Corpus Christi B Corporation - Type B

Council Chambers

Agenda — 22 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 Alan Wilson to call the meeting to order. ▶ jump to 6:11
4. B. Call Roll: ▶ jump to 6:14
5. C. PUBLIC COMMENT: ▶ jump to 6:36
6. D. MINUTES / EXCUSE ABSENCES
7. 1. Approval of Minutes for the Type B Board January 27, 2025 Regular Meeting. 25-0196 approved ▶ jump to 13:00
8. 2. Approval of Minutes for the Type B Board February 10, 2025 Special Meeting. 25-0306 approved as amended ▶ jump to 14:47
9. E. FINANCIAL REPORT
10. 3. Type B Financial Reports as of January 31, 2025 25-0397 presented ▶ jump to 14:50
11. F. EXECUTIVE SESSION ITEMS:
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 legal issues related to potential economic development incentive agreement(s) involving Next Sports Company, LLC., desiring to engage in commercial development at or near the intersection of Old Brownsville Road and S Padre Island Drive within the City of Corpus Christi and pursuant to Texas Government Code § 551.087 to discuss or deliberate regarding commercial or financial information relating to some or all of the aforementioned matter(s) or entities that the Corporation seeks to have locate, stay, or expand within the City limits and with which the Corporation is conducting economic development. 25-0388 ▶ jump to 27:46
13. G. AGENDA ITEMS:
14. H. PUBLIC HEARING:
15. 15 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.
16. 5. Public Hearing and Motion authorizing an Affordable Housing Project Agreement with TG 110 Palms at Morris, LP in the amount of $1,160,100 for the development of 72 affordable senior housing rental units located at Morris and 19th Streets. 25-0401 recommended for approval ▶ jump to 28:36
17. I. PRESENTATION ITEMS:
18. 6. Drought Resiliency Workforce Stability Grant Program Update 25-0389 presented ▶ jump to 42:08
19. 7. Corpus Christi Regional Economic Development Corporation (CCREDC) Quarterly Report 25-0383 presented ▶ jump to 50:56
20. J. EXECUTIVE DIRECTOR COMMENTS: ▶ jump to 64:44
21. K. ADJOURNMENT ▶ jump to 64:49
22. 22 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.