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A20 The Board of Directors of the La Porte Redevelopment Authority, City of La Porte, Texas, and La Porte Tax Increment Reinvestment Zone, held a regular joint meeting, open to the public, on Wednesday, August 26, 2020, at 6:30 p.m., via videoconference, and the roll was called of the duly appointed members of the Board, to-wit: Peggy Antone, 3¤¢±¤³ ±¸ Position 1 Mark Goodwin Position 6 Barry Beasley Position 2 Vacant Position 7 Alton Porter Position 3 David Janda Position 8 Horace Leopard Position 4 Vacant Position 9 Doug Martin, #§ ¨±¬ Position 5 and all of the above were present, with the exception of Directors Beasley, Leopard and Goodwin, thus constituting a quorum. Also present were David Hawes, Linda Clayton, Naina Magon and Leticia Rodriguez, all with Hawes Hill & Associates, LLP; Jason Weeks and Corby Alexander, City of La Porte; and Javier Morales, J. Morales, Inc. Chairman Martin called the meeting to order at 6:34 p.m. Upon a motion duly made by Director Antone, and being seconded by Director Janda, the Board voted unanimously to approve the Minutes of the April 15, 2020, Board meeting, as presented. 2- Mr. Hawes reviewed the McCall Gibson Swedlund Barfoot PLLC proposal to prepare the Annual Financial Report and Audit for FY2020 and FY2021. He reported the estimated fees to prepare the audit range between $8,250.00 to $9,250.00 for each fiscal year. Upon a motion duly made by Director Janda, and being seconded by Director Porter, the Board voted unanimously to approve the proposal from McCall Gibson Swedlund Barfoot PLLC to prepare the FY2020 and FY2021 annual financial report and audit, as presented. Mr. Morales provided an update on the M Street project. He reported JMI received comments on the 60% plans last week and he anticipates the plans will be complete by the end of the month. No action from the Board was required. Mr. Hawes presented the Developer Disbursements for Tax Year 2019 Values, included in the Board materials. He reported the recommended payments to the developers are (1) 65 La Porte in the amount of $132,577.30; (2) Retreat at Bay Forest LP in the amount of $6,153.00; (3) Beazer Homes Texas LP in the amount of $110,900.82; (4) Senior Associates in the amount of $10,457.39; and (5)