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HomeMy WebLinkAbout12-08-2025 LPDC minutesMINUTES OF THE MEETING OF THE LA PORTE DEVELOPMENT CORPORATION BOARD OF DIRECTORS Members present: Nancy Ojeda, Chuck Engelken (joined at 5:10 p.m), Danny Earp, Amanda Gerrish, Brent McCaulley, John Blakemore Members attending remotely: None Members absent: Richard Warren Council -appointed staff present: Corby Alexander, City Manager; Clark Askins, City Attorney; Lee Woodward, City Secretary The La Porte Development Corporation Board of Directors met on December 8, 2025, at the City Hall Council Chambers, 604 West Fairmont Parkway, La Porte, Texas, at 5:00 p.m. 1. CALL TO ORDER - President Ojeda called the meeting to order at 5:03 p.m. 2. CITIZEN COMMENT - There were no comments. 3. AUTHORIZATIONS a. Presentation, discussion, and possible action to approve the minutes of the October 27, 2025, meeting. [Lee Woodward, City Secretary/PIO] Member McCaulley moved to approve the minutes of the October 27, 2025, meeting; Member Gerrish seconded the motion; the motion was adopted, 5-0. 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] Mrs. Bowers provided an overview. Member Earp moved 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 the building facade and property for business site located at 800 W. Main Street; Member Blakemore seconded the motion; the motion was adopted, 5-0. 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] Mrs. Bowers provided an overview. (Member Engelken arrived during discussion on this item.) Member Earp moved 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 the building facade and property for business site located at 817 W. Main Street; Member Blakemore seconded the motion; the motion was adopted, 6-0. 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] This item was pulled before the meeting and not considered. 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] Mrs. Bowers offered a presentation, noting the first benchmark, due in September, was not met and the company has not responded to multiple attempts to contact them since the summertime, nor have permits been pulled for this project. Mr. Askins clarified the company was not in breach of the agreement and could still attempt to meet the future benchmarks. f. R Favorite Things - Agreement Extension - Presentation, discussion, and possible action to provide administrative staff direction or 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] Mrs. Bowers provided an overview of the extension request and the applicant, Ed Revak, was permitted to address the Board. Member McCaulley moved to approve a six-month extension from December 31, 2025, of all of the performance deadlines under terms of the economic development incentive agreement between the La Porte Development Corporation and R. Favorite Things LLC; Member Earp seconded the motion; the motion was adopted, 6-0. 2 g• Panacea Shipping Company Inc. - Agreement Extension - Presentation, discussion, and possible action to provide administrative staff direction or to authorize an extension of performance deadlines established in the economic development incentive agreement between the La Porte Development Corporation and Panacea Shipping Company, Inc. [Haley Bowers, Economic Development Manager] Mrs. Bowers provided an overview. Member McCaulley moved to approve a six- month extension of the performance deadlines under terms of the economic development incentive agreement between the La Porte Development Corporation and Panacea Shipping Company Inc.; Member Gerrish seconded the motion; the motion was adopted, 6-0. 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 and Softball 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 and softball fields owned by the City of La Porte, Texas. [Haley Bowers, Economic Development Manager] Mrs. Bowers provided an update. Chair Ojeda moved 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 and Softball Field Maintenance; 2) decreasing the cose 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 and softball fields owned by the City of La Porte, Texas; Member Earp seconded the motion; the motion was adopted, 6-0. 4. STAFF REPORTS - There were no reports. 5. SET NEXT MEETING - Without objection, the next meeting was set for January 26, 2026. 6. BOARD COMMENTS - The members welcomed Mrs. Bowers back and wished all a merry Christmas. DJOU - N 'tout object': • ` ',;P dent Ojeda adjourned the meeting at 5:43 p.m.dis, / ON W. odwar• , C " /P;'• ....... OUNri