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Home My WebLink About09-18-23 La Porte Redevelopment Authority/TIRZ Packet Agendas and Agenda Materials Meetings of the Boards of Directors La Porte Redevelopment Authority La Porte Tax Increment Reinvestment Zone September 18, 2023 *Persons with disabilities who plan to attend this meeting and would like to request auxiliary aids or services are requested to contact the Authority’s Executive Director at (713) 595-1200 at least three business days prior to the meeting so that the appropriate arrangements can be made. Pursuant to V.T.C.A Government Code, Chapter 551, as amended, the Board of Directors may convene in closed session to receive advice from legal counsel and discuss matters relating to pending or contemplated litigation, p ersonnel matters, gifts and donations, real estate transactions, the deployment, or specific occasions for the implementation of, security personnel or devices and or economic development negotiations. NOTICE OF JOINT MEETING OF LA PORTE REDEVELOPMENT AUTHORITY AND THE LA PORTE TAX INCREMENT REINVESTMENT ZONE NOTICE is hereby given of the joint meeting of the La Porte Redevelopment Authority and La Porte Tax Increment Reinvestment Zone to be held Monday, September 18, 2023, at 6:30 p.m. in the City Council Chambers at City Hall, 604 West Fairmont Parkway, La Porte, Texas, open to the public, to consider, discuss, and adopt such orders, resolutions or motions, and take direct actions as may be necessary, convenient, or desirable, with respect to the following matters: AGENDA 1. Determine Quorum; and Call to Order. 2. Approve minutes of the joint La Porte Redevelopment Authority and La Porte Tax Increment Reinvestment Zone meeting held on June 13, 2023. 3. Receive update from Gauge Engineering on M Street. 4. Consider approval or other action regarding authority invoices, including approval of developer disbursements for tax year 2022. 5. Receive and consider FY2024 Budget. 6. Receive updates from the city, developers, and staff about development within the Zone. 7. Board member comments. a. Matters appearing on agenda; and b. Inquiry of staff regarding specific factual information or existing policy 8. Convene in Executive Session pursuant to Section 551.071, Texas Government Code, to conduct a private consultation with attorney regarding pending or contemplated litigation. 9. Reconvene in Open Session and authorize appropriate actions regarding private consultation with attorney. 10. Adjournment. In compliance with the American Disabilities Act, the City of La Porte City will provide for reasonable accommodations for pe rsons attending public meetings. To better serve attendees, requests should be received 24 hours prior to the meetings. Please cont act the City Secretary, at 281-470-5019 or TDD 281-471-5030. A possible quorum of City Council members may be present at this meeting and participate in discussions but will take no action. ______________________________ David W. Hawes, Executive Director LA PORTE REDEVELOPMENT AUTHORITY, CITY OF LA PORTE, TEXAS AGENDA MEMORANDUM TO: La Porte Redevelopment Authority Board of Directors FROM: Executive Director SUBJECT: Agenda Item Materials LA PORTE REDEVELOPMENT AUTHORITY c/o Hawes Hill & Associates LLP P.O. Box 22167 Houston TX 77227-2167 713-595-1200 or FAX 281-888-6314 2. Approve minutes of the joint La Porte Redevelopment Authority and La Porte Tax Increment Reinvestment Zone meeting held on June 13, 2023. MINUTES OF THE JOINT MEETING OF THE LA PORTE REDEVELOPMENT AUTHORITY and LA PORTE TAX INCREMENT REINVESTMENT ZONE BOARD OF DIRECTORS June 13, 2023 DETERMINE QUORUM; CALL TO ORDER. The Board of Directors of the La Porte Redevelopment Authority, City of La Porte, Texas, and La Porte Tax Increment Reinvestment Zone, held a regular joint meeting, open to the public, on Tuesday, June 13, 2023, at 6:30 p.m., in the Council Chambers of City Hall, 604 West Fairmont Parkway, La Porte, Texas, and the roll was called of the duly appointed members of the Board, to-wit: Peggy Antone, Secretary Position 1 Mark Goodwin, Vice-Chairman Position 6 Barry Beasley Position 2 Rick Helton Position 7 Alton Porter Position 3 David Janda, Chairman Position 8 Kent Remmel Position 4 Kristen Lee, Asst. Secretary Position 9 Nicole Havard Position 5 and all of the above were present, with the exception of Directors Beasley, Havard, Janda and Lee, thus constituting a quorum. Also present were David Hawes, and Linda Clayton, Hawes Hill & Associates, LLP; Corby Alexander, Matt Daeumer, and Haley Bower, City of La Porte; and Muhammad Ali, Gauge Engineering. Vice-Chairman Goodwin called the meeting to order at 6:34 p.m. APPROVE MINUTES OF THE JOINT LA PORTE REDEVELOPMENT AUTHORITY AND LA PORTE TAX INCREMENT REINVESTMENT ZONE MEETING HELD ON JANUARY 25, 2023. Upon a motion made by Director Helton, and seconded by Director Antone, the Board voted unanimously to approve the Minutes of the January 25, 2023, Board meeting, as presented. CONSIDER APPROVAL OR OTHER ACTION REGARDING AUTHORITY INVOICES. Mr. Hawes presented the Bookkeeper’s Report and reviewed the invoices submitted for payment, included in the Board materials. Upon a motion made by Director Antone, and seconded by Director Porter, the Board voted unanimously to approve payment of invoices, as presented. RECEIVE UPDATE FROM GAUGE ENGINEERING ON M STREET: Mr. Ali reported the drainage analysis and report has been completed. He reported 90% plans were submitted to the City for approval and once Gauge receives comments and addresses the project will be ready to advertise for bids. He reported he is estimating a cost of $2.3 million for the project, which is an approximate $875,000 savings. He anticipates the project will be ready to award in September or October. a. Authorize Gauge Engineering to advertise M Street project for bids. Upon a motion made by Director Remmel, and seconded by Director Helton, the Board voted unanimously to authorize Gauge Engineering to advertise M Street project for bids, once the City has signed off on the 100% plan set. CONDUCT TIRZ WORKSHOP AND WORKSHOP ON BOARD ROLES AND RESPONSIBILITIES. Mr. Hawes provided information on the history of the Tax Increment Reinvestment Zone, including the ISD participation and County participation agreement. He provided an overview of the purpose of the Redevelopment Authority and answered questions. He reported there is a Tri-Party Agreement between the City, TIRZ and Redevelopment Authority. He reported the Redevelopment 2 | P a g e Authority acts on behalf of the City and TIRZ to implement the Project and Finance Plan. He stated there have been subsequent boundary expansions/annexations from the original boundary creation in 1999 to include projects. He reported the life of the Zone ends in 2034. He reported an approximately $17 million fund balance, less approximately $2.3 million for the M Street project. He answered questions and stated when the life of the Zone ends, any remaining funds from the City will return to the City, funds from the ISD will be returned to the ISD and funds from the County will return to the County. No action from the Board was required. DISCUSS BOUNDARY EXPANSION AND AUTHORIZE FOURTH AMENDED PROJECT PLAN AND REINVESTMENT ZONE FINANCING PLAN. Mr. Alexander reported at the last Board meeting the Board considered boundary expansion to include the new City Hall project. He reported City Council has asked him to request this Board to reconsider its decision to expand the boundaries to include the new City Hall. Mr. Hawes suggested appointing a 3-person Committee to sit down with the City to discuss. Mr. Alexander reported the City is requesting $7 million from the TIRZ for the project. Director Porter stated the City needs to ask for a bond issuance by vote of the voters. Vice-Chairman called for a motion for the boundary expansion consideration. No motion was made, and no action was taken by the Board. RECEIVE UPDATES FROM THE CITY, DEVELOPERS, AND STAFF ABOUT DEVELOPMENT WITHIN THE ZONE. None. BOARD MEMBER COMMENTS. a. Matters appearing on Agenda; and b. Inquiry of staff regarding specific factual information or existing policy. Director Remmel provided comments regarding the purpose of the TIRZ and recommended creating a Committee to discuss and explore areas to accomplish the purpose of the TIRZ. CONVENE IN EXECUTIVE SESSION PURSUANT TO SECTION 551.071, TEXAS GOVERNMENT CODE, TO CONDUCT A PRIVATE CONSULTATION WITH ATTORNEY. RECONVENE IN OPEN SESSION AND AUTHORIZE APPROPRIATE ACTIONS REGARDING PRIVATE CONSULTATION WITH ATTORNEY. An Executive Session was not called. ADJOURNMENT. There being no further business to come before the Board, Vice-Chairman Goodwin adjourned the meeting at 7:42 p.m. ________________________________________________ Secretary LA PORTE REDEVELOPMENT AUTHORITY, CITY OF LA PORTE, TEXAS AGENDA MEMORANDUM TO: La Porte Redevelopment Authority Board of Directors FROM: Executive Director SUBJECT: Agenda Item Materials LA PORTE REDEVELOPMENT AUTHORITY c/o Hawes Hill & Associates LLP P.O. Box 22167 Houston TX 77227-2167 713-595-1200 or FAX 281-888-6314 3. Receive update from Gauge Engineering on M Street. PROGRESS REPORT SEPTEMBER 2023 LA PORTE TIRZ 1 11750 Katy Freeway, Suite 400 Houston, TX 77079 TASK ORDER #2: M STREET DRAINAGE ANALYSIS AND DESIGN Activities This Period: • Received and implemented City of La Porte comments on plan set. • CNP Electric coordination • Conducted multiple meetings with City of La Porte staff to discuss comments, resolutions, and bidding documents. • In the process of developing the project manual. • Advancing final PS&E o Submit final plans to City for approval - 9/21 o First advertisement – 9/29 o Second advertisement – 10/6 o Pre-Bid Meeting – 10/12 o Bid Opening – 10/19 LA PORTE REDEVELOPMENT AUTHORITY, CITY OF LA PORTE, TEXAS AGENDA MEMORANDUM TO: La Porte Redevelopment Authority Board of Directors FROM: Executive Director SUBJECT: Agenda Item Materials LA PORTE REDEVELOPMENT AUTHORITY c/o Hawes Hill & Associates LLP P.O. Box 22167 Houston TX 77227-2167 713-595-1200 or FAX 281-888-6314 4. Consider approval or other action regarding authority invoices, including approval of developer disbursements for tax year 2022. Development Agreement Balance 9/30/22Audit City PaymentsCounty PaymentsISD Payments Total PaymentsBalance Due To Developers65 La Porte (Lakes of Fairmont Greens) 7,103,500.00$ 2,473,047.00$ 149,184.06$ 156,621.82$ 305,805.87$ 2,167,241.13$ Retreat at Bay Forest LP 224,670.00$ -$ -$ -$ -$ Beazer Homes Texas LP 2,097,298.00$ 1,253,864.00$ 129,056.05$ 129,056.05$ 1,124,807.95$ Senior Associates 455,869.00$ 9,781.53$ 9,781.53$ 446,087.47$ Liberty Property Limited Partnership 14,844,135.00$ -$ -$ -$ -$ Jabez La Porte (Artesia Village) 1,952,754.00$ 1,739,382.00$ 80,724.56$ 92,776.23$ 173,500.79$ 1,565,881.21$ -$ Hawthorne At La Porte (2) 2,019,908.00$ 1,807,311.00$ 260,927.12$ 316,052.56$ 576,979.68$ 1,230,331.32$ Stonemarc (Approved January 2022) 1,456,000.00$ (1)-$ Sylvan Beach Enclave (Approved Nov 2022 681,903.99$ (1)Reserve-$ TOTAL 24,269,603.00$ 7,729,473.00$ 629,673.31$ -$ 565,450.61$ 1,195,123.92$ 6,534,349.08$ (1) No AUPLA PORTE DEVELOPER REIMBURSEMENTS - TAX YEAR 2022 VALUES9/30/2023 LA PORTE REDEVELOPMENT AUTHORITY, CITY OF LA PORTE, TEXAS AGENDA MEMORANDUM TO: La Porte Redevelopment Authority Board of Directors FROM: Executive Director SUBJECT: Agenda Item Materials LA PORTE REDEVELOPMENT AUTHORITY c/o Hawes Hill & Associates LLP P.O. Box 22167 Houston TX 77227-2167 713-595-1200 or FAX 281-888-6314 5. Receive and consider FY2024 Budget. 2022-23 Approved Budget 2022-23 Estimated 2023-24 Proposed Budget Revenues: Beginning Fund Balance 14,646,747$ 14,965,548$ 20,070,198$ Estimated TIRZ Revenues City 2,244,847$ 2,373,661$ 2,444,871$ County 1,028,862$ 1,055,899$ 1,087,576$ LPISD 4,485,838$ 4,723,689$ 4,865,399$ Interest on TIRZ Funds 1,000$ 10,000$ 10,000$ Total Revenues 22,407,294$ 23,128,797$ 28,478,045$ TIRZ M&O Expenses: Administration and Project Management 24,000$ 24,000$ 24,000$ Legal 7,500$ 14,000$ 14,000$ Agreed Upon Procedures Reports 10,500$ -$ 11,000$ Annual Audit 9,500$ 11,000$ 11,500$ Operating Expenses 1,500$ 3,000$ 3,000$ Bank Expenses 70$ 2,190$ 2,200$ Planning Services 15,000$ 15,000$ Total Expenses 68,070$ 54,190$ 80,700$ Transfers City Administration 112,242$ 118,683$ 122,244$ Educational Facilities 1,415,538$ 1,490,603$ 1,535,321$ Total Transfers 1,527,781$ 1,609,286$ 1,657,565$ Capital Improvements M Street 3,100,000$ 200,000$ 3,000,000$ TIRZ Developer Reimbursements Lakes of Fairmont Greens 297,308$ 305,806$ 314,980$ Beazer Homes 118,279$ 129,056$ 132,928$ Senior Associates 10,075$ 9,781$ 10,075$ Jabez (Artesia)47,073$ 173,501$ 178,706$ Hawthorne 163,870$ 576,980$ 594,289$ 3,736,605$ 1,395,123$ 4,230,977$ Ending Fund Balance 17,074,838$ 20,070,198$ 22,508,803$ Tax Increment Reinvestment Zone Number One City of La Porte FY 2023 - 24 Proposed Budget La Porte Redevelopment Authority LA PORTE REDEVELOPMENT AUTHORITY, CITY OF LA PORTE, TEXAS AGENDA MEMORANDUM TO: La Porte Redevelopment Authority Board of Directors FROM: Executive Director SUBJECT: Agenda Item Materials LA PORTE REDEVELOPMENT AUTHORITY c/o Hawes Hill & Associates LLP P.O. Box 22167 Houston TX 77227-2167 713-595-1200 or FAX 281-888-6314 6. Receive updates from the city, developers, and staff about development within the Zone. LA PORTE REDEVELOPMENT AUTHORITY, CITY OF LA PORTE, TEXAS AGENDA MEMORANDUM TO: La Porte Redevelopment Authority Board of Directors FROM: Executive Director SUBJECT: Agenda Item Materials LA PORTE REDEVELOPMENT AUTHORITY c/o Hawes Hill & Associates LLP P.O. Box 22167 Houston TX 77227-2167 713-595-1200 or FAX 281-888-6314 7. Board member comments. a. Matters appearing on agenda; and b. Inquiry of staff regarding specific factual information or existing policy LA PORTE REDEVELOPMENT AUTHORITY, CITY OF LA PORTE, TEXAS AGENDA MEMORANDUM TO: La Porte Redevelopment Authority Board of Directors FROM: Executive Director SUBJECT: Agenda Item Materials LA PORTE REDEVELOPMENT AUTHORITY c/o Hawes Hill & Associates LLP P.O. Box 22167 Houston TX 77227-2167 713-595-1200 or FAX 281-888-6314 8. Convene in Executive Session pursuant to Section 551.071, Texas Government Code, to conduct a private consultation with attorney regarding pending or contemplated litigation. 9. Reconvene in Open Session and authorize appropriate actions regarding private consultation with attorney.