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HomeMy WebLinkAbout07-24-06 - Regular Called Meeting of La Porte Development Corporation MINUTES OF THE LA PORTE DEVELOPMENT CORPORATION July 24, 2006 1. Call to Order President Pat Muston called the meeting to order at 5: 00 p.m. Members Present: Bill Love, Mike Clausen, Ed Matuszak, Chuck Engelken, Tommy Moser and Pat Muston. Members Absent: Deborah Johnson Staff Present: City Secretary Martha Gillett, Assistant Finance Director Michael Dolby, Assistant to the City Manager Crystal Scott, City Manager Debra Feazelle, Assistant City Secretary Sharon Harris, Erica Mochman, Assistant City Manager Cynthia Pearson and Assistant City Manager John Joerns Others Present: None 2. Motion was made by Committee Member Engelken to approve the Minutes of June 26. 2006 with corrections. Second by Committee Member Love. Motion carried unanimously. Ayes: Bill Love, Ed Matuszak, Pat Muston, Mike Clausen, Chuck Engelken and Tommy Moser. Nays: None Abstain: None 3. Discussion and Follow up on Budget & Economic Development Position was discussed. City Manager Debra Feazelle gave an overview on the Budget and Economic Development Position and noted Seabrook was added to the survey. Propose 4B Fund position as mid administration level. They would be a City of La Porte employee but be reimbursed by 4b. City Manager Debra Feazelle suggested a board member be assigned to work with position and report to City Manager's Office. Bill Love made a motion to move forward with Economic Development Coordinator direct hire & funds to pay salary. Motioned carried unanimously. Consensus of committee. Bill Love will work with City on hiring process. Mike Clausen noted we need to continue to evaluation position and determine its results for the City. La Porte Development Corporation -7/24/06- Page 2 Jobs and increased revenues should also be tracked. 4. Administrative Reports There were no administrative reports. 5. Board Comments Committee member Pat Mutson would like the city to consider Break Water Project for water front. City Manager Debra Feazelle advised there is a project in the process. 6. EXECUTIVE SESSION - PURSUANT TO PROVISION OF THE OPEN MEETINGS LAW, CHAPTER 551.071 THROUGH 551.076, 551.087, TEXAS GOVERNMENT CODE, (CONSULTATION WITH ATTORNEY, DELIBERATION REGARDING REAL PROPERTY, DELIBERATION REGARDING PROSPECTIVE GIFT OR DONATION, PERSONNEL MATTERS, DELIBERATION REGARDING SECURITY DEVICES, OR EXCLUDING A WITNESS DURING EXAMINATION OF ANOTHER WITNESS IN AN INVESTIGATION, DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS) 7. CONSIDERATIONS AND POSSIBLE ACTION ON ITEMS CONSIDERED IN EXECUTIVE SESSION. There were no executive session items. 8. Adjournment Motion was made by Committee Member Moser to adjourn the meeting. Second by Committee Member Engelken. The meeting was duly adjourned at 5:29 p.m. 11t~ Respectfully submitted, Martha A. Gillett City Secretary/La Porte Development Corporation Secretary 5~ ,2006. 3 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 1,209,077 123,500 Total Revenues 1,332,577 Equals Total Resources 5,068,382 Less 06-07 Expenditures: Operations Debt Service Transfer 100,000 732,180 Total Expenditures 832,180 Equals Estimated Working Capital 9130/07 4,236,202 Revenues Expenditures & Commitments Estimated Fund Balance Usage Estimated 2005-06 1,249,360 740,060 509,300 Projected 2006-07 1,332,577 832,180 500,397 7-33 City of La Porte La Porte Development Corporation Fund (038) Statement of Revenues Actual Budget Revised Projected Object Description 2004-05 2005-06 2005-06 2006-07 Charges for Services: 403.02-00 1/2 Cent Sales Tax 1,058,708 I,ll 7,500 1,186,612 1,209,077 Charges for Services Subtotal 1,058,708 I,ll 7,500 1,186,612 1,209,077 Interest: 483.01-00 Interest Income 61,112 65,390 107,061 123,500 Interest Subtotal 61,112 65,390 107,061 123,500 Total La Porte Development Corp Fund Revenues 1,119,820 1,182,890 1,293,673 1,332,577 , , \ 7-34 Section 4B 1/2 Cent Sales Tax FY 06-07 Expenditure Summary Actual Budget Estimated Requested Percent 2004-05 2005-06 2005-06 2006-07 Change Services & Charges 280,050 740,060 740,060 832,180 12.45% Division Total 280,050 740,060 740,060 832,180 12.45% Scope of Services Summary Personnel Position Roster Approved 2004-05 Approved 2005-06 Requested 2006-07 Economic Development Coordinator 1.00 Total 1.00 7-35 City of La Porte, Texas Section 4B 1/2 Cent Sales Tax 038-6030-565 Detail of Expenditures Actual Budget Estimated Requested 2004-05 2005-06 2005-06 2006-07 Services & Charges: 9037 Transfer to Debt Service 280,050 740,060 740,060 732,180 9997 Special Programs 100,000 Services & Charges Subtotal 280,050 740,060 740,060 832,180 Division Total 280,050 740,060 740,060 832,180 7-36 4 ~ Retirement Reception Honoring Cynthia Alexander- Pearson, Assistant City Manager RECEIVED SEP 1 9 2006 CITY SECRET OFFICE ARY'S Please join us in saying good-bye to Cynthia. Date: October 17,2006 Time: 4:00-7:00 pm Place: 1 Sylvan Beach Drive La Porte, Texas 77571 Please RSVP by October 9,2006 Contact Paula Bradstreet at 281-470-5039 or bradstreetp@ci.1a-porte.tx.us Weare building a scrapbook for Cynthia. If you would like to share a story, picture, or anything you can think of please send it to Paula by October 11, 2006. 5 6 Message Page 1 of 1 Dolby, Michael From: Wolny, Shelley Sent: Tuesday, September 19, 2006 9:37 AM To: Dolby, Michael Subject: FW: sales tax Attachments: Sales Tax History_4B.xls The sales tax receipt for September has been posted. September receipts for the 4B Fund are up by 10.55% ($8,381) from September of 2005. For the fiscal year to date, receipts for the 4B Fund are up 16.5%, or $144,221 over the prior year. If we collect the same amount as 2005 for the remainder of the 2006 fiscal year, we will end with total sales tax receipts for the 4B Fund of $1,202,930, which would be $85,430 over the original FY 2006 budgeted projection of $1,117,500. Let me know if you need anything else. Shelley 9/1912006 NO BACK UP PROVIDED LA PORTE ECONOMIC DEVELOPMENT CONTACTS o Aerospace I Aviation 2 Bio / Medical I Health o Communications 14 Chemicals & Plastics o Defense Research & Development o Environmental/ Marine Research o Ellington Field 2 Hospitality I Hotels I Tourism 1 Information Technology 16 Manufacturing 8 Other 1 Retail Sales 15 Warehousing / Distribution RtQ~P.i~~\$9j;ir~ilt't;\'&~fi)~10~€~t'~:;'~(}i;~tr-9U!li1.9Ydt Alliance A 32 Bay Area Houston BA 38 Broker B 3 Consultant C 0 LP Chamber LPC 1 Greater Houston GHP 1 Governor's Office G 1 PhonelWebsite P 0 Staff S 1 Tradeshow T 3 TiJ~gl~'.l;igtj1jf.~\\;~\~Y;X~n4l~t).:?z:"~;~\~}:~~~i~t~~~~~~~ql1~~1B~{if: A Aerospace I Aviation B Bio/ Medical/ Health CM Communications CP Chemicals & Plastics D Defense Research & Development E Environmental J Marine Research EF Ellington Field H Hospitality / Hotels / Tourism IT Information Technology M Manufacturing 0 Other R Retail Sales W Warehousing I Distribution A Jan-05 85-750 7.47 0 5/5/2005 Waiting on res one from the state. Conference call held between BAHEP and prospect on political support for project. Outlook looks Project Soun Chemical Manufacturin BA Nov-04 5 0 0 CP 5/23/05 good on com an finances. ro'ed still alive - we're uchin for total investment in BAH re ion. Prospect has followed up with broker on one of the sites - there were a few questions that needed Project Dakota Distribution Warehouse B-BA Mar-05 unknown 24 unknown M 6/20/05 answers. We will roceed with assistance when we hear back from pros ct. Project Dial Medical Facili B-BA A r-05 unknown unknown 7.000 B 6/18/05 Three sites under consideration. Client is unsure of 1 or 2 locations; may 'ust do a mid- oint. Met w/ site leader who mentioned company is investigating options for new investments and Chemical Manufacturin T-BA Jan-05 4 5 0 CP 3/23/05 expansion. Estimates $20 million in investment upgrades Chemical Manufacturin BA Jan-05 25 35 0 CP 5/26/05 Com an still investl atin options. Site visits held at end of Ma in TX, MI and LA. Project Ethel Chemical Manufacturin T Jan-05 unknown unknown unknown CP 6/9/05 Chemical Manufacturing T Jan-05 20 45 0 CP 3/9/05 Industrial Rec cling BA Jan-05 45 10 25,000 M 1/30/05 Office / Warehouse S-BA Jun-05 50 0 30,000 0 1/19/05 Met with ros ect to discuss rail concerns. Pro'ect is continuin to move forward for this re ion. Company has not finalized a location but have sele d two regions for expansions. Currently crunching numbers on barge rates and wage salaries. Expect short list to be finalized within 45 Ethanol Production G Mar-05 45 60 0 CP 6/20/05 da s. Project Allinone Pro'ect Office H:\My Documents\Documents\Economic Development\LP ED Contacts-Active.xls 7/6/2006 Jt LA PORTE ECONOMIC DEVELOPMENT CONTACTS g~J~P~~~ Rf,9J~~N~,.. . .. ." Stars Tourism A H Marisol Hospitality A H Azteca Entertainment A 0 - BA ~ unknown unknown MOO G ~ ,no .,",In, Aulomoti'/e Insuranoe BA May-Qa 4OO-2W unknown 2&;OOG G ~ L;urrently reviewing all sites sUbmlttea tor I exas as well as others In the Southeastern US. Project Brazos Plastic pellet processinQ A Mav-05 55 20 10,000 CP 6/7/2005 Anticioate shortlisting sites within the next 2 to 3 weeks. Found tip about this lead from specially publication. Followed up with contacts at company HQ and currently building information to submit for proposal. Project rep. indicated Project Eastenders Chemical Manufacturina A May-05 30 10 0 C 6/17/2005 comoanv would investiaate capacity at current sites first, then look for new sites. SNF Andrezieux Polvmer Production LPC Mar-05 unknown 200 unknown CP 3/29/05 Information was sent to a list of brokers by the Citv of La Porte. pr-ejeot Baok Steel Distfisldtion BA JaR-Q& -1-00 ~ IffikRewA W #lIQ& . n. i=lfifltiAa BA Maf-(l& ~ ~ w,goo M ~ -, n. Proiect Runway Commercial HVAC SA Apr-05 90-150 5 60,000 M 6/1 0/05 The proiect is still considerino options at this time. Awaitino a decisionl I~ ~ BA Af}f-Q& ~ + 2Q,QOO + ~ GHP- ~ ~ ~ 4W;QOO W 6/20/2005 .. . . Project Red-Eye WhseJLoQistics A Jun-05 ? 150 ? W 6/30/2005 Initial site visit / tarQet 5 miles from Barbours Cut GHP- ~ .:t-2 :+ W 10/31/2005 Project Preschool Private Preschool BA Jul-05 ? 1-1.5 9,000-10,00 0 6/22/2005 Information was sent to a list of brokers by the City of La Porte. Project Industry WhseJDistribution BA Jul-05 ? 15 120-150,000 W 7/25/2005 Information was sent to a list of brokers by the City of La Porte. Proj. Aztec/Merisol A Jul-05 ? ? ? ? 8/1/2005 Waitino on schedule for visit Project Hermes Plastic pellet processinq BA Aug-05 20 10-15 40,000 CP 8/5/2005 Available sites sent to prospect by BAHEP. Number 1 Warehouse/T ruckina BA Aug-05 ? 5-6 20,000 W 8/5/2005 Information was sent to a list of brokers by the City of La Porte. Number 2 Welding Suppy/Fabricati BA AUQ-05 ? 5-6 20,000 0 8/5/2005 Information was sent to a list of brokers by the City of La Porte. Number 3 Manufacturinq SA AUQ-05 ? 4-10 80,000 M 8/5/2005 Information was sent to a list of brokers by the City of La Porte. Project BP Chemical BA Auo-05 40 50 ? CP 8/26/2005 BAHEP Rep. submitted possible sites to the ED Office of the Governor. Project B20 Chemical SA AUQ-05 15 10 5,000 CP 8/26/2005 BAHEP Rep. submitted possible sites to the ED Office of the Governor. Project Bond Chemical A AUQ-05 400 50 ? CP 8/31/2005 I(Phase DAlliance Rep. submitted possible sites and incentives. Project Green Warehouse A Seo-05 ? ? 200-250,000 W 9/16/2005 Project Glaze ManufacturinQ BA Oct-05 75 40 ? M 10/31/2005 Information was sent to a list of brokers by the City of La Porte. Humminabird Manufacturing SA Oct-05 350 60-100 500,000 B 10/6/2005 Information was sent to a list of brokers by the City of La Porte. Project ISP Chemical Manufacturino A Oct-05 35 ? ? CP 10/26/2005 Prosoect is scheduled to meet with LP and Ha. Co. Officials early November. Project ARK WhseJLoqistics BA Oct-05 50 W 11/212005 Expansion by existing company. H:\My Documents\Documents\Economic Development\LP ED Contacts-Active. xis 2 7/6/2006 LA PORTE ECONOMIC DEVELOPMENT CONTACTS C()rt{Pls'nY~ li:"':'<:;;':L\~_. _....'......I;;\~!'{\'.;' , '.. . . t,f;i,,";' , . / ;.<t, .... :,r ;"'c; ~f~j~~~Mii:' ~t~iu~p~t~, '. Inquiry NO.1 Manufacturing SA Nov-05 4,000 M 11/3/2005 Information was sent to a list of brokers by the City of La Porte Inquiry NO.2 SA Nov-05 3-5 50-100,000 11/3/2005 Information was sent to a list of brokers by the City of La Porte Inquiry No.3 Whse/Distribution SA Nov-05 10-12 200-250,00C W 11/3/2005 Information was sent to a list of brokers by the City of La Porte Inquiry NO.4 SA Nov-05 10-20,000 11/3/2005 Information was sent to a list of brokers by the City of La Porte Project Angle Manufacturing SA Dec-05 45-50 130-165,000 W 12/13/2005 Information was sent to a list of brokers by the City of La Porte ~ " Al*-Q4 T:Jx abatoment contract approved by Ha. Co. Comp::my ROW in final stage of now A ~ W M 11/11/2005 ~~~" Proiect Check Manufacturing A Jan-06 10-40,000 M 1/6/2006 Information was sent to a list of brokers by the City of La Porte Proiect Freeze Whse/Distribution A Jan-06 20-50,000 W 1/6/2006 Information was sent to a list of brokers by the City of La Porte Proiect Call Information Technology A Jan-06 50-125,000 IT 1/6/2006 Information was sent to a list of brokers by the City of La Porte Proiect Partner A Dec-05 5-1 ,000 12/19/2005 Information was sent to a list of brokers by the City of La Porte Proiect Store Retail A Dec-05 8,000 R 12/19/2005 Information was sent to a list of brokers by the City of La Porte Proiect SawYer Whse/Distribution A Dec-05 5,000 W 1/6/2006 Information was sent to a list of brokers by the City of La Porte Proiect Waterway A Jan-06 80-120,000 1/13/2006 Information was sent to a list of brokers by the City of La Porte Proiect Vanquish Manufacturing A Dec-05 100+ M 5/21/2005 Information was sent to a list of brokers by the City of La Porte Proiect Pellet Whse/Distribution A Jan-06 8-10 175-250,000 W 1/23/2006 Information was sent to a list of brokers by the City of La Porte Proiect Fitter A Jan-06 4-5 1/23/2006 Information was sent to a list of brokers by the City of La Porte Proiect Piston Manufacturing A Mar-06 122,000 M 3/23/2006 Information was sent to a list of brokers by the City of La Porte Project Northwest A Mar-06 27-48,000 3/23/2006 Information was sent to a list of brokers by the City of La Porte Proiect Citywide A Mar-06 3 12-20,000 3/23/2006 Information was sent to a list of brokers by the City of La Porte Proiect Oxford Clothing Distribution SA Feb-06 250 0 565,000 W 2/24/2006 Submitted porposal to client with 3 incentive possibilities. Client will develop phase I of this projecl- to build whse/distJmfg. space on 80 ac. Phase II will be to bring in companies from outside the region. LaPorte is working to fast-track Proiect Hot Manuf./Distribution SA Mar-06 0 80 0 W 3/9/2006 this proiect. LeQal counsel will set forth a process. Project California Manufacturing SA Feb-06 125 75 700,000 M 3/10/2006 Prospect will be viewina sites around Texas during the week of March 13. Prospect is seeking additional land near iste for suppliers. Need assistance with FTZ and Project Summit Chemical Manufacturing SA Feb-06 5 5 0 CP 3/3/2006 Freeport issues. Project Recall SA Apr-D6 4/26/2006 Two La Porte sites submitted by Bay Area Houston. Project Suds Manufacturing BA Apr -06 30+ 400-450,000 M 4/24/2006 Information was sent to a list of brokers by the City of La Porte Project Paint A Apr -06 5-10 10,000 4/26/2006 Information was sent to a list of brokers by the City of La Porte proiect Pear A May-06 3-10,000 5/16/2006 Information was sent to a list of brokers by the City of La Porte Project Eiffelll A Jun-06 2 75-95,000 6/8/2006 Information was sent to a list of brokers by the City of La Porte proiect Monsoon Chemical Manufacturina SA Jun-06 7-10 20-60,000 M 6/15/2006 Information was sent to a list of brokers by the City of La Porte Proiect Scrap Manufacturina A Jun-06 120-170,000 M 6/16/2006 Information was sent to a list of brokers by the City of La Porte Proiect PT A Jun-06 150-250,000 6/16/2006 Information was sent to a list of brokers by the City of La Porte Project Fab A Jun-06 6-10 100-200,000 6/16/2006 Information was sent to a list of brokers by the City of La Porte Project CB-BP A Jun-06 50-100,000 6/16/2006 Information was sent to a list of brokers by the City of La Porte Project Petro Distribution SA Jun-06 5,000 W 6/28/2006 Gave BAHEP a couple of locations in La Porte. H:\My Documents\Documents\Economic DevelopmentlLP ED Contacts-Active.xls 3 7/6/2006 LA PORTE ECONOMIC DEVELOPMENT CONTACTS i',.,;",. ~ ~ '''. ';," .I! q ",'.,. all'! ."'t, Proiect Freedom Manufacturinq BA Jun-06 M 6/28/2006 Information was sent to a list of brokers bv the citY of La Porte H:\My Documents\Documents\Economic Development\LP ED Contacts-Active.xls 4 7/6/2006 LA PORTE ECONOMIC DEVELOPMENT CONTACTS COMPLETED/SUCCESS "", ;,'.;.:"'~'" ""N,.,,';,"':::, ';~"-'$, Proiect Rebound WhseJLogistics GHP Jun-05 Tax abatement contract approved by Ha. Co. Company finalized and received LP City Council approval on February Project Pop Catalyst A Apr-04 25 10 M 11/11/2005 13,2006 Designated Reinvestment Zone "B"-Packwell, Inc. on May 8, 2006. City Council will consider approval of a Tax Proiect Combine WhseJLogistics GHP Jun-G5 25 20 450,000 W 7/6/2006 Abatement Agreement on Julv 10, 2006.