Loading...
2011 03 03 MDD MinutesMINUTES OF THE REGULAR MEETING OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT March 03, 2011 The Board of Directors of the Baytown Municipal Development District (MDD) met in a Regular Meeting on Thursday, March 03, 2011 at 4:32 P.M., in the Council Chamber of the Baytown City Hall, 2401 Market Street, Baytown, Texas with the following in attendance: Stephen DonCarlos Ruben Linares David McCartney Reggie Brewer Brandon Capetillo Mary Hernandez Dee Anne Navarre Terry Sain Scott Sheley President Vice President Secretary Director Director Director Director Director Director Robert D. Leiper General Manager Kevin Troller Assistant General Manager Ignacio Ramirez, Sr. General Counsel Leticia Brysch Secretary President DonCarlos convened the March 03, 2011, Municipal Development District (MDD) Board Regular Meeting with a quorum present at 4:32 P.M., all members were present with the exception of Directors Caskey and Renteria who were absent. 1. MINUTES a. Consider Approving Minutes of the Municipal Development District (MDD) Board Regular Meeting held on February 03, 2011 Meeting - Secretary. A motion was made by Director Scott Sheley and seconded by Director Reggie Brewer approving the minutes for February 03, 2011 as submitted. The vote was as follows: Ayes: President Stephen H. DonCarlos, Vice President Ruben Linares, Secretary David McCartney, Director Reggie Brewer, Director Brandon Capetillo, Director Mary Hernandez, Director Dee Anne Navarre, Director Terry Sain, and Director Scott Sheley Nays: None Approved 2. PROPOSED RESOLUTIONS a. Consider the First Amendment to the Interlocal Agreement for Texas Avenue Streetscape - Administration. General Manager, Bob Leiper presented the agenda item and stated that Resolution No. 162 authorizes the First Amendment to the Interlocal Agreement with the City of Baytown for the Texas Avenue Streetscape Project. On February 03, 2011, the MDD approved an Interlocal Agreement for this project in the amount of $410,000 for (1) Streetscape construction contract: $375,000 and (2) TxDOT Fees associated with Streetscape Project: $35,000 (estimated). General Manager Leiper stated that this first amendment authorizes additional funding in the amount not to exceed $100,000 for additional expenses that were not included in the original agreement. The amendment covers unforeseen expenses and changes, such as materials testing services, safety lighting, and other costs due to the construction unknowns, which are likely to be found during and after excavation. General Manger Leiper also clarified that the geotechnical services will cost $23,363.00, and is covered in the monies requested here. The City of Baytown approved this agreement at its meeting on February 24, 2011. RESOLUTION NO. 162 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT AUTHORIZING THE PRESIDENT TO EXECUTE THE FIRST AMENDMENT TO THE INTERLOCAL AGREEMENT WITH THE CITY OF BAYTOWN FOR THE TEXAS AVENUE STREETSCAPE PROJECT; AUTHORIZING PAYMENT OF AN ADDITIONAL AMOUNT NOT TO EXCEED ONE HUNDRED THOUSAND AND NO /100 DOLLARS ($100,000.00); MAKING OTHER PROVISIONS RELATED THERETO; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. A motion was made by Secretary David McCartney and seconded by Director Scott Sheley approving Resolution No. 162. The vote was as follows: Ayes: President Stephen H. DonCarlos, Vice President Ruben Linares, Secretary David McCartney, Director Reggie Brewer, Director Brandon Capetillo, Director Mary Hernandez, Director Dee Anne Navarre, Director Terry Sain, Director Scott Sheley Nays: None Approved 3. BUSINESS ITEMS a. Baytown Area/West Chambers County Economic Development Foundation's First Quarterly Report for Fiscal Year 2010 -11 - Administration. Mr. Mike Shields, Executive Director of the Economic Development Foundation (EDF) introduced Mr. BJ Simon to present the Baytown Area/West Chambers County Economic Development Foundation's Quarterly Report for the quarter ending December 31, 2010. Mr. Simon stated that under the category to stimulate and encourage commercial activity, the EDF responded to 28 requests for assistance during the period of October through December of 2010 and for the year responded to 125 requests for assistance with had ten (10) formal site visits. Mr. Simon stated that there were 58 referrals related to the small business development incubator without walls program. Mayor DonCarlos inquired of the City's progress in regards to having a sufficient workforce that is comfortable to present to companies. Mr. Simon stated that the workforce is currently doing well. Director McCartney inquired about the reasons for not being successful in regards to the projects that the City of Baytown did not obtain. Mr. Simon stated that the land prices, the competition at the state level, and the incentives of the project were some of the factors for projects being lost. Director Brewer inquired if the attitude of the company executives in regards to the economy will affect the City of Baytown economic development. Mr. Shields stated that because of inflation there is expectancy for companies to limit their expenditures, i.e. tighten their belts. Director Sheley inquired if the EDF could help stimulate people and businesses to areas that are being redeveloped. Mr. Simon stated that the EDF will continue to facilitate this through part of the comp plan. Mr. Shields stated that if the City has land that they can turn over for a reasonable fee to include other incentives this will induce developers to the area. Director Sain inquired if the environmental regulatory services impacted the decision of companies to relocate here and to obtain operational permits. Mr. Simon stated that there was time when this was an issue but within the last three (3) years it has not been a factor. 4. REPORTS a. Receive MDD Revenue and Expenditure Report for the Quarter Ending December 31, 2010 - Finance. Assistant Finance Director, Louise Richman presented the update on the Baytown Municipal Development District's revenues and expenditures for the quarter ending December 31, 2010 and stated that the revenues are on target with the sales tax revenue being flat compared to last year. b. Receive MDD Quarterly Investment Report for Period Ending December 31, 2010 - Finance. Assistant Finance Director, Louise Richman presented the Baytown Municipal Development District's Quarterly Investment Report for the period ending December 31, 2010 and stated that the first quarter was right at $6.5 million with and average monthly interest rate of .16 %. Director Brewer inquired if all of the MDD funds were invested in textpool and with the significant balance if funds could be invested elsewhere. General Manager Leiper stated that other investments are being looked into and that the challenge with MDD funds is that they are not as predictable as the general funds and may require immediately accessibility. General Manager Leiper also stated that a pilot program with the general fund is being done to test other investments with higher return results. 5. MANAGER'S REPORT a. Present Texas Avenue Streetscape Project Update - Engineering. General Manager Leiper introduced Assistant Engineering Director Joe Carpenter to present an update on the Texas Avenue Streetscape Project. Mr. Carpenter stated that the streetscape project is scheduled for completion in 120 calendar days, with the start date of December 24, 2010. Mr. Carpenter stated that the actual work started on January 03, 2011, with an expected completion date of April 22, 2011. Mr. Carpenter indicated that this type of project consists of three phases: (1) underground work, (2) roadway, and (3) streetscape. Mr. Carpenter stated that the project is right on schedule with about two weeks left to complete the underground work and transition to the roadway construction. General Manager Leiper presented an update For sonic of' the following parks, projects flunded by MDD: • Bicacher Covers, at West Little LCagLIc arc complete and the Lea_gLIC'S 011CIling day is scheduled for Saturday • Bergeron Park Splash Deck -Concrete work cornplete an(] grand opening is Thursday, March 17, ?()1 1 at 5:30 P.M. • Unidad Park- widening ot'the trail and extendc(I it all the way around; added ne%v pavilion 6. ADJOURN, A motion was mac c by Director Terry Sarin and seconded by Director Scott Sheley adjOL11-11ing the March 03, 2011, Municipal Development District (MDD) Board Regular Meeting. Ayes: Pi-csident Stephen 11. Don Carlos, Vice President Ruben Linares, Secretary ].)avid Mc(,'artney, Director Reggie Brewer, Director I Bra C ndon apetillo, Director Mary Hernandez, Director Dee Anne Navarre, Director Terry Sain, and Director Scott Sheley Nays: None Approved With there being no fUrtIlCr business to discuss, President Don(, 'arlos as the March 03, 2011, Municipal Development District (MD[)) Board Regular Meeting at 5:27 P.M. City of Bayt unjilin