HomeMy WebLinkAbout02-28-07 Meeting of the La Porte Tax Increment Reinvestment Zone Number One minutes
La Porte Tax Increment Reinvestment Zone Number One,
City of La Porte, Texas
Minutes of the Board Meeting
Held February 28, 2007
1. CALL TO ORDER AND DETERMINATION OF A QUORUM
The Board of Directors of the Tax Increment Reinvestment Zone Number One, City of La
Porte, Texas, held a meeting, open to the public, on the 28th day of February, 2007, and
meeting was called to order at 6:46 p.m., in Council Chambers at the City Hall, 604 West
Fairmont Parkway, La Porte, Texas 77571 and the roll was called of the duly appointed
members of the Board, to wit:
Peggy Antone
Dave Turnquist
Alton Porter
Horace Leopard
Doug Martin
JJ Meza
Michael Say
Chester Pool
Lin Pfeiffer
Position 1
Position 2
Position 3
Position 4
Position 5
Position 6
Position 7
Position 8
Position 9 - Chairman
and all of the above were present except Director Antone, Director Martin, and Director
Meza, thus constituting a quorum. Also present at the meeting were John Joerns, David
Hawes, Michael Dolby, and Russell Plank.
2. CONSIDER APPROVAL OF THE MINUTES OF THE NOVEMBER 29, 2006 BOARD
OF DIRECTORS MEETING
Upon a motion duly made by Director Porter and being seconded by Director Say, the board
unanimously approved the minutes of November 29,2006
5. CONSENT AGENDA - ANY ITEM MAY BE REMOVED BY A BOARD MEMBER
FOR DISCUSSION
· ENTERTAIN A MOTION AND A SECOND TO APPROVE THE TIRZ ITEMS
IN THE SAME FORM AND MANNER AS WAS APPROVED IN THE
PREVIOUS REDEVELOPMENT AUTHORITY MEETING - LINDSEY
PFEIFFER, CHAIRPERSON
A. REVIEW AND CONSIDER APPROVAL OF ANNUAL AUDIT FOR LA PORTE
TAX INCREMENT REINVESTMENT ZONE NUMBER ONE FUND FOR
FISCAL YEAR ENDING SEPTEMBER 30, 2006
B. CONSIDER COLLATERAL ASSIGNMENT OF DEVELOPMENT AFREEMENT
(THIS "ASSIGNMENT") MADE BY PORT CROSSING LAND, LP, A TEXAS
LIMITED PARTNERSIP ("ASSIGNOR"), IN FAVOR OF LASALLE BANK
SIGNED:
TITLE:
DATE:
NATIONAL ASSOCIATION, A NATIONAL BANK ASSOCIATION
("ASSIGNEE")
C. STAFF REPORT AND UPDATES
D. BOARD MEMBER COMMENTS
E. ADJOURNMENT
Upon a motion duly made by Director Say and being seconded by Director Pool, the board
unanimously approved the consent agenda in the same manner and form as approved in the
Redevelopment Authority Board Meeting and adjourned at 6:47 PM.
ATTEST:
TITLE:
DATE: