Reinvestment Zone No. 3 - Downtown

Council Chambers

Agenda — 18 items

1. 1 Public Notice: 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. 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.
2. A. Chairman Everett Roy to call the meeting to order. ▶ jump to 8:27
3. B. City Secretary Rebecca Huerta to call roll of the Corporation Directors. ▶ jump to 8:37
4. C. PUBLIC COMMENT: ▶ jump to 9:08
5. 5 PLEASE BE ADVISED THAT THE OPEN MEETINGS ACT PROHIBITS THE BOARD OF DIRECTORS FROM RESPONDING AND DISCUSSING YOUR COMMENTS AT LENGTH. THE LAW ONLY AUTHORIZES THEM TO DO THE FOLLOWING: 1. MAKE A STATEMENT OF FACTUAL INFORMATION. 2. RECITE AN EXISTING POLICY IN RESPONSE TO THE INQUIRY. 3. ADVISE THE CITIZEN THAT THIS SUBJECT WILL BE PLACED ON AN AGENDA AT A LATER DATE.
6. D. MINUTES: ▶ jump to 9:22
7. E. FINANCIAL REPORT: ▶ jump to 9:41
8. 2. TIRZ #3 Financial Statements July 31, 2025 25-1480 presented ▶ jump to 9:43
9. F. EXECUTIVE SESSION ITEMS: (NONE)
10. G. AGENDA ITEMS: ▶ jump to 16:05
11. 3. Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with Pfluger Architects, Inc for the property located at 401 N Chaparral Street Unit C, which provides the developer with an extension for the completion date from September 30, 2025 to March 30, 2027, effective upon signature by the City Manager or designee to be paid out in Fiscal Year 2026-2027. 25-1411 approved Pass ▶ jump to 16:06
12. 4. Motion to approve a Downtown Development Agreement with Catholic Diocese of Corpus Christi for improvements to the property located at 501-505 N Upper Broadway for a total incentive amount not to exceed $474,283 effective upon signature by the City Manager or designee from the TIRZ #3 Streetscape and Safety Improvement Program to be paid out in Fiscal Year 2027- 2028. 25-1410 approved Pass ▶ jump to 27:02
13. 5. Motion to approve a Service Plan for Fiscal Year 2026 and renew the Interlocal Cooperation Agreement between Corpus Christi Tax Increment Reinvestment Zone #3 (TIRZ #3) and the Corpus Christi Downtown Management District (DMD) to encourage the redevelopment of TIRZ #3 in the amount of $875,000 for enhanced cleanliness, safety, placemaking, economic development, cultural programming, and incentive administration, $50,000 for downtown park maintenance activities, and $50,000 for downtown right-of-way maintenance activities, $160,000 for Corpus Christi Police Department public safety for community wide events, and $365,534 for DMD assessment match for a total contracted amount of $1,500,534. 25-1412 approved Pass ▶ jump to 39:43
14. H. PRESENTATION ITEMS: ▶ jump to 54:02
15. 6. Update on Downtown Living Initiative 25-1469 presented ▶ jump to 54:04
16. 7. DMD Updates 25-1413 presented ▶ jump to 60:40
17. I. ADJOURNMENT ▶ jump to 65:08
18. 19 * Regardless of the agenda heading under which any item is listed, any word or phrase of any item listed on this agenda shall be considered a subject for consideration for purposes of the Texas Open Meetings Act and other relevant laws, and the Board of Directors may deliberate and vote upon any such subject and resolutions related thereto. Any descriptions of property or amounts stated in this agenda are descriptive and not restrictive, and property and amounts may be changed in the motions, actions or documents. In addition to other items listed in this agenda, policies and procedures of this corporation, legal analysis of any items, policies or procedures, and any items that are currently receiving funding from this corporation may be discussed and deliberated and these matters are added as subjects of discussion to this meeting. This agenda has been reviewed and approved by the attorney for the governing body, and the presence of any subject or description in the Executive Session portion of this agenda constitutes a written interpretation of Chapter 551 of the Texas Local Government Code by the attorney for this corporation indicating that said subject or description thereof may be legally discussed in a closed meeting.