Laserfiche WebLink
$500,000.00.In addition, the city will contribute staff time devoted to engineering and project <br />management. Any amount over the $500,000.00will be paid for by Intergulf Corporation. <br />If the Board is amenable to this project, staffwill schedule a public hearing for the meetingof <br />the Board of Directorsin November. This project will require that InterGulf Corporation enter <br />into aperformance agreement with the La Porte Development Corporation, the terms of which <br />would establish minimum thresholds for the creation of jobs, a specific capital investment, and <br />other items to be determined. All parties involved will have the opportunity to provide input on <br />the performance agreement before it is presented as a project. <br />Action Required by Economic Development Corporation: <br />Receive presentation and provide guidance to staff regarding the pursuit of this project. <br />Approved for La Porte Development Corporation Agenda <br />Corby D. Alexander, City ManagerDate <br /> <br />