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HomeMy WebLinkAbout02-08-16 Meeting of the La Porte Development Corporation Board of DirectorsRICHARU WARREN, PRESIDENT MIKE CLAUSEN, BOARD MEMBER MIKE COOK- LE . VICE PRESIDENT O 9 RAN UY WOOUARO, BOARD MEMBER CHUCK ENGELKEN, BOARD MEMBER O ^� NANCY OJEOA, BOARD MEMBER JAY MARTIN, BOARS MEMBER z►� MINUTES OF LA PORTS nEVELOPMENT CORPORATION BOARn MEETING OF FEBRUARY 8, 20-16 The City of La Porte development Corporation Board met on February 8, 2016, at the City Hall Council Chambers, 604 West Fairmont Parkway, La Porte, Texas, at 5:00 p_m_ to consider the following items of business: CALL TO ORE)ER President Richard Warren called the meeting to order at 5:03 p.m_ The following members of the La Porte E)evelopment Corporation Board were present: Board members Engelken, Woodard, Martin and Ojeda. Absent: Vice -President Cooksley and Board member Clausen. Staff Present: Corby Alexander, Traci Leach, Patrice Fogarty, Scott Livingston, and Clark Askins. 2_ CONSENT (A// consent agenda items are considered routine by the La Porte Development Corporation Board and will be enacted by one motion_ There will be no separate discussion of these items unless a Board member requests an item be removed and considered separate/y_) (a) Consider approval or other action of minutes of the La Porte [Development Corporation Board meeting held on January 1 1, 2016 — P_ Fogarty (b) Receive Financial Report — S_ Livingston (c) Consider approval or other action authorizing staff to execute payment in the amount of $100,000.00 to Gantstein Esquire, LLC_, (the Pipeline Grill) for completed infrastructure, site improvements, and other related improvements for building site at 1003 Spencer Hwy., in accordance with terms of incentive agreement — S_ Livingston Regarding Item B, Board member Engelken questioned if the projected year end fund balance is $3.4 million or $2.4 million_ Economic development Coordinator responded 3.4 million_ Board member Engelken moved to approve the Consent Agenda Items pursuant to staff recommendations. Board member Woodard seconded_ MOTION PASSED UNANIMOUSLY 5/0_ Vice -President CooKsley and Board member Clausen were absent. 3_ E>ISCUSSION ANC POSSIBLE ACTION (a) [Discussion and possible action regarding the proposed Economic development Strategic Plan Update — S_ Livingston Economic development Coordinator Scott Livingston presented a summary for updating the 2009 Economic development Strategic Plan and it being a necessary tool to acquire certification as an Accredited Economic development Organization_ Page 1 of 2 February 8, 2010, La Porte V—Ie F—rvt Corporation Board Minutes Board member Engelken asked if the 2009 Economic Development Strategic Plan is available on the City's website. Economic Development Coordinator Scott Livingston responded he will have to check the website for confirmation. Board member Engelken commented the plan should have been available on the website for potential investors. Board member Ojeda commented not much has changed from the 2009 Economic Development Strategic Plan. It would be nice to have an updated plan; and if it is needed for accreditation, a new plan should be done. President Warren commented he likes the idea of acquiring certification as an Accredited Economic Development Organization and understood that is why the funds were budgeted. Board member Woodard suggested the update be done in-house by Mr. Livingston. City Manager Corby Alexander asked the Board if Staff should change from a heavy incentive base or go to quality of life issues. Mr. Alexander then suggested Staff come back to narrow down a topic of discussion on specific areas for updating the Economic Development Plan. 4. SET DATE FOR NEXT MEETING Board members set the next meeting dates for Monday, February 22, 2016, and Monday, March 14, 2016, at 5:00 p.m. Mr. Livingston advised he will tentatively schedule a Workshop meeting at the end of March. 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 Ojeda requested an update on the quality of life project. 6. ADJOURN There being no further business, Board member Engelken moved to adjourn the meeting at 5:38 p.m. Board member Woodard seconded. MOTION PASSED UNANIMOUSLY 5/0. Vice -President Cooksley and Board member Clausen were absent. Respectfully submitted, Patrice Fogarty C y Secref4iry Passed and approved on this 22nd day of February 2016. President Richard Warren Page 2 of 2 February 8, 2016, La Porte Development Corporation Board Minutes