File #: 25-1018    Version: 1 Name:
Type: Corporation Meeting Status: Filed with the City Secretary
File created: 6/30/2025 In control: City Council
On agenda: 7/29/2025 Final action: 7/29/2025
Title: Special Board Meeting of the Corpus Christi Housing Finance Corporation (CCHFC) to consider a Motion authorizing the General Manager to solicit proposals from qualified firms, execute a contract in an amount not to exceed $150,000.00, enter into a Cooperation Agreement with the Corpus Christi Housing Authority, and expend up to $75,000 from Corpus Christi Housing Finance Corporation funds to develop a Housing Needs Assessment and Housing Toolkit that identifies Corpus Christi’s current and future housing needs and consider a Resolution authorizing the sale of the Costa Tarragona I and Costa Tarragona II Apartments to HKSK Corp. (or its permitted assigns), consenting to the assignment of the respective ground leases for such apartments, and approving various other matters required in connection with such sale.
Sponsors: Planning and Community Development Department
Attachments: 1. Agenda - CCHFC Special Meeting 07.29.2025, 2. Minutes - June 17, 2025, 3. Agenda Memo - Housing Analysis v2, 4. Presentation - Housing Analysis, 5. Scope of Work -Housing Needs and Toolkit, 6. Agenda Memo - Sale of Costa Tarragona I and II, 7. Resolution - Authorizing Sale of Cost Tarragona I and II, 8. Letter of Intent - HKSK Corp., 9. Purchase and Sale Agreement Costa Tarragona I, 10. Purchase and Sale Agreement Costa Tarragona II

Title

Special Board Meeting of the Corpus Christi Housing Finance Corporation (CCHFC) to consider a Motion authorizing the General Manager to solicit proposals from qualified firms, execute a contract in an amount not to exceed $150,000.00, enter into a Cooperation Agreement with the Corpus Christi Housing Authority, and expend up to $75,000 from Corpus Christi Housing Finance Corporation funds to develop a Housing Needs Assessment and Housing Toolkit that identifies Corpus Christi’s current and future housing needs and consider a Resolution authorizing the sale of the Costa Tarragona I and Costa Tarragona II Apartments to HKSK Corp. (or its permitted assigns), consenting to the assignment of the respective ground leases for such apartments, and approving various other matters required in connection with such sale.