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03-28-05 Regular Meeting of La Porte Development Corporation
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03-28-05 Regular Meeting of La Porte Development Corporation
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City Meetings
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La Porte Development Board Corporation/Type B
Meeting Doc Type
Minutes
Date
3/28/2005
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<br />..... <br /> <br />8. Assist in briefing Developers, property owners and other persons concerning <br />proposed activities and developments that would complement public and private development <br />activities in the Zone; <br /> <br />9. Function as the information/complaint center for all matters relating to the <br />administration of the Zone and advise the Zone Board and the City in a timely manner of any <br />problems concemingthe Zone and the PID; and <br /> <br />10. 'Provide engineering, planning, legal, financial, real estate, and other services <br />through consultants engaged by the Authority as may be requested by the Zone Board or the City. <br /> <br />B. Services With Respect to the Plans and Enlargement of the Zone. <br /> <br />1. Act as consulfant to the Zone in the implementation and amendment of the <br />Plans in accordance with applicable law. <br /> <br />2. The Authority will review areas for addition to the Zone _~ requested by the <br />Zone Board and will provide information with respect to any proposed enlargement that may be <br />required by the Zone Board including, if requested, the information required for a preliminary Project <br />Plan and a preliminary Financing Plan with respect to the enlargement of the Zone. <br /> <br />C. Tax and Assessment Rolls. <br /> <br />1. . Assist the Zone Board and the City with respect to the preparation of special <br />tax. rolls relating to the Zone. The Authority will analyze property uses in the Zone, compare them to <br />the records of the Appraisal District, and attempt to reco'ncile the tax rolls of the Appraisal District <br />with the actual land uses. <br /> <br />2. Assist the City in securing a tax roll for the Zone each year, and assist the <br />Zone Board, the City, and the Appraisal District in having the Zone tax rolls correctly reflect the total <br />appraised value of real property in the Zone for that year: and showing separately the Tax Increment <br />Base and the Captured Appraised Value. The Authority, will assist the Zone Board and the City in <br />advising all Taxing Units participating in the Zone with respect to the Captured Appraised Value and <br />the amount of Tax Increment of each Taxing Unit which is to be paid into the Tax Increment Fund as <br />required by the TIRZ Act. <br /> <br />3. Assist the City in preparing the PID Assessment rolls, noticing and conducting <br />hearings, and collecting the Pill Assessments. <br /> <br />'\1 <br />. <br />I <br /> <br />Houston:367966.2 <br /> <br />6 <br /> <br />I <br />i <br />
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