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HomeMy WebLinkAbout06-27-11 Meeting of the La Porte Development Corporation Board of DirectorsRICHARD WARREN, PRESIDENT BOB PIZZITOLA, VICE PRESIDENT JOHN ZEMANEK Councilmember At -Large A CHUCK ENGELKEN Councilmember District 2 MIKE CLAUSEN Councilmember District 6 RANDY WOODARD Board member NANCY OJEDA Board member CITY OF LA PORTE DEVELOPMENT CORPORATION MEETING AGENDA Notice is hereby given of a meeting of the City of La Porte Development Corporation to be held on Monday, June 27, 2011, at the City Hall Council Chambers, 604 West Fairmont Parkway, La Porte, Texas, at 5:00 p.m. to consider the following items of business: 1. Call to order 2. Consider approval of Minutes of the meeting of the City of La Porte Development Corporation held on June 6, 2011 — P. Fogarty 3. Consider approval or other action awarding a grant amount not to exceed $25,000 for Donald Hulen /Real Cheap Tools, for the Main Street Overlay District enhancement program to be awarded at the completion of the project — S. Osborne 4. Consider approval or other action regarding proposed budget for the 2011 -2012 La Porte Development Corporation Board and provide staff with direction — S. Osborne 5. Receive Report regarding the directional signage bidding process — S. Osborne 6. Discuss the possibility of the La Porte Development Corporation Committee Board funding a low- powered FM radio station — R. Woodard 7. Executive Session The City of La Porte Development Corporation reserves the right to meet in executive session on any agenda item should the need arise and if authorized by the Texas Open Meetings Act, Title 5, Chapter 551, of the Texas Government Code. 8. Board comments regarding matters appearing on agenda; recognition of community members, city employees, and upcoming events; inquiry of staff regarding specific factual information or existing policies — Board members Ojeda, Woodard, Clausen, Engelken, Zemanek, Vice President Pizzitola and President Warren. 9. Adjourn In compliance with the Americans with Disabilities Act, the City of La Porte City will provide for reasonable accommodations for persons attending public meetings. To better serve attendees, requests should be received 24 hours prior to the meetings. Please contact Patrice Fogarty, City Secretary, at 281.470.5019. CERTIFICATION I certify that a copy of the June 27, 2011, agenda of items to be considered by the La Porte Development Corporation Board was posted on the City Hall bulletin Board on June 23, 2011. Page 1 of 2 June 27, 2011, La Porte Development Corporation Agenda Sharon Harris, Assistant City Secretary I certify that the attached notice and agenda of items to be considered by the La Porte Development Corporation Board was removed by me from the City Hall bulletin board on the _ day of ' 2011 Title: Page 2 of 2 June 27, 2011, La Porte Development Corporation Agenda RICHARD WARREN, PRESIDENT BOB PIZZITOLA, VICE PRESIDENT JOHN ZEMANEK Councilmember At -Large A CHUCK ENGELKEN Councilmember District 2 MIKE CLAUSEN Councilmember District 6 RANDY WOODARD Board member NANCY OJEDA Board member MINUTES OF LA PORTE DEVELOPMENT CORPORATION BOARD MEETING OF JUNE 6, 2011 The City of La Porte Development Corporation Board met on Monday, June 6, 2011, at the City Hall Council Chambers, 604 West Fairmont Parkway, La Porte, Texas, at 5:00 p.m. to consider the following items of business: 1. Call to Order President Warren called the meeting to order at 5:05 p.m. Members of the La Porte Development Corporation Board present: Vice President Pizzitola; Board members Engelken, Zemanek, Woodard, Clausen and Ojeda. Absent: None Members of City Executive Staff and City Employees Present City Manager's Office: Ron Bottoms and Stacey Osborne City Secretary Patrice Fogarty Assistant City Attorney Clark Askins Finance Director Michael Dolby 2. Consider approval of Minutes of the La Porte Development Corporation Board Meeting held on April 4, 2011 — P. Fogarty Board member Clausen moved to approve the minutes as presented. Board member Woodard seconded. MOTION PASSED. Ayes: President Warren, Vice President Pizzitola, Board members Zemanek, Clausen Engelken, Ojeda and Woodard Nays: None 3. Review Way- finding Signage proposals for the City of La Porte and provide staff with direction — S. Osborne Economic Development Coordinator Stacey Osborne presented proposals for Way- finding signage for the City of La Porte. Board member Zemanek moved to approve moving forward with Saifee Signs & Graphics LLC, and directed that signs are to look like the green signs submitted by staff. Board member Pizzitola seconded. MOTION PASSED. Ayes: President Warren, Vice President Pizzitola, Board members Zemanek, Clausen Engelken, Ojeda and Woodard Nays: None Page 1 of 2 June 6, 2011, La Porte Development Corporation Board Minutes 4. Review fagade grant requests and provide staff with direction — S. Osborne Economic Development Coordinator Stacey Osborne presented fagade grant requests to Board members. Board member Woodard moved to award a grant of $6,179.41 to Ms. Baldwin, A Statement in Glass, as presented. Board member Pizzitola seconded. MOTION PASSED. Ayes: President Warren, Vice President Pizzitola, Board members Zemanek, Clausen Engelken, Ojeda and Woodard Nays: None 5. Discussion regarding Lomax Arena — S. Osborne Economic Development Coordinator Stacey Osborne, City Manager Ron Bottoms and Board members discussed park upgrades and improvements to the Lomax Arena. It was requested that this item be brought back to the Board and that Director of Parks Stephen Barr attend the next meeting to provide information regarding revenues generated and the usage of the arena. The Board is interested in discussing funding at some level for improvements needed to the arena. 6. Executive Session — The City of La Porte Development Corporation reserves the right to meet in executive session on any agenda item should the need arise and if authorized by the Texas Open Meetings Act, Title 5, Chapter 551, of the Texas Government Code. An executive session was not convened. 7. Board Comments: Board members Ojeda, Woodard, Clausen, Engelken, Zemanek, Vice President Pizzitola and President Warren Board member Zemanek requested financial statements of the La Porte Development Corporation be included in future agenda packets. City Manager Bottoms stated staff will provide them. 8. Adjournment There being no further business, at 5:38 p.m., Board member Engelken moved to adjourn the meeting. Respectfully submitted, Patrice Fogarty, City Secretary Passed and approved on this _ day of , 2011. President Richard Warren Page 2 of 2 June 6, 2011, La Porte Development Corporation Board Minutes REQUEST FOR LA PORTE ECONOMIC DEVELOPMENT CORPORATION AGENDA ITEM Agenda Date Requested: 6/27/11 Requested By: Stacey Osborne Department: CMO Report: X Resolution: Ordinance: Exhibits: Application Exhibits: Evaluation Sununary Exhibits: Appropriation Source of Funds: Account Number: 15- 9892 - 993 -1100 Amount Budgeted: S200,000 Amount Requested: S25,000 Budgeted Item: YES NO SUMMARY & RECOMMENDATION In the 2008 -09 budget year, the La Porte Economic Development Corporation agreed to fund an entrancement grant program for the Main Street Overlay District. The program offered matching grants of up to $25,000 for businesses in the Main Street Overlay District to improve building facades. The project was allotted $200,000. The goals of the project were to beautify Main Street, to entrance Main Street`s appeal to new businesses and visitors, and to add value to the Citv of La Porte. Donald E. Hulen has submitted a grant application for his business, Real Cheap Tools, which is located at 111 South S Street. The Entrancement Grant Application Committee met to discuss the application, and agreed that it should be approved for an amount not to exceed $25,000. The actual award will be one -half of the amount Mr. Hulen spends on approved expenses for the project up to $25,000, and will be contingent upon the project being completed as indicated in this grant application. Attached is the application that Mr. Hulen submitted, as well as an evaluation summary and comments regarding required changes and acknowledged non - conformities. The committee recommends that the Board conditionally award a grant in an amount not to exceed $25,000, based on receipts and completion of work as indicated. Noted changes must be made to original plans in order for grant monies to be awarded. Action Required by Economic Development Corporation: Consider approving a grant amount not to exceed $25,000 for Mr. Hulen and Real Cheap Tools, to be awarded at the completion of the project, conditional upon receipts and completion of work as indicated. Approved for La Porte Development Corporation Agenda Ron Bottoms, City Manager date RECEIVED Re Cheap III South 8th, St. La Nrlo� Tem Main Street Enkancernent Grant APPLICATION Pleas print clearly. When you hove completed the application, please submit the application to. City of La Porte Economic Development Office 604 W. Fairmont Pkwy La Porte, TX 77571 KNOWN-1 �111 �*! U �24 V APPLICATION DATE; :J/ Applicant Name Business Name 1 Physical Business Address 4 Business Owner (if different from applicant) Mailing Address 2,0 00 7777 6/ 01C-A) & 6-1-NA? Contact Phone Email Address TYPE OF WORK (check all that apply)- 0- Rehabilitation /Enhancement Ea []"Beautification D"Other 6 1 DETAILS OF PLANNED IMPROVEMENTS (attach additionalpages if necessary): A 5 -7 L�E5 � ENHANCEMENT GRANT APPLICATION, PAGE I H �kf0V� Please list Contractor and/or Project Architect Proposals and Total Amounts (attach ICT4PCH /�r �� ^� 41 3. TOTAL AMOUNT PPOJECT EXPENDITURES FUNDS REQUESTED FUNDS APPLIED TOTAL C<-) To�estimated |cm�ofprupuyedp,�"*e Please attach color samples, moclelm*m6ers (for windows, doors, etc), photos, scale drawing, and other illustrations of work to he complate6Please include as much detail aspossih/e. Your signature on this application certifies that you understand and agree w the following statements. | have met with the EGEC and ] fully understand t6eE"kuncemenLGr nt procedures and detafls established intend to use these grant funds for the renovation projects, as spelled out in the application, I have not received, nor will I receive insurance monies for this revitalization project OP I have disclosed all pertinent insurance information. | understand that if I am awarded an Enhancement Grant, any deviation from the approved project may result in the partial or total withdrawal of the grant funds. If I am awarded a reimbursement grant for fo�ude, awning, signage, beautification, or other approved work, alterations should not be made within five (5) years from construction otherwise | may 6e required io reimburse the LoPorte Economic Development Corporation | 6 I amount of the grant. APPLaC4NTS|Gm4TUAE ENHANCEMENT GRANT APPLICATION, PAGE 2 L & M Contractors, Inc. 511 S. Utah LaPorte, TX 77571 (281)417-8537 FAX (281) 864-4411 Cell (281)932-3128 Ein2fl: bryin@lmcontractors.com May 24, 2011 Mr. Doti Hulen Real Cheap Tools Ili S. 8" St. La Porte, TX Re: La Porte Tool Box 111 S. 8 1' Street La Porte, TX We propose to ftimish labor and material to construct the new building front on your existing building as per plans prepared by James Hervey Morris Architecture & Design, dated Sept. 18, 2009, sheets A OO, A1.01, A2.01, & A101 , for the sum of $ 49,832.00. We exclude painting the rear of the building, fire sprinkler system, key box, and any work not shown on plans. Revised bid is based on using EIFS in lieu of stucco on the exterior, hard ElFS to be Used on first 8' height, and steel entry doors are by ReliaBilt sold by Lowe's,. We include the sign and permit. We exclude landscaping and rcstriping of the parking lot. Owner to provide construction electricity and water. Sincerely, Bry oor I Sheetl La Porte Tool ®s 111 S. 8th Street La Porte,TX COST BREAKDOWN Paving Demo and Replacement 1763 Conc. WorK 4956 Framing and Carpentry 10384 Doors and V' indoors 3027 Drywall 1086 Stucco (EIFS) 10764 Roofing & Sheetmetal 5546 Painting 1109 D6cor Paint 3894 Electrical 3304 Supervision 600 Sign 2800 Building Permit 600 TOTAL 49832 Page 't D e ta i Is - annedlin, rovements ?P ::, Cover existing "'1950's Ice House Beer Joint"; fagade with a giant tool box fa�ade. The space behind the windows will be accessed • doors next to the main entrance door, but the space will be used for displayi�ng tools and will not be accessible to the public. Red letters "La Porte Tool Box"" will be 24 high and internally lit. o install new commercial grade siding to the North side of the building the total l�ength of HEMMM - • . 0 * Move existing gate and fence back 30 feet to allow more parkinj I Lk -E Ovgt 5 M, 7jjE 7 N Beau cation ti O Two eight Foot long window box similar to; the inset photo. Made of treated lumber ami I= Dumpster cover-up. Resembles large chest type tool box. Made from exterior grade ply- wood. The front opens up with two doors on hinges located on the inside. Three window 0 New siding on the North side from the fa�acle to the end of the building. aA 01 H a w 0 -1 I l itique Bui ding - s- The Tool Box design is not historic in itself, but it is a unique design and there are many examples of historic buildings designed to represent their main business. Our Unique Tool Box design will attract customers from the Bay Area as well as tourists stopping off on their way to Galveston. Other businesses in La Porte will benefit, such as. restaurants, gas stations and of course Main Street Retailers. This new fagade will encourage other store owners in the Main Street Overlay to fix up and spruce up. The five-story shoe house was built in 1948 by Mahlon N. Haines, owner of the Haines Shoe Company. 111�W I Iffl, The Bj1 _C3uck was was originally built in 1931 by duck farmer Martin Maurer. He figured it was the perfect space to sell ducks and duck eggs. Longaberger is an American manufacturer of maple wood pic-a-nic baskets. This is their is headquarters in Newark, Ohio 0 The Kansas City public Library is shaped like a bunch of classic books, including The Lord of the Rings and Charlotte's Web. a m G A2 ' OOlv I%An it d 0 04�f? 3 1 1 '3 N 1 P*YA g BUSINESS. BY 1NE BAY. Main Street Enhancement Grant Program Application Evaluation Summary Application Date: 5/26/2011 Initial Review Date: 6/8/2011 Business Name: Peal Cheap tools Contact Name: Don Hulen Business Address: 111 South 8th Street / La Porte, TX 77571 Phone: 281 -842 -7777 Email: donaldhulenC@grrlail,corrl RECOMMENDATION: The committee recommends that a grant be conditionally awarded in an amount not to exceed $25,000, based on receipts and completion of work as indicated. Noted changes must be made to original plans in order for grant monies to be awarded. Following is a summary of the evaluations of the Main Street Enhancement Grant Evaluating Commmittee (EGEC). Each evaluator awarded up to 5 points for each criteria, and gave a total score of up to 25 points for the project. Evaluating Committee Members: Name Title Tim Planning Director Debbie Chief Building Official Stacey Economic Development Coordinator Monica Owner, Bay Port Animal Clinic Cris Resident, employee of La Car Porte NOTES: Please see attached comments on required changes and recognized non - conformities. LA POPTE BY THE BAY 604 W. Fairmont Parkway La Porte, Texas 77571 (281) 470 -5017 page 1 of 1 Main Street Enhancement Grant program Evaluation Notes /Comments Date: 6/15/11 Applicant: Real Cheap Tools —111 S. 8 1h Street Notes from: City of La Porte Planning Department Required Changes: The City- requires that the following changes be made to the original plans before grant monies Nvill be awarded: • Dumpster to be removed from street right- of -wav and relocated to private property in gate /fence relocation area along nortli side of building) • Sign pole /sign to be removed from street right -of way. Only signage proposed for project is building signage. • Required sealing /striping of parking lot shall include accessible sized parking space /aisle and signage. Recognized Non - Conformities: • Front 4' building expansion and soutli side expansion is authorized. • Existing south side setback non - conformity- continues to exist. • Parking spaces /location non - conformities continue to exist. • On -site buildings continue to exceed authorized maximum lot coverage. LA PORTE BY THE BAY 604 W. Fairmont Parkway La Porte, Texas 77571 (281) 470 -5017 REQUEST FOR LA PORTE ECONOMIC DEVELOPMENT CORPORATION AGENDA ITEM Agenda Date Requested: 6/27/11 Requested By: Stacey Osborne Department: Report: Resolution: Ordinance: Exhibits: Budget Suminan Exhibits: Exhibits: Appropriation Source of Funds: Account Number: Amount Budgeted: Amount Requested: Budgeted Item: YES NO SUMMARY & RECOMMENDATION The 2011/2012 Budget will go before Council in August. Account 038 is funded by the '/2 cent Type B Sales Tax that this Board oversees. Staff would like the Board to review the budget summary and let staff know of any questions, problems or concerns that members may have. The current budget is attached for your reference, and staff will discuss key points of the budget at tonight's workshop. After this workshop, staff would like the Board to consider action adopting the 2011/2012 budget for the La Porte Development Corporation Board prior to the City submitting the Budget for a public hearing and Council's ratification. Action Required by Economic Development Corporation: Provide guidance to staff and consider action approving the budget. Approved for La Porte Development Corporation Agenda Ron Bottoms, City Manager date Section 413 112 Cent Sales Tax Fiscal Year 2011 -12 Expenditure Summary Actual Bredget Estimated Requesled Percent 2009 -10 2010 -11 2010 -11 2011 -12 Change Division Total $1,615,748 $1,215,599 $1,209,063 $ 888,794 - 26.88% Personal Services $ 61,322 $ 75,932 $ 76,684 $ 64,975 - 14.43% Supplies 1,634 1,650 1,485 3,450 109.09% Services & Charges 1,552,792 1,138,017 1,130,894 820,369 - 27.91% Division Total $1,615,748 $1,215,599 $1,209,063 $ 888,794 - 26.88% Scope of Services Summary The Economic Development Division works with the Economic Development Corporation Board to set direction and polices related to economic development projects in the City. The Department and its activities are funded through the collection of a 112 cent sales tax, which must be spent on economic development projects related to capital investment and job creation. Past activities have included the re- nourishment of Sylvan Beach, the ball fields at Pecan Park, the library, and infrastructure improvements on Main Street. In the upcoming FY 2011 -12 we will continue to budget $200,000 for enhancement grants for businesses along Main Street. We will also continue to work with our regional economic development partners on business retention and expansion programs, small business development, marketing efforts, workforce initiatives, transportation issues and quality of life issues. The Economic Development Coordinator will also serve as the Business Ombudsman for the City of La Porte, working with new and existing businesses to help them through the planning and zoning processes. Personnel Position Roster Approved Approved Requested 2009 -10 2010 -11 2011 -12 Economic Dev/Downtown Revitalization Coord 0.50 0.50 0.50 Secretary TV 0.50 0.50 0.25 Total 1.00 1.00 0.75 City of La Porte La Porte Development Corporation (038) Frond Summary (Section 4B Sales Tax) Beginning Fund Balance 9130110 Plus Estimated 10 -11 Revenues Less 10 -1 1 Expenditures and Commitments Debt Payments Economic Development Operations Capital Projects /Transfers Total Expenditures Estimated Fund Balance 9/30/11 622,692 231 ,371 355.000 $ 1,639,258 1,601,340 1,209,063 2,031,535 Plus 11 -12 Revenues: 1/2 Cent Sales Tax Interest Income Total Revenues 1,628,379 4,000 1,632,379 Equals Total Resources Less 11 -12 Expenditures: Economic Development Operations Debt Service Transfer * Capital Projects /Transfers Total Expenditures Ending Fund Balance 9130112 $ 2,775,120 Estimated Projected 2010 -11 2011 -12 Revenues $ 1,601,340 $ 1,632,379 Expenditures & Commitments 1,209,063 888,794 Revenues over Expenditures $ 392,277 $ 743,585 3,663,914 200,325 688,469 888,794 *Debt Service Payments for Library, Bay Area .boulevard & Canada Road and Baloelds. City of La Porte, Texas Section 4B 112 Cent Sales Tax Detail of Expenditures Personal Services: 1010 Regular Earnings 1020 Overtime 1030 Certification 1035 Longevity 1060 FICA 1065 Retirement 1080 Insurance - Medical 1081 Insurance - Life Personal Services Subtotal Supplies: 51,004 2001 Office Supplies 2002 Postage 2015 Other Supplies Supplies Subtotal Services & Charges: 3001 Memberships & Subscriptions 3020 Training /Seminars 4011 Building 4055 Computer Software 4060 Computer Lease Fees 4065 Computer Maintenance Fees 5001 Accounting 5003 Legal 5005 Personnel Services 5007 Other Professional Services 6005 Advertising 6010 Janitorial 7001 Electrical 7002 Natural Gas 7004 Water 7005 Mise Utilities 9050 Contingency 9997 Special Programs 9004 Adm Transfer to Fund 004 9015 Adm Transfer to Fund 015 Services & Charges Subtotal Division Total Actual Budget 2009 -10 2010 -11 $ 39,551 $ 51,004 4,141 4,320 250 - - 36 3,293 4,093 6,843 9,237 7,206 7,206 38 36 61,322 75,932 - 400 350 350 1,284 900 1,634 1,650 20,520 20,425 3,808 2,000 1,092 2,500 - 300 594 - 2,721 - 6,924 10,000 8,946 - 12,289 20,000 17,465 30,000 1,037 - 11,567 8,000 426 600 641 1,300 - 200 658 50,000 - 15,000 664,104 622,692 800,000 355,000 1,552,792 1,138,017 1,615,748 1,215,599 038 -6030 -565 Estimated 2010 -11 51,567 4,320 104 4,214 9,237 7,206 235 400 350 350 900 2,700 1,485 3,450 20,425 2,000 2,500 300 10,000 20,500 3,000 1,600 5,000 10,000 22,798 32,154 125 8,000 600 1,700 3,000 49,600 622,692 Requested 2011 -12 42,666 4,320 106 3,577 8,200 6,086 24,000 30,000 10,500 500 1,600 200 25,000 688,469 $ 1,209,063 $ 820,369 888,794 City of La Porte La Porte Development Corporation Fund (038) Statement of Revenues Actual Budget Revised Requested Object Description 2009 -10 2010 -11 2010 -11 2011 -12 Charges for Services: 403.02 -00 1/2 Cent Sales Tax $ 1,571,258 $ 1,433,226 $ 1,596,450 $ 1,628,379 Charges for Services Subtotal 1,571,258 1,433,226 1,596,450 1,628,379 Miscellaneous: 410.00 -00 Miscellaneous 48 - - - Miscellaneous Subtotal 48 - Interest: 483,01 -00 Interest Income 8,254 10,000 4,890 4,000 Interest Subtotal 8,254 10,000 4,890 4,000 Total La Porte Development Corp Fund Revenues $ 1,579,560 $ 1,443,226 $ 1,601,340 $ 1,632,379 REQUEST FOR LA PORTE ECONOMIC DEVELOPMENT CORPORATION AGENDA ITEM Agenda Date Requested: 6/27/11 Appropriation Source of Funds: Capital Improvement Account Number: 015- 9892 - 992 -11.00 Amount Budgeted: S75,000 Requested By: Stacey Osborne Department: CMO Report: Resolution: Ordinance: Exhibits: Amount Requested: Budgeted Item: YES NO SUMMARY & RECOMMENDATION At the meeting of the La Porte Economic Development Coiporation (EDC) on June 6 2011, the EDC Board reviewed proposals for directional signage in the City. The Board selected the proposal submitted by Saifee Signs, which was the lowest quote received. As the Board may recall, this particular proposal AN - as included at the last minute because it was in the email box of a staff member who had to leave for a medical emergency. The Board expressed a desire to move foiN and with Saifee Signs, but asked for some additional background information about the company before approving the contract. After consulting with the Purchasing Department, staff has some concerns about the discrepancy between the lowest- and highest -priced bids, the fact that the bids don`t appear to include the same items in them, and the fact that TXDOT approvals are not specifically addressed in all of the bids. Staff is not comfortable recommending this proposal for final approval at this time, and would like to further investigate all of the companies who submitted quotes. Upon consultation with Purchasing, ive may re- subunit this project through a formal bidding process. Action Required by Economic Development Corporation: Provide direction to staff. Approved for La Porte Development Corporation Agenda Ron Bottoms, City Manager date REQUEST FOR LA PORTE ECONOMIC DEVELOPMENT CORPORATION AGENDA ITEM Agenda Date Requested: 6/27/11 Requested By: Randy Woodard Department: CMO Report: Resolution: Ordinance: Exhibits: Opinion from Clark Exhibits: Exhibits: Appropriation Source of Funds: Account Number: Amount Budgeted: Amount Requested: Budgeted Item: YES NO SUMMARY & RECOMMENDATION Randy Woodard has requested that the Board discuss the possibly of funding a low - powered FM radio station. Attached is Clark's opinion regarding that issue, which has been foiN arded to the Board via email. Action Required by Economic Development Corporation: Discuss the possibly of funding a low- powered FM radio station. Approved for La Porte Development Corporation Agenda Ron Bottoms, City Manager date Osborne, Stacey From: ctasNns@sxwboUoed Gent Monday, June 2O.2O11 10:59 AM To: Osborne, Stacey; Bottoms, Ron Subject: EOC funding for radio station 1) Local Government Code Sec. 501.103(2) allows EDC funds to be used in connection with a for "infrastructure necessary to promote or develop new or expanded business enterprises, limited to .... telecommunications and Internet improvements". 2) Local Government Code Sec. 505.103 authorizes an EDC to "spend not more than 10 percent of the corporate revenues for promotional purposes". mm