|
REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA
<br />ITEMITEM
<br />September 30, 2015September 30, 2015AppropriationAppropriation
<br />Agenda Date Requested:Agenda Date Requested:
<br />CIP 015.9892.993CIP 015.9892.993
<br />Scott D. LivingstonScott D. LivingstonSource of Funds:Source of Funds:
<br />Requested By:Requested By:
<br />Account Number:Account Number:
<br />Economic Development/TourismEconomic Development/Tourism
<br />Department:
<br />Amount Budgeted:Amount Budgeted:
<br />Report:Resolution:Resolution:Ordinance:Ordinance:
<br />$15,787.63$15,787.63
<br />Amount Requested:Amount Requested:
<br />Exhibits:
<br />Budgeted Item:Budgeted Item:YESYESNONO
<br />1. Project Information Project Information
<br />2. Copies of invoices and cancelled checks Copies of invoices and cancelled checks
<br />3. Approved minutes from May 13, 2015 Approved minutes from May 13, 2015
<br />SUMMARY & RECOMMENDATIONSSUMMARY & RECOMMENDATIONS
<br />On 13 May 2015, the Board voted unanimously to an offer an enhancement grant in an amount not to exceed On 13 May 2015, the Board voted unanimously to an offer an enhancement grant in
<br /> an amount not to exceed
<br />$16,759.93 to David or Sharon Tindle who own The Oak Center at 1000 S. Broadway upon successful completion $16,759.93 to David or Sharon Tindle who own The Oak Center at 1000 S. Broadway
<br /> upon successful completion
<br />of the proposed project, per the guidelines and parameters of the La Porte Enhancement Grant Program. of the proposed project, per the guidelines and parameters of the La Porte Enhancement
<br /> Grant Program.
<br />The applicantÂ’Â’s representative, Horace Leopard, collected three bids from general contractors to complete each of s representative, Horace Leopard, collected three bids from general
<br /> contractors to complete each of
<br />three projects: (1) Signage, (2) Paving, and (3) Landscaping. The lowest bids for each of the project were offered three projects: (1) Signage, (2) Paving, and (3) Landscaping. The
<br /> lowest bids for each of the project were offered
<br />as follows:
<br />Signage Signage ---- $11,888.47 by State Sign, Inc. $11,888.47 by State Sign, Inc.
<br />Paving Paving ---- $19,750.00 by Pave $19,750.00 by Pave--It, Inc.It, Inc.
<br />Landscaping Landscaping ---- $ 1,881.39 by Holloway Lawn Maintenance, Inc. $ 1,881.39 by Holloway Lawn Maintenance, Inc.
<br />Total ---- $33,519.87 $33,519.87
<br />On behalf of the owners, Horace Leopard has submitted copies of invoices, paid receipts, and cancelled checks On behalf of the owners, Horace Leopard has submitted copies of invoices,
<br /> paid receipts, and cancelled checks
<br />for each of the completed enhancement grant projects as follows: for each of the completed enhancement grant projects as follows:
<br />Signage Signage ---- $ 9,943.85 $ 9,943.85
<br />Paving Paving ---- $19,750.00 $19,750.00
<br />Landscaping Landscaping ---- $ 1,881.40 $ 1,881.40
<br />Total ---- $31,575.25 $31,575.25
<br />Therefore, according to the terms and conditions of the La Porte Enhancement Grant Program, this project may Therefore, according to the terms and conditions of the La Porte Enhancement
<br /> Grant Program, this project may
<br />receive a reimbursement for 50% of the actual costs, which is $15,787.63. receive a reimbursement for 50% of the actual costs, which is $15,787.63.
<br />On behalf of owners David or Sharon Tindle, the applicant, Horace Leopard, is prepared to answer questions On behalf of owners David or Sharon Tindle, the applicant, Horace Leopard,
<br /> is prepared to answer questions
<br />regarding this project. regarding this project.
<br />Action Required by the La Porte Development Corporation:Action Required by the La Porte Development Corporation:
<br />Consider approval or other action to authorize staff to execute payment in the amount of $15,787.63 to David or Consider approval or other action to authorize staff to execute payment
<br /> in the amount of $15,787.63 to David or
<br />Sharon Tindle for the completed enhancement project of The Oak Center at 1000 S. Broadway.Sharon Tindle for the completed enhancement project of The Oak Center at 1000 S. Broadway.
<br />
<br />
|