HomeMy WebLinkAbout08-22-12 Meeting of the La Porte Redevelopment AuthorityLa Porte Redevelopment Authority,
City of LaPorte, Texas
Minutes of the Board Meeting
Held August 22, 2012
1. Call to order — Doug Martin, Vice President
The Board of Directors of the La Porte Redevelopment Authority, City of LaPorte, Texas, held a
meeting, open to the public, on the 22°d day of August, 2012; the meeting was called to order at
6:42 p.m. in the City Council Chambers of the City council conference Room, 604 West
Fairmont Parkway, La Porte, Texas; and the roll was called of the duly appointed members of the
Board, to wit:
Peggy Antone Position 1
Dave Turnquist Position 2
Alton Porter Position 3
Horace Leopard Position 4
Doug Martin Position 5
JJ Meza Position 6
Lloyd Graham Position 7
Chester Pool Position 8
Lin Pfeiffer Position 9 - Chairman
and all of the above were present except Directors Graham and Pfeiffer, thus constituting a
quorum. Also present at the meeting were Stacey Osborne, Corby Alexander, representative of
National and Bill Calderon.
2. Consider approval of the minutes of Board of Directors Meeting held on April 4, 2012.
Upon motion made by Director Pool, seconded by Director Porter, the board voted unanimously
to approve minutes as presented.
3. Receive and consider report regarding distribution of tax increment funds in accordance
with approved development agreements.
Mr. Calderon reviewed the report with the board and responded to questions and comments from
the board. There was specific discussion with regard to the calculation of the city's 5% city
services fee. Upon motion made by Director Pool, seconded by Director Turnquist, the board
voted unanimously to approve the funds distribution.
4. Receive and consider Redevelopment Authority's FY 2012-13 Budget
Mr. Calderon reviewed the proposed budget with the board and answered questions. Upon
motion made by Director Antone, seconded by Director Turnquist, the board voted unanimously
to approve the FY 2012 —13 Budget
5. Receive report from city, staff and developers with regard to development within
the boundaries of the tax increment reinvestment zone.
Staff informed the board that 10 single family homes were under construction in the Lakes of
Fairmont Greens development.
6. Consider approval or other action with regard to authority invoices.
Mr. Calderon presented the invoices. Upon a motion made by Director Porter, and being
seconded by Director Turnquist, the board unanimously approved payment of the invoices.
7. Board comments ---None were offered.
8. Adjournment.
Chairman Martin adjourned the meeting at 7:25 PM.
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SIGNED: ATTEST:
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