HomeMy WebLinkAbout06-11-14 Meeting of the La Porte Redevelopment Authority minutesMINUTES OF THE MEETING OF THE
LA PORTE REDEVELOPMENT AUTHORITY
CITY OF LA PORTE, TEXAS
BOARD OF DIRECTORS
June 11, 2014
CALL TO ORDER — LINDSAY PFEIFFER, PRESIDENT.
The Board of Directors of the La Porte Redevelopment Authority, City of La Porte, Texas,
held a regular meeting, open to the public, on Wednesday, June 11, 2014, at 6:30 p.m., in the
Council Chambers of City Hall, 604 West Fairmont Parkway, La Porte, Texas, and the roll was
called of the duly appointed members of the Board, to -wit:
Peggy Antone, Secretary
Position 1
Dave Turriquist
Position 2
Alton Porter
Position 3
Horace Leopard
Position 4
Doug Martin, Vice Chair
Position 5
JJ Meza
Position 6
Lloyd Graham
Position 7
Chester Pool
Position 8
Lindsay Pfeiffer, Chair
Position 9
and all of the above were present with the exception of Directors Alton Porter and Lloyd Graham,
thus constituting a quorum. Also present were David Hawes and Linda Clayton, both of Hawes
Hill Calderon, LLP; and Scott Livingston, La Porte EDC Director. Others attending the meeting
were Alan Mueller, Gromax Development; and James Larson, Lakes at Fairmont Greens.
Chairman Pfeiffer called the meeting to order at 6:32 p.m.
CONSIDER APPROVAL OF THE MINUTES OF THE BOARD OF DIRECTORS MEETING
HELD ON FEBRUARY 19, 2014.
Upon a motion duly made by Director Martin, and being seconded by Director Leopard,
the Board voted unanimously to approve the Minutes of the February 19, 2014, Board meeting,
as presented.
CONSIDER APPROVAL OF REPORT ON APPLYING AGREED UPON PROCEDURES TO
CONSTRUCTION ADVANCE REIMBURSABLE TO MALLADI S. REDDY AND PORT
CROSSING LAND, LP.
Mr. Hawes reported the reimbursements were in accordance with the Development
Agreement with Dr. Reddy and the Public Right of Way Improvement and Funding Agreement
with Port Crossing Land for costs related to the street tie-in at Wharton Weems and State Highway
146. Mr. Hawes answered questions regarding interest. Upon a motion duly made by Director
Tumquist, and being seconded by Director Martin, the Board voted unanimously to approve the
Report and payment of the reimbursements to Mailadi S. Reddy in the amount of $232,500 and
to Port Crossing Land in the amount of $232,500.
CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO AUTHORITY INVOICES
Mr. Hawes presented the Cash Flow Report, FY 2009-2104 and went over the invoices,
included in the Board agenda materials. He reported on June 4, 2014, a wire transfer was
received for the county increment payment. He provided a handout on the Captured Value;
Payments and Adjustments City of La Porte and La Porte Independent School District, a copy is
attached as Exhibit A. He reported the city and school district wire transfer for increment payment
had not been received as yet and he would follow-up with them. He reported he would provide
the 2015 Budget to the next Board meeting for review. Upon a motion duly made by Director
Pool, and being seconded by Director Antone, the Board voted unanimously to approve payment
of the invoices, as presented.
RECEIVE UPDATES FROM THE CITY, DEVELOPERS AND STAFF WITH REGARD TO
DEVELOPMENT WITHIN THE ZONE.
Mr. Hawes reported CobbFendley had went through a sealed bid process for water,
sanitary and drainage improvements for Bayside Crossing. He reported after the invitation for bid
was published twice, three bids were received and Paskey, Inc. was the low bid. He provided a
handout on the bid proposals received, including the two publications, a copy is attached as
Exhibit B. Mr. Hawes reported CobbFendley would provide progress reports with Pay
Applications. Mr. Mueller reported on the project. Mr. Hawes reported the law firm of Andrews
Kurth was drafting a Development Agreement for the land detention. Mr. Livingston provided
information on various properties in the TIRZ area.
BOARD MEMBER COMMENTS.
a. Matters appearing on Agenda.
b. Inquiry of staff regarding specific factual information or existing policy.
Mr. Hawes answered questions presented by the Board.
ADJOURNMENT.
There being no further business to come before the Board, Chairman Pfeiffer adjourned
the meeting at 7:06 p.m.
Secre#
List of Exhibits:
Exhibit A Re -Calculation of the Captured Value
Payments and Adjustments City of La Porte
Payments and Adjustments La Porte Independent School District
Exhibit B Cobb Fendley — bid proposals and publications
2
Ro-Calculation of tho Captured Value; Payments and AdJustments City of La Porte
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Previous
Payments
Previous
Previous
Previous
Previous
Payments Based
Payments
Made June
Payments
Payments
Payments
Payments
a
2000 Tax Year
Total Taxes Collected As of May 2014
$61.402.55
Percentage
on Percentage
Made
2009
Made May 2010 Made May 2011 Made May 2012 Made May 2013
Difference
b
Total Value In tho TIRZ as oftoday
$8,263.320
e
Less the Tax lneremetn Base (1999) Value
$7,7s6,380
87%
$53,684.SS
d
Equals the Captured Appraised Value
$1.041.940
131%
$7,737.70
S8,641.10
$1.1n.03
30.00
30.OD
$0.00
($2,330.53)
$250.10
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Previous
Payments
Previous
Previous
Previous
Previous
Payments Based
Payments
Made June
Payments
Payments
Payments
Payments
2001 Tax Year
percentage
on Percentage
Made
2009
Made May2010 Made May2011 Made May2012 Made May2013
Dlffemnce
a
Total Taxes Collected As of May 2014
$82.488.10
b
Total Value 1n the TIRZ as of today
S8,357,910
c
Less Me Tax Increment Base (1999) Value
S7,226,380
86%
$71,32050
d
Equals the Captured Appraised Value
$1.131.620
14%
S11,167.60
$9,020.54
$53S1
$1,797.67
$0.00
$0.00
(S°.A.76)
$340.64
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Previous
Payments
Previous
Previous
Previous
Previous
Payments Based
Payments
Made June
Payments
Payments
Payments
Payments
2002Tax Year
Percentage
on Percentage
Made
2009
Made May 2010 Made May2011 Made May 2012 Made May2013
Difference
a
Total Takes Collected As of May 2014
$80,049.98
b
Total Value In the TIRZ as of today
$8,026,930
c
Less the Tax Increment Base (1999) Value
$7.226.380
00%
S72,075.33
d
Equals the Captured Appraised Value
S799.550
10%
S7,974.65
$6,072.27
S253.58
$1,221.78
018.37
$0.00
349.89
$358,76
Previous
Previous
Payments
Previous
Previous
Previous
Previous
Payments Based
Payments
Made June
Payments
Payments
Payments
Payments
2003 TaxYcar
Percentage
on Percentage
Made
2009
Made May 2010 Made May 2011 Made May 2012 Made May 2013
Difference
a
Total Taxes Collected As of May 2014
390.118.46
b
Total VOW Inthe TIRZ asoftoday
$9,791,260
c
Less the Tax Increment Base (1999) Value
$7.276,380
74%
$86,611.33
d
Equals the Captured Appraised Value
$$564.880
26%
$23,607.08
$4.787.95
514,952A2
$3.881.95
$16A2
$0.00
(3136,53)
$304.87
Previous
Previous
Payments
Previous
Previous
Previous
Previous
Payments Based
Payments
Made June
Payments
Payments
Payments
Payments
2004 Tax Year
Percentage
on percentage
Made
2009
Made May 2010 Made May 2011 Made May 2012 Made May 2013
Difference
a
Total Taxes Collected As of May 2014
$U,667.23
b
Total Value In the TIRZ as oftoday
$9,795,990
c
Less the Tax Increment Base (1999) Value
$7,225.380
740A
$65.408.71
d
Equals the Captured Appraised Value
32,569,610
26%
$23,266.62
S10,869.68
$8,683.82
$3.554.79
$16.22
$0.0D
($137.92)
$281.93
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Previous
Payments
Previous
Previous
Previous
Previous
Payments Based
Paymens
Made June
Payments
Payments
Payments
Payments
200S TaxYear
Percentage
on Percentage
Made
2009
Made May 2010 Made May 2011 Made May2012 Made May 2013
Difference
a
Total Taxes Collected As of May 2014
$84,571.22
b
Total Value In the TIRZ as of today
$9.677,725
e
Less the Tax Increment Base (1999) Value
$7,226,380
75%
$63,808.87
d
Equals the Captured Appraised Value
S2,351.345
250%
$20,762.35
$9.314.10
46,637.84
S2.808.98
$2,344,13
$0.00
(S1S1.97)
($190.73)
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Previous Payments Previous
Previous
Previous
Previous
Payments Based
Payments Made June Payments
Payments
Payments
Payments
2006 Tax Year
percentage
on Percentage
Made 2009 Made May 2010 Made May 2011
Made May 2012 Made May 2013
Difference
a Total Taxes Collected As of May 2014
$97.199.27
b Total Value In the TIRZ as of today
S14,306,471
C Loss the Tax InerementBase (1999) Value
$7,228,380
51°/
549,09SAS
d Equals the Captured Appraised value
$7,080.091
49°10
$48,102.69
$30,625A8 516,106.14 $481.72
$3,454A5
$0.00
(5155.78)
($1,409,32)
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Previous Payments Previous
Previous
Provlous
Previous
Payments Based
Payments Made June Payments
Payments
Payments
Payments
2007 Tax Year
Percentage
on Percentage
Made 2009 Made May 2010
Made May 2011
Made May 2012 Made May 2013
Difference
a Total Taxes Collected As of May 2014
$110,742.76
b Total Value In the TIRZ as of today
$16,200,294
c Less the Tax increment Base (1999) Value
$7,226,380
46%
$4%39SA4
d Equals the Captured Appraised Value
$8,973,914
SS%
$61,344.32
S30,701.43 $25,062,21 $2,375.67
$4,144.87
S0.00
$669.04
(S1.608.90)
Payments Previous
Previous
Previous
Previous
Percentaeritr ge
e ts
Ma200 a
Payments
Payments
2008 Tax Year
Percentage
9
on 9
Made M y 010
Made May 2
May 2011
Made May 2012 Made May 2013
Dlffererue
a Total Taxes Collected As of May 2014
$517.267.88
b Total Value in the TIRZ as of today
S73,561,903
c Less the Tax Increment Base (1999) Value
$7.226,380
10%
$60,823.82
d Equals the Captured Appraised Value
S66,335,523
W%
$466,544.06
$356,756.30 $101.922.73
$10,542,07
S0.00
$238.36
($2.915.40)
Previous
Provlous
Previous
Payments Based
Payments
Payments
Payments
Payments
2009 Tax Year
Percentage
on percentage
Made May 2010
Made May 2011
Made May 2012
Made May 2013
Difference
a Total Taxes Collected As of May 2014
$SB1,634.80
b Total Value in the TIRZ as of today
$79.857.817
c Less the Tax Increment Base (1999) Value
$7,226,380
9%
$60,822.65
d Equals the Captured Appraised Value
$72,631,437
91%
$510,812.14
$0.00 S464,835,04
362,132.58
$0.00
($14,622.38)
{S1,533.10)
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Previous
Previous
Payments eased
Payments
Payments
Payments
2010 Ta%Year
Percentage
on Percentage
Made May 2011
Made May 2012
Made May 2013
Difference
a Total Taxes Collected As of May 2014
$550,238.40
b Total value in the TIRZ as of today
S78,440,316
c Less the Tax Increment Base (19") Value
$7226,380
9%
$50.691.17
d Equals the Captured Appraised Value
S71,213,936
91%
S499,547.23
$04,308.28
$0.00
$7,161.63
($1,912,68)
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Previous
Payments Based
Payments
Payments
2011 Tax Year
Percentage
on Percentage
Made May 2012
Made May 2013
Difference
a Total Taxes Collected As of May 2014
$520,286.14
b Total Value in the TIRZ as of today
$74.126.994
o Less the Tax Increment Base (1999) Value
$7,226,360
10%
S50,721.55
d Equals the Captured Appraised Value
S66,899,614
90%
$459,654.69
$0.00
$491,032,93
($19,771.19)
($1,697.15)
Previous
Payments Based
Payments
2012 TaxYoar
Percentage
on Percentage
Made May2013
Difference
a Total Taxes Collected As of May2014
$544,496A6
b Total Value In the TIRZ as of today
577,470,874
c Less the Tax Increment Base (1999) Value
$7,226,380
9%
S50,789.90
d Equals the Captured Appraised Value
$70,244,494
91%
5493,706.56
$0.00
S0.00
$490.289.19
$3.417.38
2013 Tax Year
a Total Taxes Collected As of May 2014
b Total Value in the TIRZ as of today
c Less ttw Tax increment Base (1999) Value
d Equals the Captured Appraised Value
Payments Based
Percontage on Percentage
$676,731.79
$n.470.874
$7,226,380 9% S63,124.64
$70,244,494 91% $613,607.1S
Amountto bo paid May 2014 to TIRZ
Previous
Payments
Made May 2013 Difference
S0,00 $0.00 $613.607.15
S607,293.55
Re-Caicutation of the Captured Value; Payments and Adjustments - La Porte Independent School District
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Payments Based Previous Payments Made Payments Made Payments Made Payments Made Payments Made
2000 Tax Year Percentage an Percentage Payments Made June 2000 May 2010 May 2011 May 2012 May 2013 Difference
a Total Taxes Collected As of May 2014 $138,270.30
b Total Value in the TIRZ as of today 36,105,290
c Less the Tax increment Base (1999) Value $7,052,630
d Equals the Captured Appraised Value $1,052,680
e Equals Taxes due the TIRZ per penny of Tax Rate
f Times rate for General TIRZ Projects (.0086 per contract)
g Difference is Rate for Education Facilities Projects
2001 Tax Year
a Total Taxes Collected As of May 2014 $186,522.32
b Total Value in the TiRZ as of today $8,197,950
c Less the Tax increment Base (1999) Value $7,D52,630
d Equals the Captured Appraised Value $i,145,330
e Equals Taxes due the TIRZ per penny of Tax Rate
I limes rate for General TIRZ Projects (.0086 per contract)
g Difference is Rate for Education Facilities Projects
2002 Tax Year
a Total Taxes Collected As of May 2014 $106,197.33
b Total Value in the TIRZ as of today $7,834,480
c Less the Tax increment Base (1999) Value $7,052.630
d Equals the Captured Appraised Value $781,850
e Equals Taxes due the TIRZ per penny of Tax Rate
I Times rate forGeneral TIRZ Projects (.0086 per contract)
g Difference is Rate for Education Facilities Projects
2003 Tax Year
a TOW Taxes Collected As of May 2014 S208,686.13
b Total Value 1n the TIRZ as of today s9.580,810
c Less the Tax increment Base (1999) Value $7,052.630
d Squats the Captured Appraised Value $2,528,180
e Equals Taxes due the TIRZ per penny of Tax Rate
f Times rate for GeneralTIRZ Projects (.0086 per contract)
g Difference is Rate for Education FacttiOes Projects
2004 Tax Year
a Total Taxes Collected As of May 2014 $211,787.04
b Total value in the TIRZ as of today S9,583,640
c Less the TaX Increment Base (1999) Value $7,052.630
d Equals the Captured Appraised Value 32,531,010
e Equals Taxes due the TIRZ per penny ar Tax Rate
f Times rate for General TIRZ Projects (.008G per contract)
g Difference Is Rate for Education Facilities Projects
87%
$120,312.69
13%
$17,967.61
$19,615.97
$2,286.44
$0.00
$0.00
$3.21
44,520.23
$572.22
$110.17
$12D.34
$9,474.57
$10,349.53
$1,206.34
$0.00
$0.00
$1.69
-$2,384.90
$301.91
$6,483.04
$9,266.44
S1,ODD.11)
$0.00
$0.00
$1,52
-$2,135.33
$270.31
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Previous
Previous
Previous
Payments Based
Previous
Payments Made
Payments Made
Payments Made
Payments Made
Payments Made
Percentage
on Percentage
Payments Made
June 2009
May 2010
May 2011
May 2012
May 2013
Difference
86%
$160,463.45
1401*
$28,058.87
$20.470.01
$397.34
$4,235.80
$0,00
$3.47
$16927
$782.98
$159.87
$125.68
$13.748.86
31D,80DA3
52D9.64
$2,234.84
$0.00
$1.83
$89.31
$413.11
S12.310.02
$9.689.88
$187.70
$2,000.96
$0.00
$1.64
$79.96
$369.88
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Previous
Previous
Previous
Previous
Payments Based
Previous
Payments Made
Payments Made
Payments Made
Payments Made
Payments Made
Percentage
on Percentage
Payments Made
June 2009
May 2010
May 2011
May 2012
May 2013
Difference
90%
$167.615.68
1D%
$18.581.75
$14,145.95
$525.32
$2,891,57
$43.76
$9.40
$110.67
$866.18
$110.61
S86.78
$9,512.09
$7.463.51
$46,78
$1,480.21
322.40
$4.82
$50.60
$437.77
$9,069.67
$6,682.44
$478,53
$1,411.36
$21.38
$4.60
$53,96
$417.41
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Previous
Previous
Previous
Payments Based
Previous
Payments Made
Payments Made
Payments Made
Payments Made
Payments Made
Percentage
on Percentage
Payments Made
June 2009
May 201 D
May 2011
May 2012
May 2013
Difference
74%
$153,618.12
26%
$55.068.01
$10,976.46
$35.140.52
$8,51255
$38.84
$0.00
-$321,09
$720.73
$327.79
867.34
$28,189.57
$5,791.26
$17,816.24
$4.357.62
$19.83
$0.00
-$164.37
$368.94
$25,878.43
$5,185.20
S17,324.28
$4,154.93
S10,96
$0.00
-$156.72
$351.78
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Previous
Previous
Previous
Previous
Payments Based
Previous
Payments Made
Payments Made
Payments Made
Payments Made
Payments Made
Percentage
on Percentage
Payments Made
June 2009
May 20i0
May 2011
May 2012
May 2013
Difference
74016
$155,854.73
26%
$55,932.31
420,004.84
$17,805.66
$7,898.22
$39.74
53,831.63
-$334.98
$687.30
$322.66
$150.32
$27.748.36
$12,927.28
S8,807.40
$3,918.35
$19.72
S1,900.84
-$166.18
$340.97
$28.183.95
$13.077.58
$8.998.27
$3,979.86
$20.02
$1,930.69
-$168.80
$346.32
2005 Tax Year
a Total Taxes Collected As of May 2014 $201.497.70
b Tatai Value In the TIRZ as or today 59.345,379
c Less the Tax Increment Base (1099) Value $7,052.630
d Equals the Captured Appraised Value $2,292.749
e Equals Taxes due fhe TIRZ per penny ofTex Rate
f Times rate for General TIRZ Projects (.0086 per contract)
g Difference is Rate for Education Facilities Projects
2006 Tax Year
a Total Taxes Collected As of May 2014 $219,954.19
b Total Value in the TIRZ as of today 314,069,283
c Less the Tax Increment Base (1999) Value $7,052,630
d Equals the Captured Appraised Value $7,016.653
e Equals Taxes due the TIRZ per penny of Tax Rate
f Times rate for General TIRZ Projects (.COBS per contract)
9 Difference is Rate for Education Facilities Projects
2007 Tax Year
a Total Taxes Collected As of May 2014 $200,358.56
b Total Value in the TiRZ as of today S15,972,393
c Less the Tax increment Base (1999) Value $7,052.630
d Equals the Captured Appraised Value $8,919.763
e Equals Taxes due the TIRZ per penny of Tax Rate
f Times rate for General TIRZ Projects (.0086 per contract)
g Difference Is Rate for Education Facilities Projects
2008 Tax Year
a Total Taxes Collected As of May 2014 5961,130.70
b Total Value in the TiRZ as of today $73.266,903
c Less the Tax increment Base (1999) Value $7,052,030
d Equals the Captured Appraised Value $05.214.273
e Equals Taxes due theTIRZ per penny of Tax Rate
f Times rate for General TIRZ Projects (,0086 per contract)
g Difference is Rate for Education Facilities Projects
2009 Tax Year
a Total Taxes Collected As of May 2014 $1,042,970.10
b Total Value In the TiRZ as of today $79.514,554
c Less the Tax increment Base (1299) Value $7,052,630
d Equals the Captured Appraised Value $72,461,924
e Equals Taxes due the TIRZ per penny ofTax Rate
f Times rate for General TIRZ Projects (.0086 per contract)
g Difference is Rate for Education Facilities Projects
Previous
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Previous
Previous
Previous
Payments Based
Previous
Payments Made
Payments Made
Payments Made
Payments Made
Payments Made
Percentage
on Percentage
Payments Made
June 2009
May 2010
May 2011
May 2012
May 2013
Difference
75%
$152.063.25
25%
349,434AS
$21.481.98
$13,214.10
$6,050.64
$5,757.63
$3,788.86
4394.60
(S464.16)
$285.17
$124.17
$24,524.73
$10,678,90
$6,534.04
$3,OD1.75
$2,856.40
S1.879.68
5195,77
($230.27)
$24,909.71
$10,803.08
$6.680.07
$3,048.87
$2.901.24
$1,909.16
•$198.83
(6233.89)
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Previous
Previous
Previous
Payments Based
Previous
Payments Made
Payments Made
Payments Made
Payments Made
Payments Made
Percentage
on Percentage
Payments Made
June 2009
May 2010
May 2011
May 2012
May 2013
Difference
50%
$110,P.58.32
50%
$109,695.87
$68,032.35
$33,545.91
$1,103.27
$7,953.51
$2,793.31
4457,04
(83,275.44)
$670,92
$417.38
557,699.36
$33.819.65
$19.610.00
$680.30
$4,183.60
51AS9,27
-3240.40
($1,722.86)
$51.998.61
$34,212.80
$13,935.92
$522.96
$3,770.02
$1,324.04
-$216.64
($1,552.58)
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Previous
Previous
Previous
Previous
Payments Based
Previous
Payments Made
Payments Made
Payments Made
Payments Made
Payments Made
Percentage
on Percentage
Payments Made
June 2009
May 2010
May 2011
May 2012
May 2D13
Difference
44%
$88,466.67
56%
$111,889.90
$55,709.32
$43,582.89
$4,307.16
$7.908,10
$2.281.53
$1,106.90
($2,985.90)
$857.39
$428.53
$73,735.93
S27,693.65
$37,740.30
$2,838.43
$$,211AS
$1,490.36
$729AS
($1,967.72)
$38.154.08
$28,015,67
$6.847-59
$1.468.73
$2,698.63
S771.17
$377.45
($1,018.18)
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Previous
Previous
Previous
Previous
Payments Based
Payments Made
Payments Made
Payments Made
Payments Made
Payments Made
Percentage
on Percentage
June 2009
May 2010
May 2011
May 2012
May 2013
Difference
10%
$92,517.89
90%
$868.612.81
$662,877.68
$189,261.o6
$19,369.98
$5,351.14
•S2.792.23
($5,454.82)
$6,555.57
$563,778.88
$430,246.13
$12$841.15
$12.572.21
$3,473.19
-$1,812.31
($3,540.49)
$304,833.93
$232,632.64
$65.419.92
$6,797.77
$1,677.95
•$979.92
($1,914.33)
Payments Based
Percentage on Percentage
9% $92,507.37
91% $950,462.73
$7.173.30
$616,904.11
$333,558.62
Previous Previous Previous Previous
Payments Made Payments Made Payments Made Payments Made -
May 2010 May 2011 May 2012 May 2013 Difference
$863.799.89 $114.912.09-$22,723.46-$2,657.80 ($2,867.99)
$560,666.02 $74,5t14.45-$14.748.81 •$1,72S,06 ($1,861.49)
$303.144.87 $4D,327.64-$7,974.65 4932.74 (S1,006.50)
Payments Based
2010 Tax Year
Percentage
on Percentage
a Total Taxes Collected As of May 2014 $1,021.864.10
b Total Value in tho TIRZ as or today 578.081,968
c Less the Tax Increment Base (1999) Value $7,052.630
9%
$92.297.38
d Equals the Captured Appraised Value $71.029,338
91%
$929,556.82
e Equals Taxes due the TIRZ per penny ofTax Rate
$7,015.52
r Times rate for General TIRZ Projects (.0086 per contract)
$603.334.99
g Difference is Rate for Education Facilities Projects
$326,221.83
Payments Based
2011 Tax Year
Percentage
on Percentage
a Total Taxes Collected AS of May 2014 $987.316.19
b Total Value in the TIRZ as or today $73,782,645
c Less the Tax Increment Base (1999) Value $7,052,630
10%
$94.374.07
d Equals the Captured Appraised Value ses,730,016
30%
$892,941.12
e Equals Taxes due the TIRZ per penny of Tax Rate
$6,689,97
f Times rate for GeneralTIRZ Projects (.0086 percontract)
$566,737.64
g Difference is Rate for Education Facilities Projects
$326,203.58
Payments Based
2012 Tax Year
Percentage
on Percentage
a Total Taxes Collected As orMay 2014 $1,015,096.05
b Total Value in the TIRZ as of today $77,139,691
c Less the Tax Increment Base (1999) Value $7.05Z030
9%
$92,806.62
d Equals the Captured Appraised Value $70,087.061
91 %
$922,288.23
e Equals Traces due the TIRZ per penny of Tax Rate
$6,806.56
f Times rate for General TIRZ Projects (.0086 per contract)
3585.363.74
g Difference is Rate for Education Facilities Projects
$338,924.48
Payments Based
2013TaxYear
Percentage
on Percentage
a Total Taxes Collected As or May 2014 $1.262.771.54
b Total Value In the TIRZ as of today $77,139,891
c Less the Tax Increment Base (1999) Value $781.850
1%
$12,798.83
d Equals the Captured Appraised Value $76,357.841
99%
$1.249,972.71
e Equals Taxes due the TIRZ per penny of Tax Rate
$9,224.89
f Times rate for General TIRZ Projects (.0086 per contract)
$793,340.81
g Difference is Rate for Educalion Facilities Projects
$456,632.10
Grand Total as of May 22, 2014
General TIRZ Projects
Education Facilities Project
Total
Previous Previous Previous
Payments Made Payments Made Payments Made
May 2011 May 2012 May 2013 Difference
$918,002.07 $7,452.81
47,770.51
$11,872.45
$595,835.30 $4.837.30
45,043.50
$7,705.89
$322,166.76 $2.615.52
42,727.01
$4,166.56
Previous
Previous
Payments Made
Payments Made
May 2012
May 2D13
Difference
$931.1927.78-$35,639.32
$591,418.37 -$P2,819.79
$340,409.41-$13,019.53
Previous
Payments Made
May 2013
o0,3�
f
$915,625A6
$581,262.24
$334.563.73
Previous
Payments Made
May 2013
($3,247,34)
($2,061.04)
Difference
$6,462.27
$4,101.60
$2,360.75
Difference
$1,249,972.71
$793.340.61
$456,632.10
$1,253,630.18
$795,626.84
$458,003,34
$1,263,630.18
ex 0
June 9, 2014
Mr. Greg Coleman
Land Development Manager
Beazer Homes Texas, L.P.
10235 West Little York, Suite 200
Houston, Texas 77040
Re: LETTER OF RECOMMENDATION
Bayside Crossing, City of La Porte, Texas
Water, Sanitary, Drainage and Extra Work Items
CFA Project No. 1310-004-06
Mr. Coleman:
on
an
b" CobbFiendley
ORIGINAL. BY EMAIL
We have reviewed the bids for the referenced project. We have prepared the bid tabulation and
attached it to this letter. The apparent low bidder was Paskey, Inc. with a bid of $855,865.02,
including the extra work items. Therefore, based on our review of the bids we recommend that
the contract be awarded to Paskey, Inc.
If you have any questions or require additional information, I can be contacted at 713-462-3242.
Sincerely,
Y & ASSOCIATES, INC.
Albert A. Syzdek, Jr., P.E.
Project Manager
Enclosures
cc, Alan Mueller — Gromax Development, LLC
Bill Odle - CobbFendley
13430 Northwest Freeway, Suite 1100 1 Houston, Texas 77040 1 713.462.3242 1 fax 713.462,3262 1 wwW.CoVen.00m
TSPE Firm Registration No, 2741 TBPLS Registration No. 100467
D:l7a1Z073\10061.eeazer_La—Porter 1fiSAc1ENG1BID PHASEWadlesMd Re00mmerda5oa4a=
Client Beater Hans Texas I40*95, U1c. (As General Padnerof BoaTerHanes7ams, 5P)
PrOt2d Name Wa1ry Ran9ar7. nntl DnCrnw rmnr,Neme,d. to ca..,e R�eufa rmN:.,.
Bid Dale: June 6,2014
Bidder N41
Bidder No.2
Bidder N43
Pasl®Y Incorporated
Monarch C1v11 Constructors, LLC
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S 152,034.18
S 197,686.08
$ 150.367.24
TOTAL SECTION 2
$ 185,543.99
$ 255,548.03
$ 176,617A0
TOTAL SECTION 3
$ 233,622.55
$ 304,67a.93
$ 463,393.86
TOTAL SECTION 4
$ 23,63235
$ 23,862.38
$ 22,488.12
TOTAL SECTIONS
$ 254,495.95
$ 284,627.38
$ 246,345.12
TOTAL SECTION 6
$ 6,636.00
S 7,300.00
$ 21.473.20
GRAND TOTAL SECTIONS 1.6
S 855,865.02
S 1,073,70278
$ 1,080,584.54
aw"T=
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4'1tA1201 Tf0004Be _U_PM<_t6y14tEf4lDtlp Pf1.43E1176a 16ETab9alUrcrrxmsrg U2'kaae� Prtl
AFFIDAVIT OF PUBLICATION
STATE OF TEXAS §
COUNTY OF HARRIS§
Before me, the undersigned authority, on this day personally appeared
Rebecca Collins , who being by me duly sworn,
deposes and says that (s)he is the Editor
of the Bay Area Observer; that said newspaper is regularly
published in Harris County, Texas, and generally circulated in
Harris County/Connties, Texas;
that the attached notice was published in said newspaper on the following date(s) to with:
May 15, 2014 and May:22, 2014
Newspaper Representative`s Signature
Subscribed and sworn to before me this the rd day of Jerre, 2014
to certify which witness my hand and seal of office.
(Seal) Notary Public in and for the State of Texas
OISSlWf1100AtlIJ t�o
49 'Dllqnd AIDIO�t = := k l L, O'S (7,c ( Eva)
0160 A$ A. PACIFICO:
my Public, State of'lexas
My Commissioh, Etipites /v
May ib, 20T8... My Commission.Expires
THURSDAY. MAY 22. 2014 THE BAYAREA OBSERVER
LEGAL NOTICES
To Place Legal and Public Notices:
COAMUTER
Email editorQQ bayaresubsctver-cum
or Call281-907-3140
APPLE
iMac G5
$350 cash
INMATIONTOBID mined or atynnvcivcaausa
ccomwithoutcbage.
Call
Scaled bids, in duplicate will
be received by CobbFeadley Bidders Bond, sipped by the
281.-923-20I8
on behalf of Beazer Homes surely and the Bidder, Ca -
Texas Holdings, Inc. (As
General Partner of Beazer
Homes Texas, LP) at the of-
fice of CobbFeudlcy, 13430
Northwest Freeway, Suite
1100, Houston, Texas until
2t00 pm, Friday. June 6,
M14, at which time all bids
will be opened and read for
the construction of the pmj-
ecL'
WATER, WASTEWATER
AND DRAINAGE
1MPROVEWN'TS
TO SERVE
BANSIDE CROSSING
The projcot consists of np.
proximately 1,688 LF of
storm Sewer 3.255 LF of
watermaIM 3,151j LF of san-
itary server, detention faoili-
tiesand SWPPE The project
is located on Key Map No.
539-&
The above described con-
stnmetion will be performed
in accordance with plans
and specifications aad any
addenda thereto which may
be issued prior to forty-eigbt
(49) hours before the open-
ing of bids. Plans specifica-
tions and bid documents may
be obtained at the office of
Cobb, Fendley and Associ-
ates, Inc., 13430 Northwest
Freeway, Suite 1100, Hous-
ton, Texas, with a SI00.00
non-reftmndable charge for
each set of documents ob-
shier's Check or Certified
Chedc in an amount equal
to five (5) percent of the to-
tal bid must accompany each
Proposal.
A non -mandatory pra-bid
conference will be held at
the office of CobbFeu q
on Thursday, May 29, 2014
at 100 p.m. All prospective
bidders arc encouraged to at-
tend.
The Ownermserves the right
to reject any or all bids or to
accept any bid deemed ad-
vantageous to it and waive
informalities in bidding. All
bids received after the clos-
ing time above designated
will be returned unopened.
The successful bidder must
complywith anyapplicabie
stormwater permft(s) con-
cerning the construction
sitc(s) where work Is to be
performed.
rAIR CONDiTIONINGIHEATlNG
FOt 51t.E it
THURSDAY, MAY15, 2014
jLLC�I+IUItFIC-'�OTICCJ LEGiLPt:OLIClUtICCat
i-
Sealed bids, in duplicate will
be received by Cobwendley
on behalf of Beazer Homes
Texas Holdings, Inc. (As
General Partner of Beazer
Homes Texas, LP) at the of-
fice of CobbFendley, 13430
Northwest Freeway, Suite
1100. Houton, Texas until
2:00 p.m.. Friday, June C.
2014, at which time oil bids
will be opened and read for
the construction of the proj-
ect:
WATER, WASTEIVATER
AND DRAINAGE
EUROVEMENTS
TO SERVE
BAYSEDE CROSSING
The project consists of ap-
proximately 1,688 LF of
storm sewer, 3,255 LF of
watermatn; 3, ISO LF ofsan-
itary sewer; detention facm-
ties and SWPPP. Tbe project
is located on Key Map No.
539-Z
The above described can-
sruction will be performed
to accordance with plans
and specifications and any
addenda thereto which may
be issued prior to forty-eight
(48) hers before the open-
ing of bids. Plans, specifica-
tions and bid documents may
be obtained at the otfiw of
Cobb, teadley and Asoci.
ales, Inc., 13430 Northwest
Freeway, Suite I100, Hou-
ton, Texas, with a Mom
non-refundable charge for
each set of documents ob.
Bidders Bond, signed by the
surety and the Bidder, Ca-
shier's Check or Ccrdffcd
Check in an amount equal
to five (5) percent of the to.
te] bid most accompany each
proposal.
A non -mandatory pre -bid
confemace will be held at
the office of CobbFcadtey
on Thursday. May 29, 2014
at 2:00 p.m. All prospective
biddets are encouraged to at-
tend.
The CUmermserves the sight
to reject any or all bids or to
accept any bid deemed ad-
vantageous to it and waive,
informalities in bidding. All
bids received after the cloy.
ing time above desigrtetcd
will be returned unopenod.
The su"assful bidder must
eomplywlth any applicable
stormwater permit($) caa-
cerafng the construction
sites) where work is to be
performed.
F 01251Lf .ilfi'OS ••s
c p
THE SAYAREA oBsmm
1J1i.iLLI V G .-0V
OR LOO.KTNG FOR A
Let Buyers & Sellers Fin:
The Bay Area
281-947-31
;AIR COND1TIONINGlNEAiING §" HANDGUNS/CLASSES f
%'SPECIAL A1C;CHI;CKUP FQ8 , • t • , t , t=<-�-„�,, .�