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REQUEST FOR LA PORTE ECONOMIC DEVELOPMENT CORPORATION AGENDA ITEM <br />Agenda Date Requested: 1/9/12 <br />Requested By: Stacey Osborne <br />Department: CMO <br />Report: X Resolution: Ordinance: <br />Exhibits: Minutes of June 27 meeting <br />Award Reconciliation <br />"Before" and "After" photographs (PPT) <br />Appropriation <br />Source of Funds: <br />Account Number: 15-9892-993-1100 <br />Amount Budgeted: S200,000 <br />Amount Requested: S25,000 <br />Budgeted Item: YES NO <br />SUMMARY & RECOMMENDATION <br />In the 2010-11 budget year the La Porte Development Coiporation Board agreed to fund an entrancement grant <br />program for the Main Street District. The program offers matching grants of up to $25,000 for businesses in the <br />Main Street District to improve building facades. The project was allotted $200,000. The goals of the project are to <br />beautify Main Street, to entrance Main Street`s appeal to new businesses and visitors, and to add value to the City of <br />La Porte. <br />The Board approved a grant for Don Hulen, owner of the La Porte Toolbox (formerly Real Cheap Tools), at the La <br />Porte Development Corporation Board meeting on June 27, 2011. Mr. Hulen has performed the work as indicated in <br />his application, and he has submitted his receipts for payment. <br />Attached are the minutes from the June 27, 2011 meeting where the grant was approved, the final Reconciliation of <br />Mr. Hulen's receipts, and ``before" and "after" photographs of Mr. Hulen`s entrancement grant project. <br />Staff recommends that the La Porte Development Corporation Board award Mr. Hulen $25,000. <br />Action Required by La Porte Development Corporation Board: <br />Consider awarding a grant of $25,000 to Mr. Don Hulen. <br />Approved for La Porte Development Corporation Agenda <br />Steve Gillett, Interim City Manager <br />date <br />