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REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA <br />ITEMITEM <br />May 22, 2017May 22, 2017AppropriationAppropriation <br />Agenda Date Requested:Agenda Date Requested: <br />Fund 038Fund 038 <br />Traci LeachTraci LeachSource of Funds:Source of Funds: <br />Requested By:Requested By: <br />   <br />Economic Development/TourismEconomic Development/TourismAccount Number:Account Number: <br />Department: <br />   <br />Report:Resolution:Resolution:Ordinance:Ordinance:Amount Budgeted:Amount Budgeted: <br />   <br />Amount Requested:Amount Requested: <br />Exhibits: <br />Budgeted Item:Budgeted Item:YESYESNONO <br />SUMMARY & RECOMMENDATIONSSUMMARY & RECOMMENDATIONS <br />At the March 27, 2017 Board meeting, the Board requested an update on the former Port Theater at an upcoming At the March 27, 2017 Board meeting, the Board requested an update on the <br /> former Port Theater at an upcoming <br />meeting.   <br />Staff met with Jason and Horace Leopard, the new owners.  The LeopardStaff met with Jason and Horace Leopard, the new owners.  The Leopard’’s are working on some interior repairs s are <br /> working on some interior repairs <br />that resulted from the vacancy (iethat resulted from the vacancy (ie--rotted wood, etc).  At this time, the owner plans to utilize the facility for a rotted wood, etc).  At this time, <br /> the owner plans to utilize the facility for a <br />variety of uses ranging from community theater to screening of current and/or vintage movies, specials events, and variety of uses ranging from community theater to screening of current <br /> and/or vintage movies, specials events, and <br />live music events. live music events.  <br /> Staff has provided the owners with information regarding available incentive programs. Staff has provided the owners with information regarding available incentive programs. <br />Action Required by the La Porte Development Corporation:Action Required by the La Porte Development Corporation: <br />Receive report and take appropriate action.Receive report and take appropriate action. <br />Approved for the La Porte Development Corporation AgendaApproved for the La Porte Development Corporation Agenda <br />Corby D. Alexander, City ManagerCorby D. Alexander, City ManagerDateDate <br /> <br />