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HomeMy WebLinkAbout01-25-2024MINUTES OF THE JOINT MEETING OF THE LA PORTE REDEVELOPMENT AUTHORITY and LA PORTE TAX INCREMENT REINVESTMENT ZONE BOARD OF DIRECTORS January 25, 2024 DETERMINE QUORUM; CALL TO ORDER. The Board of Directors of the La Porte Redevelopment Authority, City of La Porte, Texas, and La Porte Tax Increment Reinvestment Zone, held a regular joint meeting, open to the public, on Thursday, January 25, 2024, 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; Position 1 Peggy Antone, Secretary Position 2 Barry Beasley Position 3 Alton Porter Position 4 Kent Remmel Position 5 Nicole Havard Position 6 Mark Goodwin, Vice -Chairman Position 7 Rick Helton Position 8 David Janda, Chairman Position 9 Kristen Lee, Asst. Secretary and all of the above were present, with the exception of Director Lee, thus constituting a quorum. Also present were David Hawes, Naina Magon and Linda Clayton, Hawes Hill & Associates, LLP; Josh Huber, Blank Rome; Josh Rambo, McCall Gibson Swedlund Barfoot PLLC; and Corby Alexander, Matt Daeumer, and Haley Bower, City of La Porte. Chairman Janda called the meeting to order at 6:30 p.m. RECEIVE PUBLIC COMMENTS. There were no public comments. APPROVE MINUTES OF THE JOINT LA PORTE REDEVELOPMENT AUTHORITY AND LA PORTE TAX INCREMENT REINVESTMENT ZONE MEETING HELD ON NOVEMBER 14, 2023. Upon a motion made by Director Helton, and seconded by Director Porter, the Board voted unanimously to approve the Minutes of the November 14, 2023, Board meeting, as presented. APPROVE FY2023 ANNUAL FINANCIAL REPORT AND AUDIT FROM McCALL GIBSON SWEDLUND BARFOOT PLLC. Mr. Rambo presented the FY2023 Annual Financial Report and Audit, included in the Board materials. He reviewed the Independent Auditor's Report and reported an unmodified/clean opinion. He reviewed pages 3-7, Management's Discussion and Analysis; page 10, Statement of Activities and Government Fund Statement of Revenues, Expenditures and Change in Fund Balance; pages 12-21, Notes to the Financial Statements; page 23, Schedule of Revenues, Expenditures and Changes in Fund Balance - General Fund. Upon a motion made by Director Beasley, and seconded by Director Goodwin, the Board voted unanimously to approve the FY2023 Annual Financial Reportand Audit. CONVENE IN EXECUTIVE SESSION PURSUANT TO SECTION 551.071, TEXAS GOVERNMENT CODE, TO CONDUCT A PRIVATE CONSULTATION WITH ATTORNEY REGARDING PENDING OR CONTEMPLATED LITIGATION. The Board convened in Executive Session at 6:35 p.m. Page 12 RECONVENE IN OPEN SESSION AND AUTHORIZE APPROPRIATE ACTIONS REGARDING PRIVATE CONSULTATION WITH ATTORNEY. The Board reconvened in Open Session at 6:50 p.m. Upon reconvening, the Board took the following action: Upon a motion made by Director Antone, and seconded by Director Goodwin, the Board voted unanimously to authorize B1ankRome to authorize settling dispute with J. Morales Inc. in a maximum amount of $131,386.94. CONSIDER CREATION OF CIP COMMITTEE AND APPOINTMENT OF COMMITTEE MEMBERS. Upon a motion made by Director Beasley, and seconded by Director Porter, the Board voted unanimously to create a Capital Improvements Projects (CIP) Committee and appointment of Rick Helton, Mark Goodwin, Peggy Antone, Nicole Havard and Kent Remmel to the CIP Committee. CONSIDER APPROVAL OR OTHER ACTION REGARDING AUTHORITY INVOICES. Mr. Hawes presented the Bookkeeper's Report and current invoices for payment, included in the Board materials. Upon a motion made by Director Goodwin, and seconded by Director Remmel, the Board voted unanimously to accept the Bookkeeper's Report and approved payment of invoices, as presented. RECEIVE UPDATES FROM THE CITY, DEVELOPERS, AND STAFF ABOUT DEVELOPMENT WITHIN THE ZONE. None. BOARD MEMBER COMMENTS: a. Matters appearing on Agenda; and b. Inquiry of staff regarding specific factual information or existing policy. None. ADJOURNMENT. There being no further business to come before the Board, the meeting was adjourned at 7:03 p.m. -4v-a��e - Secretary