Loading...
HomeMy WebLinkAbout07-18-07 LPRDA/TIRZAgendas and Agenda Materials l\/Meetinias of the Boards of Directors La Porte Redevelopment Authority La Porte Tax Increment Reinvestment Zone July 18, 2007 E LA PORTE REDEVELOPMENT AUTHORITY STATE OF TEXAS }{ COUNTY OF HARRIS )( CITY OF LA PORTE }( NOTICE IS HEREBY GIVEN OF THE MEETING OF THE LA PORTE REDEVELOPMENT AUTHORITY TO HE HELD ON DULY 185 2007 AT 6.30 P.M. IN THE COUNCIL CHAMBERS OF THE CITY HALL, 604 WEST FAIRMONT PARKWAY, LA PORTE, TEXAS, REGARDING THE ITEMS OF BUSINESS ACCORDING TO THE AGENDA LISTED BELOW: 1. Call to order — Lindsey Pfeiffer, President 2. Consider approval of the minutes of the May 24, 2007 Board of Directors meeting 3. Consider approval or other action with regard to Pay Request Number Four in the amount of $23,765.63 for the Lakes of Fairmont Greens TIRZ project related to off site improvements known as the South La Porte Trunk Sewer Project 4. Consider approval or other action with regard to Additional Pay Requests for the Lakes of Fairmont Greens TIRZ project related to off site improvements known as the South La Porte Trunk Sewer Project 5. Consider Development Agreement by and between the La Porte Redevelopment Authority, La Porte TIRZ Number One, City of La Porte, and Retreat at Bay Forest LP 6. Receive Presentation from Developer Requesting Reimbursement for a Hotel Development within the Western Portion of the Zone 7. Consider approval or other action with regard to authority invoices 8. Staff report and updates 3. Board member comments J.O. Adjournment THIS FACILITY HAS DISABILITY ACCOMMODATIONS AVAILABLE. REQUESTS FOR ACCOMMODATIONS OR INTERPRETIVE SERVICES AT MEETINGS SHOULD BE MADE 48 HOURS PRIOR TO THIS MEETING. PLEASE CONTACT THE CITY SECRETARY'S OFFICE AT 281-471-5020 OR TDD LINE 281-471-5030 FOR FURTHER INFORMATION. A POSSIBLE QUORUM OF CITY COUNCIL MEMBERS MAY BE PRESENT AT THIS MEETING AND PARTICIPATE IN DISCUSSIONS BUT WILL NOT TAKE ANY ACTION. David W. Hawes Executive Director Date Posted LA PORTE R) DF,vEwpNi)vNT AUTHORITY, CITY OF IA PORTE, TEXAS AGENDA MEMORANDUM TO: La Porte Redevelopment Authority Board of Directors FROM: Executive Director DATE, July 11, 2007 SUBJECT: Agenda Item Materials 2_ Consider approval of the minutes of the May 24, 2007 Board of Directors meeting LA PoRTE REDEVELOPWI Ni' AuwoRrry c/o Hawes Hill Calderon LLP P.O. Box 22167 Houston TX 77221-2167 713-541-0447 or FAX 713-541-9906 La Porte Redevelopment Authority, City of LaPorte, Texas Minutes of the Board Meeting Held May 24, 2007 1. CALL TO ORDER AND DETERMINATION OF A QUORUM The Board of Directors of the La Porte Redevelopment Authority, City of La Porte, Texas, held a meeting, open to the public, on the 2e day of May 2007, and meeting was called to order at 6:38 p.m. in the La Porte Recreation and Fitness Center, 1322 South Broadway, La Porte, Texas 7751 and the roll was called of the duly appointed members of the Board, to wit: Peggy Antone Position 1 Dave Tumquist Position 2 Alton Porter Position 3 Horace Leopard Position 4 Doug Martin Position 5 JJ Meza Position 6 Michael Say Position 7 Chester Pool Position 8 Lin Pfeiffer Position. 9 Chairman and all of the above were present except Director Antone, and Director Meza, thus constituting a quorum. Also present at the meeting were John Joerm, David Hawes, Gretchen Black, Norman Reed, and Russell Plank. 2. CONSIDER APPROVAL OF THE MINUTES OF THE FEBRUARY 28, 2007 BOARD OF DIRECTORS MEETING Upon a motion duly made by Director Say and being seconded by Director Porter, the board unanimously approved the minutes of February 28, 2007 3. CONSIDER APPROVAL OR OTHER ACTION REGARDING THE PUBLIC FUNDS DEPOSITOR COLLATERAL SECURITY AGREEMENT WITH AMEGY NATIONAL BANK ASSOCIATION Mr. Hawes gave the board an overview regarding the need for Public Funds Depositor Collateral Security Agreement. Upon a motion duly made by Director Martin and being seconded by Director Pool, the board unanimously approved the Public Funds Depositor Collateral Security Agreement. 4. CONSIDER APPROVAL OR OTHER ACTION REGARDING A PROPOSAL BY HAWES HILL CALDERON LLP TO PROVIDE PROFESSIONAL SERVICES RELATED TO THE ADMINISTRATION OF THE LA PORTE REDEVELOPMENT AUTHORITY AND TAX INCREMENT REINVERSTNIENT ZONE Mr. Joerns and Mr. Hawes gave an overview of the Agreement. Upon a motion duly made by Director Say and being seconded by Director Leopard, the board unanimously approved the agreement. 5. CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO PAY REQUESTS ON BEHALF OF THE PORT CROSSING TIRZ PROJECT. • ' PAY REQUEST NUMBER ONE IN THE AMOUNT OF $6,090,116.79 • PAY REQUEST NUMBER TWO IN THE AMOUNT OF $2,892,333.90 Mr. Joerns and Mr. Hawes gave an overview of the pay requests. Upon a motion duly made by Director Porter and being seconded by Director Turnquist, the board unanimously approved the pay requests. 6. CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO CHANGE ORDER NO. I IN THE AMOUNT OF $334,707.40 TO THE ANGEL BROTHERS CONTRACT IN PORT CROSSING COMMERCE CENTER. THE CHANGE ORDER INCLUDES UPGRADES TO THE LIFT STATION, ADDING'' HEADWALLS IN LIEU OF RIP RAP, STORM SEWER PIPE ADJUSTMENTS, AND THE EXTENSION OF' THE 12-INCH WATER MAIN Mr. Joerns and Mr. Hawes gave an overview of the change order. Upon a motion duly made by Director Leopard and being seconded by Director Martin, the board unanimously approved the change order. 7. CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO EXHIBIT B TO TIRZ DEVELOPMENT' AGREEMENT VaTH PORT CROSSING AND AMEND DEVELOPMENT AGREEMENT TO REFLECT CHANGES Mx. Joerns and Mr. Hawes gave an overview of the amendment to the Development Agreement. Upon a motion duly made by Director Say and being seconded by Director Pool, the board unanimously approved the amendment to the Development Agreement. 8. CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO PAY REQUESTS FOR THE LAKES OF FAIRMONT GREENS T1RZ PROJECT RELATED TO OFF SITE IMPROVEMENTS KNOWN AS THE SOUTH LA PORTE TRUNK SEWER PROJECT 0 PAY REQUEST NUMBER ONE • PAY REQUEST NUMBER TWO • PAY REQUEST NUMBER THREE ENGINEERING AND PROFESSIONAL COSTS Mr. Joerns and Mr. Hawes gave an overview of the pay requests. Y Upon a motion duly :made b y Director Pool and P being seconded by Director Turnquist, the board unanimously approved the pay requests. 9. CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO AN AGREEMENT BY AND BETWEEN THE CITY OF LA PORTE, TEXAS AND THE LA PORTE REDEVELOPMENT AUTHORITY FOR THE MANAGEMENT OF THE LA PORTE PUBLIC IMPROVEMENT DISTRICT NUMBER ONE- Mr- Joems and Mr. Hawes gave an overview of the Agreement. Upon a motion duly made by Director Martin and being seconded by Director Leopard, the board unanimously approved the agreement. 10. CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO AUTHORITY INVOICES Mr. Hawes gave an overview of the invoices. Upon a motion duly made by Director Say and being seconded by Director Martin, the board unanimously approved the agreement 11. STAFF REPORT AND UPDATES Mr_ Joerns introduced Gretchen Black the new Economic Development Manager. Mr. Joerns also spoke to the board with regard to the need for signalization at Wharton Weems and State Highway 146. It was recommended that the board meet the fourth Wednesday of each month. Ci�'� 1 1: iM 1 1 .► There were no board comments 13. ADJOURNMENT Upon a motion duly made by Director Pool and being seconded by Director Leopard, the board unanimously approved the motion to adjourn at 7:24 PM. SIGNED: ATTEST: TITLE: TITLE: DATE: DATE: LA PORTF, REl7EVELOPMEiT AUTHORITY, CITY OF LA PORTE, TEXAS AGENDA MEMORANDUM TO: La Porte Redevelopment Authority Board of Directors FROM: Executive Director DATE: July 11, 2007 SUBJECT: Agenda Item Materials 3. Consider approval or other action with regard to Pay Request Number Four in the amount of $23,765.63 for the Lakes of Fairmont Greens TIRZ project related to off site improvements known as the South La Porte Trauk Sewer Project. LA FORTE REAEVELOPMENTAnTHOJUTY c/o Hawes Hill Calderon LLP P.O. Box 22167 Houston TX 77227 2167 713-541-0447 or FAX 713-541-9906 Lakes of Fairmont Greens La Porte, TOXAS Section 1 Invoices For UEIA Off -Site Improvements 27-Jun-07 Bsnefrt A1lncation ToW Previously Reknbursed Amount to be Reimbursed Ion Design Line item Avfiwlzed Budget Mod to DOU Oft --Site Portion to pif-She Improvemeflts for OFf Site Improvements This Period off -Site awl Sawir Gansu Drawings $4%900.0ii $40,SDCiM IMOD% W,9QO.00 $40,'Q00.00 Woo Project Sped Hoak $3,2M,00 $3,*.04 50,03J� $1,6gD,00 $1,6M.0D $O.Da ReDeslgrk Off -Site, Seri Se .er Main $9,5150.1)0 $5,560.00 la a% $9,500,00 $9,,WD.013 $0.00 Ptlnting of Plan Sets NA $765.19 50.00 4469 SIXfb-'fatal $32,3$2.69 $5Z,352,59 $0.00 Ratm tlaodon Tc* Previously Reimbwrsed Amount to be Relrnbursed RHA Ott -Site Servfaes Authorized Budget B 1ad to gate Ot9f-81e Motto to off Site improverne* for Off -Site Imprc mmm is This Period Off -SO BWAwerdfCon. Admin. $13,385.00 $7.7%11 100 000* $13,3$5.00 $7,71511 $0.00 Off -Site San. Bowdery & Tope Survey $9,1040.00 S9,MOM 100.00% 'ROCI0.DO $9,0413,OD $C,OD Sub -Total $22,305.00 $18,715.1 f Won BeneRtAifacataan Tatal Previously Relmbursed Armunttn be ReIrtiursed Angel Brothers Ort-site Construction Authorized Budget Billed to Date_ Off -She Portion to Off -Sits Improvemsttts for Oft-51te Improvements This Period Construcion $5&B4O60,96 $950,t725AB 100'ar16 568,090.95 $350.025.46 $V,765.83 Sub•Tatal 5 100.85 $M0 025.48 $?3,766.83 City Revources Hours Efate ReVsn McPhail 160.00 $27.94 $4,1$1,15 Curtis Herod 40.00 531.43 Sub -Total $6".31 Contingencies �3ti,4pO.fl4 Arno trt to be Relml-vmed This Pefind TOTAL $658,$46.86 $23,765.63 Approved By; Approved BY, '\ Date, Date; ® � Approved By: Z APpmed gy., Date: Date: Q� y `r WIMAATE 140:4 Con9ti milDn at Off -site UNIHIes 1k0 Serw ThD L OM at lftkmorst QMn% Secftn I FOR PERlOM ending W31107 Sol [9P[(!!q h SO U PR10>r ili1X1, =X .!` 'Tile PUGD ivy} 4. ,ra: fi 1F:4. THIS PER100 li[ !Y-`v� P1ffl PRB u i�{J ( �11i•��' 1 Alto PRWOUB Pmom {.'T�,i 7aila 70 rL .!K�S? AMOUNT DB ::.:.E2.14 10 DATE of 'i4. y�f p 20 -- 2.ta T 233 x0 3, 7 .20 F wri salt r ' tog 1 2 ao 1 op mW 3 377 LF a.s [ ee8.6a afl Qa ,oD Q, 42411 1 r fide IMP 2-98 U, 1961, safm 74Q 12 Oa ot1.00 S0 00 dD 01 oa 0. G ` gdrTre�prne k 19DILF tf4.D0 804 90 fl,09 0 R,Oa 0. 9 pia 1'iszgat �dlV 4Moo 600,a0 90 ¢0a0 0 0.0 4,4996 7 E> �' Oa6tAG t 24 !T 0.00 139 249 UO $3.2M.00 UD 8 i1 91 D 26 0U°k ' B F.*m DiEt hM 8' P'4w t 114 12' VF 1 .40 31 oo fJ0 00 4. a 24 V"B4.00i 100.0a9dE 4'fl?a FreaetaitA <g�Cl 275.9 10200.00 da ? 8929A4 i7 312,00 6 t QX0% 876[fNb 90 ELdm Digh Iur 4" Pram! wi =i 32 VF31107�001 1719 40 m 32 78,4 32 .40 170,4a 10a.9 91 1� E2 26 PWC &'-12' 2.a" Fti79 St]ti 3�i PM r Pl 12'4s Cut 1 232 LF 484. 0 ION 4R4,9D 089 4.E4.00 10 Ilia" 0 09 CI.1 IIR 1E PVC C9 9U1 3327 Lip L 1 d0 0R 29 1 839.40 7 132 68S Oa 100,409G Oa DiiO 0,6D 3327 26D 827 9b2�2,5 1Q0.00�6'd 9 42 SIIA-28 Skr�O►26(�tt38J0@ i37 V 12koo 1 B92 a OU4 197 aso dMoo t37 S9B 3240 400% 100.009�a 1 13,0 C. SQR•2d Sewer a *965.11+SD. 30 1 1 ,00 97QAa D._00 38 97R.D0 36 $7 1if0.0 i5 17 i9 S Senre7 S#aUcp� pl to Mmnhafa 9 L8 400,00 aao ? QO A UaQ 0i1 0.8 17 Da 89.E°h 19 r�ttch 7WOO 5 00 1 7S4 Ofl 1 5a,Q0 iva 4051= , BB16 LF 300.5fl 00 o 8 =ao A819 m t00. P 9an91fuc relVl salt 3B28 LF 1.60 G289,40 O,Da .4U D Qp p, 21 T LB Swami Jewel. Q4 d ba Q,D09G 2 t71 g rl FitU LI11ed 0.71611 . 87 Aa 906,T5 0,V6 8,26 AD ale 4259B_?$ 104,DD96 A14 • - _ _ _ ,---r--.-.,r '�`',.1'"„Fh"W R.wa.?� r.r.+i �iklGrar,�� NEW j '... - AngelBrothers : _ puft aw ww Cora �-n- MATE F,M PAYN�EEfT ENGINEER; [ON Ces(gn GrQ4p, LL.0 DATE: Juror 4, 2w 2800 N Hsnderwn Ave., Studlo 100 Oaks, Takes 74206 15871MATE NO: 4 CONTRACTOR: Angel Brothers g lerpft", Ltd. 5210 West Road ESTWAtE PERIOD. End!N §L3W l3qtmm Texas 77521 .- OWN9.&I 65 La mot$, Ud' ABE.SOH #: o 3s 36 N. Sam Houston Fkwy E., Sulto IOU 77COO - /4� / /Holustn`n�,,�'Toxae ONp {,,,� p� ONTRAC 1 FOR; Con6tuM r of Qfl-SIW UVWW tq Qe]v The Lakes at Fairmont Gn*n% SKtbn I - OrNglnal Cvnirao Amount "WIM4,45 CurTent Cent iA Amount; 058,060,06 QTAL AMOUNT OFWORK COMPLETED—. COMPLETEDGawrd�� aRC}s R TOTAL; WOO 9TQF p MA ER4Ai.S: - $Q,00 - 3 SUSTOTAL $41 9 � ESS RETAIL AGE (10%). t 1.832,3� EBB PREVIOUS EBTIMA7ES: 35Q (32 .48 iA1,. AMOUNT DICE FOR PAYMENT: _ $UBMiTTE0 81f: APPttOVED SY. J (NME) (NAi(�P DATA : h } RECOMMENDED Sr. AF'PRGiI[=D BY: 5WW DATE; Q DANTE S �• � d" 65 L.aParbe Lakes of F'ainnant ore" Devel9pmont � RejMburSMBnty C L� MA : 9 9 LA PORTE REDEVELOPMENT AUTHORITY, CITY OF LA PORTS, TEXAS AGENDA IVUMORANDUM TO: La Porte Redevelopment Authority Board of Directors FROM: Executive Director DATE: July 11, 2007 SUBJECT: Agenda Ttem Materials Consider approval or other action with regard to Additional Pay Requests for Lakes of Fairmont Greens TIRZ project related to off site improvements known as the South La Porte Trunk Sewer Project, LA PORTE RFA)Evimop ENT Auzgoxrry c/o Hawes Hill Calderon LLP P.O. Box 22167 Houston TX 77227-2167 713-541-0447 or FAX 713-541-9906 Lakes of Fairmont Greens La Porte, Texas Section I Invoices For UEA Off -Site Improvements Benefit Allocation BHA Off -site Services Authorized Budget Billed to Date Off -Site Portion to Off -Site Improvements Off -Site San. Boundary & Topo Survey $9,000.00 $9,000.00 100.06% $9,000.00 Sub -Total $9,000.00 Information as of July 2, 2007 TOTAL $93000.00 HUMMON & ASSOCIATES 1209 Decker Drive, $Wte 1tz4 Baytown, TX 77520 (281)422- 213 voke (281X24-2717 ft IlrT OTCE Ion Design. Group 2800 N. Renderson Ave., Stu&O WO Dallas, TX 75206 Attu: Bryan Vein Contract for. 5353 Lakes at Fai ont Greens; Construction Administration. & Plat - 2791 Stir;rey Boundary & Topo . Professional Services Date 113106 Ynvoiice Number 14711 onsif`e Services Fee % Complete Fee Earned Prior Billing Current Fbe ,- ansite Construction Administration $16,615.00 0.00% $ - $ - � - Plat Fee $ 2,DOO,001 50.00% $ 1,000.00 $ - $ 1,00€i 0C1 Boundary &Topo -Survey $20,D00.00 15.00% $ 3,000.00 $ - $ 3XI00 Construction Staking $12.,500.Oi1 0.00% $ - $ - $ Sales Tax on Boundary $ 269.78 100.00% $ 269.78 $ - $ 26.9.78 Reimburseable Record Research $107.71 x 1.1 $ 118.48 100.00% $ 118AS $ Pre] Review Fee $410.00 x 1.1 $ 461.00 100.00% $ 451.00 $ $ 451.00 onsite Services $ 4,839.26 oftite Services ofFsite Construction Administration boundary & Topo Survey Payment Terms: Not 30 $13,385.00 0.00% $ - $ $ 9,000.00 15,00% $ 1,3511.00 $ Offaife Services TOTAL INVOICE AMOUNT $ 1,350,00<----- $ 1,350.00 $ G,189.2G HUTCHTSON & ASSOCUTES 1209 Decker Drive, Suite 100 BayiowT4 TX 77520 (281)422-8213 voice (281)4202717 fax Il QZCE Ton Design. Group 2800 1. Honderson Ave., Studio 100 Dallas, JX 75206 Attn. Sayan Klein Contract for. 5353 Likes at Fairmont Cans; Construction Adnih3isttlion & plat - 2791 Survey Boundary & Topo Professional Services Date 3115106 vivaiice Number 14768 Onsite Services Fee % Complete .Fee Earned Prior Bilking Current Fee Onsite Construction Adminlstrat on $16,615.00 0.00% $ - $ - $ - Plat Fee $ 2,000.00 m00% $ 1,000.00 $ 1,000.00 $ - Boundary &Topo Survey $20,000.00. 70,00% $ -11,300M '$ 3,000,00 $ 8,300.010 Construction Staking $12,500,00 0.00% $ - $ - $ - Sales Tax on Boundmy $ 289.78 100-00% $ 269.78 $ 269.7a $ - Reimburseahle Record Research $107.71 x 1.1 $ 11BAS 100.00% $ 118.46 $ 118.48 $ - Pre1 review Fee $410.00 x 1.1 $ 451.00 100.001a $ 451.00 $ 451.00 $ - Record Research $463.68 x 1.1 $ 509.93 100,00% $ 509.93 $ - $ 509.93 Onsite ,Services $ 8,809,93 Cffae Services Cii'site Construction Aclm istrabon $13,385,00 0.00% $ - $ - $ - Boundary & Topo Survey $ 9,000.DD I00,00% $ 9,0GD.00 $ 1,350.00. $ 7,650.00 Offsite Services TOTAL INVOICE AMOUNT '�f,459��► r1ayment Terms- Net 30 LA PORTE REDEVELOPMENT AUTHORITY, CITY OF LA PORTE, TExAs AGENDA MEMORANDUM TO: La Porte Redevelopment Authority Board of Directors FROM: Executive Director DATE: July 11, 2007 SUBJECT: Agenda Item Materials 5. Consider Development Agreement by and between the La Porte Redevelopment Authority, La Porte TIRZ Number One, City of La Porte, and Retreat at Bay Forest LP. LA PowE REnEvELoPMEENT AuTnoRm c/o Hawes Hill Calderon LLP P.O. Box 22167 Houston TX 77227-2167 713-541-0447 or FAX 713-541-9906 Penny go Heard �m at awwF wa,�a,L " a T®. ibbodge Unity wetti by Mid dogract sebrodr �° data �� ao ass. n - by - �c and aafm,. Mai der Ectior �� _ �hmr,+, Man P141dely ddir as ma in aa�d wo $ w a o d.ae�. or m` ° - °"m°` an gi �• re.°ro Mady: for abig want 4ea) s Inn cm amine ff Mae toad (aol Man awsew� aw sew A r e�md Fain mmey �asnmd a - as me budger cargo sax a an 0mim� t a a a ae a n "wE maa� uq eatl e in tic im sin re oae ing ten° areas cc s"ber F : tea" b Pam bin �. Most a�.m bd an�m �" � w�,, s m by fte me w Me be �., n T® renewedpea P . y _ w went! eP n ,� Unity unrest aw owner 0 bar UE.i a I amwwa�n a Pe r as be! m� Jr. - m wow mb by On w�owderi Uo a r �'� may wavoy be in W he so purazza; m be nsureso ab aging = �t Mid._ an ft m anin sodo � =4 and e®� a n .mom ahw a�Or Ha AND zaru.at PPM thin tea: —bar Pain n Mom a. T mom m Tee b¢rr�.5 sam-exwnw minor s1 Car .Mew) easedu(now �7 an o Idmfor �a,a°� mo Or bad x mama m Fuse seat, offid Mot (tea 1 being a.unoa by nebsn.a W made u _ (W xa� Mod wI or mon Mmw a .mca av wee n ma act mine me bin ff and nomination saw �ie � wo[ mw (n T 7 n�yer au nearrm m e ho. Moss s (W Mow) Mod R'n. rem n m be ma. rev ®y a arms d vino n wv% I®brw em mtCa °°'aay. a u, "m °mowanswer ®in �(amaff� _�..,„fin y a '„d In fines a bean i said Off � out and 21 w Main Mom �L � iy sw any d gand My owedrhea E-wa a Food R. lmm° mMe Me beer am IF Mee vowi v ° Wae•a of and waaeyn y co N Man inn blot Me _ vwey Para �n4 MY and b= I,wamry - 4e N rem a euw a or m �I awe sty a Wpai oasm mew== WA age an° pad aandr tan sw .rim :_ OF G-t Tin Rybc we. id' "G ..... c> e N ..................:.. F�J W L4W_ TON gc azz �L> .;9u,l,VE C¢tic of N= Comfit w Xmv xmm ti � "ie1 am n: malWwru"'nbn aN m � ImaPmr. a,d d.,:aPe.w ar $mad rt aav rasa :�n-:d�ma' �^ma.�m°'aae�at tw m b.an mow. Mom m..�n � at as a dad.- N andact�� go Raines a w mat w-END: wino inn Ism and d m aa�a r. xa..®„ m. say as mda X S7. �. - ISEU c_ I(((�+++r}��'yy)/h+lSUUMO EdSEYENr �+, I WJ �.E.' - IlIIIM! EYSNELEiiTG t1NE owne.'�mwm mat ��///� �`� ✓I - AM - AERIAL EYSEWENE sign rwiawme,:_X ®. _ - WAY C :4+V 1'1�(�IC y[e RAX. _ RIH R IS lau H.C•C.E. - kARxS COMNi4 CLgRS PRIZE k.CJ1.R. - kA RIM ODIUM Ingul RECORDS k.Cx.R. - ]OUIRIS CCU" MAP RECORDS 9X as ,l, �� �mM trials! AGREEMENT .:G, mho ,tam 29 OF 27 25 19 fa It 96�3��ira i 5P .� Abel Loa ��y Te•os W. F. tart e�Hann °del CiLY pe (see caryt table cuRYls ➢erA RAolus raalc6ur 1 LewGr� C1 5427'05- 25.00° 1 12:Se' 25.76' C2 BF27.O� 25.00° 112.6fi' 25.76° C3 Z554'0.9' 61 DO' ZT/29' Ij c* !J is WO 6O vo d ReCaide or West S e eeSF tiny' 1S %% eweR� a,eecs< weR%'a 0.%G+ 6 le 0. 964 1oG 1111411 a+ae= He Sir as,a >s>1sc Le 5we- 0.w2G � a � 9e'a9 e tm.15 i in ens IePS 1- a 1`or Ala a was e r ?' 11 re � S.gePs m b L Rae'a9` � R�auatiE � D0.451 Aane J fi a ;0 53560 uAbirt1V oat of Trg p6a Gal o Survey'arn` LO oL V.t0 pale Corn° --inn er. e REPL RODRIGOEZ SOUik 1"i•]DS SONYETING A 128f RIC ADO AYE, S kWSiGNI TZIGIS T>O62 59-5916 OwxER/➢EwE1fPER. ERE RETREAT AT W EGRE 6Daa YSWORIAL ➢RIVE. ST kGOSTON, T A5 TM79-IC err rg upgonpW PAIIIIiiiab vtcIo�aa v LE xla ro SCALE war: 1.) Told platted ono contains 17599 cams (16:,781 square feat) of land. 9rgPhic plvlt'uh9 an1N. this PnpertY M In Zane "S' an Read Insurmhcele Rafe Map, Community Panel fide 482O1C Or J. City of Lo Faris, sortie CauntY• Temma which boon mh E1fea+Ave Oats of Mason ber E. 1996 and Is reap In o Specld Flood Hcaard Amer. we S.) Prapmty Zoned R-1 (Law ➢entity RasldmtlN) 4-) 'vecrin5e ore based w the mast Right-af-Way line of 9raadweq Street SJ awner/bendaper In responsible for the imprawmmt cr mbdlor ferns® Bang West 'S' Strve„ as pm the Cty of La Porte 5tandaran (PICMJ. E.) Cwner/Cseaioper Is responsible for too Installation of smewmks a bath sides or the public street withintheabdiWslon, to the ninth and south of Mont eS _beet and along me west aide of South Broadway. 7.) Owner/Daledle"r is ramansibled far mvinienrnce of proposed attention basin witSm time pinc odst deeelapmmi yen nmEs t:- a F.>59g sae (tss,Tai eaaar. r et7 trams m land m the Tam of as Forte. a map ai Mhia Y reaatled in Yadvne fiq Pvge 112 ➢mC Recvrlw of Hwdv jQ Cammry, Tema Lola 1-52 Enoch 12h'I, wide diet Y me blade Sa wide pertcr of nL'/le Weei "i dohs-a-eoy dosed urea at d per S urea elm being nStrodoM nio Met or me Jmrwan knit- Srmey, 55_ and W. P. SE. and marred s W. P. None Surrey, Ahemac S0. NeeRl`) r City or La Caano r, mid. rd Temm mid _il% ve:a aaG at Intel being mine fuliry yFacts.Raynesand d®cRatl by d "a as bdlawm r �'NNWG at /6 Inch red war ear the synthevm aamr m 31ot 12G1: mid mmr marking ma Intsaeatl of the mom dght-m-vey line ar"'$hint a 6a beat wide WI'c wide do he "an, dint or Ma or Smvm fimadway Smae: (Cld Highway 1"). R !aide, .9GCtO.TS. , WC. T4SR[E Seam CC251a East olahg the vest pond ery of wand 6mvdwoy Street a �_1O' de.mhm w INS= feet m a E/B High Iran rod send far me mummer c w of min for 1NENCE South 6E36°w6' link Owning the vest tight of way Me of said Statecraft Street T. LP. o distance of 256.ai feet U a 5/6 Iedh scb bad any for the mumwani aams of Dan . 100 IT TNEdCE North Ma13't2' Meat dead me me,, bcundb y of City of La Posts Boy Fiber get Lune and the most right -or -way Me of Is, Sbavt a Sa feet min dint-of�any dosed by Samed Gunty Canmieeirnaa' Canna meTJad Y reduced S Ir Pg. 419, Ceetl someone of Finns Canty. Tmes a dla of 61� aD feet m a 5/5 mar town mini sR far the northwest eamer of Saba 12e1 and thin most laCl �ycf/ocl jO 7¢%Oe THENCE Nam d5-i9'?E' East oim9 me awN fight-ai-woy Its of me vhaae Srteey,NaRi`L Caun %� � a• Street a dsivnoe of 266.51 feet m me PDWT OF 6'cGMMNG and caiMinm9 -->599 La PD Qarnn9 an Wee ate of land. city Owner e w¢ eb —' Mom Final Plat oin . Ha amwa ------------------------ 77 3� �+ A7 :RB'3G481Y 288.3Y 5PaPef % rirOhrlCat at Bayo of est North J , 1 Block, 16l ots north Dedicated Right -of -Way and OPer7 Space Deserve a1 � 1 A SUBDIVISION OF 3.7599 ACRE (163,781 SQUARE FEET) OF LAND 6gyfa¢51 56053• M7Pas OUT OF THE JOHNSON AND HUNTER SURVEY, ABSTRACT 35, .AND THE `ode No._-Oaur,ry, t W. P. SURVEY, ABSTRACT 30, CITY OF LA PORTE, HARRIS COUNTY, rilm " D�` HDrn- TEXAS. • N5by v �✓_" �P2-m ab.a �atn�aLsiL�en o � nv�r4 ew+ymewe �n vera IP' � y � � a �a�m'am,� a WOW of w��°��'"� v a` aam oti af'a yam'$ P.aana aewae.re My car � � s Pat n win w.bwa,.r, m� ar thud a ne a�-*.,t (mar' er of I b�g"'�=md,.a,d a v an 2 'I REASON FOR PLAT: TO CREATE 16 SINGLE FAMILY RESIDENl1AL LOTS �crry ar!aPare darARr Nor. rro 2007 f FINAL c��c aeAiaE �, m w on SOUTH TSZAS Sd�AAIFIrING ASSOCIATES, INC. f�9i �lalmueld iva $!rig i,Sazitrp09 Hafistw� Pws�e 77g8s location )a Joe: 1a.3215—D5p (281) 558s8S18 PAX (281) ws8 a 81 m�.waa ass � ,® an=tws ,.amas cardsulrArrs s;;El IDo. SHEET 3 ➢t _ RECORO pRAN7NG N0. ot8e ut�g my Hm'¢ AND J1, r ard *n laiiFo xemy r,aTe noel amine_ . l Ends mon �=- Immil billion memo by a � do Pines Ed eddmAois *bee .®ea,er, l Is n eed Pw•Ya s nes`" - t me me mN'vums Red mN2 m be re eN Pei and 1 (m ] e•cs aaa a a �'e •.,.a n., (s al ®d me ee: �,v� me sz (Rune m ne m ) -jv Forel Corr Cou 0 20T5001 Acres ova of ro : >ycscecr 3c ri or to Fors, of T s mo= rr a, a - _, unfi rpa� LINE 6EURING plef CE L2 Xp'JSv p2^N 2.p6' L9 NGP11'a6y! mint, eUrwe rGcl/e Gp a(bE pF-d TANGe"vtli d"Zra- gal CZ 4B':>a'26° Zip! j 1Z56' 21.K' G 9Ppp'do' ado fi4A! 'I all' C4 9PWb! 29.pB' a9.pp' Aa.e� = mms..�namtrmm gmc.. T� nee' Y2 Ed delP•.aet miss e o- irr.=da Pat�m d lm� mine Iae. � Bill-mb WE Myl m domissued g ^e lE a➢F TEg T® R"oaoaaw Nn 2°i m °E Vie* �'Am Rol Ol mmi OF on auaie � is morsel domeamm�ma miming asat of"«e MY 0 Lff PaWE m and d.,ei,°^.d is adds, m any .ea, dzaxa'.c. Rvawq aman•rc ORE a x�d amtma : �d� aY �rr a W rfm j Ab' 30 cry ar co Porrc hams County, -„os n ro.r � ro,re7 S-#reed---; �-i n L�1(-�vti+'o��toY1c� �S-�-ormSe.werL reel B s-a5 �ad '� s CounTd p. 40 accord= e 6 DETENTION 1ol od ml Jr� lid odd, Of VICINITY hgAP Nor To t Nam. ,-) This Phsom hoe mn*ins 3�6p4 mrse (1i5,963 spud„ leaf) er Imtl. _ 2.) BY 9raphlc pIOW09 mIX this hWeity Is In Zone of g'Y he Ineurm m Flood Nate not CammunitY Pmei No. 482PIC Ca46 d at, of to Porte, Hal CRod Tmae stln been m 'eifaefiea pvte c Nooembr fi. 1996 and Is not In a Emdi Flood Hill Arse i) PrvpertY Zoned F-1 pankY Reaitlentldj 4-) Smnnee arm boded cn the meet Fl9ht-ai-WPY WE of 3raedwoq Etrde! a.) Oenr/➢eWvpr Is ro mile is it me Inaiallons, of sideenkm alma ha* Ede of WE public a�aet elthln We eubdluielm, and *mg *e wen alde Of Seth Small fi.) Oxnr,W eumopr is mmanelple fe molntmonce m Pfmpaded deist! m badly tftm We Prmraed 'op mG Pool a moddymamma set) dins+. ei Iand b but m M rz'+adl� Ntlomm Bp dogs 2 pesd Necde m Have bide m�Cm . T = Xmt Will minimal :q dry me b Pinte oommood d ..6p4 aco tam a and being mee only d w by maim end mm ( Red _"- R stint eaten at m m`eeettae th man WE of din* 6�admY a°ra, aa 11T;.. ou - d WE nod*met mnr ae Lot = a. = odes Mail set* es<.B•ag° wo myp� �her"e " �"° In do a ��m -!B a Oat i eat Bin toe• ntExrs date min am d H m diseases ae. nod , 4_t, m vmam. x,a-, Pew 6,a Bad al sae a. rd o'°"d.d N pope � `aasidaral u-s TW ' Nu* sa Will w d Moslem ol also IM411Mushroomed dw a mnr * *e mtm Hmt-ab-voq line et pA¢L-t Bynv mu of vary TNTaC 6min Wont Emnt ding WE am* d9hi�ei-wY Ibe 'Minim ..rind a d of e Wems er xxaxB {met me a hlemoy mmummt (brow our*) reed sorit d mttr ar *H tn,�. dim w amuiw m Pant ding We ®,m dent-ar-.a, line ar xnm-m, wan. as � a m.®t set * a all mot trod tad amt am'a venr of *m NPt2I r'b modelowl Bw* glpp'4B' Eam , ding *e eset nine i lday ]he my Sul Evvdmey, a min w of mtm set to a 5m min -inn � at rod a r yr ae WE -"-" Tba?fl ecoatap' and viwnubg domtg *e sal right-ui-smy of addend I dl vSt* dtmdwy, 0 tea_a3 sc me a s,,w mom brn on mnd k a cnr a WEheal faHm eat* ®31'iP -a o �4 Ode m beet m mt wan omel aattt a towy mmumet bcv Nokt a N Mae iaC i . s sine m-te'ax° Eamt a tlivtmo of It set m WE 4 031 Wine uB4 Dino ar lmtd of w EF�YNWG and � d FarJaldde�dat�f 110J retreat at of Po -rest Sautdt 1 Bloch; 12Loll 1 Reservefor _Det anon A SUBDMSION OF 3,5804 ACRES (1551963 SQUARE FEET) OF LAND OUT OF THE W, R HARRIS SURVEY, ABSTRACT 30, CITY OF LA PORTt, HARWS COUNTY, TEXAS. REASON FOP, REPLAY: TO CREATE 12 SINGLE FAMILY REjiDENTIAL LOTS AND 1 RESERVE M IFY CUL—DE—SAC BULB AND ADD 15e DRAINAGE EASEMENT CtZAP C scaT,� FINAL SIDBIul9�•AL - 2007 ® SOUTH TEXAS SUAVMNO ASSOCZATES; t ( aN YSLZ) 828V Mah" o+d Awl BWV J SU"godd 08 Iwsfa4 ribs 7708E a loci _ w n JOB. 1388—OAP ..� - (281 f d5m58-8918 PAX (I281) tS.SR_9-ape e W a 5 � a0rte Town o La I'- �e'aTexts E Vol 60 Ho9�= Goun9 0 Rdcords of PRDJE"- MANAGER: RENE RODRIGUET BCUiH TEXAS OND AVE, w il-1 41 INC. 11281 No TDM ND .AVE, S7E. J-tC1 HOUSiDN, TEK, A5 77082 {281) 556-6918 Dww R/Dc� I THE RETREAT AT 9AY FOREST, LF. T eC00 MEMORIAL DR, S. 100 HOUBTONo TEAS 77079-4007 %' �aT ka i10 rnNsuiranr's srE� No. 3 5rIEET�j pr ; RECORD 13RAWINr N0. as express we Dow moun, w. cm Respect at Form whore, s�ntu Woo r oft by me en a says. 7,* 9 rc� oeglv Funk. LF� a none United ��� by ways a Town upown ovad J Y.ba, J, fr,N Pvinr c NoM Polk n rH N air smb a Tm IerYoptnS Revasxewvi Av®orr . appose, (� wn Bw+xmt) war we ampsn amK corer me hddr W a M (Q nm,))Wu Pw�tY eebtl F w part men we im ertst N may Feet srhn (w dm4 oath woman by eri aim a,ee ex 1 b xe..� W look Yrtv..,�. �x .r PHours lat mCrnnor � to. Twe)� as Usiwmd�ewe I�pen b � hvW '� hew not M ran er w set gweiasbrw. paint owme al W 9r. (v Iru7�a�e by amok Vlw q,amt roman rgrt mhcaftwhV of EW m ee P�Y wom lessonW con t°"R�e purposesau a armto we mmoment tnry m_u uv Mumtv we PPP ea .rba mellowness e. lids twrba eePr.m.9 .m a cow weary urm mx basn sax unm on, Han Ain stl. s tm4 one � b W x.br wok a oW tr it 9me W Tan Duk H a x�o,w mumnim}}.�yc the d r asel ions. a. ass W m. sbb W Tm b wsao qs .r nm me qe( �Mevnkw� cpwppw�vµn�W��pPo(nb aPonY am F.see a e ra nb4 we vox! mum owes F u1 sty, m loin Feb apa,mmi uet qFees Tmw e.Lesson sam "llS, y3n oral lib � whrwhx a"'a w Waan� w6m'.�I: w�a ran e..,uwnmt w xm.n at a.r re.a ax.nbr, isrwK aysknmt c�wo,tr =i x®w mdWmem n m, Wow r ot i3 14 7 to West F 3Z 30 28 27 � Lc= 25 y o Cq 24 2T 22 21 20 19 1e 1] �tas� xnP3e'b4 ,0413' 8' z $ e,x2 WP39'xe'E Oe ts' ® S 3 I \1 it 6.4egsF NeP3e'b£ Qi A we H�ROe'b: N­llassets' ' 6 $ � O.IeaSF Z Ne MUI �Iwlw Jos Most 7w Sbwt (L 0"i p�500 Acres us ;3°i rr°AbSINet �;y lef W. R' our`eYNorrb e dX of L° Porte cry m u ty tom Curve Table CURVE pf1TA RAONS TANGENT LEyIGRI ci 5W2]'05' zS.Uo IZZV 23.76' C2 54'27b5' 25.00' 12.66' 23.76' C3 2H8'54'DB' 61.00' 277.29' PO Poo e d 79 won of L0112 Dee Teyos 60 Norri5 County 9 I b4 lolls' $ e15 t ,5' 8 14 $ 0.bR5F WPC bt $ e, NeP�'bi 012 XePN'b'E 'i aw.15' 9 1 6..e 0.bRSP $ xeR'x'wS Rm6EM4E A O6,s 25' 23' i MIDx eaSiN sell 0.bR3 $ a��le.s3e.zz. le xOT36'b'E m,s• I '\ V 9 I �e.aMSF NaTX'bE 10 - -- —I' one e�K ellr -- S6P36'461Y 266,31r wa�0awe, B per em _�4 LEGEND: wtbwe my M1.M e.a sd W ono,, W xmeirx Wr aor sa sob I mac wwr. M. FT. - sDUARE FEET 1 F3iYr. - EASEYEx7 B.L - BUIIDIMG 11NE = I 1: /S1 m GARAGE BUILOINC LINE W % I' U.E. - UNIITY mum Green V rant. Aid /—`eT L i t�� �o w. RIGHTpo EweT7 mvf N st s56G5sy M ear a Had, cnty T® X.C.C.F. — HARRIS MUM CLERKS FILE 1 Flan God{ H0R15 Loin H.C.D.R. — HARRIS MUM GEED RECDROs By X.G.Y.R. — HARRIS LWNfY YAP RECORDS ht LOrds a r�® VICINITY 11(IYI-' NOT TO SCALE HS)IFSE 1.) Total platted ono contains 3.7599 oche (163,]61 square fort) of land. 2) By graphic plotting only, this property to In Zone 'X' on Flood Insurance Rate Map, Community Panel No. 48201C 094s J, City of Lo Porte. Harris County, Texas, whim bean an Effective pate of November 6, 1996 and Is not In o Special Flood Hazard Area. 3.) Property Zoned R-1 (Low Density Residential) 4.) Baaringa are based on the wart Right —of —Way line of Broadway Street 5.) Owner/OeMoper Is responsible for the Improvement of subdivision nhonca along West S' Sheet, am per the City of La Porte Standards (PILM). fi.) Dwns/peveloper Is responsible for the retaliation of sidewalks on both sides of the public sheet within the Bubdivlelon, to the north and south of Weat 'S' Street and along the weak aide of South Broadway. ]J Owner/Oeveloper to responsible for maintenance of propaeol detontion boom m lin the proposed development. FlEID NOTES fs a 3.75B9 sae (183.7e1 wuvn fast) too! of lontl r the Taal rt Ln Pert, a mop of woi1 b rw0rdetl M Volume e0. Page 112 Oewtl Rococo of XeMw County, Tema: Lot. 1-32, ay shown wn d band Wiry r ton. Mod,. and Te Do: W of 3� Tb%es West Y' Element right-of-way tloeetl and abandoned and pollbe Wl P. Hands s S1 TR SN: Wee being u�ee'R15) out of the Jdtom Hillis alty,T as: said 3.7 ntl the W. P. Nome being . AbsnowfMY J0, City of ed y woman Hanle County, anec weld S7B0 ova IwOt of land being man Nlly tlasvmed by matey and bountiv an iclawe: BEGINNING at a 5/8 Ind xm ran But M the nsthwet cons of Blark 12SI: e d owner marking the Interwectlm of the mouth reghtwf—ray line M'S Street o 60 fact wide lobo iceeot wide public rose dory, right of line ar south Broadway Shwet (Od xlghwey 146), a SSOCMTFS, INC. TfErNCE south. 0023Y2' East, along the wont boundary of mid Broadway Stowt a U-101 distance of 615.00 feet, to 0 5/0 inch Bon red found far the northwest comer Of b10 tram THENCE sou B9'36'45' West hoping the wok right of ray line 0r said Embassy sbM, 5f, LP distance or 266.31 (wrt to 0 5/8 Inch Iran Tod cost fur the eeuthwot 0vnr al this E. 100 tom 1D7 ]HENCE North OCR3YY Bast along the wet boundary of City of is Parts Boy Forest Caf Done and the east right —of —wry, Ilnw of het Shed a 60 fact wide right—of—way dewed by Halls County Cvnmiaslmaw' Court, reacldwd In Vulumw 5307, Pg. 419, Dun Records of Harris County, Tasee 0 WvlSnce of e15.00 feet to 0 5/0 Moh Iran red Be for the northwest toms of Bloc 1231 and W fhb toe; dc[ 3U TeXas THEIxCE North B9:A6'46' EaW, along the south right—cf—rry Ilene of the above mmtlmwd Loun7pms) `s' Shot a 4mmo of 266.31 had to the PONT OF BEGINNING and cantaMing 3.7599 m We- mare of Ind. FinaI Plat of Retreat atBayForest North Lots with Dedicated Right -of -Way and Open Space Reserve UBDIVISION OF 3,7599 ACRES (153,781 SQUARE FEET) OF LAND OF THE JOHNSON AND HUNTER SURVEY, ABSTRACT 35, AND THE P. SURVEY, ABSTRACT 30, CITY. OF LA PORTE, HARRIS COUNTY, ,y FOR PLAT: TO CREATE 16 SINGLE FAMILY 6� wiP �""°,'�`3Fr'T m"wla`TE II 2 RESIDENTIAL LOTS citwe off 1111 y of Laporte �mbe.'�,�o �_e�.�;�� s yua,,r6r7Ja. )]o 2007 FINAL SUBMffTAL — ,�,,,g,,, aw memos ,., any blame n pv co m".,t ,.,.. W W W GRAPHIC SCALE SOUTH TE1 1 SURVEYINC ASSOCLURS, INC. �mm vdol a.ae.m,wn �r ell 113 pry a uw vsaa ovwmasl r ¢ IRBY ]ltRlm7io6Ed IExi. DWI ipswaR—f0f Hautosr. 7'as'ne Y7082 :"o.nW we (P81) 668-68/8 PAX (281) 668-89sf . Bwani prrb,mt (W .air W I d iron` :`sa w a.rbn t i O )� JOB: 1388—OSP aeP„tye a� B.,n T® a,.at,g r�a.b, .� 1 J ell 5 Yoa 4�0 b eRZ 7 \ e 10 11 out 0, Tract 4,A Ab5lrna W. p. P � 0H, orns n C�tY �Cwnec F. CdRi RENE RODRIGUU SOYIH TEXAS SURVEYING l 112e1 RICXYOND AVE, SR NOUSTONo TEXTS 770e2 (?ef) ss6—Wle OWNER IOEV 11% THE REIIIFAT AT BAT FORT f WDD YEY IEUIS ORIVE, s x0usrgx, TfltAR ne7q-4 ;r°¢l ge56 W- P La Porto eYHonn9t CJY Owner: F. cook 1 Block, 16 A S OUT W. TEXAS, REASON CONSUL7ANY5 aFIEET NO. 3 not 2 Z 0 m0 NWKona W Zeyy Iu m y 2 = m U2„ 2 O 0zo_rc w O C� sHrFr 3 DI RECORN NRAWING N0. xvey Pubna in w Ir tlm Sdb w T® IF]NUIV 99]mNAMW AfldF'pFh'I Ins)�Rri,lrr� Pia Rib a rmtl on e I litl. was ( e) wdenad b k w ea LW �a was watpne Rees, w xed, m.ny. mo ooewRpn oa n�a.mvv� nee i��n .ae non worse presentlyNo it Noild o tl And me � I�ot) Wnerr concon. nt nn w Pat ms000rr� w,re Be (item in III Mar) WIF4 AN Naw Bole Forest Golf Course 7'J500 Acres f of Tract ,F Y/ _ N Survey, A f 30 C� L Porto , H Couny Foxes ( aY ab and urea male IJNE BLeAINF pISFANLE l2 NOT36')Zw 2.06' u tov11'Sew 35.00' Carve T 612 CARVE pt1TA RAOIDS T GEM I£NOFH C125].23' L2 46•]0'26' M. 12.96' 21.60' v 9POo'oo• 54.Oo 54.00 64.B2' C4 9P00'00' 29.00' 29.00' 45.55' xwrr wax in w a the se,m w r® sty al No lm.Food x. tnumor, seasonal owner A alb of rm � Ww.®aaY a �h fox a v_Y� Mamasu,er my�y doo-xd�by am rtb not tl m sioo� end met mY Flvt oe.pa MW M yea+ r vreal W na c1b a Ia` �wwxtlmmn s - as'e�1* S Taxes R.�onn H pnl YG'I.�N'ioii auWN wof aumete a k P Msmeards alga and deJWanwat a Raaet we Bas Forst ^—,m „ emlvmmu esB �, Pat a..ar. feainp (assa,r„ Wilex will •�W�,r T Boy wrest Go!` Course Tro�r F! W P Hwv_y, ris SurAbstract 30 Ciry of Lo Porte Hanle County Texas (one eb of 0 von.) .— "�rn�n ant _: lay amr of Iaw e.na�.Wru.d a pon.dr ' Scoal 0ono wTHl ® Am 5Rn tTi�y sei.t.��_ n awl%°z=as �n1°kaa�` fare 'bmam�i6r In an oat m. wmb pBole.w eaA ._tI. w� day lWm n dad _al w w rem rm xa e m. n eW emy ed w w �wNo_r, k. �r w sore lei m.r rdtw. w xm`i �oa fi® / 1 0 Green ,i to BSf°f 0�3 Code NO C unit of 'Harps t % p ImdS e Y Ztie ✓ c Asa ,/ ov on .ems evar nd opewag, t �eYF.1 S89'48048'E 0 2L2M° = sz9 n z6 8 5 Zone AE (Q 11J �.... es ),S0s5F �Pe i o' F Zone X As, S e 236sF Dsso6Aareaw s I rt ae oI L°,i FZ Deed 6 Grts H4lr CountYTdxos a, of P a6 PROJECT MANAGER: RENE RODRIGUEZ SOUTH TEXAS SURVEYING PSSOCIATES, INC. HOUS N, TEXAS AVE, SiE. J-101 HousroN, TEXAS 77082 By (231) 556-6918 OWNER/DEVELOPER: THE RETREAT AT BAY FOREST, LP. 16000 MEMORIAL DR, STE 100 HOUSTON, TEXAS 77079-4007 GRAPHIC SCALE lizedha,,50 Be 1II sf �� Ross v di92R IAa Orr I II ICry of LaPorte Survey Marker No. of L �rte NanYer Ab. 110 As, S e 236sF Dsso6Aareaw s I rt ae oI L°,i FZ Deed 6 Grts H4lr CountYTdxos a, of P a6 PROJECT MANAGER: RENE RODRIGUEZ SOUTH TEXAS SURVEYING PSSOCIATES, INC. HOUS N, TEXAS AVE, SiE. J-101 HousroN, TEXAS 77082 By (231) 556-6918 OWNER/DEVELOPER: THE RETREAT AT BAY FOREST, LP. 16000 MEMORIAL DR, STE 100 HOUSTON, TEXAS 77079-4007 GRAPHIC SCALE lizedha,,50 Be 1II sf �� Ross v di92R IAa Orr I II ICry of LaPorte Survey Marker No. of L �rte NanYer Ab. 110 ,Mrot 'Site IN VICINITY MAP NOT TO SCALE NOTIM 1.) Total platted ante contains 3.5604 scree (155,963 square feet) of land. 2.).By graph plotting only. tale propety Is In Zone'AE' 3'X' on Rood Insurance Rate Map, Canmunity Panel No. M201C M45 J, City of la Parts,typ beentsIto Date of Newnbr 6, 19 and In not Ina Special Ala 3.) Property Zoned R-1 (Los Density Residential) 4.) Sal ore based n the west Right -of -Way line of Broadway Sh«L 5.) Oxar/De ehpr is reaporm le for floe Instollation of sidewalks doing boon old" of toe public etas.! wimin the subdixalon, end dong me oust aide of Svutb anneal 6.) Dwnr/b wlopr Is responsible for maintenance of proposed dental basin wlthln the proposed dewlepmnt. RIZILD for a ot of land It the Town al ce wool 112 Porte, voTES mm of a l InAr mtletl(155,90 ll e0. Fape Dowd Rollo of Hmla Coal Towneg won t w mw W. P. HaMs Sum% Ababa! 301 My w to Patty Hal f evM 55904 now beet of land boles mve MIy doe2ed by mare notablenti, e moor west tLat an (2 o 11%fiivllTNWe beinkp bch nwt ow ! W bm naMn�mnnr ae l� .. Id Tom 0 W Pats: ula 3 and neTM ecomr 6133] oft t� Bed qe wine von of W Pao b dl. a toW distance of 301.26 And b a 5/8 in ins oot far tow NeerMwnt carer w orb bout THENCE wors; the AO Net slaw bonds CoN Flood ConW District: ne1O1-12-01J, Onalstesso .set (UT) r�edsd k Vdumo 27551 Pope 51+ Dood Returns of Name l Teooe, an fdlos Narth OTTT�• uv 106e6 feel North ' Woof mn not Tor Noran M' Wet 75" fool Nam u l IS].en tool M'vanBonn. y,00.� to the waum right -of- Y e wWha1e Wens BwIwNNorth t b a Tlsll Swm 69'46'4B' East Bass be aura rijA-al Ike Be Woman Wane Saw.saq a dl.smas of g 70 ent (bran aria in concede) to v hbn.vy mmum found b a ennr of orb bet South TI 451WSp' sma. dons no sal riyri-of-way line of am bei IN I a of e9.72 west m a 5/6 inch Son, rad K Ba'a snr of orb Mal ba w aed TH�ct: o Fa.t, dap no sew right -all w seam r. a of 25 0 now: ne ce of >st.m w..t m e s/e ina ten rod K tir a mar w orb beat nor; Tiw� Sa fla Nz 00` East, onsol costs� e ..w r .lad-w-my of Saul Broadway, ly 5 ce of 9322 taw b a 5ro k se rl N a cony N orb boot } THall seam m�1'le Eaw. a tlblmce of 52a few to a paint Ton Al point v wean highway monument bon Nam ➢912'31' Wet O.H fert TiI Sam�9]6'O2'Cost. dMnce w Bob Peet to the PANT K Wall mtl containing name le Final Replat of "� ell Retreat at Bay Forest South 1 Block, 12Lots, 1 Reserve for Detention A VISION OF 3.58Q4 ACRES (155,963 SQUARE FEET) OF LAND OUT OF THE W. P. HARRIS SURVEY, ABSTRACT 30, CITY OF LA PORTE, HARRIS COUNTY, TEXAS. - REASON FOR REPLAT: A CREATE 12 SINGLE FAMILY RESIDENTIAL LOTS AND 1 RESERVE MODIFY CUL—DE—SAC BULB AND ADD 15' DRAINAGE EASEMENT CONSULTAM'S SHEc, NO 3 cl, W O 0 Lo W h O W 5� �> Wa W QN �m 1Y C a 2Q Y 0 o � FINAL SUBMfTTAL � 2007 0 SHED 3 D, SOUTB TI..YySS S0RV6YING ASSOCIdTSSw INC. REcorr� ORAWIIJG Nc. fall RtohmorW Ivs Il J,BtAfW-fOf Hmtutopq TssnW 77082 JOB: 9388-04P �,b,a,(281)556,mc f8 P" (281) 566-8331 Retreat at Bay Forest Summary Submitted v. Recommended South North Submitted $83,683.74 Submitted $101,479.26 Recommended $65,788.44 Recommended $ 83,538.66 Difference $17,896.30 Difference $ 17,940.60 Engineering Fees Submitted $33,950.92 Recommended $15, 172.79 Difference $18,784.13 Grand Totals Submitted $219,119.92 Recommended $164,499.89 Difference $ 54,620.03 r�' LPRA and TIRZ Board Meeting June 27, 2007 Retreat at Bay Forest Reimbursable items Submitted South 1 Concrete Pavement 116 SY $29,00 $9,364.00 2 6" Lime Subgrade 201 SY $4.00 $804,00 3 6" Concrete Curb 37 LF $2,40 $72,00 4 4' Concrete Walk 22 SY $35.00 $770.00 5 ADA Ramps 2 LF $450.00 $900,00 6 24" RCP 14 LF $70.00 $980.00 7 24" HDPE 37 LF $36.00 $1,332.00 8 1PHot Channel 324 LF $76.86 $8,637.84 9 Rip Rap 10 CY $40.00 $400.00 10 Storm Sewer Manhole 1 EA $2,000,00 $2,000.00 11 Headwall 2 EA $1,400.00 $2,000.00 12 Concrete Apron 1 SY 1 $39.00 $39:00 13 Fxcavation 3936 CY $&()0 $19,680.00 14 Sanitary Sewer Manholes 1 EA $2,000.00 $2,000.00 15 8" Sanitary Sewer Pipe 165 LF $32,00 $5,280.00 16 8" Water Line 261 LF $30.90 $8,064.90 17 8x8 Tap & Sleeve Valve 1 EA $2,800,00 $2,800.00 18 16" Bore & Steel Casing 66 LF $3eo.00 $23,760.00 Total Engineering Fees $33,956.92 North 1 Concrete Pavement 194 SY $29.00 $5,626.00 —L 6" Lime Suhgrade 284 SY $4.00 $1,136.00 3 6" Concrete Curb 30 LF $2.40 $72.00 4 4' Concrete Walk 80 SY $35,00 $2,100.00 5 ADA Ramps 2 LF $450.00 $900.00 6 18" RCP 362 LF $61.00 $22,082.00 7 24" RCP 17 LF $70.00 $1,190.00 8 24" HDPE 50 LF $30.00 $1,800.00 9 Pilot Channel 191 LF $26.66 $5,092.08 10 $term Sewer Manhole 2 EA $2,000.00 $4,000.00 11 18" Pipe End Treatments 4 EA $500,00 $2,000.00 12 Headwall 2 EA $1,400.Q0 $2,800.00 13 Concrete Apron 1 SY $39;00 $39.00 14 Excavation 3339 CY $5.00 $16,695.05 15 18anttary Sewer Manholes 1 EA $2,000,00 $2,000.00 16 8" Sanitary Sewer Pipe 165 LF $32,00 $5,280.00 17 8" Water Line - 208 LF $30.90 ' $6,427.20 18 8x8 Tap & Sleeve Valve 1 EA $2,800.00 $2,8ou.00 19 16" Bore & Steel Casing 54 LF $360.001 $19,440.00 $83,683.74 Total $101,479.26 LPRA and TIRZ-Board Meeting June 27, 2007 Retreat at Bay Forest Reimbursable Items Recommended South 6 24" RCP 14 LF $70.00 $980.00 7 24" HDPE 37 LF $36.00 $1,332.00 8 PilotChannel 324 LF $26.66 $8,637 84 9 Rip Rap 10 CY $40.00 $400.00 10 Storm Sewer Manhole 1 EA $2,000.00 $2,000.00 II .Headwall 2 EA $1,400.00 $2,800.00 12 lConcrete Apron 1 SY $39.00 $39.00 13 lExcavation 3935 CY $5.00 $19,680.00 14 Sanitary Sewer Manholes 1 EA $2,000.00 $2,000.00' 16 8" Water Line 44 LF $30.90 $1,369.60 17 8x8 Tap & Sleeve Valve 1 EA $2,800.00 $2,800.00 18 16" Bore & Steel Casing 66 LF .$360.00 $23,760.00 Total Engineering Fees $15,172.79 North 1 Concrete Pavement 194 SY $29.00 $5,626.00 2 6" Lime Subgrade 284 SY KOO $1,136.00 3 6" Concrete Curb 30 LF $2.40 $72.00 4 4' Concrete Walk 60 SY $35.00 $2,100.00 6 18" RCP 110• LF $61.00 $6,710.00 7 24" RCP 17 LF $70.00 $1,190.00 8 24" HDPE 50 LF $36.00 $1,800.00 9 1 Pilot Channel 191 LF $26,66 $5,092.06 10 Storm Sewer Manhole 2 EA $2,000.00 $4,000.00 11 18" Pipe End Treatments 4 EA $500.00 $2,000.00 12 Headwall 2 EA $1,400.00 $2,800.00 13 Concrete Apron 1 SY $39.00 $39.00 14 Excavation 3339 CY $5.00 $16,695wo 15 Sanitary Sewer Manholes 1 EA $2,000.00 $2,000.00 16 8" Sanitary Sewer Pipe 165 LF $32.00 $6,280.05 17 8" Water Line 154 LF $30.90 $4,758,60 18 8x8 Tap & Sleeve Valve 1 1 EA $2,800.001 $2,600.00 19 16" Bore &Steel Casing 54 LF $360.00 $19,440.00 $65,788.44 Total $83,638.66 DEVELOPMENT AGREEMENT Between REINVESTMENT ZONE NUMBER ONE CITY OF LA PORTE and LA PORTE REDEVELOPMENT AUTHORITY and RETREAT AT BAY FOREST LP I HOU:23227I8.7 DEVELOPMENT AGREEMENT This Agreement ("Agreement'), effective , 2007, is made by and between REIN VESTMENT ZONE NUMBER ONE, CITY OF LA PORTE, TEXAS ("La Porte Zone"), a tax increment reinvestment zone created by the City of LaPorte, Texas (the "City") pursuant to Chapter 311 of the Texas Tax Code, as amended, acting by and through its governing body, the Board of Directors (the "Zone Board"), LA PORTE REDEVELOPMENT AUTHORITY ("La Porte Authority"), a local government corporation created and organized under the provisions of the Texas Transportation Corporation Act, Chapter 431, Subchapter D, Transportation Code, and authorized and approved by the City pursuant to Resolution No. adopted on , acting by and through its governing body, the Board of Directors (the "La Porte Board") and RETREAT AT BAY FOREST LP, a Texas limited partnership (the "Developer"). RFCTTALS WHEREAS, by Ordinances No. the City Council of the City created the La Porte Zone in the City pursuant to Chapter 311 of the Texas Tax Code, as amended, and pursuant to a Preliminary Project Plan and Preliminary Reinvestment Zone Financing Plan, and appointed its Board of Directors ("TIRZ Ordinance"); and WHEREAS, the Zone Board adopted a final Project Plan and Reinvestment Zone Financing Plan (the "Project Plan") and submitted the final Project Plan to the City Council of the City for approval; and WHEREAS, the City Council approved the final Project Plan by Ordinance No. ; WHEREAS, the City authorized the creation of the LaPorte Authority to aid, assist and act on behalf of the City in the performance of the City's governmental functions with respect to the common good and general welfare of La Porte and neighboring areas as described in the TIRZ Ordinance; and WHEREAS, the City, the La Porte Zone and the La Porte Authority have entered into that certain Agreement dated , and approved as Ordinance No. (the "LaPorte Agreement"), pursuant to which the City and the LaPorte Zone contracted with the La Porte Authority to administer the La Porte Zone including, but not limited to, the power to engage in activities relating to the acquisition and development of land, to construct and improve infrastructure in LaPorte, to enter into development agreements with developersibuilders in La Porte, and to issue, sell or deliver its bonds, notes or other obligations in accordance with the terms of the La Porte Agreement upon the approval of the City Council of the City; and WHEREAS, the La Porte Agreement further provides that the La Porte Authority must obtain the prior approval of the City for an project approved in the La Porte Zone's Project Plan that is constructed or caused to be constructed by the La Porte Authority; and HOU:2322718.7 WHEREAS, the Texas Tax Code provides that the La Porte Zone may enter into agreements as the Zone Board considers necessary or convenient to implement the Project Plan and achieve its purposes; and WHEREAS, the La Porte Board and the Zone Board have determined that it is in the best interest of the La Porte Zone and the La Porte Authority to contract with the Developer, in order to provide for the efficient and effective implementation of certain aspects of the Project Plan; and The Developer desires to proceed with the development of an urban project consisting of residential, commercial, industrial and retail on land located within the La Porte Zone (the "Project") prior to the time that the La Porte Authority can issue its bonds or incur other obligations to pay the costs of the Public Improvements (as defined herein); NOW THEREFORE, AGREEMENT For and in consideration of the mutual promises, covenants, obligations, and benefits of this Agreement, the La Porte Zone, the La Porte Authority and the Developer contract and agree as follows: ARTICLE 1 GENERAL TERMS 1.1 Definitions. The terms "Agreement," "City," "Developer", "La Porte Agreement," "LaPorte Board," "LaPorte Authority," "LaPorte Zone," "Project," and "Zone Board" have the above meanings, and the following terms have the following meanings: "Act" shall mean the Tax Increment Financing Act, Chapter 311, Texas Tax Code, as amended. "Authority Bonds" shall mean the La Porte Authority's tax increment revenue bonds issued in one or more series pursuant to Section 6.1(11) of this Agreement. "Available Tax Increment" shall mean funds in the Tax Increment Revenue Fund. "Completion" shall mean completion of construction of the Public Improvements in accordance with the Plans and Specifications so that the Project can be used and maintained for its intended purposes. Completion shall be approved by the City and certified by the engineering firm engaged by Developer to make such certification. "Contract Progress Payment" shall, mean the payment due to a contractor or consultant hired by Developer to complete the Public Improvements. A contract progress payment must be supported not only by a report of a certifid public accountant as required in Section 6.1(B), but also by customary documentation including, but not limited to, the name and address of the contractor, a description of the contract pursuant to which the payment is requested, the amount of such payment, the original contract amount, total payments made to date on such contract, an 2 HOU_2322718.7 estimate of remaining work to be completed, the cost of such work, and customary lien and subcontractor releases. "County" shall mean Harris County, Texas. "Developer Advances" shall mean any funds advanced for Project Costs by the Developer pursuant to Section 6.1 of this Agreement and shall include any interest payable thereon as prescribed in this Agreement. "Parties" or "Party" shall mean the La Porte Zone, the La Porte Authority and the Developer, the parties to this Agreement. "Plans and Specifications" shall mean the designs, plans and specifications for the Public Improvements prepared or to be prepared by engineering and landscape architect f=s at the direction of Developer in accordance with the Project Plan and as approved by the City in accordance with Section 4.2. "Pledged Available Tax Increment" shall mean the Available Tax Increment attributable to the Project. "Property Account" means an account within the Tax Increment Revenue Fund established by the City to account for the tax increment attributable to the Project Site, the proceeds of Authorized Bonds issued . to finance Public Improvements pursuant to this Agreement, and other obligations issued pursuant to Article 6, and earnings from the investment of such amounts. "Project Costs" shall mean the cost of the Public Improvements. "Project Plan" means the Project Plan and Reinvestment Zone Financing Plan for Reinvestment Zone Number One, City of LaPorte, as approved by the City Council on , and as thereafter amended and approved by the City Council. "Project Site" shall mean the area known as , located in certain tracts described in Exhibit A, and all improvements located thereon. "Public Improvements" shall have the meaning provided in Article 3 of this Agreement. "State" shall mean the State of Texas. "Tax Increment Revenue Fund" shall mean the special fund established by the La Porte Authority and funded with payments made by the City and any other participating Taxing Units, pursuant to the La Porte Agreement, which payments are attributable to ad valorem property taxes paid on the Project Site. "Taxing Unit" shall mean individally and collectively, the City and any other taxing units participating in the La Porte Zone. 3 HOU2322718.7 1.2 Sin�zWar and Plural. Words used herein in the singular, where the context so permits, also include the plural and vice versa. The definitions of words in the singular herein also apply to such words when used in the plural where the context so permits and vice versa. ARTICLE 2 REPRESENTATIONS 2.1 Re resentation of La Porte Authori _ The La Porte Authority hereby represents to the Developer that: (A) The La Porte Authority is duly authorized, created and existing in good standing under the laws of the State and is duly qualified and authorized to carry on the governmental functions and operations as contemplated by this Agreement. (B) The La Porte Authority has the power, authority and legal right to enter into and perform this Agreement and the execution, delivery and performance hereof (i) have been duly authorized, (ii) to the best of its knowledge, will not violate any applicable judgment, order, law or regulation, and (iii) do not constitute a default under, or result in the creation of, any lien, charge, encumbrance or security interest upon any assets of the La Porte Authority under any agreement or instrument to which the La Porte Authority is a party or by which the La Porte Authority or its assets may be bound or affected. (C) The Project, the Public Improvements and the Project Costs are components of or are consistent with the Project Plan. (D) This Agreement has been duly authorized, executed and delivered by the La Porte Authority and, constitutes a legal, valid and binding obligation of the La Porte Authority, enforceable in accordance with its terms except to the extent that (i) the enforceability of such instruments may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws of general application in effect from time to time relating to or affecting the enforcement of creditors' rights and (ii) certain equitable remedies including specific performance may be unavailable. (E) The execution, delivery and performance of this Agreement by the La Porte Authority does not require the consent or approval of any person whit_ h has not been obtained. (F) The La Porte Authority has an exemption from the payment of sales and use taxes pursuant to the statute under which the La Porte Authority was created. 2.2 Representation of LaPorte Zone. The LaPorte Zone hereby represents to the Developer that (A) The La Porte ZoneA is duly authorized, created and existing in good standing under the laws of the State and is duly qualified and authorized to carry on the governmental functions and operations as contemplated by this Agreement. C n xou:2322718.7 (B) The LaPorte Zone has the power, authority and legal right to enter into and perform this Agreement and the execution, delivery and performance hereof (i) have been duly authorized, (ii) to the best of its knowledge, will not violate any applicable judgment, order, law or regulation, and (iii) do not constitute a default under, or result in the creation of, any lien, charge, encumbrance or security interest upon any assets of the La Porte Zone under any agreement or instrument to which the La Porte Zone is a party or by which the La forte Zone or its assets may be bound or affected. (C) The Project, the Public Improvements and the Project Costs are components of or are consistent with the Project Plan. (D) This Agreement has been duly authorized, executed and delivered by the La Porte Zone and constitutes a legal, valid and binding obligation of the La Porte Zone, enforceable in accordance with its terms except to the extent that (i) the enforceability of such instruments may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws of general application in effect from time to time relating to or affecting the enforcement of creditors' rights and (ii) certain equitable remedies including specific performance may be unavailable. (E) The execution, delivery and performance of this Agreement by the La Porte Zone does not require the consent or approval of any person which has not been obtained. 2.3 Representations of the Developer. The Developer hereby represents to the La Porte Authority and the La Porte Zone that: (A) The Developer is duly authorized, created and existing in good standing under the laws of the State and is qualified to do business in the State. (B) The Developer has the power, authority and legal right to enter into and perform its obligations set forth in this Agreement, and the execution, delivery and performance hereof, (i) have been duly authorized by requisite corporate action, (ii) will not, to the best of its knowledge, violate any judgment, order, law or regulation applicable to the Developer or any provisions of the Developer's by laws or limited partnership agreement, and (iii) do not constitute a default under or result in the creation of, any lien, charge, encumbrance or security interest upon any assets of the Developer under any agreement or -instrument to which the Developer is a party or by which the Developer or its assets may be bound or affected. (C) The Developer will have sufficient capital to perform its obligations under this Agreement at the time it needs to have sufficient capital. (D) This Agreement ha's been duly authorized, executed and delivered and constitutes a legal, valid and binding obligation of the Developer, enforceable in accordance with its terms exceNt to the extent that (i) the enforceability of such instruments may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws of general application in effect from time to time relating to or 5 HOU:2322718.7 affecting the enforcement of creditors' rights and (ii) certain equitable remedies including specific performance may be unavailable. ARTICLE 3 THE PUBLIC IMPROVEMENTS 3.1 Public Improvements. The Public Improvements shall be and include the design, construction and installation of certain public infrastructure relating to the Project, such infrastructure being more particularly described in the Plans and Specifications. 3.2 Project Costs. The estimated Project Costs of the Public Improvements are described in Exhibit B. The Public Improvements will be developed pursuant to the Plans and Specifications and a schedule that is mutually agreeable to the Parties. The Project Costs shall include all architectural, engineering, design, legal and other consultant fees and expenses (as further set forth in Section 6.1(A) hereof) related to such Public Improvements. The Project Costs may be modified with approval of the Board of Directors of the La Porte Authority. 3.3 Obli ag tion. The Public Improvements shall be designed, acquired, constructed and implemented in accordance with the Plans and Specifications to be approved by the City under Article 4. ,ARTICLE 4 DUTIES AND RESPONSIBILITIES OF THE DEVELOPER [r 4.1 Construction Mana er. Subject to Article 3, the Developer agrees to construct the Public Improvements as described in the Plans and Specifications and to provide and furnish, or cause to be provided and fim fished, all materials and services as and when required in connection with the construction of the Public Improvements. The Developer will obtain all necessary permits. and approvals from the City and all other governmental officials and agencies having jurisdiction (including the approvals required under the La Porte Agreement), provide supervision of all phases of construction of the Public Improvements, provide periodic reports as may be reasonably requested and required by the La Porte Authority from time to time of such construction to the La Porte Board' with copies to the City, and cause the construction to be performed in accordance with the Plans and Specifications. 4.2 Design of the Public Improvements. The Developer shall prepare or cause to be prepared the Plans and Specifications for the Public Improvements. Prior to the commencement of construction or implementation of the Public Improvements, the Plans and Specifications must be submitted to and approved by the City and all other regulatory authorities having jurisdiction. Once the City has approved the Plans and Specifications, no changes thereto can be made without the express written approval of the City, the Zone Board, and the La Porte Authority. 4.3 Com lets tion. On the later of completion of the construction of the Public Improvements or thirty days after this Agreement is executed, Developer shall provide the LaPorte Authority and the City with a Anal cost summary of all costs associated with such Public Improvements, a certificate of Completion and evidence that all amounts owing to contractors and subcontractors have been paid in full evidenced by customary affidavits executed �_. by such contractors. 3 HOU:2322718.7 4.4 Conveyance of Easements. If applicable, the Developer shall grant the City and the La Porte Authority all required temporary construction and access easements necessary to maintain the Public Improvements. The easements granted must be satisfactory for the intended purpose as determined by the City. On property owned by the La Porte Authority, the La Porte Authority shall grant the Developer at no cost all required temporary construction and access easements necessary to install the Public Improvements. 4.5 Payment of Fees. If applicable, Developer agrees to pay any monthly rates and charges for water and sewer services and shall pay all applicable City building permit fees for the Public Improvements. 4.6 Cooperation. Developer agrees that it will cooperate with the La Porte Zone and the LaPorte Authority and Developer will provide all necessary information to the La Porte Authority and its consultants in order to assist the La Porte Authority in complying with the La Porte Agreement, including, without limitation, the completion of the audit and construction audit required therein. 4.7 Ad Valorem Taxes. The Developer agrees that all real property within the Project Site will be valued for taxation in accordance with Section 23.01, Texas Tax Code and as hereinafter may be amended, and that it will not request such property to be valued for taxation on the basis of inventory as permitted by Section 23.12, Texas Tax Code and as hereinafter may be amended. 4.8 Desio and Completion of Public Improvements prior to Effective Date. Prior to the effective date of this Agreement, the Developer has committed and expended fiends in amounts for Public Improvements described in Exhibit B, in reliance upon the City's commitment to establish the Zone and the La Porte Authority's commitment to pay or reimburse such costs in accordance with the terms herein, but no other contract has heretofore been entered into by the Developer with the LaPorte Authority or the LaPorte Zone to provide for such expenditures and reimbursement. The Developer represents that the fair market value of the work and property resulting from the funds so committed or expended and benefiting the La Porte Authority and the La Porte Zone is at least equal to the amounts so committed and expended, respectively. In order to compromise and settle all claims the Developer may have arising out of any failure by the La Porte Authority and La Porte Zone to reimburse funds heretofore expended by the Developer for such Public Improvements, by entering into this Agreement, (A) the La Porte Authority and the LaPorte Zone agree to reimburse the Developer for Project Costs of such Public hmprovements paid or incurred prior to the date hereof in a total amount of committed funds specified in Exhibit B plus financing costs and/or interest as set forth in Section 6.1 below, attributable thereto in accordance with and subject to the other provisions hereof, without admitting liability of any kind on their part, and (B) the Developer releases and discharges the La Porte Authority and the LaPorte Zone from all claims of any nature the Developer might make, now or in the fixture, arising out of any failure by the La Porte Authority and La Porte Zone to pay or 7 HOU:2322718.7 reimburse the Developer for any other work done prior to the date hereof or in any greater amount or on any other conditions for work performed in connection with Public Improvements prior to the date hereof. 49 Chan es in Project. The Developer shall not awake any change in the Project as to the uses of the property or change the boundaries within the Project Site without the express written consent of the City, the La Porte Board and the Zone Board. 4.10 No Vested Rights. The Developer expressly understands and agrees that neither this Agreement nor any approvals required herein shall be construed as a "permit," as defined in Section 245.001 of the Texas Local Government Code, or an application therefor, and, as such, the Developer has no vested right as a "permit" in any order, regulation, ordinance, rule, expiration date or other requirement in effect at the time of execution of this Agreement or at the time any approval pursuant to the terms hereof is obtained. To this end, Developer, for itself, its officers, agents, employees, successors and assigns, hereby releases and holds harmless the City, the La Porte Authority and the La Porte Zone from any claim or cause of action involving vested rights, including, but not limited to, such a right claimed pursuant to Chapter 245 of the Texas Local Government Code, arising out of this Agreement or the approvals required to be obtained herein. ARTICLE 5 DUTIES AND RESPONSIBILITIES OF THE LA PORTE AUTHORITY 5.1 La Porte Authority Contributions. The La Porte Authority shall pay or reimburse ( to Developer the Project Costs in the amount of the actual costs of the Public Improvements as more particularly described in and as provided by Articles 3 and 4. The total, actual Project Costs of the Public Improvements, for which the La Porte Authority shall be responsible under the terms of this Agreement, is estimated to be $11,746,000. Attached hereto as Exhibit B is a detailed description of the engineering estimates of the Public Improvements. The Project Costs shall be financed and funded in accordance with Article 6 hereof In the event a portion of the Public Improvements is determined to be ineligible under the Act, the Project Costs shall be reduced by the amount of such ineligible Public Improvements. If the LaPorte Authority has already repaid Developer for such ineligible Public Improvements in accordance with this Agreement, the Parties agree that Developer shall reimburse the LaPorte Authority for such repayment within thirty (30) days of receipt of an invoice from the LaPorte Authority and all such sums shall bear interest at the rate established in Section 6.1(F) from the dale past due until the date of such reirnbursemerit. Should the Developer fail to timely pay such amount, the La Porte Authority may, in its sole discretion, withhold the amount due, including accrued interest, from future Contract Progress Payments. 5.2 Project Costs. The La Porte Authority shall pay or reimburse the Project Costs in accordance with this Agreement. In the event the La Porte Authority does not have funds available at the time all or part of the Project Costs are payable by the LaPorte Authority in accordance with. this Agreement, the Project Costs shall be funded in accordance with Article 6 hereof, and such funding shall not be deemed a default by the La Porte Authority under this Agreement. M HOU:232271$.7 ARTICLE 6 PUBLIC IMPROVEMENTS FINANCING AND FUNDING 6.1 Developer Advances. (A) Developer shall advance sufficient fands as such become due for all costs comprising the Project Costs including, without limitation, all costs of design, engineering, materials, labor, construction, and inspection arising in connection with the Public Improvements, including all payments arising under any contracts entered into by Developer pursuant to this Agreement, all costs incurred in connection with obtaining governmental approvals, certificates or permits (including any building permit fees) required as a part of any contracts entered into in accordance with this Agreement and all related legal fees incurred in connection therewith. (B) The Developer must submit, within sixty (60) days after the latest of recording a final plat of property within the Project Site, signing this Agreement, or completing an identifiable segment of Public Improvements not subject to the platting requirements of the City, a request for a Contract Progress Payment when an identifiable segment of Public Improvements has been completed. Documentation of cost and completion shall be forwarded to the La Porte Authority. The La Porte Authority, at its expense, shall hire a certified public accountant to calculate the amount due Developer and shall prepare and submit, within a reasonable time, a report to the La Porte Board and send a copy to the City Manager. Requests for Contract Progress Payments shall be submitted only when an identifiable segment of Public Improvements has been completed and shall be submitted no more often than once every sixty (60) days. If the La Porte Authority does not have sufficient funds to pay any Contract Progress Payment within 30 days of the date the certified public accountant's report is received by the La Porte Board, Developer shall be deemed to have advanced such amount to the La Porte Authority as of the date actually expended by the Developer. Interest (as defined in Subsection 6.1(F)) on each Developer Advance made pursuant to this Subsection shall accrue from the date the Developer expended the farads and shall accrue for a maximum period of five (5) years from such date. At such time as fands are available to pay all or any portion of the Developer Advances made hereunder, the La Porte Authority, at its expense, shall hire a certified public accountant to calculate the amount due Developer and shall prepare and submit a report to the La Porte Board and send a copy to the City Manager certifying (1) the amount due Developer for the Developer Advances being repaid with interest calculated thereon as specified herein and (2) that funds are available to make such payment. Upon receipt of such report, the La Porte Board shall promptly authorize and make payment to Developer. (C) If, upon Completion of the Public Improvements and conveyance of the Public Improvements to the La Porte Authority, or the City, as applicable, the La Porte Authority does not have sufficient funds to reimburse to Developer the unpaid balance of the Project Costs, Developer shall4be deemed to have advanced to the La Porte Authority an amount equal to the difference between (i) the amount of the Project Costs which has been previously paid by the La Porte Authority to Developer and (ii) the final cost of the 0 HOU:2322718.7 Public Improvements as evidenced by documentation approved by the La Porte Board in accordance with Section 4.3. (D) Each Developer Advance shall be evidenced by a certificate in the form attached hereto as Exhibit C. (E) The La Porte Authority shall begin repaying the Developer Advances, and shall continue such repayment until repaid in full, on the earliest date that funds are available from any of the following sources. (1) proceeds of any applicable bank loan; (2) proceeds from the sale of applicable La Porte Authority Bonds; or (3) the available Tax Increment Revenue Fund attributable to the Project. (F) Subject to the limitations described in Section 6.1(B) hereof, interest on each Developer Advance shall accrue at the prune rate of JPMorgan Chase Bank. Interest shall be calculated on the basis of a year of 360 days and the actual days elapsed (including the first day but excluding the last day) occurring in the period for which such interest is payable, unless such calculation would result in a usurious rate, in which case interest shall be calculated on the per annum basis of a year of 365 or 366 days, as applicable, and the actual days elapsed (including the first day but excluding the last day). In no case shall the interest rate exceed one percent per month. t (G) The La Porte Authority's obligation to pay the Developer Advances or reimburse the Developer for Project Costs is limited to any Pledged Available Tax Increment. The rights of Developer in and to the Pledged Available Tax Increment granted herein are subject only to (i) the rights of any holders of bonds, notes or other obligations that have been heretofore or are hereafter issued by the City or any other participating taxing unit that are payable from and secured by a general levy of ad valorem taxes throughout the taxing jurisdiction of the City or any other participating taxing unit, (ii) the rights of any of the holders of bonds and notes that are hereafter issued or incurred by the LaPorte Authority and which are secured by a pledge of the Tax Increment Revenue Fund, and (ni) the rights of any of the holders of notes that are hereafter issued or incurred by the La Porte Authority, which axe secured by a pledge, all or a part, of the Tax Increment Revenue Fund, the proceeds of which are used solely to fund the annual operating and administration budget of the La Porte Authority approved by the LaPorte Board and the City Council of the City. Except in the event that sufficient tax increment increase does not occur within the term of the Zone or within the Project Site to generate sufficient revenue to repay the Developer Advance(s), it shall be the obligation of the La Porte Authority to repay the Developer Advances and accrued interest thereon as set forth in this Agreement from the Pledged Available Tax Increment until such time as the Developer Avances and accrued interest thereof incurred pursuant to this Agreement, have been fiilly repaid or provision for payment thereon to Developer shall have been made in accordance with their terms. The Developer Advances constitute a special obligation of the La Porte Authority payable solely from the Pledged Available 10 HOU:2322718.7 Tax Increment as and to the extent provided in this Agreement. The Developer Advances do not give rise to a charge against the general credit or taxing powers of the La Porte Authority, the LaPorte Zone, the City, the County or any other Taxing Unit and is not payable except as provided in this Agreement. Developer, its successors and assigns, shall not have the right to demand payment thereof out of any funds of the La Porte Authority other than the Pledged Available Tax Increment or sources described in Section 6.1(E). (H) The La Porte Authority will evaluate and consider bond issues to reimburse the Developer upon the following circumstances: (1) Projected incremental revenue generates 1.25 times coverage for the bonds over projected annual debt service; (2) Projected incremental revenue will be calculated by multiplying estimated or certified incremental value from the appraisal district by the participant(s) tax rate(s) divided by 100 tinges one minus a reasonable historical tax collection factor times one minus the City set aside percentage; (3) A reserve fund equal to maximum annual debt service must be funded from the bond proceeds; (4) Adequate cash or capitalized interest must be set aside to assure payment of the bonds through the date of the next increment payment; and (5) The minimum bond size will be that size that after funding the Reserve Fund, any capitalized interest and any costs of issuance will allow for a reimbursement to the developer of at least $1.5 million plus developer interest. (1) The La Porte Authority shall not issue obligations in accordance with this Article unless the resulting debt service requirements on all La Porte Zone obligations may be paid in full when due from all money then on deposit in or thereafter required to be deposited to the Property Account during the term of such Zone obligations, assuming that (a) the rates at which property taxes are levied by all taxing units required to make deposits to the Tax Incfement Fund do not change from the rates at which they most recently levied property taxes, (b) the assessed value of taxable property (net of exemptions) within the Property does not change from the amount then most recently estimated or certified 'by the Harris 'County Appraisal District, (c) all amounts deposited (or required to be deposited) to the Property Account bear interest at the City's investment rate until expended, (d) proceeds of such obligations are deposited to and set aside in the Property Account as capitalized interest in the amount requested by the Developer and approved by the City Manager, and (e) the Property Account is expended in each year to pay administrative expenses of the La Porte Zone in an amount equal to the product of (i) the total amount of such expenses budgeted in the La Porte Zone's most recent operating budget and (ii) a fraction, the numerator of which is the current Tax 11 HOU:2322718.7 Increment attributable to the Property and the denominator of which is the total current Tax Increment. (J) The La Porte Authority shall provide to Developer, upon the written request of Developer, and on the earliest date such information is available after the date of such request, certified copies of all statements of revenue attributable to the Developer's portion of the Project and the source of such revenue of the La Porte Zone and of the La Porte Authority the intended use of which is to verify the availability of funds for payment of the Project Costs or Developer Advances, if applicable, under this Section. (K) The La Porte Zone and the La Porte Authority shall use commercially reasonable efforts to cause each Taxing Unit to collect all ad valorem taxes due on property located within the LaPorte Zone and shall use commercially reasonable efforts to cause such Taxing Units to deposit all tax increments due with the City for transfer to the Tax Increment Revenue Fund pursuant to the La Porte Agreement. ARTICLE 7 INSURANCE; RELEASE 7.1 Insurance. With no intent to limit any contractor's liability or obligation for indemnification, the Developer shall require that each contractor providing work or service on the Public Improvements provide and maintain certain insurance in full force and, effect at all times during the construction of the Public Improvements and shall require that the City, the La Porte Authority, and the La Porte Zone are named as additional insured's under such contractor's insurance policies. The insurance, at a minimum, must include the following coverage's and limits of liability: Coverage Worker's Compensation Employer's Liability Comprehensive General Liability: Including Broad Form Coverage, Contractual Liability, Bodily and Personal Injury, and Completed Operations (for a period of one year after completion of work) Automobile Liability Insurance (for automobiles used in performing under this Agreement, including Employer's HOU_2322718.7 Limit of Liabili Statutory Bodily Injury by Accident $100,000 (each accident) Bodily injury by Disease $500,000 (policy limit) Bodily injury by Disease $100,000 (each employee) Bodily Injury and Property Damage, Combined Limits of $500,000 each Occurrence and $1,000,000 Aggregate $500,000 Combined Single Limit per Occurrence 12 Non Ownership and Hired Auto Coverage) Professional Liability Coverage (for $500,000 per occurrence $1,000,000 aggregate professional service contract only) Defense costs are excluded from the face amount of the policy. Aggregate Limits are per 12 month policy period unless otherwise indicated. If the amount of any contract awarded by Developer to construct the Public Improvements shall exceed $1,000,000, Developer shall contract with the contractor to maintain Commercial General Liability coverage and the Auto Liability coverage for at least twice the combined minimum limits specified above. The amounts of the insurance required herein shall be reviewed on the fifth (5t') anniversary date of this Agreement and each fifth (5th) year thereafter until the construction of the Project is completed and shall be increased, if necessary, so that the amount of such coverage is at all tunes generally equal to the limits described herein measured in year 2006 dollars. (A) Form of Policies. The La Porte Board may approve the form of the insurance policies, but nothing the La Porte Board does or fails to do relieves Developer of its obligation to provide the required coverage under this Agreement. The La Porte Board's actions or inactions do not waive the La Porte Zone's or La Porte Authority's rights under this Agreement. (B) Issuers of Policies. The issuer of each policy shall have a certificate of authority to transact insurance business in Texas or a Best's rating of at least A and a Best's Financial Size Category of Class VI or better, according to the most current edition Best's Key Rating Guide, Property Casualty United States. (C) Insured Parties. Each policy, except those for Workers' Compensation, Employer's Liability, and Professional Liability, must name the La Porte Authority, its officers, agents and employees as additional insured parties on the original policy and all renewals or replacements. (D) Deductibles. Developer shall be responsible for and bear (or shall contract with each applicable contractor to bear and assume) any claims or losses to the extent of any deductible amounts and waives (and shall contract with each contractor to waive) any claim it may have for the same against the LaPorte Authority or LaPorte Zone, its officers, agents, or employees. (E) Cancellation. Each policy must state that it may not be canceled, materially modified, or non -renewed unless the insurance company gives the LaPorte Authority 30 days' advance written notice. Developer shall (and shall contract with each contractor to) give written notice to the La Porte Authority within five days of the date on which total claims by any party against such person reduce the aggregate amount of coverage below the amounts required by this Agreement. In the alternative, the policy 13 HOU:2322718.7 may contain an endorsement establishing a policy aggregate for the particular Public Improvements or location subject to this Agreement. (F) Subro ag tion. Each policy must contain an endorsement to the effect that the issuer waives any claim or right of subrogation to recover against the La Porte Authority, the La Porte Zone, its officers, agents, or employees. (G) Priniga Insurance Endorsement. Each policy, except Workers' Compensation and Professional Liability (if any), must contain an endorsement that the policy is primary to any other insurance available to the additional insured with respect to claims arising under this Agreement. (H) Liability for Premium. Developer shall pay (or shall contract with contractors to pay) all insurance premiums for coverage required by this Section, and the La Porte Authority or La Porte Zone shall not be obligated to pay any premiums. (I) Subcontractors. Notwithstanding the other provisions of this Section, the amount of coverage contracted to be provided by subcontractors shall be commensurate with the amount of the subcontract, but in no case less than $500,000 per occurrence. Developer shall provide (or shall contract with contractors to provide) copies of insurance certificates to the La Porte Authority. (J) Proof of Insurance. Promptly after the execution of this Agreement and from time to time during the term of this Agreement at the request of the LaPorte ( Authority, Developer shall furnish the La Porte Authority with certificates of insurance maintained by Developer in accordance with this Section. If requested in writing by the LaPorte Authority, Developer shall furnish the City with certified copies of Developer's actual insurance policies. If Developer does not comply with the requirements of this Section, the La Porte Authority, at its sole discretion, may (1) suspend performance by the La Porte Authority hereunder and begin procedures to terminate this Agreement for default or (2) purchase the required insurance with La Porte Authority or La Porte Zone funds and deduct the cost of the premiums from amounts due to Developer under this Agreement. The La Porte Authority shall never waive or be estopped to assert its right to terminate this Agreement because of its acts or omissions regarding its review of insurance documents. T2 Indemnification and Release. DEVELOPER SHALL DEFEND, INDEMNIFY, AND HOLD THE LA PORTE AUTHORITY, THE CITY AND THE LA PORTE ZONE, THEIR AGENTS, EMPLOYEES, OFFICERS, AND LEGAL REPRESENTATIVES (COLLECTIVELY, THE "INDEMNIFIED PERSONS") HARMLESS FOR ALL CLAIMS, CAUSES OF ACTION, LIABILITIES, FINES, AND EXPENSES (INCLUDING, WITHOUT LIMITATION, REASONABLE ATTORNEYS' FEES, COURT COSTS, AND ALL OTHER DEFENSE COSTS AND INTEREST) FOR INJURY, DEATH, DAMAGE, OR LOS TO PERSONS OR PROPERTY SUSTAINED IN CONNECTION WITH OR INCIDENTAL TO PERFORMANCE UNDER THIS AGREEMENT, INCLUDING, WITHOUT LIMITATION, THOSE CAUSED BY: �i 14 HOU:2322718.7 (A) DEVELOPER'S AND/OR ITS AGENTS', EMPLOYEES', OFFICERS', DIRECTORS', CONTRACTORS', OR SUBCONTRACTORS' (COLLECTIVELY, "-DEVELOPER'S") ACTUAL OR ALLEGED SOLE AND/OR CONCURRENT NEGLIGENCE OR INTENTIONAL ACTS;; (B) THE INDEMNIFIED PERSONS' AND DEVELOPER'S ACTUAL OR ALLEGED CONCURRENT NEGLIGENCE AND/OR GROSS NEGLIGENCE, WHETHER DEVELOPER IS IMMUNE FROM LIABILITY OR NOT; AND (C) THE INDEMNIFIED PERSONS' AND DEVELOPER'S ACTUAL OR ALLEGED STRICT PRODUCTS LIABILITY OR STRICT STATUTORY LIABILITY, WHETHER DEVELOPER IS IMMUNE FROM LIABILITY OR NOT. IT IS THE EXPRESSED INTENTION OF THE PARTIES HERETO THAT THE INDEMNIFICATION PROVIDED FOR IN THIS SECTION IS AN INDEMNITY BY THE DEVELOPER TO INDEMNIFY AND PROTECT THE INDEMNIFIED PERSONS FROM THE CONSEQUENCES OF THE INDEMNIFIED PERSONS' OWN NEGLIGENCE, INCLUDING GROSS NEGLIGENCE, WHERE THAT NEGLIGENCE IS A CONCURRING CAUSE OF THE RESULTING INJURY, DEATH OR DAMAGE. FURTHERMORE, THE INDEMNITY PROVIDED FOR IN THIS PARAGRAPH SHALL HAVE NO APPLICATION TO .ANY CLAIM, LOSS, DAMAGE, CAUSE OF ACTION, SUIT AND LIABILITY WHERE THE INJURY, DEATH OR DAMAGE RESULTS FROM THE SOLE NEGLIGENCE OF THE INDEMNIFIED PERSONS UNMIXED WITH THE FAULT OF ANY OTHER PERSON OR ENTITY. THE INDEMNITY PROVIDED FOR IN THIS SECTION 7.2 SHALL SURVIVE THE TERMINATION OR EXPIRATION OF THIS AGREEMENT. If an Indemnified Person or Developer receives notice of any claim or circumstance which could give rise to an indemnified loss, the receiving party shall give written notice to the other party within 30-days. The notice must include a description of the indemnification event in reasonable detail, the basis on which indemnification may be due, and the anticipated amount of the indemnified loss. This notice shall not estop or prevent an Indemnified Person from later asserting a different basis for indemnification or a different amount of indemnified loss than that indicated in the initial notice. If an Indemnified Person does not provide this notice within the 30-day period, it does not waive any right to indemnification except to the extent that Developer is prejudiced, suffers loss, or incurs expense because of the delay. For those matters for which the Developer. has the obligation to defend an Indemnified Person pursuant to this Section 7.2, Developer shall assume the defense of the claim at its own expense with counsel chosen by it that is on the approved list established by the Texas Municipal League or that is otherwise approved by the City. Within. 10 days after receiving written notice of the indemnification request, Developer shall advise the Indemnified Person as to the chosen counsel. If Developer does not properly totify the Indemnified Persons as required above, the Indemnified Person shall assume and control the defense, and all defense expenses actually incurred by it shall constitute an indemnified loss, which must be paid by the Developer within thirty (30) days of receipt of an invoice from an Indemnified Person. Such indemnified loss shall 15 HOU:232271 M bear interest at the rate, but not the time, established in ,Section 6.1 (F) from the due date noted in the invoice until the date of payment. Should the Developer fail to timely pay such amount, the La Porte Authority may, in its sole discretion, withhold the amount due, Including accrued interest, from future Contract Progress Payments. If Developer defends a claim against any Indemnified Person, the Indemnified Person may retain separate counsel at the sole cost and expense of such Indemnified Person to participate in (but not control) the defense and to participate in (but not control) any settlement negotiations. Developer may not settle the claim without the consent or agreement of the Indemnified Person, unless such settlement is at no cost to the Indemnified Person and no judgment is entered against any Indemnified Person. DEVELOPER RELEASES EACH INDEMNIFIED PERSON FROM ALL LIABILITY FOR INJURY, DEATH, DAMAGE, OR LOSS TO PERSONS OR PROPERTY SUSTAINED IN CONNECTION WITH OR INCIDENTAL TO PERFORMANCE UNDER THIS AGREEMENT, EVEN IF THE INJURY, DEATH, DAMAGE, OR LOSS IS CAUSED BY THE INDEMNIFIED PERSON'S SOLE OR CONCURRENT NEGLIGENCE AND/OR THE INDEMNIFIED PERSON'S STRICT PRODUCTS LIABILITY OR STRICT STATUTORY LIABILITY; PROVIDED, HOWEVER, THIS RELEASE SHALL HAVE NO APPLICATION TO AN INDEMNIFIED PERSON'S FAILURE TO PAY MONIES OWED PURSUANT TO THIS AGREEMENT. FROM AND AFTER THE DATE OF THIS AGREEMENT, DEVELOPER SHALL REQUIRE ALL CONTRACTORS ENGAGED BY IT TO CONSTRUCT PUBLIC IMPROVEMENTS (AND THEIR SUBCONTRACTORS) TO RELEASE AND INDEMNIFY THE INDEMNIFIED PERSONS TO THE SAME EXTENT AND IN THE SAME FORM AS ITS RELEASE OF AND INDEMNITY TO THE INDEMNIFIED PERSONS HEREUNDER. THE DEVELOPER SHALL REQUIRE ALL GENERAL CONTRACTORS TO POST PAYMENT AND PERFORMANCE BONDS IN THE AMOUNT OF THE PROJECT COST AND ONE YEAR MAINTENANCE BONDS AS DEEMED APPROPRIATE BY THE LA PORTE AUTHORITY. ARTICLE 8 DEFAULT 8.1 Default. (A) If the LaPorte Authority or the LaPorte Zone does not perform its obligations hereunder in compliance with this Agreement in all material respects, in addition to the other rights given the Developer under this Agreement, the Developer may enforce specific performance of th Agreement for any such default if such default is not cured or is not commenced and diligently pursued within thirty (90) days after receipt by the La Porte Authority and the La Porte Zone of a written notice detailing the event of default. Failure of a project to generate sufficient tax increment increase to repay 16 xoU:23227s.7 Developer Advances is not a default on the part of the La Porte Authority or the La Porte Zone. (B) In the event the Developer completes the Public Improvements and the Project but does not otherwise perform its obligations hereunder as provided in Article 4 in compliance with this Agreement, in addition to the other rights and remedies the La Porte Authority and the La Porte Zone may have under this Agreement or in law or equity, the La Porte Authority and/or the LaPorte Zone may enforce specific performance or seek actual damages incurred for any such default if such default is not cured within thirty (30) days after receipt by Developer of a written notice of default or such cure is not commenced within ten (10) days after receipt by Developer of a written notice of default and thereafter diligently prosecuted to completion as determined in the discretion of the La Porte Authority. ARTICLE 9 GENERAL 9.1 Inspections, Audits. The Developer agrees to keep such operating records relating to the Public Improvements as may be required by the La Porte Authority, or by state and federal law or regulation for a period not to exceed four (4) years after completion unless otherwise required by law. The Developer shall allow the La Porte Authority and the La Porte Zone access to documents and records in the Developer's possession, custody or control that the La Porte Authority deems necessary to assist the LaPorte Authority in determining the Developer's compliance with this Agreement. 9.2 Developer Operations_ and Employ. No personnel supplied or used by the Developer in the performance of this Agreement shall be deemed employees, agents or contractors of the La Porte Authority, the La Porte Zone or the City for any purpose whatsoever. The Developer shall be solely responsible for the compensation of all such personnel, for withholding of income, social security and other payroll taxes and for the coverage of all worker's compensation benefits. Under no circumstance shall the LaPorte Authority, the La Porte Zone, or the City be deemed responsible for compensation of the above. 9.3 Personal Liabilily of Public Officials. To the extent not limited by State law, no director, officer, employee or agent of the LaPorte Zone or the LaPorte Authority, and no officer, employee or agent of the City, shall be personally responsible for any liability arising under or growing out of the Agreement. 9.4 Notices. Any notice sent under this Agreement (except as otherwise expressly required) shall be written and mailed via certified mail, return receipt requested, or sent by electronic or facsimile transmission confirmed by mailing written confirmation via certified mail, return receipt requested -at substantially the same time as such electronic or facsimile transmission, or personally delivered to an officer of the receiving party at the following addresses: 17 HOU:232271 S.7 CITY City Manager City of La Porte 604 West Fairmont Parkway LaPorte, Texas 77571 FAX: 281-842-1259 with a copy to: City Attorney City of La Porte 604 West Fairmont Parkway LaPorte, Texas 77571 FAX: (281) 471-2047 LA PORTE ZONE Reinvestment Zone Number One, City of La Porte, c/o City of La Porte 604 West Fairmont Parkway LaPorte, Texas 77571 Attn: John Joerns FAX: (281) 471-2047 r LA PORTE AUTHORITY'' La Porte Redevelopment Authority c/o City of La Porte 604 West Fairmont Parkway LaPorte, Texas 77571 Attn: John Joerns FAX: (281) 471-2047 DEVELOPER Retreat at Bay Forest LP 16000 Memorial Drive #100 Houston, Texas 77079 FAX: (713) 910-1111 Attn: Donald J. Meeks Each party may change its address by written notice in accordance with this Section. Any communication addressed and mailed in accordance with this Section shall be deemed to be given when so mailed, any notice so sent by electronic or facsimile transmission shall be deemed to be given when receipt of such transmission is acknowledged, and any communication so delivered in person shall be deemed to be given when receipted for by, or actually received by, the City, the La Porte Zone, the La Porte Authority or the Developer, as the case may be. 9.5 Amendments and Waivers. Any provision of this Agreement may be amended or waived if such amendment or waiver is in writing and is signed by the LaPorte Zone, the 18 HOU2322718.7 LaPorte Authority and the Developer. No course of dealing on the part of the Developer, nor any failure or delay by the Developer with respect to exercising any right, power or privilege of the Developer under this Agreement shall operate as a waiver thereof, except as otherwise provided in this Section. 9.6 Successors and Assigns. All covenants and agreements contained by or on behalf of the LaPorte Authority and the LaPorte Zone in this Agreement shall bind their successors and assigns and shall inure to the benefit of the Developer and its successors and assigns. The LaPorte Authority and the La Porte Zone may assign its rights and obligations under this Agreement or any interest herein, with the prior written consent of the Developer. The Developer may sell or otherwise transfer the Project with the prior written consent of the LaPorte Authority and the LaPorte Zone. Provided, however, any such purchaser or assignee must specifically assume all of the obligations of the Developer hereunder; notwithstanding, if the Developer is in compliance with this Agreement prior to the assignment, the Developer may retain the right to be reimbursed for actual costs of Project Costs, which are then accrued and vested in the Developer. If such assignment of the obligations by the Developer hereunder is effective, the Developer shall be deemed released from such obligations. If any assignment of the obligations by the Developer hereunder is deemed ineffective or invalid, the Developer shall remain liable hereunder. Nothing in this section shall be construed so as to prevent the Developer from selling any portion of the Project for which a final plat has been approved and recorded in the records of the county clerk. 9.7 Exhibits; Titles of Articles Sections and Subsections. The exhibits attached to this Agreement are incorporated herein and shall be considered a part of this Agreement for the purposes stated herein, except that in the event of any conflict between any of the provisions of such exhibits and the provisions of this Agreement, the provisions of this Agreement shall prevail. All titles or headings are only for the convenience of the parties and shall not be construed to have any effect or meaning as to the agreement between the parties hereto. Any reference herein to a Section or Subsection shall be considered a reference to such Section or Subsection of this Agreement unless otherwise stated. Any reference herein to an -exhibit shall be considered a reference to the applicable exhibit attached hereto unless otherwise stated. 9.8 Construction. This Agreement is a contract made under and shall be construed in accordance with and governed by the laws of the United States of America and the State of Texas. 9.9 Venue. All parties hereby irrevocably agree that any legal proceeding arising out of or in connection with this Agreement shall only be brought in the District Courts of Harris County, Texas or in the United States District Court for the Southern District of Texas, in Houston, Texas. 9.10 Severabi.lity. All parties agree that should any provision of this Agreement be determined to be invalid or unenforceable, such determination shall not affect any other term of this Agreement, which shall continue in fl force and effect. 9.11 No Third Party Beneficiaries. This Agreement shall not bestow any rights upon any third party, but rather, shall bind and benefit the Parties hereto only. 19 HOU:2322718.7 9.12 Authority to Enter Contract. Each party has the full power and authority to enter into and perform this Agreement, and the person signing this Agreement on behalf of each party has been properly authorized and empowered to enter into this Agreement. The persons executing this Agreement hereby represent that they have authorization to sign on behalf of their respective corporations, or limited partnerships. 9.13 No Partnership. Nothing herein contained shall be construed or held to make the Parties hereto partners in the conduct of any business. 9.14 Entire Agreement. This written agreement represents the final agreement between the parties, unless later amended in writing and signed by the parties and may not be contradicted by evidence of prior, contemporaneous, or subsequent oral agreements of the parties. There are no unwritten oral agreements between the parties. 9.15 Ambiguities. In the event of any ambiguity in any of the terms of this Agreement, it shall not be construed for or against any party hereto on the basis that such party did or did not author the same. 9.16 Non -Waiver. Failure of either party hereto to insist on the strict performance of any of the agreements contained herein or to exercise any rights or remedies accruing hereunder upon default or failure of performance shall not be considered a waiver of the right to insist on and to enforce by an appropriate remedy, strict compliance with any other obligation hereunder or to exercise any right or remedy occurring as a result of any future default or failure of performance. 9.17 _Multiple Originals. It is understood and agreed that this Agreement may be executed in a number of identical counterparts each of which shall be deemed an original for all purposes. 9.18 Term. This Agreement shall be in force and effect from the date of execution hereof for a term expiring on the later of (i) December 31 in the year following Completion of the Public Improvements pursuant to Section 4.3 hereof or (ii) the date the Developer Advances have been repaid in full. It is expressly understood and agreed that Section 7.2 shall not expire but shall remain in full force and effect regardless of the termination of this Agreement. If the La Porte Authority is dissolved, the La Porte Agreement requires that the City shall make satisfactory arrangements to provide for the payment of the obligations to the Developer of the La Porte Authority hereunder. 9.19 _Approval by the Parties. Whenever this Agreement requires or permits approval or consent to be hereafter given by any of the parties, the parties agree that such approval or consent shall not be unreasonably withheld or delayed. 9.20 Additional Actions. Thej Parties agree to take such actions, including the execution and delivery of such documen , instruments, petitions and certifications as may be necessary or appropriate, from time to time, to carry out the terms, provisions and intent of this Agreement and to aid and assist each other in carrying out said terms, provisions and intent. 20 HOU:23227I8.7 IN WITNESS WHEREOF, the parties hereto have caused this instrument to be duly executed as of the day of , 2007. REINVESTMENT ZONE NUMBER ONE, CITY OF LA PORTE By:_ Name: Title: ATTEST: By: Name: Title: THE STATE OF TEXAS § COUNTY OF HARRIS § BEFORE ME, the undersigned authority, on this day personally appeared , known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the day of , 2007. Notary Public in and for The State of Texas (SEAL) 21 xoa:232271M LA PORTE REDEVELOPMENT AUTHORITY By:_ Name: Title: ATTEST: By: Nanae:_ Title. THE STATE OF TEXAS § COUNTY OF HARRIS § BEFORE ME, the undersigned authority, on this day personally appeared known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the day of , 2007. Notary Public in and for The State of Texas (SEAL) 22 xou:2322718.7 DEVELOPER RETREAT AT BAY FOREST LP, a Texas limited partnership By: Donald J. Meeks THE STATE OF TEXAS § COUNTY OF HARRIS § BEFORE ME, the undersigned authority, on this day personally appeared , known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. GWEN UNDER MY HAND AND SEAL OF OFFICE, this the day of , 2007. (SEAL) I Notary Public in and for The State of Texas HOU23227183 23 EXHIBIT A PROJECT SITE (Property Description) A-1 HOU-23227I8.7 EXHIBIT B THE TIRZ IMPROVEMENTS Unit Estimated South Cost Cost 24" RCP 14 LF $ 70.00 $ 980.00 24" HDPE 37 LF $ 36.00 $ 1,332.00 Pilot Channel 324 LF $ 26.66 $ 8,637.84 Rip Rap 10 CY $ 40.00 $ 400.00 Storm Sewer Manhole 1 EA $ 2,000.00 $ 2,000.00 Headwall 2 EA $ 1,400.00 $ 2,800.00 Concrete Apron 1 SY $ 39.00 $ 9.00 Excavation 3,936 CY $ 5.00 $ 19,680.00 Sanitary Sewer Manholes 1 EA $ 2,000.00 $ 2,000.00 8" Water Line 44 LF $ 30.90 $ 1,359.60 8x8 Tap & Sleeve Valve 1 EA $ 2,800.00 $ 2,800,00 16" Bore & Steel Casing 66 LF $ 360.00 $ 23,760.00 Sub Total $ 65,788.44 North Concrete Pavement 194 SY $ 29.00 $ 5,626.00 6" Lime Subgrade 284 SY $ 4.00 $ 1,136,00 6" Concrete Curb 30 LF $ 2.40 $ 72.00 4' Concrete Walk 60 SY $ 35.00 $ 2,100.00 18" RCP 110 LF $ 61.00 $ 6,710.00 24" RCP 17 LF $ 70.00 $ 1,190.00 24" HDPE 50 LF $ 36.00 $ 1,800.00 Pilot Channel 191 LF $ 26.66 $ 5,092.06 Storm Sewer Manhole 2 EA $ 2,000.00 $ 4,000.00 18" Pipe End Treatments 4 EA $ 500.00 $ 2,000.00 Headwall 2 EA $ 1,400.00 $ 2,800.00 Concrete Apron 1 SY $ 39.00 $ 39.00 Excavation 3,339 CY $ 5.00 $ 16,695.00 Sanitary Sewer Manholes 1 EA $ 2,000.00 $ 2,000.00 8" Sanitary Sewer Pipe 165 LF $ 32.00 $ 5,280.00 8" Water Line 154 LF $ 30.90 $ 4,758.60 8x8 Tap & Sleeve Valve 1 EA $ 2,800.00 $ 2,800.00 16" Bore & Steel Casing 54 LF $ 360.00 $ 19,440.00 Sub Total $ 83,638.66 Engineering $ 15,172.79 Total $ 164,499.89 HOU2322718.7 EXTIIBIT C CERTIFICATE OF ADVANCE This Certificate is issued under that certain Development Agreement (the "Development Agreement") by and between the La Porte Redevelopment Authority (the "Authori "), Reinvestment Zone Number One, City of La Porte (the "Zone"), and Retreat at Bay Forest LP ("Developer") dated , 2007. Capitalized terms used in this Certificate shall have the meaning provided for in the Development Agreement. This Certificate evidences a Developer Advance under the Development Agreement in the amount of $ for the [describe the project category and nature of work completed] . Interest on the Developer Advance evidenced by this Certificate shall accrue at the prime rate of JPMorgan Chase Bank as described. in the Development Agreement for the period described in 6.1(B) of the Development Agreement and shall be payable in accordance with the Development Agreement. By Developer's execution of this Certificate, Developer represents that it has made the expenditures and completed the work described in this Certificate. Copies of the relevant invoices and other appropriate documentation are attached to this Certificate. By the Authority's execution of this Certificate, the Authority indicates its approval of �f the expenditures and work described in this Certificate and its approval of the matters set forth in this Certificate and recognizes its obligation to repay such Developer Advance together with interest pursuant to the Development Agreement. E HOU:2322718.7 C-1 AGREED TO this day of 52007. LA PORTE REDEVELOPMENT AUTHORITY By: Name: Title: Chairman Board of Directors ATTEST: By: Name - Title: Secretary, Board of Directors THE STATE OF TEXAS s§ f J COUNTY OF HARRIS § BEFORE ME, the undersigned authority, on this day personally appeared known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the day of , 2007. Notary Public in and for The State of Texas (SEAL) G2 HOU:232271 &.7 REINVESTMENT ZONE NUMBER ONE, CITY OF LA PORTE By: Name: Title: Chairman Board of Directors ATTEST: By: Name: Title: Secretary, Board of Directors THE STATE OF TEXAS § COUNTY OF HARRIS § BEFORE ME, the undersigned authority, on this day personally appeared known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the day of , 2007. Notary Public in and for The State of Texas (SEAL) C-3 HOU:2322718.7 DEVELOPER RETREAT AT BAY FOREST LP, a Texas limited partnership By: Donald J. Meeks THE STATE OF TEXAS § COUNTY OF HARRIS § BEFORE ME, the undersigned authority, on this day personally appeared known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the day of , 2007. Notary Public in and for The State of Texas (SEAL) C-4 HOU:2322718.7 LA PORTE REDEVELOPMENT AUTHORITY, CITY OF LA PQ12TE, TEXAS AGENDA MEmoRAINDum TO: La Porte Redevelopment Authority Board of Directors FROM: Executive Director DATE: July 11, 2007 SUBJECT: Agenda Item Materials Consider approval or other action with regard to authority invoices. LA PORTE REDEVELOPMENT AUTHORITY c/o Hawes Hill Calderon LLP P.Q. Box 22167 Houston TX 77227-2167 713-541-0447 or FAX 713-541-9906 - ' EXIST V /'wv------------ LWH I1.a v 100 -00 3}00 o I�- V coNO IMPROVED STREET THIS RIGHT-OF-WAY N : SOUTHTH 12TH STREET (60' R—O—W) I >u 1 UJ CD rill 0 AMERCIAL lft� FRti n Ln 3 N _ r� I" ILLI Lin �Z�u� _I- JIM - r w � I � & Q0 U 'I Ln 11J r co US to O d_ I 00 co Ln �sw CC R �. � a ? � .-�T I Ed � I Co cep - ._ - - iJM 3+00 4-I-00 1+00 U0 EggL E%IyT�SANI'ARY SEWER NANI10lE Lr � � � CIL I-;3a• (E & Wi SOU�1 I3TH STREE�n(80' R-0—W srA aaS� PROP SAA4TATA RY SN Y RT u-J FL 2,39• (5) — �pP EC I5.50 �L 15'= 2..4' (N) llaes Nor Zx(ST CARINEIS ME ay /./Mig 1 -., LIg IN W Mg RENCHENNIg ME End NEI w EMMINAINg .,. .ii r ...... �ti em. MLADONO BEGIR �U 'MIT WO En o RIM Im 5- 1 �Pe oP �WI 1oP�M MLsNNNR SINUS 1RGALDI HOTEL T,eT�P SOUZONE TTIMENNUH STREET H RESERVE T ry N ° nHN oN ,412A4HUNTER SURVEY, n-15 AREju ONNERR: IER GNUVn1 DEVELOPER: GODU IYUOR SUITES STOREROOM U. SPUNc6R CnRNeS, P.L. MM' z �W T K ImoI-- GxWI.. u yrcoow rc z gF0a° w 5 0� U F m I� t ~ N ggi r r r l '.t i s i •'I V WN" k Ink 8f _ ova= Am�ai� I • H ,/ ^ , �y � jl� wt _ jol u t w PROP. 24" (NEEDS 2411) " L" STREET PROP. 36" (NEEDS 24") ilfl 435 LF PROP. 48" (NEEDS 24") "M" STREET 30LF x a r� I �f� Y, EXIST. DETENTION TOTAL DRAINAGE AREA = 19.50 ACRES TIME OF CONCENTRATION = 26.87 MIN. 13 = 3.641N/HOUR 1100 = 6.81 IN/HOUR Q3 = 46.14 CFS Q100 = 86.32 CFS- Pr:MRED DETENTION = 10.73 ACRE -FEE VON sIN I L PROP t 11 y t+ tY (NEEDS 8") NY 400 LF � x �-s h y: IN I „L" STREET 11 IN IN, tD Iz IF IN z. h O -i a •- - . p - s.: *� NO Niplc . L .. . .4a `� �� t (�{l INIF mm NI le {71 1 IN I TOTAL PROJECT AREA = 21.43 ACRES SEWER RATE = 5,000 GAL/ACRE SEWER PRODUCED = 107,150 GAL/DAY=0.17 CFS USE FACTOR OF 'A" TO DESIGN SEWER DESIGN RATE = 0.66 CFS _ DESIGN @ 50% CAPACITY • - D' .IN INN IN NIF IF IF i Li i For ��� IF .: j LIJ PROP 48' WIDE u (NEEDS 40' WIDE), F 540 LFj IF co �. t�i3 °e'• _x�'ciFxx. .,�i,•STR��'_-is±±��,�` �z o ` iA pp IF IF IF IF IF Y$rIF IF IF,IN, INN FFFa IF S IF dF IF FLO IF IN LOO x' 4. f9: ; t er GQLL75TQN ENGINEERING, fNC, 21P South Carsneahus - A 2 Box 2888 Corpus OeWlsb:, TY7s8C£32e88 Phone (Z7) 888-87l10 - Fax 06V 898.8 0G' 4P^1T R#'g$yZA17O&WVR6n.Ql COX July 16, 2007 ItJr. Donald J. Meeks; Jr. Meeks & Partners 16000 Memorial Drive, Suite 100 Houston, TX 77079 RE: Retreat at Bay Forest North and South Subdivision Engineering Synopsis Dear Don: A0503401 The. following timeline and synopsis of engineering services provided to you by Goldston Engineering Inc. is provided per our telephone discussion last week: April 26, 2006 -Final construction plans submitted to the City of La Porte, TX (City) per platting requirements of City. Subdivision public infrastructure plans complete and approved by the City of La Porte, TX. October 25, 2006 —Revised plan submission with Inn overflow analysis submitted to the City for municipal approval. Plan revision included stream flow analysis/conveyance capacity of and proposed improvements to drainage channel between the two subdivisions per directive of Harris County Flood Control District (HCFCD) to City. JaRaary S, 2007 —HEC RAS analysis submitted to City and HCFCD that demonstrated adequacy ofproposed detention and stream conveyance per directive of HCFCD to City. January 22, 2007 —Revised the previous HEC-RAS analysis incorporating minimum detention criteria of HCFCD that provides excess detention capacity per directive of HCFCD to City and consultant. February 21, 2007 — SuSmitted revised subdivision public infrastructure plans and final plats to CiTy based upon revised detention analysis sent to HCFCD on January 22, 2'007. March 15, 2007 —City approved revised subdivision public infrastructure plans and final plats. April 13, 2007 —HCFCD accepted snd approved HEC-RAS report and released Express Review Sheet approval. J:\PROIECTS CC\2005W05034-01 (C)Meela •P6ase 2 Site Developmeafl08-CORRESPONDENCE\OWNERL007 07 16 Retreatat Bay Forest Noah &South Eagineeriug Synop�y����S GNRfSfl • HQ(J$TpN Mr. Don Meeks July 16, 2007 Page 2 The invoices (listed below) for the period beginnitrg in May 2006 to the present are directly related to engineering analysis, plat and plan revisions in order to secure HCFCD release and City acceptance as explained above: Invoice Date Invoice Number Period of Service Invoice Amount July 245 2006 13963 5/26-6/25/07 $29325.34 October 16, 2006 14090 8/26-9/25/06 $33150 November 10,2006 14147 9/26-11/25/06 $15,491.89 December 20, 2006 14208 10/26-11/25/06 $289,10 January 19, 2007 14237 11/26-12/31/06 $25676,00 February 8, 2007 14273 01/01-01/25/07 $6,375.80 March 20,2007 14343 01/26-02/25/07 $2,628.15 April 6,2007 14375 02i26-03/25/07 $2,928.14 May 1, 2007 14402 03/26-04/25/07 $1540.40 Total: $34 87.32 Please do not hesitate to call me if you have any questions. I hope the explanarion grovided in this letter assists you with your TIRZ reimbursement eligibility discussions. Very truly years, . GOLDSTON ENGIlVEERING, INC: Willi. Green, P.E. Engineering Manager WJG/cp J:\PR07ECTS CC�.DOSC405034-01 (C) Meeks -Phase 2 Si[e Development\OS-0ORRESPONDEIVC€\OWNER�2007 D7 16 Revrat at Bay PomstNorth &South Engineerine Synopsis.doc - La Porte Redevelopment Authority Cash Flow Report as of July 11, 2007 Operating Account For Amount Subtotal Total Revenues, 2007 Wire transfer from City of La Porte fund account $ 986.35 Wire transfer from City of La Porte fund account $180,113.08 Deposit, 6129107 (see note below) construction acct $ 986.35 Interest deposit, 5/31107 (4.75%) $ 186.11 Interest deposit, 629107 (4.75%) $ 694,04 Total, revenues $ 182,965.93 Expenses Wire transaction fees bank fees Checks paid: #101 Hawes Hill Calderon LLP admin: inv 2677 #102 La Porte RDA Construction Acct xfer to construction acct Checks outstanding. #103 La Porte RDA Construction Acct correct deposit error Checks submitted for approval: #104 Hawes Hill Calderon admin + exp: inv 2691 #105 Hawes Hill Calderon admin + exp: 'inv 2716 Total, expenses Fund balance, Operating Account as of 7111107 $ 13.00 $ 3,500.00 $ 986.35 $ (4,499.35) $ 986.35 $ (986,35) $ 4,222.02 $ 2,261.83 $ (6,483.85 $ (11,969.55) $ 170,996.38 NOTE: Acting bookkeeper made error in recording the Construction account number on the deposit slip. Check 103 reverses the error. La Porte Redevelopment Authority Cash Flow Report as of ,tune 27, 2007 Operating Account For Amount Subtotal Total Revenues, 2007 Wire transfer from City of La Porte fund account $ 986.35 Wire transfer from City of La Porte fund account $180,113.08 Deposit, 5129/07 (see note below) construction acct $ 986.35 Interest deposit, 5131f07 (4.75%) $ 186.11 $152,271.89 Expenses Wire transaction fees bank fees $ 13.00 Checks paid, #101 Hawes Hill Calderon LLP admin: inv 2677 $ 3,500.00 #102 La Porte RDA Construction Acct xfer to construction acct $ 966.35 $ 4,499.35 Checks submitted for approval #103 LaPorte RDA Construction Acct correct deposit error #104 Hawes Hill Calderon admin + exp: inv 2691 Total, expenses Fund balance, Operating Account as of 6127107 $ 986.35 $ 4,222.02 $ 5,208.37 $ 172,564.17 NOTE., Acting bookkeeper made error in recording the Construction account number on the deposit slip. Check 103 reverses the error. 3tillriiFSillnnmGiI11C:L'Stt4fiYiugriiln1rr111S1rltuululilNillil111Nekl[nl[nSEr �.sa:lsNitd111N11V„V„13StN.i]iWHs][sryHsnVgµ•�in.xreau::[is:,u:ruSwWVsuLtrvuxuli-rrisxiiei]YGNIUIIuIuiS�seR:luliStiGVlwu[uunrulstnvFixiJYiIYH.>luwiLEle�sHurn",.[I�itusH>HIHAWiyyi`.fstmunx:sliinYunlNlliHH6:imnlHNii[:1:117/sl':HHutn4nnntu¢I:I:retu4t11nn1.AfiW4r:4`-rn,.y^ Ili% Pledged Securities .Deport as Of 612912007 AMegyBank CUSiP Security 2�pe Rate maturity Original Face Market Value Pledge Code: 1402 Entity Now. LAPORTEREVEWTAUTHOPERATION Primary Bookkeeper,, Susan dill ,Secoadary Bookkeepea: 31182125Q3 FIR MC GOLD POOL 4 M80855 a 101112010 >$5,000.00 8Z, 721.72 312821?SQ3 RHI,MCGOLD P001,fbM8085S 4 101112010 $1,115,600-00 9606,94Z91 FDIC 87o0,000.00 $100,000,00 TotalPleages: 3 51,220,000.00 -- --S'709,664.63 HiHNMINirnrvru.RNIiHHHiirM,!n,:]a]:n::apllYyii,]ildlialhu�ssµ]tpHNHyus/orzu—.-er;vr.:l;.;y11A1WfRrtuua=e.Fie,gHxNxiNMHuussmruaHitFri-Mi/],INLLY[roux'�s:{inHHHMZiONu'.xcieuc�'GiFUHNRNI]HlAli'nnfaau'axxuHN4Nulllsuuhse� �upurxNMHHxi1Wn].nenrrdd:.vix:leY.YH"lY]rlsuHi;svl,l:ness>:dlYsl�YiFN/vettVeHunuv:ud::ru:i[<u MHfinfn F,lrAilermsl:v Monday, J'uty 02, 2007 Page 382 of 394 La Porte Redevelopment Authority Cash Flow Report as of July 11, 2007 Construction Account For Amount Subtotal Total -Revenues, 2007 Wire transfer by City of La Porte fund account $ 661,013.65 Interest deposit, 5/31/07 (4.75%) $ 1,204.30 Interest deposit, 6/29/07 (4.751/6) $ 984.30 Deposit pending, Check 103 from Operating Acct, 7/5107 correct deposit error $ 986.35 $ 664,188.60 $ 664,188.60 Expenses Wire transaction fees Checks paid: #101 65 La Porte Ltd. & ION Design Group LLC #102 65 La Porte Ltd. & Angel Brothers ... Checks submitted for approval #103 65 La Porte Ltd. & Angel Brothers Total, expenses Fund balance, Construction Account as of July 11 bank fees $ 6.50 offsite utilities $ 60,067.70 offsite utilities $ 350,025.48 $ (410,099.68) Pay Req #4, offsite utilities $ 23,765,93 $ (23,765.93) _ $ (433,865.61) $ 230,322.99 La Porte Redevelopment Authority Cash Flow Report as of June 27, 2007 Construction Account For Amount Subtotal Total Revenues, 2007 Wire transfer by City of La Porte fund account $ 661,013.65 Interest deposit, 5/31/07 (4.75%) $ 1,204.30 Deposit pending, Check 103 from Operating Acct, 6/28107 correct deposit error $ 986.35 $ 663,204.30 Expenses Wire transaction fees bank fees $ 6M Checks outstanding: #101 65 La Porte Ltd. ,& ION Design Group LLC offsite utilities $ 60,067.70 #102 65 La Porte Ltd. & Angel Brothers ... offsite utilities $ 350,926.48 $ 410,999.68 Checks submitted for approval #103 65 La Porte Ltd. & Angel Brothers Pay Req #4, offsite utilities $ 23,765.93 Total, expenses $ 23,766.93 Fund balance, Construction Account as of 6127107 $ 228,438.69 4Yf:tn:4x:1511NNl1l1L:k[nnf,mFFrFIssRNIIa IF[SSY:iI::[mx:Fl Ckivrnal#rxmpWyFt111ny1GSiF4. lollS}t1kHk1?f:;aF44aiu141i1+dHH[L:L'F[iSfL'iilissi�xlf61lii1khltu'JSHfIHAf45uYx'2xi4au4x[Iwuxullttl:uuY.tL'Niitu]F3111fx9=S-tifxttusn4x[1ufYrw.usx[4:ua4:upgwlxf4fvur�i'syf'�sy{x[:nrftOrlC::;::['!>:1TAitiiHiifiFlx'f31fF1Y111wrWu1x45441t1[t[t:4Sxsnli:lit.ltixl111l1tixlalYU::.1:fu::,�� Fledged Securities Report as of 612912007 AMgyBank Clisi 1 Secarlty Type Rate 11?aturlty Original pace Market Value pledge Code:1401 Et:tity Nwne: Laporte Redevolt..4pilt Copse Primary Bookkeeper: Savot HUi Secondary Bookkeeper., 31282zQ3 F11LMC GOLD POOL I M80855 $ 101f11010 $18a 0A0.00 $97, 981.81 EDIC $160, 000.00 3100, 000.00 TotalPledgex. 2 $250,UOO.Af1 _�„'1rn^� mm 197;981,51 :KxI1fAiAlnAuuouxauMR1[flkiklArHes�-�"-`�¢NlANu4 WeuxuuC..... .... lA:Iu4sxuu:AuiAfuxuAM.Art..euc:v,yatuik4lfuxisxaeur..-{:rpmiilA{AIAIIf�:bxuote�i uxsn�W1YLRIFYxx.kWuluusa:e:f.'SFrmu::W{A.Nlehe-Axx;:i�rf.NYi:Atf:Ai!u4axHeva[nRAUAYi[:eAeevNN!blw�4n-,al5fuliAYflYAiaYAlA�btax=4uttlrHNAIIFidfF!A2iifnHAHniLss�::x1:{„{:f i41!Nel.l!A"A341:1.:AxY. Maulla)5 Trtly 02, 2607 a,Yr,Hlx Page 381 of399 JSPS -Print Shipping Labels -Print Confirinatiou HAWEsHILLCALDERON LLP'f(TVs 'A. • ' °° Ir,+1M1'CJS7/.��5�'!#VEC�g P.Q. Box22167 Invoice Houston TX 77227-2167 Print Shipping Labels Print Confirmation Flu To- Thankyou for choosing the United States Postal Service® FIRZ -La Porte # 1 Fairmont,T775Plcwy. Invoice #: 40042691 Date: 7/1/2007 PtirIed gomosde Laheis La or LaPorte, 775T1 Transaction4:90892437 Page: 1 Total W be paid: $146.26 Labels Included: 9 Print DatelTlme:-5122/07 3:40:19 PM CDT DATE DESCRIPTION AMOUNT 'Project Mauagemeut Services, Jupe 2007 $2,040.00 6/27/2007 Board of )kectors Meeting $1,500-00 Reirubursable expenses as follows: 5/8/2007 5 22/2007 Uour Messenger per attachment Hour Messenger per attachment per attachment $42.90 $990 $2I1.25 Mileage, K• Hill per attachment Mileage, I). Hawes per attachment (May) Mileage, D. $'awes 76 Q .485 per ruile, ( June) $2.43 $75.66 $37.83 la- house copies 2131 Q .15 each Diodrs 20 Q 1.00 each In- hagse postage $319.65 $20.00 $240 Sales Tax: $0.00 Total Amount: $4,222.02 AmoutztApplied: $0.00 Balance Due: $4,222.02 https:tlsm-1V.eb,tisps,c om/c.us/PrLtVerification. de Primter Frie dd� lh'C 4s rn i ; 5�.h�� I�@@>�ktj�'�J q,i[`94ia s,�ti� ray+�6i'i � l Yt�p 1 of 9 ;1:1 PFOGY ANTONE Ship pate: 05122f07 Express Malf Eat Rate Env $16.25 Weigh[: albs 0oz Label Total $16.25 Express Mail® Label Number: EO 934406 931 US 2 of 9 'E 'DAVE TURNQUIST _ Shlp Date: 05122107 Exprass Mail Flat Rate Env $10.25 Weight: ills 007 Labe[Total $16.25 Express Mail® Label Number. EO 934405 980 US 3 of 9 F1 AiTON PORTER Ship pate: 05122f07 Express Mali Flat Rate Env $16.25 Weight llbs Opr ' Labe[Tofal $16.25 Express Ma€ rD Label Number: EO 934405 969 US 4 of 9 !E NCRACE LLOPARD Ship Date: 05/22/07 Express Mail Fiat Rate Env $18.25 Weight: 11bs 0oz LabelTutal $18.25 Express Mail® Label Number: EO 934406 000 Us 5 0f 9 DOUG MARTIN Shlp Dale: 0SY22107 Express Mail Flat Rate Env $16,25 Weight 1W 0oz label Total $16.25 Express Maii0 Label Number. ED 934405 945 US 6 of 9 L f J. J. MEZA W - Ship Rate: 05122107 Express Mail Flat Rate Env $16.25 weight 1 hs Ooz ... . _............ Labet Total .. $16,25 Express Manna Label Number: EO 934 405 993 US .. - 7 of 9 [{i PR. Ml CHAEL SAY Ship Date: 0522107 Express Mail Flat Rate Env $15,25 Weight: 1 lbs coz 12,11 Label Total 596.25 G, Express Maim Labe[ Number. UO 934405 962 US ll GrniS: L,•v.Jl. PriutSLippingLabols- Print Confrmation https://ssa-web.uspa,coin/cWpriatVeriFicatim.do JSPS- Print Shipping Labeis- Print Coaltntation littps:lfsss-web.usps.coin/cns/PriatVo2ificatian.do 8 of 9 .' CHESTHR POOL ship Date: 06122/07 Express Mali Flat Rats Env $16.26 VN1'f-5'd)5Tt3T',ES Weight:Slbs0oz FQST SERV1G�o ' Label Total $16,26 Express Mali® Label Number: EO 934 40S 9T6 US m _.. - Prim Shipping Lahaas 9 of 9 T LINDSAY PFEIFFER Ship Date: 05122107 Express Mail Flat Rate Env $ie,25 Weight 1lbs 0oz - - _ Label Total $16.26 Print Confirmation 41PCnterFdandly Express MaIIqD Label Number. ED 934 408 928 US _ - _ Thank you for choosing the United States Postal ServicoO Domestic Order Total: $0.00 Prirrtott D1 mustiju Labels Thankyau for choosing the United States Postal ServIcee Transaction M 90693931 Total to be paid: $61.25 Re uestafree package PIckup from yourcerrer. Labels Included; 6 ., Print DatelTmm 51221073:49:47 PM CDT I" CreateNarrfa8efx Customs forma and shipping supplies are available from your loca€ Post Office or can be ordered online. Save lime amine - Order a eoalal Order Self -Adhesive Latelsl Order Free Shipping Supollesi 1 of 5 ca JOHN JOERNS Ship Data: U5122MY Express Mail Flat Rafe Env $18.25 Welght: t fps Ooz Refer to your Shipping Histo[y for all paid labels printed within the last 8 manths- Label Total $16.25 Express Mail® Label Number: ED 934 40T 226 USi Gil. Man Conlacl Vs Forms coyY Services J� Phi vacypolicY Terms of Vse National&PremlerAccounls _ CgpyrlghL�199B-2087 LISPS, All Rrghls Retarvad. No FEARAct EEO Data FULq ;:Ye.rs lorr ce;tr^n,-nu<+. :;wnr:-n;l; lla ]be!a1 ra4 ll,,,;�;r 1A 2 of 5 El JOHN JOERNS Ship Dale: 06122l07 Weight 11bs Ooz E%press Mall Flat Rate Env $16-25 Label Total $10.25 Express MAO Label Number. E0934407190 US 3 of 5 fa] JOHN JOERNS J - Y W Ship Date; 05122197 Express Mall Flat Rate Env $15.26 - Weight: l lbs coz F Label Total $16.25 Express -'Mail® Label Number: EO 934407 209 US 4 of 5 F] JOHN JOERNS Ship (late: 05=07 Fxpresa Mall Flat Rate Env $16.25 Wetght:llbs Poz Label Total $16.25 Express Mail& Label Number: EO 934407186 us 5 of 5 r{I JOHN JOERNS Shfp Date: 05/22/07 Express Mail Flat Rate FLv $16.25 Weight; ilbs Ooz Label Total $16-25 Express Maile Label Number. EO 934 407 212 us Domenic Order Total: $0.00 Thank you for choosing the United States Postal Servloe® Request a free package pickup fmm your carrier- C Acgrrast Gat'g6t Flckupa ) 4, CreateCreafe NervLe6elxl Customs farms and shipping supplles are available from your local Post Office or can be ordered online. Save time online - Order a Scalel Order Self -Adhesive Labeler Order Free Shipping S=p iesl Refer fo your Shlpping Histo for all paid labels printed within the last 8 months. PAYMENTS ALSO AGUEPTED BY' PAYMENTS ALSO ACEPTED BY.' AMER CAN EXPRESS, MASTERCARD, I �u a AM R CAN FXPRESSCMASTERC RE 5 GER VISA OR R_EcTRONIC WIRE ME 5 GER VISA OR ELECTRONIC WIRE TRANSFERS TRANSFERS 281-497-2218 281-497-2218 MUMU F 102750 202&2 05/31/07 102750 202B2 05/31/07 HAWES HILL CALDERON HAWES HILL CALDERON 2500 TANCLEWILDE STE 230-N 2500 TANGLEWILDE STE 260-N IICUSTON TX 77063 BALANCE D70E UPON RECEIPT. AFTER 08/15/07, PAY $107.60 MIL 1/17/07 104093 MO CITY 14.65 Q5/17/07 104893 MO CITY 14„85 ;M/07 1053a(3 LAPORT 0,130 /23/07 105457 ADMXN 14.86 05/23/07 105457 ADMIN 14.85 /25/07 105712 SHARPSTOWN 14 14,85 06/26/07 1Q5712 SHARPSTOWN K 14.$5 -/25/07 106714 SHARPSTOWN 11 11.00 Q6/25/07 105714 SHARPSTOWN M 11.00 /25/07 1Q5716 SBARPSTOWN M 12,65 05/25/07 105716 SHARPSTOWN M 12.65 ./25/07 105710 SHARPSTOWN M 11.00 05/25/07 106718 SHARPSTOWN N 11.00 /25/07 105723 SHARPSTOWN M 11.00 05/25/07 105723 SHARPSTOWN M 11.00 PAYMENTS ALSO ACCEPTED QY• AMERICAN EXPRESS, -MASTERCARD, VISA OR ELECTRONIC WIRE TRANSFERS 281 -497-2218 @r ,� _ I j 9 L0018 (RR05/1B/07 HAWES HILL. CALDERON 2600 TANGLEWILDE STE 230--N HOUSTON TX 77063 PAYMENTS ALSO ACCEPTED y� ® AMER ICAN EXPRESS, iuIASTERC 1 r &ET GE� VISA OR ELECTRON{, W[RI TRANSFERS MET 281-497-2218 a e p e a 102780 18818 06/16/07 HAWES HILL CALDERON 2500 TANGLEWIME STE 280-N BALANCE DUE UPON RECEIPT. AFTER 06/02/07, PAY $586-20 05/02/07 1030EB TIRZ 20 11.00 06/02/Q7 10335E TIRZ 20 11.c 05/02/07 103357 - TIRZ 20 14,B5 , Ou/02/07 100357 TIRZ 20 14.E 05/02/07 103352 TIRZ 20 14.85 05/02/07 103$59 TIRZ 20 14.1 05/02/07 103361 TIRZ 20 14.88 06/02/07 108561 TIRZ 20 14.( 05/02/07 103362 TIRZ 20 11.00 05/02/07 103362 ThM 2D 11_( 05/02/07 103363 TIRZ 20 11.00 05/02/07 103388 TIRZ 20 11,( 05/02/Q7 103364 TIRZ 20 14.85 05/02/07 103364 TIRZ 20 14.1 05/02/07 1.03365 TIRZ 20 42.90 05/02/07 103305 TIRZ 20 42.1 05/G2/07 103368 TIRZ 20 12.65 05/02/07 103068 TIRZ 20 12.1 05/02/07 103369 TIRZ 20 11.00 05/02/07 103369 TIRZ 20 11,( 05/02/07 103370 TIRZ 20 14.65 05/02/07 103370 TIRZ 20 14_1 05/02/07 1Q3372 'TIRZ 20 11.00 05/02/07 1D3872 TIRZ 20 11.( _ _ 05/02/97 IP3373 TIRZ 2Q 14-R5._.....R5/.Q2/07 103373 TIRZ 20 14.1 05S/04/07 103635 ST GEORGE 38.50 05/04/07 1036,98 ST GEORGE 38.; 05/04/07 103639 ST GEORGE 14.85 06/04/07 103639 ST GEORUE 14A O5/04/07 IM640 ST GEORGE _ 12.65 05/04/07 103640 ST GEORGE 12 05 07/07 1755 BRAYS OAKS 12.65 05 0? 07 103735 HRAYS OAKS 12.E 051oB/D? 1a303a33 LA PORTE 42,90 05/08/O7 103S33 LA PORTE 42,; 05/09/07 10894[3 SPRING BRAND 11.00 05/09/07 103948 SPRING BRAN 11.( 05/09/07 103940 SPRING BRANC 12.65 05/09/07 103949 ,SPRING BRANC 12_4 05/00/07 103250 SPRING BRANC 14.55 05/09/07 103950 SPRING BRAND 14.f 05/08/07 103952 SPRING BRANC 12,65 06/09/07 103952 SPRING, BRAND 12.( 05/00/07 103954 SPRING BRAND 11.00, 05/09/07 103954 SPRING HRANC 11A 05/09/07 103956 SPRING HRANC 12.65 06/09/07 103956 SPRING BRANC 1.2,( 05/00/07 103957 SPRING ITRANC 12.65 05/09/07 1Q3957 URTNG BRAIIG 12_( 05/00/07 103958 SPRING FRANC 11.Q0 05/09/07 103:968 SPRING BRANC 11.( 06/09/07 108959 SPRING BRANC 12,65 05/09/Q7 143959 SPRING BRANC 12.( 05/09/07 108960 SPRING BRANC 12,05 05/09/07 11)aI 0 SPRING BRAND 12.( 05/09/07 103061 SPRING BRAND 11.00 05/09/07 103961 SPRING BRAND 11.( 051OB/07 105962 SPRING BRAND 12.65 06/08/07 10a962 SPRING BRANC 12_( 05/09/07 103963 SPRING BRAN, 12.65 05/09/07 10396S SPRING BRAND 12.E 05/09/07 103965 SPRING BRAND 14.65 05/09/07 103955 SPRING BRA.NC 14_f 05/00/07 103950 SPRING B13ANC 11.00 05/Q9/07 103966 SPRING BRANC 11.( 05/11/07 104260 E. ALDINE 42.90 05/11/07 104280 E_ ALDINE 42,( 05/11/07 104294 TIRZ 20 14.50 05/11/07 104204 'TIRZ 20 14.1 05/14/07 104393 LAKE HOUST-PW 13.20 05/14/07 1Q4393 LAKE ROUS7blt 13_: le Upon Receipt 11767 Katy Frwy, • I Please return 1175T Katy Frwy. Past Due Suite 9nn ." porfi�^ ^^ *" iuite 9^,.. fter� 3 tonT7' 10 . , aymer _ __. Payable Upon Receipt Past Due After 1 ._0 57 Katy Frwy. Suite Bab on TX Piease return 11757 Katy i=rwy. .710 this portion with suite 91, iymen - -on TX . LA PORTE REDEVELOPMENT AUTHORITY HAWES HILL CALDERON LLP ROY HILL FYPFMCC n= rAlf 11 h Bnorc Th V 1� RATE CLIENT# VENDORfDESCRIPTUON LJ PRICE TOT. REI -RULE 6/22/2007 LA P Tri to ost office to Tess hllail board pk. 5-1 DABS $2.43 YES TOT41 $2.43 I certify that the above is true and correct to the hest of my knowledge. s Roy U ill FXPFNSF r1r'VA11 If a P—t. Trrm) DATE CLIENT NO, I VENDOWDESCRIPTION QTY U PRICE TOT REIM. BELL 05.17.07 CLPTIF01 I Mifea a to/from mtg. wlClly Shff 78 $ 0.485 $ 37.83 Y 05-24.071 CLPTIF01 Milee a toffrom mt . w/Board 78 $ 0.485 $ 37.63 I Y CLPTIF01 $ 0.485 1$ I_IUTAL T. 75.56I M AMEGY BANK N.A. CHECKING DEPOSITICHEQUES DEPdstTO - p=POSITEDCPECKSiVAYIiOFBEAVAiLABcEFORIMWEDM-rEwrFHJDR4wA(', CHEQRE5 OEPOSlikWS PGE➢FN NO ESTAR OfSpONIH4Fy pAIfA REf(FO fN,ifE0fAT0 FOR DEPOSIT TO THE ACCOUNT OFIPARA DEPQSITO A LA CU.ENTA DE LOL P k V Po - d,e ji pr,�e;,;� Ae�' ozfm FF [raoLiloiNG coiw NAME/NOMBRE <7 Z 1NCLUYEAjoo h7pNE0q �` o DATF/FFCHA r '�'` ._-_..— 20 e>7 ! Fi H H+ s� j F Q � 'a K U s � Safi ACKNOWLEDGE RECEIPT OF CA5H RETURNED BY SIGNING ABOVE m{PERSONAL ACCOUNTSISOLF PROPRIETORSHIPS ONLY) rorA�� wso ;Q AECONOCfMIENTO DE EFECTIVO AECIS[DO AL FIRMAR EN LA LINEA: SUBTOTAL 0- - { LESS CASH HECENED - ' ACCOUNT NO)NO- DE CUENTA MENOS F FcTVO ar•rasfsA j ,n NET DEPOSIT p DE—C)S70 NETS ii ♦ G 4 J d a i:IL301L2581: 12 HAW EsHILLCALDERON 4 LLP ,ea# P,O. Box 22167 Houston TX 77227-2167 Bill To: T1RZ -La Porte # 1 604 W. Fairmont Pkwy. LaPorte, TX 77571 Invoice #: 00002716 Date: 7/18/2007 Page: I Invoice DATE DESCRIPTION AMOUNT Project Management Services, July 2007 No charge for Board meeting, 7/18/2007 because TIRZ was biped in June for $2,000.00 6/27/2007 meeting which did not take place because of Iack of a quorum Reimburabte expenses as follows: Mileage, D. Hawes per attachment $37.83 In-house copies- 1360 @ .15 each Binders 20 @ $1.00 each $204.00 $20.00 Sales Tax: $0.00 Total Amount: $2,261.83 Amount Applied; $0.00 Balance Due: $2,261.83 KYGFNCP nrTAri /E � o.. . Tirmi DATE CLIENT NO. VENDORIDESCRIPTICN QTY LI PRICE I TOT REJM. 31LL 06.27.2007 CLPTIFQ1 Milea a folfrom mt , wlBoard 78 $ 0.485 $ 37.63 Y CLPTIF09 $ 0.485 . $ CLPTIF01 $ 0,485 $ I_IU IAA $ 3l.831 S IUMLZS: "v - LA PORTE REDEVELOPMENT AUTHORITY, CITY OF LA PORTE, TEXAS AGF,NDA MumoRANmm TO: La Porte Redevelopment Authority Board of Directors FROM: Executive Director DATE: July 11, 2007 SUBJECT: Agenda Item Materials 8. Staff report and updates. LA PoRTE AEDEvut ormENT AUTHORITY c/o Hawes Hill Calderon LLP P.O. Box 22167 Houston TX 77227-2167 713-541-0447 or FAX 713-541-9906 Jun,20. 2007 5:26PM City of LaPorte City Hall No, 9213 P, 2 of La Porte Interoffice Memorandum To: T11RZ / La Porte Redevelopment Boar Mayor and Council From: John Joerns, Interim City Ma b ce: David Hawes, Board Consultant Wayne Sabo, Director of Planning Norman Reed, Arete Re.al Estate Development Date: June 20, 2007 Subject: --Utility Extension Agreement ([TEA) between the La Porte Redevelopment Authority, the TIRZ, 65 La Porte, LTD aid City of La Porte Development Agreement between the City of La Porte, La Porte Redevelopment Authority, and the TiRZ —Project: South La Porte Trunk Sewer This memorandum to file is to clarify potential conflicts between the UEA, its supporting documentation and the Development Agreement, The UEA between the parties listed above states that the applicant (65. La Porte, LTD) is responsihle for expenses associated with securhig easements for the project.. The supporting documents and exhibits to that agreement are not clear on the expenses relating to the new easement dedications. Although easements existed prior to the UEA., decisions were made with approval and input from the City of La. Porte regarding final location and design of the tunk sewer_ These decisions resulted in the additional expenses. The City is funding this ,agreement and the subject expenses of $9,000 are witbin my authority to approve for the City's expenditures. Because of the design decisions made and approved by the City, I recommend the Authority and TiRZ Board approved the additional. payment of $9,000 for easement expenses and authorize payment in accordance with the UEA and the Development Agreement. Jun.20. 20U 1:47PM City of LaPorte City Hall No.9208 P. 2 DA C Realty Group, Inc. Commercial Read Estate Services 900 Town & Country Lane , Suite 330, Houston, Texas 77024 Phone: 7131973-2100, F'ax: 7131973-2166, E-mail donga dacrealty.com May S, 2007 Mr. John Joerns Interim City Manager City of LaPorte 604 West Fairmont Parkway Laporte, Texas 77571 Re: TRIZ Reimbursement Dear Mr. Joerns: In reply to your letter dated May 1, 2007 and per your request, I have attached the following information that you, requested_ ( 1. Color rendering of what the project will look like when completed 2. Site Data: See the enclosed Site Data Sheet. 3. Room Layout 4. Site Layout: It shows the physical layout of the 83 Candlewood Inn & Suites (Candlewood is a division of Holiday Inn, Memphis, Tennessee.) 5. Total Construction Costs : Three Million Five Hundred Thousand Dollars ($3.500,000) Estimated Total Project Costs for Ad Valorem 'Talus including land Costs 6. Road Construction to Start July 1 2007 with completion scheduled for July 20th2007 (47' wide 500' Long) will continue from where 13 Street currently stops at West "K" Street south to West "L" Street. All specifications are per City of La Porte. This Cost is approximately One Hundred and Ninety -Six Thousand Dollars ($196,000). That includes all Engineering, .Architecture, Surveying, Topographic Studies, Soil Tests and construction costs Jun.20. 2007 1:47PM City of LaPorte City Fall No, 9208 P. 3 7. Building Construction is scheduled to start August 1, 2007 with a completion date of April 15, 2008 8. Motel 4aening: May 15"', 2008 9. Mr. Ghandi's ConstructionlDevelopment Resume LaQuinta Inns & Suites 120 Rooms (owns & operates) 8710 Seawall Blvd. Galveston, Texas Econo Lodge (66 Rooms) (owns & operates) 3924 Ave U Galveston, Texas Baymont Inn (90 Rooms) (Fee Developer) 63 & Seawall Galveston, Texas Suburban Lodge (90 Rooms) (Fee Developer) n 7212 East Point Baytown, Texas Holiday Inn Express (90 Rooms) Built 1999 Sold 2001 6201 Spencer Pasadena, Texas Best Western Inn (62 Rooms) 10521 East Freeway Houston, Texas Built 1999 Sold 2005 Best Western Inn (50 Rooms) Built 1955 Sold 2005 8600 Gulf Freeway Houston, Texas (Hobby Airport) Mr. Joerms, should you or the La Porte Redevelopment Authority need additional information, we will be happy to furnish whatever else is requested. Jun.20. 2007 1:47PM City of LaPorte City 'Hall No, 9208 P. 4 We look forward to working with the City of La Porte in the development of this project. Very truly yours, Don A. Czameski cc: Gretchen J. Slack 604 W. Fairmont Parkway LaPorte, TX 77571 Sam Ghandi La Quinta Inn & Suites Galveston, TX 77554 Attachments: Color rendering Site data Room layout Site layout Jun.20. 2007— 1;47PM City of LaPorte City Hall SITE. D T; SITE IA.- 1.632 ACRES (AFFROXI1' ,4TELY) BUILDII AREA. A0,089 50-s- 3 STORY WOD FRAME CONST. I:''AWJWG SFACEES: CNE Sf=ACE PER UNIT FSR LO(=AL CODES 19 REGULAR Sf=ACES 4 ACCE5515LE SFAAC ES (3 CARS / 1 VAN) NOTE; PARKING- AND SITE R-E-C-UlFREMENTS WILL VAR7r Sr JURISDICTICNS '. LANDvC4FING: IFURIGATE ALL LAND -CAS AREA 6 WITW AUTOMATIC UNDE.R.1-ROUND IRRIG-4TICN SYS' EM SOD ALL ArSAS NOT IN PL ANTIWz SED5 8U I LD iNG D AT4: GUEST RCOMS.- (83 ) STUD 10 UNITS 2 5�2 ` ONE -BEDROOM SUITES = s DOUBLE STUDIO UNITS x 23- ROC31"" M MIX.- 63 a STUDIO UN ITS 2'7IPa 00U5"=5ED STUD FO 10ONE-5EDR %QM SUTTEES ram. =2M FLAPS AM hUdW& Dff"Glm N Tm* MW=4m � Oft^?= ar C 10Clf. M TO CMX'r 70 %i "pCWaWA-r= l�ii�'�A I�ti�{�� !RT 1tf�ssaR,1� �+:7K't� tMe7t� l:71UR900 AM PW4WRb r 91P '"WAL i =ZA owtN *a mw 1M Cam, S1t7a1 r��MiOi CQ �,1f. ti7TRi q1�;t�, ti++a�r �.�.as aye reRNOWORAMW ocr w LLD war G71 iial AM WWRT MCA=lGRWCA6 OrMS AND VqMMao&, Ewe Coqftm *ar ��rr dCVlt�ptAL GIB! t8�0ii� NO.9208 P. 5 Jun.20. 2007 1:47PM City of LaPorte City Hall l z En p i4 E O �••' E-3 y�. W ju Q a EO ILO§9 _ q � a$ae�► t17 � L a J aJ No.9206 P. 6❑ - - -- - - -• - _ I 11 � A GY Ef/9i00( 4' _ • -.-.— ' co VLIQ PAP T 1HIS Marl-C "-Te A c t 14 `O SQUTH 12TH STREET (60 R-D-W) Ln r _— — r� g�QW^ 1 OMMERCIAL H r o , Pry (V Lo a 1 [D `� LC7 N I r] �RE CU LO d" rrw OD N N Lf) r7 e Ln C� Co Ell in X co I p CO UD O J f I I I Lf-) v ,t„ t nnlcLw fn Q 3sii I N♦ UD 1{I � �Vl �W Y1 O CY1 YYYY�� q W 1 L�� III w° IS! �._�....,._ 9' P '{�lR59'b A �E9aT S6' M N SVM i • Ij�pD fIID 9D 0 EAI�r]SIMM#1ARY SCRER MR41K)LE bA TL 5 2,-M' E & Youi r 1- 10 12 d- LI I.7 MPF ) lnLVtDU M—U--1Y&5 5TA 9I.� 1' R1 PI{11A SAM8TR4Y 51111 )JAM8E7Lf- -1w LT. "ia o -'- — rL W _- 2.a4' (Mj --.... -_ .. .. _.... --- ------ TAU- -- - - - -- - - - - - — - - �. OC% b!� e-J. O P Q P y ! 4 =� rwwP. mxct~ `7 L:eesra�rswnstr.- i P.WI MM� 15t14�p���r.a � �1 Y1r ■ ZIj] � � 1 �PrrV-1b tr C7 � �N r a.Oa� Lv m O U c� I MI y^�tiF � �� _� �1 V�.rsrY�aFiwMLna�ra y�� �ii�'i�S�eyW+•' .r� Pr' F' � 43 � hM r1N3MlilV�M IApYi'pI IM lA�[{FRfl •r11F.SFi YRTgih/pM al.��yol n AupJ1.W .c"iis.we.,+.arvr.Ynr.ncr c•.�eRr �s:i:rP�n�mKli'J.w.P+r awo►. an � I�+al� P YKaJk Pub. r L_,� loti o 9 ar Da16LCPA15RL unkm t* S[rm a or ZMKQAMI MiU Me= 8P6TMI 761mntln Sitl�J' um M1 Disp mol Lmlla P90 a7aanaoK cLLrllarr xQ�EaLa ^e laxdl2.3 HI4rf't MOMkr hoe a KEG[ S m COMIGai?.-1.495 AC ne aFFE: Ca1fD iAOM aaw am1Y7 15P3If CMPA EM Q. OWN C011 L P.T. LA PORTE TAX INCREMENT REINVESTMENT ZONE STATE OF TEXAS X COUNTY OF HAMS ){ CITY OF LA PORTE ){ NOTICE IS HEREBY GIVEN OF THE MEETING OF THE LA PORTE TAX INCREMENT REINVESTMENT ZONE TO BE HELD ON JULY 18, 2007 AT 6.30 P.M. IN THE COUNCIL CHAMBERS OF THE CITY HALL, 604 WEST FAIRMONT PARKWAY, LA PORTE, TEXAS, REGARDING THE ITEMS OF BUSINESS ACCORDING TO THE AGENDA LISTED BELOW: 1. Call to order — 2. Lindsey Pfeiffer, President 3. Consider approval of the minutes of the May 24, 2007 Board of Directors meeting 4. Consent agenda — any item may be removed by a board member for discussion • Entertain motion and a second to approve the TIRZ items in the same form and manner as was approved in the previous redevelopment authority meeting. —Lindsey Pfeiffer, Chairperson A. Consider approval or other action with regard to Pay Request Number Four in the amount of $23,765.63 for the Lakes of Fairmont Greens TIRZ project related to off site improvements known as the South La Porte Trunk Sewer Project B. Consider approval or other action with regard to Additional Pay Requests for the Lakes of Fairmont Greens TIRZ project related to off site improvements known as the South La Porte Trunk Sewer Project C. Consider Development Agreement by and between the La Porte Redevelopment Authority, La Porte TIRZ Number One, City of La Porte, and Retreat at Bay Forest LP D. Receive Presentation from Developer Requesting Reimbursement for a Hotel Development within the Western Portion of the Zone E. Consider approval or other action with regard to authority invoices F. Staff report and updates G. Board member comments H. Adjournment THIS FACILITY HAS DISABILITY ACCOMMODATIONS AVAILABLE. REQUESTS FOR ACCOMMODATIONS OR INTERPRETIVE SERVICES AT MEETINGS SHOULD BE MADE 48 HOURS PRIOR TO THIS MEETING, PLEASE CONTACT CITY SECRETARY'S OFFICE AT 281-471-5020 OR TDD LINE 231-471-5030 FOR FURTHER INFORMATION. A POSSIBLE QUORUM OF CITY COUNCIL MEMBERS MAY BE PRESENT AT TMS MEETING AND PARTICIPATE IN DISCUSSIONS BUT WILL NOT TAKE ANY ACTION. David W. Hawes Executive Director I 0 Date Posted LA PORTE TAX INCREMENT REINVESTMENT ZONE, CITY OF LA PORIE, TEXAS AGENDA MEMORA"UM TO: La Porte Tax Increment Reinvestment Zone FROM: Zone Administrator DATE: July 11, 2007 SUBJECT: Agenda Item Materials 2. Consider approval of the minutes of the May 24, 2007, board of directors meeting. 3. Consent Agenda -- any item may be removed by a board member for discussion Entertain motion and a second to approve the TIRZ items in the same form and manner as was approved in the previous Redevelopment Authority meeting, r E LA PORTE TAx INCREMENT REINVESTMENT ZONE c/o Dawes Hill Calderon LLP P.O. Box 22167 Houston TX 77227-2167 7I3-541-0447 or FAX 713-541-9906 LA PORTE REDEVELOPMENT AUTHORITY -STATE OF TEXAS X COUNTY OF HARRIS }( CITY OF LA PORTE ){ NOTICE IS HEREBY GIVEN OF THE MEETING OF THE LA PORTE REDEVELOPMENT AUTHORITY TO BE HELD ON JULY 18, 2007 AT 6:30 P.M. IN THE COUNCIL CHAMBERS OF THE CITY HALL, 604 WEST FAIRMONT PARKWAY, LA PORTE, TEXAS, REGARDING THE ITEMS OF BUSINESS ACCORDING TO THE AGENDA LISTED BELOW: 1. Call to order — Lindsey Pfeiffer, President 2. Consider approval of the minutes of the May 24, 2007 Board of Directors meeting 3. Consider approval or other. action with regard to Pay Request Number Four in the amount of $23,765.63 for the Lakes of Fairmont Greens TIRZ project related to off site improvements known as the South La Porte Trunk Sewer Project Consider approval or other action with regard to Additional Pay Requests for the Lakes of Fairmont Greens TIRZ project related to off site improvements known as the South La Porte Trunk Sewer Project 5. Consider Development Agreement by and between the La Porte Redevelopment Authority, La Porte TIRZ Number One, City of La Porte, and Retreat at Bay Forest LP i. Receive Presentation from Developer Requesting Reimbursement for a Hotel Development Within the Western Portion of the Zone. 7. Consider approval or other action with regard to authority invoices 8. Staff report and updates 9, Board member comments 10. Adjournment THIS FACILITY HAS DISABILITY ACCOMMODATIONS AVAILABLE. REQUESTS FOR ACCOMMODATIONS OR INTERPRETIVE SERVICES AT MEETINGS SHOULD BE MADE 48 HOURS PRIOR TO THIS MEETING. PLEASE CONTACT THE CITY SECRETARY'S OFFICE AT 281-471-5020 OR TDD LINE 281-471-5030 FOR FURTHER INFORMATION. A POSSIBLE QUORUM OF CITY COUNCIL MEMBERS MAY BE PRESENT AT THIS MEETING AND PARTICIPATE IN DISCUSSIONS BUT WILL NOT TAKE ANY ACTION. David W. Hawes Executive Director Date Posted LA PORTE TAX INCREMENT REINVESTMENT ZONE STATE OF TEXAS X COUNTY OF HARRIS )( CITY OF LA PORTE }( NOTICE IS HEREBY GIVEN OF THE MEETING OF THE LA PORTE TAX INCREMENT REINVESTMENT ZONE TO BE HELD ON DULY 181 2007 AT 6:30 P.M. IN THE COUNCIL CHAMBERS OF THE CITY HALL, 604 WEST FAIRMONT PARKWAY, LA PORTE, TEXAS, REGARDING THE ITEMS OF BUSINESS ACCORDING TO THE AGENDA LISTED BELOW: 1. Call to order -- 2. Lindsey Pfeiffer, President 3. Consider approval of the minutes of the May 24, 2007 Board of Directors meeting 4. Consent agenda — any item may be removed by a board member for discussion Entertain motion and a second to approve the TIRZ items in the same form and manner as was approved in the previous redevelopment authority meeting — Lindsey Pfeiffer, Chairperson A. Consider approval or other action with regard to Pay Request Number Four in the amount of $23,765.63 for the Lakes of Fairmont Greens TIRZ project related to off site improvements known as the South La Porte Trunk Sewer Project B. Consider approval or other action with regard to Additional Pay Requests for the Lakes of Fairmont Greens TIRZ project related to off site improvements known as the South La Porte Trunk Sewer Project C. Consider Development Agreement by and between the La Porte Redevelopment Authority, La Porte TIRZ Number One, City of La Porte, and Retreat at Bay Forest LP D. Receive Presentation from Developer Requesting Reimbursement for a Hotel Development Within the Western Portion of the Zone E. Consider approval or other action with regard to authority invoices F. Staff report and updates G. Board member comments I H. Adjournment THIS FACILITY HAS DISABILITY ACCOMMODATIONS AVAILABLE. REQUESTS FOR ACCOMMODATIONS OR INTERPRETIVE SERVICES AT MEETINGS SHOULD BE MADE 48 HOURS PRIOR TO THIS MEETING. PLEASE CONTACT CITY SECRETARY'S OFFICE AT 281-471-5020 OR TDD LINE 281-471-5030 FOR FURTHER INFORMATION.A POSSIBLE QUORUM OF CITY COUNCIL MEMBERS MAY BE PRESENT AT THIS MEETING AND PARTICIPATE IN DISCUSSIONS BUT WILL NOT TAKE ANY ACTION. David W. Hawes Executive Director Date Posted La Porte Tax Increment Reinvestment .Zone Number One, City of LaPorte, Texas Minutes of the Board Meeting Held May 24, 2007 I . CALL TO ORDER AND DETERMINATION OF A QUORUM The Board of Directors of the Tax Increment Reinvestment Zone Number One, City of La Porte, Texas, held a meeting, open to the public, on the 24th day of May, 2007, and meeting was called to order at 7:24 p.m. in the La Porte Recreation and Fitness Center, 1322 South Broadway, La Porte, Texas 7751 and the roll was called of the duly appointed members of the Board, to wit: Peggy Antone Position I Dave Turnquist Position 2 Alton Porter Position 3 Horace Leopard Position .4 Doug Martin Position 5 JJ Meza Position 6 Michael Say Position 7 Chester Pool Position 8 Lin Pfeiffer Position 9 - Chairman and all of the above were present except Director Antone, and Director Meza, thus constituting a quorum. Also present at the meeting were John Joerns, David Hawes, Gretchen Black, Norman Reed, and. Russell Plank. 2. CONSIDER APPROVAL OF THE MINUTES OF THE FEBRUARY 28, 2007 BOARD OF DIRECTORS MEETING Upon a motion duly made by Director Turnquist and being seconded by Director Say, the board unanimously approved the minutes of February 28, 2007. 5. CONSENT AGENDA — ANY ITEM MAY BE REMOVED BY A BOARD MEMBER FOR DISCUSSION • ENTERTAIN A MOTION AND A SECOND TO APPROVE THE TIRZ ITEMS IN THE SAME FORM AND MANNER AS WAS APPROVED IN THE PREVIOUS REDEVELOPMENT AUTHORITY MEETING — LINDSEY PFEIFFER, CHAIRPERSON A. CONSIDER APPROVAL OR OTHER ACTION REGARDING THE PUBLIC FUNDS DEPOSITOR COLLATERAL SECURITY AGREEMENT WITH AMEGY NATIONAL BANK ASSOCIATION B. CONSIDER APPROVAL OR OTHER ACTION REGARDING A PROPOSAL BY HAWES HILL CALDERON LLP TO PROVIDE PROFESSIONAL SERVICES RELATED TO THE ADNEMSTRATION OF THE LA PORTE REDEVELOPMENT AUTHORITY AND TAX INCREMENT REINVERS'iMENT ZONE C. CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO PAY REQUESTS ON BEHALF OF THE PORT CROSSING TIRZ PROJECT • PAY REQUEST NUMBER ONE IN THE AMOUNT OF $6,090,116.79 • PAY REQUEST NUMBER TWO IN THE AMOUNT OF $2,992,33390 D. CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO CHANGE ORDER NO. 1 IN THE AMOUNT OF $334,707.40 TO THE ANGEL BROTHERS CONTRACT IN PORT CROSSING COMMERCE CENTER. THE CHANGE ORDER INCLUDES UPGRADES TO THE LIFT STATION, ADDING HEADWALLS IN LIEU OF RIP RAP, STORM SEWER PIPE ADJUSTMENTS, AND TIE , EXTENSION OF THE 12-INCH WATER MAIN E. CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO EXHIBIT B TO TIR DEVELOPMENT AGREEMENT WITH PORT CROSSING AND AMEND DEVELOPMENT AGREEMENT TO REFLECT CHANGES F. CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO PAY REQUESTS FOR THE LAKES OF FAIRMONT GREENS TIRZ PROJECT RELATED TO OFF SITE IMPROVEMENTS KNOWN A" THE SOUTH LA PORTE TRUNK SEWER PROJECT • PAY REQUEST NUMBER ONE • PAY REQUEST NUMBER TWO PAY REQUEST NUMBER THREE e ENGINEERING AND PROFESSIONAL COSTS G. CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO AN AGREEMENT BY ANI BETWEEN THE CITY OF LA PORTE, TEXAS AND THE LA PORTE REDEVELOPMENT AUTHORITY FOR THE MANAGEMENT OF THE LA PORTE PUBLIC IMPROVEMENT DISTRICT! NUMBER ONE H. CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO AUTHORITY INVOICES I. STAFF REPORT AND UPDATES K. ADJOURNMENT Upon a motion duly made by Director Pool and being seconded by Director Martin, the board unanimously approved the consent agenda in the same manner and form as approved in the Redevelopment Authority Board Meeting and adjourned at 7:25 PM. SIGNED: TITLE: DATE: ATTEST TITLE: DATE: