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02-25-08 Special Called Regular Meeting of the La Porte Development Corporation Board of Directors
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02-25-08 Special Called Regular Meeting of the La Porte Development Corporation Board of Directors
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City Meetings
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La Porte Development Board Corporation/Type B
Meeting Doc Type
Minutes
Date
4/7/2008
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<br />e. Examine the potential of the general aviation airport. <br /> <br />f. Examine potential for attracting professional support services for <br />operations at Barbour's Cut and Bayport facilities as well as the New <br />Cruise Terminal. <br /> <br />g. Examine potential funding sources, grant opportunities, in kind services, <br />etc. How can & should the city compete to attract & retain firms in the <br />target areas? Examine the potential for promoting assistance through Tax <br />Policies and the preliminary economic development incentives policy <br />which can include: <br />Property and Sales Tax Incentives <br />Tax Abatements and Tax Increment Financing <br />Public Improvement Districts <br />Freeport Exemptions <br />Foreign Trade Zones <br />380 Agreements <br />Enterprise/Empowerment Zones <br /> <br />5. Assessment of the regional Houston MSA economy - movement in regional <br />Houston economy in the last 5 years, the current situation and future direction of <br />the Houston economy should be included as part of the overall effort. Also, an <br />assessment as to how the changes in the Houston economy are likely to affect <br />the southeast portion of the Gulf Coast and the City of La Porte and its plans <br />should also be undertaken. <br /> <br />6. Identification of Alternative Strategies - The consultant should develop several <br />alternative strategies for achieving the type of economic development that is <br />desired by the City of La Porte. The positives and negatives of each strategy <br />should be outlined carefully and a recommended strategy provided by the <br />consultant to the city. <br /> <br />Contents of the Proposal <br /> <br />The proposal should contain the following major sections. <br />4 <br />
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