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6. STAFF REPORTS <br />(a) Receive Financial Report — M. Dolby <br />Finance Director Michael Dolby presented the Financial Report. There were no questions. <br />7. 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 Ojeda questioned if there was an update on Project Nebula. Economic <br />Development Coordinator informed the Board that Project Nebula is now in the governor's office <br />reapplying for the Texas Enterprise Fund Grant and will go back to Harris County after that process. <br />8. ADJOURN <br />There being no further business, at 5:50 p.m. Board member Cooksley moved to adjourn the <br />meeting. Board member Clausen seconded. MOTION PASSED. <br />Ayes: President Warren, Vice President Cooksley Board members <br />Clausen, Martin, Ojeda and Woodard <br />Nays: None <br />Absent: Board member Engelken <br />Re ctfully submitted, <br />r <br />l�l ja,—O� <br />Patrice Fogarty, City cretary <br />Passed and approved on this 14th day of April, 2014. <br />Presid t Richard Warren <br />Page 3 of 3 <br />March 24, 2014, La Porte Development Corporation Board Minutes <br />