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04-28-14 Regular Meeting of La Porte City Council
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04-28-14 Regular Meeting of La Porte City Council
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4/24/2014 4:08:15 PM
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La Porte TX
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Agenda PACKETS
Date
4/28/2014
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ote: Job creation was already included in the original incentive/development agreement regarding $66,000 tion was already included in the original incentive/development agreement regarding <br />$66,000 for <br />Na <br />this project. <br />Project Information Previously Shared on 13 January and 24 March, 2014tion Previously Shared on 13 January and 24 March, 2014 <br />a <br />Mr. Rob Johnson is the Owner of Rob Johnson Interests, which is a local Real Estate Development Compan is the Owner of Rob Johnson Interests, which is a local Real Estate Development <br />Company. <br />on <br />ShoShoppppes of Town Ses of Town Sqquareuare <br />He developed the he on Center Street and Pasadena Blvd in Deer Park, Texas. on Center Street and Pasadena Blvd in Deer Park, Texas. He <br />H <br />recently placed a portion of the Jay Marks Chevrolet dealership under contract to construct a new a portion of the Jay Marks Chevrolet dealership under contract to construct a new <br />d <br />retail/commercial development. al development. <br />i <br />Phase #1 is planned to encompass 2.86 acres, while Phase #2 is planned to encompass 1.67 acres. Mr. Jonned to encompass 2.86 acres, while Phase #2 is planned to encompass 1.67 acres. <br /> Mr. Johnson <br />h <br />lans to complete Phase #1 in 2014 and Phase #2 by either late 2014 or early 2015.te Phase #1 in 2014 and Phase #2 by either late 2014 or early 2015. <br />pe <br />Rob Johnson has been pursuing and negotiating with multiple, retail prospects to lease sps been pursuing and negotiating with multiple, retail prospects to lease space in Phase #1 of <br />the ace in Phase #1 of <br />a <br />new, proposed retail development. In order to accommodate a larger, national retail tenant in the retail centretail development. In order to accommodate a larger, national retail tenant <br />in the retail center, Rob e <br />must construct a larger building with firewalls between the adjoining lease spaces. In order to keep his a larger building with firewalls between the adjoining lease spaces. In order <br />to keep his <br />construction costs within limits that will still allow him to offer competitive and attractive lease rates to the sts within limits that will still allow him to offer competitive and <br />attractive lease rates to the <br />$40,000$40,000 <br />rospective national retail tenant, Rob is requesting an additional incentive in the amount of ional retail tenant, Rob is requesting an additional incentive in the amount of .. <br />pt <br /> <br />
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