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HomeMy WebLinkAbout2-09-2026 LPDC agendaNANCY OJEDA �� DANNY EARP PRESIDENT "QF 4 BOARD MEMESER BRENT MCCAULLEY /J JOHN BLAKEMORE MAYOR PRO TEM 9 VICE-PRESIDENT COUNCILPERSON AT LARGE B 11 RICHARD WARREN AMANDA GERRISH L/A RI BOARD MEMBER BOARD MEMBER CHUCK ENGELKEN -� COUNCILPERSON LA PORTE DEVELOPMENT CORPORATION BOARD OF DIRECTORS MEETING AGENDA Monday, February 9, 2026, 4:30 p.m. Notice is hereby given of a meeting of the La Porte Development Corporation Board of Directors to be held on February 9, 2026, at 4:30 p.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. CALL TO ORDER 2. CITIZEN COMMENT (Generally limited to five minutes per person; in accordance with state law, the time may be reduced if there is a high number of speakers or other considerations.) 3. AUTHORIZATIONS a. Presentation, discussion, and possible action to approve the minutes of the December 8, 2025, meeting of the La Porte Development Corporation Board of Directors. [Lee Woodward, City Secretary/PIO] b. Enhancement Grant Policy Updates Presentation, discussion, and possible action to approve proposed staff - recommended amendments and other amendments as proposed by the La Porte Development Corporation to the La Porte Enhancement Grant Policy. [Haley Bowers, Economic Development Manager] C. GW Group Properties LLC - Enhancement Grant Presentation, discussion, and possible action to approve an enhancement grant incentive agreement between the La Porte Development Corporation and GW Group Properties LLC, in an amount not to exceed $13,500.00, for enhancements to parking area at business site located at 101 Dr. Martin Luther King Jr. Drive, La Porte, Texas. [Haley Bowers, Economic Development Manager] d. Anchored Restorations LLC - Enhancement Grant Presentation, discussion, and possible action to approve an enhancement grant incentive agreement between the La Porte Development Corporation and Anchored Restoration LLC, in an amount not to exceed $41,326.00, for enhancements to the building fagade and property for business site located at 914 S. Broadway St., La Porte, Texas. [Haley Bowers, Economic Development Manager] e. 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 $14,819.35, for enhancements to property for business site located at 402 W. Main Street, La Porte, Texas. [Haley Bowers, Economic Development Manager] f. Main 101 Grill and Bar - Enhancement Grant Extension Presentation, discussion, and possible action to approve a six-month extension of performance deadlines under terms of enhancement grant incentive agreement between the La Porte Development Corporation and Main 101 Grill and Bar dated March 24, 2025. [Haley Bowers, Economic Development Manager] g. R Favorite Things LLC - Amended and Restated Agreement Presentation, discussion, and possible action to approve an amended and restated Incentive Agreement between the La Porte Development Corporation and R Favorite Things, LLC in connection with project for building and site improvements at 228 W. Main Street, La Porte, Texas, in an amount not to exceed $138,510.00 or a Mutual Rescission and Release Agreement between the La Porte Development Corporation and R. Favorite Things, LLC. [Haley Bowers, Economic Development Manager] h. Panacea Shipping Company Inc. - Amended and Restated Agreement Presentation, discussion, and possible action to approve an amended and restated Incentive Agreement between the La Porte Development Corporation and Panacea Shipping Company, Inc. in connection with project for building and site improvements at 311 N. Broadway Street, La Porte, Texas, in an amount not to exceed $10,406.25. [Haley Bowers, Economic Development Manager] 4. EXECUTIVE SESSION a. Texas Government Code Sec. 551.071(1)(A)-Pending or Contemplated Litigation The Board of Directors will meet in closed session with the City Attorney, City Manager, and Economic Development Manager to discuss claim associated with termination of incentive agreement between the La Porte Development Corporation and Shelley Whalen on behalf of Dimensions Comics. 5. RECONVENE The Board of Directors will reconvene in open session and consider action, if any, on item(s) discussed in executive session. The Board of Directors will announce the time it reconvenes before resuming consideration or adjourning. 5. STAFF REPORTS 7. SET NEXT MEETING B. BOARD COMMENTS 9. ADJOURN If, during the course of the meeting and discussion of any items covered by this notice, the La Porte Development Corporation Board of Directors determines that a closed or executive session of the Board 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 Page 2 of 3 property; Section 551.073 - deliberation regarding a prospective gift; Section 551.087 - deliberation regarding economic development negotiation; Section 551.089 - 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 La Porte Development Corporation Board of Directors will reconvene in open session in order to take action, if necessary, on the items addressed during executive session. Persons with disabilities who plan to attend this meeting and who may need auxiliary aids or services are requested to contact the City Secretary's office (281-470-5021), three working days prior to the meeting for appropriate arrangements. Pursuant to Texas Government Code Sec. 551.127, on a regular, non -emergency basis, members may attend and participate in the meeting remotely by video conference. Should that occur, a quorum of the members will be physically present at the location noted above on this agenda. CERTIFICATE I, Lee Woodward, City Secretary, do hereby certify that a copy of the February 9, 2026, 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: r TAKEN DOWN (� 1� •ODD&" �N"�Ov uj�.. Lee Woodward, City Secretary SIGN UP FOR CITY ALERTS AT Atertt.P.com1 Page 3 of 3