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04-14-14 Meeting of the La Porte Development Corporation Board of Directors
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04-14-14 Meeting of the La Porte Development Corporation Board of Directors
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La Porte TX
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Agenda PACKETS
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4/14/2014
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<br />Usually, development corporations use workforce development/training funds as an incentive to either Usually, development corporations use workforce development/training funds as an <br />incentive to either <br /> However, the 4B Board may However, the 4B Board may <br />lure a new industry to town or encourage an existing industry to expand.lure a new industry to town or encourage an existing industry to expand. <br />also wish to consider using all or a portion of the funds to support also wish to consider using all or a portion of the funds to support Workforce DevelopmentWorkforce Developmentin <br />any of the in any of the <br />additional and following ways:additional and following ways: <br /> staff and/or 4B Board approved staff and/or 4B Board approved funds funds to reto re--train existing train existing <br />(1) Givecompanies in La Portecompanies in La Porteup frontup front <br />employees and/or train new employees. In this scenario, the development agreement with clawemployees and/or train new employees. In this scenario, the development agreement with claw--back <br />provisions back provisions <br />would be with each company. would be with each company. <br /> <br /> staff and/or 4B Board approved staff and/or 4B Board approved funds funds to reto re--train <br />(2) ReimburseReimbursecompanies in La Portecompanies in La Porteafter the factafter the fact <br />existing employees and/or train new employees. In this scenario, the development agreement with clawexisting employees and/or train new employees. In this scenario, the development <br />agreement with claw--back back <br />provisions would be with each company.provisions would be with each company. <br /> <br />Pay <br />(3) San Jacinto College, any other institution of higher learning, or specialized trainerSan Jacinto College, any other institution of higher learning, or specialized trainer <br /> directly to give directly to give primary job trainingprimary job trainingto new and/or existing employees of staff and/or 4B to new and/or existing employees of staff and/or 4B <br /> <br />(s)/consultant(s)(s)/consultant(s) <br />Board approvedBoard approved. In this scenario, the development agreement would be with San Jacinto . In this scenario, the development agreement would be with San Jacinto <br /> companies in La Porte companies in La Porte <br />College, any other institution of higher learning, or the specialized trainer(s)/consultant(s).College, any other institution of higher learning, or the specialized trainer(s)/consultant(s). <br /> <br /> <br />Pay <br />(4) (4) San Jacinto College, any other institution of higher learning, or specialized trainerSan Jacinto College, any other institution of higher learning, or specialized <br />trainerSan Jacinto College, any other institution of higher learning, or specialized trainerSan Jacinto College, any other institution of higher learning, or specialized trainer <br /> directly to give directly to give primary job trainingprimary job trainingto staff and/or 4B Board approved to staff and/or 4B Board approved . <br />(s)/consultant(s)(s)/consultant(s)citizens of La Portecitizens of La Porte <br />In this scenario, the development agreement would be with San Jacinto College, any other institution of higher In this scenario, the development agreement would be with San Jacinto College, <br />any other institution of higher <br />learning, or the specialized trainer(s)/consultant(s).learning, or the specialized trainer(s)/consultant(s). <br /> <br />Give funds to the Give funds to the to hold in earnest and pay upon staff to hold in earnest and pay upon staff <br />(5) San Jacinto College Education FoundationSan Jacinto College Education Foundation <br />and/or 4B Board approval to San Jacinto College to give and/or 4B Board approval to San Jacinto College to give primary job trainingprimary job trainingto new and/or existing employees <br />to new and/or existing employees <br />of staff and/or 4B Board approvedof staff and/or 4B Board approved. In this scenario, our development agreement would . In this scenario, our development agreement would <br /> companies in La Porte companies in La Porte <br />be with both the San Jacinto College Education Foundation and San Jacinto College.be with both the San Jacinto College Education Foundation and San Jacinto College. <br /> <br />Give funds to the Give funds to the to hold in earnest and pay upon staff to hold in earnest and pay upon staff <br />(6) San Jacinto College Education FoundationSan Jacinto College Education Foundation <br />and/or 4B Board approval to San Jacinto College to give and/or 4B Board approval to San Jacinto College to give primary job trainingprimary job trainingto staff and/or 4B Board approved <br />to staff and/or 4B Board approved <br />. In this arrangement, our development agreement would be with both the San Jacinto . In this arrangement, our development agreement would be with both the San Jacinto <br />citizens of La Portecitizens of La Porte <br />College Education Foundation and San Jacinto College.College Education Foundation and San Jacinto College. <br /> <br />: <br />Notes <br /> <br />
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