserved fund and amending
the FY 2025-26 budget.
WHEREAS, Texas State Aquarium attracts more than 500,000 tourists annually,
making reliable parking critical for the Aquarium and nearby North Beach businesses;
WHEREAS, on September 15, 2025, the Corpus Christi B Corporation held a
public hearing for the Texas State Aquarium Parking Lot Project; and approved the project
for up to $2,000,000.00 for a Texas State Aquarium ("TSA") visitor parking lot
infrastructure improvement at the newly acquired property at 3002 Seagull Blvd. This site
was purchased to help offset the anticipated loss of parking during the demolition of the
old Harbor Bridge;
WHEREAS, the Corpus Christi B Corporation on September 15, 2025, found that
that the TSA Parking Lot Project infrastructure improvement will enhance and expand
economic development in that more tourists will be accommodated with the new parking
lot facility improvements, pursuant to Texas Local Government Code Section 505.152.
WHEREAS, Section 501.073 of the Act requires the City Council to approve all
programs and expenditures of the Corporation; and
WHEREAS, the Board determined that it is in the best interest of the citizens of
Corpus Christi, Texas that the Corporation's business development funds be provided to
the TSA through this Parking Lot Project, to be used by TSA to develop the Project;
NOW THEREFORE , BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITYOF CORPUS CHRISTI, TEXAS:
Section 1. The City Council specifically finds that the foregoing statements
included in the preamble of this ordinance are true and correct, and adopts such findings
for all intents and purposes related to the authorization of this B Corporation Project.
Section 2. The City Council finds that the Corpus Christi B Corporation conducted
a public hearing for this project on September 15, 2025, in accordance with Texas Local
Government Code Chapter 505, and finds that the Texas State Aquarium Parking Lot
project promotes tourist expansion through improving TSA's parking lot infrastructure
facility in accordance with Texas Local Government Code Section 505.152.
Section 3. The City Council authorizes the Texas State Aquarium Parking Lot
Project, totaling up to $2,000,000.00, for improvements to the Texas State Aquarium visitor
parking lot facility for tourists.
Section 4. The City Council accepts and appropriates funding for the project
totaling $2,000,000.00, from the B Corporation unreserved fund and amends the FY 2025-
26 budget.
03382
SCANNED
Introduced and voted on the ( day of ,MA^Ar , 2025.
PASSED and APPROVED on the rAHay of 0 11A. `, , 2026.
Paulette Guajardo, M
ATTEST:
Reb cca Huerta, Ci Secretary
B Corporation TSA Parling Lot Project Ordinance Page 2 of 2
03 3 82 9. Ai
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly
authorized representative), hereby certify to the City Council and other appropriate officers that
the money required for the current fiscal year's portion of the contract, agreement, obligation
or expenditure described below is in the Treasury to the credit of the Fund specified below, from
which it is to be drawn, and has not been appropriated for any other purpose. Future payments
are subject to annual appropriation by the City Council.
City Council Action Date: December 16, 2025 Legistar Number: 25 -1815
Agenda Item:
Ordinance authorizing an agreement between the Corpus Christi B Corporation (Type B) and
Texas State Aquarium, for a project funding improvements to the Aquarium's visitor parking lot
infrastructure on North Beach, effective upon signature of the City Manager or designee:
appropriating funds in the amount of $2,000,000 from the Type B Economic Development Fund.
(6 votes required)
Amount Required: $.00
Fund Name
Accounting Unit
Account No.
Activity No.
Amount
Economic
Development
1146-57-15010
530000
$2,000,000
Total
$2,000,00i0
0 Certification Not Required
Director of Financial Services
Date: I