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Board member Engelken suggested Bay Area Houston Economic Partnership follow-up with the <br />state legislature and have FEMA pay for the Ike Dike since they are going to have to pay for future <br />flood claims if it isn't there. <br />4. DISCUSSION OR OTHER ACTION <br />(a) Discussion or other action regarding Workforce Development Training — S. Livingston <br />Economic Development Coordinator Scott Livingston presented a summary and asked for direction <br />regarding the Board's desire to use the funds in the current budget for Workforce Development <br />Training. <br />(1) Give staff and/or 413 Board approved companies in La Porte funds "up front" to re-train existing <br />employees and/or train new employees. In this scenario, the development agreement with <br />claw -back provisions would be with each company. (2) Reimburse staff and/or 4B Board approved <br />companies in La Porte funds "after the fact" to re-train existing employees and/or train new <br />employees. In this scenario, the development agreement with claw -back provisions would be with <br />each company. (3) Pay San Jacinto College, or any other institution of higher learning or <br />specialized trainer(s)/consultant(s), directly, to give "primary job training" to new and/or existing <br />employees of staff and/or 4B Board approved companies in La Porte. In this scenario, the <br />development agreement would be with San Jacinto College, or any other institution of higher <br />learning or specialized trainer(s)/consultant(s). (4) Pay San Jacinto College, or any other institution <br />of higher learning or specialized trainer(s)/consultant(s), directly, to give "primary job training" to <br />staff and/or 4B Board approved citizens of La Porte. In this scenario, the development agreement <br />would be with San Jacinto College, or any other institution of higher learning or the specialized <br />trainer(s)/consultant(s). (5) Give funds to the San Jacinto College Education Foundation to hold in <br />earnest and pay upon staff and/or 4B Board approval to San Jacinto College to give "primary job <br />training" to new and/or existing employees of staff and/or 413 Board approved companies in <br />LaPorte. In this scenario, the development agreement would be with both the San Jacinto <br />College Education Foundation and San Jacinto College. (6) Give funds to the San Jacinto College <br />Education Foundation to hold in earnest and pay upon staff and/or 4B Board approval to San <br />Jacinto College to give "primary job training" to staff and/or 4B Board approved citizens of <br />LaPorte. In this arrangement, the development agreement would be with both the San Jacinto <br />College Education Foundation and San Jacinto College. <br />Board member Martin commented he would like to see money directed more toward companies <br />rather than individuals due to companies staying around long term. <br />Board member Cooksley questioned how much money is set aside for Workforce Development <br />Training. Economic Development Coordinator Scott Livingston responded $50,000.00 and advised <br />he and Assistant City Attorney Clark Askins have discussed a vendor contract specifying funding. <br />Board member Clausen commented he is not opposed to San Jacinto College but would like to <br />save the funds for trying to get new companies to come La Porte and offer training assistance <br />incentives. <br />Economic Development Coordinator Scott Livingston advised Board members he does not have to <br />be given direction tonight. <br />(b) Discussion or other action regarding 2014-2015 La Porte Development Corporation Board <br />budget for proposed projects: Workforce Development/Training; Small Business <br />Development; Local Initiatives Support Corporation of Greater Houston and the Northside <br />Community; and La Porte Municipal Airport a Master Planned Community — S. Livingston <br />Page 2 of 3 <br />April 14, 2014, La Porte Development Corporation Board Minutes <br />