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Member Eatp signed a conflict of interest affidavit and did not participate in the discussion or vote
<br />of this item. Vice President Oieda opened the public hearing at 5:01 p.m. Assistant City Manager
<br />Matt Daeumer provided an overview of the proposed agreement and provided comments about
<br />their hopes for the venture. Vice President Oieda closed the public hearing at 5:11 p.m. Member
<br />Engelken moved to authorize a project of the La Porte Development Corporation to promote and
<br />develop new and expanded business enterprises, providing for site, infrastructure, and related
<br />improvements in connection with the construction of the Revak Building at 114 W. Main Street in
<br />La Porte. Texas, to be operated as a commercial and residential facility, and providing for a financial
<br />incentive -grant -in an amount not -to exceed $$90,600.00 to R Favorite Things, LLC: the motion was
<br />seconded by Member Warren: the motion was adopted, 6-0.
<br />6. AUTHORIZATIONS
<br />a. Presentation, discussion, and possible action to approve an economic development
<br />incentive agreement with R Favorite Things, LLC., applicant, in connection with project for
<br />new and expanded business enterprises, providing for site and infrastructure
<br />improvements for the development of the Revak Building, located at 114 W. Main Street in
<br />La Porte, Texas. [Matt Daeumer, Assistant City Manager]
<br />Member Earp signed a conflict of interest affidavit and did not participate in the discussion or vote
<br />of this item. Member Warren moved to approve an economic development incentive agreement
<br />with R Favorite Things. LLC.. applicant, in connection with oroiect for new and expanded business
<br />enterprises, providing for site and infrastructure improvements for the development of the Revak
<br />Building, located at 114 W. Main Street in La Porte, Texas: the motion was seconded by Vice
<br />President Oieda: the motion was adopted, 6-0.
<br />b. Presentation, discussion, and possible action to approve an enhancement grant in an
<br />amount not to exceed $25,229.00 to the applicant Marion (Marty) Campise for fencing,
<br />gazebo, stage, truck pad, landscaping and surface improvements to property located at 402
<br />W. Main Street in La Porte, Texas, in connection with entertainment and food truck complex
<br />business. [Matt Daeumer, Assistant City Manager]
<br />Member McCaullev moved to approve an enhancement grant in an amount not to exceed
<br />$25,229.00 to the applicant Marion (Marty) Campise for fencing, gazebo, stage, truck pad.
<br />landscaping and surface improvements to property located at 402 W. Main Street in La Porte,
<br />Texas, in connection with an entertainment and food truck complex business: the motion was
<br />seconded by Member Warren, the motion was adopted, 6-1, Vice President Oieda voting against.
<br />c. Presentation, discussion, and possible action to approve an enhancement grant in the
<br />amount not to exceed $4,600.00 to the applicant Sitarambhai D. Bhakta for facade and
<br />associated exterior improvements to the building site located at 207 W. Main Street in La
<br />Porte, Texas, operated by Mayuri Products, LLC. [Matt Daeumer, Assistant City Manager]
<br />Member Warren moved to approve an enhancement grant in an amount not to exceed $4,600.00
<br />to the applicant Sitarambhai D. Bhakta for facade and associated exterior improvements to the
<br />building site located at 207 W. Main Street in La Porte. Texas, operated by Mayuri Products, LLC:
<br />the motion was seconded by Member McCaullev: the motion was adopted, 7-0.
<br />d, Presentation, discussion, and possible action to elect a President and Vice -President for
<br />the La Porte Development Corporation Board of Directors for the fiscal year beginning
<br />October 1, 2022, and ending September 30, 2023. [Matt Daeumer, Assistant City Manager]
<br />Member Earp moved to elect Richard Warren as President and Nancy Oieda as Vice President of
<br />the La Porte Development Corporation Board of Directors for the fiscal year beginning October 1,
<br />2022, and ending September 30, 2023: the motion was seconded by Member McCaullev: the
<br />motion was adopted, 7-0.
<br />Page 2 of 3
<br />September 26, 2022, La Porte Development Corporation Board of Directors Minutes
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