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01-09-17 Meeting of the La Porte Development Corporation Board
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01-09-17 Meeting of the La Porte Development Corporation Board
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City Meetings
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La Porte Development Board Corporation/Type B
Meeting Doc Type
Agenda Packet
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1/9/2017
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Capital Investment <br />by Business <br />BusinessNew or ExistingIncentive AmountJobs CreatedComments <br />Rob Johnson (Dollar Tree/Goodwill Select) New$ 106,000.00$ 7,250,000.0010 <br />Richard Industrial GroupNew$ 15,000.00$ 500,000.0075 <br />IneosNew$ 300,000.00$ 250,000,000.00 60Located in the ETJ <br />IntergulfNew$ 500,000.00$ 2,100,000.0030Corporate headquarters <br />ACT Independent TurboExisting$ 426,000.00$ 6,000,000.0075 <br />Pipeline GrillNew$ 300,000.00$ 1,200,000.0035Also includes $4M in taxable sales benchmark <br />El ToroNew$ 124,100.00$ 5,000,000.00 <br />Fischer's HardwareExisting$ 120,000.00$ 600,000.004Also includes 20% increase in taxable sales benchmark <br />Northern SafetyExisting$ 230,000.00$ 140,000.00140Also includes $2.5M in sales tax benchmarks <br />4Ever Clear PoolsExisting$ 19,192.00$ 38,385.005Enhancement Grant Development Agreement <br />Gates at Main StreetExisting$ 7,559.00$ 15,119.004Enhancement Grant Development Agreement <br />Maher Strip Center on FairmontExisting$ 17,045.00$ 34,091.0014Enhancement Grant Development Agreement <br />Patrasia Hefley (832 S. Broadway)Existing$ 25,000.00$ 67,152.00PendingRequires evidence of valid lease for second payment <br />La Porte VisionExisting$ 2,868.00$ 5,737.006Enhancement Grant Development Agreement <br />Jack's Convenience CenterExisting$ 11,169.00$ 22,339.007Enhancement Grant Development Agreement <br />Total$ 2,203,933.00$ 272,972,823.00 465 <br /> <br />
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