Reinvestment Zone No. 3 - Downtown

Corpus Christi Regional Transportation Authority, 602 N. Staples St., 2nd Floor Board Room (Rm. 210)

Agenda — 18 items

1. A. Chairman Mike Pusley to call the meeting to order. ▶ jump to 8:35
2. B. City Secretary Rebecca Huerta to call roll of the Corporation Directors. ▶ jump to 8:52
3. C. PUBLIC COMMENT: ▶ jump to 9:21
4. 4 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.
5. D. MINUTES: (NONE)
6. E. FINANCIAL REPORT: (NONE)
7. F. EXECUTIVE SESSION ITEMS:
8. 1. 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 regarding economic development agreement(s) involving Agnes Water LLC and/or other entities involved with a development at or near 401 Water Street in the downtown area. withdrawn
9. G. AGENDA ITEMS: ▶ jump to 10:08
10. 2. Motion approving Tax Increment Reinvestment Zone #3 Board Meeting Calendar 24-0152 approved Pass ▶ jump to 10:11
11. 3. Motion to approve a Downtown Development Agreement with Marty McPies, LLC for improvements to the property located at 300 N Shoreline Boulevard for a total incentive amount not to exceed $27,458, effective upon signature by the City Manager or designee. 24-0114 approved Pass ▶ jump to 10:35
12. 4. Motion to approve a Downtown Development Agreement with Nueces Lofts Partners, LLC for improvements to the property located at 317 Peoples Street for a total incentive amount not to exceed $15,175, effective upon signature by the City Manager or designee. 24-0115 withdrawn
13. 5. Motion to approve a Downtown Development Reimbursement Agreement with Corpus Christi Cosmopolitan, LLC for improvements to the property located at 401 N Chaparral Street, Retail Suite A for a total incentive amount not to exceed $20,000, effective upon signature by the City Manager or designee. 24-0116 approved Pass ▶ jump to 14:32
14. H. PRESENTATION ITEMS: ▶ jump to 17:44
15. 6. Downtown Management District Updates 24-0117 presented ▶ jump to 17:47
16. 7. Downtown Management District 2022-2023 Impact Report 24-0118 presented ▶ jump to 24:45
17. I. ADJOURNMENT
18. 18 * 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.