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HomeMy WebLinkAbout05-12-14 Meeting of the La Porte Development Corporation Board of Directors RICHARD WARREN, PRESIDENTRICHARD WARREN, PRESIDENTMIKE CLAUSEN, BOARD MEMBERMIKE CLAUSEN, BOARD MEMBER MIKE COOKSLEY, BOARD MEMBERMIKE COOKSLEY, BOARD MEMBERRANDY WOODARD, BOARD MEMBERRANDY WOODARD, BOARD MEMBER JAY MARTIN, BOARD MEMBERJAY MARTIN, BOARD MEMBERNANCY OJEDA, BOARD MEMBERNANCY OJEDA, BOARD MEMBER CHUCK ENGELKEN, BOARD MEMBERCHUCK ENGELKEN, BOARD MEMBER CITY OF LA PORTE DEVELOPMENT CORPORATION MEETING AGENDACITY 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 Notice is hereby given of a meeting of the City of La Porte Development Corporation to be held on May 12, 2014May 12, 2014, at the City Hall Council Chambers, 604 W. Fairmont Parkway, La Porte, Texas, , at the City Hall Council Chambers, 604 W. Fairmont Parkway, La Porte, Texas, beginning at 05:00 PM to consider the following items of business:beginning at 05:00 PM to consider the following items of business: 1.CALL TO ORDERCALL TO ORDER 2.CONSENT AGENDACONSENT AGENDA (All consent agenda items are considered routine by the La Porte (All consent agenda items are considered routine by the La Porte Decelopment Corporation Board and will be enacted by one motion. There will be no separate Decelopment Corporation Board and will be enacted by one motion. There will be no separate discussion of these items unless a Board member requests an item be removed and considered discussion of these items unless a Board member requests an item be removed and considered separately)separately) (a)Consider approval of minutes of the meeting of La Porte Development Corporation Board Consider approval of minutes of the meeting of La Porte Development Corporation Board held on April 28, 2014 held on April 28, 2014 -- P. Fogarty P. Fogarty 3.DISCUSSION OR OTHER ACTIONDISCUSSION OR OTHER ACTION (a)Discussion or other action regarding Proposed Projects for Fiscal Year 2014Discussion or other action regarding Proposed Projects for Fiscal Year 2014--2015 Budget 2015 Budget - S. LivingstonS. Livingston 4.SET DATE FOR NEXT MEETINGSET DATE FOR NEXT MEETING 5.STAFF REPORTSSTAFF REPORTS (a)Receive Financial Report Receive Financial Report -- S. Livingston S. Livingston 6.Board member comments regarding matters appearing on agenda; Recognition of Board member comments regarding matters appearing on agenda; Recognition of community members, city employees, and upcoming events; inquiry of staff regarding community members, city employees, and upcoming events; inquiry of staff regarding specific factual information or existing policies.specific factual information or existing policies. 7.Executive Session Executive Session ——The La Porte Development Corporation reserves the right to meet in 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 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.Open Meetings Act, Title 5, Chapter 551, of the Texas Government Code. 8.Reconvene into regular session and consider action, if any, on items discussed in executive Reconvene into regular session and consider action, if any, on items discussed in executive session.session. 9.AdjournAdjourn In compliance with the Americans with Disabilities Act, the City of La Porte will provide for reasonable In compliance with the Americans with Disabilities Act, the City of La Porte will provide for reasonable accommodations for persons attending public meetings. To better serve attendees, requests should be received 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 281.470.5019.24 hours prior to the meetings. Please contact Patrice Fogarty, City Secretary, at 281.470.5019. CERTIFICATIONCERTIFICATION I certify that a copy of the May 12, 2014, agenda of items to be considered by the Board of the La Porte Development I certify that a copy of the May 12, 2014, agenda of items to be considered by the Board of the La Porte Development Corporation was placed on the City Hall Bulletin Board on May 6, 2014 .Corporation was placed on the City Hall Bulletin Board on May 6, 2014 .   signature heresignature here     Patrice Fogarty, City SecretaryPatrice Fogarty, City Secretary   RICHARD WARREN, PRESIDENT MIKE CLAUSEN, BOARD MEMBER MIKE COOKSLEY, VICE PRESIDENT RANDY WOODARD, BOARD MEMBER CHUCK ENGELKEN, BOARD MEMBER NANCY OJEDA, BOARD MEMBER JAY MARTIN, BOARD MEMBER MINUTES OF LA PORTE DEVELOPMENT CORPORATION BOARD MEETING OF APRIL 28, 2014 April 28, 2014, The City of La Porte Development Corporation Board met on at the City Hall Council 5:00 p.m Chambers, 604 West Fairmont Parkway, La Porte, Texas, at . to consider the following items of business: 1. CALL TO ORDER President Warren called the meeting to order at 5:17 p.m. The following members of the La Porte Development Corporation Board were present: Board members Martin, Clausen, Woodard, Ojeda and Engelken. Absent: Vice President Cooksley Staff Present: Corby Alexander, Patrice Fogarty, Scott Livingston and Assistant City Attorney Clark Askins. ( 2. CONSENT AGENDA All consent agenda items are considered routine by the La Porte Development Corporation Board and will be enacted by one motion. There will be no separate discussion of these items unless a Board member requests an item be removed and considered separately.) (a) Consider approval of minutes of the meeting of La Porte Development Corporation Board held on April 14, 2014 P. Fogarty Board member Engelken moved to approve the consent agenda as presented. Board member Clausen seconded. Ayes: President Warren, Board members Clausen, Woodard, Ojeda, Martin and Engelken Nays: None Absent: Vice-President Cooksley 3. DISCUSSION OR OTHER ACTION (a) Discussion regarding Workforce Development Programs S. Livingston Economic Development Coordinator Scott Livingston presented discussion on Workforce Development Programs. Board member Clausen commented he thinks the Board should use incentives to bring businesses and industry to the City and he does not think there is a rush to streamline the distribution of funds. Page 1 of 3 April 28, 2014, La Porte Development Corporation Board Minutes Board member Martin questioned ED Coordinator Scott Livingston how can funds for Workforce Development Programs be distributed to a business in La Porte as an incentive. Mr. Livingston responded it depends on how the funds are designated and how the Development Agreement is crafted. President Warren commented La Porte citizens should be taken care of first. Board member Woodard commented he does like new businesses. Board member Ojeda commented she does feel drawn to subsidized job training for individuals and new businesses; but if an individual is unemployed, they should qualify for federal grants through San Jacinto College. Board member Engelken commented he agrees with President Warren and Board member Clausen, and the tools for Workforce Development/Training should be used when requested. It was the consensus of the Board to leave the funds allocated for Workforce Development/Training as is. (b) Discussion regarding proposed projects for Fiscal Year 2014-2015 S. Livingston Economic Development Coordinator Scott Livingston presented a summary and recommended $25,000.00 should be earmarked for small business development. Board member Woodard asked what the $25,000.00 be spent on. Mr. Livingston responded the funds can be used for enhancement grants or to repair the space of a small business in La Porte. Board commented a small business can fail lacking funds. Economic Development Coordinator Scott Livingston advised a line item was added to the budget for small business development, and he wanted Council to know the Board is aware the funds are available for projects. Board member Engelken commented if a project becomes available, it should be brought to the Board for possible consideration. Board member Clausen commented when incentive grants are given, for example, to the Rob Johnson project, with a facility going on the tax rolls and money coming back, it is not giving funds away. The Board was in favor of keeping the process as is, even if there is a mandatory public hearing waiting time prior to giving a business incentive grants. 4. SET DATE FOR NEXT MEETING S. Livingston Board members set the next meeting dates for Monday, May 12, 2014; Monday, June 9, 2014; and Monday, July 14, 2014. BOARD MEMBER COMMENTS regarding matters appearing on agenda; recognition of community 5. members, city employees, and upcoming events; inquiry of staff regarding specific factual information or existing policies. Page 2 of 3 April 28, 2014, La Porte Development Corporation Board Minutes Economic Development Coordinator Scott Livingston commented he and President Warren and Board member Ojeda will be attending the ICSC (International Council of Shopping Centers) Annual Show in Las Vegas, May 17-20, 2014. 6. 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. 7. RECONVENE into regular session and consider action, if any, on items discussed in executive session. There was no executive session. 8. ADJOURN There being no further business, at 5:45 p.m. Board member Clausen moved to adjourn the meeting. MOTION PASSED. Board member Engelken seconded. Ayes: President Warren, Board members Engelken, Woodard, Ojeda, Clausen and Martin Nays: None Absent: Vice President Cooksley Respectfully submitted, ____________________________________ Patrice Fogarty, City Secretary th Passed and approved on this 12 day of May, 2014. ____________________________________ President Richard Warren Page 3 of 3 April 28, 2014, La Porte Development Corporation Board Minutes REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA ITEMITEM May 12, 2014May 12, 2014AppropriationAppropriation Agenda Date Requested:Agenda Date Requested: 4B Board 4B Board Scott D. Livingston Scott D. Livingston Source of Funds:Source of Funds: Requested By:Requested By: Account Number:Account Number: Economic Development/Tourism Economic Development/Tourism Department: Amount Budgeted:Amount Budgeted: Report:Resolution:Resolution:Ordinance:Ordinance: Amount Requested:Amount Requested: Exhibits: Budgeted Item:Budgeted Item:YESYESNONO 1. Proposed Budget, FY 20141. Proposed Budget, FY 2014--20152015 SUMMARY & RECOMMENDATIONSSUMMARY & RECOMMENDATIONS Discussion regarding the proposed 4B Budget for FY 2014 Discussion regarding the proposed 4B Budget for FY 2014 -- 2015. 2015.  In order to show proposed budget expenditures for the  In order to show proposed budget expenditures for the budget year, FY 2014 budget year, FY 2014--2015, staff used the budget 2015, staff used the budget nextnext worksheet from the worksheet from the budget year, FY 2013 budget year, FY 2013--2014, and showed proposed changes for the 2014, and showed proposed changes for the budget year, budget year, currentcurrentnextnext FY 2014-2015, in 2015, in ink in the right hand margin of the worksheet. ink in the right hand margin of the worksheet.  BLUE BLUE  Please note the following examples:  Please note the following examples:    “$0”means means changes from the current fiscal year to the next fiscal year.  In other words, the proposed changes from the current fiscal year to the next fiscal year.  In other words, the proposed nono amount to be spent in the next fiscal year is the amount to be spent in the next fiscal year is the as what was budgeted in the current fiscal year.  If as what was budgeted in the current fiscal year.  If same same we budgeted $2,000 for postage in the we budgeted $2,000 for postage in the fiscal year, then fiscal year, then ““$$00””in BLUE ink in the right hand column in BLUE ink in the right hand column currentcurrent means that staff is proposing to budget $2,000 again for the means that staff is proposing to budget $2,000 again for the fiscal year.  fiscal year.  nextnextnextnext  “ $1,500”means that staff proposes an means that staff proposes an in this line item for the next budget year, FY 2014in this line item for the next budget year, FY 2014--2015.  If we 2015.  If we +increase increase budgeted $43,500 for Memberships & Subscriptions in the budgeted $43,500 for Memberships & Subscriptions in the fiscal year, then $+ $1,500 fiscal year, then $+ $1,500””means that staff is means that staff is currentcurrent proposing to budget $45,000 for the proposing to budget $45,000 for the fiscal year.  fiscal year.  nextnext  “$4,500”means that staff proposes a means that staff proposes a in this line item for the next budget year, FY 2014 in this line item for the next budget year, FY 2014--2015.  If we 2015.  If we -decreasedecrease budgeted $22,500 for Training/Seminars in the budgeted $22,500 for Training/Seminars in the fiscal year, then fiscal year, then ““--$$4,5004,500””means that staff is proposing to means that staff is proposing to currentcurrent budget $18,000 for the budget $18,000 for the fiscal year.  fiscal year.  nextnext  The cumulative difference of all the changes, both increases and decreases, is  The cumulative difference of all the changes, both increases and decreases, is ““””, , which is shown in the which is shown in the --$$24,00024,000 lower right hand corner of page #5 of the enclosed document.lower right hand corner of page #5 of the enclosed document.  All other notes regarding how funds in each budget line item are anticipated to be spent in the next fiscal year are  All other notes regarding how funds in each budget line item are anticipated to be spent in the next fiscal year are shown in the text for each line item. shown in the text for each line item.  Staff must submit all initial budget information to the City Manager by Staff must submit all initial budget information to the City Manager by .  Please give staff direction .  Please give staff direction 16 May 201416 May 2014 regarding any changes to staffregarding any changes to staff’’s proposed 4B Budget for FY 2014s proposed 4B Budget for FY 2014--2015. 2015.  Action Required by the La Porte Development Corporation:Action Required by the La Porte Development Corporation:  No formal action or vote is required.  No formal action or vote is required.  Approved for the La Porte Development Corporation AgendaApproved for the La Porte Development Corporation Agenda Corby D. Alexander, City ManagerCorby D. Alexander, City ManagerDateDate This is an Unaudited Statement. City of La Porte La Porte Development Corporation (038) Fund Summary (Section 4B Sales Tax) Previous ReportFY 2013-14FY 2012-13 Unaudited Beginning Fund Balance 9/30$2,768,155$2,768,155$2,196,935 Plus Year to Date Revenues: 1/2 Cent Sales Tax569,498736,187650,047 Interest Income2,0072,7512,253 Total Revenues571,505738,938652,300 Equals Total Resources3,339,6603,507,0932,849,235 Less Year to Date Expenditures: Payroll26,70432,11418,670 Supplies411411153 Services & Charges (Memberships, Training, Advertising, Legal, Utilities)78,950149,49645,083 Debt Service Transfer395,227474,273205,031 * Capital Projects Transfers32,08338,50062,500 ** Total Expenditures533,375694,794331,437 Estimated Year to Date Fund Balance as of 3/31/2014$2,806,285$2,812,299$2,517,798 Commitments Project Nebula$1,000,000 Intergulf125,000 Rob Johnson Interests106,000 Richard Industrial Group15,000 Debt Service Reserve948,545 $2,194,545 Adjusted Year to Date Fund Balance$617,754 Projection Through Year End Adjusted Year to Date Fund Balance$617,754 Plus: Estimated Sales Tax1,253,251 Less: Estimated Operational Costs(143,567) Less: Debt Service Transfers(474,272) Less: Capital Projects Transfers(138,500) Projected Year End Fund Balance$1,114,666 Sales tax revenues for Fiscal Year 2015 are estimated to be $2,029,227. (2% growth over current year) Previously Funded Projects (Funding in Fund 015 - General CIP Fund) BudgetExpendituresBalance District 23 Street Paving175,000-175,000 Façade Grants300,00081,570218,430 Total475,00081,570393,430 *Debt Service Payments for Library, Bay Area Boulevard & Canada Road and Ballfields. **Capital Project Transfer is for 1/2 of the Golf Course/Little Cedar Bayou Park Irrigation Sytstem.