11-29-00 Meeting of the Tax Increment Reinvestment Zone Number One Minutes

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~. . AGENDA ITEM 9 FOR REDEVELOPMENT AUTHORITY AGENDA ITEM 7 FOR TIRZ DISCUSS MASTER WATERSHED PLAN FOR TAX INCREMENT REINVESTMENT ZONE #1 Staff would like to visit with the La Porte Redevelopment Authority regarding the funding of a drainage study for the Zone. In December 1999, the City invited major property owners to discuss development of a master watershed plan. Unfortunately, the meeting was not well attended and some of the zeal was lost when Mr. Dutko had to deal with his wetlands issues. However, now may be an appropriate time to resurrect the idea of developing a master watershed plan. Recently, several meetings with property owners (or their representatives) have taken place. The meetings have been positive and indicate a higher probability for the owners to market the property to interested developers. Additionally, meetings with Harris County regarding the planning and:funding of several road projects have raised concerns regarding expenses associated with stormwater drainage. With some luck, the TIRZ may provide a drainage alternative for some of these projects. Harris County: Proposed Road Proiects .:. Harris County has indicated the following road projects will require additional and significant drainage improvements. .:. Bay Area Boulevard from Fairmont Parkway to Spencer Highway can be developed using the proposed channel configuration for storage. .:. The addition of the overpass, proposed improvements to Fairmont Parkway (from SH146 to 16th Street), and the rebuilding ofSens Road (future) would require drainage improvements and detention at an estimate of $2.5 - $3.0 million. .:. The County's consultants original thoughts were to drain portions of Fairmont Parkway and the overpass west through the UPRR then south into HCFCD channel AI04-07. .:. I am pressing for consideration of other options, including draining south through the TIRZ to an area already planned as a drainage channel and detention area. Development of a Master Watershed Plan for the TIRZ .:. Pro,vide recommendations for channel sizes and detention areas necessary to accommodate full development.