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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 />December 4, 2019
<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 />December 4, 2019, at 6:30 p.m., in the Council Chambers of City Hall, 604 West Fairmont Parkway,
<br />La Porte, Texas, and the roll was called of the duly appointed members of the Board, to -wit:
<br />Peggy Antone, Secretary
<br />Position 1
<br />Mark Goodwin
<br />Position 6
<br />Barry Beasley
<br />Position 2
<br />Chester Pool, Vice -Chair
<br />Position 7
<br />Alton Porter
<br />Position 3
<br />David Janda
<br />Position 8
<br />Horace Leopard
<br />Position 4
<br />Vacant
<br />Position 9
<br />Doug Martin, Chairman
<br />Position 5
<br />and all of the above were present, with the exception of Directors Porter, Pool and Janda, thus
<br />constituting a quorum. Also present were David Hawes, Naina Magon and Linda Clayton, all with
<br />Hawes Hill & Associates, LLP; Corby Alexander, Jason Weeks and Ryan Cramer, all with the City of La
<br />Porte; Virginia Blake, McCall Gibson Swedlund Barfoot PLLC; Javier Morales and Alan Moore, both of
<br />J. Morales, Inc. Chairman Martin called the meeting to order at 6:31 p.m.
<br />APPROVE MINUTES OF THE JOINT LA PORTE REDEVELOPMENT AUTHORITY AND LA PORTE
<br />TAX INCREMENT REINVESTMENT ZONE MEETING HELD ON AUGUST 21, 2019.
<br />Upon a motion duly made by Director Beasley, and being seconded by Director Goodwin, the Board
<br />voted unanimously to approve the Minutes of the August 21, 2019, joint Board meeting, as presented.
<br />RECEIVE AND APPROVE FY2019 ANNUAL FINANCIAL REPORT AND AUDIT FROM McCALL
<br />GIBSON SWEDLUND BARFOOT PLLC.
<br />Ms. Blake presented the FY2019 Annual Financial Report and Audit, included in the Board materials.
<br />She went over page 8, Statement of Net Position and Government Funds Balance Sheet, page 9,
<br />Reconciliation of the Governmental Funds Balance Sheet to Statement of Net Position; page 10,
<br />Statement of Activities and Governmental Funds Statement of Revenues, Expenditures and Changes
<br />in Fund Balances; page 11, Reconciliation of the Governmental Funds Statement of Revenues,
<br />Expenditures and Changes in Fund Balances to the Statement of Activities; and pages 12-21, Notes to
<br />the Financial Statements. Mr. Hawes reviewed page 18 and stated that after the payments to Liberty
<br />Property tonight in the amount of $1,169,012 the balance owed of $588,693 will be paid next year.
<br />Staff requested the auditor to change the authority's phone number on page 25 to (713) 595-1200.
<br />Upon a motion duly made by Director Beasley, and being seconded by Director Leopard, the Board
<br />voted unanimously to approve the FY2019 Annual Financial Reportan Audit, with discussed revision.
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