04-25-16 Meeting of the La Porte Development Corporation Board of Directors (2)

Browse Search

(b) Consider approval or other action authorizing Staff to publish a 60-day notice of a public hearing to be held on June 27, 2016, to consider awarding an economic incentive grant to Northern Safety & Industrial, Inc., in an amount not to exceed $300,000.00 — S. Livingston Economic Development Coordinator Scott Livingston presented a summary. Board member Martin asked if the project is a consolidation of more than one store. Luis Garcia, President of Northern Safety & Industrial Inc., responded yes, the Pasadena distribution center will be consolidated. At this time the regular meeting was recessed at 5:23 p.m., in order to convene an executive session on this item. Board members reconvened the regular open meeting at 5:47 p.m. regarding this item. Board member Clausen moved to authorize Staff to publish a 60-day notice of a public hearing to be held on June 27, 2016, to consider awarding an economic incentive grant to Northern Safety & Industrial, Inc., in an amount not to exceed $300,000.00. Board member Woodard seconded. MOTION PASSED UNANIMOUSLY 7/0. 4. SET DATE FOR NEXT MEETING Board members set the next meeting dates for Monday, May 23, 2016, and Monday, June 27, 2016, both at 5:00 p.m. 5. BOARD MEMBER COMMENTS regarding matters appearing on agenda; recognition of community members, city employees, and upcoming events; inquiry of staff regarding specific factual information or existing policies. There were no comments. 6. EXECUTIVE SESSION — The La Porte Development Corporation reserves the right to meet in executive session on any agenda item should the need arise and if authorized by the Texas Open Meetings Act, Title 5, Chapter 551, of the Texas Government Code, including, but not limited to, the following: 7. 8 Texas Government Code, Section 551.087(1) and (2) — Deliberations regarding Economic Development Negotiations: Meet with Economic Development Coordinator to discuss commercial/financial information received from a business prospect for a proposed business expansion in La Porte and with whom the La Porte Development Corporation is conducting economic development negotiations, and deliberate possible offer of financial incentive for same. See minutes under Item 3b. RECONVENE into regular session and consider action, if any, on items discussed in executive session. See minutes under Item 3b. ADJOURN There being no further business, Board member Woodard moved to adjourn the meeting at 5:50 p.m. Board member Engelken seconded. MOTION PASSED UNANIMOUSLY 7/0. Page 2 of 3 April 25, 2016, La Porte Development Corporation Board Minutes