Laserfiche WebLink
related thereto, for the transfer of 912 W. Main Street to Marty Campise and Joe Bertuglia for the <br />development of medical/office space and retail space. Board member Cooksley seconded. <br />MOTION PASSED. <br />Ayes: President Warren and Board members Engelken, Clausen and <br />Cooksley <br />Nays: None <br />Absent: Board members Zemanek, Clausen and Ojeda <br />4. Consider approval or other action to authorize the La Porte Development Corporation Board <br />president to negotiate and execute a purchase and sale agreement, and any necessary <br />agreements and instruments related thereto, for the transfer of 911 and 915 S. 8th Street from the <br />City of La Porte to the La Porte Development Corporation, acting as an independent foundation, for <br />the resale of such property to G Force Development, Inc. for the development of office space <br />and for the La Porte Development Corporation Board president to negotiate and execute a <br />purchase and sale agreement, and any necessary agreements and instruments related thereto, for <br />the transfer of 911 and 915 S. 8th Street to G Force Development, Inc. for the development of office <br />space— T. Leach <br />5. <br />6. <br />7. <br />Assistant City Manager Traci Leach presented a summary. <br />Board member Engelken moved to authorize the La Porte Development Corporation Board <br />president to negotiate and execute a purchase and sale agreement, and any necessary <br />agreements and instruments related thereto, for the transfer of 911 and 915 S. 8th Street from the <br />City of La Porte to the La Porte Development Corporation, acting as an independent foundation, for <br />the resale of such property to G Force Development, Inc. for the development of office space <br />and for the La Porte Development Corporation Board president to negotiate and execute a <br />purchase and sale agreement, and any necessary agreements and instruments related thereto, for <br />the transfer of 911 and 915 S. 8th Street to G Force Development, Inc. for the development of office <br />space. Board member Woodard seconded. MOTION PASSED. <br />Ayes: President Warren, Board members Engelken, Woodard and <br />Cooksley <br />Nays: None <br />Absent: Board members Zemanek, Clausen and Ojeda <br />Set date for next meeting — S. Osborne <br />Board members set the next meeting date for the 10th of September, 2012, at 5:00 p.m. to discuss <br />possible consideration of an enhancement grant. <br />Board member comments regarding matters appearing on agenda; recognition of community <br />members, city employees, and upcoming events; inquiry of staff regarding specific factual <br />information or existing policies. <br />Board member Woodard asked for an update on the Sylvan Beach Pavilion. City Secretary Patrice <br />Fogarty and Economic Development Coordinator Osborn advised there is a groundbreaking <br />ceremony on September 5, 2012, at 10:00 a.m. for the pavilion. <br />Executive Session - The La Porte Development Corporation reserves the right to meet in executive <br />session on any agenda item should the need arise and if authorized by the Texas Open Meetings <br />Act,Title 5, Chapter 551, of the Texas Government Code. <br />Page 2 of 3 <br />August 14, 2012, La Porte Development Corporation Board Minutes <br />