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Home My WebLink About12-08-2025 LPDC agendaNANCY OJEDA PRESIDENT L QF 4 DANNY EARP BOARD MEMEBER BRENT MCCAULLEY .l � JOHN BLAKEMORE MAYOR PRO TEM A• 9 .4 VICE-PRESIDENT COUNCILPERSON AT LARGE B O RICHARD WARREN ANIANDA GERRISH BOARD MEMBER BOARD MEMBER CHUCK ENGELKEN COUNCILPERSON -r.... LA PORTE DEVELOPMENT CORPORATION BOARD OF DIRECTORS MEETING AGENDA Monday, December 8, 2025, 5:00 p.m. Notice is hereby given of a meeting of the La Porte Development Corporation Board of Directors to be held on December 8, 2025, at 5:00p.m. in the City Hall Council Chamber, 604 West Fairmont Parkway, La Porte, Texas, for the purpose of considering the following agenda items. All agenda items are subject to action. 1. CALL TO ORDER 2. CITIZEN COMMENT (Generally limited to five minutes per person; in accordance with state law, the time may he reduced if there is a high number of speakers or other considerations.) ginorTul—I.�: tl0.a a. Presentation, discussion, and possible action to approve the minutes of the October 27, 2025, meeting. [Lee Woodward, City Secretary/PIO] b. King DK Equity LLC - Enhancement Grant Presentation, discussion, and possible action to approve an enhancement grant incentive agreement between the La Porte Development Corporation and King DK Equity LLC, in an amount not to exceed $75,000.00, for enhancements to building facade and property for business site located at 800 W. Main Street, La Porte, Texas. [Haley Bowers, Economic Development Manager] C. King DK Equity LLC - Enhancement Grant Presentation, discussion, and possible action to approve an enhancement grant incentive agreement between the La Porte Development Corporation and King DK Equity LLC, in an amount not to exceed $75,000.00, for enhancements to building facade and property for business site located at 817 W. Main Street, La Porte, Texas. [Haley Bowers, Economic Development Manager] d. The Park on Main - Enhancement Grant Presentation, discussion, and possible action to approve an enhancement grant incentive agreement between the La Porte Development Corporation and La Porte Entertainment, LLC, in an amount not to exceed $13,899.52 for enhancements to property for business site located at 402 W. Main Street, La Porte, Texas. [Haley Bowers, Economic Development Manager] e. Bayside Services LLC - Incentive Grant Benchmark Receive update on status of the first benchmark established in the economic development incentive agreement between the La Porte Development Corporation and Bayside Services LLC, located at 902 S. 1st Street, La Porte, Texas. [Haley Bowers, Economic Development Manager] f. R Favorite Things - Incentive Agreement Presentation, discussion, and possible action to authorize an extension of performance deadlines under terms of the economic development incentive agreement between the La Porte Development Corporation and R. Favorite Things LLC. [Haley Bowers, Economic Development Manager] g. Panacea Shipping Company Inc. - Agreement Extension Presentation, discussion, and possible action to authorize an extension of performance deadlines under terms of the economic development incentive agreement between the La Porte Development Corporation and Panacea Shipping Company, Inc. [Haley Bowers, Economic Development Manager] h. Amended Project Presentation, discussion, and possible action to approve publishing a notice to begin the 60-day comment period for an amendment to the previously approved project of the La Porte Development Corporation for baseball field maintenance by 1) changing the name of the project from Pecan Park Field Upgrades to Baseball Field Maintenance; 2) decreasing the cost of the project from the original amount of $2,000,000.00 to an amount not to exceed $550,000.00, and 3) changing the scope of the project from design, construction and replacement of grass fields at Pecan Park with turf, to maintenance of all baseball fields owned by the City of La Porte, Texas. [Haley Bowers, Economic Development Manager] 4. STAFF REPORTS 5. SET NEXT MEETING G�:I0L1:7rIeI0lrlrl:4.Y&-1 7. EXECUTIVE SESSION The portion of the Texas Gov't. Code known as the Texas Open Gov't. Act (TOMA, TGC Ch. 551) provides a limited set of circumstances that allow the La Porte Development Corporation (LPDC) to meet in a session closed to the public. The LPDC will first meet in an open session, announce the exception that allows it to meet in a closed session, and announce the time it is convening in closed session. The LPDC will post executive sessions it is aware of in advance, but may go into an executive session if a situation arises during a meeting that calls for an appropriate exception. The LPDC will convene in executive session without a vote unless an objection is raised by a member of the Council. If, during the course of the meeting and discussion of any items covered by this notice, LPDC determines that a closed or executive session of the LPDC is required, then such closed meeting will be held as authorized by Texas Government Code, Chapter 551, Section 551.071 consultation with counsel on legal matters,, Section 551.072 - deliberation regarding purchase, exchange, lease or value of real property; Section 551.073 - deliberation regarding a prospective gift; Section 551.074 - personnel matters regarding the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal of a public officer or employee; Section 551.076 - implementation of security personnel or devices; Section 551,087 - deliberation regarding economic development negotiation; Section 551.089 - Page 2 of 3 deliberation regarding security devices or security audits, and/or other matters as authorized under the Texas Government Code. If a closed or executive session is held in accordance with the Texas Government Code as set out above, the City Council will reconvene in open session in order to take action, if necessary, on the items addressed during executive session. a. Legal Action Texas Government Code Sec. 551.071(1)(A)-Pending or Contemplated Litigation. The La Porte Development Corportation will meet in closed session with the City Attorney and City Manager to discuss Dimensions Comics, Texas 8. ADJOURN CERTIFICATE I, Lee Woodward, City Secretary, do hereby certify that a copy of the December 8, 2025, La Porte Development Corporation Board of Directors agenda was posted on the City Hall bulletin board, a place convenient and readily accessible to the general public at all times, and to the City's website, www.LaPorteTX.gov, in compliance with Chapter 551, Texas Government Code. DATE: TIME: •�I^��, TAKEN DOWN: 12010I �12,55fn-+�- Lee Wood.rd, City Secretary SIGN UP FOR CITY ALERTS AT AIe".00ml Page 3 of 3