HomeMy WebLinkAbout028697 RES - 07/20/2010RESOLUTION
DECLARING THE CITY OF CORPUS CHRISTI'S INTEREST IN
SUPPORTING A PRIVATE DEVELOPMENT EFFORT TO
CREATE AN ANCHOR PROJECT FOR FUTURE
DEVELOPMENT AND RE -DEVELOPMENT IN AN AREA IN THE
--VICINITY OF THE AMERICAN •BANK -CENTER
WHEREAS, Community leaders from the public and private sector have
recognized that land in and around the City's American Bank Center is underutilized and
does not fully support the use and operation of the American Bank Center; and
WHEREAS, A significant portion of the property in and around the City's
American Bank Center is owned by the City of Corpus Christi and the Port of Corpus
Christi; and
WHEREAS, It is desirable to create a regional employment center and mixed use
development and destination activity center in this area of the City; and
WHEREAS, The private development firms of Wallace Bajjali Development
Partners, L.P. and Innovative Leisure Partners ("The Developer") were approached by the
City and have indicated an interest in cooperatively seeking to investigate the feasibility
of a private development effort to develop an anchor project which will assist in the
City's effort to develop and re -develop an area in the vicinity of the American Bank
Center; and
WHEREAS, It is desirable to take steps to support and encourage the business
relationships -necessary -to -pursue the development process.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF CORPUS CHRISTI, TEXAS, THAT:
Section I. The City of Corpus Christi hereby declares its interest in investigating
the feasibility of a private development effort to develop an anchor project which will
assist in the City's effort to develop and re -develop an area in the vicinity of the
American Bank Center.
Section 2. In furtherance of this effort the City hereby declares its support and
encouragement for the efforts of the Developer to create an anchor project which will
assist in the City's effort to develop and re -develop an area in the vicinity of the
American Bank Center.
Section 3. The City hereby further declares its intent and desire to provide
whatever assistance, aid, encouragement and support, that is legally authorized, upon
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receipt of a request from the landowners on a proposed conceptual development plan, to
the Developer to make this project a successful reality.
DULY adopted at a regular meeting of the City Council of the City on the 20th of
July, 2010.
ATTEST:
By:
- • CITY -OF CORPUS -CHRISTI, TEXAS
IP 3 I)
Alh By:
Armando Chapa, City ecretary
APPROVED AS TO LEGAL FORM:
July 20 .2010.
By:
Carlos Valdez, City Attorney
Larry Elizondo, Mayor Pro Tem
2
4 J-
Corpus Christi, Texas
of
, 2010
The above resolution was passed by the following vote:
Joe Adame
Chris N. Adler
Brent Chesney
Larry R. Elizondo, Sr.
Kevin Kieschnick
Priscilla Leal
John E. Marez
Nelda Martinez
Mark Scott
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