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REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA ITEM <br />Budget <br />Agenda Date Requested:10 June 2013 <br />Source of Funds: <br />Requested By:Scott D. Livingston <br />Account Number: <br />Department: Administration/Economic Development <br />Amount Budgeted: <br />Report: XResolution:Ordinance: <br />Amount Requested: <br />Exhibits:Update Memo <br />Budgeted Item:YESNO <br />Exhibits: Recruitment Flyer for ICSC <br />Exhibits Project Timeline <br />SUMMARY & RECOMMENDATION <br />In January 2013, the La Porte Development Corporation Board approved a contract with Catalyst <br />Commercial to complete a retail and market study.Since that time, Catalyst has been collecting <br />data for trade area delineation, competing trade area statistics, traffic counts, and mapping of key <br />metrics/data. <br />In April 2013, a representative from Catalyst provided a status report to both the La Porte <br />Development Corporation and the City Council. At that time, both boards had some questions <br />regarding the information presented by Catalyst. <br />Mr. Jason Claunch will be present to provide the Development Corporation Board with an <br />additional update onthe retail studyand address specific concerns raised by the EDC Board and <br />the City Council. <br />Action Required by La Porte Development Corporation: <br />None <br />Approved for La Porte Development CorporationAgenda: <br />Corby D. Alexander,City ManagerDate <br /> <br />