Laserfiche WebLink
<br />REQUEST FOR LA PORTE DEVELOPMENT CORPORATION BOARD <br />AGENDA ITEM <br />Appropriation <br />Agenda Date Requested: September 23, 2019 <br /> <br />Requested By: Ryan Cramer, E.D. Coordinator Source of Funds: Enhancement Grant <br /> <br />Department: Administration <br />Account Number: 0159892-9931100 <br /> <br />Amount Budgeted: $217,054.89 <br />Report Resolution Ordinance <br /> <br /> <br /> <br />Amount Requested: $6,998.73 <br />Exhibits: Invoices and photos <br /> <br />Budgeted Item: Yes No <br /> <br /> <br />SUMMARY <br /> <br />On July 22, 2019, the La Porte Economic Development Corporation Board approved applicant Frank <br />Nance with State Farm at 508 West Main Street for $6,998.73 in reimbursement on $13,997.45 of eligible <br />projects, including a new sign, awning and façade work. The applicant has submitted pictures of the <br />completed work and invoices at a total cost of $20,174.45 (the discrepancy is due to the fact the applicant <br />used a different contractor for the façade than that named in their initial application - the applicant used <br />Coastal Group Roofing at a cost of $14,855 instead of Herring at $8,678). This reimbursement approval <br />is only for the initially approved $6,998.73. <br /> <br />RECOMMENDED MOTION <br /> <br />I move that the Board approve reimbursement of $6,998.73 to Frank Nance State Farm. <br /> <br />If the Board chooses to deny the grant, no action is required. <br />Approved for the La Porte Development Corporation Board meeting agenda <br /> <br />Corby D. Alexander, City Manager Date <br /> <br /> <br />