2014 02 06 MDD MinutesMINUTES OF THE REGULAR MEETING OF THE BOARD OF DIRECTORS
OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT
February 06, 2014
The Board of Directors of the Baytown Municipal Development District (MDD) met in a
Regular Meeting on Thursday, February 06, 2014, at 4:49 P.M., in the Council Chamber of the
Baytown City Hall, 2401 Market Street, Baytown, Texas with the following in attendance:
Stephen DonCarlos
Chris Presley
Reggie Brewer
Brandon Capetillo
Gary Englert
Terry Sain
Robert D. Leiper
Ignacio Ramirez, Sr.
Leticia Brysch
President
Director
Secretary
Director
Director
Director
General Manager
General Counsel
Assistant Secretary
President DonCarlos convened the February 06, 2014, Municipal Development District
(MDD) Board Regular Meeting with a quorum present at 4:49 P.M., all members were present
with the exception of Directors Mary Hernandez, Robert Hoskins, David Jirrels, David
McCartney, and Mercedes Renteria who were all absent.
1. MINUTES
a. Consider approving the minutes of the Municipal Development District Board
Regular Meeting held on September 05, 2013.
A motion was made by Director Terry Sain and seconded by Secretary Reggie Brewer approving
the September 05, 2013, MDD Board Regular Meeting minutes. The vote was as follows:
Ayes: Secretary Reggie Brewer, Director Brandon Capetillo, President Stephen
H. DonCarlos, Director Gary Englert, Director Chris Presley, Director
Terry Sain
Nays: None
Other: Director Mary Hernandez (Absent), Director Robert C. Hoskins (Absent),
Director David P. Jirrels (Absent), Director David McCartney (Absent),
Director Mercedes Renteria III (Absent)
Approved
MDD Board Regular Meeting Minutes
February 06, 2014
Page 2 of 6
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a. Consider a resolution approving the Baytown Municipal Development District's
(MDD) Investment Policy and Strategy Statement in accordance with the Public Funds
Investment Act.
General Manager Leiper presented the agenda item and stated that this is the annual renewal of
the approval of the Baytown Municipal Development District's (MDD) Investment Policy and
Strategy Statement. He stated that the only substantive changes made were the authorized
investment officers.
A motion was made by Secretary Reggie Brewer and seconded by Director Brandon Capetillo
approving Resolution No. 227. The vote was as follows:
Ayes: Secretary Reggie Brewer, Director Brandon Capetillo, President Stephen
H. DonCarlos, Director Gary Englert, Director Chris Presley, Director
Terry Sam
Nays: None
Other: Director Mary Hernandez (Absent), Director Robert C. Hoskins (Absent),
Director David P. ]irrels (Absent), Director David McCartney (Absent),
Director Mercedes Renteria III (Absent)
Approved
RESOLUTION NO. 227
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN
MUNICIPAL DEVELOPMENT DISTRICT ADOPTING THE BAYTOWN
MUNICIPAL DEVELOPMENT DISTRICT'S INVESTMENT POLICY AND
INVESTMENT STRATEGY IN ACCORDANCE WITH THE PUBLIC FUNDS
INVESTMENT ACT; AND PROVIDING FOR THE EFFECTIVE DATE
THEREOF.
It. Consider a resolution authorizing the Economic Development Basic Services
Contract with Baytown/West Chambers County Economic Development Foundation.
Mayor DonCarlos inquired if this was amendment and inquired of the date of the contract.
General Manager Leiper stated that this was the contract and that the date of their contract runs
with the City's fiscal year, but their fiscal year is based on the calendar year. He stated that their
first payment would include two payments because of the fiscal year differences and that the
contract dates were October 01, 2013 through September 30, 2014. He stated that the services
and funding would remain the same as budgeted but during this year's budget process, there will
be a request to increase the service fees as they have remained unchanged since 2006.
MDD Board Regular Meeting Minutes
February 06, 2014
Page 3 of 6
A motion was made by Secretary Reggie Brewer and seconded by Director Brandon Capetillo
approving Resolution No. 2287. The vote was as follows:
Ayes: Secretary Reggie Brewer, Director Brandon Capetillo, President Stephen
H. DonCarlos, Director Gary Englert, Director Chris Presley, Director
Terry Sam
Nays: None
Other: Director Mary Hernandez (Absent), Director Robert C. Hoskins (Absent),
Director David P. Iirrels (Absent), Director David McCartney (Absent),
Director Mercedes Renteria III (Absent)
Approved
RESOLUTION NO. 228
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN
MUNICIPAL DEVELOPMENT DISTRICT AUTHORIZING THE GENERAL
MANAGER TO EXECUTE AND THE ASSISTANT SECRETARY TO
ATTEST TO AN ECONOMIC DEVELOPMENT CONTRACT BETWEEN
THE BAYTOWN AREA/WEST CHAMBERS COUNTY ECONOMIC
DEVELOPMENT FOUNDATION AND THE BAYTOWN MUNICIPAL
DEVELOPMENT DISTRICT FOR ECONOMIC DEVELOPMENT SERVICES;
AND PROVIDING FOR THE EFFECTIVE DATE THEREOF.
C. Consider a resolution authorizing the Economic Development Special Services
Contract with Baytown/West Chambers County Economic Development Foundation.
General Manager Leiper presented the agenda item and stated that Resolution No. 229 authorizes
the Economic Development Special Services Contract with Baytown/West Chambers County
Economic Development Foundation for an amount not to exceed $100,000. He stated that there
was structure change, but that the following listed items 1 -3 were on a reimbursement basis only:
1. Trade Shows: $4,000
2. Marketing Program Implementation: S 1 1,000
3. Phase III Housing Research/Strategy: $55,000
4. EB -5 Program Research, Development and Implementation: $30,000
General Manager Leiper stated that an EB -5 is an area that's consistently high in unemployment
and qualifies for a forward investment as a way to fund development. He stated that in order to
do that, an EB -5 Regional Center should be established or for those affected census tracks. He
stated that there is another EB -5 that can be used anywhere, but it has a higher threshold. General
Manager Leiper stated that the EB -5 being recommended is an investment of $500,000 in an area
of chronically high unemployment. He stated that the EB -5 Regional Center would be for
primarily the downtown and old Baytown areas. He stated that the EB -5 application will not be
MDD Board Regular Meeting Minutes
February 06, 2014
Page 4 of 6
approved without City Council approval and would be on a quarterly payment basis and an
addition to the $200,000. General Manager Leiper stated that item #4 may include partial
funding to add additional staff to manage the EB -5 initiative, as well as, the continually growing
workload for the Foundation.
During further discussion, General Manager Leiper stated that the EB -5 program is a Federal
program in which the Governor used to approve, but now the Mayor can approve.
Council Member Presley stated that $55,000 is a significant cost for a housing study. He stated
that there are recommendations from prior studies that are still not executed regarding higher end
houses. He stated that the recommendations should be executed as opposed to doing another
study.
Mayor DonCarlos stated that there have been meetings with housing developers and toward the
northern part of the city, development will start. General Manager Leiper stated that the studies
should be updated, because many developers request data and may not consider data if it is more
than two years old.
Council Member Presley stated that the EB -5 Research, Development and Implementation is a
very complex, expensive, and time consuming process and could cost more than $30,000.
General Manager Leiper stated that this contract is just for the research.
The packet information showed the listed item #2 as $21,000. It was pointed out by Council
Member Capetillo who stated that according to the contract, the amount for marketing program
implementation showed $11,000. General Manager Leiper stated that the contract amount is
correct.
A motion was made by Secretary Reggie Brewer and seconded by Director Brandon Capetillo
approving Resolution No. 229. The vote was as follows:
Ayes: Secretary Reggie Brewer, Director Brandon Capetillo, President Stephen
H. DonCarlos, Director Gary Englert, Director Chris Presley, Director
Terry Sam
Nays: None
Other: Director Mary Hernandez (Absent), Director Robert C. Hoskins (Absent),
Director David P. Jirrels (Absent), Director David McCartney (Absent),
Director Mercedes Renteria III (Absent)
Approved
MDD Board Regular Meeting Minutes
February 06, 2014
Page 5 of 6
RESOLUTION NO. 229
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN
MUNICIPAL DEVELOPMENT DISTRICT AUTHORIZING THE GENERAL
MANAGER TO EXECUTE AND THE ASSISTANT SECRETARY TO
ATTEST TOAN ECONOMIC DEVELOPMENT SPECIAL SERVICES
CONTRACT BETWEEN THE BAYTOWN AREA /WEST CHAMBERS
COUNTY ECONOMIC DEVELOPMENT FOUNDATION AND THE
BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT FOR ECONOMIC
DEVELOPMENT SERVICES; AND PROVIDING FOR THE EFFECTIVE
DATE THEREOF.
3. BUSINESS ITEMS
a. Receive the first quarter Economic Development Report for 2014
Mr. B.J. Simon presented the first quarter Economic Development report for 2014, and stated
that during the time period reported they responded to 63 prospects. He stated that they had
several site visits with some of the projects still active. He stated that there has been in increase
interest for mutli - family and residential development and that they continue their efforts and
work to develop economic growth through various programs.
4. REPORTS
a. Receive the Baytown Municipal Development District's Quarterly Investment
Report for the Quarter Ending December 31, 2013.
It. Receive the Baytown Municipal Development District's Revenues and Expenditures
Report for the Quarter Ending December 31, 2013.
Mayor DonCarlos stated that agenda items 4.a. and 4.b. would be considered together.
Finance Director, Louise Richman presented the Baytown Municipal Development District's
Quarterly Investment Report for the Quarter Ending December 31, 2013, and stated that the sales
tax was up 1.72% over the prior period of last year. She stated that the expenditures included the
major projects of the Tabbs Bay Pile Removal, playground equipment for parks, Sports Complex
Improvements, Signalization work at highway 146 and I -10, the administration cost of $300,000,
and the debt payment monthly transfer.
Ms. Richman stated that there is right at $6 million dollars in investments and the average yield
is .1129 %.
5. MANAGER'S REPORT
There was no report.
MDD Board Regular Meeting Minutes
February 06, 2014
Page 6 of 6
6. ADJOURN
A motion was made by Director Brandon Capetillo and seconded by Director Chris
Presley adjourning the February 06, 2014, MDD Regular Meeting. The vote was as follows:
Ayes: Secretary Reggie Brewer, Director Brandon Capetillo, President Stephen
H. DonCarlos, Director Gary Englert, Director Chris Presley, Director
Terry Sam
Nays: None
Other: Director Mary Hernandez (Absent), Director Robert C. Hoskins (Absent),
Director David P. Jirrels (Absent), Director David McCartney (Absent),
Director Mercedes Renteria III (Absent)
Approved
With there being no further business to discuss, President DonCarlos adjourned the February 06,
2014, Municipal Development District (MDD) Board Regular Meeting at 5:28 P.M.
v I
Leticia Brysch, Assis t E ecretary
City of Baytown
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