Corpus Christi B Corporation - Type B

Council Chambers

Agenda — 23 items

1. 1 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.
2. 2 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.
3. A. President Diana Summers to call the meeting to order. ▶ jump to 14:20
4. B. Call Roll: ▶ jump to 14:26
5. C. PUBLIC COMMENT: ▶ jump to 14:51
6. D. MINUTES / EXCUSE ABSENCES
7. 1. Approval of Minutes for the Type B Board, June 8, 2026 Regular Meeting. 26-0942 approved ▶ jump to 22:10
8. E. FINANCIAL REPORT
9. 2. Type B Financial Reports as of May 31, 2026 26-1086 presented ▶ jump to 22:30
10. F. EXECUTIVE SESSION ITEMS:
11. 3. The Board will recess its regular session and reconvene in executive session pursuant to Texas Government Code section 551.071 (attorney consultation) and section 551.087 (economic development) to deliberate upon and seek legal advice from its attorney regarding David v. City of Corpus Christi, et al. pending in County Court, Count Court at Law No. 3, Nueces County, Texas and regarding the economic development incentive agreement between the Corpus Christi B Corporation and Elevate QOF, LLC for the development of a hotel and retail project. 26-1023 ▶ jump to 35:44
12. 4. Executive Session pursuant to Texas Government Code § 551.071 and Texas Disciplinary Rules of Professional Conduct Rule 1.05 to consult with attorneys concerning matters regarding legal issues related to economic development of 1525 N. Shoreline Blvd, Corpus Christi, Texas; pursuant to Texas Government Code § 551.087 to discuss or deliberate regarding commercial or financial information or economic development incentive(s) relating to 1525 N. Shoreline Blvd., Corpus Christi, Texas; and pursuant to Texas Government Code § 551.072 to discuss or deliberate regarding the purchase, exchange, lease, or value of real property located at 1525 N. Shoreline Blvd., Corpus Christi, Texas. 26-1021 passed after executive session ▶ jump to 35:51
13. G. AGENDA ITEMS:
14. 5. Consider action regarding the status of the Business Incentive Agreement between the Corpus Christi B Corporation and Elevate QOF, LLC, for the development of a hotel and retail project. 26-1108 passed ▶ jump to 42:50
15. H. PUBLIC HEARING:
16. 16 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.
17. 6. Public Hearing on the Capital Improvement Project for Art Museum HVAC Systems Improvements, Museum of Science & History Improvements and Harbor Playhouse - Building & HVAC Systems in an amount not to exceed $1,794,500. 26-1072 held ▶ jump to 46:18
18. 7. Public Hearing on the Capital Improvement Project for Floodwall Upgrades at the Science Museum in an amount not to exceed $4,255,000. 26-1073 held ▶ jump to 47:17
19. 8. Public Hearing on the Capital Improvement Project for Harbor Playhouse - Building & HVAC Systems Improvements in an amount not to exceed $3,588,650. 26-1074 held ▶ jump to 47:37
20. I. PRESENTATION ITEMS: None
21. J. EXECUTIVE DIRECTOR COMMENTS: ▶ jump to 47:57
22. K. ADJOURNMENT ▶ jump to 48:06
23. 23 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.