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<br />LA PORTE DEVELOPMENT CORPORATION BOARD <br />4 B Corporation <br /> <br />Purpose: The corporation is organized under, and shall be governed by, the Development <br />Corporation Act of 1979, Article 5190.6, Section 4B, Vernons Annotated Texas Civil <br />Statutes, as amended (the "Act"), and may issue bonds on behalf of the Unit for the <br />specific public purpose to undertake projects as described in Section 4b of Article 5190.6, <br />including but not limited to projects for the promotion of amateur athletics and sports <br />including ball parks, auditoriums, projects related to entertainment, convention, tourist, <br />and exhibition facilities, amphitheaters, concert halls, and public parks, park facilities and <br />events, open space improvements, learning centers, municipal buildings, museums and <br />related stores, restaurant, concession, and automobile parking facilities, related area <br />transportation facilities, and related roads, streets, and water and sewer facilities, <br />recycling facilities and projects to promote new or expanded business enterprises including <br />public safety facilities, streets and roads, drainage, and related improvements, demolition <br />of existing structures, and general improvements that are municipally owned, development <br />and expansion of affordable housing, as well as any other improvements or facilities that <br />are related to any of the above projects and any other project that the board determines <br />will promote new or expanded business enterprises, and the maintenance and operations <br />expenses for any of the above described projects. <br /> <br />Term: 2 year term <br /> <br />Meeting Time: Quarterly - just prior to the 2nd City Council Meetings in March, June, <br />September and December <br /> <br />Members: <br /> <br />Term Expires: <br /> <br />Chuck Engelken Ii <br />Mike Clausen ./ <br />Tommy Mq$er./ <br />Bill Love of <br />Ed Matuszak, Vice President V <br />Pat Muston, President (' <br />Deborah Johnson <br /> <br />8/31/2007 <br />8/31/2006 <br />8/31/2007 <br />8/3112006 <br />8/31/2007 <br />8/31/2006 <br />8/31/2007 <br /> <br />Staff Liaison: Assistant City Manager Cynthia Alexander <br />Secretary of Corporation, Martha A. Gillett, TRMC - City Secretary, City of La Porte <br /> <br />43 <br />