HomeMy WebLinkAbout027092 RES - 12/19/2006RESOLUTION
ADOPTING THE CORPUS CHRISTI COMMERCIAL
REVITALIZATION LOCAL STRATEGIC PLAN
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI,
TEXAS
SECTION 1. The City Council, as the governing body of the City of Corpus Christi,
adopts the City of Corpus Christi Commercial Revitalization Local Strategic Plan for the
City's Renewal Community Commercial Revitalization Deduction Allocation Program.
The plan is attached to this resolution as Attachment 1. This plan replaces the plan
adopted on December 22, 2005 by Resolution 026588.
SECTION 2. The City Manager is directed to forward a copy of this resolution and the
City of Corpus Christi Commercial Revitalization Local Strategic Plan to the Executive
Director Texas Department of Economic Development.
Armando Chapa
City Secretary
APPROVED: December 13, 2006.
By
writ,
Gary W. Smith
Assistant City Attorney
for City Attorney
Renewal Community Strategic Plan 061219
CITY • CORPUS CHRISTI
.►w fi.L.L, / L.. "Al
H-nry Gar' -tt
Mayor
02709?
Corpus Christi, Texas
2006
The above resolution was passed by the following vote:
Henry Garrett
Brent Chesney
John E. Marez
Melody Cooper
Jerry Garcia
Bill Kelly
Rex A. Kinnison
Jesse Noyola
Mark Scott
Renewal Community Strategic Plan 061219
(127n92
Attachment 1
'r'tirAorarrt
City of Corpus Christi
2006 -2007 Renewal Community
Christi I Commercial Revitalization Local Strategic Plan
1 The Coordinating Responsible Authority (CoRA) for the Corpus Christi
Renewal Community will submit contact information to the Office of the
Governor
21 The process for receiving applications is as follows:
a. Public notice inviting applications for commercial revitalization
allocations will be published in the Corpus Christi Caller -Times at a
minimum of once a year indicating deadlines for submitting
applications. The Public Notice will provide applicants a minimum
of 30 days notice of the deadline to submit applications.
b. Two Renewal Community bus tours will be held each year -one in
Spring and one in the Fall.
c. Small Business Development seminars will be held in the Spring
and Fall of each year
d. Application information will be available by contacting the CoRA
and via the City of Corpus Christi's web site, or by contacting the
Renewal Community consultant, Mannti Cummins @
mannti@cummins- cpa.com
e. Applications will be reviewed for completion and considered only if:
The building and its structural components will be replaced
in service by the taxpayer in the Renewal Community and
the original use of the building will begin with the taxpayer or
the building will be substantially rehabilitated by the taxpayer
and is placed in service by the taxpayer after the
rehabilitation in the Renewal Community.
ii The expenditures of the project meet the statutory
requirement of the allowable Commercial Revitalization
expenditures.
ii. Request of allocation is less than $10 million.
The applicant is in good standing with the Texas Comptroller
of Public Accounts and the Texas Workforce Commission
has confirmed that the applicant is current on unemployment
insurance tax
3) Project applications will be accepted through July 31 of each year. At that
time all applications will be reviewed and selected based upon priorities
established in this plan
4) The CoRA will review the completed applications meeting the
requirements in Section E of this plan and make recommendations
through the City Manager, as the CEO of the governing body, to the City
Council based on the following criteria:
a The project will add value to the existing tax base.
b. The project proposes to directly or indirectly create or retain a
minimum of ten (10) permanent full -time jobs in the Renewal
Community.
c. The project adds residential and commercial square footage in the
Renewal Community
d. The applicant has completed the project or has financing in place to
complete the project.
e. The project contributes to the City's Area Development Plans.
f The Applicant demonstrates active involvement of residents and
nonprofit groups within the renewal community.
g. The project is located in a Texas Enterprise Zone, Reinvestment
Zone, Weed and Seed area, CDBG eligible area, or HUB Zone.
h. Project is eliminating slum or blight in a particular area within the
Renewal Community
Project is appropriately zoned.
Project will be completed by the end of the second calendar year in
which the allocation is made.
k. Project is a public /private partnership with the City and/or is a
project of the Corpus Christi Regional Economic Development
Corporation (CCREDC).
I Project provides housing in Census Tract 3.
m. Applicant commits to providing information on actual jobs created
and retained as a result of the proposed project.
City Council will review the recommendations made by CoRA through the
City Manager and will consider approval of the applications based on the
criteria set above at the City Council meeting.
If CRD Tax Credits are still available, another public notice will be issued
no later than the first week in September of the same year.
5) Within 10 working days following the approval of applications by the City
Council. the CoRA will submit to the office of the Governor the following
documentation:
a. A certification signed by the City Manager as the CEO of the
governing body that the governing body has followed the
procedures as indicated in this plan and to the best of his or her
knowledge, each application approved by the City Council is
complete and meets the requirements of the Commercial
Revitalization Deduction (CRD) Program.
b Copy of each application nominated by the City Council to receive
the CRD allocations, public notice for the application process,
governing body's motion nominating the project, reasonable
explanation for each project being selected or denied and identifies
the criteria set forth above in the explanation.
6) The Renewal Community CoRA will submit an annual report to the
Community Renewal Agency (CRA) describing the status of each active
project in its jurisdiction receiving CRD allocations. The annual reports will
be due March 1 of each calendar year beginning in 2003 and ending in
2010 and reporting on activity ending December 31 of the previous year.
The report will include the following information:
a. Status of all projects currently in process in addition to those
already in service (including success stories, press releases, and
any other news coverage).
b A brief narrative describing the impact of the CRD on the RC.
c. Number of direct and indirect jobs both new and retained and
approximate average salary.
d. Copy of the Renewal Community's annual report to the U.S.
Department of Housing and Urban Development.