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HomeMy WebLinkAbout07-18-07 La Porte Tax Increment Reinvestment Zone Number One Minutes LaPorte Tax Increment Reinvestment Zone Number One, City of La Porte, Texas Minutes of the Board Meeting Held July 18,2007 1. CALL TO ORDER AND DETERMINA TION OF A QUORUM The Board of Directors of the La Porte Tax Increment Reinvestment Zone Number One, City of La Porte, Texas, held a meeting, open to the public, on the 18th day of July 2007, and meeting was called to order at 7: I 7 p.m. in the City Council Chambers of the City Hall, 604 West Fairmont Parkway, La Porte, Texas 7751 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 Directors Meza and Say, thus constituting a quorum. Also present at the meeting were John Joerns, Scott Bean, Gretchen Black, and Donald Meeks. 2. Lindsey Pfeiffer, Chairman 3. CONSIDER APPROVAL OF THE MINUTES OF THE MAY 24, 2007 BOARD OF DIRECTORS MEETING Upon a motion duly made by Director Porter and being seconded by Director Martin, the board unanimously approved the minutes of May 24, 2007 meeting. 4. CONSENT AGENDA - ANY ITEMMA Y 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, CHAIRMAN A. CONSIDER APPROVAL OR OTHER ACTION WITH REGARD PAY REQUEST NUMBER FOUR IN THE AMOUNT OF $23,765.63 FOR THE LAKES OF FAIRMONT GREENS TIRZ PROJECT RELATED TO OFF SITE IMPROVEMENTS KNOWN AS THE SOUTH LA PORTE TRUNK SEWER LINE. B. CONSIDER APPROVAL OR OTHER ACTION WITH REGARD TO ADDITIONAL PAY REQUESTS FOR THE LAKES OF FAIRMONT GREENS TIRZ PROJECT RELATED TO OFF SITE IMPROVEMENTS KNOWN AS THE SOUTH LA PORTE TRUNK SEWER PROJECT. C. CONSIDER DEVELOPMENT AGREEMENT BY AND BETWEEN THE LA PORTE REDEVELOPMENT AUTHORITY, LA PORTE TIRZ NUMBER ONE, CITY OF LA PORTE, AND RETREAT AT BAY FOREST LP. D. RECEIVE PRESENTATION FROM DEVELOPER REQUESTING REIMBURSEMENT FOR A HOTEL DEVELOPMENT WITHIN THE WESTERN PORTION OF THE ZONE. Eo CONSIDER APPROV AL OR OTHER ACTION WITH REGARD TO AUTHORITY INVOICES F. STAFF REPORT AND UPDATES G .. ., ~. ., agreement subject to a final determination of the engineering costs by the TlRZ auditor. Mr. Bean noted that the cost figure in Section 5.01 should be $164,499.89 as reflected in Exhibit B. Upon a motion duly made by Director Porter and being seconded by Director Martin, the board unanimously approved the development agreement subject to a final determination of eligible engineering costs by the TIRZ auditor, and changing the cost figure in Section 5.0] to $164,499.89. 6. RECEIVE PRESENT A TION FROM DEVELOPER REQUESTING REIMBURSEMENT FOR A HOTEL DEVELOPMENT WITHfN THE WESTERN PORTION OF THE ZONE. The developer was not present. Mr. Joerns briefed the board on the request and there was general discussion on the matter. No action was taken. 7. CONSIDER AFPROV AL OR OTHER ACTION WITH REGARD TO AUTHORITY INVOICES Mr. Bean gave an overview of the invoices. Upon a motion duly made by Director Martin and being seconded by Director Turnquist, the board unanimously approved the invoices. 8. ST AFF REPORT AND UPDATES There were no reports. 9. BOARD MEMBER COMMENTS There were no board comments 10. ADJOURNMENT Upon a motion duly made by Director Porter and being seconded by Director Pool, the board wlanimously approved the motion to adjourn at 7: 16 PM. SIGNED: ATTEST: TITLE: TITLE: DATE: tl'-t-rt ;;l;;" I ;;. {')o '7 DATE: ~ dJ..~ ).007