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9. Receive updates from the city, developers and staff with regard to development within <br />the Zone; <br />Mr. Livingston, briefed the Board members with regard to development within the Zone. He <br />reported on the new Hampton Inn on the west side of State Highway 146. He said the property is <br />valued at $5 million. He said that there are two acres of pad sites for development in front of the <br />hotel. He reported on recent interest by developers in the possible development of tax credit <br />multi -family housing units on McCabe Road. It was noted that the Board has not favored similar <br />proposals in the past. No action was taken. <br />10. Board member comments; <br />a) Matters appearing on agenda; <br />b) Inquiry of staff regarding specific factual information or existing policy <br />Director Graham said he is appreciative of the TIRZ and the work that it performs on behalf of <br />the City and the community. He explained that he has abstained on every vote taken at this Board <br />meeting upon the advice of his attorney, so as to not be in potential violation of the City of <br />LaPorte's new Ethics Ordinance. No action was taken. <br />11. Adjournment. <br />Chair Pfeiffer adjourned the meeting at 7:27 p.m. <br />Signed: <br />Title: <br />Attest: <br />Title: <br />Date: Date: <br />