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HomeMy WebLinkAbout03-26-18 Regular Meeting of the La Porte Development Corporation Board RICHARD WARREN, PRESIDENT DANNY EARP, BOARD MEMBER NANCY OJEDA, VICE-PRESIDENT DOYLE BLACK, BOARD MEMBER CHUCK ENGELKEN, BOARD MEMBER SHELLEY FULLER, BOARD MEMBER VENESSA GUERRERO, BOARD MEMBER MINUTES OF LA PORTE DEVELOPMENT CORPORATION BOARD MEETING OF FEBRUARY 12, 2018 The City of La Porte Development Corporation Board met on February 12, 2018, 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. Other members of the La Porte Development Corporation Board present: Board members Fuller, Guerrero, Earp, and Ojeda. Absent: Board members Engelken and Black. Staff Present: Corby Alexander, Jason Weeks, Patrice Fogarty, Michael Dolby, Ryan Cramer and Clark Askins. 2. AUTHORIZATIONS (a) Consider approval or other action regarding minutes of the December 11, 2017, meeting of the La Porte Development Corporation Board P. Fogarty Board member Fuller moved to approve minutes of the December 11, 2017, meeting of the La Porte Development Corporation Board. Board member Earp seconded the motion. MOTION PASSED UNANIMOUSLY 5/0. Board members Engelken and Black were absent. (b) Consider approval or other action authorizing La Porte Development Corporation Staff to execute payment in the amount of $100,000 to Gainstein Esquire, LLC, in accordance with the terms of incentive agreement for the development agreement at 10003 Spencer Highway R. Cramer Board member Ojeda moved to authorize Staff to execute payment in the amount of $100,000 to Ganstein Esquire, LLC, for completed hiring and sales goals for the restaurant at 100003 Spencer Hwy., in accordance with terms of the incentive agreement. Board member Earp seconded the motion. MOTION PASSED UNANIMOUSLY 5/0. Board members Engelken and Black were absent. 3. SET DATE FOR NEXT MEETING Board members did not set a date for the next meeting. 4. 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. Page 1 of 2 February 12, 2018, La Porte Development Corporation Board Minutes There were no comments. 5. ADJOURN There being no further business, Board member Ojeda moved to adjourn the meeting at 5:19 p.m. Board member Fuller seconded the motion. MOTION PASSED UNANIMOUSLY 5/0. Board members Engelken and Black were absent. Respectfully submitted, ____________________________________ Patrice Fogarty, City Secretary Passed and approved on this the ___ day of __________________, 2018. ____________________________________ President Richard Warren Page 2 of 2 February 12, 2018, La Porte Development Corporation Board Minutes LA PORTE DEVELOPMENT CORPORATION AGENDA ITEM Appropriation Agenda Date Requested: March 26, 2018 Source of Funds: 4B Requested By: Ryan Cramer Account Number: 6030-565.90-50 Department: Economic Development Amount Budgeted: $250,000 Report: Resolution: Ordinance: Amount Requested: $5,000 Exhibits: Incentive Agreement Exhibits: Lease, Notarized Letter, and Zoning Permit Budgeted Item: YES NO SUMMARY & RECOMMENDATION th The City entered into an incentive agreement with Patrasia Helfey on October 24, 2016 to incentivize the rehabilitation of the building located at 832 S. Broadway for a total of $25,000. This agreement contained two performance benchmarks to receive payments of $20,000 and $5,000. The first benchmark was seen and approved by the LPDC at the November 13, 2017 meeting and this is the request for the second benchmark. The second payment was contingent on the LPDC receiving 1.) A signed lease agreement within 18 months of completion of the project, and 2.) Said lessor having an employment roster of at least one full time and one part time employee. Based on the notarized letter and confirmation by a zoning permit, staff believes both benchmarks have been met. Action Required by LPDC: Consider approval or other action of payment to Patrasia Helfey in the amount of $5,000. Approved for LPDC Agenda Corby Alexander, City Manager Date REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA ITEM Budget Agenda Date Requested: March 26, 2018 Source of Funds: Requested By: Ryan Cramer Account Number: Department: Administration Amount Budgeted: Report: Resolution: Ordinance: Amount Requested: Exhibit: Budgeted Item: YES NO Exhibit: SUMMARY & RECOMMENDATION As potential relocating or expanding businesses contact the Economic Development office at the City of La Porte, the topic of development incentives is generally discussed. While working in the Planning Department, staff took a fairly strict role as gatekeepers of these type of discussions, thereby allowing staff the autonomy of making decisions related to incentives in lieu of bringing all these discussion directly to the board. Staff is requesting guidance from the Board as to how to they wish for staff to proceed with these procedures. Do you wish for staff to continue to follow the current procedures or prefer for staff bring the incentive applications forward to the Board for discussions and action? Action Required by the La Porte Development Corporation: Provide staff with guidance regarding review of applications for incentives before taking them to the Board. Approved for the La Porte Development Corporation Agenda Corby D. Alexander, City Manager 1