11-19-1998 Regular Meeting of the La Porte Planning and Zoning Commission

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Planning and Zoning Covission • Minutes of November 19, 1998 Page 3 of 4 A motion was made by Sandie Staniszewski to approve the Final Plat of Funcare-Fairmont Parkway Subdivision contingent upon installation of sidewalks by the owner. The motion died for lack of a second. A motion was made by Jim Zoller to approve the Final Plat of Funcare- Fairmont Parkway Subdivision. The motion was seconded by Melton Wolters. All were in favor and the motion passed. VI. CONSIDER FINAL PLAT FOR G.S.L. SENS SUBDIVISION. Mr. Kneupper presented staff s report. E.G. Mylonas, for the owner GSL Investments, Inc., made application for the Final Plat of G.S.L. Sens Subdivision, a 2.0418 acre tract located at 1434 Sens Road. Staff recommended approval of the plat stating it satisfied ordinance requirements. A motion was made by Sandie Staniszewski to approve the Final Plat of G.S.L. Sens Subdivision contingent upon installation of sidewalks by the owner. The motion was seconded by Michael Jetty. All were in favor and the motion passed. VII. PRESENTATION BY BROOKHOLLOW CORPORATION REGARDING PROPOSED TAX INCREMENT REINVESTMENT ZONE (TIRZ) John Joems gave a brief overview of the creation of a Tax Increment Reinvestment Zone (TIRZ). Introductions were made for the following people (Please note that names of people and companies may be misspelled): Dan McCullough, of Texas Industries (a NYSE company in business for approximately 40 years), Glenn Opal, of Vincent & Elkins (law firm in Dallas), Charles Jennings, of Legg -Mason (investment broker), and Brian Jordan, of Jones & Carter (civil engineering). Don Grandeus (specializing in single family developments) was not present for the meeting. Glenn Opal described the workings of a TIRZ while answering questions from the Commission. David Hawes commented that the City is working with the applicants to prepare a preliminary finance plan, which City Council will review and eventually make a determination as to whether or not the City will create a reinvestment zone.