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HomeMy WebLinkAbout07-29-15 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 29„ 2015 DETERMINE QUORUM; 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, July 29, 2015, 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 Turnquist Position 2 Alton Porter Position 3 Horace Leopard Position 4 Doug Markin, Vice Chair Position 5 JJ Meza Position 6 Lloyd Graham Position 7 Chester Pool Position 8 Vacant Position 9 and all of the above were present, with the exception of Directors Meza and Graham, thus constituting a quorum. Also present were David Hawes, Hawes Hill Calderon, LLP; and Scott Livingston, La Porte EDC Director. Vice -Chair Martin called the meeting to order at 7.05 p.m. CONSIDER APPROVAL OF THE MINUTES OF BOARD OF DIRECTORS MEETING HELD ON JANUARY 21, 2015. Upon a motion duly made by Director Porter, and being seconded by Director Antone, the Board voted unanimously to approve the Minutes of the July 29, 2015, Board meeting, as presented. 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 Estoppel Certificate and Consent to Assignment to and for the benefit of Liberty Limited Partnership, a Pennsylvania limited partnership (Purchaser) and Land Services Title of Texas, as Agent for Fidelity National Title Insurance Company; b. Consider Second Amended to Development Agreement by and between Tax Increment Reinvestment Zone Number One, City of La Porte, Texas, La Porte Redevelopment Authority, a Texas non-profit corporation, and Liberty Property Limited Partnership, a Pennsylvania limited partnership; c. Consider Agreed Upon Procedures Proposal from McCall Gibson Swedlund Barfoot PLLC; d. Consider proposal from McCall Gibson Swedlund Barfoot PLLC for FY 2015 Audit Services; e. Consider Tax Year 2014 Developer Increment Disbursements f. Approve FY2015-2016 Budget g. Consider approval or other action with regard to authority invoices; h. Receive updates from the City, developers and staff with regard to development within the Zone; 1. Board member comments with regard to matters appearing on agenda and inquiry of staff regarding specific factual information or existing policy; j. Adjournment. Upon a motion duly made by Director Fool, and being seconded by Director Turnquist, the Board voted unanimously to approve the TIRZ items in the same form and manner as was approved at the previous Redevelopment Authority Board meeting. ADJOURNMENT. There being no further business to come before the Board, Vice -Chair Martin adjourned the meeting at 7:06 p.m. r _ r 2