Complex Financing

CORPUS CHRISTI Eduardo Carrion resigned Wednesday after 16 months as the head of the Corpus Christi Regional Transportation Authority.

Jorge Cruz-Aedo, the RTA’s chief of administration, was named interim CEO.

Carrion, who worked at the RTA for nine years, gave Chairwoman Crystal Lyons a verbal resignation after a board meeting, he said. His resignation is effective immediately.

“When I became CEO, my goal was to solidify and streamline the internal operations of the RTA and I’ve done that,” Carrion said. “I appreciate the opportunity to take the leadership role but think I think it’s time to move on.”

Lyons said Carrion’s resignation was a surprise.

“It’s not what we expected, but we feel we’re in good hands with (Cruz-Aedo),” Lyons said.

Carrion recently completed several major projects and ensured others were well under way, she added. Those included a re-bra

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CORPUS CHRISTI Name: Kathy David

Title: CEO

Name of business: Texas Coast Signs, LLC

Address: 4639 Corona Drive, Suite 40, Corpus Christi, TX 78411

Phone: 361-851-8771

Website: www.txcoastsigns.com

Company description: We build, install and repair custom signs. We offer in-house graphic design and logo development, large-format digital printing and laminating for vehicle wraps, storefront graphics and trade show advertising. We have a master electrician on staff for electrical signs.

Hometown: Peoria, Ill.

Years in business: Three

Tenure in position: Three years

Education: High School in Dunlap, Ill., attended the University of New Mexico Anderson School of Management.

First job: At 14, I was a carhop at Rainbow Drive-In. It was a great learning experience and taught me the importance of good customer service.

Biggest career break: I was hired by a small painting contractor who gave me the support and trust to run his business office.

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CORPUS CHRISTI More than 1,000 fans turned out to meet pro skateboarders Tony Alva and Ray Barbee at Vans in La Palmera Saturday, according to mall officials.

Alva, who won the first professional skateboarding world championship in 1977, was part of the Z-Boys, a skateboarding group featured in the 2005 movie ‘Lords of Dogtown’.

CORPUS CHRISTI Harry Lee Chester gets about 8 percent of his orders from out of state. The president of Corpus Christi Stamp Works seeks to expand that part of his business and achieving HUBZone certification will bring him closer to his goal.

A HUBZone, or historically under-utilized business zone, is a designation aimed at helping businesses located in distressed areas, such as those with high unemployment and low incomes.

“Before we got the certification, we didn’t fit in that category, which limited our chances of getting contracts,” said Chester, who received certification on April 12 for his company, which manufactures signs and rubber stamps. “It’s not a cure-all.

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COASTAL BEND There were no new drilling permit applications filed for Bee, Brooks, Jim Wells, Kenedy, Refugio or San Patricio counties.

ARANSAS COUNTY

Chaparral Energy, LLC, of Oklahoma City has filed for a permit to directionally drill the No. 1 State Tract 19 to a depth of 11,800 feet in the Mesquite Bay (Frio MF-2) field. The well will be 16 miles northeast of Rockport in Section 25 of the Aransas CSL Survey A-230.

DUVAL COUNTY

Chapco, Inc., of Benavides has filed a permit to drill the No. 9 W. A. Tinney Estate (API 42-131-39208) to a depth of 2,500 feet in the Piedras Pintas Dome field. The well will be 1.9 mile east of Benavides in the A. J. Bryant Survey A-68.

KLEBERG COUNTY

Paladin Petroleum III, LLC, of Austin has filed a permit to directionally drill the No. 5 Wright (API 42-273-32523) to a depth of 10,000 feet in the Falfurrias (9200 Vicksburg) field.

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