03-26-03 La Porte Redevelopment Authority Meeting minutes

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"TIRZ Revenue Fumf' shall mean the subaccount of the Revenue Fund into which the Tax Increments are deposited by the City for the use of the Authority hereunder. "Zone" is defined in the recitals hereto, and includes any area added to the boundaries of the Zone. II. SCOPE OF SERVICES BY AUTHORITY To the extent of available funds and subject to the limitations of this Agreement, the services that the Authority may furnish consist of, among other things, the following: A. ~fanagement and Administrative Services and Consultants. The Authority will provide management and administrative services for the Zone and the Pill. The services without limitation may include the following: 1. Provide the staff and administrative services that are necessary to manage the Zone and the Pill and provide or supervise the services and the Projects; 2. Provide management, fmancial and program monitoring systems for the administration of the Zone and the PID; 3. Provide any required reports to the City and the Zone concerning the administration of the Zone; 4. Subject to the terms of this Agreement, recruit, hire, pay and supervise the consultants and any work force that the Authority will utilize to furnish services required for the development or redevelopment of the Zone; 5. Provide staff to participate in meetings concerning the administration of the Zone and the PID in all its capacities, including the services to the Zone Board when managing the Zone; 6. Provide liaison and coordination between the Zone, the City, the County, the School District, other Taxing Units, property owners, and other persons and groups interested in the redevelopment activities of the Zone and the Pill; 7. Supervise and monitor the performance of consultants and subcontractors who are employed by the Authority; Houston:367966.2 5