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REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA <br />ITEMITEM <br />December 12, 2016December 12, 2016AppropriationAppropriation <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 />$979,665$979,665 <br />Report:Resolution:Resolution:Ordinance:Ordinance:Amount Budgeted:Amount Budgeted: <br />$979,665$979,665 <br />Amount Requested:Amount Requested: <br />Exhibits: <br />Budgeted Item:Budgeted Item:YESYESNONO <br />SUMMARY & RECOMMENDATIONSSUMMARY & RECOMMENDATIONS <br />In the FY17 budget, the Development Corporation approved the following projects to be included for funding: In the FY17 budget, the Development Corporation approved the following projects <br /> to be included for funding:  <br />Parking Spaces at Pecan Park ($350,000):  This project funds an additional 123 parking spaces at the Parking Spaces at Pecan Park ($350,000):  This project funds an additional 123 parking <br /> spaces at the <br />baseball complex.baseball complex. <br />Restroom/Pavilion at Five Points ($400,000):  This project funds the design and construction of a Restroom/Pavilion at Five Points ($400,000):  This project funds the design and construction <br /> of a <br />combination restroom facility and outdoor pavilion at Five Points Park.  This facility would replace the combination restroom facility and outdoor pavilion at Five Points Park.  This <br /> facility would replace the <br />dilapidated former Texas Parks and Wildlife building that is scheduled for demolition this Fall/Winter. dilapidated former Texas Parks and Wildlife building that is scheduled for demolition <br /> this Fall/Winter.  <br />Additionally, there is $229,665 remaining in the Enhancement Grant Program.  This amount will be available for Additionally, there is $229,665 remaining in the Enhancement Grant Program.  <br /> This amount will be available for <br />new projects in FY17.  new projects in FY17.   <br />On September 26, 2016, the Board approved the 60On September 26, 2016, the Board approved the 60--day notice posting and public hearing.  This posting appeared day notice posting and <br /> public hearing.  This posting appeared <br />in the Bay Area Observer on September 29, 2016.  Staff is requesting that the Board formally designate the above in the Bay Area Observer on September 29, 2016.  Staff is requesting <br /> that the Board formally designate the above <br />referenced initiatives as referenced initiatives as ““projectsprojects””of the Board.of the Board. <br />Action Required by the La Porte Development Corporation:Action Required by the La Porte Development Corporation:Action Required by the La Porte Development Corporation:Action Required <br /> by the La Porte Development Corporation: <br />Consider approval or other action to designate Parking Spaces at Pecan Park ($350,000), restroom/Pavilion at Five Consider approval or other action to designate Parking Spaces at Pecan <br /> Park ($350,000), restroom/Pavilion at Five <br />Points ($400,000), and the Enhancement Grant Program ($229,665) as projects of the Corporation.Points ($400,000), and the Enhancement Grant Program ($229,665) as projects of the Corporation. <br /> <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 />