1979-05-23 Special Meeting - Laserfiche WebLink

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• Special Meeting 5/23/79 3 The time table for the contracts would be about a month. Within thirty days we would like to formalize the contracts, keeping them as simple as possible; asking that each industry send a field note description. Mr. Hugh Patterson spoke on the first industrial contract negotiations, the proposed contracts, and that he was representing Du Pont, Houston Lighting & Power and Upjohn. Mr. John Sandlin felt that the effective. tax rate would be approximately 100$ increase. Literature was handed out to all representatives showing the top ten revenue accounts over, the past six years, and seven months of the current year and general information, capital projects and fiscal requirements. The City Administrator discussed the top ten revenue sources and the first seven months of the current year, giving some idea of the increases. • The Administrator read a memorandum: In February of this year the citizens of La Porte authorized the City-Council to issue $3,250,000.00 in general obligation bonds to finance sanitary sewer and potable water capital projects. These are the first bonds to be authorized and issued by the City of La Porte since 1965. During the hiatus of 1965-1979, La Porte has experienced substantial population growth with the majority of that growth coming in the past three to five years. Since 1970, for example, La Porte's population has increased from 7,149 (1970 census figure) to 11,025 (1978 special local census), an increase of 64 percent. This fast-paced growth is continuing. In the past 32 months the City of La Porte has issued 891 resi- dential and 51 commercial building permits. In addition, the three major tract subdivisions in La Porte (Fairmont Park, Glen .Meadows and Creekmont) have approximately 2,000 more home sites platted for development in the next few years. This fast-paced growth has placed a substantial strain on the City's facilities and the administration's ability to maintain an acceptable level of service delivery. Some items related to service delivery were/are the facilities, equipment and staff concerned with the overall management, accounting and information systems that provide support to the Council in determining policy and legislation for the proper administration of the government; facilities, equipment and staff to provide for Police and Fire services; facilities for the collection and treatment of sanitary • sewer; adequate long term supply of potable water and the realted facilities and infrastructure for storage and delivery; improved drainage, streets, street lighting and recreational facilities, etc., etc.