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HomeMy WebLinkAbout10-24-16 Meeting of the La Porte Development Corporation Board of Directors RICHARD WARREN, PRESIDENTRICHARD WARREN, PRESIDENTMIKE CLAUSEN, BOARD MEMBERMIKE CLAUSEN, BOARD MEMBER SHELLEY FULLER, BOARD MEMBERSHELLEY FULLER, BOARD MEMBERRANDY WOODARD, BOARD MEMBERRANDY WOODARD, BOARD MEMBER VENESSA GUERRERO, BOARD MEMBERVENESSA GUERRERO, BOARD MEMBERNANCY OJEDA, VICENANCY OJEDA, VICE-PRESIDENT 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 October 24, 2016October 24, 2016, 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 5:00 PM to consider the following items of business:beginning at 5:00 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 Development Corporation Board and will be enacted by one motion. There will be no separate 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 discussion of these items unless a Board member requests an item be removed and considered separately)separately) (a)Consider approval or other action regarding minutes of the meeting held on September 26, Consider approval or other action regarding minutes of the meeting held on September 26, 2016 2016 -- P. Fogarty P. Fogarty (b)Financial Report Financial Report -- M. Dolby M. Dolby (c)(c)Consider approval or other action authorizing Staff to execute payment in the amount of Consider approval or other action authorizing Staff to execute payment in the amount of Consider approval or other action authorizing Staff to execute payment in the amount of Consider approval or other action authorizing Staff to execute payment in the amount of $185,000.00 to "ACT Independent Turbo Services, Inc., in accordance with terms of $185,000.00 to "ACT Independent Turbo Services, Inc., in accordance with terms of incentive agreement incentive agreement -- T. Leach T. Leach 3.AUTHORIZATIONSAUTHORIZATIONS (a)Consider approval or action authorizing the Board President Richard Warren to sign and Consider approval or action authorizing the Board President Richard Warren to sign and execute a development agreement with Patrasia Hefley for an enhancement grant project in execute a development agreement with Patrasia Hefley for an enhancement grant project in an amount not to exceed $25,000.00 for property located at 832. S. Broadway La Porte, an amount not to exceed $25,000.00 for property located at 832. S. Broadway La Porte, Texas Texas -- T. Leach T. Leach (b)Consider approval or other action designating projects of the La Porte Development Consider approval or other action designating projects of the La Porte Development Corporation and authorize Staff to publish public hearing notice for January 9, 2017 Corporation and authorize Staff to publish public hearing notice for January 9, 2017 - T. LeachLeach (c)Consider approval or other action authorizing Board President Richard Warren to execute Consider approval or other action authorizing Board President Richard Warren to execute and sign a development agreement with "Deborah S. Bernay, O.D." (dba La Porte Vision and sign a development agreement with "Deborah S. Bernay, O.D." (dba La Porte Vision Center) for an enhancement grant for an amount not to exceed $2,950.00 for property Center) for an enhancement grant for an amount not to exceed $2,950.00 for property located at 401 W. Fairmont Parkway La Porte, Texas located at 401 W. Fairmont Parkway La Porte, Texas -- T. Leach T. Leach 4.SET DATE FOR NEXT MEETINGSET DATE FOR NEXT MEETING   5.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. 6.AdjournAdjourn 1 The La Porte Development Corporation Board reserves the right to meet in closed session on any The La Porte Development Corporation Board reserves the right to meet in closed session on any agenda item should the need arise and if applicable pursuant to authorization by Title 5, Chapter 551, agenda item should the need arise and if applicable pursuant to authorization by Title 5, Chapter 551, of the Texas Government Code (the Texas open meetings laws).of the Texas Government Code (the Texas open meetings laws). 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 October 24, 2016 , agenda of items to be considered by the Board of the La Porte Development I certify that a copy of the October 24, 2016 , agenda of items to be considered by the Board of the La Porte Development Corporation was placed on the City Hall Bulletin Board on October 18, 2016.Corporation was placed on the City Hall Bulletin Board on October 18, 2016.        Patrice Fogarty, City SecretaryPatrice Fogarty, City Secretary   2 RICHARD WARREN,PRESIDENT MIKE CLAUSEN, BOARD MEMBER NANCY OJEDA, VICE-PRESIDENTRANDY WOODARD,BOARDMEMBER CHUCK ENGELKEN, BOARD MEMBERSHELLEY FULLER, BOARD MEMBER VENESSAGUERRERO,BOARD MEMBER MINUTES OF LA PORTE DEVELOPMENT CORPORATION BOARD MEETING OF SEPTEMBER 26, 2016 The City of La Porte Development Corporation Board met on September 26, 2016, at the City Hall Council Chambers, 604 West Fairmont Parkway, La Porte, Texas, 77571, at 5:00 p.m. to consider the following items of business: 1. CALL TO ORDER President Richard Warren called the meeting to order at 5:00 p.m. The following members of the La Porte Development Corporation Board were present: Board members Fuller, Woodard, Clausen, Guerrero, and Ojeda. Staff Present: Corby Alexander, Traci Leach, Patrice Fogarty and Clark Askins. Board member Engelken arrived at 5:01 p.m. 2. CONSENT (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 or other action regarding minutes of the La Porte Development Corporation Board meeting held on August 29, 2016 P. Fogarty (b) Financial Report M. Dolby (c) Consider approval or other action authorizing Staff to execute payment in the amount of $17, 045.50 to Lawrence W. Maher, Jr., Family Trust for completion of enhancement grant project, in accordance with terms of incentive agreement T. Leach Board member Clausen moved to approve the Consent Agenda items pursuant to staff recommendations. Board member Ojeda seconded. MOTION PASSED UNANIMOUSLY 6/0. Board member Engelken had not arrived in time for the vote. He arrived at 5:01 p.m. 3. AUTHORIZATIONS (a) Consider approval or other action authorizing Board President Richard Warren to sign and execute a development agreement with Lettie Sanchez for an enhancement grant project in an amount not to exceed $7,559.73 for property located at 912 W. Main T. Leach Assistant City Manager Traci Leach presented a summary. Board member Clausen asked Ms. Leach to list the major components of the project, and she did. Page 1 of 3 September 26, 2016, La Porte Development Corporation Board Minutes 3 Board member Clausen moved to authorize Board President Richard Warren to sign and execute a development agreement with Lettie Sanchez, for an enhancement grant project in an amount not to exceed $7,559.73 for property located at 912 W. Main. Board member Ojeda seconded the motion. MOTION PASSED UNANIMOUSLY 7/0. (b) Consider approval or other action authorizing the Board President Richard Warren to sign and execute a development agreement with Margaret Lindsey Russell for an enhancement grant th project in an amount not to exceed $25,000.00 for property located at 1026 S. 8 Street La Porte, Texas T. Leach Assistant City Manager Traci Leach presented a summary. Board member Ojeda asked if the business is currently for sale. Ms. Russell responded yes. Board member Engelken asked if the business is for sale and the Board approves the development agreement, how it will affect the new owner. Assistant City Attorney Clark Askins advised there is a clause in the agreement saying a new owner cannot be reassigned to the development agreement without written consent of the La Porte Development Corporation Board and suggested if there is a new owner, the agreement come back to the Board. Board member Ojeda commented she has a problem with approving the development agreement knowing the business will be sold. Board member Woodard moved to authorize Board President Richard Warren to sign and execute a development agreement with Margaret Lindsey Russell for an enhancement grant project in an amount th not to exceed $25,000.00 for property located at 1026 S. 8 Street La Porte, Texas. President Warren seconded. MOTION FAILED. Ayes: President Warren, Board members Woodard and Clausen Nays: Vice-President Ojeda, Board members Engelken, Fuller and Guerrero Absent: None (c) Consider approval or other action regarding the appointment of a President and Vice-President for the Board of the La Porte Development Corporation T. Leach Assistant City Manager Traci Leach presented a summary. Vice-President Ojeda nominated Board member Engelken, but he declined. Board member Engelken moved to keep as is, with Richard Warren as President and Nancy Ojeda as Vice-President. Board member Clausen seconded the motion. MOTION PASSED UNANIMOUSLY 7/0. Vice-President Ojeda left the meeting at 5:24 p.m. (d) Consider approval or other action designating projects of the La Porte Development Corporation and authorize Staff to publish public hearing notice for December 12, 2016 T. Leach Assistant City Manager Traci Leach presented a summary. Page 2 of 3 September 26, 2016, La Porte Development Corporation Board Minutes 4 Board member Engelken moved to designate projects of the La Porte Development Corporation and authorize Staff to publish public hearing notice for December 12, 2016. Board member Fuller seconded the motion. MOTION PASSED UNANIMOUSLY 6/0. Vice-President Ojeda had left the meeting. 4. SET DATE FOR NEXT MEETING Board members set the next meeting date for Monday, October 24, 2016, at 5:00 p.m. 5. BOARD MEMBER 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 member Engelken inquired on the status of hiring a new Economic Development Coordinator for the La Porte Development Corporation Board. Assistant City Manager Traci Leach informed the Board that numerous applications have been received, and Staff has narrowed it down to four applicants and is working with the Human Resource Department to coordinate interviews with the individuals. 6. ADJOURN There being no further business, Board member Woodard moved to adjourn the meeting at 5:29 p.m. Board member Guerrero seconded the motion. MOTION PASSED UNANIMOUSLY 6/0. Vice-President Ojeda was absent. Respectfully submitted, ____________________________________ Patrice Fogarty, City Secretary th Passed and approved on this the 24 day of October, 2016. ____________________________________ President Richard Warren Page 3 of 3 September 26, 2016, La Porte Development Corporation Board Minutes 5 This is an Unaudited Statement. City of La Porte La Porte Development Corporation (038) Fund Summary (Section 4B Sales Tax) Previous ReportFY 2015-16FY 2014-15 Unaudited Beginning Fund Balance 9/30$4,544,417$4,544,417$3,213,390 Plus Year to Date Revenues: 1/2 Cent Sales Tax1,695,4331,854,7332,097,221 Transfers-In--175,000 Interest Income17,88420,9267,734 Total Revenues1,713,3171,875,6592,279,955 Equals Total Resources6,257,7346,420,0765,493,345 Less Year to Date Expenditures: Payroll78,74580,549103,544 Supplies1,2431,3941,550 Services & Charges (Memberships, Training, Advertising, Legal, Utilities)119,827147,360163,079 Incentive Grants180,000180,00088,000 * Debt Service Transfer623,946680,6681,083,817 Total Expenditures1,003,7611,089,9711,439,990 Estimated Year to Date Fund Balance as of 9/30/2016$5,253,973$5,330,105$4,053,355 Commitments Pipeline Grill$200,000 Fischer's Hardware120,000 Richard Industrial Group10,000 ACT Independent Turbo Service, Inc.361,000 Debt Service Reserve1,083,817 $1,774,817 Adjusted Year to Date Fund Balance$3,555,288 Projection Through Year End Adjusted Year to Date Fund Balance$3,555,288 Plus: Estimated Sales Tax495,267 Less: Estimated Operational Costs361,973 Less: Debt Service Transfers- Projected Year End Fund Balance$4,412,528 Sales tax revenues for Fiscal Year 2016 are estimated to be $2,350,000. Previously Funded Projects (Funding in Fund 015 - General CIP Fund) BudgetExpendituresBalance Façade Grants407,669149,788257,881 Commitment - Lawarance W. Maher Jr. Family Trust17,04617,046 Available Balance407,669166,834240,835 *Debt Service Payments for Library, Bay Area Boulevard & Canada Road and Ballfields. 6 REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA ITEMITEM October 24, 2016October 24, 2016AppropriationAppropriation Agenda Date Requested:Agenda Date Requested: Fund 038Fund 038 Traci LeachTraci LeachSource of Funds:Source of Funds: Requested By:Requested By:    AdministrationAdministrationAccount Number:Account Number: Department: $426,000.00$426,000.00 Report:Resolution:Resolution:Ordinance:Ordinance:Amount Budgeted:Amount Budgeted: $185,000.00$185,000.00 Amount Requested:Amount Requested: Exhibits: Budgeted Item:Budgeted Item:YESYESNONO 1.Notarized StatementNotarized Statement 2.Development Agreement ExcerptDevelopment Agreement Excerpt SUMMARY & RECOMMENDATIONSSUMMARY & RECOMMENDATIONS On 22 September 2014, both the ED Board and City Council approved an economic development incentive On 22 September 2014, both the ED Board and City Council approved an economic development incentive for “ACT Independent Turbo Services, Inc.ACT Independent Turbo Services, Inc.””((ACT) in the amount of ACT) in the amount of $426,000$426,000.. The ED Board approved and The ED Board approved and executed the development agreement for this project on 17 November 2014.executed the development agreement for this project on 17 November 2014. According to the terms of the development agreement, ACT may receive three separate payments of up to According to the terms of the development agreement, ACT may receive three separate payments of up to $75,000, $185,000, and $166,000 over a three year period.$75,000, $185,000, and $166,000 over a three year period. On June 27, 2016, the ED Board approved On June 27, 2016, the ED Board approved Payment Request No. 1 for $75,000.Payment Request No. 1 for $75,000. In order to qualify for the second payment of $185,000, ACT must: In order to qualify for the second payment of $185,000, ACT must: Submit proof of fullSubmit proof of full--time employment for a minimum of seventytime employment for a minimum of seventy--five (75) employees that are permanently five (75) employees that are permanently located at the La Porte site by September 30,located at the La Porte site by September 30, 2016; 2016; Staff reviewed the Staff reviewed the ““Texas Quarterly tax Report,Texas Quarterly tax Report,””which outlines the roster of employees located at the La Porte which outlines the roster of employees located at the La Porte location, as reported to the State of Texas.location, as reported to the State of Texas.location, as reported to the State of Texas.location, as reported to the State of Texas. This report includes eighty (80) full This report includes eighty (80) full This report includes eighty (80) full This report includes eighty (80) full----time employees at the La Porte time employees at the La Porte time employees at the La Porte time employees at the La Porte location. Per the requirements of the Development Agreement, ACT Turbo also provided the 941 Form as Per the requirements of the Development Agreement, ACT Turbo also provided the 941 Form as required to be filed with the IRS each quarter.required to be filed with the IRS each quarter. In the interest of protecting the company In the interest of protecting the company’’s revenues from local s revenues from local competitors the 941 report was not included in the packet, but it was submitted as required.competitors the 941 report was not included in the packet, but it was submitted as required. Staff has evaluated Staff has evaluated the required documentation, finds that the company has satisfied the requirements of the development the required documentation, finds that the company has satisfied the requirements of the development agreement, and recommends execution of payment in the amount of agreement, and recommends execution of payment in the amount of $185,000$185,000 to to ““ACT Independent Turbo ACT Independent Turbo Services, Inc.Services, Inc.””.. Representatives of the company will be available to answer any questions that the Board may have about the Representatives of the company will be available to answer any questions that the Board may have about the project. Action Required by the La Porte Development Corporation:Action Required by the La Porte Development Corporation: Consider approval or other action to authorize staff to execute payment in the amount of Consider approval or other action to authorize staff to execute payment in the amount of $185,000.00 $185,000.00 to to ““ACT ACT Independent Turbo Services, Inc.Independent Turbo Services, Inc.””in accordance with terms of incentive agreement.in accordance with terms of incentive agreement. Approved for the La Porte Development Corporation AgendaApproved for the La Porte Development Corporation Agenda Corby D. Alexander, City ManagerCorby D. Alexander, City ManagerDateDate 7 8 Excluded3contractors,onenewhire, andoneemployeeonmedicalleave 9 10 80employeesthatarecross referencedandverifiedviathe C-9report 11 12 13 14 15 REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA ITEM Budget Agenda Date Requested: October 24 2016 Source of Funds: CIP #015-9892-993 Requested By: Traci Leach Account Number: Department: Administration/Economic Development Amount Budgeted: $222,105.48 Report: Resolution: Ordinance: Amount Requested: $25,000.00 Exhibit: Project Application and Quotes Budgeted Item: YES NO Exhibit: Development Agreement – Signed Exhibit: Project Worksheet SUMMARY & RECOMMENDATION Staff reviewed an Enhancement Grant Application from Patrasia Hefley, new owner of property located at 832 S. Broadway in La Porte, Texas. The applicant collected bids from general contractors to complete several projects to completely rehabilitate the exterior of the building. The proposed project is as follows: a.Replacement of door, fascia boards, windows, and gutters $12,250.00 b.Build decorative wall on top of building $17,420.00 c.Re-asphalt the parking lot $11,800.00 d.Installation of new exterior lighting $ 1,500.00 e.Painting exterior walls $ 1,775.00 f.Remove old eaves and build new eave at $15,915.00 front and side door g.Repair flower terraces $ 1,375.00 h.Sales Tax $ 5,117.89 Total $67,152.89 As a result of the lowest bid for the project, the total expenditure proposed to be made by the applicant is estimated to be $67,152.89. Fifty percent of this sum is $33,576.44. However, in the interest of expediency, the applicant has requested that the reimbursable amount be lowered to $25,000. The development agreement associated with this project is slightly different from previous ones. The property is currently vacant and, as such, there are no jobs currently retained at this location. However, Ms. Hefley desires to complete repairs on the building to lease it to a future tenant, who would bring new jobs to La Porte. The proposed development agreement provides for two separate payments. The first reimbursement (80%) would occur after the proposed improvements have been completed and verified by the Board with receipts and photos.The applicant has 18 months to complete the improvements. The second reimbursement payment (20%) would occur after the applicant provides proof of a lease that is bringing jobs. The applicant has eighteen months to provide documentation of a valid lease. In the Budget block at the top of the page, $221,105.48 represents the amount of uncommitted funds in the enhancement grant account and includes commitment of $7,559.73 for The Gates. 16 The applicant is available to address any questions the Board may have about this proposed project. Action Required by the La Porte Development Corporation: Consider approval or other action to authorize President Richard Warren to sign and execute a development agreement with “Patrasia Hefley” for an enhancement grant for an amount not to exceed $25,000.00 to be awarded at the completion of the project. Approved for the La Porte Development Corporation Agenda Corby D. Alexander, City Manager 17 18 19 20 21 22 23 24 25 BEFOREPHOTOS PROPOSEDIMPROVEMENTS 26 27 28 29 30 31 32 33 .źķķĻƩ {ŷĻĻƷ {ǒƒƒğƩǤ tğƷƩğƭźğ IĻŅƌĻǤ БЌЋ {͵ .ƩƚğķǞğǤ wĻƒƚǝĻ ƚƌķ ĻğǝĻƭ ğƓķ wĻƦƌğĭĻƒĻƓƷ ƚŅ ķƚƚƩ LƓƭƷğƌƌğƷźƚƓ ƚŅ Ĭǒźƌķ ƓĻǞ ĻğǝĻ tƩƚƆĻĭƷ ƚƷğƌ Ņğƭĭźğ ĬƚğƩķƭͲ .ǒźƌķ ķĻĭƚƩğƷźǝĻ Ǟğƌƌ wĻΏğƭƦŷğƌƷ ƷŷĻ ƓĻǞ ĻǣƷĻƩźƚƩ tğźƓƷźƓŭ ğƷ ŅƩƚƓƷ ğƓķ wĻƦğźƩ ŅƌƚǞĻƩ ǞźƓķƚǞƭͲ ğƓķ ŭǒƷƷĻƩƭ ƚƓ ƷƚƦ ƚŅ ĬǒźƌķźƓŭ ƦğƩƉźƓŭ ƌƚƷƌźŭŷƷźƓŭĻǣƷĻƩźƚƩ ǞğƌƌƭƭźķĻ ķƚƚƩ ƷĻƩƩğĭĻƭğǣ IƚƒĻ tƩƚͲ LƓĭ͵υЊЋͲЋЎЉ͵ЉЉυЊАͲЍЋЉ͵ЉЉυЊЊͲБЉЉ͵ЉЉυЊͲЎЉЉ͵ЉЉυЊͲААЎ͵ЉЉυЊЎͲВЊЎ͵ЉЉυЊͲЌАЎ͵ЉЉυЎͲЊЊА͵БВυЏАͲЊЎЋ͵БВ wźƷğĭƚ LƓƷĻƩƓğƷźƚƓğƌ LƓĭ͵υЊАͲЎЉЉ͵ЉЉυЊЎͲЎЉЉ͵ЉЉυЊЋͲЉЉЉ͵ЉЉυЋͲЎЉЉ͵ЉЉυЎͲЉЉЉ͵ЉЉυЊЍͲЉЉЉ͵ЉЉυЊͲЎЉЉ͵ЉЉυЎͲЏЊЉ͵ЉЉυАЌͲЏЊЉ͵ЉЉ \[ğƚƌǒƚ wĻƒƚķĻƌźƓŭ \[\[/ υЏͲБЋА͵ЉЉυБВͲЎБА͵ЉЉ tƩƚƆĻĭƷ ƚƷğƌυЏАͲЊЎЋ͵БВ ЎЉі ƚŅ ƷŷĻ tƩƚƆĻĭƷ ƚƷğƌ υЌЌͲЎАЏ͵ЍЍ \[t5/γƭ /ƚƓƷƩźĬǒƷźƚƓʹ υЋЎͲЉЉЉ͵ЉЉ 34 REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA ITEMITEM October 24, 2016October 24, 2016AppropriationAppropriation Agenda Date Requested:Agenda Date Requested: Fund 038Fund 038 Traci LeachTraci LeachSource of Funds:Source of Funds: Requested By:Requested By:    AdministrationAdministrationAccount Number:Account Number: Department: $600,200$600,200 Report:Resolution:Resolution:Ordinance:Ordinance:Amount Budgeted:Amount Budgeted:    Amount Requested:Amount Requested: Exhibits: Budgeted Item:Budgeted Item:YESYESNONO 1.Draft Public Hearing NoticeDraft Public Hearing Notice SUMMARY & RECOMMENDATIONSSUMMARY & RECOMMENDATIONS On September 26, 2016, the City Council approved the proposed budget for FY 2017, which began on October 1, On September 26, 2016, the City Council approved the proposed budget for FY 2017, which began on October 1, 2016.  As part of the approved budget, the budget for the Development Corporation Board now includes funding 2016.  As part of the approved budget, the budget for the Development Corporation Board now includes funding for three projects.  These projects are as follows:for three projects.  These projects are as follows: Decorative fencing at Wharton Weems at the Golf Course:  This project has a scope that includes the Decorative fencing at Wharton Weems at the Golf Course:  This project has a scope that includes the installation of masonry pillars with decorative wrought iron fencing, plus removal of existing vegetation and installation of masonry pillars with decorative wrought iron fencing, plus removal of existing vegetation and fencing.  Masonry pillars would be placed every 50 feet and the project limits would include approximately fencing.  Masonry pillars would be placed every 50 feet and the project limits would include approximately 970 linear feet of fence/pillar on each side of Wharton Weems (north and south).  The estimated budget for 970 linear feet of fence/pillar on each side of Wharton Weems (north and south).  The estimated budget for this project is $250,000.   this project is $250,000.    Beautification along Spencer Highway:  This project has a scope that includes installation of single wythe Beautification along Spencer Highway:  This project has a scope that includes installation of single wythe masonry fencing along Spencer Highway from Farrington to Myrtle Creek. This fence is an engineered masonry fencing along Spencer Highway from Farrington to Myrtle Creek. This fence is an engineered beam that sits on a continuous foundation and is usually a split faced block (with a pattern) that is reinforced beam that sits on a continuous foundation and is usually a split faced block (with a pattern) that is reinforced with rebar and concrete placed in the with rebar and concrete placed in the ““hollowhollow””areas of the block. The total estimated cost for this project areas of the block. The total estimated cost for this project is $680,400.  However, Council indicated that the project be funded over two fiscal years with construction is $680,400.  However, Council indicated that the project be funded over two fiscal years with construction is $680,400.  However, Council indicated that the project be funded over two fiscal years with construction is $680,400.  However, Council indicated that the project be funded over two fiscal years with construction to occur in FY18.  For the purposes of the FY17 budget, a total of $340,200 is included in the EDC budget.to occur in FY18.  For the purposes of the FY17 budget, a total of $340,200 is included in the EDC budget. Community Cooperation Projects:  This project has been funded in the general Fund CIP for several years.  Community Cooperation Projects:  This project has been funded in the general Fund CIP for several years.  However, each year there has been a waiting list for community groups that would like to take part in the However, each year there has been a waiting list for community groups that would like to take part in the program.  Typically, thereprogram.  Typically, there’’s been at least one project each year that falls within a City park.  The funding s been at least one project each year that falls within a City park.  The funding included in the EDC budget for the FY17 budget would fund only those projects that fall into this category.  included in the EDC budget for the FY17 budget would fund only those projects that fall into this category.  The total budget is $10,000, which would provide for two community cooperation projects. The total budget is $10,000, which would provide for two community cooperation projects.  The budget for the Board can comfortably accommodate funding these projects.  The EDC budget, as originally The budget for the Board can comfortably accommodate funding these projects.  The EDC budget, as originally approved by the Board, indicated that there would be over $5 million in fund balance at the end of FY 17.  approved by the Board, indicated that there would be over $5 million in fund balance at the end of FY 17.   At this time, staff is requesting Board approval to declare these three initiatives a At this time, staff is requesting Board approval to declare these three initiatives a ““projectsprojects””of the Development of the Development Corporation Board and allow staff to post a public hearing notice for January 9, 2017.  The sixty day petition Corporation Board and allow staff to post a public hearing notice for January 9, 2017.  The sixty day petition period ends on December 23, 2016, but the first available Board meeting date would fall in the new calendar period ends on December 23, 2016, but the first available Board meeting date would fall in the new calendar year.   Action Required by the La Porte Development Corporation:Action Required by the La Porte Development Corporation: Consider approval or other action to declare Consider approval or other action to declare Decorative fencing at Wharton Weems at the Golf CourseDecorative fencing at Wharton Weems at the Golf Course, , Beautification along Spencer Highway, and Beautification along Spencer Highway, and Community Cooperation Projects as projects of the Corporation andCommunity Cooperation Projects as projects of the Corporation and authorize staff to publish a public hearing notice for January 9, 2017.authorize staff to publish a public hearing notice for January 9, 2017. 35 Approved for the La Porte Development Corporation AgendaApproved for the La Porte Development Corporation Agenda Corby D. Alexander, City ManagerCorby D. Alexander, City ManagerDateDate 36 NOTICE OF PUBLICHEARING LA PORTE DEVELOPMENT CORPORATION BOARD (TYPE B) Notice is hereby given that the La Porte Development Corporation Board (Type B Board) of the City of LaPorte, Texas will conduct a public hearing at 5:00 p.m.on the 9thday of January 2017,in the Council Chambers at City Hall, 604 WestFairmont Parkway, La Porte, Texas.The purpose of the public hearing is to receive public input on proposed expenditures by the La Porte Development Corporation funds to pay for three separate projects: 1) $250,000.00 to fund the installation of decorative fencing along Wharton Weems Boulevard at the Golf Course; 2) $340,200.00 to fund the first half of the project cost for beautification along Spencer Highway from Farrington to Myrtle Creek; and 3) $10,000.00 to fund the 2016-17 Community Cooperation Projects Program. Persons wishing to addressthe Board pro or con shallbe required to sign in before the meeting is convened. CITY OF LA PORTE Patrice Fogarty, TRMC City Secretary 37 REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA ITEM Budget Agenda Date Requested: October 24 2016 Source of Funds: CIP #015-9892-993 Requested By: Traci Leach Account Number: Department: Administration/Economic Development Amount Budgeted: $221,105.48 Report: Resolution: Ordinance: Amount Requested: $2,950.00 Exhibit: Project Application Budgeted Item: YES NO Exhibit: Project Quotes Exhibit: Development Agreement – Signed Exhibit: Project Worksheet SUMMARY & RECOMMENDATION Staff reviewed an Enhancement Grant Application from Deborah S. Bernay, O.D., dba of La Porte Vision Center at 401 W. Fairmont Parkway in La Porte, Texas. The applicant collected bids to complete one project. For each project for a value equal to or greater than $2,000, the applicant collected three bids. The proposed project is as follows: 1) Install new outdoor signage to building -- $5,900.00 TOTAL $5,900.00 As a result of the lowest bids for each project, the total expenditure proposed to be made by the applicant is estimated to be $5,900.00. Fifty percent of this sum is $2,950. Please refer to the “Bid Sheet Summary” for project bid details. In the Budget block at the top of the page, $221,105.48 represents the amount of uncommitted funds in the enhancement grant account and includes commitments of $7,559.73 for The Gates. The applicant is available to address any questions the Board may have about this proposed project. Action Required by the La Porte Development Corporation: Consider approval or other action to authorize President Richard Warren to sign and execute a development agreement with “Deborah S. Bernay, O.D.” (dba La Porte Vision Center) for an enhancement grant for an amount not to exceed $2,950.00 to be awarded at the completion of the project. 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