Laserfiche WebLink
<br />Mr. Morales provided an update on the M Street project. He reported he anticipates 100% plan <br />submittal to the City and County for review next week. He was requested to provide the City with an <br />updated budget estimate for the project. No action from the Board was required. <br /> <br />019. <br /> <br />Mr. Hawes reported we received an invoice from La Porte ISD for its refund in the amount <br />$716,911.00. Ms. Magon provided an overview of the developer reimbursements and reported <br />payments were made in August 2020 and the only developer due a disbursement for ISD payments <br />was 65 La Porte in the amount of $93,364.83. Upon a motion duly made by Director Janda, and being <br />seconded by Director Goodwin, the Board voted unanimously to approve the developer <br />disbursement payable to 65 La Porte in the amount of $93,364.83 for ISD payments; and approved <br />payment of the La Porte ISD refund in the amount of $716,911.00. <br /> <br />FY2020-GET. <br /> <br />Ms. Magon reviewed the Amended FY2020-FY2021 Budget, included in the Board materials. She <br />reported the revisions were made to reflect the ISD refund, ISD developer payment to 65 La Porte <br />and fees for the Plan Amendment services. Upon a motion duly made by Director Goodwin, and being <br />seconded by Director Antone, the Board voted unanimously to approve the amended FY2020- <br />FY2021 Budget, as presented. <br /> <br />FINA <br /> <br />Mr. Hawes reported the Second Amended Project Plan and Reinvestment Zone Financing Plan <br />includes a 5-year extension of the life of the TIRZ. Ms. Magon went over the updated project costs on <br />page 4 which includes Sylvan Park improvements in case the TIRZ determines it wishes to <br />participate. Mr. Hawes answered various questions and recommended under Other Project Costs <br />the Sylvan Beach Park Improvements be renamed Park and Recreation Improvements. After full <br />discussion by the Board, and upon a motion duly made by Director Antone, and being seconded by <br />Director Goodwin, the Board voted unanimously to approve the Second Amended Project Plan and <br />Reinvestment Zone Financing Plan, as amended. <br /> <br /> <br /> <br />Mr. Hawes presented the bookkeepers report, disbursements and invoices presented for payment. <br />Upon a motion duly made by Director Janda, and being seconded by Director Antone, the Board voted <br />unanimously to accept the bookkeepers report and approved payment of disbursements and <br />invoices, as presented. <br /> <br />ZONE. <br /> <br />Mr. Alexander provided an update on development in the zone. He reported staff has discussed with <br />the developer regarding the Artesian development requesting a variance on the limitation of square <br />Ћ ΋ tğŭĻ <br /> <br /> <br />