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MINUTES OF THE JOINT MEETING OF THE
<br />LA PORTE REDEVELOPMENT AUTHORITY and
<br />LA PORTE TAX INCREMENT REINVESTMENT ZONE
<br />BOARD OF DIRECTORS
<br />January 31, 2018
<br />DETERMINE QUORUM; CALL TO ORDER.
<br />The Board of Directors of the La Porte Redevelopment Authority, City of La Porte, Texas, and La Porte
<br />Tax Increment Reinvestment Zone, held a regular joint meeting, open to the public, on Wednesday,
<br />January 31, 2018, at 6:30 p.m., in the Council Chambers of City Hall, 604 West Fairmont Parkway, La
<br />Porte, Texas, and the roll was called of the duly appointed members of the Board, to -wit:
<br />Peggy Antone, Secretary Position I
<br />Barry Beasley Position 2
<br />Alton Porter Position 3
<br />Horace Leopard Position 4
<br />Doug Martin, Chairman Position S,
<br />JJ Meza Position 6
<br />Chester Pool, Vice -Chair Position 7
<br />David Janda Position 8
<br />Vacant Position 9
<br />and all of the above were present, with the exception of Director Porter, thus constituting a quorum.
<br />Also present were David Hawes, Hawes Hill & Associates, LLP; Corby Alexander, Jason Weeks, Ryan
<br />Cramer and Traci Leach, all with the City of La Porte; and Virginia Blake, McCall Gibson Swedlund
<br />Barfoot PLLC. Others attending the meeting were Charles and Sandra Anders, Vista Oaks LLC.
<br />Chairman Martin called the meeting to order at 6-,30 p.m.
<br />APPROVE MINUTES OF THE JOINT LA PORTE REDEVELOPMENT AUTHORITY AND LA PORTE
<br />TAX INCREMENT REINVESTMENT ZONE MEETING HELD ON AUGUST 23,2017.
<br />Upon a motion duly made by Director Beasley, and being seconded by Director Pool, the Board voted
<br />unanimously to approve, the Minutes of the August 23, 2017, Board meeting, as presented.
<br />RECEIVE AND APPROVE FY2017 AUDIT FROM MCCALL GIBSON SWEDLUND BARFOOT PLLC.
<br />Ms. Blake presented FY2017 Audit, included in the Board agenda materials. She reviewed pages 3-7,
<br />Management Discussion and Analysis; page 8, Statement of Net Position and Governmental Funds
<br />Balance Sheet, page 9, Reconciliation of Governmental Funds Balance Sheet to Statement of Net
<br />Position; page 10, Statement of Activities - Revenues, Expenditures and Changes in Fund Balances;
<br />page 11, Reconciliation of Statement of Revenues, Expenditures and Changes in Fund Balance to
<br />Statement of Activities; and page 12-21 Notes to the Financial Statements. Upon a motion duly made
<br />by Director Pool, and being seconded by Director Janda, the Board voted unanimously to approve the
<br />FY2017 Annual Financial Report, as presented.
<br />CONSIDER PROPOSAL FROM MCCALL GIBSON SWEDLUND BARFOOT PLLC TO PREPARE
<br />AGREED UPON PROCEDURES REPORT FOR LIBERTY PROPERTY LIMITED PARTNERSHIP IN
<br />ACCORDANCE WITH THE TERMS OF THE DEVELOPER AGREEMENT.
<br />Upon a motion duly made by Director Antone, and being seconded by Director Leopard, the Board
<br />voted unanimously to approve the proposal from McCall Gibson Swedlund Barfoot PLLC to prepare
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