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Home My WebLink About04-24-06 Special Called Meeting of La Porte Development Corporation Minutes MINUTES OF THE LA PORTE DEVELOPMENT CORPORATION April 24, 2006 1. Call to Order Vice President Ed Matuszak called the meeting to order at 5:01 p.m. Members Present: Bill Love, Mike Clausen and Ed Matuszak, Chuck Engelken and Tommy Moser. Members Absent: Pat Muston Staff Present: City Secretary Martha Gillett, Assistant Finance Director Michael Dolby, Assistant City Manager Cynthia Alexander and City Manager Debra Feazelle. Others Present: None 2. Motion was made by Bill Love to approve the Minutes of March 27. 2006. Second by Chuck Engelken. Motion carried unanimously. Ayes: Bill Love, Ed Matuszak and Mike Clausen, Deborah Johnson, Chuck Engelken and Tommy Moser. Nays: None Abstain: None 3. Consider approval or other action regarding a resolution supporting the Dry Berthing of the Battleship Texas at the San Jacinto Battleground. Debra Feazelle briefed. Motion was made by Chuck Engelken to approve the Resolution as presented. Second by Mike Clausen. The motion carried. Ayes: Bill Love, Ed Matuszak and Mike Clausen, Deborah Johnson, Chuck Engelken and Tommy Moser. Nays: None Abstain: None 4. Administrative Reports Bill Love will present resolution at Public Hearing on 4/25/2006. 5. Board Comments Bill Love provided comments to the board members. 6. Executive Session 7. There were no Executive Session items. La Porte Development Corporation - 4/24/06 - Page 2 8. Adjournment Motion was made by Chuck Engleken to adjourn. Second by Tommy Moser. The meeting was duly adjourned at 5:10 p.m. ~ctfullY sUbmitte~ \.' Marth~etf' Ut// City Secretary/La Porte Development Corporation Secretary Passed and approved on this cc:, day of -:::f\..) wE., 2006. fZ{tl/Pz~ ?~ Pat Muston, President fi- City of La Porte La Porte Development Corporation (038) Fund Summary (Section 4B Sales Tax) Working Capital 9/30/05 3,226,505 Plus Estimated 05-06 Revenues 1,249,360 Less 05-06 Expenditures and Commitments 740,060 Equals Estimated Working Capital 9/30/06 3,735,805 Plus 06-07 Revenues: 1/2 Cent Sales Tax Interest Income 1,163,568 123,500 Total Revenues 1,287,068 Equals Total Resources 5,022,873 Less 06-07 Expenditures: Operations Debt Service Transfer 100,000 732,180 Total Expenditures 832,180 Equals Estimated Working Capital '9/30/07 4,190,693 Revenues Expenditures & Commitments Estimated Fund Balance Usage Estimated 2005-06 1,249,360 740,060 509,300 Projected 2006-07 1,287,068 832,180 454,888 Economic Development Program 1010 Regular Earnings $ 55,000 1035 Longevity $ 1060 FICA $ 4,208 1065 Retirement $ 7,200 1080 Medical Insurance $ 6,600 1081 Life Insurance $ 58 2001 Office Supplies 2002 Postage 2015 Other Supplies 3001 Memberships & Subscriptions 3020 Training/Seminars 4060 Computer Lease Fees 4065 Computer Maintenance Fees 6002 Printing & Reproduction 6005 Advertising/Public Notice $ $ $ $ $ $ $ $ $ 1,000 3,000 2,000 1,500 5,500 757 3,275 5,402 4,500 Economic Development Program Economic Development Overview Economic Development is a vital component in the success of any city. La Porte has relied heavily on property taxes to support the funding of City services. An element in diversifying the revenues is to boost sales tax collection through increased economic development. Business recruitment and business retention are major factors in this venture. A focal goal of City Council and the community is to increase economic development. Staff has made attempts to increase economic development utilizing existing personnel. However, due to the increase in staff responsibilities and limited time, this major development has reached limited success. The City has contracted with Bay Area Houston and the Economic Alliance to assist with increasing marketing efforts to enhance economic development. In order to meet the goals of the city the need for an Economic Development Coordinator to assist the City in obtaining and administering grants, to form a business retention program, and to solicit new businesses is inevitable. City Council has recently funded a retail marketing study with the Buxton Grbup. Once completed efforts will need to be initiated to implement the results of this timely project. ( Benefits An Economic Development Coordinator would be charged with the sole purpose of increasing economic development. The coordinator would invest its resources to further the creation and retention of employment and business opportunities for the citizens of La Porte. An increase in economic development would provide a healthy, strong diverse economic base in order to strengthen the existing high quality oflife, to secure additional employment opportunities, to lower the costs of city services, to provide solid infrastructure and affordable high-quality homes. Proposed La Porte Economic Development Program The La Porte 2020 Comprehensive Plan Update, 1984 Comprehensive Plan, Bayfront Master Plan and the Northside Community Plan all address the need to boost economic development. Funding is not earmarked in the General Fund for an Economic Development Coordinator. Staff utilized for Economic Development purposes can be funded using 4A or 4B funds. Utilization of 4B funds is recommended to fund a fu11- time Economic Development Coordinator. This avenue would not increase the General Fund, would accelerate the process of creating an Economic Development Program, and would require the coordinator be dedicated solely to economic development. Proposed La Porte Economic Development Program Action Plan . Hire full-time Economic Development Coordinator possibly funded by 4B to report to the City Manager's Office (proposed job description is included). . Prepare a budget - $100,000i . Economic Development Coordinator - $47,480 - $71,219 (w/o benefits) Several local cities were surveyed to compare salaries (see attached survey). The salary range for this position is broad. A comparable salary range was selected based on the local market and the City of La Porte market. . Supplies, Computer - $3500 . Travel Budget - $3,000 Economic Development Coordinator Essential Functions . Develops and executes programs to generate prospect leads, which result in the location of new businesses; facilitates the expansion of existing businesses. . Creates and makes presentations to business prospects throughout the Houston region and locations outside of Texas. . Conducts targeted sales calls and follow up communications with business prospects throughout the Houston region and locations outside Texas. · Develops and maintains relationships with commercial real estate brokers, site selection consultants, business prospects and other business development officials. ( · Coordinates with business prospects and their representatives to collect project data; screen and qualify prospects, conduct site tours of La Porte, draft performance/incentive proposals, and conduct project follow up communications and visits to prospects. . · Creates and maintains business retention expansion program for La Porte. · Provides technical and professional advice and information on economic development issues, programs, services, and plans. · Develops and implements marketing plans to ensure a professional image for the City of La Porte to attract targeted businesses to La Porte. · Serves as a liaison to Bayshore-La Porte Chamber of Commerce - Economic Development Committee · Conduct overnight travel as necessary to meet with business prospects, participate in marketing events and meetings in and outside of the Texas area. · Prepares reports, including charts and graphs, and presents recommendations for action plans to management. ( DEFINITION Responsible for directing, coordinating, and administering economic development efforts, including targeting new development efforts, such as new business, retaining and expanding existing businesses, facilitating programs to enhance economic development and job growth, and serving as liaison between prospects and the City. SUPERVISION RECEIVED AND EXERCISED Receives direction from the City Manager's Office. This job has no supervisory responsibilities. ESSENTIAL JOB FUNCTIONS Duties may include, but are not limited to, the following: Develops and executes programs to generate prospect leads, which result in the location of new businesses; facilitates the expansion of existing businesses. ( Creates and makes presentations to business prospects throughout the Houston region and locations outside of Texas. Conducts targeted sales calls and follow up communications with business prospects throughout the Houston region and locations outside Texas. Develops and maintains relationships with commercial real estate brokers, site selection consultants, business prospects and other business development officials. Coordinates with business prospects and their representatives to collect project data; screen and qualify prospects, conduct site tours of La Porte, draft performancelincentive proposals, and conduct project follow up communications and visits to prospects. Creates and maintains business retention expansion program for La Porte. Provides technical and professional advice and information on economic development issues, programs, services, and plans. Develops and implements marketing plans to ensure a profeSSional image for the City of La Porte to attract targeted businesses to La Porte. Serves as a liaison to Bayshore-La Porte Chamber of Commerce - Economic Development Committee Conduct overnight travel as necessary to meet with business prospects, participate in marketing events and meetings in and outside of the Texas area. Prepares reports, including charts and graphs, and presents recommendations for action plans to management. Perform other related duties as assigned. ECONOMIC DEVELOPMENT COORDINATOR JOB DESCRIPTION PAGE 2 PHYSICAL REQUIREMENTS For indefinite periods of time - mobility within an office environment; exposure to dust/mites, radiation, electrical, and mechanical hazards and constant noise; writing; walking; typing; sorting; sitting; seeing; filing; reading; decision making; lifting and carrying up to 20 pounds; reaching above shoulder level; using both hands for simple and firm grasping; clarity of hearing; communicating clearly and effectively, in person and by telephone; fine finger manipulation; operation of office equipment, computers, copiers, fax machines, telephone, and a motor vehicle through city traffic. QUALIFICATIONS Knowledge of: Knowledge of practices and methods of economic development Excellent presentation, verbal, and written skills Skilled in grant writing and administration English usage, grammar, spelling, and punctuation Modern office methods, procedures, and equipment and business letter writing Record keeping principles and procedures ( Ability to: Work independently. Get along appropriately with co-workers and the public Understand the organization and operation of the City and of outside agencies as necessary to assume assigned responsibilities Communicate clearly and concisely, both orally and in writing Work in cooperation with other departments, City officials, and outside agencies Research administrative and departmental policies, laws, and rules Type at a speed necessary for adequate job performance .Operation of a word processor/computer terminal may be required Compose correspondence independently Compile and maintain complex and extensive records and files Analyze situations carefully and adopt effective courses of action Understand and carry out oral and written directions TRAINING AND EXPERIENCE Bachelor's Degree in Economic Development, Public Administration, Business Administration, or related field from an accredited college or university. Three years related experience. LICENSES AND CERTIFICATIONS Possession of a valid Texas Driver's License and a good driving record. The City of La Porte is an Equal Opportunity and Affirmative Action Employer of Qualified Individuals. i'.. (Circle One) I have read the job description above and can perform the job duties with accom modation. without any reasonable Witness: Supervisor's Signature Date Employee's Signature Date ( '. Salaries Page 20f2 Economic Development Director Plans, directs, manages and coordinates activities of staff involved in economic development initiatives. Negotiates with industry representatives to encourage location in area. Directs activities such as research, analysis and evaluation of technical information to determine the feasibility and economic impact of proposed expansions. Education: Bachelor's Degree; Experience: 5 years.. Search Results for Economic Development Director. No comparison salary provided. Municipality Population Region Bedford -----.--- Where the West Begins-Ft Worth Cedar Hill North Central Texas-Dallas -----...- ------,-- -...-------- "-'-'''--''-'' DelRio Alamo Region-San Antonio Area Euless Where the West Begins-Ft Worth Friendswood San Jacinto-Houston Area Georgetown Highland Lakes-Austin Area Haltom City Where the West Begins-Ft Worth Huntsville San Jacinto-Houston Area ( League City San Jacinto-Houston Area Rowlett North Central Texas-Dallas The Colony Where the West Begins-Ft Worth Un-aged Average Aged Average ( I # i Range Range Actual Actual Actual Emps i Minimum Maximum low , High . Average . I ---. " ED~onot mi, De..lop j 1 85,236.00 119,340.00 as,m.oo 85272.0; I 85:m.;;'- Irec or _ __+_______ Economic Development 1 [60,780,00 94,284.00 81,900.00 81,900.00 I 81,900.00 Director _.__ ____.___ ____.._., ________, _._.._..____._____~__ .....___..... Economic i ! i : Development I 1 48,000.00 68,004.00 53,004.00 i 53,004.00 I 53,004.00 l ~~~c!or .... .' I . .., I . 1 I I i ..... 1 i 45,348.00 72,816.00 City's Job Title DIR. OF ECO. DEV. & MARKETING . . 87,492.00 i 87,492.00 I 87,492.00 67,080.00 '167,080.00 ! 6;,080.00 i.. ..i.. : I 58,392.00 93,420.00 85,512.00, 85,512.00J 85,5~~~~ 73,212.00 65,532.00 65,532.00 165,532.00 , '..". I : 66,000.00 66,000.00 I 66,000.00 . 51,996.00 72,792.00 73,392.00 73,392.00 , 73,392.00-j i I 79,356.00 111,096.00 93,708.00 93,708.00 I 93,708.00 , ... .. . ......... .....1 ...... .... 93,096.00 93,096.00 93,096.00 Economic Dev Coord Economic Development Director Director of Economic Development 49,416.00 'j.. "'q" 1 i I Economic Development Director Econ Dev Coord Economic Development Director Economic Development Director "--i $59,815.50 $88,120.50 -.-- -- $77,453.45l I -I '" I $77,453.45 i I . http://www.surveynavigator.com/tmllsurvey/salaries/salaryresults -pf.asp ?showfilter=true&J obF a... 3/21/2006 ,.- ~ Economic Development Director City of: Average Salary Supervisor Title City Job Title La Marque $45,460 EDC Development Board Econom ic Development Director Pasadena $52,000 Planning Director Economic Development Specialist Missouri City $58,200 City Manager Economic Development Coordinator Friendswood $63,928 City Manager Economic Development Director Webster $67,882 City Manager Economic Development Director Texas City $69,048 Mayor Management Services Executive Director League City $73,396 City Administrator Economic Development Coordinator Sugar Land $84,885 City ManaQer Economic Development Director 4B SALES TAX COLLECTIONS BY FISCAL YEAR, WITH CUMULATIVE PERCENT AGES ncrease ove ncrease ove ncrease ove ncrease ove Amount Cumulativ Prior Year Amount Cumulativ Prior Year Amount Cumulativ Prior Year Amount Cumulativ Prior Year DEC 0.00% 74,981 8.33% 55,015 5.76% -26.63% 75,907 7.40% 37.98% JAN 0.00% 37,601 12.51 % 79,713 14.10% 112.00% 64,606 13.70% -18.95% FER 0.00% 95,607 23.13% 94,538 23.99% -1.12% 104,473 23.89% 10.51 % MAR 0.00% 70,694 30.99% 59,644 30.24% -15.63% 142,690 37.80% 139.24% APR 0.00% 80,642 39.94% 72,576 37.83% -10.00% 60,014 43.66% -17.31 % MAY 0.00% 112,040 52.39% 98,620 48.15% -11.98% 104,497 53.85% 5.96% JUN 0.00% 56,518 58.67% 66,398 55.10% 17.48% 65,130 60.20% -1.91% JUL 0.00% 53,133 64.58% 76,268 63.08% 43.54% 62,891 66.33% -17.54% AUG 0.00% 86,667 74.20% 102,538 73.82% 18.31 % 105,048 76.57% 2.45% SEP 50,484 26.74% 62,981 81.20% 24.75% 70,029 81.14% 11.19% 89,399 85.29% 27.66% OCT 53,865 55.26% 71,969 89.20% 33.61% 80,628 89.58% 12.03% 70,177 92.14% -12.96% NOV 84,4 72 100.00% 97,220 100.00% 15.09% 99,532 100.00% 2.38% 80,644 100.00% -18.98% TOTAL 188,821 % D. over PY 900,053 % D. over PY 376.67% 955,499 % D. over PY 6.16% 1,025,476 % D. over PY 7.32% Avg % Inc #DIV/O! Avg % Inc 24.48% Avg % Inc 12.63% Avg % Inc 11.35% ncrease ove ncrease ove ncrease ove Amount Cumulativ Prior Year Amount Cumulativ Prior Year Amount Cumulativ Prior Year Amount DEC 70,749 7.68% -6.79% 66,358 6.65% -6.21 % 77,258 7.30% 16.43% 83,572 JAN 60,893 14.28% -5.75% 64,039 13.07% 5.17% 79,657 14.82% 24.39% 91,203 FER 111,674 26.40% 6.89% 99,282 23.02% -11.10% 110,784 25.29% 11.58% 115,093 MAR 70,048 34.00% -50.91% 62,134 29.24% -11.30% 74,949 32.36% 20.62% 84,512 APR 61,288 40.65% 2.12% 59,095 35.17% -3.58% 70,284 39.00% 18.93% 95,383 MAY 87,036 50.09% -16.71% 107,656 45.96% 23.69% 108,753 49.28% 1.02% 135,514 JUN 77,799 58.54% 19.45% 85,247 54.50% 9.57% 67,672 55.67% -20.62% 104,076 JUL 71,445 66.29% 13.60% 72,799 61.80% 1.90% 90,556 64.22% 24.39% AUG 77,038 74.65% -26.66% 98,905 71.71% 28.38% 112,827 74.88% 14.08% SEP 78,683 83.18% -11.99% 72,694 78.99% -7.61% 79,427 82.38% 9.26% OCT 69,380 90.71% -1.14% 72,058 86.21 % 3.86% 87,055 90.60% 20.81% NOV 85,593 100.00% 6.14% 137,559 100.00% 60.71% 99,485 100.00% -27.68% TOTAL 921,625 % D. over PY -10.13% 997,827 % D. over PY 8.27% 1,058,708 % D. over PY 6.10% 709,353 Avg % Inc -5.98% Avg % Inc 7.79% Avg % Inc 9.44% 6/22/2006 12:55 PM City of La Porte, Texas Long Range Plan for the General Debt Service Fund Estimated Projected Proj ected Projected Projected Proj ected Proj ected Proj ected Projected Projected 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 Beginning Working Capital 1,704,632 1,702,319 1,688,209 1,563,457 1,526,254 1,558,602 1,657,521 1,845,735 2,121,235 3,295,519 Plus Revenues: Property Taxes - Current 1,566,793 1,791,834 1,845,589 1,900,957 1,957,986 2,016,726 2,077,228 2,139,545 2,203,731 2,269,843 Property Taxes - Delinquent 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 Transfer from Section 4B 740,060 732,180 723,940 720,250 712,460 710,720 708,590 705,920 Transfer from Utility Fund 135,668 156,135 154,396 157,097 157,769 156,188 158,256 156,177 157,439 Interest Income 77,586 89,500 25,323 23,452 22,894 23,379 24,863 27,686 31,819 49,433 Total Revenues 2,419,439 2,784,182 2,785,987 2,834,055 2,885,437 2,943,594 3,001 ,869 3,066,407 2,426,727 2,511,715 Less Outstanding Issues: 1998 GO Bonds 201,406 193,594 186,563 180,781 175,469 170,156 164,844 159,531 2000 GO Bonds 283,844 273,344 262,844 252,344 243,194 259,744 250,556 241,194 2000 CO Bonds 269,550 259,050 248,550 238,050 228,900 221,250 213,750 206,250 2002 GO Bonds 504,158 492,683 481,208 469,733 458,258 446,783 435,645 424,845 2004 CO Bonds 470,510 473,130 475,390 482,200 483,560 489,470 494,840 499,670 2005 CO Bonds 130,955 131,453 129,470 127,423 130,228 132,798 130,210 132,458 129,538 131,443 2005 GO Bonds 561,329 564,333 563,533 562,333 565,633 563,239 565,142 561,529 562,40 I 562,654 2006 CO Bonds 342,180 467,604 464,448 470,623 465,823 465,410 469,798 467,623 468,498 2006 GO Bonds 68,527 95,579 93,948 97,226 95,414 93,258 95,633 92,883 95,008 Total Outstanding Issues 2,421,752 2,798,292 2,910,739 2,871,258 2,853,089 2,844,675 2,813,654 2,790,907 1,252,444 1,257,602 Tota] Outstanding 2,421,752 2,798,292 2,910,739 2,871,258 2,853,089 2,844,675 2,813,654 2,790,907 1,252,444 1,257,602 Ending Working Capital 1,702,3 ]9 1,688,209 ] ,563,457 1,526,254 1,558,602 1,657,521 1,845,735 2,121,235 3,295,519 4,549,632 Estimated Tax Rate Days of Working Capital 257 220 196 194 199 213 239 277 960 1,320