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HomeMy WebLinkAbout07-23-14 Meeting of the Tax Increment Reinvestment Zone Number One minutesMINUTES OF THE MEETING OF THE LA PORTE TAX INCREMENT REINVESTMENT ZONE CITY OF LA PORTE, TEXAS BOARD OF DIRECTORS July 23, 2014 CALL TO ORDER. The Board of Directors of the La Porte Tax Increment Reinvestment Zone, City of La Porte, Texas, held a regular meeting, open to the public, on Wednesday, Jury 23, 2014, at 6:30 p.m., in the Council Chambers of City Hall, 604 West Fairmont Parkway, La Porte, Texas, and the roil was called of the duly appointed members of the Board, to -wit: Peggy Antone, Secretary Position 1 Dave Tumquist 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 Graham, Pool and Pfeiffer, 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 Kenneth Schick, Senior Associates, Inc.; and Ryan Lovell, Port Crossing Land LP. Vice - Chairman Martin called the meeting to order at 7:05 p.m. CONSIDER APPROVAL OF THE MINUTES OF THE BOARD OF DIRECTORS MEETING HELD ON JUNE 11, 2014. Upon a motion duly made by Director Antone, and being seconded by Director Turnquist, the Board voted to approve the Minutes of the June 11, 2014, Board meeting as presented. Director Porter abstained. CONSENT AGENDA — ANY ITEM MAY BE REMOVED BY A BOARD MEMBER FOR DISCUSSION • ENTERTAIN MOTION AND A SECOND TO APPROVE THE TIRZ ITEMS IN THE SAME FORM AND MANNER AS WAS APPROVED IN THE PREVIOUS REDEVELOPMENT AUTHORITY MEETING. a. Consider Development Agreement with Spencer Road Venture (Senior Associates, Inc.); b. Consider TIRZ Increment Disbursement Report and authorize payment to developers; c. Consider approval or other action with regard to authority invoices; d. Receive updates from the city, developers and staff with regard to development within the Zone; e. Board member comments with regard to matters appearing on agenda and inquiry of staff regarding specific factual information or existing policy; f. Adjournment. Upon a motion duly made by Director Porter, and being seconded by Director Leopard, the Board voted unanimously to approve the TIRZ items in the same form and manner as was approved at the previous Redevelopment Authority meeting. ADJOURNMENT. There being no further business to come before the Board, Vice -Chairman Martin adjourned the meeting at 7:06 p.m. 2