Laserfiche WebLink
20 <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 Monday, <br />November 30, 2020, at 6:30 p.m., via videoconference, and the roll was called of the duly appointed <br />members of the Board, to-wit: <br /> <br />Peggy Antone, 3¤¢±¤³ ±¸ Position 1 Mark Goodwin Position 6 <br />Barry Beasley Position 2 vacant Position 7 <br />Alton Porter Position 3 David Janda Position 8 <br />Horace Leopard Position 4 Vacant Position 9 <br />Doug Martin, #§ ¨±¬ ­ Position 5 <br /> <br />and all of the above were present, with the exception of Directors Beasley, Porter, and Leopard, 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 Lorenzo Wingate, City of La Porte; <br />Virginia Blake, McCall Gibson Swedlund Barfoot PLLC; and Javier Morales, J. Morales, Inc. Chairman <br />Martin called the meeting to order at 6:41 p.m. <br /> <br />APPROEVELO <br />Upon a motion duly made by Director Janda, and being seconded by Director Goodwin, the Board <br />voted unanimously to approve the Minutes of the August 26, 2020, Board meeting, as presented. <br /> <br />C. <br /> <br />Ms. Blake presented the FY2020 Annual Financial Report and Audit, included in the Board materials. <br />She reviewed the Independent Auditors Report and reported an unmodified/clean opinion. She <br />went over pages 3-7, Managements Discussion and Analysis; page 8, Statement of Net Position and <br />Governmental Funds Balance Sheet; page 9, Reconciliation of the Governmental Funds Balance Sheet <br />to Statement of Net Position; page 10, Statement of Activities and Governmental Funds Statement of <br />Revenues, Expenditures and Changes in Fund Balances; pages 12-22, Notes to the Financial <br />Statements; and page 24, Schedule of Revenues, Expenditures and Changes in Fund Balance Budget <br />and Actual General Fund. Upon a motion duly made by Director Janda, and being seconded by <br />Director Goodwin, the Board voted unanimously to approve the FY2020 Annual Financial Report and <br />Audit, as presented. <br /> <br /> <br /> <br />