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01-13-14 Meeting of the La Porte Development Corporation Board of Directors
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01-13-14 Meeting of the La Porte Development Corporation Board of Directors
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1/14/2014 1:10:51 PM
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La Porte TX
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Agenda PACKETS
Date
1/13/2014
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Metes and Bounds description of Property: <br />A matching boundary survey is included in the packet. <br />ItemizedListofWorkCompleted to DatetoSecuretheProperty <br />Paymentofearnestmoney <br />Propertyisundercontractforpurchase <br />PhaseIEnvironmental“NoFurtherActionRequired”,datedMay24,2013. <br />ClosureLetterfromtheStateofTexas(T.E.C.Q.),December2012–Aftercurrent <br />ownerhaddoneaPhaseIIonsite. <br />Marketing–AerialPhotographsandDemographics(seeattached) <br />ItemizedListofExpensestoDate: <br />PhaseI-$2,500 <br />AerialPhotographs-$1,500 <br />Demographics-$750 <br />ArchitectandEngineering-$6,500 <br />EarnestMoney-$30,000 <br />CenterPointEnergyEasementRemoval-$1,000 <br />Survey-$4,800 <br />ArchitecturalSitePlanDesignwithCitycomments-$3,600 <br />AlleyEasementROWAcquisition-$6,500(est.) <br />$57,150. <br />TOTALinvestedcapitalatriskis <br />Other <br />ClosingSchedule for Phase #1–January 28, 2014 <br />Partners–RobertE.Johnson,Jr.andRobertE.Johnson,III <br />Rob Johnson is prepared to meet with the Board inExecutive Session to discuss any questions <br />about prospective retailers for the proposed, new retail development. <br /> <br />
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