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HomeMy WebLinkAboutMinutes City Council - 11/30/1989 - SpecialMINUTES SPECIAL COUNCIL MEETING CITY HALL - COUNCIL CHAMBERS NOVEMBER 30, 1989 6:30 P.M. PRESENT Mayor Betty Turner Mayor Pro Tem Leo Guerrero COUNCIL MEMBERS David Berlanga Tom Hunt Edward A. Martin Joe McComb Clif Moss ABSENT Mary Rhodes Frank Schwing City Manager Juan Garza City Attorney Hal George City Secretary Armando Chapa Mayor Turner called the meeting to order at 6:30 p.m. City Manager Garza explained that the purpose of the meeting was to make a presentation on the proposed Reinvestment Zone to the other governing bodies or their representatives describing the proposed boundaries of the zone and estimating the general impact of the proposed zone on property values and revenues, and the tentative plans for development or redevelopment of the zone. City Secretary Armando Chapa called the roll and verified that the necessary quorum of the Council and the required charter officers were present to conduct the meeting. Marvin Townsend, a representative of the Island Task Force, gave a brief history of the development of the Padre Island area and referred to a map which indicated the boundaries of the proposed zone and pointed out the area involved in bankruptcy proceedings. He informed the Council that the Task Force has developed an extensive report dealing with the needs of the area and several related topics which is currently being published. He stressed that in order for development to continue on the Island and for the area to become a big part of the future tax base, that a firm timetable needed to be established for the improvements on the Island and that a firm commitment to fulfill these improvements needs to be made. MICROFILMED snutes Special Council Meeting November 30, 1989 Page 2 Mr. Townsend made the following proposals: (1) allowing the tax increment for the first year to be returned to the taxing jurisdictions until the area development increased to at least twice the value of the increment; thus protecting the other taxing entities in their current taxing situation; (2) transferring the $3 million from the Island Water Fund to the Tax Increment District to back the proposed debt of the District and to allow the tax increment itself to restore the money, thus ensuring that the money would be available for future construction of a water transmission main. Mr. John Bell, 434 Sharon Drive, an attorney with Wood, Boykin, Wolter & Keys, referred to the notice letter given to the other taxing entities regarding the proposed Reinvestment Zone and cited two cases which substantiated that the letter sent did comply with the law's requirement. He then gave a brief overview of the draft ordinance submitted for consideration. Mr. Townsend outlined the proposed financial plan and noted that in order for the Zone to be in effect for 1989, the Ordinance establishing the Zone would have to be adopted prior to December 31. The Council devoted considerable discussion to various topics relative to establishment of the Reinvestment Zone including alternatives for funding Island Public Improvements and the possibility of using the money in the Island Water Fund to finance the Capital Improvements needed on the Island. Mayor Turner called for comments from the representatives of the other governing bodies. Dr. Joseph Rupp, Del Mar representative on the Reinvestment Zone, questioned the last-minute presentation of this proposal and expressed the Board's opposition to this plan and the amendment to recent state legislation which precludes taxing entities in the cities of Corpus Christi and El Paso from declining to participate in a reinvestment zone. Commissioner Shaffer, County Commissioner of Precinct 1, expressed his opposition to the Zone and his support for using the $3 million in the Island Water Fund for financing capital improvements. Dr. Howard Barth, a member of the Del Mar College Board of Regents, objected to the process which is being used to implement the Reinvestment Zone. Mr. Bill Whittle, a member of the Del Mar College Board of Regents, expressed the opinion that the Board should be included in the Reinvestment Zone process. Mayor Turner called for comments from the audience. inutes Special Council Meeting November 30, 1989 Page 3 Mr. Phillip Rosenstein, 949 Babalo, and Mr. David Saenz, 1430 17th Street, expressed their opposition to establishment of the Reinvestment Zone. Mr. Bob Shattuck, Executive Vice President of the Builders' Association, stated that improvements are necessary on the Island to ensure future development. Council Member Martin suggested that the Reinvestment Zone issue be placed on the upcoming Council Agenda; that staff present a report, including financing charts, on the feasibility of using the $3 million in the Island Water Fund on the proposed projects and clarifying the commitment made between the taxing entities regarding the Aquarium Bonds. A brief discussion ensued relative to the area currently in bankruptcy proceedings and how creation of the Zone would affect these parties. There being no further business to come before the Council, Mayor Turner declared the meeting adjourned 8:30 p.m. * * * * * * * * * * * * * I HEREBY CERTIFY that the foregoing is a true and correct copy of the Minutes of the Special Council Meeting of the City of Corpus Christi of November 30, 1989, which were approved by the City Council on December 12, 1989. WITNESSETH MY HAND AND SEAL, this the 011 1990. Betty Turner, Mayor Armando Chapa City Secretary