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Home My WebLink About07-23-13 Meeting of the La Porte Development Corporation Board of Directors RICHARD WARREN,PRESIDENT MIKE CLAUSEN, BOARD MEMBER MIKE COOKSLEY, BOARD MEMBERRANDY WOODARD, BOARD MEMBER JAY MARTIN, BOARD MEMBERNANCY OJEDA,BOARD MEMBER CHUCK ENGELKEN, BOARD MEMBER CITY OF LA PORTE DEVELOPMENT CORPORATION MEETING AGENDA Notice is hereby given of a meeting of theCity of La Porte Development Corporation to be held on July23,2013, at the City Hall Council Chambers, 604 West Fairmont Parkway, La Porte, Texas, at 5:00p.m. to consider the followingitems of business: 1. Call to order 2. Consider approval of minutes of the meeting of La Porte Development Corporation Board held on July 8,2013–P. Fogarty 3. Consider approval or other action regarding proposed budget for the 2013-2014 La Porte Development Corporation Board -S. Livingston 4. Set date for next meeting –S. Livingston 5.Staff Reports (a)Receive Financial Report –M. Dolby 6.Board member commentsregarding matters appearing on agenda; recognition of community members, city employees, and upcoming events; inquiry of staff regarding specific factual information or existing policies. 7. Executive Session–The 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. Reconveneinto regular session and consider action, if any, on items discussed in executive session. 9. Adjourn In compliance with the Americans with Disabilities Act, the City of La Porte City will provide for reasonable accommodations for persons attending publicmeetings. 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 July 23, 2013, agenda of items to be considered by the Board of the La Porte Development Corporation was posted on the City Hall bulletin BoardonJuly 16, 2013. Page 1of 1 July 23, 2013, La Porte Development Corporation Agenda RICHARD WARREN,PRESIDENT MIKE CLAUSEN, BOARD MEMBER MIKE COOKSLEY, BOARD MEMBERRANDY WOODARD,BOARDMEMBER CHUCK ENGELKEN, BOARD MEMBERNANCY OJEDA, BOARD MEMBER MINUTES OF LA PORTE DEVELOPMENT CORPORATION BOARD MEETING OF JULY 8, 2013 July 8,2013, The City of La Porte Development Corporation Board met onat the City Hall Council 5:00p.m Chambers, 604 West Fairmont Parkway, La Porte, Texas, at .to consider the followingitems of business: 1. Call to Order President Warren called the meeting to order at 5:03p.m. The following members of the LaPorte Development Corporation Board were present: Board membersEngelken, Woodard,Ojeda, and Vice-President Cooksley.Absent: Board member Clausen. Staff Present:Corby Alexander,Traci Leach, Patrice Fogarty,Michael DolbyandCity Attorney KnoxAskins. 2. Consider approval of Minutes of the La Porte Development Corporation Board held on June 10, 2013–P. Fogarty Board member Engelkenmoved to approve the minutes as presented. Board member Cooksley MOTION PASSED. seconded. Ayes: President Warren, Boardmembers Woodard,Engelken, Ojeda and Vice-President Cooksley Nays: None Absent:Board member Clausen 3. Consider approval or other action to allow staff to post appropriate notice for a public hearing for an incentive grant request in an amount not to exceed $66,000.00 to Rob Johnson Interests to demolish and remove the concrete slab in preparation for a new retail development on the former Chevrolet dealership –S. Livingston Economic Development Coordinator Scott Livingstonpresented a summary;and Rob Johnson owner of Rob Johnson Interests,provided a background on his real estate development company. Board member Woodard questioned Mr. Johnson regarding theitemized list of work completed to secure the property and the Phase I Environmental. Mr. Johnson informed Phase I and Phase II Environmental were completed by the Marks family,and a closure letter was received from the TexasCommission on Environmental Quality(TECQ)December 2012.Mr. Johnson also informed an environmental company advised it would cost $10,000.00 to remove 6-8 hydraulic lifts. Board member Ojeda moved to authorize staff to post for a public hearing for anincentive grant in MOTION PASSED. an amount not to exceed $66,000.00. Board member Cooksley seconded. Page 1of 2 July 8, 2013, La Porte Development Corporation Board Minutes Ayes: President Warren, Boardmembers Woodard, Engelken, Ojeda and Vice-President Cooksley Nays: None Absent:Board member Clausen 4. Discussion regarding Bayfront Development –S. Livingston Economic Development Coordinator Scott Livingstondiscussed future bayfront development, asking that the EDC give some thought to this subject for future discussions. Board members directed staff to place an item on the next agenda to discuss bayfront development. 5. Set date for next meeting –S. Livingston Board members set the next meeting date for July22,2013, at4:45p.m.However, this meeting date may be amended because the Fiscal Affairs Committee must meet on July 22 prior to the council meeting. There may not be enough time for both committees to meet prior to the start of the council meeting. 6.Board member commentsregarding matters appearing on agenda; recognition of community members, city employees, and upcoming events; inquiry of staff regarding specific factual information or existing policies. There were no board member comments. 7. Executive Session–The 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. There was no executive session. 8. Reconveneinto regular session and consider action, if any, on items discussed in executive session. There was no executive session. 9. Adjourn There being no further business, at 5:53p.m.,Board member Woodardmoved to adjourn the MOTION PASSED. meeting.Board member Cooksleyseconded. Ayes: Vice President Warren, Board members Woodard, Engelken, Ojedaand Vice-President Cooksley Nays: None Absent:Board member Clausen Respectfully submitted, ____________________________________ Patrice Fogarty, City Secretary Passed and approved on this____ dayof______________, 2013. ____________________________________ President RichardWarren Page 2of 2 July 8, 2013, La Porte Development Corporation Board Minutes REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA ITEM Appropriation Agenda Date Requested:7/23/13 Source of Funds: Requested By:Scott Livingston Account Number:038 Department:CMO Amount Budgeted: Report:Resolution:Ordinance: Amount Requested: Budgeted Item:YES NO Exhibits:A.Budget Summary-Revenues B.Budget Summary -Expenditures C.Fund Summary SUMMARY & RECOMMENDATION The FY 2014Budget will go before Council in August. Fund038 is funded by the ½ cent Type B Sales Tax that this Board oversees. The current budget is attached for reference. Staff will discuss key points of the budget at tonight’s workshop. After this workshop, staff recommends thatthe Board to consider action adopting the FY 2014 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 Development Corporation: Consider approval or other action to approve the proposed fiscal year 2014budget for the LaPorte Development Corporation. Approved for La Porte Development Corporation Agenda Corby D. Alexander, City ManagerDate City of La Porte La Porte Development Corporation Fund (038) Statement of Revenues ActualBudgetRevisedRequested ObjectDescription2011-122012-132012-132013-14 Charges for Services: 403.02-001/2 Cent Sales Tax1,948,484$ 1,727,397$ 1,989,438$ 1,989,438$ Charges for Services Subtotal1,948,484 1,727,397 1,989,438 1,989,438 Administrative Transfers: 480.01-15Transfer from CIP154,914 - - - Administrative Transfers Subtotal154,914 - - - Interest: 483.01-00Interest Income4,299 3,000 3,500 3,500 Interest Subtotal4,299 3,000 3,500 3,500 Total La Porte Development Corp Fund Revenues2,107,697$ 1,730,397$ 1,992,938$ 1,992,938$ City of La Porte, Texas Economic Development Corporation038-6030-565 Detail of Expenditures EstimatedActualBudgetEstimatedRequested 2011-122011-122012-132012-132013-14 Personal Services: 1010Regular Earnings$ 40,373$ 40,141$ 42,514$ 34,155$ 48,646 1020Overtime 400 399 - - - 1035Longevity 82 82 168 253 181 1060FICA 3,301 3,068 3,565 2,806 3,620 1065Retirement 7,554 7,070 8,257 6,508 8,377 1080Insurance - Medical 6,086 6,086 7,817 7,817 7,817 1081Insurance - Life 18 19 20 21 20 Personal Services Subtotal 57,814 56,865 62,341 51,560 68,661 Supplies: 2001Office Supplies 200 12 200 200 200 2002Postage 350 220 350 350 2,000 2015Other Supplies 2,700 2,503 800 800 800 Supplies Subtotal 3,250 2,735 1,350 1,350 3,000 Services & Charges: 3001Memberships & Subscriptions 20,500 20,535 43,500 43,500 43,500 3020Training/Seminars 3,000 3,453 6,500 7,000 12,500 4011Building 480 720 - - - 5001Accounting 5,000 5,000 5,000 5,000 5,000 5003Legal 10,000 13,141 10,000 10,000 10,000 5007Other Professional Services 9,706 10,062 32,068 30,200 35,500 6002Printing & Reproduction - - 3,500 5,000 10,500 6005Advertising 30,896 22,777 29,827 32,995 41,000 6010Janitorial 1,780 2,965 - - - 7001Electrical 4,000 4,625 - - - 7002Natural Gas 200 211 - - - 7004Water 2,650 3,889 - - - 9997Special Programs - - 93,300 43,300 85,927 9004Adm Transfer to Fund 004 660,338 660,338 410,061 410,061 948,545 9015Adm Transfer to Fund 015 970,000 970,000 695,000 695,000 - Services & Charges Subtotal 1,718,550 1,717,716 1,328,756 1,282,056 1,192,472 Capital Outlay: 8031Land Acquisitions - 23,900 - - - Capital Outlay Subtotal - 23,900 - - - Division Total$ 1,779,614$ 1,801,216$ 1,392,447$ 1,334,966$ 1,264,133 7/11/2013 City of La Porte La Porte Develoment Cororation (038) Fund Summar ppy (Section 4B Sales Tax) eginning Fund Balance 9/30/12 $ 2,426,011 B Plus Estimated 12-13 Revenues1,992,938 Less 12-13 Expenditures and Commitments Debt Payments410,061 Economic Development Operations229,905 Capital Projects/Transfers695,000 Reservations for Economic Development Incentives1,500,000 Total Expenditures2,834,966 stimated Fund Balance 9/30/13 1,583,983 E Plus 13-14 Revenues: 1/2 Cent Sales Tax1,989,438 Interest Income3,500 Total Revenues1,992,938 quals Total Resources 3,576,921 E Less 13-14 Expenditures: Economic Development Operations315,588 * Debt Service Transfer948,545 Total Expenditures1,264,133 nding Fund Balance 9/30/14 $ 2,312,788 E Projecte Estimatedd 2012-132013-14 Revenues1,992,938$ 1,992,938$ Expenditures & Commitments2,834,966 1,264,133 Revenues over Expenditures(842,028)$ 728,805$ *Debt Service Payments for Library, Bay Area Boulevard & Canada Road and Ballfields. This is an Unaudited Statement. City of La Porte La Porte Development Corporation (038) Fund Summary (Section 4B Sales Tax) Previous ReportFY 2012-13FY 2011-12 Unaudited Beginning Fund Balance 9/302,196,9352,196,9352,123,808 Plus Year to Date Revenues: 1/2 Cent Sales Tax792,7541,167,6111,086,965 Transfers-In--154,914 Interest Income3,0623,6063,230 Total Revenues795,8161,171,2171,245,109 Equals Total Resources2,992,7513,368,1523,368,917 Less Year to Date Expenditures: Payroll23,88736,60940,273 Supplies4577942,247 Services & Charges (Memberships, Training, Advertising, Legal, Utilities)47,891124,47063,669 Debt Service Transfer239,202307,546495,254 * ** Capital Projects Transfers72,91793,750727,500 Total Expenditures384,354563,1691,328,943 Estimated Year to Date Fund Balance$2,608,397$2,804,983$2,039,974 *Debt Service Payments for Library, Bay Area Boulevard & Canada Road and Ballfields. **Capital Project Transfer is for the 3rd Street Parking Lot Project.