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O-2014-3516 amend City of La Porte FY2013-2014 Budget
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O-2014-3516 amend City of La Porte FY2013-2014 Budget
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7/5/2019 4:02:13 PM
Creation date
4/29/2014 11:02:48 AM
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Legislative Records
Legislative Type
Ordinance
Date
4/28/2014
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Note: Job creation was already included in the original incentive/development agreement regarding $66,000 for <br />this project. <br />Protect Infonnation Previously Shared on 13 January and 24 March, 2014 <br />Mr. Rob Johnson is the Owner of Rob Johnson Interests, which is a local Real Estate Development Company. <br />He developed the Shoppes of Town Square on Center Street and Pasadena Blvd in Deer Park, Texas. He <br />recently placed a portion of the Jay Marks Chevrolet dealership under contract to construct a new <br />retail/commercial development. <br />Phase 41 is planned to encompass 2.86 acres, while Phase 42 is planned to encompass 1.67 acres. Mr. Johnson <br />plans to complete Phase # 1 in 2014 and Phase #2 by either late 2014 or early 2015. <br />Rob Johnson has been pursuing and negotiating with multiple, retail prospects to lease space in Phase # 1 of the <br />new, proposed retail development. In order to accommodate a larger, national retail tenant in the retail center, Rob <br />must construct a larger building with firewalls between the adjoining lease spaces. In order to keep his <br />construction costs within limits that will still allow him to offer competitive and attractive lease rates to the <br />prospective national retail tenant, Rob is requesting an additional incentive in the amount of $40,000. <br />
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