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HomeMy WebLinkAbout02-22-16 Meeting of the La Porte Development Corporation Board of DirectorsRIC HARP WARREN, PRESIpENT MIKE CLAUSEN, BOARD MEMBER OF e MIKE COOKSLEY, VICE PRESIpENT F - 9 RAN pY WOOpARp, BOARD MEMBER CHUCK ENG ELKEN, BOARp MEMBER <a NANCY OJEpA, BOARD MEMBER JAY MARTIN, no^Kn MEMBER MINUTES OF LA PORTS nEVELOPMENT CORPORATION BOAR MEETING OF FEBRUARY 22, 2016 The City of La Porte development Corporation Board met on February 22, 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: I- CALL TO ORE)ER President Richard Warren called the meeting to order at 5:00 p.m. The following members of the La Porte development Corporation Board were present: Board members Engelken, Clausen, Woodard, Martin and Ojeda. Absent: Vice -President Cooksley_ Staff Present: Corby Alexander, Traci Leach, Patrice Fogarty, Scott Livingston, and Clark Askins_ 2_ CONSENT (Al/ consent agenda items are considered routine by the La Porte Development Corporation Board and wilt be enacted by one motion. There will be no separate discussion of these items un/ess a Board member requests an item be removed and considered separately.) (a) Consider approval or other action of minutes of the La Porte EDPeveloprnl nt Corporation Board meeting held on February 8, 2016 — P_ Fogarty (b) Receive Financial Report — S. Livingston Regarding Item B, Board member Engelken questioned if the projected year end fund balance is $3.4 million. Finance [Director Michael [Dolby responded that is the projection so far. Board member Engelken moved to approve the Consent Agenda Items pursuant to staff recommendations_ Board member Martin seconded. MOTION PASSEL? UNANIMOUSLY 6/0_ Vice -President Cooksley was absent. 3. AUTHORI2:ATIONS (a) Consider approval or other action authorizing $120,000.00 development agreement with Fischer's Hardware, Inc., in connection with incentive grant in the amount of $120,000.00, for infrastructure improvements to property located at 1010 S_ Broadway Street — S. Livingston Economic development Coordinator Scott Livingston presented a summary_ Board member Woodarci moved to authorize a $120,000.00 development agreement with Fischer's Hardware, Inc., in connection with an incentive grant in the amount of $120,000.00 for infrastructure Page 1 of 3 February 22, 20'16, La Porte development Corporation Board Minutes 3 31- 016 aoO Meeting Page 3 improvements to property located at 1010 S. Broadway Street. Board member Ojeda seconded. MOTION PASSED UNANIMOUSLY 6/0. Vice -President Cooksley was absent. (b) Consider approval or other action authorizing an enhancement grant in an amount not the exceed $19,102.60 payable to 4 Ever Clear Pool Chemical Co., LLC., and associated development agreement, for infrastructure improvements to property located at 101 S. Iowa — S. Livingston Economic Development Coordinator Scott Livingston presented a summary. Board member Woodard asked what the maximum amount for is enhancement grants. Economic Development Coordinator Scott Livingston responded $25,000.00. Board member Clausen asked if the roof on the middle building will be repaired. Owner Scott Jensen responded the roof is in good shape and will be treated with a product and then painted. Board member Martin asked Mr. Jensen how long has he been in business at the location. Mr. Jensen responded since April 2014. Board member Martin asked what is the nature of the business. Mr. Jensen responded a swimming pool service company. Board member Woodard asked Mr. Jensen how long he has been in the swimming pool business and where was his previous location. Mr. Jensen responded over 11 years and in the Dickinson area off of FM 517 and Hwy 146. President Warren asked how many employees are employed at the location. Mr. Jensen responded five. Board member Clausen moved to authorize an enhancement grant in an amount not to exceed $19,102.60 payable to 4 Ever Clear Pool Chemical Co., LLC., and approve an associated development agreement for infrastructure improvements to property located at 101 S. Iowa. Board member Woodard seconded. MOTION PASSED UNANIMOUSLY 610. Vice -President Cooksley was absent. 4. SET DATE FOR NEXT MEETING Board members set the next meeting date for Thursday, March 31, 2016, at 5:00 p.m., at the La Porte Police Department Training Room. 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 Economic Development Coordinator Livingston email the 2015-2016 Annual Report of the Economic Alliance Houston Port Region to the Board members. He replied that he would. 6. ADJOURN There being no further business, Board member Woodard moved to adjourn the meeting at 5:22 p.m. Board member Clausen seconded. MOTION PASSED UNANIMOUSLY 610. Respectfully submitted, Patrice Fogarty, City S retary Page 2 of 3 February 22, 2016, La Porte Development Corporation Board Minutes 3-31-2016 EDC Meeting Page 4 Passed and proved on this 315t day of March 2016. Preside t Richard Warren Page 3 of 3 February 22, 2016, La Porte Development Corporation Board Minutes 3-31-2016 EDC Meeting Page 5