Loading...
HomeMy WebLinkAbout12-14-15 Meeting of the La Porte Development Corporation Board of DirectorsRIC HARD WARREN, PRESIDENT MIKE CLAUSE N, BOARD MEMBER MIKE cOOKSLEV, VIcE PRESIDENT O A p RANoV WOOOARO, BOARO MEMBER c HUcK ENGELKEN, BOARO MEMBER V NANCV OJEOA, BOARD MEMBER JAV MARTIN, BOARD MEMBER MINUTES OF LA PORTS MEVELOPMENT CORPORATION BOARn MEETING OF r->ECEMBER -14, 20-15 The City of La Porte C)evelopment Corporation Board met on l3ecember 14, 2015, at the City Hall Council Chambers, 604 West Fairmont Parkway, La Porte, Texas, nt 5-00 p_m. to consider the following items of business: 1. CALL TO ORDER President Richard Warren called the meeting to order nt 5:00 p.m_ The following members cf the La Porte development Corporation Board were present: Vice -President Cooksley, Board members Clausen, Engelken, Woodard, Martin and Ojeda. Staff Present: Corby Alexander, Traci Leach, Patrice Fogarty, Scott Livingston, and Clark Askins. 2_ STAFF REPORTS (a) Receive Financial Report — S. Livingston Finance Clirectcr Michael [Dolby presented the Financial Report from the unaudited statement_ Board member Martin questioned if commitments have been received from Richard Industrial Group and ACT Independent Turbo Service, Inc. Economic development Coordinator Scott Livingston responded no; payment requests have not been received from either_ Mr_ Livingston advised that out of courtesy, they can be reminded; however, it is up them to request payment_ 3_ AUTHORIZATIONS (a) Consider approval of minutes of the meeting of La Porte development Corporation Board held on November 1 1. 201 5 — S. Harris Board member Engelken moved to approve minutes of the meeting of La Porte development Corporation Board held on November 11, 2015- Vice -President Cooksley seconded. MOTION PASSED_ Ayes: President Warren, Board members Vice -President Cooksley, Board members Woodard, Clausen, Engelken, Ojeda and Martin Nays: None Absent: None (b) Consider approval or other action authorizing an enhancement grant amount not to exceed $42,057.86 to Brotamonte Asset 1, LLC., at the completion of the project — S_ Livingston Economic E:)evelOpment Coordinator Scott Livingston presented a summary_ Page 1 of 3 E a --I ar 14, 2015, La Porte Development Corporation Board Minutes Board member Woodard questioned the wording "new and expanding business enterprises" in the summary and recommendation of the agenda request. Economic Development Coordinator Scott Livingston responded this is a legal justification for spending economic development funds, and Assistant City Attorney Clark Askins advised the statute does not reference residential development and that Board members are to use their best judgement on the definition of "new and expanding business enterprises." Board member Woodard asked if the project is for Section 8 housing. Mr. Livingston responded no. Board member Woodard asked if half the amount of the project will be spent on renovating the interior of the apartments. Mr. Edwin Brotamonte, the new owner of the Sylvan Beach Apartments, responded yes. Mr. Brotamonte presented his plan for the proposed project for the Sylvan Beach Apartments. Board member Woodard asked what percentage of the units are leased; and if he is a general partner. Mr. Brotamonte responded 65 percent of the units are leased; and, yes, he is a general partner. Board member Woodard asked if the rental rates will be raised. Mr. Brotamonte responded this is a Class C community, and rates will reflect the community. Board member Martin asked if criminal background checks are run on new tenants. Mr. Brotamonte responded yes. Board member Woodard asked if this is the first apartment complex owned. Mr. Brotamonte responded yes. Board member Woodard asked Economic Development Coordinator Scott Livingston whether, with the development agreement, renovations can be first done to the interior of the apartments. Mr. Livingston responded not according to the enhancement grant program. Board member Clausen commented affordable housing is needed in the City of La Porte and wishes that the Board could be guaranteed renovations are being done to the interior. Board member Ojeda commented she has concerns if the definition means to an expanding business and also commented asphalt repairs will go a long way for beautifying the neighborhood in the area of the proposed project. Board member Martin moved to table an enhancement grant amount not to exceed $42,057.86 to Brotamonte Asset 1, LLC. at the completion of the project until Staff brings back more information. Vice -President Cooksley seconded. MOTION PASSED. Ayes: President Warren, Board members Vice -President Cooksley, Board members Woodard, Clausen, Engelken, Ojeda and Martin Nays: None Absent: None 4. SET DATE FOR NEXT MEETING Board members set the next meeting date for Monday, January 11, 2016, at 5:00 p.m. 5. BOARD MEMBER COMMENTS regarding matters appearing on agenda; recognition of community members, city employees, and upcoming events; inquiry of staff regarding specific factual information or existing policies. Board member Woodard requested an agenda item to discuss changing the Bylaws for the La Porte Development Corporation for the next meeting. Page 2 of 3 December 14, 2015, La Porte Development Corporation Board Minutes Board member Ojeda thanked Mr. Brotamonte for investing in the City of La Porte and asked for an update on the restrooms at Five Points. Economic Development Coordinator Scott Livingston advised he is working with Assistant City Manager Traci Leach and City Manager Corby Alexander and will have information after the first of the year. President Warren thanked everyone for attending the meeting and commented he wants everyone to understand the duties and decisions made by the La Porte Development Corporation. 6. ADJOURN There being no further business, Vice -President Cooksley moved to adjourn the meeting at 6:44 p.m. Board member Woodard seconded. MOTION PASSED. Respectfully submitted, Patrice Fogarty, Ci ecre Passed and approved on this 11th day of January, 2016. President Richard Warren Page 3 of 3 December 14, 2015, La Porte Development Corporation Board Minutes