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<br />AGENDA ITEMS 4: <br />PRESENT A TIONS AND DISCUSSION OF PROPOSED DEVELOPMENT IN <br />LA PORTE TAX INCREMENT REINVEST ZONE #1 <br /> <br />The lawsuit related to the property known as Texas Import/Export was successfully <br />mediated. Presently, the attorneys are refining the settlement documents. <br /> <br />Russell Plank, with National Property Holdings, will present plans for the property that will <br />be under their control. He is aware of the SCUP, General Plan and the Development <br />Agreement. He also understands the need to plan and develop the property in a unified vs. <br />piecemeal fashion. <br />