Corpus Christi B Corporation - Type B

Council Chambers

Agenda — 24 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 Leah Pagan Olivarri to call the meeting to order. ▶ jump to 5:59
4. B. Call Roll: ▶ jump to 6:04
5. C. PUBLIC COMMENT: ▶ jump to 6:35
6. D. MINUTES / EXCUSE ABSENCES
7. 1. Approval of Minutes for the Type B Board June 17, 2024 Regular Meeting. 24-1079 approved ▶ jump to 6:47
8. E. FINANCIAL REPORT
9. 2. Type B Financial Reports as of May 31, 2024 24-1112 presented ▶ jump to 54:05
10. F. EXECUTIVE SESSION ITEMS: None
11. G. AGENDA ITEMS:
12. 3. Resolution amending and reaffirming the Corpus Christi B Corporation’s Investment Policy and Investment Strategy for the Fiscal Year 2024-2025 24-1035 recommended for approval ▶ jump to 46:17
13. 4. Motion to approve an amendment to the Corpus Christi B Corporation Guidelines and Criteria for Granting Business Incentives. 24-1166 recommended for approval ▶ jump to 47:40
14. 5. Motion to approve the Corpus Christi B Corporation’s Fiscal Year 2024-2025 operating budget for Economic Development, Housing and Streets. 24-1129 recommended for approval ▶ jump to 58:02
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 and Motion authorizing a business incentive agreement with the South Texas Military Housing (STMH) in the amount up to $1,000,000.00 for the construction of a Chief of Naval Air Training (CNATRA) Flag Officer quarters at Naval Air Station - Corpus Christi (NASCC). 24-1131 passed ▶ jump to 7:54
18. I. PRESENTATION ITEMS:
19. 7. Del Mar College - Enhanced Skills Training for High Demand Careers 24-1164 presented ▶ jump to 14:31
20. 8. Proposed Innovation Fund Presentation 24-1148 presented ▶ jump to 21:57
21. 9. Corpus Christi Regional Economic Development Corporation (CCREDC) Quarterly Report 24-1130 presented ▶ jump to 34:32
22. J. EXECUTIVE DIRECTOR COMMENTS:
23. K. ADJOURNMENT ▶ jump to 125:29
24. 24 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.