Laserfiche WebLink
5. AUTHORIZATIONS <br />a. Presentation, d <br />incentive agree. <br />providing incea <br />related improve <br />the commercial <br />Daeumer, Assis <br />ssion, and possible action to approve an economic development <br />t between the La Porte Development Corporation and Frank Nance, <br />in a total amount not to exceed $30,000.00 for site, infrastructure and <br />is in connection with the renovation and construction of facilities for <br />ce building located at 508 W. Main Street in La Porte, Texas [Matt <br />City Manager] <br />Member Blakemore moved to approve an economic development incentive agreement between <br />the La Porte Development Corporation and Frank Nance, providing incentives in a total amount not <br />to exceed $30,000.00 for site infrastructure and related improvements in connection with the <br />renovation and cons ruction of facilities for the commercial office building located at 508 W. Main <br />Street; the motion w6s seconded by Member Ears: the motion was adopted. 7-0. <br />b. Presentation, <br />Corporation's <br />Manager] <br />ion, and possible action to approve the La Porte Development <br />ed 2022-23 Fiscal Year budget. [Matt Daeumer, Assistant City <br />Member Fngelken moved to approve the La Porte Development Corporation's proposed 2022-23 <br />Fiscal Year budget: the motion was seconded by Member McCaulley: the motion was adopted. 7- <br />0. <br />5. SET DATE FOR NEXT MEETING <br />i <br />The next meeting date was scheduled for September 26, 2022. <br />6. BOARD COMMENTS Hear announcements concerning matters appearing on the agenda; items of <br />community interest, and/orinquiries of staff regarding specific factual information or existing policy from <br />the Committee members !and City staff, for which no formal action will be discussed or taken. <br />There were do comments. <br />Page 2 of 2 <br />August 22, 2022, La Porte Development Corporation Board of Directors Minutes <br />