HomeMy WebLinkAbout02-13-1984 Industrial Development Corporation Board of Directors Meeting
• MINUTES
OF THE
LA PORTE INDUSTRIAL DEVELOPMENT CORPORATION
FEBRUARY 13, 1984
1. The meeting was called to order at 7:01 P.M. by Vice-President
Walter Springall.
Members Present:
Jack Lawler
Members Absent:
Walter Springall, John Longley, Robert White,
Virginia Cline, Jerry Dennis
Others Present: Knox Askins, Attorney; representative from
Contech Engineering
2. The minutes of the IDC meeting held December 14, 1983, were
considered for approval.
Motion was made and seconded to approve the minutes as presented.
The motion carried, 4 ayes and 0 nays.
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3. The application for financing for Contech Engineering was con-
sidered for approval.
After a presentation by a representative of Contech and questions
from the Board were answered, motion was made and seconded to
approve the application for financing for Contech Engineering.
The motion carried, 4 ayes and 0 nays.
4. The Board considered approving payment of a bill to the City
of La Porte to reimburse them for a Federal Express bill paid
by the City for the IDC.
Motion was made and seconded to pay the bill to the City if
the City can justify that it is an IDC bill. The motion carried,
4 ayes and 0 nays.
5. There being no further business, motion was made and seconded
to adjourn. The motion carried and the meeting was duly ad-
journed.
Respectfully submitted:
Acting Secretary
• Passed & Approved this the
lst day of March, 1984
Virginia Cline, President
• MINUTES
OF THE
LA PORTE INDUSTRIAL DEVELOPMENT CORPORATION
DECEMBER 14, 1983
1. The meeting was called to order by Chairman Cline at 5:45 P.M.
Members of the Board Present: Virginia Cline, Walter Springall,
~ John. Longley, Jerry Dennis
Members of the Board Absent: Lois Compton, Robert White,
Jack Lawler
2. The Board considered issuance of Industrial Development
Revenue Bonds for Fairmont Plaza Joint Venture.
~ Motion was made by Walter Springall to approve issuance of
Industrial Development Revenue Bonds for Fairmont Plaza Joint
Venture. Second by John Longley. The motion carried, 4 ayes,
0 nays .
• Ayes: Cline, Springall, Longley, Dennis
Nays: None
3. The Board considered a resolution authorizing issuance of bonds
and approving documents for Fairmont Plaza Joint Venture.
Motion was made by Walter Springall to approve the resolution
authorizing issuance of bonds and approving .documents for Fair-
mont Plaza Joint Venture. Second by John Longley. The motion
carried, 4 ayes, 0 nays.
Ayes: Cline, Springall, Longley, Dennis
Nays : None
4. The board considered payment of legal fees.
Motion was made by Walter Springall to table this item for
further study. Second by John Longley. The motion carried,
4 ayes and 0 nays.
Ayes: Cline, Springall, Longley, Dennis
Nays: None
Mr. Askins will review these bills for changes.
• 5. There. being no further business to come before the Board, the
meeting was duly adjourned at 5:57 P.M.
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• Minutes, La Porte Industrial Development Corporation
December 14, 1983, Page 2
Respectfully submitted:
Jerry Dennis, Secretary
Passed & Approved this the
13th day of February, 1984
Virginia Cline, President
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