Monthly Archives: April 2017

Local publisher making an impact on both new residents and foodies alike

For Immediate Release
April 7, 2017
Contact: Cassandra Strom, Publisher
padreislandbusinessbranding@gmail.com
361-949-0735 office
740-706-2009 cell
MoveToCorpusChristi.com
TheTasteMenuGuide.com

Local publisher making an impact on both new residents and foodies alike

Corpus Christi Publisher Cassandra Strom and her staff have been busy putting the final touches on the latest editions of The Official Corpus Christi Relocation & Newcomers Guide and The Taste Local Restaurant Menu Guide. The two full color annual magazines have been a labor of love, but a labor, nonetheless.

“I love our city and want to share with everyone the beauty I see in Corpus Christi,” Strom stated. “It is important that when people are moving to a new area they see all the best that city has to offer, and that is why we work so hard to put together the comprehensive resources that are being released.”

Strom owns Padre Island Business Branding, a small business that has been publishing and distributing Corpus Christi’s only relocation guide for the past three years. From that project came a separate magazine, The Taste Local Restaurant Menu Guide, which is in its second edition. Working together with a skilled group of artists, salespeople, editors, content managers and advisors, her staff finalized the new editions of the magazines late last month and received shipment of the over 65,000 copies. They are now busy distributing the latest issues throughout the Coastal Bend.

The Relocation Guide has grown by 20% two years in a row and this issue features expanded information on different neighborhoods throughout the area, school districts, healthy living, attractions and more. They have also added many new local restaurants to The Taste Menu Guide and redesigned the two websites that feature the different magazines, movetocorpuschristi.com and thetastemenuguide.com.

Strom shared, “It is so important to showcase locally owned businesses who are the backbone of our community. We work hard to give them an outlet and provide a beautiful way to tell their story alongside the info we gather from different agencies around the city.”

The public is invited to join the publisher and her staff as they unveil the new magazines at two upcoming events. The Relocation & Newcomers Guide release will be held at La Palmera Mall from 5-7pm on Monday April 7; look for the set-up near the Food Court Aquarium. The release for The Taste Local Restaurant Menu Guide will be held Monday, April 17 from 5-7pm at Costa Sur Wok & Ceviche Bar at 15113 South Padre Island Drive on the Island. A ribbon cutting will be at 5:15 that evening. More information can be found on their Facebook events pages.

City Council Vote On Refunding

City Council Vote On Refunding

Bonds Could Save $25 Million

Corpus Christi City Council members recently authorized the issuance of at least three bond issues that have the potential of saving the City of Corpus Christi an estimated $25 million. The decision was made in the March 28 City Council meeting.

The City’s Financial Services Department said the amount would be saved as the result of several transactions. The first transaction will be the refunding of the City’s Utility System revenue obligations to the Bureau of Reclamation for the construction of Choke Canyon Dam. The projected net present value savings for this transaction is approximately $9.1 million. The second transaction will be a loan from the Texas Water Development Board through its Drinking Water State Revolving Fund to refund bonds previously issued for the construction of Mary Rhodes Pipeline, Phase 2. Projected savings from this transaction is over $14 million. The third transaction will be the refunding of any outstanding Utility System revenue bonds that would generate savings. In the current market environment, the projected net present value savings of this transaction is approximately $1.9 million.

The “refunding of a bond” occurs when a lower interest rate is obtained to generate savings.

Financial Services Director Constance P. Sanchez says the interest rate for the Texas Water Development Board bond has already been negotiated at rate of 1.77% and will generate a net present value savings for the City of $14 million over the remaining life of the 29-year loan.

Sanchez says the time is right for these bonds to be refunded because although interest rates are currently low, they have begun to increase. “The sooner we get these lower rates locked in, the better,” says Sanchez. “It will mean a significant savings for the citizens of Corpus Christi.”

For more information, contact Financial Services Director Constance P. Sanchez at (361) 826-3227 or at ConstaceP@cctexas.com.